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UOB Kay Hian Sekuritas Release: Friday, 21 September 2018 The continuously strong same-store sales growth has persisted from 2017 until Aug 18. The introduction of new line of merchandises is bearing fruit. ACES should be able to comfortably pass on the rupiah depreciation as seen in its stable margins achieved. The high inventory days could ..

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CIMB Securities Indonesia ACES’ ongoing SSSG upcycle is similar to that of 2010 – 12, driven by demand for lifestyle items, volume – driven sales (instead of ASP) and new customers. Current upcycle is different in that ACES focuses on smaller outlets and lower SKUs. With ACE Express, we estimate ACES to have 200 stores by FY20F. In ..

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Matthew Wibowo/Riset Mandiri Sekuritas PT Ace Hardware Tbk: Monthly Data Nov15 (ACES, Rp499, Neutral, TP Rp600). Bulan lalu adalah bulan kelima berturut-turut ACES memiliki same store sales growth (SSSG) yang positif. SSSG Nov15 sebesar 2,9% sedangkan SSSG YTD -0,1%. Patut dicatat pada Oktober, ACES memiliki perayaan ulang tahun ke-20 yang dibarengi promosi agresif dan juga ..

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ACES : Aberdeen Asset Management Asia Limited now hold a total of 1,079,897,700 shares in PT ACE HARDWARE INDONESIA Tbk. across a mandates, equivalent to 6.2967% of the company’s issued shares. This follows a sale of 5,342,100 shares on November 19, 2015.   AKRA : Aberdeen Asset Management Asia Limited now hold a total of ..

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