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04 Sep 2026

XA Update Report | PT PT ITSEC Asia Tbk. (CYBR) – Pipeline Compounds, Delivery Skews 2H — Maintain BUY

XA Update Report | PT PT ITSEC Asia Tbk. (CYBR) - Pipeline Compounds, Delivery Skews 2H — Maintain

01 Sep 2026

XA Update Report | Pakuwon Jati Tbk. (PWON) – Recurring Income Buoys Performance

XA Update Report | Pakuwon Jati Tbk. (PWON) - Recurring Income Buoys Performance     By Axell

01 Sep 2026

XA Update Report | PT Japfa Comfeed Indonesia Tbk. (JPFA) – 1H26 Earnings Took Flight, but 2Q26 Margins Retreat

XA Update Report | PT Japfa Comfeed Indonesia Tbk. (JPFA) - 1H26 Earnings Took Flight, but 2Q26 Margins

01 Sep 2026

XA Update Report | PT Bank Amar Indonesia Tbk. (AMAR) – Growth Momentum Intact – Positioning for the Next Leg of Expansion

XA Update Report | PT Bank Amar Indonesia Tbk. (AMAR) - Growth Momentum Intact – Positioning for the Next Leg of

19 Aug 2026

XA Update Report | PT Kalbe Farma Tbk. (KLBF) – Healthy Top-Line Growth Holds the Line, Margins Still Feel the Pinch

XA Update Report | PT Kalbe Farma Tbk. (KLBF) - Healthy Top-Line Growth Holds the Line, Margins Still Feel the

14 Aug 2026

XA Update Report | PT Industri Jamu Dan Farmasi Sido Muncul Tbk. (SIDO) – Second Guidance Cut, Downside Priced In

XA Update Report | PT Industri Jamu Dan Farmasi Sido Muncul Tbk. (SIDO) - Second Guidance Cut, Downside Priced

13 Aug 2026

XA Update Report | PT Bank Negara Indonesia Tbk. (BBNI) – 1H26 | 2Q26: Strong Wholesale Growth Supports Core Profitability Despite Rising NIM Pressure and Funding Costs

XA Update Report | PT Bank Negara Indonesia Tbk. (BBNI) - 1H26 | 2Q26: Strong Wholesale Growth Supports Core

12 Aug 2026

XA Update Report | PT Telekomunikasi Indonesia Tbk. (TLKM) – 1H26 | 2Q26: ARPU Recovery Gains Momentum, Supporting Revenue Recovery

XA Update Report | PT Telekomunikasi Indonesia Tbk. (TLKM) - 1H26 | 2Q26: ARPU Recovery Gains Momentum, Supporting

12 Aug 2026

XA Update Report | United Tractors Tbk. (UNTR) – Gold Restart Anchors Recovery

XA Update Report | United Tractors Tbk. (UNTR) - Gold Restart Anchors Recovery     By Axell

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