Adi Sarana Armada (ASSA IJ) - Adapting Speedily to the New Reality
Adi Sarana Armada (ASSA IJ) provide unique exposure across Indonesia's mobility ecosystem from Car leasing to auctions and omnichannel used car...
496 Views
Harita Nickel IPO: Trading Debut
Peers have re-rated and the IPO price continues to imply a discount to the median peer CY2023 P/E multiple. Therefore, the IPO price remains...
392 Views
Harita Nickel IPO Trading - Quality Names in the Bookbuild Should Aid Sentiment
PT Trimegah Bangun Persada Tbk (Harita Nickel) (2230010D IJ) raised around US$660m in its Indonesian IPO. In this note, we will talk about the...
381 Views
PT Surya Citra Media (SCMA IJ) - Primed for Reset in 2023
PT Surya Citra Media had an exciting 2022, with a ramp-up in new audience share-winning original content along with the boost from the Word Cup but...
628 Views
Bukalapak (BUKA IJ) - Big on Take Rates and Execution
Bukalapak beat on revenues and adjusted EBITDA, with continuing improvements to take rates driving improvements with more to come in 2023....
367 Views