Poultry (OVERWEIGHT) - 25 April 2025
LB prices during 2025 Ramadan and Lebaran fell short of expectations, reflecting weak demand and softer economic activity.
217 Views
Poultry: Less tax paid, more chicken on the plate! (OVERWEIGHT)
PMK Number 10 of 2025 grants income tax incentives for employees in select labor-intensive sectors with monthly incomes capped at Rp10mn.
247 Views
Equity Strategy: External Risks Loom...
Amid the possibility of further tariffs to be imposed by Trump, we think key risk to watch remains on EM currency and market risk-offs.
235 Views
External Risks Loom, But Improving Domestic Conditions May Cushion Against Further De-Rating
Amid the possibility of further tariffs to be imposed by Trump, we think key risk to watch remains on EM currency and market risk-offs.
244 Views
Poultry: FY25 Outlook: Expect Fundamentals Improvement to Drive Valuation Rerating (OVERWEIGHT)
We continue to forecast that integrators will report profit growth of 109%/10% for FY24/FY25F, supported by margin expansion.
390 Views