Significant progress for multi-year growth
MW NSENRG delivered solid exploration and production results...
COMMODITY Energi Mega Persada ENRG ENRG JK ENRG IJ Michael Wildon Nizam Syafik
ENRG delivered solid exploration and production results...
COMMODITY Energi Mega Persada ENRG ENRG JK ENRG IJ Michael Wildon Nizam Syafik
The construction of EMAS’ heap-leach operation...
METALS AND MINING Merdeka Gold Resources EMAS EMAS JK EMAS IJ Michael Wildon Ng Nizam M Syafik
As of late January 2026, Newcastle coal price...
The MSCI Indonesia Index has declined by 20% since September 2024...
EQUITY STRATEGY Indonesia Equity Strategy Jupriadi Tan Gerald Hugo Sandy Ham Jody Wijaya Michael Wildon Erwin Wijaya Samuel Christian David Tjahjadi Felix Justin Nayla Yasmin
Despite the decline in gold and nickel ore volumes, ANTM’s overall...
METALS AND MINING Aneka Tambang ANTM JK ANTM IJ Michael Wildon
NCKL’s 3Q25 revenue and earnings came in...
METALS AND MINING Trimegah Bangun Persada NCKL NCKL JK NCKL IJ Michael Wildon
Indonesia’s ceramic industry is showing...
CONSTRUCTION MATERIALS Arwana Citramulia ARNA ARNA JK ARNA IJ Gerald Hugo Felix Justin Michael Wildon
INCO booked a positive earnings momentum in 3Q25...
METALS AND MINING Vale Indonesia INCO INCO JK INCO IJ Michael Wildon Ng
ALII is engaged in the coal transportation business and...
COAL Ancara Logistics Indonesia ALII ALII JK ALII IJ Michael Wildon
Indonesia gold miners poised for rerating...
ENRG operates a diversified portfolio of...
COMMODITY Energi Mega Persada ENRG ENRG JK ENRG IJ Michael Wildon
ANTM delivered an impressive set of 2Q25 results, above our/consensus forecasts...
METALS AND MINING Aneka Tambang ANTM ANTM JK ANTM IJ Michael Wildon Ng
In this note we provide a detailed breakdown of each of UNTR’s segments...
ENGINEERING AND CONSTRUCTION United Tractors UNTR UNTR JK UNTR IJ Michael Wildon Ng
MEDC posted 2Q25 revenue of USD554mn (-1% q-q, -5% y-y), with...
OIL AND GAS CHEMICALS ASIA Medco Energi Internasional MEDC MEDC JK MEDC IJ Michael Wildon Ng
Bumi Resources Minerals (BRMS) provides exposure to four gold projects...