SBS Transit – Yesterday, shw had a nice long and wide candlesticks appearing on the chart and the price is up 7 cents to close at 3.07 this is rather bullish! Next, she may rise up to test 3.13.
A nice breakout with ease plus good volume we may see her rising up further towards 3.30 than 3.50 and above. The company is cash rich with 300+m cash on hands likely able to sustain in paying out dividend. She will be reporting her 1st Half results in August, interim dividend of 5.58 cents is coming. Nice! Pls dyodd.
20th July 2025: Sbs Transit – She is gaining momentum likely to retest 2.95 again. A nice breakout smoothly plus good volume we may see her rising up further towards 3.00 and above !
Beyond 3.10, she may rise up to test 3.15 than…
