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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
  • Astra International (ASII IJ) (Buy) - In-line results

    JT DT GH

    ASII booked relatively in-line results, with FY24F top line growing by 4.5%

    AUTOS AND AUTO PARTS Jupriadi Tan David Tjahjadi Gerald Hugo

    5 months ago
  • Indonesia Coal - New Pricing Regulation: Fair but concerning

    MW EP

    The government introduced the new HPM (index for metals) and HPB (index for coal)

    COAL Michael Wildon Edward Prima

    6 months ago
  • Indofood CBP Sukses Makmur (ICBP IJ) (Buy) - Consistent double-digit core profit growth

    SH JW SC

    We believe the government’s commitment to alleviate

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

    6 months ago
  • Bank CIMB Niaga (BNGA IJ) (Neutral) - Improving performance; new TP of IDR1,850

    EW

    Bank CIMB (BNGA) has a notable position in Indonesia’s SME and consumer businesses,

    BANKS BNGA BNGA JK BNGA IJ Erwin Wijaya

    6 months ago
  • Bank Syariah Indonesia (BRIS IJ) (Buy) - Jan-25 results: Still going strong

    EW

    BRIS is off to a solid start in 2025. The bank delivered strong Jan-25 results,

    BANKS BRIS BRIS JK BRIS IJ Erwin WIjaya

    6 months ago
  • Bank Mandiri (BMRI IJ) (Buy) - Jan-25 Results

    EW

    BMRI started 2025 with satisfactory bank-only Jan-25 results—

    BANKS BMRI BMRI JK BMRI IJ Erwin Wijaya

    6 months ago
  • Astra International (ASII IJ) (Buy) - Thoughts on Astra’s investments and the autos sector

    JT DT GH

    We analyze Astra’s investments over the past seven years – which have largely been unfruitful,

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

    6 months ago
  • Indonesia Equity Strategy - De-risk – shelter in under-owned and liquid stocks

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    The JCI has declined by 11% over the past three months, owing to market concerns about consumers’ weak purchas

    EQUITY STRATEGY Jupriadi Tan Gerald Hugo

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    ARNA delivered 4Q24 revenue of IDR710bn (+1.4% q-q, +17.3% y-y), bringing FY24 revenue to IDR2.63tn (+8% y-y).

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    6 months ago
  • Aneka Tambang (ANTM IJ) (Buy) - Strong operational numbers signal earnings beat

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    ANTM's 4Q operational results indicate a strong FY24 earnings outlook, with projected earnings of >IDR3tn,

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    6 months ago
  • Indika Energy (INDY IJ) (Buy) - Gold price drives Awak Mas valuation

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    Rising global gold prices and the substantial progress on the Awak Mas Gold Project

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    We think the Indonesia banking sector may enter a tactical tailwind period,

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    Post BTPS's FY24 results release, which came in below our expectations, we identify several areas of concern.

    BANKS BTPS BTPS JK BTPS IJ Erwin Wijaya

    6 months ago
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    2024 was a challenging year for the major telcos (as well as for the passive infrastructure companies such as

    TELECOMS Erwin Wijaya

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  • Indonesia Flow Radar - Jan-25 Funds: depleting cash, insider tx

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    In this report, we assess the cash position of the funds that we track as of January 2025,

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    6 months ago

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