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PTBA breakout

Bukit Asam’s 9M Net Income Rises 49.7% Y/y to 3.93T Rupiah
2018-11-13 04:11:37.186 GMT

By Tassia Sipahutar

(Bloomberg) -- Net income rose from 2.63t rupiah from a
year ago, co. says in stock exchange filing.
* Revenue +20.7% Y/y to 16.04t rupiah
* Sales volume +7.8% Y/y to 18.58 tons
* Production volume +16.4% Y/y yo 19.68 tons

PTBA breakout

PTBA secara teknikal keluar dari area downtrend (minor) setelah menembus level 4460. PTBA potensi melanjutkan penguatan ke level resisten 4790-4940. Risk level saham PTBA 4300. 
Katalis positif kinera Q3 PTBA mampu membukukan laba bersih sebesar 3.93 T atau naik 49.7% dan revenue naik +20.7%.

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