Search result for: "buyback"

We maintain our BUY call on Link Net with an unchanged DCF-based IDR5,500 TP (30% upside) Our TP implies 7.4x FY16F EV/EBITDA, which is attractive given its 5-year EV/EBITDA CAGR of 13%. We also like its focus on driving net subs and overall penetration in the firm’s existing cities. In 2Q16, ARPU is expected to.

While its low-margin energy drink sales could still decline this year, sales volume of Sido’s high-margin flagship herbal medicine product, Tolak Angin, has rebounded strongly and its new herbal medicine product, Tolak Linu, has been gaining solid traction since its launch in Jun 2015. Sido would continue its share buyback as it had used only.

We reinitiate coverage of Ace Hardware Indonesia, Tbk (ACES IJ) with a NEUTRAL and a DCF-derived TP of IDR640, implying 20x/18x FY15/16F P/E. This year proves challenging due to a weak IDR vs USD which might erode ACES’ lifestyle product gross margin, increasing inventory days, while its aggressive store expansion plan might further lower its.

Wintermar Offshore Marine, Tbk (WINS IJ, BUY, TP: IDR1,200) will distribute USD2.705mn as dividend or 10% from FY13 net profit. The amount will translate into approximately IDR7.92/share and 0.67% yield by using yesterday’s closing price. The plan is subject to shareholders’ approval in the upcoming AGM on 5 June 2014. The scheduled cum date is.

WIKA booked a 55.7% net profit growth y-o-y in 1HFY13 to arrive at 50.5%/46.4% of the Company’s/our FY13 estimate respectively – in line. It is on track to unlock the value of subsidiary PT Wijaya Karya Beton (WIKA Beton) through an IPO that is slated to conclude in 2HFY13. We call for a BUY on.

We trim WINS’ FY13-FY14 earnings forecasts by 2% and 8% on the back of high crew costs due to the growing demand for expertise in the OSV market. Its recent announcement of a share buyback plan should lead to positive sentiments. 21 oil and gas (O&G) industry blocks tender rights which are mostly offshore this.