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Saturday, November 12, 2022

Frasers Property

 Chart wise, bearish mode!

The downward trend looks seemingly super oversold!

NAV 2.66. EpS 0.22+, PE 4x. 

Dividend 3 cents, yield 3+%.



Is really quite interesting to take a look at the current price of 0.885! Less than half P/B. 

Unlike those property counter listed on index component which are seemingly pushed up to such a high price level!

TA wise, need a nice breakout of 0.91 smoothly in order to drive the price higher towards 0m95 then 1.05 and above.

Pls dyodd.


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