Today's slide causes me less concern than Nov 8th breaking through 21.5c, as today the sentiment, and last 2 days charts, all bad.
However, with interesting, the % gap between buyer and seller around 19.5 / 20 is visibly narrowing.
Say, if Div = 1.5c, 17~18c shall provide substantial support. (Compared to APZ's 'support', considering its forecast div)
Personally believe FKP is good value at current SP, as its retirement recurring income sits above 50% level. Further, FKP seems to ridding off funcy stuff and concentrate even more on recurring income.
Ready to enter again if it breaks up 20.5c, even better 21.5c.
FKP Price at posting:
$1.37 Sentiment: ST Buy Disclosure: Held
