BNIS Daily Report of January 16, 2020
Banking Sector: Better Earning Growth
- Low to mid double digit earnings growth in 2020F
- Manageable loan quality
- Expect to see more M&A activities
Analyst: Posmarito Pakpahan (email@example.com)
- PT Ace Hardware Indonesia Tbk (ACES): Budgeting Capital Expenditure (capex) of Rp150Bn this year. SELL. Analyst: William Siregar.