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Monday, July 15, 2019

SPH

Looks like this old man stocks counter has been on a ferocious selling down pressure down 17 cents to 2.32 after posted Net profits was down 44% for 3rd quarter result, looks rather bearish!


Will it cut the special dividend of 4 cents that may dampan further downgrade by analyst.

It is now approaching the previous low of 2.29. Breaking down of 2.29 may slide further down to 2.20 then 2.00.

Not a call to buy or sell.

Pls dyodd.


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