SUI
SUI improving fundamentalsJSE: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.
Long Term Bullish Trend in #SUIFor last 5-6 years #SUI has been rising in a slow and steady bull run despite so many ups and downs in the market. It handled pandemic downtrend beautifully and came back to its original uptrend as soon as pandemic fear was over and its been rising secularly.
Currently its been under profit booking and this may last for next several weeks. Safe players can wait for profit booking to be over and buy when resumes its uptrend. Its a Buy till it falls upto 160 from current price. Its one such stock which is a Buy at every dip.
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