Erajaya Swasembada (ERAA IJ): Temporary speed bump
Erajaya Swasembada (ERAA IJ)
BUY / TP: IDR:550 (+19.6%)
Analyst: Chandra Pasaribu
Temporary speed bump
• iPhone 16 certification delayed
• Importers not likely to fill the void
• Expanding other retail business
• Re-iterate BUY call despite the regulatory speed bump