Key Indices


Top Stories
Company Results | GoTo Gojek Tokopedia (GOTO IJ/BUY/Rp24/Target: Rp60)
- GOTO delivered solid profit growth despite the take-rate cut, with 9M26 adjusted EBITDA up 115% yoy and 2026 guidance raised to Rp3.5t-3.7t from Rp3.2t-3.4t. The company also stepped up its buyback after the price floor removal, spending Rp985b on about 3% of outstanding shares, with Rp2.5t still available until Jun 27. Maintain BUY with an unchanged target price of Rp60 as we await clarity on whether the 8% commission cap will be extended to delivery.
Technical Analysis
Alamtri Minerals Indonesia | ADMR IJ
- Trading Buy Range: We have a technical Buy at Rp1,245, and take profit at Rp1,330.
Perusahaan Gas Negara | PGAS IJ
- Trading Buy Range: We have a technical Buy at Rp1,315, and take profit at Rp1,395.
Top Stories
Company Results | GoTo Gojek Tokopedia (GOTO IJ/BUY/Rp24/Target: Rp60)
- GOTO delivered solid profit growth despite the take-rate cut, with 9M26 adjusted EBITDA up 115% yoy and 2026 guidance raised to Rp3.5t-3.7t from Rp3.2t-3.4t. The company also stepped up its buyback after the price floor removal, spending Rp985b on about 3% of outstanding shares, with Rp2.5t still available until Jun 27. Maintain BUY with an unchanged target price of Rp60 as we await clarity on whether the 8% commission cap will be extended to delivery.
Technical Analysis
Alamtri Minerals Indonesia | ADMR IJ
- Trading Buy Range: We have a technical Buy at Rp1,245, and take profit at Rp1,330.
Perusahaan Gas Negara | PGAS IJ
- Trading Buy Range: We have a technical Buy at Rp1,315, and take profit at Rp1,395.
Key Indices


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