United Tractors - Lifting Our FY24-26F Forecast and TP Post 1H24 Beat; Upgrade Rating to Buy
We raised our FY24-26F est. by 13-22% and SOTP-based TP to Rp29,200 on the better operational and coal price outlook. We upgrade our rating to Buy...
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United Tractors (UNTR IJ) Buyback - One Month To Go
United Tractors launched a 3-month buyback program 2 months ago. There's one month left. The underlying reasons for expecting outperformance remain.
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United Tractors (UNTR IJ) Buyback - Sure to Be Impactful
United Tractors - Indonesia's largest heavy equipment dealer and a subsidiary of Astra International - has announced a large buyback to be...
515 Views
The Week That Was in ASEAN@Smartkarma - Bank Rakyat's Turn, Sido Muncul, and BFI Finance Indonesia
The past week saw insights on Bank Rakyat Indonesia (BBRI IJ), Sido Muncul (SIDO IJ), BFI Finance Indonesia (BFIN IJ), Sheng Siong (SSG SP), and...
209 Views
United Tractors - In-Line FY23 Net Profit
We maintain our FY24-25F est. and Hold rating with unchanged SOTPbased TP of Rp24,900 amid our view of further coal price correction.
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