BEWARE OF FRAUDULENT SCHEMES CLAIMING TO REPRESENT PT VERDHANA SEKURITAS INDONESIA

• Please be cautious of any fraudulent schemes conducted by parties claiming to represent PT Verdhana Sekuritas Indonesia. These scams often use the name, logo, and identity of PT Verdhana Sekuritas Indonesia to pose as official company representatives.
  
• Identified scam methods include investment fraud, job offers, task assignments, or other programs that appear to offer monetary rewards or commissions. Please remain vigilant against other forms of fraud as well.
  
• These scams may be carried out through various media channels, including:
  1. Fake websites;
  2. Messaging apps such as WhatsApp, Telegram, SMS, etc.;
  3. Fake emails and letters;
  4. Fraudulent phone calls. 
• PT Verdhana Sekuritas Indonesia operates solely as a Securities Broker-Dealer and Underwriter. We are not an investment manager or an institution that offers investment programs, job offers, commission-based tasks, or other financial schemes directly to the public via social media, private messages, phone calls, or unofficial individual agents. We do not appoint any individual or third party to collect funds from the public. 
• We never request the public, prospective clients, or our clients to (1) conduct cash transactions or (2) transfer funds to any personal account of individuals claiming to be employees or representatives of PT Verdhana Sekuritas Indonesia.
  
• Official information from PT Verdhana Sekuritas Indonesia is communicated only through our official channels:
  Website: www.verdhana.id and www.verdhanaresearch.com 
  Email: info@verdhana.id
  Phone: (021) 5098 5799
  Address: Deutsche Bank Building, 18th Floor, Jl. Imam Bonjol No. 80, Jakarta 10310 
• If you receive any suspicious messages, offers, or solicitations conducted by parties claiming to represent PT Verdhana Sekuritas Indonesia, please do not respond and report them immediately to us via email at info@verdhana.id.

This announcement is hereby conveyed. Thank you for your attention and for placing your trust in PT Verdhana Sekuritas Indonesia.
Sincerely,

PT Verdhana Sekuritas Indonesia

 CLOSE 

Home   /   Latest Research

Default sorting Sort by Popularity Sort by Average rating Sort by Featured

• Mitratel (MTEL IJ) (Buy) - 1Q25 results: Within our expectations

  EW

  MTEL has released its 1Q25 results, which were in line with our projections...

  TELECOMS MTEL MTEL JK MTEL IJ Erwin Wijaya

  1 year ago

• Indosat (ISAT IJ) (Buy) - 1Q25 result: Soft, but expected

  EW

  ISAT released expected 1Q25 results...

  TELECOMS ISAT ISAT JK ISAT IJ Erwin Wijaya

  1 year ago

• Telekomunikasi Indonesia Persero (TLKM IJ) (Buy) - 1Q25 result: A soft start

  EW

  Telkom has released 1Q25 results...

  TELECOMS TLKM TLKM JK TLKM IJ Erwin Wijaya

  1 year ago

• Sarana Menara Nusantara (TOWR IJ) (Buy) - FY24 results in line with expectations

  EW

  We remain positive on the long-term organic...

  TELECOMS TOWR TOWR JK TOWR IJ Erwin Wijaya

  1 year ago

• Telekomunikasi Indonesia Persero (TLKM IJ) (Buy) - FY24 results below expectations

  EW

  Telkom has released its consolidated...

  TELECOMS TLKM TLKM JK TLKM IJ Erwin Wijaya

  1 year ago

• Tower Bersama Infrastructure (TBIG IJ) (Neutral) - Cut FY25F earnings by ~13.6%

  EW

  We remain positive on the tower sector’s long-term...

  TELECOMS TBIG TBIG JK TBIG IJ Erwin Wijaya

  1 year ago

• Indonesia Telecom - Fragile equilibrium

  EW

  Across major telcos, we anticipate growing efforts to foster a healthier market environment.

  TELECOMS Erwin Wijaya

  1 year ago

• XL Axiata (EXCL IJ) (Buy) - EXCL x FREN: An update on the merger plan

  EW

  EXCL and FREN (FREN IJ, Not rated) had in 2024 officially announced a definitive agreement for a proposed merg

  TELECOMS EXCL EXCL JK EXCL IJ Erwin Wijaya

  1 year ago

• Indonesia Telecom - Telcos outlook 2025

  EW

  2024 was a challenging year for the major telcos (as well as for the passive infrastructure companies such as

  TELECOMS Erwin Wijaya

  1 year ago

• Indosat (ISAT IJ) (Buy) - Soft 4Q24 results, as expected

  EW

  ISAT released expected 4Q24 results, with headline profit of IDR1.0tn (-10% q-q).

  TELECOMS ISAT ISAT JK ISAT IJ Erwin Wijaya

  1 year ago

• XL Axiata (EXCL IJ) (Buy) - EXCL – Post FY24 results update

  EW

  XL released its FY24 results which showed punchy performance.

  Telecoms EXCL EXCL JK EXCL IJ Erwin Wijaya

  1 year ago

• Telekomunikasi Indonesia Persero (TLKM IJ) (Buy) - Dividend play; cut TP to IDR 4,100

  NS EW

  Over the past 18 years (i.e. since the start of intense cellular sector competition in Indonesia; 2007-2024),

  TELECOMS TLKM TLKM JK TLKM IJ Nicholas Santoso Erwin Wijaya

  1 year ago

• XL Axiata (EXCL IJ) (Buy) - Merger plan

  NS EW

  EXCL and FREN (FREN IJ, Not rated) have officially announced a definitive agreement for a proposed merger,

  Telecoms XL Axiata EXCL EXCL JK EXCL IJ Nicholas Santoso Erwin Wijaya

  1 year ago

• XL Axiata (EXCL IJ) (Buy) - Soft 9M24 operating results

  NS EW

  XL Axiata released soft 3Q24 operating results, with 3Q24 profit at IDR292bn (-40% q-q, -21% y-y).

  Telecoms EXCL EXCL JK EXCL IJ Nicholas Santoso Erwin Wijaya

  1 year ago

• Indonesia Tower - 9M24 results review

  NS EW

  In this note, we look at 9M24 results from major Indonesia telecom towercos,

  Telecoms Nicholas Santoso Erwin Wijaya

  1 year ago