[Komunitas AmiBroker] REMINDER INDY

Dear Traders

How are you today? Hope you are in a great condition
Few days ago I initiated BUY on INDY IJ based on EOW C pattern. Today, we can see INDY reported jump profit YoY. Here our report

.  Indika Energy's (INDY) 1H10 sales jumped 170% yoy to Rp1.6t with net profit rising 28% yoy to Rp467b.  Meanwhile, net margin declined as INDY incurred higher costs for contracting and services (up 158% yoy to Rp1.3t) as a result of higher sales volumes during the period.  (Source: Bisnis Indonesia)

I re-iterate BUY with target price at Rp3,500 and then 3,700.

Check the full article at www.stocksforliving.com


Best Regards
GEMA
www.stocksforliving.com

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