Q&M - Coming Out of First Mini Downtrend

Q&M chart first sign of looking positive, need continue monitoring.

Previous support is holding well.

Yield at today closing 0.53

Year	Yield	Total	Amount	Ex Date	Pay Date	Particulars
2022	1.89%	SGD 0.01	SGD0.01	2022-03-07	2022-03-24	Rate: SGD 0.01 Per Security
2021	11.32%	SGD 0.06	SGD0.01	2021-11-22	2021-12-03	Rate: SGD 0.01 Per Security
			-	2021-09-01	2021-09-09	Ratio: 5:1
			SGD0.01	2021-08-20	2021-09-03	Rate: SGD 0.01 Per Security
			SGD0.01	2021-05-20	2021-06-02	Rate: SGD 0.01 Per Security
			SGD0.005	2021-05-10	2021-05-25	Rate: SGD 0.005 Per Security
			SGD0.025	2021-03-08	2021-03-23	Rate: SGD 0.025 Per Security
2020	5.32%	SGD 0.028	SGD0.004	2020-08-27	2020-09-14	Rate: SGD 0.004 Per Security
			SGD0.0242	2020-04-24	2020-05-13	Rate: SGD 0.0242 Per Security

Q & M - Danger Point of Support

Long-term Trend = Up

Q&M break support today, if it does not bounce back, there will be further downfall.

Yield buy price 0.565

Year	Yield	Total	Amount	Ex Date	Pay Date	Particulars
2021	10.62%	SGD 0.06	SGD0.01	2021-11-22	2021-12-03	Rate: SGD 0.01 Per Security
			-	2021-09-01	2021-09-09	Ratio: 5:1
			SGD0.01	2021-08-20	2021-09-03	Rate: SGD 0.01 Per Security
			SGD0.01	2021-05-20	2021-06-02	Rate: SGD 0.01 Per Security
			SGD0.005	2021-05-10	2021-05-25	Rate: SGD 0.005 Per Security
			SGD0.025	2021-03-08	2021-03-23	Rate: SGD 0.025 Per Security
2020	4.99%	SGD 0.028	SGD0.004	2020-08-27	2020-09-14	Rate: SGD 0.004 Per Security
			SGD0.0242	2020-04-24	2020-05-13	Rate: SGD 0.0242 Per Security
2019	1.45%	SGD 0.008	SGD0.004	2019-08-28	2019-09-13	Rate: SGD 0.004 Per Security
			SGD0.0042	2019-05-08	2019-05-24	Rate: SGD 0.0042 Per Security

Q&M Dental - COVID-19 Play

Q&M Dental is another COVID-19 play.  Like the days of their internet craze, a company just need to annouce to investors that they are investing something on the net and the company share price will shoot up the sky.

With COVID-19, as long as any company announce something about COVID-19 test kits or vaccince, it share price will shoot up the sky.  But you have to be fast and not too greedy as it is Pump and Dump.

STI Index: Bullish

Trading Strategy: Long

Q & M Downtrend Since Sep 2016

Look at chart before you buy helps you avoid stocks such as Q & M that had been on a downtrend since Sep 2016.  Money will be stuck for a very long time if you average such a stock.

Q & M seems to be expanding too fast and they are highly leveraged.  Does not boil well when interest rates are creeping up.  Fundamentally and Technically are in sync.  Revenue are down for the last 2 years while debts are all time high.