Yee Lee Corporation Bhd
(YEELEE,5584)
Share Price as at December 13, 2010: RM0.905
Distribution for FY2010 0.0178 sen
Dividend Yield (%) 1.97%
Trailing 12-m P/E 7.31x
Average Historical P/E (2009 to present) 6.02x
Historical range of P/E (2009 to present) 3.53x – 10.49x
52 week High RM1.33
52 week Low RM0.47
P/Book RM0.73
Average Historical P/Book (2009 to present) 0.56
Historical range of P/Book (2009 to present) 0.34 – 1.00
• Exited from the downward channel, which started in July 2010.
• Found support above the upper boundary of the downward channel.
• Share price seems to gather momentum above RM0.84.
• Daily MACD is poised for positive crossover and yet to penetrate the zero line.
• RSI rebounded back to 50-level, currently heading upwards.
• DMI is in the midst of staging bullish crossover.
• A break below RM0.84 may hint for the extension of the bear trend
• Confirmation of the RM0.84 support and break above RM0.96 may indicate the end of the correction.
• Next resistance can be found between RM1.18 and RM1.32.
Disclaimer: The company analysis that appear in this blog is merely facts gathered from different sources and the author's personal view. It is not a buy or sell recommendation. The author do not guarantee the accuracy of the facts being presented. Please consult your investment advisors before acting on any information provided by the analysis above.
As of 5 Jan 2011, yeelee's price is RM1.07. From 13 December 2010,Yeelee increased 18.23%. By now, a mild profit taking activity can be seen in the stock.
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