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Wednesday, March 18, 2020

DBS

I think the current price of 17.90 is trading at an attractive yield of more than 7%,NAV 19.25,looks rather like under value is Appealing!


Dividend of 1.32. Quarterly dividend of 33 cents looks rather interesting!


I think we may see a technical rebound soon as the price has been overly corrected from $25+ to $17.90.


Short term wise, I think we may see it rises to retest $19.00 then $20 with extension to $21.79.


Not a call to buy or sell.
Pls dyodd.


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