Danareksa Equity Snapshot | Natalia Sutanto Wemaintain our BUY recommendation on GGRM with a higher TP following the strongvolume growth in 9M18. With more growth expected in 2019 on the back ofgovernment plans to maintain cigarette excise tariffs, we...
Core Retail Sales m/m= 0.4%, Prediksi 0.3%, Sebelumnya 0.2% PPI m/m= 0.3%, Prediksi 0.0%, Sebelumnya -0.4%. Retail Sales m/m = 0.2%, Prediksi 0.2%, Sebelumnya 0.1%. Core PPI m/m= 0.3%, Prediksi 0.2%, Sebelumnya -0.3%.
Fitch Ratings-Jakarta-10 December 2018: Indonesian mini-market operator PT Sumber Alfaria Trijaya Tbk (Alfamart; AA-(idn)/Stable) is likely to continue to make inroads in the Philippines as the two markets have similar features, the mini-market sector is less mature and the company has a strong partner, Fitch Ratings says. Alfamart plans to...
Stability Over Growth FY19F JCI target: 6,560 (5.9% upside) We set our JCI target for 2019F at 6,560, derived from 9.3% FY19F EPS growth and 16.1x FY19F PE (5-year mean). Our FY19F JCI target implies a 5.9% upside from closing level...
Danareksa Equity Snapshot - SIDO, 13 Desember 2018 Natalia Sutanto Sido Muncul is on track to book solid earnings growth in FY18-20F given: (1) additional production capacity and (2) the full commercialization of its expanded extraction plant which will support higher margins. The plan to improve distribution and penetrate export markets...
Danareksa Equity Snapshot - December 17, 2018 Stefanus Darmagiri Gaikindo reported domestic car sales of 100,739 units in November 2018 (-5.0% mom, but +4.7% yoy). Thanks to the launch of new models and solid commodity prices,...
Danareksa Equity Snapshot - BJTM, 13 Desember 2018 Eka Savitri We maintain our BUY call on BJTM with a higher GGM-derived TP of IDR850 (implying 1.4x 2019F P/BV) as we roll over the valuation to next year. We like the bank for its strong foothold in East Java’s civil servants salary-basedlending...
Indeks Harga Saham Gabungan (IHSG) ditutup terkoreksi signifikan di sesi pre-closing hari ini. Indeks turun sebesar -114 poin (-2,5%) ke 4.446 setelah bergerak di antara 4.446-4.535. Sebanyak 84 saham naik, 177 saham turun, 69 saham tidak bergerak, dan 230 saham tidak ditransaksikan. Hari ini, investor membukukan transaksi sebesar Rp10,45 triliun,...
Jovent GIOVANNY, Timothy HANDERSON and Leonardo TUKIMAN We hosted a two-day NDR for BBCA last week where it guided a mild loan growth target (c.9%) but higher NIM in 2019 amid expectation of higher rate. While...
Rupiah Menguat karena Perbaikan Situasi Dagang, Dolar Melemah Oleh Lukman Otunuga, Research Analyst FXTM Kelegaan terasa di berbagai pasar finansial karena berita terkini bahwa Amerika Serikat mengajukan negosiasi dagang baru dengan China. Berita ini berdekatan dengan sorotan bahwa Amerika Serikat dan Kanada semakin mendekati kesepakatan dagang, yang membuat Dolar melemah terhadap...