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Friday, April 3, 2020

UOB

Chart wise, looks super bearish!
Likely to continue to trend lower!

NAV 22.347.

Dividend of 75 cents , XD 11 May 2020.
Year dividend of 1.10. 
Yield is about 5.85% , looks attractive..


The current price of $18.80 is trading below its NAV of 22.347 , looks pretty interesting.

Short term wise, I think it might be good to monitor the pivot low of around $17.00 level that may present some bargain buying opportunity.

I think history always tends to repeat itself !
The same scenario may be replaying out again!




Not a call to buy or sell.
Pls dyodd.




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