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

• Indonesia Consumer - Acceleration of government’s free nutritious meal program

  SH SC JW

  We expect a jump in terms of the number of kitchens (SPPG) opening in Aug-25...

  CONSUMER RELATED Indonesia Consumer Sandy Ham Samuel Christian Jody Wijaya

  3 months ago

• Map Aktif Adiperkasa (MAPA IJ) (Buy) - Overseas drives margin afloat

  JW SH SC

  MAPA recorded its slowest 1H y-y sales growth on record, with 1H25...

  RETAIL Map Aktif Adiperkasa MAPA MAPA JK MAPA IJ Jody Wijaya Sandy Ham Samuel Christian

  3 months ago

• Midi Utama Indonesia (MIDI IJ) (Buy) - Turning the page from Lawson

  JW SH SC

  Following the Lawson (unlisted) divestment in mid-May 2025, MIDI no longer...

  RETAIL Midi Utama Indonesia MIDI MIDI JK MIDI IJ Jody Wijaya Sandy Ham Samuel Christian

  3 months ago

• Sumber Alfaria Trijaya (AMRT IJ) (Buy) - Quietly outperforming

  JW SH SC

  Alfamart's SSSG in 2Q25 declined by 3% y-y, marking the first negative quarterly...

  CONSUMER RELATED Sumber Alfaria Trijaya AMRT AMRT JK AMRT IJ Jody Wijaya Sandy Ham Samuel Christian

  3 months ago

• Mayora Indah (MYOR IJ) (Buy) - FMCG innovation champion

  SH SC JW

  MYOR has consistently innovated to expand its market share domestically and abroad...

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

  3 months ago

• Indonesia Consumer - 2Q25 results review: FMCGs’ bottoming-out phase

  SH SC JW

  We have been observing that middle-income-class consumers largely continue...

  CONSUMER RELATED Sandy Ham Samuel Christian Jody Wijaya

  4 months ago

• Triputra Agro Persada (TAPG IJ) (Buy) - Strong combination of higher price + productivity

  SH SC NG

  We believe CPO prices will remain strong going forward...

  AGRI RELATED TAPG TAPG JK TAPG IJ Sandy Ham Samuel Christian Nicholas Goei

  4 months ago

• Indofood CBP Sukses Makmur (ICBP IJ) (Buy) - Challenging time

  SH SC JW

  We expect the current sluggish buying power conditions for Indonesia consumers...

  FOOD AND BEVERAGE ICBP ICBP JK ICBP IJ Sandy Ham Samuel Christian Jody Wijaya

  4 months ago

• Indofood Sukses Makmur (INDF IJ) (Buy) - Palm oil plantation drives valuation re-rating

  SH SC JW

  We are bullish on the palm oil sector, supported by five key factors...

  FOOD AND BEVERAGE INDF INDF JK INDF IJ Sandy Ham Samuel Christian Jody Wijaya

  4 months ago

• Indonesia FMCG - 2Q25F preview: In-home consumption persists

  SH SC JW

  Based on our market survey of FMCG producers, we believe that...

  CONSUMER RELATED Indonesia FMCG Sandy Ham Samuel Christian Jody Wijaya

  4 months ago

• Unilever Indonesia (UNVR IJ) (Neutral) - A long road ahead

  SH SC JW

  Based on our observations over the past 1.5 years, we conclude that...

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

  4 months ago

• Indonesia Retailers - 2Q25F preview

  JW SH SC

  As the quarterly results season approaches, we see...

  RETAIL Jody Wijaya Sandy Ham Samuel Christian

  4 months ago

• Triputra Agro Persada (TAPG IJ) (Buy) - Strong growth momentum and high dividend yield

  SH SC NG

  Indonesia FFB production for the March-April period...

  AGRI-RELATED TAPG TAPG JK TAPG IJ Sandy Ham Samuel Christian Nicholas Goei

  4 months ago

• Cisarua Mountain Dairy (CMRY IJ) (Buy) - Double-digit growth amidst economic slowdown

  SH JW SC

  We observed that middle-income consumers are moving...

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

  5 months ago

• Kalbe Farma (KLBF IJ) (Buy) - Proven brand transformation

  SH JW SC

  As highlighted in our 23 March note (Repositioning, revamping, and reallocating)...

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

  6 months ago