
Top Stories
Small/Mid Cap Highlights | Blue Bird (BIRD IJ/NOT RATED/Rp1,555)
BIRD has evolved into a diversified mobility platform, with non-taxi businesses contributing 30% of revenue and growing faster than its core taxi segment. upported by disciplined fleet expansion, improving fleet productivity and strong recurring cash flow, the company is well positioned to deliver sustainable earnings growth. Trading at just 5.3x 2026F PE, offering an 8.6% dividend yield, BIRD’s valuation offers an attractive balance of growth and income.
Technical Analysis
Alamtri Resources Indonesia | ADRO IJ
Trading Buy Range: We have a technical Buy at Rp2,380, and take profit at Rp2,590.
Indika Energy | INDY IJ
Trading Buy Range: We have a technical Buy at Rp2,000, and take profit at Rp2,100.

Top Stories
Small/Mid Cap Highlights | Blue Bird (BIRD IJ/NOT RATED/Rp1,555)
BIRD has evolved into a diversified mobility platform, with non-taxi businesses contributing 30% of revenue and growing faster than its core taxi segment. upported by disciplined fleet expansion, improving fleet productivity and strong recurring cash flow, the company is well positioned to deliver sustainable earnings growth. Trading at just 5.3x 2026F PE, offering an 8.6% dividend yield, BIRD’s valuation offers an attractive balance of growth and income.
Technical Analysis
Alamtri Resources Indonesia | ADRO IJ
Trading Buy Range: We have a technical Buy at Rp2,380, and take profit at Rp2,590.
Indika Energy | INDY IJ
Trading Buy Range: We have a technical Buy at Rp2,000, and take profit at Rp2,100.
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