Indosat

PT Indosat is an Indonesian telecommunications network and service provider. Co.'s principal products and services include Cellular services in which Co. provides Global System for Mobile Communications 900 and 1800 cellular services; Fixed telecommunications services in which Co. provides international long-distance services in Indonesia; and MIDI services in which Co. provides broadband and narrowband fixed data services, including frame relay services, Very Small Aperture Terminal services, leased circuits and Internet services, through Lintasarta, PT Indosat Mega Media to corporate and retail customers and wholesalers.
  • TickerISAT
  • ISINID1000097405
  • ExchangeIndonesian Stock Exchange
  • SectorMobile Telecommunications
  • CountryIndonesia
ISAT INDOSAT (Telecommunications)

INDOSAT increases its risk exposure and slightly lowers to Neutral

INDOSAT (ID), a company active in the Mobile Telecommunications industry, now shows a lower overall rating. The independent financial analyst theScreener confirms the fundamental rating of 2 out of 4 stars. However, the market behaviour deterioration triggered a risk requalification, which can be thus described as moderately risky. theScreener believes that increased risk justifies the general evaluation downgrade to Neutral. As of the analysis date October 8, 2021, the closing price was IDR 6,350.00 and its expected value was estimated at IDR 6,476.06.

Chris Hoare
  • Chris Hoare
ISAT INDOSAT (Telecommunications)
2743003Z PROFESIONAL TEL...

New Street: Indonesian Mobile Improving environment and Enterprise op...

Q2 was a good quarter overall for the Indonesian telco market with both service revenues and EBITDA trends improving. We think improvements should continue, supported by an improving competition as well as by Enterprise revenues.

Selvi Ocktaviani
  • Selvi Ocktaviani
ISAT INDOSAT (Telecommunications)

Indosat (ISAT IJ) - Merger Effect Priced In; Downgrade To HOLD

ISAT’s merger plan has pushed share price to +1SD of its 5-year EV/EBITDA since the plan came out. We believe the market has priced in the merger effect and potentially pushed back share price downward to its average multiple. The only short-term catalyst worth watching is the potential dividend yield of up to 13% from tower sales to existing shareholders before the merger is completed. Downgrade to HOLD. Cut target price of Rp7,350 as we shift our valuation horizon to 2022 EBITDA.

Maskun Ramli ... (+2)
  • Maskun Ramli
  • Selvi Ocktaviani
ISAT INDOSAT (Telecommunications)

Indonesia Daily - Friday, September 24, 2021

Indosat (ISAT IJ/HOLD/Rp6,700/Target: Rp7,350): Merger effect priced in. Downgrade to HOLD. TRADERS’ CORNER Bukalapak.com (BUKA IJ): Technical BUY Bumi Resources Mineral (BRMS IJ): Technical BUY

Chris Hoare
  • Chris Hoare
ISAT INDOSAT (Telecommunications)

New Street: Indosat (u/r) Feedback from small group call with IR

We had a very bullish call this evening Jakarta time with Indosat. Competition has eased in Q3, and the company is confident on their ability to deliver on synergies in the merger with Hutchison.

ISAT INDOSAT (Telecommunications)

INDOSAT increases its risk exposure and slightly lowers to Neutral

INDOSAT (ID), a company active in the Mobile Telecommunications industry, now shows a lower overall rating. The independent financial analyst theScreener confirms the fundamental rating of 2 out of 4 stars. However, the market behaviour deterioration triggered a risk requalification, which can be thus described as moderately risky. theScreener believes that increased risk justifies the general evaluation downgrade to Neutral. As of the analysis date October 8, 2021, the closing price was IDR 6,350.00 and its expected value was estimated at IDR 6,476.06.

Chris Hoare
  • Chris Hoare
ISAT INDOSAT (Telecommunications)
2743003Z PROFESIONAL TEL...

New Street: Indonesian Mobile Improving environment and Enterprise op...

Q2 was a good quarter overall for the Indonesian telco market with both service revenues and EBITDA trends improving. We think improvements should continue, supported by an improving competition as well as by Enterprise revenues.

