HLBank Research Highlights

Bullish Tracker 13 Oct – NAIM (5073): Main Market-Property

HLInvest
Publish date: Fri, 13 Oct 2023, 10:01 AM
HLInvest
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This blog publishes research reports from Hong Leong Investment Bank

Bullish triangle breakout may spur greater upside towards 0.975-1.00 region

✅Current price: RM0.87

✅Entry: RM0.82-0.85-0.87

✅Stop Loss: RM0.795

✅Resistance: RM0.925-0.975-1.06

✅52W high/low: RM0.975-0.45

✅Book value/share: RM2.49

✅Price to book (x): 0.35 (-13% vs 10Y avg 0.4)

✅Risk profile: Low

Source: Hong Leong Investment Bank Research - 13 Oct 2023

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