Opinions
The Panic-Proof Portfolio (Stockchase Research)
Telekomunik Indonesia P.T.
TLK-N
TOP PICK
Dec 26, 2024
$16.410
Stock price when the opinion was issued
telephone utilities
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TLK is the top provider of telecommunication services in Indonesia with almost 160 million mobile users. Recently reported revenues were up 29% on the year, while the company is rolling out 4G and 5G infrastructure. The robust dividend is backed by a payout ratio under 80% of cash flow. We recommend setting a stop-loss at $12, looking to achieve $22 -- upside potential of 33%. Yield 6.9%
(Analysts’ price target is $22.30)