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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
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