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Wednesday, April 15, 2020

Suntec

Chart wise, she has managed to bounce-off from the low of $1.10 and rises higher to close at $1.31, looks rather positive!


Short term wise, I think a nice breakout of $1.36 plus high volume that may likely propel to drive the price higher towards 1.40 then 1.50 level.

NAV $2.126
P/B 0.616
Dividend let say drop to 8.8 cents. i.e. 2.2 cents per quarter, Yield is about 6.71% based on current price of $1.31, looks pretty attractive!


The recent Share Placement offered price was $1.80 per share.
We are now getting a good discounted price at $1.31.


Not a call to buy or sell.
Pls dyodd.

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