Corporate Updates
Erajaya Swasembada (ERAA IJ): Further momentum from IMEI restriction
Erajaya Swasembada (ERAA IJ)
BUY / TP: IDR:685 (+33.0%)
Analyst: Chandra Pasaribu
Further momentum from IMEI restriction
• Continuous momentum from IMEI implementation
• Higher contribution from high-end segment
• Earnings upgrade
• We re-iterate our BUY rating