Selvi Ocktaviani
  • Selvi Ocktaviani
ISAT INDOSAT (Telecommunications)

Indosat (ISAT IJ) - Merger Effect Priced In; Downgrade To HOLD

ISAT’s merger plan has pushed share price to +1SD of its 5-year EV/EBITDA since the plan came out. We believe the market has priced in the merger effect and potentially pushed back share price downward to its average multiple. The only short-term catalyst worth watching is the potential dividend yield of up to 13% from tower sales to existing shareholders before the merger is completed. Downgrade to HOLD. Cut target price of Rp7,350 as we shift our valuation horizon to 2022 EBITDA.

Maskun Ramli ... (+2)
  • Maskun Ramli
  • Selvi Ocktaviani
ISAT INDOSAT (Telecommunications)

Indonesia Daily - Friday, September 24, 2021

Indosat (ISAT IJ/HOLD/Rp6,700/Target: Rp7,350): Merger effect priced in. Downgrade to HOLD. TRADERS’ CORNER Bukalapak.com (BUKA IJ): Technical BUY Bumi Resources Mineral (BRMS IJ): Technical BUY

Chris Hoare
  • Chris Hoare
ISAT INDOSAT (Telecommunications)

New Street: Indosat (u/r) Feedback from small group call with IR

We had a very bullish call this evening Jakarta time with Indosat. Competition has eased in Q3, and the company is confident on their ability to deliver on synergies in the merger with Hutchison.

ISAT INDOSAT (Telecommunications)

INDOSAT increases its risk exposure and slightly lowers to Neutral

INDOSAT (ID), a company active in the Mobile Telecommunications industry, now shows a lower overall rating. The independent financial analyst theScreener confirms the fundamental rating of 2 out of 4 stars. However, the market behaviour deterioration triggered a risk requalification, which can be thus described as moderately risky. theScreener believes that increased risk justifies the general evaluation downgrade to Neutral. As of the analysis date October 8, 2021, the closing price was IDR 6,350.00 and its expected value was estimated at IDR 6,476.06.

Chris Hoare
  • Chris Hoare
ISAT INDOSAT (Telecommunications)
2743003Z PROFESIONAL TEL...

New Street: Indonesian Mobile Improving environment and Enterprise op...

Q2 was a good quarter overall for the Indonesian telco market with both service revenues and EBITDA trends improving. We think improvements should continue, supported by an improving competition as well as by Enterprise revenues.

Selvi Ocktaviani
  • Selvi Ocktaviani
ISAT INDOSAT (Telecommunications)

Indosat (ISAT IJ) - Merger Effect Priced In; Downgrade To HOLD

ISAT’s merger plan has pushed share price to +1SD of its 5-year EV/EBITDA since the plan came out. We believe the market has priced in the merger effect and potentially pushed back share price downward to its average multiple. The only short-term catalyst worth watching is the potential dividend yield of up to 13% from tower sales to existing shareholders before the merger is completed. Downgrade to HOLD. Cut target price of Rp7,350 as we shift our valuation horizon to 2022 EBITDA.

Maskun Ramli ... (+2)
  • Maskun Ramli
  • Selvi Ocktaviani
ISAT INDOSAT (Telecommunications)

Indonesia Daily - Friday, September 24, 2021

Indosat (ISAT IJ/HOLD/Rp6,700/Target: Rp7,350): Merger effect priced in. Downgrade to HOLD. TRADERS’ CORNER Bukalapak.com (BUKA IJ): Technical BUY Bumi Resources Mineral (BRMS IJ): Technical BUY

Chris Hoare
  • Chris Hoare
ISAT INDOSAT (Telecommunications)

New Street: Indosat (u/r) Feedback from small group call with IR

We had a very bullish call this evening Jakarta time with Indosat. Competition has eased in Q3, and the company is confident on their ability to deliver on synergies in the merger with Hutchison.

ISAT INDOSAT (Telecommunications)

INDOSAT increases its risk exposure and slightly lowers to Neutral

INDOSAT (ID), a company active in the Mobile Telecommunications industry, now shows a lower overall rating. The independent financial analyst theScreener confirms the fundamental rating of 2 out of 4 stars. However, the market behaviour deterioration triggered a risk requalification, which can be thus described as moderately risky. theScreener believes that increased risk justifies the general evaluation downgrade to Neutral. As of the analysis date October 8, 2021, the closing price was IDR 6,350.00 and its expected value was estimated at IDR 6,476.06.

