Surya Semesta Internusa (SSIA IJ): Uncertainty constrains monetization potential

Surya Semesta Internusa (SSIA IJ)
BUY / TP: IDR:1,770 (+16.8%)
Analyst: Yap Swie Cu

Uncertainty constrains monetization potential
• Conservative projection on industrial land sales booking
• Moderate construction outlook, hospitality business set for a turnaround
• Re-iterate BUY with lower TP of IDR1,770 on slower monetization expectation