Share price has been hovering near and above its MA 200 line after hitting its 52- week high at HKD15.17 in January. Lower trading volume is seen in the past 2 weeks which is in line with the HSI retracement. Indicators are showing uptick momentum, share price is pending breakout to move higher
Net profit is expected to grow at a CAGR of 9.4% for the next 3 years with improved margin estimated to be above 15%.
Source: Rakuten Research - 27 Feb 2023
Created by rakutentrade | Jul 18, 2024