Weekly Commentary :

Date

Recommendation

Candlestick

5-Aug-11

SELL

Long Black Candlestick

29-Jul-11

SELL - IF

Bearish Harami

22-Jul-11

HOLD

White Candlestick

PT Polychem Indonesia Tbk ( ADMG.JK )

PT Polychem Indonesia Tbk is an Indonesia-based manufacturing company. The Company manufactures polyester chips, polyester filaments, engineering plastic, engineering resin, ethylene glycol, polyester staple fiber and petrochemical. It also engaged in knitting, weaving and textile manufacturing, as well as fishing net yarn manufacturing. The ethylene glycol plants produce one main product, mono-ethylene glycol (MEG), and two by-products, di-ethylene glycol (DEG) and tri-ethylene glycol (TEG). The Company marketed its products domestically and internationally, including Asia, the United States, Europe, Australia and Africa. It subsidiaries include PT Filamendo Sakti, PT Sentra Sintetikajaya and GTPI Netherlands B.V.


Analyst recommendations

Date

Price

Recommendation

% Change

25-Mar-11

188

BUY