Shares of Express Transindo (TAXI), the second largest taxi operator in Indonesia, dropped further by 10% to its new low this morning. At the current price, Express Taxi is valued only 0.2 x equity and almost 1/100 of market leader Blue Bird (BIRD). TAXI, however, is only one of shares controlled by Rajawali Group (Peter Sondakh) suffering from negative sentiments of market players. To subscribe please click here