2nd quarter dpu of 1.69 cents slightly better than first quarter dpu of 1.65 cents. XD 30/7.
Tomorrow 2nd quarter result announcement before trading commenced.
If the DPU is not too bad then I think price may rise higher towards $1.80.
First quarter dpu is about 1.65 cents. Together with 2nd quarter dpu, can expect a payout of more than 3 cents for the coming dividend.
Chart wise, still stuck in a consolidation mode!
Need a nice rebound to cross over 1.80 smoothly plus high volume in order to drive the price higher towards 1.85 and above.
Not a call to buy or sell.
Pls dyodd.
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