ABC Pattern Analysis on Keppel Land. Keppel Land is one of the “blue-chip” of property/construction and its a GLC. So, fundamentally, I have no issues. But, what caught my eyes is its Price/NAV which now sitting at 0.75 or 25% discount. It is not as huge discount as Wing Tai (see my posting on Wing Tai). But, how much discount you can expect from a great company? See the two chart I presented below. The chart below (20 years) is general analysis to see a “cycle”. See the periods: 1. 1997 – 2004 (~ 7 years), and 2. 2007 – 2014 (~ 7 years). From 2005 onward, it has a very nice “mini-bull run”. The way I see it, from 2015 onward, it will be a “super-bull run” for this counter. Let’s see the ABC pattern analysis on the chart below. I’ve drawn the ABC waves for you to ......