Indonesia FMCG - 3Q26F preview: Defensive cash compounders
SH SC JW NYBased on our on-the-ground observations, we believe that...
CONSUMER RELATED Indonesia FMCG Sandy Ham Samuel Christian Jody Wijaya Nayla Yasmin
Based on our on-the-ground observations, we believe that...
CONSUMER RELATED Indonesia FMCG Sandy Ham Samuel Christian Jody Wijaya Nayla Yasmin
Under newly appointed CEO Irwan Hidayat...
FOOD AND BEVERAGE Industri Jamu Dan Farmasi Sido Muncul SIDO SIDO JK SIDO IJ Sandy Ham Samuel Christian Jody Wijaya Nayla Yasmin
3Q has historically been a soft quarter for retailers...
RETAIL Indonesia Retailers Jody Wijaya Sandy Ham Nayla Yasmin Samuel Christian
For the background, the Indonesia government...
AGRI-RELATED Indonesia CPO Sandy Ham Samuel Christian Jody Wijaya Nayla Yasmin
ULTJ announced that it will acquire...
FOOD AND BEVERAGE Ultrajaya Milk Industry and Trading ULTJ ULTJ JK ULTJ IJ Sandy Ham Samuel Christian Jody Wijaya Nayla Yasmin
In this report, we highlight the importance of...
AGRI-RELATED Indonesia CPO CPO Sandy Ham Samuel Christian Jody Wijaya Nayla Yasmin
The market size for UHT milk in Indonesia has...
FOOD AND BEVERAGE Ultrajaya Milk Industry And Trading ULTJ ULTJ JK ULTJ IJ Sandy Ham Samuel Christian Jody Wijaya Nayla Yasmin
Hartadinata operates an integrated mid-to-downstream...
RETAIL Hartadinata Abadi HRTA HRTA JK HRTA IJ Jody Wijaya Sandy Ham Nayla Yasmin Samuel Christian
Courtesy of the National Economic Council (NEC), we visited...
EQUITY STRATEGY Indonesia Equity Strategy Nayla Yasmin Gerald Hugo
We maintain our bullish forecasts on the CPO sector...
AGRI-RELATED Indonesia CPO Sandy Ham Samuel Christian Jody Wijaya Nayla Yasmin
The Indonesian Association of Retailers (APRINDO) recently highlighted...
RETAIL Indonesia Retailers Jody Wijaya Sandy Ham Nayla Yasmin Samuel Christian
The National Oceanic and Atmospheric Administration (NOAA) predicts...
FOOD AND BEVERAGE Indonesia FMCG Sandy Ham Samuel Christian Jody Wijaya Nayla Yasmin
Indonesia's listed retailers are arguably in their healthiest...
RETAIL Indonesia Retailers Jody Wijaya Sandy Ham Nayla Yasmin Samuel Christian
We conclude that overall, 2Q26 FMCG firms’...
CONSUMER RELATED Indonesia FMCG Sandy Ham Samuel Christian Jody Wijaya Nayla Yasmin
We expect Indofood CBP to record mid-teens revenue...
FOOD AND BEVERAGE Indofood CBP Sukses Makmur ICBP ICBP JK ICBP IJ Sandy Ham Samuel Christian Jody Wijaya Nayla Yasmin