This has got to be the worst week of the year with a heavy sell down of most stocks.
I've trimmed my holdings in IGB, Kfima, HSP, IJMP, IJM, IJM-wc. While all yielded profits, Kfima and HSP gave greatest gain of 27 and 20% respectively
Still like TDM and THP
THP share price surged recently from RM1.46 to RM2.28 and has since settled at RM1.94 Retracement FR 23.6% (RM2.09) FR 38.2% (RM1.97) FR 50% (RM1.87) FR 61.8% (RM1.78)
I think it will be well supported at RM1.87 level considering dividend DPS 8.5sen (8.5/187= 4.5%) due in April. PE is abt 14
TDM reverses from recent high of RM3.44 and is currently squatting at RM3.03
Retracement FR23.6% (RM3.10) FR38.2% (RM2.89) FR50% (RM2.73)
Should hold at spot price as DPS 13sen (13/303 =4.3%) due in April. PE is abt 9