Verdhana Research
  • Home
  • VAC
  • VMC
  • About Us
    • Our Team
    • Equity Coverage
  • Coverage
    • Commodities and Energy
    • Consumers
    • Financials
    • Healthcare
    • Macro and Strategy
    • Media
    • Other Industies
    • Property
    • Retail
    • Telco
  • Quick Links
    • Verdhana Website
    • Verdhana Event
    • Verdhana social Media
  • Contact Us
  • Disclaimer
  • Sign up
  • Login
  • English

BEWARE OF FRAUDULENT SCHEMES CLAIMING TO REPRESENT PT VERDHANA SEKURITAS INDONESIA

  • Please be cautious of any fraudulent schemes conducted by parties claiming to represent PT Verdhana Sekuritas Indonesia. These scams often use the name, logo, and identity of PT Verdhana Sekuritas Indonesia to pose as official company representatives.
  • Identified scam methods include investment fraud, job offers, task assignments, or other programs that appear to offer monetary rewards or commissions. Please remain vigilant against other forms of fraud as well.
  • These scams may be carried out through various media channels, including:
    1. Fake websites;
    2. Messaging apps such as WhatsApp, Telegram, SMS, etc.;
    3. Fake emails and letters;
    4. Fraudulent phone calls. 
  • PT Verdhana Sekuritas Indonesia operates solely as a Securities Broker-Dealer and Underwriter. We are not an investment manager or an institution that offers investment programs, job offers, commission-based tasks, or other financial schemes directly to the public via social media, private messages, phone calls, or unofficial individual agents. We do not appoint any individual or third party to collect funds from the public. 
  • We never request the public, prospective clients, or our clients to (1) conduct cash transactions or (2) transfer funds to any personal account of individuals claiming to be employees or representatives of PT Verdhana Sekuritas Indonesia.
  • Official information from PT Verdhana Sekuritas Indonesia is communicated only through our official channels:
    Website: www.verdhana.id and www.verdhanaresearch.com 
    Email: info@verdhana.id
    Phone: (021) 5098 5799
    Address: Deutsche Bank Building, 18th Floor, Jl. Imam Bonjol No. 80, Jakarta 10310 
  • If you receive any suspicious messages, offers, or solicitations conducted by parties claiming to represent PT Verdhana Sekuritas Indonesia, please do not respond and report them immediately to us via email at info@verdhana.id.
    This announcement is hereby conveyed. Thank you for your attention and for placing your trust in PT Verdhana Sekuritas Indonesia.
    Sincerely,

    PT Verdhana Sekuritas Indonesia

Home   /   Latest Research
  • Aspirasi Hidup Indonesia (ACES IJ) (Buy) - Positive on ex-Java expansion

    JW SH SC

    While top-line weakness was anticipated due to...

    CONSUMER RELATED ACES ACES JK ACES IJ Jody Wijaya Sandy Ham Samuel Christian

    1 year ago
  • Sumber Alfaria Trijaya (AMRT IJ) (Buy) - Promising start to the year

    JW SH SC

    AMRT started the year with a solid set of results...

    CONSUMER RELATED AMRT AMRT JK AMRT IJ Jody Wijaya Sandy Ham Samuel Christian

    1 year ago
  • Mayora Indah (MYOR IJ) (Buy) - Sales beating the high base

    SH JW SC

    Our industry survey indicated that MYOR’s 1Q25F...

    CONSUMER RELATED MYOR MYOR JK MYOR IJ Sandy Ham Jody Wijaya Samuel Christian

    1 year ago
  • Cisarua Mountain Dairy (CMRY IJ) (Buy) - Kanzler sales at all-time high

    SH JW SC

    CMRY’s 1Q25 earnings result was in line...

    GENERAL CONSUMER CMRY CMRY JK CMRY IJ Sandy Ham Jody Wijaya Samuel Christian

    1 year ago
  • Unilever Indonesia (UNVR IJ) (Reduce) - Fundamental issue remains

    SH JW SC

    UNVR’s 1Q25 result was in line with our estimate...

