Corporate Updates

Indosat (ISAT IJ): Positive momentum post-merger

Indosat (ISAT IJ)
BUY / TP: IDR:9,700 (+34.7%)
Analyst: Chandra Pasaribu

Positive momentum post-merger
• Bottom line boosted from merger and gain on divestment
• Consolidation to benefit
• DCF valuation with new TP of IDR9,700
• Re-iterate BUY

Corporate Updates

Indosat (ISAT IJ): Positive momentum post-merger

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