XL Axiata (EXCL IJ) - Palpable Pressure in Mobile and Broadband
XL Axiata booked a solid set of 9M2024 numbers but 3Q2024 saw some heightened competition from Telkomsel Lite, pressure from discounted and dual...
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EXCL IJ - EXCL’s 1H24 Performance: Keeping the Ball Rolling
The relatively moderate quarterly top-line growth was primarily due to soft performance in the data & digital services segment (93.1% contribution...
396 Views
The Week That Was in ASEAN@Smartkarma - Grab's High-Value Boost, Sea's Shopee in Profit, and Keepers
The past week saw insights on Grab Holdings (GRAB US), Sea Ltd (SE US), Avarga Ltd (AVARGA SP), The Keepers Holdings (KEEPR PM), and Jollibee Foods...
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XL Axiata - Inline Earnings on Robust Operational; Potential Catalysts Ahead
EXCL’s 1H24 solid NP of Rp1tr (57.5%yoy) was inline, driven by topline growth due to stellar mgmt. execution amid steady EBITDA margin.
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XL Axiata - Merger Plan to Offer Upside; Reiterate Buy Rating as We See Deal Risks to Be Manageable
We believe the planned MergeCo to generate better consumer experience and thus, expect value accretion potentials from the deal.
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