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Friday, January 14, 2022

MLT

 Chart wise, it has managed to bounced off from the low of 1.74, looks rather interesting!




Short term wise, A nice crossing over of 1.82 level smoothly plus good volume that may likely reversed this downtrend!

Yield is about 4.8% base on the current price of 1.78. NAV 1.32. P/B 1.5x.

Current weakness in price is giving us an opportunity to consider this resilient logistics reit counter under famous sponsor, low gearing... 


Pls dyodd.


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