In fundamental view it might be quite late to say that the company is still having the same performance as Q3, as the Q3 performance was dropped & so do most of the companies in Indonesia. Based on the P/E AISA has a big P/E but when looking at the future prospects, the company has a great prospects as it has just acquired some food produces, palm plantations, and a lot of corporate actions in order to expand its business in food.
Based on the technical view, this stock has just gone sideways for 3-5 days when our index was falling down, but this stock went down limited, and once yesterday it breaks the new all time high, then it's a good time for us to buy the stock again.
Rating: Buy; Entry: 840-850, S/L: 730-740 (if today it don't go this low, then this is the point), TP: 970-1070
Happy Investing^^
Disclaimer ON!!!
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