Erajaya Swasembada (ERAA IJ)
Analyst: Chandra Pasaribu
BUY / TP: IDR:2,075 (+91.2%)
Beyond handset retailer
• Weak 1Q19 with recovery to follow in 2H19
• Principle support to trim down inventory
• Retailer beyond handsets
• Continue to push expansion
• Maintain BUY