CMMT (5180)

Technical Analysis

1. 150 MA 50 MA 30 MA merging which showed a changing of shares direction.

2. MACD bullish.

3. RSI bullish.

4. Support point (1) 1.557 & Support Point (2) 1.467.

5. Resistance point (1) 1.626.

6. Share Price is following trend line.

Fundamental analysis

1. Good dividend share with value property portfolio.

2. EMPLOYEES PROVIDENT FUND BOARD & KUMPULAN WANG PERSARAAN (DIPERBADANKAN) are increasing their shareholding.

3. DY 5.40% better than Fixed deposit rate as financial institution offers.

4. CMMT 5 Years Revenue & Profit Trend is increasing stability.

Strategic

1. If the shares price able to hold @ 1.55, it might challenge next level at 1.60

2. MACD, RSI and volume seen not enough to push the price high on coming week. Thus, try to buy in as near as trend line to have more safe zone.

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