Wednesday, June 22, 2011

Laporan & Rumor Saham Indonesia 22-06 (Refresh)

2nd session on JCI 22.06.11
@ 3,821.832 (+26.893pts) (+0.709%)
H: 3,822.419 ; L: 3,795.306
Value: 3.76 T (NG 500 B )
Volume: 61 M (NG 704 M )
Foreign Nett Buy: 528 B

5 most active stocks by value:
BUMI @ 3,200 (+3.23%)
ASII @ 60,000 (+1.52%)
BBRI @ 6,350 (0.00%)
UNTR @ 23,500 (+1.08%)
LPKR @ 660 (+1.54%)

5 most active stocks by volume:
ENRG @ 210 (+2.44%)
BNBR @ 71 (+2.90%)
DEWA @ 108 (+0.93%)
ELTY @ 148 (+0.68%)
LPKR @ 660 (+1.54%)

5 most up:
LAMI @ 220 (+27.17%)
CLPI @ 1,920 (+23.08%)
PEGE @ 275 (+17.02%)
INDS @ 4,550 (+15.92%)
OMRE @ 300 (+11.11%)

5 most down:
LPPS @ 75 (-47.92%)
CENT @ 140 (-26.32%)
PTSP @ 500 (-16.67%)
TFCO @ 540 (-12.90%)
AKKU @ 200 (-6.98%)

5 Leading Movers:
ASII @ 60,000 (+4.25%)
BBCA @ 7,300 (+2.85%)
BMRI @ 7,050 (+2.70%)
BUMI @ 3,200 (+2.43%)
BNII @ 570 (+1.95%)

5 Lagging Movers:
PGAS @ 4,000 (-0.70%)
TFCO @ 540 (-0.45%)
PTBA @ 20,750 (-0.40%)
EMTK @ 1,800 (-0.35%)
SMGR @ 9,650 (-0.34%)
Rgds,
Nadya Isnaeni Data administrator Research Dept BNI Securities

Dana Asing Parkir Rp 528 Miliar, IHSG Melaju 26 Poin 
http://finance.detik.com/read/2011/06/22/160741/1666227/6/dana-asing-parkir-rp-528-miliar-ihsg-melaju-26-poin

Asing Lanjutkan Beli, IHSG Naik 0,7% ke 3.821,83
http://pasarmodal.inilah.com/read/detail/1630482/asing-lanjutkan-beli-ihsg-naik-07-ke-382183

Multistrada Bagi Dividen Rp6,1 Miliar
http://pasarmodal.inilah.com/read/detail/1630372/multistrada-bagi-dividen-rp61-miliar

TBIG Teken Perjanjian Akuisisi Infratel
http://pasarmodal.inilah.com/read/detail/1630442/tbig-teken-perjanjian-akuisisi-infratel

Bloomberg: United Tractors Rises to Five-Month High After Rating Upgrade

Bloomberg: Rupiah Gains After Global Funds Add to Indonesia Stock Holdings

BLOOMBERG: *FITCH RATES BFI FINANCE INDONESIA'S BOND FINAL 'A(IDN)'

Bloomberg: Palm Oil Drops as Expanding Global Output May Bolster Inventory

Bloomberg News reported that Nathaniel Rothschild & Tony Hayward have set up a new company, Vallares, ...which will be used to acquire oil and gas companies. This news should drive more ENRG

Pendapatan dari divisi utama terdongkrak, laba bersih RUIS melonjak 225%
http://investasi.kontan.co.id/v2/read/1308731036/70956/Pendapatan-dari-divisi-utama-terdongkrak-laba-bersih-RUIS-melonjak-225

Konsorsium yang diikuti ADRO dapatkan LoI proyek IPP di Jawa Tengah
http://investasi.kontan.co.id/v2/read/1308732119/70959/Konsorsium-yang-diikuti-ADRO-dapatkan-LoI-proyek-IPP-di-Jawa-Tengah

Humpuss Bereskan 4 Kapal Empire di Luar Pengadilan
http://pasarmodal.inilah.com/read/detail/1630272/humpuss-bereskan-4-kapal-empire-di-luar-pengadilan

BKSL Bayar Utang US$30 Juta ke HSBC
http://pasarmodal.inilah.com/read/detail/1629982/bksl-bayar-utang-us30-juta-ke-hsbc

