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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
  • XLSMART Telecom (EXCL IJ) (Neutral) - 1Q26 results in line

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    EXCL’s 1Q26 results were broadly in line with our expectations...

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    3 months ago
  • Indosat (ISAT IJ) (Buy) - 1Q26 results in line

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    ISAT’s 1Q26 results came in in line with our projections...

    TELECOMS Indosat ISAT ISAT JK ISAT IJ Erwin Wijaya

    3 months ago
  • Indonesia telecom - Another round of spectrum auctions – 700Mhz and 2.6GHz

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    Indonesia’s Ministry of Communication and Digital (Komdigi) has...

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    3 months ago
  • Mitratel (MTEL IJ) (Buy) - FY25 results largely in-line

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    MTEL has released its FY25 results, which were largely...

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    4 months ago
  • Telekomunikasi Indonesia Persero (TLKM IJ) (Buy) - Lowering earnings estimates by ~3-15%

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    We lower FY25-27F EPS by ~3-15% to incorporate...

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    4 months ago
  • Tower Bersama Infrastructure (TBIG IJ) (Neutral) - FY25 results in-line

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    TBIG delivered a steady FY25 with revenue of...

    TELECOMS Tower Bersama Infrastructure TBIG TBIG JK TBIG IJ Erwin Wijaya

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

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    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 Telecoms - Constitutional Court’s decision on prepaid data rollover

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

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

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

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  • XLSMART Telecom (EXCL IJ) (Neutral) - Soft FY25 results

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    XLSmart’s (EXCL) FY25 results came in below our expectations...

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    6 months ago
  • Indosat (ISAT IJ) (Buy) - Earnings update; TP remains IDR3,300

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    Following Indosat’s (ISAT) strong FY25 results, we revise...

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    6 months ago
  • Indosat (ISAT IJ) (Buy) - FY25 results – Better than expected

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    ISAT’s FY25 results came in ahead of Bloomberg...

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    6 months ago
  • Telekomunikasi Indonesia Persero (TLKM IJ) (Buy) - Cushion with growth and elevated dividend

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    We reiterate our Buy recommendation on...

    TELECOMS Telekomunikasi Indonesia Persero TLKM TLKM JK TLKM IJ Erwin Wijaya

    6 months ago
  • Indonesia Telecoms - Boost for greater market repair

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    A key success factor for market repair is...

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    6 months ago
  • Indonesia Telecom and Tower - Sector outlook 2026F

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    2025 remained a challenging year for Indonesia’s...

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    7 months ago

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