Tobacco Sector - A Biting Year Ahead
Based on our channel checks, tobacco companies under our coverage were relatively slow in adjusting ASPs in 2Q24 to offset the FY25 excise tax hike...
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The Week That Was in ASEAN@Smartkarma - ACES Rebranding Prospects, BNI's Optimism, and Bank Mandiri
The past week has seen insights on Aspirasi Hidup Indonesia (ACES IJ), Bank Negara Indonesia (BBNI IJ), Bank Mandiri (BMRI IJ), Silverlake Axis...
381 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).
317 Views
HMSP IJ - MNC Sekuritas Equity Report May 13, 2024
HMSP delivered a 1Q24 performance that was mostly in-line with our estimates. 1Q24 revenue came in at IDR29.1 tn, or grew nicely by +1.5% QoQ...
381 Views
LQ45 Index Rebalance Preview (Jan): Reading the Tea Leaves
There could be 5 potential changes for the LQ45 Index in January. The potential adds have performed well while the potential deletes are trading...
713 Views