Josh_Koh

MYX DY Stock #1 - HUPSENG

Long
MYX:HUPSENG   HUP SENG INDUSTRIES BHD
DY Stock #1 - HUPSENG

Fundamental Analysis
Dividend is consistent for past 10 years. DPS = 6 CPY (Cents Per Year) over the past 5 years.
Company has strong fundamental with good liability ratio (~30%).
Revenue and profit is growing every year.
Business sector is involved in the food and beverage industry.

Technical Analysis
7 years impulsive waves.
3 years correction ABCDE with (3,3,3,3,3) waves was high probably done.
DY is around 6.2% in the range of 0.90-0.98 entry zone.
Therefore, this stock has a good entry as dividend gain stock.


Entry
Entry 1 : 0.875 - 0.980 (To target DY > 6%)
Average Down as long as company fundamental is not affected.

Cut Loss : 0.860

Exits
TP1 : DY = 2% - 3.00
TP2 : DY = 1.5% - 4.00
When DY is less than Fixed Deposit in MYX


DYOR before investing your hard earn money!
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