The share price was on the short term uptrend after hitting the 52 weeks low in October 2022. It went into slight retracement recently in line with the HSI performance nonetheless it still trading above the MA 200 line. Indicators are showing bearish signals, awaiting bullish signals for for entry opportunities.
Net profit is expected to grow at a CAGR of 6% for the next 3 years with improved margin estimated to be above 22%.
Source: Rakuten Research - 20 Feb 2023
Created by rakutentrade | Jul 18, 2024