Shares & Derivatives
Food Empire – She has corrected from 1.34 to touch the low of 1.08 I think is a healthy correction! Final dividend of 5 cents plus Special dividend of 5 cents, looks like the company knows how to reward the shareholders! If it can reclaim 1.15 smoothly, we may see her rising up to test 1.21.Pls dyodd.
By Singapore Stocks Sharing  •  May 27, 2024
Food Empire  - She has corrected from 1.34 to touch the low of 1.08 I think is a healthy correction! Final dividend of 5 cents plus Special dividend of 5 cents,  looks like the company knows how to reward the shareholders! If it can reclaim 1.15 smoothly,  we may see her rising up to test 1.21.Pls dyodd. Food Empire  - It has a great running up from 1.10 to 1.34 level, seem rather overly extended! Last year Final dividend of 4.4 cents, yield is about 3.28 percent.  Lets say dividend increase to 6.5 cents yield is about 4.85% so, I think cautious mode! It may rise up to retest 1.36. But I think is better for her to consolidate and then gather the strength to cross over 1.36 convincingly. If not, we may see a retracement soon! Pls 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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