The share price has moved back above the EMA50 line in April 2018.
But in early July, share price moved back to below EMA50.
Stochastic(14) stated it is oversold.
Analyst is optimistic about this REIT, target price is high.
Potential upside >12%.
Dividend Yield is >7%.
| KLSE: MQREIT | MRCB-QUILL REIT |
| Last Price | Avg Target Price | Upside/Downside | Price Call |
| 1.11 | 1.41 |  +0.30 (27.03%) | |
| * Average Target Price, Price Call and Upside/Downside are derived from Price Targets in the past 6 months. |
| ** Price Targets are adjusted for Bonus Issue, Shares Split & Shares Consolidation (where applicable). |
| Date | Open Price | Target Price | Upside/Downside | Price Call | Source | News |
|---|---|---|---|---|---|---|
| 18/05/2018 | 1.12 | 1.40 | +0.28 (25.00%) | BUY | HLG | |
| 17/04/2018 | 1.08 | 1.44 | +0.36 (33.33%) | BUY | HLG | |
| 29/01/2018 | 1.23 | 1.44 | +0.21 (17.07%) | BUY | HLG | |
| 22/01/2018 | 1.23 | 1.38 | +0.15 (12.20%) | BUY | KENANGA | |
| 09/01/2018 | 1.22 | 1.38 | +0.16 (13.11%) | BUY | KENANGA | |
It seems that every-time there is an oversold position, the price is jump back the few days afterwards.
Support line is at ~RM1.002.
This is a good price to accumulate.
RSI always seems to be low at this level as well.
Link: https://www.klsescreener.com/v2/stocks/view/5123
Category : Reits - Main Market
| High | 1.120 |
| Low | 1.110 |
| Volume | 247,800 |
| Volume (B/S) | 250,300 / 297,900 |
| Price Bid/Ask | 1.110 / 1.120 |
| 52w | 0.995 - 1.360 |
| ROE | 5.06 |
| P/E | 18 |
| EPS | 6.32 |
| DPS | 8.36 |
| DY | 7.53% |
| PTBV | 0.89 |
| RPS | 16.69 |
| PSR | 7 |
| Market Cap | 1,189.7M |
| YoY | |
| RYoY |
| RSI(14) | Neutral 38.4 |
| Stochastic(14) | Oversold 0.0 |
| Average Volume | 457,300 |
| Relative Volume | 0.5 |
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