Aneka Tambang (ANTM.IJ) - Riding on Sustained Strength in Ni Ore and Gold Px
Despite a more conservative 2H25 operational outlook, we expect favorable Ni ore and gold prices to continue support FY25-26 earnings.
328 Views
Aneka Tambang (ANTM.IJ) - Upgrading FY25-27F Earnings on Solid Gold Margin
Maintain a Buy rating with an upgraded TP of Rp3,000. Key risks include lower commodity prices, lower utilization, and project delays.
385 Views
Aneka Tambang (ANTM.IJ) Upgrading FY25-27F Est. And TP on More Optimistic Sales Outlook
4Q24 earnings grew to Rp1.4tr, +122% qoq, supported by robust gold sales of 15.2 tons, +21% qoq, and FeNi sales of 7.7kt, +61% qoq.
263 Views
Aneka Tambang - Upside Potentials from Ore Sales to Boost FY25 Earnings
3Q24 core profit grew slightly (+9% qoq), driven by robust gold sales, though nickel segment lagged behind due to a poor sales volume.
416 Views
Aneka Tambang - Upbeat 3Q24 Operational Outlook
Maintain Buy on ANTM with an unchanged TP of Rp2,000. Key risks include lower commodity prices, lower utilization, and project delays.
317 Views