The CrossASEAN Week That Was in ASEAN@Smartkarma - Erajaya, Jardine Matheson, and Philippines Picks
The past week saw insights on Erajaya Swasembada (ERAA IJ), Jardine Matheson Holdings (JM SP), and a shortlist of high-conviction buys in the...
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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.
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Metal Mining: Aug24 Metal Sector Update: Supports for Tin Price
Tin price strengthened to US$32k/t in Aug24, as inventory (SHFE and LME) and Indonesian exports fell -23% mom. Nickel ore supply remained tight,...
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Metal Mining: Jul24 Update: Weaker Nickel and Tin Price, Despite Tight Ore Supply (OVERWEIGHT)
Tin price weakened in Jul24 despite a tight supply in China and declining inventory levels globally. Nickel prices stabilized in Jul24.
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Metal Mining: Strong Qoq Earnings Growth on Higher ASP, Expect 1H24 to Be Mixed
We estimate the sector’s 2Q earnings to proliferate on the back of a stronger ASP and volume, yet still leading to a slightly below 1H.
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