The 1st Technical Analysis (Resistance & Support) IPO Borneo Lumbung Energy / IPO BUMI R Mineral / KRAS / IPO APLN (Agung Podomoro)

IPO Borneo Lumbung Energy (26 Nov Rp 1.170, oversubcribed 7x): target Rp 1.500/1.750 dalam 3 bulan.

IPO PT Bumi Resources Mineral Tbk: Produsen emas, tembaga, seng, timah & biji besi. Beberapa anak usaha dibawah BRM: PT Citra Palu Minerals, PT Multi Capital (MDB & NNT), International Minerals Company LLC (PT Gorontalo Minerals), Calipso Investment Pte Ltd (Herald Resources, Gain and Win & DPM),  Lemington Investment Pte Ltd (Konblo Bumi Inc & Bumi Holding SAS) dan Bumi Resources Japan Company Ltd (Bumi Japan).
Harga Penawaran: Rp 625-635
Setiap pembelian 3 saham dapat 2 waran seri 1
Harga Penebusan warran 1 tgl 2 Juni: Rp 690-Rp 700
Underwriter: Danatama, Nomura
Co Lead: Sinar Mas Sec
Int'l Selling Agent: JP Morgan, Nomura

Valuasi akhir tahun 2010E:
EPS 2010E: Rp 48.49
PER 2010E: 12,89x
BV 2010E: Rp 1276
PBV 2010E: 0,49x

Rating by CTA (FA/TA/FL & BF): Buy/Overweight - Target Rp 890/960 untuk Sell on Rally (if Price at Rp 635 on 02/Dec)

 

KRAS Update: Chart 10 minutes (Esmart) 15.40 WIB> KRAS tertahan di resist 1.526 - Support 1.274 (pull back) by analisa CTA.

APLN Update: (10 Minutes by esmart) 15.40 WIB. Tertahan di resist 500 & support 401 (pull back) by analisa CTA.