IDX30/LQ45/IDX80 Index Rebalance: Plenty of Change with 4 Days to Trade
There are 2 constituent changes for the IDX30 Index, 5 for the LQ45 Index, and 7 for the IDX80 Index to be implemented at the close on 31 October....
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Earnings Delivery, Reasonable Valuations, Healthy Balance Sheet - Ten Stocks in ASEAN
We identify stocks in ASEAN with consistent EPS est upgrades, strong growth forecasts, low debt/equity, and PEG<1.3x. Ten stocks meet the...
655 Views
NCKL.IJ - Lowering FY25-26F Est. Post 1Q25 Earnings Miss; Valuation Remains at a Bargain
1Q25 net profit was below our estimate due to lower JV contribution as KPS is in the process of ramping up, and higher minority interest.
355 Views
Trimegah Bangun Persada (NCKL.IJ) - In Line FY24 Earnings, Upgrading Our FY25 Estimate
NCKL recorded a weaker 4Q24 NP of Rp1.5tr, -24% qoq, due to a weaker FeNi sales volume and contribution from JV as ASP were trending down.
254 Views
Trimegah Bangun Persada - Additional 10% Stake in ONC Lifts FY25 Earnings
Reiterate our Buy rating with a higher TP of Rp1,500. Key risks to our call include lower nickel prices and a lower utilization rate.
339 Views