In today’s briefing:
- Mitra Adiperkasa (MAPI IJ) – Reasons to Be Cheerful
- Weekly Wrap – 27 May 2022
Mitra Adiperkasa (MAPI IJ) – Reasons to Be Cheerful
- Mitra Adiperkasa‘s recent 1Q2022 results and a follow up conversation with management confirmed continuing momentum in the recovery with a lot more to come in the next few quarters.
- Sports, digital, and F&B are leading the recovery with greater mobility boosting sales but online sales remain strong reflecting changing consumer habits and the success of the company’s strategy there.
- Mitra Adiperkasa is back on an expansion tack both in Indonesia and in Thailand, Vietnam, and the Philippines, with capex forecast at 2019 levels this year. Valuations are attractive.
Weekly Wrap – 27 May 2022
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:
- Adani Ports & Special Economic Zone
- Yanzhou Coal Mining Company Limited H
- Vedanta Resources
- Indika Energy
- Pakuwon Jati
and more…
Before it’s here, it’s on Smartkarma
