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Wednesday 2 October 2013

Will the $0.71 support be broken for Hi-P?


If the $0.71 support is broken, the next support will be $0.65. It will be hard to imagine that it will reach its ultimate support of $0.45. From Yahoo:

PE = 17 (Expecting more earning next year)
P/B = 1
profit margin = 3%
ROE = 6.2%
current ratio = 1.5

The above figures are supported by Reuters.

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