Technical Analysis
150 MA bullish
50 MA 30 MA merging with no sign of direction
MACD bullish.
RSI bullish with sharp sloping.
Support point (1) 2.57.
Resistance point (1) 2.68.
Strong buy of shares with 3 green candles.
Fundamental analysis
Dividend Yield (%) : 6.68
Dividend Policy (%) : 70 Details
NTA (RM) : 2.780
Strong support from LEMBAGA TABUNG ANGKATAN TENTERA
Strategic
Share traded below NTA around 6%
Shares price entering correction period with horizontal trend-line.
Try to buy in near to bottom trend-line with DY controlling at 6%
Good dividend counter