• Decent 4W volume in Aug-18
• Astra: back to >50% market share for two months in a row…
• … thanks to Rush and Terios outperformance
• Mitsubishi: Xpander continue 7k units/month sales near its maximum capacity
• Nissan: inadequate sales volume may prompt new model release
• Outlook: maintain NEUTRAL rating
INDUSTRY
• Cement industry targets sales volume of 26.3mn tonnes in Sep-Dec 2018
CORPORATE
• ANZ is rumored appoints Morgan Stanley to help selling stake in Bank Pan Indonesia (PNBN IJ)
• Waskita Karya (WSKT IJ) to paid off its IDR350bn bonds with internal cash
