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 Astra International Tbk
( ASII.JK )

ABOUT
PT Astra International Tbk is an Indonesia-based automotive manufacturer. It comprises five
business divisions: Automotive, Financial Services, Heavy Equipment and Mining, Agribusiness, and Information Technology (IT). The Company is engaged in an integrated automotive business with operations ranging from automotive and component manufacturing, distribution and after sales services throughout Indonesia, car rental, used car sales, consumer finance for automotive products, insurance and infrastructure. It has partnerships with several automotive entities, such as Toyota, Honda, Daihatsu, Isuzu, BMW, Peugeot, Lexus and Nissan Diesel.

Analyst recommendations:

Date

Price

Recommendation

% Change

24-Jun-11

58.300

BUY