Key Indices


Top Stories
Small/Mid Cap Highlights | Singaraja Putra (SINI IJ/NOT RATED/Rp18,300)
- SINI has completed its pivot from wood processing to coal, following the KMS acquisition and the sale of its 54% stake in IKN. The Rp3.61t rights issue restored equity to Rp3.52t from negative equity. Coal production volume is expected to increase from 2.4mt to 14.4mt by 2031, implying a five-year CAGR of 43.1%. SINI now has five coal concessions, while CUAN's potential takeover could accelerate integration with PTRO's mining-services capabilities.
Technical Analysis
Energi Mega Persada | ENRG IJ
- Trading Buy Range: We have a technical Buy at Rp1,410, and take profit at Rp1,480.
Dian Swastatika Sentosa | DSSA IJ
- Trading Buy Range: We have a technical Buy at Rp1,115, and take profit at Rp1,200.
Top Stories
Small/Mid Cap Highlights | Singaraja Putra (SINI IJ/NOT RATED/Rp18,300)
- SINI has completed its pivot from wood processing to coal, following the KMS acquisition and the sale of its 54% stake in IKN. The Rp3.61t rights issue restored equity to Rp3.52t from negative equity. Coal production volume is expected to increase from 2.4mt to 14.4mt by 2031, implying a five-year CAGR of 43.1%. SINI now has five coal concessions, while CUAN's potential takeover could accelerate integration with PTRO's mining-services capabilities.
Technical Analysis
Energi Mega Persada | ENRG IJ
- Trading Buy Range: We have a technical Buy at Rp1,410, and take profit at Rp1,480.
Dian Swastatika Sentosa | DSSA IJ
- Trading Buy Range: We have a technical Buy at Rp1,115, and take profit at Rp1,200.
Key Indices


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