For a more complete write-up, please check our PDF file. This research was published on 16 May 2023. Link: DMAS_PPT_EN PT Puradelta Lestari Tbk (IDX: DMAS) operates an Indonesia-based integrated industrial estate, commercial, and residential area located in Central Cikarang, Bekasi Regency, West Java. DMAS has five business segments: industrial, commercial, residential, rental, …
Link to PDF: Indonesia Telecommunication (MNO) Industry With MNO stocks falling, questions remain whether a buying opportunity arises. We believe that more rational competition, 5G’s arrival, and opportunities from fixed broadband & FMC initiative can help MNOs get back to their feet. First, SIM-registration policy and the shift from legacy business curbed MNOs’ …
Please visit this link for our full article posted on December 8th, 2022: Verizon: An Opportunity Too Good To Miss We believe that macroeconomic pressures, rising interest rates, and soft operational results put Verizon’s (NYSE: VZ) stock into a 12-year low. The shares are now trading at 6.3x forward EV/EBITDA, lower than T-Mobile (9.2x) …
Link to our full article posted on November 26th, 2022: T-Mobile: Growth Drivers Yet To Unfold, But The Stock Is Fairly Valued T-Mobile’s stock (NASDAQ: TMUS) has shown resilience during inflationary pressures and rising interest rates, which prompt a major sell-off in the equity market, and performed better than its peers. The stock is …
T-Mobile: Growth Drivers Yet To Unfold, But The Stock Is Fairly Valued Read More »
Link to our full article posted on November 16th, 2022: Adyen: Growing Company With Competitive Differentiation But Limited Upside Adyen (OTCPK: ADYEY) is an integrated payment processor, which takes both gateway and acquirer roles. Adyen initially solely focused on serving enterprises but is now shifting its focus on the underserved SMB market. In addition …
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IPO Preview $BELI – 28 October 2022 Link PDF: $BELI – IPO Preview PT Global Digital Niaga Tbk. (IDX: BELI) akan menjual 17.8 miliar lembar saham baru melalui IPO, dengan kisaran harga penawaran Rp410-460 per lembar saham (dikabarkan Rp450 per lembar saham). Bagaimana prospek $BELI ke depannya? $BELI memiliki empat segmen usaha, yaitu 1P (First Party), 3P …
IPO Preview: COAL – (Ditulis pada 16 August 2022 di Instagram @vektoresearch.id) Silakan kunjungi tautan PDF berikut ini: IPO Preview – COAL PT Black Diamond Resources Tbk (IDX: COAL) COAL merupakan perusahaan holding dari satu entitas anak, yaitu PT Dayak Membangun Pratama. Dari sisi keuangan, karena COAL baru saja mengakuisisi anak …
Seeking to Expand Its Wings Founded in 2000, PT Mora Telematika Indonesia Tbk (IDX: MORA), or Moratelindo, is an Indonesian privately-owned network access provider and internet service provider. It is owned by PT Gema Lintas Benua, PT Candrakarya Multikreasi, and PT Smart Telecom–a subsidiary of PT Smartfren Telecom Tbk (IDX: FREN). MORA owns five direct …
MORA: An Experienced Player in a Highly Competitive Industry (Repost) Read More »
GoTo: Growing in An Intense Competitive Landscape (Repost) Investment Thesis GoTo has faced intense competition from other players, such as Shopee and Grab. To stay competitive, GoTo is likely to remain aggressive in its promotional activities at the expense of massive operational expenditures. Based on the offering price, GoTo’s EV/Sales is much higher than its …
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