    GENERAL CONSUMER UNVR UNVR JK UNVR IJ Sandy Ham Jody Wijaya Samuel Christian

    1 year ago
  • Indonesia FMCG - 1Q25F preview: growing despite challenges

    SH JW SC

    We estimate that the FMCG firms under our...

    GENERAL CONSUMER Sandy Ham Jody Wijaya Samuel Christian

    1 year ago
  • Indonesia FMCG - 4Q24 results review and 2M25 run rate estimate

    SH JW SC

    Overall, FMCG firms’ 4Q24 earnings were mostly in line with market expectations.

    GENERAL CONSUMER Sandy Ham Jody Wijaya Samuel Christian

    1 year ago
  • Sumber Alfaria Trijaya (AMRT IJ) (Buy) - Resetting expectations

    JW SH SC

    AMRT’s sales growth in 2024 remained solid at +10% y-y,

    CONSUMER RELATED AMRT AMRT JK AMRT IJ Jody Wijaya Sandy Ham Samuel Christian

    1 year ago
  • Kalbe Farma (KLBF IJ) (Buy) - Repositioning, revamping, and reallocating

    SH JW SC

    We estimate KLBF to record a sales CAGR of +7.5% (2018-2024F),

    GENERAL CONSUMER KLBF KLBF JK KLBF IJ Sandy Ham Jody Wijaya Samuel Christian

    1 year ago
  • Indonesia Retailers - Cultural exports as a form of influence

    JW SH SC

    For decades, East Asian popular culture, including K-pop, K-dramas, and anime, has thrived domestically.

    GENERAL CONSUMER Jody Wijaya Sandy Ham Samuel Christian

    1 year ago
  • Indonesia Consumer - Indonesia grocery's growth engine

    SH JW SC

    We have observed strong FMCG sales value growth in rural areas,

    GENERAL CONSUMER Sandy Ham Jody Wijaya Samuel Christian

    1 year ago
  • Indonesia Retail - Mini-market retailers’ SSSG remains strong

    JW SH SC

    Based on our conversations with investors, many are concerned about the overall Indonesia consumer demand outl

    RETAIL Jody Wijaya Sandy Ham Samuel Christian

    1 year ago
  • Cisarua Mountain Dairy (CMRY IJ) (Buy) - A standout in consistency and growth

    SH JW SC

    CMRY booked a +25% NPAT CAGR over the 2021-2024 period,

    GENERAL CONSUMER Sandy Ham Jody Wijaya Samuel Christian

    1 year ago
  • Mayora Indah (MYOR IJ) (Buy) - All-time high sales + market share

    SH JW SC

    We believe the middle-income class continues to prefer value-for-money FMCG products,

    CONSUMER RELATED Sandy Ham Jody Wijaya Samuel Christian

    1 year ago
  • Bank CIMB Niaga (BNGA IJ) (Neutral) - Improving performance; new TP of IDR1,850

    EW

    Bank CIMB (BNGA) has a notable position in Indonesia’s SME and consumer businesses,

    BANKS BNGA BNGA JK BNGA IJ Erwin Wijaya

    1 year ago

Showing 15 of 64 results

  • ←
  • 1
  • 2
  • 3
  • 4
  • 5
  • →

Site Languages

  • English
Disclaimer
Facebook
Twitter
Instagram
Google
Website

© Copyright 2026 Verdhana Research. All Rights Reserved.

  • Home
  • VAC
  • VMC
  • About Us
    • Our Team
    • Equity Coverage
  • Coverage
    • Commodities and Energy
    • Consumers
    • Financials
    • Healthcare
    • Macro and Strategy
    • Media
    • Other Industies
    • Property
    • Retail
    • Telco
  • Quick Links
    • Verdhana Website
    • Verdhana Event
    • Verdhana social Media
  • Contact Us
  • Disclaimer