Alkindo Naratama (ALDO IJ): Bright future ahead

Alkindo Naratama (ALDO IJ)
BUY / TP: IDR:1,000 (+22.0%)
Analyst: Laras Nadira

Bright future ahead
• Unique business prospects
• ECO as growth catalyst
• Chemical business as supporter
• We initiate coverage with a BUY rating and a TP of IDR1,000