Search result for: "Mayora Indah"

We initiate coverage on Surya Citra with a BUY and DCF-derived IDR3,400 TP, implying 29.0x/25.0x FY15F/FY16F P/Es. We believe local consumer firms will face macroeconomic headwinds in the near term, resulting in an ad spend slowdown in FY15. Yet, we do not think advertisers can cut ad spend for too long given Indonesia’s attractive structural.

The earnings of Wintermar Offshore Marine, Tbk (WINS IJ), a leading Indonesian OSV player, have risen consistently since its Nov 2010 IPO. It has beaten the JCI by 40% since the market peaked on 20 May 2013, buoyed by its sturdy fundamentals. As its 9M13 earnings beat our estimate, we expect alluring double-digit earnings growth.

Wintermar Offshore Marine (WINS) plans to have a non pre-emptive rights issue via convertible bonds and ordinary shares amounting to 340m shares, which is 9.56% of its enlarged equity. The convertible bonds issuance amounts to IDR95bn (IDR500/share; 190m shares) while the new shares amounting to IDR69bn (at least IDR461/share; 150m shares), bringing total funds of.

Being the largest bread manufacturer in Indonesia – supplying in our estimate some 90% of the mass market – PT Nippon Indosari Corpindo Tbk (Indosari) we believe is in the right position to fulfill huge demand in the segment. Backed up by strong shareholders, it is set to break out of its traditional markets in.

SRIL Generalized System of Preferences Facilities. Indonesia has just officially received an extension of the generalized system of preferences (GSP) facility from the United States (US). This decision was taken by the country of Uncle Sam through the United States Trade Representative (USTR) on Saturday.

Naughty by Nature Fast Food Indonesia. Kentucky Fried Chicken fast food outlet, from Fast Food Indonesia Tbk (FAST) presents a new, unusual concept. KFC Naughty by Nature is the name. In this newest restaurant locate on Jalan Senopati, KFC presents a fried chicken menu combine with a variety of side dishes other than.

OPMS Stock Buyback. Management of Optima Prima Metal Sinergi Tbk (OPMS IJ) is moving rapidly in realizing the stock buyback. So far the issuers are doing buy and sell iron and used vessels, it has been doing buyback of about 130.37 million.

WIKA: Middle East Projects are Normally Running. Corporations who have projects in the Middle East are in standby, amid the tensions between the US and Iran has not yet shown any signs of.

TPIA: Capex worth USD 430 Million Build Factory. Chandra Asri Petrochemical, Tbk (TPIA) allocates a capital expenditure (capex) worth USD 430 Million in 2020. The allocation of this capex increase by about 19%.

Retail company Sarinah Expansion to Saudi Arabia. Sarinah (Persero) will expand into the Saudi Arabia market next year. Develops two units of outlets in Jeddah and Mecca through cooperation with local partners. Director of Sarinah, Gusti Ngurah Putu Sugiarta Yasa said, business expansion to Saudi.