WIKA April 2022

Contact our analyst Revita 25 April 2022 Price Rp 960 Target Price Rp 2160, Buy Investment Consideration Targeting IDR 42 trillion of new contracts In 2021 WIKA has total new contracts worth IDR 26.8 trillion, an increase of +15% yoy bringing the total order book to IDR 88.12 trillion which is a decrease from IDR […]

WIKA January 2023

Contact our analyst Revita 6 January 2023 Price Rp 765 Target Price Rp 2130 Investment Consideration 27.7 trillion new contracts booked In the first 11 months of 2022 WIKA booked new contracts valued at IDR 27.7 trillion or 69% of the revised annual target of IDR 39 trillion. The 11M22’s new contract total was up […]

WIKA August 2023

Contact our analyst Revita 21 August 2023 Price Rp 380 Target price Rp 366, SELL Investment Consideration 1H23 results disappointing WIKA continued to report disappointing results in 1H23, with a total net loss of IDR -1.88 trillion. The record loss in 2Q23, of IDR -1.36 trillion follows a loss of IDR -521 billion in 1Q23. […]