Jardine Cycle traded at 32.88 this Friday May 15th, decreasing 0.02 or 0.06 percent since the previous trading session. Looking back, over the last four weeks, Jardine Cycle lost 2.43 percent. Over the last 12 months, its price rose by 26.95 percent. Looking ahead, we forecast Jardine Cycle to be priced at 32.35 by the end of this quarter and at 30.81 in one year, according to Trading Economics global macro models projections and analysts expectations.
Jardine Cycle & Carriage Limited is an investment holding company. The Company is focused on investing in businesses based on the themes of urbanization and the consumer class. The Company has interest in Astra, a diversified group in Indonesia, which is also the automotive group in Southeast Asia. It also has interests in Vietnam through Truong Hai Auto Corporation, Refrigeration Electrical Engineering Corporation and Vinamilk, as well as Siam City Cement Public Company, which operates in South Vietnam, Thailand, Sri Lanka, Cambodia and Bangladesh. The other investments in the Company’s portfolio are the Cycle & Carriage businesses in Singapore, Malaysia and Myanmar, and Tunas Ridean in Indonesia. Its motor businesses are managed by Jardine International Motors.