Shares & Derivatives
SIA Engineering
By Investment Moats  •  August 31, 2013
Price of SIA Engineering have come down a  fair bit this week. We take a look at it. (SIA ENGG  is tracked in the Dividend Stock tracker) SIA Engineering 75dJUmO Markets go through euphoric moments and downright pessimism but SIA Engineering have shown a respectable set of quarterly results. It is certainly strange that on days when yield stocks were beaten down, it managed to stay up well, only for it  to sell down well. We always like SIA Engineering, and at a lofty price of $5 there are little justification to buy it. Its certainly a good business but does not present us with a good margin of safety. Would $4.60 be a good price? Technically we have a strong support zone near $4.45. If that doesn’t hold, we go back to 2011 territory. I think many would welcome that scenario.

Summary of fundamental data

No of outstanding shares: ......
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By Investment Moats
Investment Moats is set up by Kyith Ng and have been around since 2005. He aims to share his experiences making sense of money, how money works and ways to grow his money. It hopes that by sharing his experiences, both good and bad, season investors can advice and critique his decisions and new investors can learn from them and find their own style ...
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