Likely to continue to trend higher!
The current price of 57 cents is hovering near SMA lines plus a doji shape candlestick which may likely see a bounce off from here!
NAV 74.4 cents.
DPU of 2.61 cents ( half year) & may be another 2 cents dividend for Final that will add up to a total of 4.61 cents, yield is solid at 8.08% base on current price of 57 cents.
I think result should be out on 28 or 29 May 2020.
Short term wise, I think it may move up to retest 60 cents again!
A nice breakout of 60 cents plus good volume that may likely drive the price higher towards 65 cents then 69 cents.
Not a call to buy or sell.
Pls dyodd.
No comments:
Post a Comment