Chandra Asri Petrochemical (TPIA) Earnings Report: Significant Reduction in FY Net Loss

Chandra Asri Petrochemical on Smartkarma

Smartkarma, an independent investment research network, has recently published a report on Chandra Asri Petrochemical by analyst Brian Freitas. The report, titled “IDX30/LQ45 Index Rebalance: Four Changes for Each Index”, discusses the upcoming changes in the IDX30 and LQ45 indexes, which are set to be implemented in four trading days. According to the report, there are four expected changes for each index, including some surprises. This could potentially lead to big moves on stocks that have a large flow from passive fund trading, as there is over one day of average daily volume (ADV) to trade on many of these stocks.

The report also highlights the four stocks that are expected to receive the largest passive inflows as a result of the index rebalance: Indofood CBP Sukses (ICBP IJ), Merdeka Battery Materials (MBMA IJ), Indah Kiat Pulp & Paper (INKP IJ), and Pertamina Geothermal Energy (PGEO IJ). With only four days until the implementation of the rebalance, investors should keep a close eye on these stocks as they could experience significant movements. The report is authored by Brian Freitas, a top independent analyst on Smartkarma known for his bearish stance on the market.

A look at Chandra Asri Petrochemical Smart Scores

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

According to Smartkarma’s Smart Scores, the long-term outlook for Chandra Asri Petrochemical is looking positive. The company has received an overall score of 3 out of 5, indicating a moderate outlook.

Chandra Asri Petrochemical has received a score of 5 for momentum, which suggests that the company is performing well in terms of growth and profitability. This is supported by the fact that the company is an integrated petrochemical producer, producing various products such as ethylene and polyethylene, and serving both domestic and regional export markets in Indonesia.

While the scores for value, dividend, and growth are all at a moderate level of 2, the company has received a score of 3 for resilience. This suggests that Chandra Asri Petrochemical is able to withstand potential challenges and maintain its performance in the long run. Overall, with a good score for momentum and resilience, Chandra Asri Petrochemical appears to have a positive long-term outlook.

PT Chandra Asri Petrochemical Tbk (CAP) is an integrated petrochemical producer. The company produces various products such as ethylene, propylene, and polypropylene, and serves both domestic and regional export markets in Indonesia. With a good score for momentum and resilience, the company’s long-term outlook appears to be positive.

Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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