HMSP
Things to consider
HMSP
: - Acquisition of Pharmacy Company which produce Asthma Inhaler ( Vectura Group PLC ) as much as 74.77 %
This action was deemed to be a major leap for "Beyond Nicotine" products from
HMSP
which reportedly aimed to produce a net income of US$1 billion on 2025. - HMSP reported an increase in revenue in the second quarter of 2021 by 14.4% year on year (yoy) and up 2.2% quarterly to Rp 24 trillion.
Meanwhile, HMSP's revenue in the first semester of 2021 rose 6.5% to Rp 47.6 trillion.
Based on the release of Philip Morris International Inc (PMI), Sampoerna A's sales volume in the first semester of 2021 grew 13.2% yoy. This figure increased compared to the first quarter of 2021 at 1.8% yoy.
- Cigarette excise rates have increase by 12.5% starting February 1, 2021.
Watchlist
HMSP
, we can make a speculative-buy on support . Thus we can do a spec-buy short swing trade on support.
ENTRY : 945 - 950
TP 01 : 980 - 985
TP02 : 1010 - 1015
TP03 : 1040 - 1045
SL : 930
Disclamer ON, all published ideas merely my opinion to certain STOCK. It is advisable to do your own analysis and research before entering a certain trade.
Happy Profitable Trading.