Fundamental Analysis Dividend is consistent for past 10 years. DPS = 6 CPY (Cents Per Year) over the past 5 years. Company has strong fundamental with good liability ratio (~30%). Revenue and profit is growing every year. Business sector is involved in the food and beverage industry.
Technical Analysis 7 years impulsive waves. 3 years correction ABCDE with (3,3,3,3,3) waves was high probably done. DY is around 6.2% in the range of 0.90-0.98 entry zone. Therefore, this stock has a good entry as dividend gain stock.
Entry Entry 1 : 0.875 - 0.980 (To target DY > 6%) Average Down as long as company fundamental is not affected.
Cut Loss : 0.860
Exits TP1 : DY = 2% - 3.00 TP2 : DY = 1.5% - 4.00 When DY is less than Fixed Deposit in MYX
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.