TLKM Indonesia (TLKM IJ): Continuous headwinds

TLKM Indonesia (TLKM IJ)
BUY / TP: IDR:3,720 (+22.7%)
Analyst: Chandra Pasaribu

Continuous headwinds
• Within expectation
• Operational numbers lack growth
• Strategies to create inflection point
• Re-iterate BUY with TP of IDR3,720