ENTITY
PT Trimegah Bangun Persada Tbk (Harita Nickel)

PT Trimegah Bangun Persada Tbk (Harita Nickel) (NCKL IJ)

25
Analysis
MaterialsIndonesia
PT Trimegah Bangun Persada Tbk is a nickel resource and mining company. The Company offers laterite nickel ore, which consists of limonite and saprolite ore, as well as operates nickel smelters in Obi Island that process saprolite ore to produce ferronickel, which can be further processed into stainless steel. Trimegah Bangun Persada Tbk serves customers in Indonesia.
more
Refresh

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...

Logo
Arun George
333 Views
Share

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...

Logo
Clarence Chu
334 Views
Share

Harita Nickel IPO: Valuation Insights

Our analysis suggests that Harita is fairly valued at the IPO IPO price range of IDR1,220-1,250 per share. We would participate in the IPO.

Logo
Arun George
232 Views
Share

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...

Logo
Clarence Chu
314 Views
Share

Harita Nickel IPO: The Bear Case

The key elements of the bear case rest on weakening market sentiment, high single-customer dependence, gross margin pressure, high cash burn and...

Logo
Arun George
297 Views
Share
x