Mjolnir314

JPFA.JK MID-TERM INVESTMENT OUTLOOK

Long
IDX:JPFA   JAPFA COMFEED INDONESIA
JPFA


JAPFA COMFEED VALUATION
  • JPFA’s price/sales is 0.31.
  • JPFA’s price/forward earnings is 7.18.
  • JPFA’s price/book is 0.95.


JAPFA COMFEED TECHNICAL BREAKDOWN
  • Have a strong potential to continue the bullish movement, currently running in a bearish corrective movement
  • Rp1,050-1,175 is expected to be the end of Wave E movement
  • 1st Buy price around @Rp1,175
  • Average Down @Rp,1,025
  • Cut loss @Rp990
  • Bearish channel corrective movement should be traded cautiously

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