BSTEAD (2771)

Technical Analysis

1. 150 MA bullish

2. 50 MA 30 MA merging with no sign of direction

3. MACD bullish.

4. RSI bullish with sharp sloping.

5. Support point (1) 2.57.

6. Resistance point (1) 2.68.

7. Strong buy of shares with 3 green candles.

Fundamental analysis

1. Dividend Yield (%) : 6.68

2. Dividend Policy (%) : 70 Details

3. NTA (RM) : 2.780

4. Strong support from LEMBAGA TABUNG ANGKATAN TENTERA

Strategic

1. Share traded below NTA around 6%

2. Shares price entering correction period with horizontal trend-line.

3. Try to buy in near to bottom trend-line with DY controlling at 6%

4. Good dividend counter

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