ASII acquire better financial performance last year. It tends to share higher dividend. But the stock price was going down due to negative sentiment regarded ESAF scandal. BYD also become prominent rival starting in 2024. Dont you think that the stock will rebound due to its dividend cumdate? Let we see!
anthonykal
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ASII management get impact from previous ESAF scandal and DAIHATSU, will impact further in 2024 (2023 Q4 still ok, storm start from Q1-Q4 2024)
sahamihsg
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@anthonykal, after ESAF, motorcycle sales increased. Daihatsu scandal has little impact for ASII as export from Indonesia has resumed since late dec. ASII will probably sideways a bit, let's see if pattern will be respected in 2024.
kurniawan01
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also the coming of BYD in Indo is potentially grab the market of ASII. Hopefully the candle can still follow the pattern