Pinning hopes on a successful Covid-19 vaccination programme, we expect media ad spend recovery to sustain into 2H21F and support SCMA’s revenue The ongoing Olympics helped return paid subs to Vidio. The upcoming sports content on Vidio will be the.....

We expect Indonesia to enter a manufacturing investment cycle with an increase in the demand for industrial land in FY22F. Subang is likely to attract long-term and export-oriented industries, i.e. auto and pharmaceuticals, after Grand Batang indus....

We forecast SSIA to register a presales CAGR of 131% in FY20-23F, supported by Subang IE (i.e. Subang Smartpolitan). Subang IE could attract long-term export-oriented investments in Java. We expect SSIA to turn profitable in FY22F, driven by impro....

DMAS booked a Rp294bn core NP (+208% yoy) in 1H21; in line. We view challenging industrial land volume growth outlook leading to presales growth decline until FY23F. DMAS currently trades at a relatively higher valuation to SSIA. Meanwhile, its pre....

Around 55% of adults in the United States invest in individual stocks. We think the new generation of online stock trading platforms in emerging markets are well placed to capitalise on this retail gap due to their streamlined processes and low margi...

2Q21 NP surged 707% yoy on a low base, beating Bloomberg consensus expectation but in line with our forecast. Given the surge in Covid-19 cases in mid-Jun to Jul, HEAL raised its 2021F EBITDA growth guidance to 50% yoy; we believe it could easily be....