Technical Analysis
150 MA bullish
50 MA 30 MA bearish
Three MA line tend to merge which showed correction/turning point of share price
MACD strong bullish
RSI strong bullish
Good sign in MACD and RSI but there is no volume of transaction support the share price.
Fundamental analysis
More than 5% DY
Continuous profitable quarter for 10 years
Year over year profit growth
Strategic
Good enter zone for long term dividend from 1.90 - 1.95 with DY more than 6 %
As long as USD/MYR stay at high point, TIENWAH will have better position of their profitable as it is a export proceed earner.