Bank Mandiri (BMRI IJ) (Buy) - Better than expected FY25 results
EWBMRI delivered FY25 results broadly...
BMRI delivered FY25 results broadly...
BBNI delivered FY25 results broadly in line with...
BANKS Bank Negara Indonesia BBNI BBNI JK BBNI IJ Erwin Wijaya
As of late January 2026, Newcastle coal price...
Indonesia’s major state-owned-enterprise (SOE) banks will...
We reiterate our Buy recommendation on...
TELECOMS Telekomunikasi Indonesia Persero TLKM TLKM JK TLKM IJ Erwin Wijaya
We believe consumer sector is the least regulated...
CONSUMER RELATED Indonesia Consumer Sandy Ham Jody Wijaya Samuel Christian Nayla Yasmin
The recent MSCI-related volatility, which saw...
EQUITY STRATEGY Indonesia Equity Strategy Jupriadi Tan Gerald Hugo
The recent MSCI announcement triggered broad-based selling...
We initiate coverage of MDLA with a Buy...
HEALTH CARE AND PHARMACEUTICALS Medela Potentia MDLA MDLA JK MDLA IJ Jupriadi Tan David Tjahjadi
We reiterate our constructive view on Indonesia’s...
A key success factor for market repair is...
In Indonesia, four-wheeler (4W) demand is structurally
AUTOS AND AUTO PARTS Indonesia autos Jupriadi Tan David Tjahjadi Gerald Hugo
AKRA continues to position itself as a structurally defensive...
POWER AND UTILITIES AKR Corporindo AKRA JK AKRA IJ Jupriadi Tan David Tjahjadi Gerald Hugo
While the government’s proposed increase in day-old-chick (DOC)...
CONSUMER RELATED Indonesia Poultry Jody Wijaya Sandy Ham Nayla Yasmin Samuel Christian
Our constructive view on Indonesia’s banking sector...