Lim and Tan:
CDL is currently trading at a 25% discount to its historical NAV and we expect an even wider 40-50% discount to its RNAV as the company does not revalue its assets to current market values. We maintain our “BUY ON WEAKNESS” recommendation on as investors become more jittery about the negative impact from the government’s cooling measures implemented last year and also trade tensions between the US and China.
Uob bank - Chart wise, shw had managed to trade above 35.12 and closed
higher at 35.50, looks like this bullish momentum may continue to trend
higher towards 36 than 36.30
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Uob bank - Chart wise, shw had managed to trade above 35.12 and closed
higher at 35.50, looks like this bullish momentum may continue to trend
higher...
3 hours ago
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