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Thursday, March 8, 2018

Jardine C&C

Suffered 25% decline in attributable profit in 2017, its direct motor business faced stiff competition and margins remain under pressure due to fierce competition. A break below 36.00 could bring it to 34.80 and 33.80 in the short term. If its fundamentals deteriorate further, it could go as low as 29.00. 

All posts and charts are for educational and illustration purposes only

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