Share price found its support at HKD12.50 and rebounded. It is still trading below all its key moving average lines. Nonetheless indicators have turned bullish and showing uptick momentum thus share price is expected to trend higher.
Net profit is expected to grow at a CAGR of 16% for the next 3 years with stable net margins of between 6.6%-7.2%.
Source: Rakuten Research - 31 Jul 2023
To sign up for an account: http://bit.ly/40BNqKI
[Youtube Tutorial] Account Opening & Enable Foreign Equity: http://bit.ly/3I5Jzxo