Chris Hoare
  • Chris Hoare
ISAT INDOSAT (Telecommunications)
2743003Z PROFESIONAL TEL...

New Street: Indonesian Mobile Improving environment and Enterprise op...

Q2 was a good quarter overall for the Indonesian telco market with both service revenues and EBITDA trends improving. We think improvements should continue, supported by an improving competition as well as by Enterprise revenues.

Selvi Ocktaviani
  • Selvi Ocktaviani
ISAT INDOSAT (Telecommunications)

Indosat (ISAT IJ) - Merger Effect Priced In; Downgrade To HOLD

ISAT’s merger plan has pushed share price to +1SD of its 5-year EV/EBITDA since the plan came out. We believe the market has priced in the merger effect and potentially pushed back share price downward to its average multiple. The only short-term catalyst worth watching is the potential dividend yield of up to 13% from tower sales to existing shareholders before the merger is completed. Downgrade to HOLD. Cut target price of Rp7,350 as we shift our valuation horizon to 2022 EBITDA.

Maskun Ramli ... (+2)
  • Maskun Ramli
  • Selvi Ocktaviani
ISAT INDOSAT (Telecommunications)

Indonesia Daily - Friday, September 24, 2021

Indosat (ISAT IJ/HOLD/Rp6,700/Target: Rp7,350): Merger effect priced in. Downgrade to HOLD. TRADERS’ CORNER Bukalapak.com (BUKA IJ): Technical BUY Bumi Resources Mineral (BRMS IJ): Technical BUY

Chris Hoare
  • Chris Hoare
ISAT INDOSAT (Telecommunications)

New Street: Indosat (u/r) Feedback from small group call with IR

We had a very bullish call this evening Jakarta time with Indosat. Competition has eased in Q3, and the company is confident on their ability to deliver on synergies in the merger with Hutchison.

ISAT INDOSAT (Telecommunications)

INDOSAT increases its risk exposure and slightly lowers to Neutral

INDOSAT (ID), a company active in the Mobile Telecommunications industry, now shows a lower overall rating. The independent financial analyst theScreener confirms the fundamental rating of 2 out of 4 stars. However, the market behaviour deterioration triggered a risk requalification, which can be thus described as moderately risky. theScreener believes that increased risk justifies the general evaluation downgrade to Neutral. As of the analysis date October 8, 2021, the closing price was IDR 6,350.00 and its expected value was estimated at IDR 6,476.06.

Chris Hoare
  • Chris Hoare
ISAT INDOSAT (Telecommunications)
2743003Z PROFESIONAL TEL...

New Street: Indonesian Mobile Improving environment and Enterprise op...

Q2 was a good quarter overall for the Indonesian telco market with both service revenues and EBITDA trends improving. We think improvements should continue, supported by an improving competition as well as by Enterprise revenues.

Selvi Ocktaviani
  • Selvi Ocktaviani
ISAT INDOSAT (Telecommunications)

Indosat (ISAT IJ) - Merger Effect Priced In; Downgrade To HOLD

ISAT’s merger plan has pushed share price to +1SD of its 5-year EV/EBITDA since the plan came out. We believe the market has priced in the merger effect and potentially pushed back share price downward to its average multiple. The only short-term catalyst worth watching is the potential dividend yield of up to 13% from tower sales to existing shareholders before the merger is completed. Downgrade to HOLD. Cut target price of Rp7,350 as we shift our valuation horizon to 2022 EBITDA.

Maskun Ramli ... (+2)
  • Maskun Ramli
  • Selvi Ocktaviani
ISAT INDOSAT (Telecommunications)

Indonesia Daily - Friday, September 24, 2021

Indosat (ISAT IJ/HOLD/Rp6,700/Target: Rp7,350): Merger effect priced in. Downgrade to HOLD. TRADERS’ CORNER Bukalapak.com (BUKA IJ): Technical BUY Bumi Resources Mineral (BRMS IJ): Technical BUY

Chris Hoare
  • Chris Hoare
ISAT INDOSAT (Telecommunications)

New Street: Indosat (u/r) Feedback from small group call with IR

We had a very bullish call this evening Jakarta time with Indosat. Competition has eased in Q3, and the company is confident on their ability to deliver on synergies in the merger with Hutchison.

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