(adsbygoogle = window.adsbygoogle || []).push({ google_ad_client: "ca-pub-8679583308408160", enable_page_level_ads: true });

Thursday, April 9, 2020

Olam Intl

Chart wise, looks bearish!
It has been sold down from $1.88 to a low of $1.26 before bouncing off to close slightly higher at $1.44, looks rather interesting!


NAV of $1.686
Dividend of 8 cents.
Yield of 5.55%.


The current price remain weak but lately has been seeing insiders buying up from $1.35 to $1.50 level ,looks like current price of $1.44 may be viewed as undervalued.


Short term wise, I think of it is able to cross over $1.53 the recent high smoothly plus good volume that may likely see further upwards move towards$1.60 them $1.70.


Not a call to buy or sell.
Pls dyodd.


No comments:

Post a Comment