Wednesday, August 12, 2015

Jakarta -20% from the top 8-13-2015


















Jakarta is now -20% from the top. P/E is very high at 24x, aside from the reason that earnings is weakening, there is a probability that Asia could be weakening as a whole, especially Thailand -15%. My concern is that PSEi is only -7.5% from the top and at 20.5x PE.

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