Rakuten Trade Research Reports

Foreign Equities (HK): BYD CO LTD-H - BUY with 38.6% potential upside and positive technical indicators.

rakutentrade
Publish date: Mon, 25 Sep 2023, 08:55 AM
rakutentrade
0 1,857
An official blog in I3investor to publish research reports provided by Rakuten Trade research team.

All materials published here are prepared by Rakuten Trade. For latest offers on Rakuten Trade products and news, please refer to: https://www.rakutentrade.my/

To sign up for an account: http://bit.ly/40BNqKI

Rakuten Trade

Hotline: +603 2110 7110 (Account Opening, General enquiry)
Email: customerservice@rakutentrade.my

TECHNICAL ANALYSIS

Share price is recovering from its 3-month low of HKD215 with support seen at HKD238.40. Buying momentum remains strong as RSI is moving upwards. MACD is poised for a potential crossover hence share price is expected to propel higher. Consider accumulating at this juncture to seize the opportunity.

Fundamentals

Net profit is expected to grow at a CAGR of 35% for the next 3 years with improving net margins from 4% to 4.8%.

Source: Rakuten Research - 25 Sep 2023

To sign up for an account: http://bit.ly/40BNqKI

[Youtube Tutorial] Account Opening & Enable Foreign Equity: http://bit.ly/3I5Jzxo

Discussions
Be the first to like this. Showing 0 of 0 comments

Post a Comment