JPFA.JK MID-TERM INVESTMENT OUTLOOK

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
  

Disclaimer On