JAYA TIASA HOLDINGS BHD Stock Code: 4383
Source: RHB Research – 5/1/16
JAYA TIASA HOLDINGS BERHAD
The Company is a fully-integrated timber producer in Malaysia with access to 1.76 million acres of timber concessions in the state of Sarawak Malaysia.The principal activities of the Company are investment holding provision of management services extraction and sale of logs manufacturing and sale of timber products reforestation and oil palm plantation.
Jaya Tiasa was testing the MYR1.39 resistance level in its latest session. Traders may buy if this level is breached in the near term, with a target price of MYR1.57. In the meantime, the stock may consolidate further if the MYR1.39 level cannot be breached. Support may be found at MYR1.27, where traders can exit upon a breach to avoid the risk of a further correction.
Source: RHB Research – 5/1/16
JAYA TIASA HOLDINGS BERHAD
The Company is a fully-integrated timber producer in Malaysia with access to 1.76 million acres of timber concessions in the state of Sarawak Malaysia.The principal activities of the Company are investment holding provision of management services extraction and sale of logs manufacturing and sale of timber products reforestation and oil palm plantation.
