Search result for: "capital expenditures"

PT. Intiland Development, Tbk (DILD), a property issuers have bonds and the bank debt each valued at IDR 346 billion IDR 230 billion,  are due  in 2016. On the other hand, the company has submitted of bonds issuance plans at worth IDR 600 billion to the financial services authority (OJK), and is currently still waiting for effective statement. Through his efforts, its subsidiary’s Perkasa Lestari Permai (PLP), have debts totaling IDR 250 billion in PT Bank Mayapada International, Tbk (MAYA) in October 2015 and will be due in October this year. While bonds maturing worth IDR 346 billion of bonds, series A, was issued in July 2013. Surya.

UNTR’s FY12 net profit came in at IDR5.78trn (-2% y-o-y), which was 4.5% above estimate and in line with our forecast. Its FY12 consolidated sales totaled IDR55.95trn (+2% y-o-y, +27% q-o-q), 2.1% above our estimate, which we deem in line. We are upgrading UNTR to NEUTRAL based on the following reasons: i) we see upside.

Strengthened production arm IPOL targets to finish the installment of 20,000 tonnes new annual production capacity for new products, biaxially-oriented polyester (BOPET), in May. After commencement of the new plant, IPOL’s production capacity will increase by 25%. IPOL current annual capacity is at 80,000 tonnes for BOPP product line. The company expects the new machine.

We initiate coverage on Indonesia’s hospital sector with an Overweight Despite Indonesia’s growing healthcare spending, its hospital sector is still largely underserved compared to its ASEAN peers. With the increasing middle income class and the push of the Indonesian Government for a universal healthcare coverage, the structural growth opportunity for Indonesia’s hospital sector is tremendous.