bullish•Macroeconomics•24 Sep 2023 07:35•Broker Report
Macro Strategy: Currency Conundrum
Macro StrategyCurrency ConundrumBank Indonesia's stance has remained consistent with a continued emphasis on stabilizing the currency
bullish•Thematic (Sector/Industry)•24 Sep 2023 07:33•Broker Report
Poultry: Poised for 4Q23 recovery despite ST headwinds (OVERWEIGHT)
While recent weak broiler prices and higher local corn prices may drive lower 3Q23 earnings (qoq), we maintain our Overweight view on the back of...
bullish•GoTo Gojek Tokopedia Tbk PT•22 Sep 2023 07:32•Broker Report
GoTo Gojek Tokopedia - Positive EBITDA to Sustain GOTO Growth Mode
We see a pathway for GOTO to deliver positive EBITDA towards the end of 2023, given foreseen recovery in GTV in 3Q23 that shall offer momentum in...
bullish•Macroeconomics•21 Sep 2023 07:47•Broker Report
Macro Strategy: KTA: Meeting with BI on SRBI
We note 4 key aspects of SRBI: 1. Rationale. SRBI aims to maximize the utilization of Bank Indonesia's (BI) holdings of Government bonds (SBN) by...
bullish•Indonesia 10Y•20 Sep 2023 07:02•Broker Report