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

 CLOSE 

Home   /   Latest Research

Default sorting Sort by Popularity Sort by Average rating Sort by Featured

• Sarana Menara Nusantara (TOWR IJ) (Buy) - FY25 results better than expected

  EW

  TOWR posted FY25 revenues of IDR13.3tn (+4.6% y-y; 103% of our forecast)...

  TELECOMS Sarana Menara Nusantara TOWR TOWR JK TOWR IJ Erwin Wijaya

  4 months ago

• Indonesia Banks - Feb-26 results summary

  EW

  Indonesia’s major banks — BBCA IJ, BRIS IJ, BMRI IJ, BBNI IJ and BBRI IJ...

  BANKS Indonesia Banks Erwin Wijaya

  4 months ago

• Bank Jago (ARTO IJ) (Neutral) - Post-FY25 adjustments; reduce TP to IDR1,600

  EW

  Bank Jago (ARTO) released its FY25 results, which were...

  BANKS Bank Jago ARTO ARTO JK ARTO IJ Erwin Wijaya

  5 months ago

• Panin Bank (PNBN IJ) (Neutral) - Post FY25 adjustments; reduce TP to IDR1,130

  EW

  We expect the Indonesia banking sector to continue...

  BANKS Panin Bank PNBN PNBN JK PNBN IJ Erwin Wijaya

  5 months ago

• Bank BTPN Syariah (BTPS IJ) (Neutral) - Post FY25 adjustments; maintain TP at IDR1,100

  EW

  BTPS released its FY25 results, which were...

  BANKS Bank BTPN Syariah BTPS BTPS JK BTPS IJ Erwin Wijaya

  5 months ago

• Bank Danamon Indonesia (BDMN IJ) (Neutral) - Post FY25 adjustments; reduced TP to IDR2,590

  EW

  We expect the Indonesia banking sector to continue...

  BANKS Bank Danamon Indonesia BDMN BDMN JK BDMN IJ Erwin Wijaya

  5 months ago

• Bank Central Asia (BBCA IJ) (Buy) - Doubles down on shareholder returns

  EW

  BBCA’s 2026 AGMS (annual general meeting of shareholders)...

  BANKS Bank Central Asia BBCA BBCA JK BBCA IJ Erwin Wijaya

  5 months ago

• Bank CIMB Niaga (BNGA IJ) (Neutral) - Improving performance; new TP of IDR2,000

  EW

  Bank CIMB Niaga has a notable position in Indonesia’s SME...

  BANKS Bank CIMB Niaga BNGA BNGA JK BNGA IJ Erwin Wijaya

  5 months ago

• Indonesia Telecoms - Constitutional Court’s decision on prepaid data rollover

  EW

  We believe the recent decision by the Mahkamah Konstitusi...

  TELECOMS Indonesia Telecoms Erwin Wijaya

  5 months ago

• Indonesia Banks - Jan-26 results summary: improved performance

  EW

  Indonesia’s major banks — BBCA IJ, BRIS IJ, BMRI IJ, BBNI IJ and BBRI IJ...

  BANKS Indonesia Banks Erwin Wijaya

  5 months ago

• Bank Syariah Indonesia (BRIS IJ) (Buy) - Jan-26 results: good start

  EW

  BRIS is off to a solid start in 2026. The bank delivered...

  BANKS Bank Syariah Indonesia BRIS BRIS JK BRIS IJ Erwin Wijaya

  5 months ago

• Bank Rakyat Indonesia (BBRI IJ) (Buy) - Jan-26 results: solid start

  EW

  BBRI kicked off 2026 with solid bank-only Jan-26 results...

  BANKS Bank Rakyat Indonesia BBRI BBRI JK BBRI IJ Erwin Wijaya

  5 months ago

• Bank Rakyat Indonesia (BBRI IJ) (Buy) - FY25 results inline

  EW

  BBRI delivered FY25 results, broadly in line with...

  BANKS Bank Rakyat Indonesia BBRI BBRI JK BBRI IJ Erwin Wijaya

  5 months ago

• Bank Mandiri (BMRI IJ) (Buy) - Jan-26 results: decent start

  EW

  BANKS Bank Mandiri BMRI BMRI JK BMRI IJ Erwin Wijaya

  5 months ago

• Indonesia Telecoms - Prepaid data rollover: bellwether for renewed ARPU pressure

  EW

  We believe a confluence of consumer advocacy and emerging regulatory...

  TELECOMS Indonesia Telecoms Erwin Wijaya

  5 months ago