November 12, 2019 | Hong Wei Giet
Technical Analysis
===============
- JTIASA shares price has been slashed by 85% since its historical high which indicated Palm Oil counters' shares price is led by economic cyclical.
- It is not recommended to hold for the long term. More suitable to speculate method due to their company
More: https://www.fundamental-technical-analysis.com
技术分析
========
- JTIASA的股价自其历史高位以来已下跌了85%,该历史高点表明棕榈油的股票价格受经济周期的影响。
- 不建议长期持有。其股票更适合于投机,因为公司业绩与棕榈油价格走势具有高度相关性。
更多: https://www.fundamental-technical-analysis.com
Number of shares 970 million.Buy call at 88-89 cents.TP rm 1.32-rm 1.40.
JTIASA
Based on a PER of 7x, JTIASA is worth RM 1.03.