Arsip: July 2018

Mandom Indonesia, Tbk (TCID:IJ) has allocated IDR200Bn capital expenditure in 2018, whereas IDR80Bn of which already spent in 1H18. In 2H18, the company plans to launch new product and buy production machine. However, the company hasn’t disclosed the detail of its new product launch. It also plans to strengthen their exports market to Indochina, relying.

Vale Indonesia, Tbk (INCO:IJ)’ production fell to 18,893 metric tonnes in 2Q18 from 20,107 tonnes in 2Q17. Decline in production was due to a delay in some planned maintenance activities to April from previously scheduled in March. Meanwhile, output was 17,141 tonnes in 1Q18. However, the company is still confident to meet FY18 production target.

Wijaya Karya Bangunan Gedung, Tbk (WEGE:IJ) already booked IDR11.77Trn of order book in 1H18, equals to 70.9% from its FY18 target of IDR16.6Trn (+28.2% YoY) from FY17 realization. The management stated that these contracts do not include the company’s new contract plan of IDR2.6Trn in July 2018. APLN and WIKA Gedung Topping Off Podomoro Golf.

Waskita Karya, Tbk (WSKT:IJ) is going to receive IDR15Trn in 2H18 from turnkey projects payment that includes IDR4Trn payment from Palembang LRT project with total contract of IDR10.9Trn. Moreover, the management stated that the toll divestment plans are still in progress. Currently, the company is still offering 2 of its tolls, namely Bekasi-Cawang-Kampung Melayu (Becakayu).

SCG Retail Holding Company Limited officially acquires 9.09% of Catur Sentosa Adiprana, Tbk (CSAP:IJ) through private placement scheme. SCG Group purchased 405.3Mn shares at IDR800/share. Through this corporate action, Catur Sentosa will receive additional IDR324Bn funds. The entry of SCG retail to the company will support the company’s plan to expand its retail business, Mitra.

Sentul City, Tbk (BKSL:IJ) is rated B2 with stable outlook by Moody’s. According to Moody’s, the company has a strategic and relatively cheap land bank that will put the company as a beneficiary of infrastructure development and can support the company’s sales growth for the next 12-18 months. As of 30 June 2018, the company.

Pulp and paper’s industry in Indonesia has the potential to growth, along with the paper’s needs remaining high, post the policy of reduction in the use of plastics waste once. The stock price of Indah Kiat Pulp and Paper, Tbk (INKP IJ) managed to obtain increases of 2,111% during five years. In fact, since the.