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

• Indonesia telecoms - Dual tailwinds

  EW

  We reiterate our positive outlook for the Indonesia telecom sector,

  TELECOMS Indonesia telecoms Erwin Wijaya

  2 days ago

• Indonesia Banks - YTD Oct-25 results summary; looking for earnings rebound in 2026

  EW

  Indonesia’s major banks (BBCA IJ, BRIS IJ, BMRI IJ, BBNI IJ and BBRI IJ – ...

  BANKS Erwin Wijaya

  6 days ago

• Bank Mandiri (BMRI IJ) (Buy) - Bank Syariah Indonesia’s deconsolidation

  EW

  Currently the government of Indonesia holds one golden share of Bank Syariah Indonesia...

  BANKS Bank Mandiri BMRI BMRI JK BMRI IJ Erwin Wijaya

  1 week ago

• Telekomunikasi Indonesia Persero (TLKM IJ) (Buy) - Elevated payout can be afforded

  EW

  We recently had a discussion with Telkom management. Among the key...

  TELECOMS Telekomunikasi Indonesia Persero TLKM TLKM JK TLKM IJ Erwin Wijaya

  1 week ago

• Bank Central Asia (BBCA IJ) (Buy) - Resilient YTD Oct-2025 results

  EW

  BBCA has released its bank-only Oct-2025 results. Overall,...

  BANKS Bank Central Asia BBCA BBCA JK BBCA IJ Erwin Wijaya

  2 weeks ago

• Indonesia Telecom - Path to (better) profitability

  EW

  We believe that market repair efforts have been...

  TELECOMS Indonesia Telecom Erwin Wijaya

  2 weeks ago

• XLSMART Telecom (EXCL IJ) (Neutral) - Laying groundwork

  EW

  XLSmart’s recently released 9M25 earnings have shown large losses...

  TELECOMS EXCL EXCL JK EXCL IJ Erwin Wijaya

  2 weeks ago

• XLSMART Telecom (EXCL IJ) (Buy) - 9M25 results still pending merger synergies

  EW

  XLSmart’s 9M25 results came below our projections. However,

  TELECOMS XLSMART Telecom EXCL EXCL JK EXCL IJ Erwin Wijaya

  3 weeks ago

• Indonesia Banks - YTD Sep-25 results summary

  EW

  Indonesia’s major banks (BBCA IJ, BRIS IJ, BMRI IJ, BBNI IJ and BBRI IJ...

  BANKS Indonesia Banks Erwin Wijaya

  1 month ago

• Indonesia Tower - Mixed 9M25 results

  EW

  Indonesia’s tower companies – TOWR IJ, MTEL IJ and TBIG IJ...

  TELECOMS Indonesia Tower Erwin Wijaya

  1 month ago

• Telekomunikasi Indonesia Persero (TLKM IJ) (Buy) - 9M25 results in line

  EW

  TLKM released its 9M25 results, with headline...

  TELECOMS Telekomunikasi Indonesia Persero TLKM TLKM JK TLKM IJ Erwin Wijaya

  1 month ago

• Indonesia Banks - Better risk-reward profile

  EW

  In our recent note (Indonesian Banking Sector - Earnings risks likely priced-in...

  BANKS Indonesia Banks Erwin Wijaya

  1 month ago

• Bank Syariah Indonesia (BRIS IJ) (Buy) - Solid 9M25 results; earnings adjustments

  EW

  BRIS has continued to deliver strong performance, with...

  BANKS Bank Syariah Indonesia BRIS BRIS JK BRIS IJ Erwin Wijaya

  1 month ago

• Bank Rakyat Indonesia (BBRI IJ) (Buy) - 9M25 profit down -10% y-y

  EW

  Although BBRI’s headline consolidated profit for 9M25 was...

  BANKS Bank Rakyat Indonesia BBRI BBRI JK BBRI IJ Erwin Wijaya

  1 month ago

• Indosat (ISAT IJ) (Buy) - 9M25 in line with projections

  EW

  SAT’s 9M25 results came in line with our projections, with...

  TELECOMS Indosat ISAT ISAT JK ISAT IJ Erwin Wijaya

  1 month ago