Retail Stock AMRT Surges 59% Despite KDMP Project Concerns

JAKARTA, Investor.id – The development of the Koperasi Desa Merah Putih (KDMP) has been a drag on shares of PT Sumber Alfaria Trijaya Tbk (AMRT). In fact, the programme has not disrupted AMRT’s business to date, leaving the prospects for the Alfamart retail issuer’s stock strong with a high target price. Based on a meeting between two CLSA analysts, Jennifer Widjaja and Nicholas Mulya, and AMRT management, the programme has had no impact on AMRT’s business. Permits for new store openings are still being issued. “As such, AMRT is not actually affected by the KDMP,” CLSA wrote, as quoted on Sunday (28/6/2026).