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
It's the ideal tool to help you make quicker, more informed decisions for
managing and tracking your investments.
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)