Macro and Flows Tracker - Glimpse of Recovery
We anticipate improvements in the banking sector's intermediary function, supported by ample liquidity and favourable rates
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Infrastructure: Earnings Revision for SOE Contractors
Following the release of the FY22 results, we revise our earnings estimates for SOE contractors under our coverage. All in all, we expect the SOE...
369 Views
Equity Snapshot: April 17, 2023
See important disclosure at the back of this report bridanareksa sekuritas .co.idContent is external broker report sourced from online content...
432 Views
Jasa Marga (JSMR.IJ) - Attractive Valuation, But Further Re-Rating Hinges on Capex Execution.
Post-COVID earnings swings and low FCF-to-EBITDA conversion have led to valuation de-rating despite JSMR’s dominant market share.
468 Views
Jasa Marga (JSMR.IJ) Normalization of Revenue Growth...
We expect toll road revenue to grow by 9%/10% in FY25F/FY26F, driven by traffic growth of 1.6%/2.3% yoy, and fewer special tariff adjustments.
338 Views