Astra Agro Lestari

P.T. Astra Agro Lestari is engaged in the agribusiness, specifically in the management of oil palm plantations and the production of palm oil. Co. is focused on the management of oil palm plantation with locations spread over Sumatra, Kalimantan, and Sulawesi in Indonesia, producing Crude Palm Oil (CPO) for the domestic and export markets. Apart from producing CPO, Co. also produces palm oil derivative products at its refinery established in West Sulawesi in Indonesia. These palm oil derivative products are for the export market.
  • TickerAALI
  • ISINID1000066004
  • ExchangeIndonesian Stock Exchange
  • SectorFood Producers
  • CountryIndonesia
AALI Astra Agro Lest... (Food & Beverage)

ASTRA AGRO LESTARI with less fundamental stars is reduced to Neutral

ASTRA AGRO LESTARI (ID), a company active in the Farming & Fishing industry, loses a star(s) at the fundamental level and sees its general evaluation downgraded. The independent financial analyst theScreener just removed a fundamental star(s) for a 3 over 4-star rating. As such, market behaviour remains unchanged and is evaluated as moderately risky. theScreener believes that the loss of a star(s) merits downgrade to the general evaluation of the title, which passes to Neutral. As of the analysis date October 19, 2021, the closing price was IDR 10,175.00 and its expected value was estimated at...

Jacquelyn Yow Hui Li ... (+2)
  • Jacquelyn Yow Hui Li
  • Leow Huey Chuen
AALI Astra Agro Lest... (Food & Beverage)

Astra Agro Lestari (AALI IJ) - Weak Share Price Performance Due to ESG...

AALI’s share price has dropped 34% ytd as compared with its peers. We reckon that one of the key reasons was mainly due to the ESG concern where Black Rock was accused of its inconsistent approach to sustainable investing and AALI was mentioned. Maintain HOLD with a target price of Rp8,140 as we expect some downward pressure due to lower foreign funds interest and our expectation of weakening CPO prices.

Jacquelyn Yow Hui Li ... (+4)
  • Jacquelyn Yow Hui Li
  • Leow Huey Chuen
  • Maskun Ramli
  • Raphon Prima
AALI Astra Agro Lest... (Food & Beverage)
TBLA Tunas Baru Lamp... (Telecommunications) ... (+4)

Indonesia Daily - Friday, July 16, 2021

Regional Plantation: Fast-growing renewable diesel production in the US and EU will directly benefit SBO and RSO. Palm oil will be an indirect beneficiary by taking a large share of the food and chemical markets. Telekomunikasi Indonesia (TLKM IJ/BUY/Rp3,130/Target: Rp4,300): TLKM's digital businesses encompass its data centre, Gojek and online media. TRADERS’ CORNER Bank Mandiri (BMRI IJ): Technical BUY United Tractors (UNTR IJ): Technical BUY

Jacquelyn Yow Hui Li ... (+2)
  • Jacquelyn Yow Hui Li
  • Leow Huey Chuen
AALI Astra Agro Lest... (Food & Beverage)

Astra Agro Lestari (AALI IJ) - 1Q21: Core Net Income Rose 49.2% yoy An...

AALI’s 1Q21 core net profit of Rp463b came in within our expectation, rising 49.2% yoy and 83.1% qoq. Lower CPO sales volume and production was recorded in 1Q21. Refined sales volume increased in 1Q21, benefitting from Indonesia’s export levy structure and the competitive pricing in relation to its Malaysia peers. We expect AALI to be able to continue with high CPO selling prices and higher CPO production growth. Maintain BUY with a target price of Rp14,400.

Jacquelyn Yow Hui Li ... (+3)
  • Jacquelyn Yow Hui Li
  • Leow Huey Chuen
  • Raphon Prima
AALI Astra Agro Lest... (Banks)
BBCA Bank Central As... (Food & Beverage) ... (+3)

Indonesia Daily - Friday, April 23, 2021

Sector Plantation Higher price volatility is expected as palm oil supply enters upcycle and new soybean planting season starts; return of foreign labour could mitigate losses in peak season. Results Astra Agro Lestari (AALI IJ/BUY/Rp9,475/Target: Rp14,400) 1Q21: Core net income rose 49.2% yoy and 83.1% qoq; in line. Bank Central Asia (BBCA IJ/HOLD/Rp31,075/Target: Rp34,000) 1Q21: Net profit increased 7% yoy; provision soared 49% yoy. Bank Tabungan Negara (BBTN IJ/BUY/Rp1,700/Target: Rp2,270) 1Q21: Net profit jumps 36.7% yoy due to drop in interest expenses.

