Covid-19 Pandemics, recession, US elections and other issues are causing a Big Reset and the implications to Indonesia which are:
1) Favorable Outcome of US Election but not a Blue Wave Scenario;
2) Flatening COVID-19 case in for EM, better than 3rd Wave in Developed Countries;
3) Omnibus Law as the big reset of the new beginning era for Indonesia;
4) Recovery Expectation on leading indicators of Indonesia Economy ;
5) Potential Inflow from foreigner and switching from bond market;
6) Lucrative Valuation for JCI, traded below regional peers and mean PE 5 years;
Therefore MNCS has prepared a Strategy Guidance for investments in 2021 in which MNCS has set the JCI Index for 2021 at 6,320 for the base scenario as well as 12 Top Preffered Stocks.
Disclaimer On
