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...
Danareksa Equity Snapshot - Telco price trends (OVERWEIGHT) November 21, 2018 10:32 WIB Niko Margaronis | We see the increase in TSEL’s July – August data prices as a much-needed quick fix applied nationwide, while in October TSEL fine-tuned its prices further. We do not expect much upside in...
Adrianus Bias WTON recorded strong 3Q18 results with earnings surging 42.8% yoy/16% qoq while revenue only grew by 5.6% yoy/7.7% qoq amid sustainable margin improvement. These resulted in 9M18 revenue growing by 20% yoy...
Aksi korporasi PT Lippo Cikarang Tbk mendekonsolidasi PT Mahkota Sentosa Utama (MSU), pengembang proyek mega properti Meikarta berbuah manis. Emiten berkode LPCK itu meraup laba bersih Rp2,90 triliun atau naik 593% pada kuartal III 2018 lalu. Namun, bagaimana masa depan Meikarta dan Lippo Karawaci setelah pelepasan itu itu? Sejumlah analis...
Stevanus Juanda, PT UOB Kay Hian Sekuritas | 3Q18: EBIT Up 24.2%, But Share Price Down Post Results; Upgrade To BUY 3Q18 net income came in at Rp1,263b, rising 31% yoy with EBIT rising 24% yoy. 9M18 results are above expectations. The positive results were achieved on the back of...