BEVERAGE player Yeo Hiap Seng (YHS) recorded a S$3.3 million loss for H2 ended December, as sales took a hit from the impact of Covid-19. This reversed the S$3.1 million net profit from a year ago.
Nevertheless, the firm has recommended a final dividend of S$0.02 per share for FY2020, with the option to receive the dividend in scrip.
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Technically, YHS start its long downtrend movement from 2013 till 2021.
Close at 0.77 which is back to the past price in 1995.
Best to avoid this stock.
Rule number 1: Always put a stop loss before entry, always, no exception. You do not drive a car if it does not have brakes. Have a stop loss first, then think about entry, end of conversation.
Rule number 2:: No Rule number 2, strictly master Rule Number 1 and you are likely to succeed in Technical Trading.
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