Indofood CBP Sukses Makmur (ICBP.IJ) Resilient Product Demand to Cushion Against Rupiah Risk
We estimate FY25 vol growth of 5.3% yoy, supported by resilient demand for ICBP’s products amidst challenges in purchasing power.
188 Views
Mayora Indah (MYOR IJ) - Classy Biscuits and Beverages
Mayora Indah (MYOR IJ) saw a significant positive surge in profitability from lower raw material prices and lower operating costs in 3Q2023, which...
620 Views
Monde Nissin: The Investment Case
The sentiment is weak due to the large impairment charges. The valuation is undemanding (SOTP valuation of PHP10.21) and will prove attractive to...
483 Views
Indofood CBP - Inline 1Q24 Earnings
Maintain FY24-25F est and Buy rating with TP Rp12,900 (FY24F PE: 14.9x) on potential further upside from intact growth outlook
318 Views
BUY: First Pacific Company (142 HK): Right Stock Trapped in the Wrong Market
Two announcements reflect First Pac's move toward unlocking substantial value for shareholders. Metro Pac will sell >20% stake in tollway unit. On...
907 Views