WEGE March 2021

Contact our analyst Revita 30% upside.  4th March 2021 Current price Rp238 Target price Rp310  Targetting 39% new contract growthWEGE is targetting new contracts for 2021 of IDR 4,2 trillion, up 39% from its actual contract of IDR 3,037 trillion last year. 2020 was  revised from an initial target of IDR 14,9 trillion due to […]

WEGE February 2022

Contact our analyst Revita 66% upside. BUY 2nd February 2022 Current price Rp175 Target price Rp290 Targeting 157% YoY new contract growthWEGE is targetting new contracts for 2022 of IDR 7.1 trillion, significantly higher, +157%, than last year. The increase  is due to the postponement of new contracts from 2021 such as Public Facilities contracts, […]

WEGE December 2022

Contact our analyst Revita 102% upside. BUY 15th December, 2022 Current price Rp157 Target price Rp318 New contracts 60% of targetBy November, WEGE new contracts reached IDR.4.24 trillion or 60% of the 2022F target of IDR. 7.1 trillion. Based on the project owner, new contracts as of Nov 2022 consist of Private 43.57%, Gov 32.86%, […]

WEGE August 2023

Contact our analyst Revita 39% upside. BUY  31st August, 2023 Current price Rp97 Target price Rp129  Optimism in new targetsAs of 8M23, WEGE’s new contracts have reached IDR 2.7 trillion, hitting 54-68% of the 2023FY goal of IDR 4-5 trillion. Notably, total new contracts for 1H23 showed a significant increase compared to 1Q23, amounting to […]

WEGE December 2023

Contact our analyst Revita 8 December 2023 Price Rp 85 Target price Rp 95 Investment Consideration  New contracts in 10M23 increased by +301% Up to 10M23, WEGE secured a total of IDR 3.3 trillion new contracts, a significant increase compared to 1H23, IDR 826 billion. This growth was driven by a substantial contract from the […]

WEGE December 2024

Contact our analyst Eka 27 December 2024 Price Rp 63 Investment Consideration  New contracts in 11M24, 100% from external projects •As of 11M24, WEGE secured a total of IDR 2.1 trillion new contracts, added more IDR 230 billion from 9M2024, IDR 1.87 billion. WEGE has  achieve 42% from 2024 target new contract of IDR 5 […]