ASIAN PAY TV TR - 20th June 2014 - Asian Pay Tv is looking good to re-test 79 cents and head higher towards 80 cents then 83.5 cents. The trading volume has been quite high for the past few days and this may provide strength to drive the share prices higher. The next coming dividend announcement/payment will be in Aug 2014. Think this may provide the catalyst for the share prices to head higher.(trade base on your own decision)
ASIAN PAY TV TR - 6th June 2014 - Asian Pay Tv seems to have a nice break-out today and closed well at 78 cents. Volume is also rather high which is quite bullish. All 3 indicators such as MACD,RSI & Stochastic are trending upwards which is rather positive. Short term is more likely to head higher towards 80 cents then 83.5 cents. They pay very good dividend of about 8.25 cents which translate to more than 10 % yield. Think is one of the highly pay fixed income fund.( trade base on your own decision)
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