Wednesday, December 27, 2017

Stock Picks for Today (December 28, 2017): PPRE.JK


PP Presisi (PPRE.JK)
  • Largest heavy equipment rental company in Indonesia (Having 1,500 heavy equipments inventory)
  • Massive infrastructure projects in Indonesia.
  • Revenue 2018 projected Rp 4,9 trillion or jump from 2017 (Rp 2,3 trillion - estimate) and 2016 (Rp 371 billion).
  • Net profit 2018 projected Rp 434 billion or jump from 2017 (Rp 89 billion - to August 2017) ) and 2016 (Rp 41 billion).
  • The company just get new contract for mining sector worth Rp 350 billion per year for 5 years in Sumatra.
  • Bullish trend.
See Also: United Rentals (URI)