SPH

TA wise, looks super bearish!
It was trading at $4.00 in 2015 and has been corrected sharply from $4.00 to a low of $2.12 as of 2nd Aug 2019, looks rather negative.

The 3rd quarter Net profit is down 35.1% to $36.38m.
Looks like The share price is under selling down pressure.

Short term wise, I think it may go down to retest $2.075 .
Breaking down of $2.075 with high volume that may likely go further down towards $2.00 with extension to $1.90 level.


NAV $2.10
Interim dividend 5.5 cents.
Final dividend is 3 cents & Special dividend of may be 4 cents( based on past year announcement).
Total dividend of 12.5 cents.

Will there be any cut in special dividend , we will only know when the company report its FY 2019 results in next quarter.

Not a call to buy or sell.

Pls dyodd.