Weekly Commentary :

Date

Recommendation

Candlestick

30-Apr-12

BUY

Bullish Piercing Line Pattern

07-May-12

SELL

X False Signal

14-May-12




ADARO ENERGY TBK ( ADRO.JK )

PT Adaro Energy Tbk is an Indonesia-based integrated coal mining company. The Company, through its subsidiaries, is engaged in coal mining and trading and other related services, such as coal infrastructure and logistics. The Company’s subsidiaries include PT Alam Tri Abadi, PT Saptaindra Sejati, PT Adaro Indonesia, PT Dianlia Setyamukti, PT Indonesia Bulk Terminal, PT Satya Mandiri Persada, Coaltrade Services International Pte Ltd, PT Sarana Daya Mandiri and Orchard Maritime Logistics Pte Ltd.
Company Address
Floor 23, Menara Karya
HR Rasuna Said Rd, Block X-5
Lot 1-2
JAKARTA 12950
P: +6221.5211265
F: +6221.57944687





Analyst recommendations

Date

Price

Recommendation

% Change

30-Apr-12

1830

BUY

X False