HM Sampoerna - Trimming FY24F Post Weak 3Q24 Earnings
Maintain our Hold rating with an unchanged TP of Rp730 (FY25F PE of 11x) as we see uncertainty remains until the MOF regulation is released.
261 Views
HM Sampoerna (HMSP IJ): Global Index Deletion Following IDX Segment Shift
HM Sampoerna (HMSP IJ) will be removed from the Large cap of the Global Index at the September 2024 review due to a listing change. Forecasted...
362 Views
HM Sampoerna (HMSP.IJ Rp 705; HOLD; TP Rp 730) Regulatory Uncertainty Loom over HMSP
HMSP adjusted ASP of its products by 8.4% ytd in Jul24 (vs 1Q24: 6.1% ytd), which continues to weigh on its vol. growth (1Q24: +1.6% yoy).
310 Views
LQ45 Index Rebalance Preview (July): Identifying Potential Index Changes
We have identified 5 potential changes for the LQ45 Index in July. There will also be capping flows for BBCA and BBRI. Historically, adds and...
437 Views
The Week That Was in ASEAN@Smartkarma - Indosat's AI, MAPI's Expansion, and BliBli's Omnichannel
The past week saw insight on Indosat (ISAT IJ), Mitra Adiperkasa (MAPI IJ), Global Digital Niaga Tbk PT (BELI IJ), Singapore Post (SPOST SP), and...
397 Views