$Jardine C&C (C07.SG)$ Strong uptrend, the bullish cycle has...
$Jardine C&C(C07.SG$ Strong uptrend, the bullish cycle has just started. Favorable market condition turning in. Attrractive dividend for a blue chip.
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102539156 Dan : Any good price to add?
bullrider_21 102539156 Dan: Near yesterday's closing price and then it was up all the way.
102539156 Dan bullrider_21: Q at 24.5 yesterday. Din get in… then it went up… added some at 24 previously.. alr have quite a bit… so unless some pull back.. not going to add
ChomelOP : The research house’s price target of S$29 represents a 25 per cent discount to an estimated FY2024 net asset value (NAV) of S$38.24 per share, which was derived from a sum-of-the-parts methodology and based on the stock’s historical average.
In a report on Sunday (Apr 7), Citi’s research team highlighted Jardine C&C’s share price decline of about 30 per cent since May 2023, along with a widening of its discount to NAV to 36 per cent from 4 per cent.
It therefore recommends that investors accumulate the stock at current levels, in view of the research house’s projections for the group’s net profit for FY2024 to FY2026 to increase by a compound annual growth rate of 7 per cent.
Maniac Fool : Ceo also bought in earlier
TMW1986 : Let’s see how much can rebound. I think a lot bought 28-30 range so still at a loss. Let’s see short sellers will cover back or keep shorting.
104716151 102539156 Dan: now, will head to $27 - $28 before XD
102241897 :