JAKARTA. Jasa Utama Capital Sekuritas reminded that investors should be more careful about the shares of PT PP Properti (Persero) Tbk (PPRO), because they have been included in the third tier stocks that PT Asuransi Jiwasraya (Persero) invested in.
Chris Apriliony, Principal Services Analyst at Capital Sekuritas, said that PPRO's performance this year was not as good as last year. Last year, investors tended to wait and see. But this year, it may be difficult for PPRO shares to recover.
"Avoid PPRO shares, pay attention to issues related to Jiwasraya and Asabri," Apriliony was quoted as saying by Kontan on Tuesday (21/1) today.
For information, the price of PPRO shares in 2016 to 2017 reached its highest level, above Rp1,000 per share, but at the moment, the price is only at Rp 60 per share. (KR/AR)