Lima Penyebab Gonjang-ganjing Harga Pangan Dunia
http://finance.detik.com/read/2011/06/22/154805/1666202/4/lima-penyebab-gonjang-ganjing-harga-pangan-dunia

Ubah Bisnis Inti, Eatertainment Lapor ke Bapepam 
http://finance.detik.com/read/2011/06/22/144703/1666149/6/ubah-bisnis-inti-eatertainment-lapor-ke-bapepam

Defisit saldo Rp 65,4 miliar, DILD belum bisa bagi dividen
http://investasi.kontan.co.id/v2/read/1308726506/70947/Defisit-saldo-Rp-654-miliar-DILD-belum-bisa-bagi-dividen

DILD anggarkan capex Rp 1 triliun tahun ini
http://investasi.kontan.co.id/v2/read/1308725473/70942/DILD-anggarkan-capex-Rp-1-triliun-tahun-ini

KKGI bakal bayar dividen Rp 50 per saham
http://investasi.kontan.co.id/v2/read/1308724657/70939/KKGI-bakal-bayar-dividen-Rp-50-per-saham

Bloomberg: Bakrieland Says Dubai World Unit May Exit From Jakarta Project

Bloomberg: Bumi Resources’ First-Quarter Net Income Falls to $112 Million

BKSL Raih Tender Grup Bakrie Garap Jonggol
http://pasarmodal.inilah.com/read/detail/1629772/bksl-raih-tender-grup-bakrie-garap-jonggol

Saham Perbankan Rekomendasi Analis
http://pasarmodal.inilah.com/read/detail/1629702/saham-perbankan-rekomendasi-analis

Ruis Mendapatkan Kontrak Baru Dari Pertamina Senilai Rp500 Milyar - IQPLus

DAVO 1H NET PROFIT MAY RISE 311% TO IDR38 BILLION VS NET LOSS IDR18 BLN

'Rigth Issue' di Rp900, Saham DOID Sangat Murah
http://pasarmodal.inilah.com/read/detail/1629452/rigth-issue-di-rp900-saham-doid-sangat-murah

Rugi, Bukit Sentul tak bagi Dividen
http://pasarmodal.inilah.com/read/detail/1629512/rugi-bukit-sentul-tak-bagi-dividen

Agenda 22 Juni 2011 Rups KARW, BKSL, BRAU, Inti Agri Resources, Indoexchange, Bank Maya International, MASA, IMAS, PICO, Myoh Technologi, ETWA,JIHD,Eatertainment L, Evergreen Invest, CNKO, FKS Multi Agro, Hotel Mandarine, HITS, Intiland  Dev, US FOMC

Asing Beli, IHSG Sesi I Ditutup di Zona Hijau. Net foreign buy Rp237,84 miliar
http://pasarmodal.inilah.com/read/detail/1629402/asing-beli-ihsg-sesi-i-ditutup-di-zona-hijau

Saham Bank Unggulan Dorong IHSG Naik 36 Poin 
http://finance.detik.com/read/2011/06/22/120752/1665894/6/saham-bank-unggulan-dorong-ihsg-naik-36-poin

Saham Bakrie, Astra dan Konsumsi Untuk Sesi Dua
http://pasarmodal.inilah.com/read/detail/1629222/saham-bakrie-astra-dan-konsumsi-untuk-sesi-dua

BLOOMBERG: *BERAU COAL'S 2011 AVERAGE SALES PRICE MAY $74/TON: ROESLANI.        *BERAU COAL'S 2011 OUTPUT MAY BE 20.3M TONS, ROESLANI SAYS

Berau Coal Bagi Dividen Rp123,9 MIliar
http://pasarmodal.inilah.com/read/detail/1629132/berau-coal-bagi-dividen-rp1239-miliar

Saham JTPE terbang seiring rencana pembagian dividen dan stock split
http://investasi.kontan.co.id/v2/read/1308716386/70920/Saham-JTPE-terbang-seiring-rencana-pembagian-dividen-dan-stock-split

Kepercayaan Tumbuh, BUMI Bertenaga ke Rp4.000
http://pasarmodal.inilah.com/read/detail/1629302/kepercayaan-tumbuh-bumi-bertenaga-ke-rp4000

