In Riset

BNIS Daily Report of May 18, 2020

 

 

RESEARCH REPORT

WIKA: Cash is King

 

What’s New?

  • 1Q20 new contracts of Rp 2.5 trillion

 

Key Highlights:

  • 1Q20 new contracts represented 3.8% of 2020 target
  • Insignificant impact in material procurement
  • Construction is excluded in PSBB
  • Update on KCIC project
  • Maintain BUY with new TP of Rp 1,200

 

Analyst: Maxi Liesyaputra (maxi@bnisekuritas.co.id)

 

 

COMPANY/INDUSTRY UPDATE:

  • PT Semen Indonesia (Persero) Tbk (SMGR): 1Q20 Performance. BUY. Analyst: Maxi Liesyaputra.

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