EXCL – Plans asset sales (IDR 240–300B) and LINK stake divestment (IDR 1.3–2T) post-merger. 2Q25 results (Aug 19) to show +14.9% YoY revenue but net loss from asset depreciation; cost savings of IDR 1.2–1.3T expected after 900MHz spectrum return. BUY, TP IDR 3,000 (+16.7% upside), foreign inflows IDR 573.7B YTD.PT XLSMART Telecom Sejahtera Tbk stock forum
EXCL – Plans asset sales (IDR 240–300B) and LINK stake divestment (IDR 1.3–2T) post-merger. 2Q25 results (Aug 19) to show +14.9% YoY revenue but net loss from asset depreciation; cost savings of IDR 1.2–1.3T expected after 900MHz spectrum return. BUY, TP IDR 3,000 (+16.7% upside), foreign inflows IDR 573.7B YTD.