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Saturday, October 2, 2021

Mnact

 I think coming half yearly dpu may likely increase! If the payout is 3.2-3.5 cents estimating yearly dividend of 6.4 to 7 cents looks quite a nice yield of 6.5 - 7.2%. 



XD 4TH August. Pay date 9 Sept.

Pls dyodd.


 Wah, Nice first quarter results update!

Np I is up 14.3%. Occupancy 97.4%. Likely to see it's dividend rising towards 7 cents soon!


Likely to see price well supported at the current price of 1.03 and perhaps rises higher towards 1.10 level. 


 Chart wise, bearish mode!

Likely to continue to trend lower!




Short term wise, I think likely to go down to retest 98 cents.

Breaking of this level plus high volume that may drive the price lower towards 94 then 92.


Not a call to buy or sell.

PLs dyodd.


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