TINS: Production of Fuming Smelter July 2019. Timah (Persero), TBK (TINS) strategy in developing the processing and refining facilities of mineral (smelter) technology Ausmelt and fuming began to show the.
Read More...WIKA Build Satellite City. In addition to its focus on infrastructure projects, Wijaya Karya (Persero), Tbk (WIKA IJ) plans to work on hundreds of trillions of projects. The project consists of a satellite city.
Read More...United Tractors Capital Expenditure USD220Mn. United Tractors, TBK (UNTR IJ) has been hitting 30% of the capital expenditure (capex) in 1Q19 or USD220Mn. Apart from this, UNTR set up capex 2019 of USD700Mn – USD800Mn. United Tractors Corporate Secretary, Sara K.
Read More...Adaro Leader The Pack. Buy initiation; target price Rp2,900. Our Buy recommendation hinges upon ADRO’s, First, strong exposure to the domestic coal market, Second, proven record for production growth, Third, sizeable coal reserves, and Fourth, financing capability for expansion. As well as, our end-2011 DCF target price is Rp2,900, which implies 16.3x 2012F earnings. Furthermore,.
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