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Thursday, October 10, 2019

Hong Kong LAnd USD

TA wise, looks bearish!
After a short rebound from 5.40 to 6.00 but was rather short-lived.

It has now again dropped back to 5.38 level today and managed to close slightly higher at 5.40 level.
It seems that it has managed to clinged onto this immediate support at 5.40 .


NAV of $16.49.
P/B 0.32 is really a joke!

Dividend of 22 cents.
Yield is 4%.


Looks like it may bounce off from this level and rises higher towards 5.60 then 5.78 level.

Not a call to buy or sell.
Pls dyodd.


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