Wolf Money(Jardine C&C)correction
(Image credit: Jardine C&C) After my holiday, the first agenda is a test purchase on Jardine C&C. The stock is under a lot of pressure due to economic situation in Indonesia. The competition by Chinese EV in Indo market and the removal of the company from the STI index last year also adds pressure to the share. During the month, the stock was down 16%. The confluence of factors caused substantial weakness in the stock price. The company is trading at less than 8x p/e with a dividend yield of 5.2%. I am taking a small interest to keep myself interested. No crazy money involved. More detail at the end of the month update. God Bless. Please consider following us on telegram for the latest update on Lone Wolf investor by clicking on the link below. No form filling, no payment required, no collection of data, no data mining, no hard selling, no obligation. https://t.me/joinchat/oCgkD3sQFRMzMWM1 Disclaimers All investments is highly speculative in nature and ...