Astra Otoparts (AUTO IJ): Tactical play to cushion against slow sales

Astra Otoparts (AUTO IJ)
BUY / TP: IDR:3,400 (+47.2%)
Analyst: Alditya Galih Ramadhan

Tactical play to cushion against slow sales
• One-off sales are present, earnings still on track
• Offset soft sales via other income
• Continue its prudent cost management
• Flat performance is expected, valuation still attractive