BNIS Daily Report of December 4, 2019
RESEARCH REPORT
WEGE: Optimism for Achieving Target
Key Highlight:
- 10M19 new contracts of IDR 5.5 trillion
- Slight net profit growth in 9M19 performance
- Update on modular new contracts
- New TP of IDR 470
Analyst: Maxi Liesyaputra (maxi@bnisekuritas.co.id)
COMPANY/INDUSTRY UPDATE:
- PT Wijaya Karya Tbk (WIKA) Obtained Overseas Project in Senegal. BUY. Analyst: Maxi Liesyaputra.
- PT Erajaya Swasembada Tbk (ERAA) Extend its 15 New Outlets. BUY. Analyst: William Siregar.
