How does TLK's latest earnings surprise impact short-term trades?
4/4/2025 02:24pm
**Telekomunikasi Indonesia (TLK) latest earnings report reveals a mixed performance that could influence short-term trades in several ways**:
1. **Revenue Growth**: TLK reported a 0.9% increase in revenue for Q3 2024, reaching 11 billion rand. This modest growth might not significantly impact short-term trading dynamics, but it indicates stability, which could be positive for long-term investors.
2. **EBITDA Improvement**: The company's EBITDA rose by 28%, resulting in an EBITDA margin of 27.2%. This substantial improvement suggests better profitability, which might attract short-term traders looking for stocks with strong operational performance.
3. **Debt Reduction**: TLK reduced its interest-bearing debt by 2.7% to 12.6 billion rand. Lower debt levels typically reflect better financial health, potentially boosting investor confidence and attracting short-term trades.
4. **Market Performance**: TLK's stock experienced a significant decline of -33.87% from March 29, 2024, to March 29, 2025. This substantial drop could make the stock appear more attractive to short-term traders seeking bargains, despite the positive earnings indicators.
5. **Short-Term Outlook**: The company's optimistic outlook for the future, with a focus on a data-led approach and infrastructure investment, might encourage short-term trades expecting growth opportunities.
In conclusion, while TLK's latest earnings report shows positive signs of growth and improved financial health, the significant recent decline in stock price could make it an attractive option for short-term traders looking for undervalued stocks with potential for short-term gains. However, it's important to consider the broader market conditions and the company's long-term growth prospects when making trading decisions.