What is the good news?
1. Sold of Insurance get approval and reduce stake and give special dividend to shareholders
2. Rapid land sell with massive land sell profit as the land price there now rocket high due to the project of RAPID already in production running mode.
3. Take private as current price is deeply undervalued, BOSS is really not happy (if I'm the boss).
I guessed only lah...just bla bla bla...don't take it serious. I wrote it down just for future when I old time, I can read back for fun. Nothing serious here.
Below is MPHBCAP weekly chart, can see the so called technical resistance 1 1.19, TA resistance 2 1.21. For value investors, TA is a tool for understanding the price position, also can be served as a tool to assist decision to sell or buy.
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