Shares & Derivatives
Mapletree Ind Tr – Wow! A nice Long and bullish Green bar appearing on the chart 5 days ago plus high volume and closed well at 2.45 looks like Bull is back ! Likely to continue to trend higher!
By Singapore Stocks Sharing  •  December 21, 2023
Mapletree Ind Tr  - Wow! A nice Long and bullish Green bar appearing on the chart 5 days ago plus high volume and closed well at 2.45 looks like Bull is back ! Likely to continue to trend higher! Short term wise,  she will rise up to reclaim 2.47. A nice breakout smoothly may likely see her rising up towards 2.58 than 2.73. Pls dyodd. Quote : Mapletree Industrial Trust has been kept at "buy" by UOB Kay Hian's Jonathan Koh, along with a revised target price of $2.76, slightly higher from $2.74 indicated earlier. https://www.theedgesingapore.com/capital/brokers-calls/uob-kay-hian-maintains-buy-call-mapletree-industrial-trust I think boat is back! At 2.19, yield is about 6.1% estimating yearly dividend of 13.4 cents. NaV 1.86. Gearing is below 40%. Chart wise, looks like she may go down to test the recent low of  2.17. Next quarterly results will be out on 25th October,  dividend is coming! Not a call to buy or sell! Please dyodd....
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By Singapore Stocks Sharing
All information is just for sharing on https://spore-share.com or https://spore-share.blogspot.com (Trade/Invest base on your own decision). Thank You! For trading, be firmed in executing your stop loss strategy. Also don’t be too eager to take profit to early. Let your profit run. For Investing it is good to read up and educate yourself to know the basic financial analysis. Learn how to identify good company to invest . Pick those company/counter that you are familiar with their business.
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2 Comments

2 responses to “Mapletree Ind Tr – Wow! A nice Long and bullish Green bar appearing on the chart 5 days ago plus high volume and closed well at 2.45 looks like Bull is back ! Likely to continue to trend higher!”

  1. Tony says:

    how can we hide articles from this “Wow” writer?

    • Derek says:

      Hi Tony,

      Thanks for your comments. I understand that readers have their own preferred list of authors but unfortunately I have not thought of a cost effective way to implement it. The traditional way is to have readers login with an account and create their own preference, however this is not only expensive but also cumbersome for the readers.

      Feel free to share if you have any suggestions.

      Thanks.

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