Fren

Updated
Go to the moon

Because Corporate Action ( Right Issue )
1 Right get 13 Warrent 5 years

One week before the HAMET they Excercise OWK and make it more interesting

Net profit will up next year
because they will pay the liabilities so at the end will decrease interest

when i saw from the financial statement i look that
the opration already profit but they looks loss just because their accounting
revenue around 9T and than depreciation around 4T thats why Fren looks unprofit

From the tecnical using a few method seen goes up from monthly weekly and daily

Monthly
There looks false break pattern from 2 month before
Stocastic over sold & already golden Cross

Weekly already make ABCD pattern, H&S And break the trendline

Goodluck Every One
Note
Revisi for Right issue and warrent
base on idx.co.id/StaticData/NewsAndAnnouncement/ANNOUNCEMENTSTOCK/From_EREP/202104/8652fb4565_20a88d2075.pdf
Before
Every 31 sheet will get 1 right, every 5 right will get 65 warrent

After Coversion MBS or OWK in bahasa
Every 52 sheet will get 1 right, every 5 right will get 79 warrent
Trade closed: target reached
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