Trend_Trader_JSE

SUI improving fundamentals

Long
JSE:SUI   SUN INTERNATIONAL LTD
SUI interim results show improving fundamentals. The Group revenue grew by 37% and basic EPS up > 100% (94 cents), and the company declared a gross interim dividend of 88 cents.

Technically, the stock has been finding support in a rising MA, but kept short of breaking above R32/share. Hopefully these results will help push the price to a new 52 week high, which will be a buy signal.

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