Corporate Updates
Bumi Serpong Damai (BSDE IJ): 1H19 marketing sales: Within target
Bumi Serpong Damai (BSDE IJ)
Analyst: Yap Swie Cu
BUY / TP: IDR:1,700 (+13.3%)
1H19 marketing sales: Within target
• Still within target
• Sales decline in all segments
• New launches targeted to middle up segment
• Maintain BUY recommendation