Corporate Updates
United Tractors (UNTR IJ): Looking more optimistic
United Tractors (UNTR IJ)
BUY / TP: IDR:28,675 (+32.9%)
Analyst: Chandra Pasaribu
Looking more optimistic
• Overcoming competitive pressures
• Possible standstill in mining contracting.
• Muted gold and coal production
• Unchanged BUY call