Weekly Commentary :

Date

Recommendation

Candlestick

5-Aug-11

SELL

Long Black Candlestick

29-Jul-11

SELL - IF

Bearish Harami

22-Jul-11

HOLD

White Opening Marubozu

PT Nippon Indosari Corpindo Tbk ( ROTI.JK )

ABOUT
PT Nippon Indosari Corpindo Tbk is an Indonesia-based company engaged in the production of bread. The Company is marketing its products under the brand names Sari Roti, Boti and Sari
Cake. The company has seven kinds of Sari Roti bread and 22 varieties of sweet bread. Its Sari Cake products are Chiffon Pandan, Chocolate Cup Cake and Pandan Cup Cake. The Company distributes its products in hypermakert, supermarket, minimarket and through traditional network in Jabodetabek, West Java, Yogyakarta, East Java, Lampung and Bali, Indonesia. The Company’s two factories are located in Cikarang and East Java, Indonesia.



Analyst recommendations:

Date

Price

Recommendation

% Change

01-Jul-11

2.700

BUY