Patricia GABRIELA UNVR’s share price has declined over the past 2 weeks as the talks of a change in LQ45 and IDX30 to free float adjusted weightings materialised.Based on IDX’s assessment, UNVR’s weighting in LQ45 could drop from 7.6%...
Danareksa Equity Snapshot - ISAT, 26 November 2018 By Niko Margaronis Further to the preliminary results, Indosat’s final 3Q18 results reveal that revenues are up 6% qoq driven by data services (+10%qoq on...
Danareksa Equity Snapshot - UNTR, 26 November 2018 Stefanus Darmagiri United Tractors (UNTR) reported impressive Komatsu sales volume of 500 units (+8.7% mom, +59.2% yoy) in Oct 2018, a record high...
Danareksa Equity Snapshot - INDF, 26 November 2018 November 27, 2018 10:58 WIB | Indofood Sukses Makmur(INDF IJ) Natalia Sutanto INDF is a good-value proxy to ICBP, as the latter makes a significant contribution to the...
Danareksa Equity Snapshot - Cement Sector (NEUTRAL) The price war looks to be over – for now | November 23, 2018 10:10 Maria Renata We believe that SMGR’s acquisition of Holcim Indonesia will create market consolidation which,...
Adrianus Bias Prasuryo, Analyst PT UOB Kay Hian Sekuritas 9M18 results were weak as revenue fell 9.3% qoq in 3Q18 amid a record-low orderbook burn rate while 9M18 earnings fell 11.6% yoy on higher interest costs and opex. PTPP’s de-leveraging process will be longer than its peers’ as most of...
Pandu Anugrah Head of Research PT BCA Sekuritas 1.High volatility environment likely to persist Going into 2019, we expect high global volatility environment to persist, most apparently in 1H19, with impact from currency weakening, changes in global monetary spigots, and trade war likely to impair market sentiment. This, however, begs the...
Danareksa Equity Snapshot - 22 November 2018 November 22, 2018 09:48 WIB  | KINO IJ.IDR 2,560. BUY.TP IDR 2,800  Natalia Sutanto | KINO reported strong volume growth in 9M18 for its major...
Cigarette Sector Update - Neutral (Upgrade) Akhmad Nurcahyadi  Senior Research Analyst PT Samuel Sekuritas Indonesia |  November 21, 2018 - Pasca berita batalnya kenaikan cukai, kami kembali melakukan revaluation dengan menyesuaikan beberapa asumsi dan menghasilkan TP yang lebih tinggi. Rekomendasi sektor kami...
Gudang Garam (GGRM) - BUY (Maintain) Price: Rp78,200 - Target Price: Rp87,700 Akhmad Nurcahyadi Senior Research Analyst PT Samuel Sekuritas Indonesia|  Laba bersih yang masih bertumbuh YTD18 ditengah kontinuitas tekanan sektor, kami lihat akan kembali berlanjut hingga 19F, didorong...