Indo Tambangraya Megah (ITMG IJ): Pure Coal Play at 4.5x PE, 50% of the Market Cap in Cash
We summarize ITMG's recent results in Q1 FY24 and the company's outlook over the year. The stock trades at 4.5x PE with a 15% yield and over 50% of...
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ITMG IJ: Q4 2023 Inline, Deep Value, 45% of the Mkt Cash and ~11% Dividend Yield on Spot
We summarize the results of ITMG for FY23 and the outlook for FY24. For a 130-150$/ton coal price range the stock trades at 4-6x PE with a 11-15%...
625 Views
Indo Tambangraya Megah (ITMG IJ): Improving Quarterlies And Walk Back Of Government Intervention
ITMG: coal beta + 12% yield + buyback firepower. Cheap at 5.6x PE on $130/t coal, net cash, 65% payout. BUY on any coal recovery.
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Indo Tambangraya (ITMG.IJ) Price Tailwind Intact Despite Lingering RKAB Uncertainty
Indo Tambangraya (ITMG IJ)Price Tailwind Intact Despite Lingering RKAB Uncertainty. We believe the govt’s recent indication on RKAB revision should...
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Primer: Indo Tambangraya Megah (ITMG IJ) - Dec 2025
Impending 10% Share Buyback: A significant near-term catalyst is the planned 10% share buyback, strongly supported by a robust balance sheet...
391 Views