|Bid||27.18 x 800|
|Ask||27.84 x 800|
|Day's Range||27.44 - 27.82|
|52 Week Range||21.75 - 28.57|
|Beta (3Y Monthly)||-0.15|
|PE Ratio (TTM)||21.22|
|Forward Dividend & Yield||0.96 (3.50%)|
|1y Target Est||27.26|
Banks and construction companies may gain more than others as the incumbent is likely to carry on the $350 billion infrastructure building boom that became a highlight of his first term, according to Jeffrosenberg Tan, strategist at PT Sinarmas Sekuritas. Investors, who have been underweight on Indonesia because of uncertainties surrounding the election, will return, he said. Widodo, known as Jokowi, is poised to win a second five-year term after unofficial quick counts by private pollsters showed him in a commanding lead over challenger Prabowo Subianto.
The manager of 6.6 trillion rupiah ($466 million) in assets is sticking to his strategy even after President Joko Widodo’s challenger, Prabowo Subianto, told Kompas.com in a report this week that his government will review infrastructure projects and may cancel some of them. “Even if Prabowo wins the presidency, his administration will have to face reality that this country needs to develop infrastructure massively,” Paul said in an interview Wednesday.
Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Telekomunikasi Indonesia (P.T.) and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers. This publication does not announce a credit rating action and is not an indication of whether or not a credit rating action is likely in the near future.
Here’s what investors and analysts suggest investors in the world’s fourth-most populous nation do. The odds of Prabowo Subianto upsetting incumbent Joko Widodo in the April 17 election have risen as the campaign heats up with a recent pre-poll survey showing the president’s chances of winning below 50 percent. Given how Mahathir Mohamad pulled off a surprise victory last year in neighboring Malaysia, investors may be advised to not put all their eggs in one basket, according to money managers and strategists.
Jemmy Paul, chief executive officer of PT Sucorinvest Asset Management with 6.6 trillion rupiah ($465 million) in assets, has been buying shares of some banks, PT Telekomunikasi Indonesia and PT Astra International as he expects foreign investors to increase their purchases of Indonesian stocks after the election, when he plans to book profits. “Whoever wins will have to deal with reality and economic development and growth will continue,” Paul said in a telephone interview.
The fourth quarter was a rough one for most investors, as fears of a rising interest rate environment in the U.S, a trade war with China, and a more or less stagnant Europe, weighed heavily on the minds of investors. Both the S&P 500 and Russell 2000 sank as a result, with the Russell 2000, […]
Indonesia "can't be paranoid" about curbing the use of Huawei's wireless technology over security concerns, as too many of its telecommunication companies are dependent on foreign equipment, communications minister Rudiantara told Reuters. China's Huawei, the world's top producer of telecoms gear, has been facing intense scrutiny over its ties with Beijing and allegations of enabling state espionage, with the United States calling on its allies to bar the use of the firm's technology.
Moody's Investors Service has affirmed the Baa1 domestic currency issuer rating of Telekomunikasi Indonesia (P.T.) (Telkom). At the same time, Moody's has also assigned a Baa1 long-term foreign currency issuer rating to Telkom. "Telkom's rating is one notch above the rating of the sovereign and reflects its standalone credit strength without any tangible uplift due to government ownership.
Moody's Investors Service has affirmed the Baa1 domestic currency issuer rating of Telekomunikasi Selular (P.T.) (Telkomsel). At the same time, Moody's has assigned a Baa1 long-term foreign currency issuer rating to Telkomsel. "Telkomsel's Baa1 ratings reflect the company's established position as Indonesia's largest wireless telecommunications operator, with an around 50% subscriber market share," says Nidhi Dhruv, a Moody's Vice President and Senior Analyst.
It is already common knowledge that individual investors do not usually have the necessary resources and abilities to properly research an investment opportunity. As a result, most investors pick their illusory “winners” by making a superficial analysis and research that leads to poor performance on aggregate. Since stock returns aren’t usually symmetrically distributed and index […]
For PT Telekomunikasi Indonesia, the first increase in data tariff in more than two years is a signal that the era of bruising industry price war has ended. Revenue at the mobile unit of Indonesia’s largest telecommunication services provider has been rising since May and a nationwide data price increase in July is set to sustain the momentum, according to Chief Financial Officer Harry Mozarta Zen. Telkom’s second-quarter net income slumped 45 percent with earnings before interest, taxes, depreciation and amortization margin sliding to its lowest since at least 2001, according to data compiled by Bloomberg.
This Thursday morning, WallStEquities.com looks at the performance of these four Diversified Communication Services stocks: Gogo Inc. (GOGO), GTT Communications Inc. (GTT), Intelsat S.A. (NYSE:I), and Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk (TLK).All you have to do is sign up today for this free limited time offer by clicking the link below. On Wednesday, shares in Chicago, Illinois headquartered Gogo Inc. recorded a trading volume of 927,066 shares. The Company's shares have gained 3.30% in the last month.
The largest telecom in Indonesia is experiencing strong headwinds from a weakened landline market, but growth in the wireless and broadband sectors should pick up that slack in the long run.