Ace Hardware Indonesia (ACES IJ): Weakening SSSG in Oct 2019
Ace Hardware Indonesia (ACES IJ) Analyst: Chelene Indriani HOLD / TP: IDR:1,770 (+3.2%) Weakening SSSG in Oct 2019 • Decelerating SSSG in Oct 2019 • Revenue is in line with our forecast • Strong customer loyalty • Re-iterate HOLD with TP of IDR1,770