There are so much hype about the global inflation stories ongoing every day that could create too much noise for investors.
I find financial institutions with good dividend payout, stable cashflow and a proven business model attractive as a form of defensive play. Great Eastern happens to be one of them.
After 2 long years of downtrend, it has now settled at the resistance turn support level at 20.48.
I expect price to continue going up slowly and nicely over the years.