CNA

Breaking Breaking it resistance at 0.61 and 0.63, CNA has tested its resistance at 0.65 before moving back to current 0.615. Currently it is under going some consolidation, it believe once it is done, it may test its 0.65 resistance again.

Company is proposing IPO and listing China Water on SGX. CNA is currently holding 49.9% stakes of China Water, if CW manage to successful listing on SGX, this will definitely helps CNA in term of its profit.

Link to the proposal on the IPO for China Water : http://www.listedcompany.com/ir/cna/newsroom/CNA190607.pdf

This is a fundamentally strong company and worth holding for long term.