Pertamina Geothermal (PGEO IJ): Strong demand recovery
Pertamina Geothermal (PGEO IJ)
BUY / TP: IDR:970 (+22.8%)
Analyst: Chandra Pasaribu
Strong demand recovery
• Beating our numbers
• Encouraging growth in operation
• Strong balance sheet from IPO proceeds
• Minor upgrade, maintain BUY at TP IDR970
