SPH

This old man stock counter has finally turn-around after touching the low of 2.29 it has managed to stage a strong recovery and rises higher to hit 2.50 today, this is rather bullish!

The current price of 2.50 is staying above its SMA lines + MACD is still rising up nicely, likely to continue to trend higher!

Short term wise, I think it may likely move up to retest 2.55.
Breaking out of 2.55 with ease + good volume that may drive the price higher towards 2.60 then 2.66.

NAV of 2.138.
PE is about 15x.
Dividend of 5.5 + 7 cents = 12.5 cents.
Yield is about 5%.

Not a call to buy or sell.

Pls dyodd.