AALI Astra Agro Lest... (Food & Beverage)

ASTRA AGRO LESTARI with less fundamental stars is reduced to Neutral

ASTRA AGRO LESTARI (ID), a company active in the Farming & Fishing industry, loses a star(s) at the fundamental level and sees its general evaluation downgraded. The independent financial analyst theScreener just removed a fundamental star(s) for a 3 over 4-star rating. As such, market behaviour remains unchanged and is evaluated as moderately risky. theScreener believes that the loss of a star(s) merits downgrade to the general evaluation of the title, which passes to Neutral. As of the analysis date October 19, 2021, the closing price was IDR 10,175.00 and its expected value was estimated at...

Jacquelyn Yow Hui Li ... (+2)
  • Jacquelyn Yow Hui Li
  • Leow Huey Chuen
AALI Astra Agro Lest... (Food & Beverage)

Astra Agro Lestari (AALI IJ) - Weak Share Price Performance Due to ESG...

AALI’s share price has dropped 34% ytd as compared with its peers. We reckon that one of the key reasons was mainly due to the ESG concern where Black Rock was accused of its inconsistent approach to sustainable investing and AALI was mentioned. Maintain HOLD with a target price of Rp8,140 as we expect some downward pressure due to lower foreign funds interest and our expectation of weakening CPO prices.

Jacquelyn Yow Hui Li ... (+4)
  • Jacquelyn Yow Hui Li
  • Leow Huey Chuen
  • Maskun Ramli
  • Raphon Prima
AALI Astra Agro Lest... (Food & Beverage)
TBLA Tunas Baru Lamp... (Telecommunications) ... (+4)

Indonesia Daily - Friday, July 16, 2021

Regional Plantation: Fast-growing renewable diesel production in the US and EU will directly benefit SBO and RSO. Palm oil will be an indirect beneficiary by taking a large share of the food and chemical markets. Telekomunikasi Indonesia (TLKM IJ/BUY/Rp3,130/Target: Rp4,300): TLKM's digital businesses encompass its data centre, Gojek and online media. TRADERS’ CORNER Bank Mandiri (BMRI IJ): Technical BUY United Tractors (UNTR IJ): Technical BUY

Jacquelyn Yow Hui Li ... (+2)
  • Jacquelyn Yow Hui Li
  • Leow Huey Chuen
AALI Astra Agro Lest... (Food & Beverage)

Astra Agro Lestari (AALI IJ) - 1Q21: Core Net Income Rose 49.2% yoy An...

AALI’s 1Q21 core net profit of Rp463b came in within our expectation, rising 49.2% yoy and 83.1% qoq. Lower CPO sales volume and production was recorded in 1Q21. Refined sales volume increased in 1Q21, benefitting from Indonesia’s export levy structure and the competitive pricing in relation to its Malaysia peers. We expect AALI to be able to continue with high CPO selling prices and higher CPO production growth. Maintain BUY with a target price of Rp14,400.

Jacquelyn Yow Hui Li ... (+3)
  • Jacquelyn Yow Hui Li
  • Leow Huey Chuen
  • Raphon Prima
AALI Astra Agro Lest... (Banks)
BBCA Bank Central As... (Food & Beverage) ... (+3)

Indonesia Daily - Friday, April 23, 2021

Sector Plantation Higher price volatility is expected as palm oil supply enters upcycle and new soybean planting season starts; return of foreign labour could mitigate losses in peak season. Results Astra Agro Lestari (AALI IJ/BUY/Rp9,475/Target: Rp14,400) 1Q21: Core net income rose 49.2% yoy and 83.1% qoq; in line. Bank Central Asia (BBCA IJ/HOLD/Rp31,075/Target: Rp34,000) 1Q21: Net profit increased 7% yoy; provision soared 49% yoy. Bank Tabungan Negara (BBTN IJ/BUY/Rp1,700/Target: Rp2,270) 1Q21: Net profit jumps 36.7% yoy due to drop in interest expenses.

