Friday, June 7, 2019

BreadTalk Grp

TA wise, looks rather bearish!
After hitting the high of 1.26 level it has since corrected sharply and continue to go down to touch 78 cents , looks rather weak/negative!


Short term wise, seems oversold and it is hovering at the support level of 77-78 cents.
Will it have a technical rebound to take it back above 80 cents level.

I think the chances is pretty high!


NAV 21.5 cents.
EPS 2.7 cents.
PE 28.9x
Dividend if 1.5 cents.

Seems trading at a high PE.

Not a call to buy or sell.

Pls dyodd.



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