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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
  • Bank Mandiri (BMRI IJ) (Buy) - Bank Syariah Indonesia’s deconsolidation

    EW

    Currently the government of Indonesia holds one golden share of Bank Syariah Indonesia...

    BANKS Bank Mandiri BMRI BMRI JK BMRI IJ Erwin Wijaya

    3 months ago
  • Telekomunikasi Indonesia Persero (TLKM IJ) (Buy) - Elevated payout can be afforded

    EW

    We recently had a discussion with Telkom management. Among the key...

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    3 months ago
  • AKR Corporindo (AKRA IJ) (Buy) - Earnings quadrupled yet share price lagged

    JT DT GH

    We estimate AKRA’s 2025F earnings will expand structurally from...

    POWER AND UTILITIES AKR Corporindo AKRA AKRA JK AKRA IJ Jupriadi Tan David Tjahjadi Gerald Hugo

    3 months ago
  • Bank Central Asia (BBCA IJ) (Buy) - Resilient YTD Oct-2025 results

    EW

    BBCA has released its bank-only Oct-2025 results. Overall,...

    BANKS Bank Central Asia BBCA BBCA JK BBCA IJ Erwin Wijaya

    3 months ago
  • Indonesia Telecom - Path to (better) profitability

    EW

    We believe that market repair efforts have been...

    TELECOMS Indonesia Telecom Erwin Wijaya

    3 months ago
  • XLSMART Telecom (EXCL IJ) (Neutral) - Laying groundwork

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    XLSmart’s recently released 9M25 earnings have shown large losses...

    TELECOMS EXCL EXCL JK EXCL IJ Erwin Wijaya

    3 months ago
  • Astra Otoparts (AUTO IJ) (Buy) - Jack of all trades

    JT DT GH

    We revise up AUTO’s earnings by 7%/10%/8% for FY25F/Fy6F27F.

    AUTOS AND AUTO PARTS Astra Otoparts AUTO AUTO JK AUTO IJ Jupriadi Tan David Tjahjadi Gerald Hugo

    3 months ago
  • XLSMART Telecom (EXCL IJ) (Buy) - 9M25 results still pending merger synergies

    EW

    XLSmart’s 9M25 results came below our projections. However,

    TELECOMS XLSMART Telecom EXCL EXCL JK EXCL IJ Erwin Wijaya

    3 months ago
  • Aneka Tambang (ANTM IJ) (Buy) - Strong nickel ore biz; on track to meet consensus EPS

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    Despite the decline in gold and nickel ore volumes, ANTM’s overall...

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    3 months ago
  • Daya Intiguna Yasa (MDIY IJ) (Buy) - Unlocking the archipelago

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    Our analysis suggests that only a few retailers have...

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    3 months ago
  • Adi Sarana Armada (ASSA IJ) (Buy) - Heading into a growth phase

    JT DT GH

    We increase our 2025/26F earnings estimates by...

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    3 months ago
  • Sumber Alfaria Trijaya (AMRT IJ) (Buy) - Downtrading wave strengthens

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    Indonesia’s mini-market y-y sales growth came in...

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    3 months ago
  • Property & Building Materials - 3Q25 results recap: mixed performance

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    We review 3Q25 results across our coverage in the property, industrial estate...

    PROPERTY Property And Building Materials Gerald Hugo Felix Justin

    3 months ago
  • Trimegah Bangun Persada (NCKL IJ) (Buy) - Strong performance continues

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    NCKL’s 3Q25 revenue and earnings came in...

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  • Indonesia Banks - YTD Sep-25 results summary

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

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    3 months ago

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