AALI Astra Agro Lest... (Food & Beverage)

ASTRA AGRO LESTARI with less fundamental stars is reduced to Neutral

ASTRA AGRO LESTARI (ID), a company active in the Farming & Fishing industry, loses a star(s) at the fundamental level and sees its general evaluation downgraded. The independent financial analyst theScreener just removed a fundamental star(s) for a 3 over 4-star rating. As such, market behaviour remains unchanged and is evaluated as moderately risky. theScreener believes that the loss of a star(s) merits downgrade to the general evaluation of the title, which passes to Neutral. As of the analysis date October 19, 2021, the closing price was IDR 10,175.00 and its expected value was estimated at...

Jacquelyn Yow Hui Li ... (+2)
  • Jacquelyn Yow Hui Li
  • Leow Huey Chuen
AALI Astra Agro Lest... (Food & Beverage)

Astra Agro Lestari (AALI IJ) - Weak Share Price Performance Due to ESG...

AALI’s share price has dropped 34% ytd as compared with its peers. We reckon that one of the key reasons was mainly due to the ESG concern where Black Rock was accused of its inconsistent approach to sustainable investing and AALI was mentioned. Maintain HOLD with a target price of Rp8,140 as we expect some downward pressure due to lower foreign funds interest and our expectation of weakening CPO prices.

Jacquelyn Yow Hui Li ... (+4)
  • Jacquelyn Yow Hui Li
  • Leow Huey Chuen
  • Maskun Ramli
  • Raphon Prima
AALI Astra Agro Lest... (Food & Beverage)
TBLA Tunas Baru Lamp... (Telecommunications) ... (+4)

Indonesia Daily - Friday, July 16, 2021

Regional Plantation: Fast-growing renewable diesel production in the US and EU will directly benefit SBO and RSO. Palm oil will be an indirect beneficiary by taking a large share of the food and chemical markets. Telekomunikasi Indonesia (TLKM IJ/BUY/Rp3,130/Target: Rp4,300): TLKM's digital businesses encompass its data centre, Gojek and online media. TRADERS’ CORNER Bank Mandiri (BMRI IJ): Technical BUY United Tractors (UNTR IJ): Technical BUY

Jacquelyn Yow Hui Li ... (+2)
  • Jacquelyn Yow Hui Li
  • Leow Huey Chuen
AALI Astra Agro Lest... (Food & Beverage)

Astra Agro Lestari (AALI IJ) - 1Q21: Core Net Income Rose 49.2% yoy An...

AALI’s 1Q21 core net profit of Rp463b came in within our expectation, rising 49.2% yoy and 83.1% qoq. Lower CPO sales volume and production was recorded in 1Q21. Refined sales volume increased in 1Q21, benefitting from Indonesia’s export levy structure and the competitive pricing in relation to its Malaysia peers. We expect AALI to be able to continue with high CPO selling prices and higher CPO production growth. Maintain BUY with a target price of Rp14,400.

Jacquelyn Yow Hui Li ... (+3)
  • Jacquelyn Yow Hui Li
  • Leow Huey Chuen
  • Raphon Prima
AALI Astra Agro Lest... (Banks)
BBCA Bank Central As... (Food & Beverage) ... (+3)

Indonesia Daily - Friday, April 23, 2021

Sector Plantation Higher price volatility is expected as palm oil supply enters upcycle and new soybean planting season starts; return of foreign labour could mitigate losses in peak season. Results Astra Agro Lestari (AALI IJ/BUY/Rp9,475/Target: Rp14,400) 1Q21: Core net income rose 49.2% yoy and 83.1% qoq; in line. Bank Central Asia (BBCA IJ/HOLD/Rp31,075/Target: Rp34,000) 1Q21: Net profit increased 7% yoy; provision soared 49% yoy. Bank Tabungan Negara (BBTN IJ/BUY/Rp1,700/Target: Rp2,270) 1Q21: Net profit jumps 36.7% yoy due to drop in interest expenses.

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