Search result for: "ADRO"

ADRO: Diversification on Electricity and Water Business. Adaro Energy, TBK (ADRO) is promoting a line of non-coal business. One of the business pillars that ADRO will develop is the electricity and water business. Both business through Adaro Power and Adaro Tirta.

We reinitiate coverage on Tower Bersamawith a NEUTRAL rating and DCF-derived TP of IDR6,450 (3% downside). We think the following factors could crimp tenancy growth and lease rates going forward: 1. The pressure on lease rentals amidst intensifying competition; 2. The consolidation of the telcosector; 3. Falling capex intensity; 4. The company’s over-leveraged balance sheet.

BRPT Geothermal Power Plant Capacity Increase. Star Energy Geothermal. An affiliate of PT Barito Pacific Tbk (BRPT). Targets to increase the capacity of the Geothermal Power Plant (PLTP) to at least 1,200 mega watts (MW) by 2028 from the current install capacity of 875 MW. This was.

Tower Bersama Tenancy Ratio Increase. Issuer of telecommunication tower. PT Tower Bersama Infrastructure Tbk. (TBIG) scored a good performance in semester I / 2020. Based on the financial reports per June 2020. Tower Bersama Infrastructure posted a net profit of IDR510.48 billion as of June 2020. Growing 33.58 percent year on year (yoy) compared to.

Minutes of Usage Indosat. One of the telecommunications service providers and telecommunications networks in Indonesia. Indosat Tbk (ISAT) recorded an increase in revenue throughout the first semester of 2020 in line with improved operational performance. In the six months period ended June 29, 2020, ISAT recorded a 9.4% increase in revenue year on year (yoy).

Tenancy ratio encourages TBIG growth. One of the largest telecommunications tower providers in Indonesia, Tower Bersama Infrastructure Tbk (TBIG IJ). Is optimistic about achieving double digit growth in revenue. As well as net profit, and EBITDA this year. To pursue this growth, the company has allocate capital expenditure (capex). Of around IDR 2 trillion to.

As well as Adaro Energy Coking Coal Strategy. The depress coal price this year as the weakening demand. From the corona virus pandemic is expect to depress coal companies. Including Adaro Energy Tbk (ADRO IJ). This can be seen from ADRO financial performance throughout 1Q20. Furthermore, ADRO revenue decrease 11.3% YoY from USD 846.50 million.

Edwin Soeryadjaya Buyback Saratoga. An investment company and one of the largest conglomerates in Indonesia. Saratoga Investama Sedaya Tbk (SRTG IJ). President Commissioner of the company, Edwin Soeryadjaya bought 15.83 million shares of the company in the last two weeks. Base on Saratoga’s report on the company’s share.

XL Axiata 5G Network. As well as, XL Axiata Tbk (EXCL IJ) mentioned that the process of working on the 5G and Internet of Thing (IoT) XL Axiata project is still ongoing amid the pandemic. Previously, the Ministry of Communication and Information Technology (Kemenkominfo) stated that it had encountered obstacles in working on cellular operator.

Automotive Industry Cash Flow. The impact of the Coronavirus COVID-19 global pandemic on the automotive sector is very serious. A number of brand holder agents (APM) stop operations and reduced production.