Cisarua Mountain Dairy (CMRY IJ) - General Trade to Drive 2023 Growth
Cimory is an increasingly interesting consumer proxy catering to Indonesia's middle classes but increasingly focusing on the less affluent mass...
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Harita Nickel IPO: Trading Debut
Peers have re-rated and the IPO price continues to imply a discount to the median peer CY2023 P/E multiple. Therefore, the IPO price remains...
570 Views
Harita Nickel IPO Trading - Quality Names in the Bookbuild Should Aid Sentiment
PT Trimegah Bangun Persada Tbk (Harita Nickel) (2230010D IJ) raised around US$660m in its Indonesian IPO. In this note, we will talk about the...
562 Views
Cisarua Mountain Dairy (CMRY IJ) - Bedding Down with a Portfolio of Growth Products
Cisarua Mountain Dairy is one of the most interesting consumer staples players in Indonesia, with a leading position in dairy and specifically...
564 Views
Harita Nickel IPO Valuation - Capacity Ramp Ups Will Pay Dividends in the Long Run
PT Trimegah Bangun Persada Tbk (Harita Nickel) (2230010D IJ) is looking to raise about US$650m in its Indonesian IPO. In this note, we look at...
561 Views