Indonesia Equity Strategy - Indonesia Flow Radar January 2025
NG DT JT GHIndonesia Flow Radar is a report series in which we track stock ownership
Equity Strategy Nicholas Goei David Tjahjadi Jupriadi Tan Gerald Hugo
Indonesia Flow Radar is a report series in which we track stock ownership
Equity Strategy Nicholas Goei David Tjahjadi Jupriadi Tan Gerald Hugo
Our proprietary Verdhana Macro-Micro Index (VMMI, see previous reports here and here)
We maintain a neutral outlook for the auto sector. FY24 sales reached the lowest level since 2011
Conglomerates play a crucial role in nation-building. In this report, we analyze the businesses, profitability
We reduce FY24F/25F/26F earnings estimates by 20%/12%/5.1% as JIIPE (Java Integrated Industrial and Port Estat
POWER UTILITIES AKRA AKRA JK AKRA IJ Jupriadi Tan David Tjahjadi Gerald Hugo
We cut our FY24F/25F/26F earnings estimates for DRMA by 6.5%/9.0%/9.3% on likely subdued 4W wholesales in 2024
AUTOS AUTO PARTS DRMA DRMA JK DRMA IJ Jupriadi Tan David Tjahjadi Gerald Hugo
We believe Indonesia’s logistics market is a potentially lucrative segment that is still underpenetrated.
Transport Logistics FMCG Jupriadi Tan David Tjahjadi Gerald Hugo