WSKT – Sluggish Construction, FY19’s Outlook Is Grim
WSKT in 2019 obtained new contract of IDR26 trillion equal to 57.8% of the target as FY19's revenue and profit accounted
WSKT in 2019 obtained new contract of IDR26 trillion equal to 57.8% of the target as FY19's revenue and profit accounted
The data, internet, and IT service revenues posted a 12.8% YoY increase in sales as the operational expenses and
INCO succeeded to book FY19 revenue of USD782 million, increasing by 0.7% YoY equal to 104.4% (+4.4%) from our estimate
Lower Revenue FY19 revenue of IDR84.4 trillion (-0.2% YoY) equal to 97.5% of our 2019's estimate of IDR86.3 trillion.
FY19’s Unaudited Bottom Line Lowers than Estimate Based on FY19’s unaudited results, KLBF achieved the top-line of
Projection of Coal Prices We project ICE Newcastle coal (CV: 6,000 kcal/kg) for 2020F-2021F to fall short in the range
Initiative Coverage of Buy Rating with the Price Target of IDR2,000 over PT Erajaya Swasembada Tbk (ERAA) Our price
Recurring Income Dominating Largest Portion of Revenues PWON secured 3Q19's revenues of IDR1.7 trillion slightly
Stellar Performance MEDC succeeded to gain revenues of USD1.02 billion (+10.3% YoY), backed by the oil & gas