Search result for: "consumer goods"

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.

POWR: Google Cloud Require Stable Power Supply. Google reaffirmed its plans to build a Cloud Region infrastructure in Indonesia, especially in Jakarta, which operated on 1H20. It is part of the company’s commitment.

Softex IPO worth IDR7Trn. The Indonesia Stock Exchange (IDX) reveal that it has met with new issuers management, Softex Indonesia, which conveys the interest to immediately perform an Initial Public Offering (IPO) on the exchange.

Perusahaan Gas Negara (Persero) Tbk (PGAS IJ) in collaboration with Pelabuhan Indonesia (Persero) III or Pelindo III, through their subsidiary, manage LNG.

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.

Unilever Indonesia, Tbk (UNVR IJ) has a strategy to boost their financial performance, i.e. one through divestment. The company decided it would divest business assets on the spreads. Corporate actions include intangible assets such as the sales and distribution of.

PT Matahari Department Store, Tbk (LPPF IJ) is plans to open 6 – 8 new outlets in 2018, since retail demand in 3Q2017 and 4Q2017 shows positive trend but has not fully recovered. Company is also has signed an agreement with Walt Disney, allowing Matahari Department Store to sell Disney-branded products. Previously, company has closed.

The company is having another up-to-50% sales promotion this month to reduce its excessively high 227 inventory days as of 9M15 – the highest among retailers under our retail coverage. Better Consumer Confidence Index in Dec 2015. Indonesia’s Consumer Confidence Index rose for the second time above 100 in Dec 2015 (Oct 2015: 99.3; Nov.

We initiate coverage on MNC Sky Vision with a SELL and DCF-derived IDR1,100 TP, implying 11.5x/10.7x FY15F/FY16F EV/EBITDA. FY14 performance has been poor as subs growth has been muted (2.5m subs). We expect only 4.0% additional subs growth in FY15 on domestic economic headwinds, piracy and a clean-up of subs. We see competition remaining fierce.

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.