Avia Avian Tbk (AVIA.IJ IDR 545 BUY.TP IDR 620) A Better Volume Growth Prospect in FY24
We expect FY24 vol. growth to improve (to +3.6% yoy) which, combined with sustained margins, shall drive FY24 net profit growth of 4% yoy.
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Sariguna Primatirta (CLEO IJ) - Pure Water with a Sustainable Edge
CLEO continues to expand its manufacturing and distribution to cover more areas of the country. It also has an increasingly sustainable edge and...
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PT Avia Avian (AVIA IJ) - Painting by Numbers
PT Avia Avian is Indonesia's leading integrated paint manufacturing company with around 20% market share. It is undergoing a strong recovery in...
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Nusantara Sejahtera Raya (Cinema XXI) IPO Trading - Should Be a Steady Listing
Nusantara Sejahtera (Cinema XXI) raised around US$150m in its Indonesia IPO. In this note, we talk about the trading dynamics.
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Nusantara Sejahtera Raya (Cinema XXI) IPO - Thoughts on Valuation
Cinema XXI (CINEMA IJ) aims to raise up to US$160m in its Indonesia IPO. In this note, we talk about valuations. The deal isn't particularly cheap.
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