Josh_Koh

MYX DY Stock #1 - HUPSENG

Panjang
MYX:HUPSENG   HUP SENG INDUSTRIES BHD
DY Stock #1 - HUPSENG

Fundamental Analysis
Dividend is consistent for past 10 years. DPS = 6 CPY (Cents Per Year) over the past 5 years.
Company has strong fundamental with good liability ratio (~30%).
Revenue and profit is growing every year.
Business sector is involved in the food and beverage industry.

Technical Analysis
7 years impulsive waves.
3 years correction ABCDE with (3,3,3,3,3) waves was high probably done.
DY is around 6.2% in the range of 0.90-0.98 entry zone.
Therefore, this stock has a good entry as dividend gain stock.


Entry
Entry 1 : 0.875 - 0.980 (To target DY > 6%)
Average Down as long as company fundamental is not affected.

Cut Loss : 0.860

Exits
TP1 : DY = 2% - 3.00
TP2 : DY = 1.5% - 4.00
When DY is less than Fixed Deposit in MYX


DYOR before investing your hard earn money!
Penafian

Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.