Search result for: "tlkm"

We initiate coverage of Link Net (LINK) with a BUY call and a DCF derived TP of IDR6,500, implying a 27x/21x FY15F/16F P/E. Link Net is one of the leading providers’ of cable broadband and pay TV in Indonesia with a network in affluent areas. As a leader in Broadband internet industry, LINK has a.

Tower Bersama Infrastructure (TBIG IJ, Neutral, TP: IDR8,600) is planning to conduct a non-preemptive rights issue for 479.65m shares (10%). This action is part of the share swap scheme with PT Dayamitra Telekomunikasi (Mitratel), subsidiary of Telekomunikasi Indonesia (TLKM IJ, BUY, TP: IDR3,200). Tower will also transfer its 53.29m treasury shares as part of the.

PT Telekomunikasi Indonesia (TLKM IJ, BUY, TP: IDR3,200) through its subsidiary of Telekomunikasi Indonesia International Australia Pty Ltd, acquired 75% of Contact Centres Australia (CCA) for AUD11 miilion. CCA is a business process outsourcing company (BPO) based in.

PT Telekomunikasi Indonesia (TLKM IJ, BUY, TP: IDR3,200) through its subsidiary of Telekomunikasi Indonesia International Australia Pty Ltd, acquired 75% of Contact Centres Australia (CCA) for AUD11 million. CCA is a business process outsourcing company (BPO) based in Sydney. On the other hand, TLKM also has developed a joint venture with Telstra Corporation Ltd for.

PT Telekomunikasi Indonesia (TLKM IJ, BUY, TP: IDR3,200) will soon wrap up the acquisition of 25% PT Tiphone Mobile Indonesia (TELE IJ, BUY, TP: IDR1,000) shares. TLKM through its subsidiary, PT PINS Indonesia, has acquired 1.11 bn shares of TELE (15%) for IDR876.7bn with Sales & Purchase Agreement (SPA) signed on 11 September 2014. Later.

PT Telekomunikasi Indonesia (TLKM IJ, BUY, TP: IDR3,200) is planning to expand to the Middle East by finding a strategic partner. The company will start in the Middle east with Mobile Virtual Network Operator (MVNO). Management also stated that the investment funds will be not taken from this year’s capex but rather from the company’s.

PT Telekomunikasi Indonesia (TLKM IJ, BUY, TP: IDR3,200) intends to expand its business to Silicon Valley, USA by collaborating with venture capitals such as Fenox Venture Capital. Fenox will act as mentor and mediator in the Corporate Venture Capital (CVC). TLKM will have to invest USD200m in gradual with USD25m as the initial investment phase..

Telekomunikasi Indonesia (TLKM IJ, BUY, TP: IDR2,650) is seeking IDR5trn of external fund by 3Q14 that will be used for expansion and refinancing purposes. The company allocates IDR20.5trn for FY14F capex where IDR12.3-14.35trn will be taken from internal cash and the rest from external fund. The company intends to install underwater communication cable system and.

The recent political development inside PDIP which led to the speculation that the party will endorse Jokowi as a presidential candidate is premature, in our view. But we believe Jokowi nomination will lower political uncertainties and positive for the financial markets. November 13 trade data also showed that fundamental economy of Indonesia is improving. Large.

While we are still cautious on Indonesia’s short-term equity market outlook owing to economic and political uncertainties, we are of the view that its long-term fundamentals are intact. We foresee 2014 GDP growth dipping to 5.4% while Bank Indonesia (BI) may have to raise the BI rate to 7.75-8.25%. As short-term macroeconomic fundamentals are weak,.