SGX:G92 Comments on Annual Quantitative Analysis End 2023 Price Target using same PE as 2022 = $1.24 End 2023 Price Target using same Sales Multiple as 2022 = $0.73 Forecasted Revenue to decrease but Net Income to increase in 2023. The increase in Net Income could be attributed to the increase in Other Income. Lower Revenue is affected by the decrease of...
Someone wanted to know about this counter, CAO. They are dependent on the recovery of the global aviation industry and at present, the entire industry is still very weak. There are analysts saying that traveling may not return to the pre-Covid 19 days. I can't foretell but looking at the chart, I will not be keen. 1. it is still on a downtrend since...
View On China Aviation (26 AUG 2020) We are in the inflationary environment and people are in search for yield. We are seeing some BULL (pumping action) and it can continue. $1 will be an easy target. let's see. DYODD, all the best and read the disclaimer too. Feel Free to "Follow", press "LIKE" "Comment". Thank You! Legal Risk Disclosure: Trading...
Broken down from a falling wedge pattern. Looks utter crap. If you have current holdings, lets see if next couple of weeks it holds $1.30 pricing. Be sure to sell @ $1.40 for an expected small rebound.