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Thursday, January 30, 2020

Haw Par

Chart wise, looks rather bearish!
After hitting the high of 14.86 it has been on a selling mode pressure and went down to test 12.15 today, looks rather weak!


Short term wise, I think it may likely retest the recent low of 12.05 level. Breaking down of this level + high volume that may likely see the price sliding down towards 11.68 level.

NAV 13.70
Dividend of 30 cents.
Yield is 2.5%


Not a call to buy or sell.
Pls dyodd.


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