Merdeka Battery Materials (MBMA.IJ) Shutting Down HNMI for the Greater Good
FY24 result beat estimates as 4Q24 saw a turnaround to profitability of US$4.3mn from favorable commodity prices. HNMI is temporarily shut down as...
224 Views
IDX30/LQ45/IDX80 Index Rebalance: Large Flows in Some Stocks with 4 Days to Implementation
There are 2 constituent changes each for the IDX30, LQ45 and IDX80 indices to be implemented at the close on 31 Oct. There are stocks with multiple...
637 Views
Merdeka Battery Materials - Solid 2Q24 Earnings, but 1H24 Still a Miss
MBMA’s 2Q24 earnings was a robust US$16.7mn, but we see a weaker 3Q24 ahead. AIM project will now contribute in FY25 instead, due to delays in...
303 Views
Merdeka Battery Materials - 1Q24 Earnings Miss..
1Q results were below estimates, however we remain optimistic on 2Q earnings as nickel matte ASP could improve on higher LME price
251 Views
Indonesia Strategy - Caught in a Perfect Updraft?
Despite the JCI knocking on all-time highs, valuations continue to look attractive with prospects of a better 2H2024 and lower interest rates. Top...
526 Views