In today’s briefing:
- BFI Finance Indonesia (BFIN IJ) – Short-Term Blip Provides Opportunity
- Weekly Wrap – 28 Jul 2023
BFI Finance Indonesia (BFIN IJ) – Short-Term Blip Provides Opportunity
- BFI Finance Indonesia (BFIN IJ) booked a solid set of 1H2023 results that were marred by an operational blip, with 2Q2023 impacted but this is likely to abate in 2H2023.
- The company continues to stand out for its leading position in collateralized lending backed by 4W, 2W, heavy equipment, shophouses and property, with an accomplished 15-year track record
- BFI Finance Indonesia remains the top pick to play the increasing growth from multi-finance in Indonesia. It trades on 2x FY2023E PBV, forecast to book an ROE over 20%.
Weekly Wrap – 28 Jul 2023
Lucror Analytics Weekly Wraps provide an overview of all Morning Views comments and reports published by our analyst team in the past week, and also showcase a list of the most-read reports.
In this Insight:
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