COVID-19 wreaks all sectors, but we pencil in GGRM to be capable of posting positive performance during 1Q20 and stable cigarette consumption amid the soft consumption. Thus, NHKSI recommends GGRM as this week’s preferred stock estimated to reach the price target of IDR61,800 based on a 15.3x P/E trailing band.
Weekly’s Top Stock Pick: GGRM
Support : 42,050
Resistance : 52,000
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