Astra International - Pinning Hopes on Lebaran and New Models
ASII expects to launch new PHEV/BEV in the next 2 years. In 2024, ASII is looking to launch Avanza/Rush HEV, which should improve 4W sales
534 Views
Astra International (ASII) - Hybrid Incentive Are Off for Now
Hybrid subsides, however, are not inline with the government’s goal. This puts ASII at a disadvantage. Reiterate HOLD rating on ASII
375 Views
Astra International - Inline FY23 Earnings, Seasonal Weaker Auto Segment in 4Q23
ASII proposes dividends of Rp421/share (8% yield), which is historical high, ex-FY22. Maintain Hold rating and TP of Rp 5,700
523 Views
Astra Internasional (ASII) - Not yet Time to Turn Positive
Recent findings and recalls from Toyota and Daihatsu Japan, and also ASII, create persisting negative ST sentiment on ASII’s share price.
396 Views
Astra Internasional - ICE Should Sustain Its Dominance in the 4W Market, but Lacks ST Catalysts
Our study concludes that the economic benefit of hybrids/EV in Indonesia is still in question, hence ICE should sustain its dominance.
452 Views