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. 

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