Tak bukukan pendapatan, rugi bersih INCF membengkak di kuartal pertama
http://investasi.kontan.co.id/v2/read/1308717694/70924/Tak-bukukan-pendapatan-rugi-bersih-INCF-membengkak-di-kuartal-I

Rumor dibeli bos ADMF, saham AMAG kian meroket
http://investasi.kontan.co.id/v2/read/1308715458/70917/Rumor-dibeli-bos-ADMF-saham-AMAG-kian-meroket

Indosat Harus Lunasi Utang Rp 4,28 Triliun Tahun Ini 
http://finance.detik.com/read/2011/06/22/113010/1665846/6/indosat-harus-lunasi-utang-rp-428-triliun-tahun-ini

Bloomberg: Bank Permata Sells IDR 1.75 Tln 11% 7-Year Subordinated Bonds

Tingginya permintaan IPO Visi Media bikin saham BNBR berlari
http://investasi.kontan.co.id/v2/read/1308714267/70914/Tingginya-permintaan-IPO-Visi-Media-bikin-saham-BNBR-berlari

Harga komoditas dunia melaju, saham ANTM ikut diburu
http://investasi.kontan.co.id/v2/read/1308713750/70913/Harga-komoditas-dunia-melaju-saham-ANTM-ikut-diburu

Dapat pinjaman dari UBS AG, saham BUMI melompat tinggi
http://investasi.kontan.co.id/v2/read/1308712614/70910/Dapat-pinjaman-dari-UBS-AG-saham-BUMI-melompat-tinggi

Keperkasaan rupiah masih berlanjut seiring peningkatan kepemilikan asing
http://investasi.kontan.co.id/v2/read/1308712291/70909/Keperkasaan-rupiah-masih-berlanjut-seiring-peningkatan-kepemilikan-asing

Indo Straits Tetapkan Saham Perdana Rp950
http://pasarmodal.inilah.com/read/detail/1628692/indo-straits-tetapkan-saham-perdana-rp950

BUMI Rencana Jual Convertible Bond ke Kreditur
http://pasarmodal.inilah.com/read/detail/1628602/bumi-rencana-jual-convertible-bond-ke-kreditur

Bumi, Chandra Asri, Garuda Indonesia: Indonesia Equity Preview
http://www.bloomberg.com/news/2011-06-22/bumi-chandra-asri-garuda-indonesia-indonesia-equity-preview.html

Bloomberg: Hana, Bank Central Asia Agree to Cooperate in Indonesia

Bloomberg: Bumi, Units Get $200 Million of Loans for Expansion, Bisnis Says

BLOOMBERG: *POWERLAN: TELKOM INDONESIA SELECTS CLARITY OSS FOR BROADBAND

Bloomberg: Indonesia Raises July Palm Oil Export Tax to 20% From 17.5%

Rekomendasi Saham
IHSG Siap Senggol Lagi Level 3.800 
http://finance.detik.com/read/2011/06/22/074536/1665655/6/ihsg-siap-senggol-lagi-level-3800

Rekomendasi: Saham apa yang menarik hari ini?
http://www.bisnis.com/market/saham/28291-rekomendasi-saham-apa-yang-menarik-hari-ini

Inilah Saham Pilihan Rabu (22/6)
http://pasarmodal.inilah.com/read/detail/1627722/inilah-saham-pilihan-rabu-226

Mengintip Peluang di Saham Semen
http://pasarmodal.inilah.com/read/detail/1627452/mengintip-peluang-di-saham-semen

Market Bakal Dorong BUMI ke Level Rp3.250
http://pasarmodal.inilah.com/read/detail/1627432/market-bakal-dorong-bumi-ke-level-rp3250

Penjualan BRMS membuat beban BUMI meningkat
http://investasi.kontan.co.id/v2/read/1308701400/70881/Penjualan-BRMS-membuat-beban-BUMI-meningkat

BTN Tawarkan Kupon Obligasi 9,5%
http://pasarmodal.inilah.com/read/detail/1628442/btn-tawarkan-kupon-obligasi-95

Saham JTPE Berpotensi Terkerek ke Rp1.600
http://pasarmodal.inilah.com/read/detail/1628342/saham-jtpe-berpotensi-terkerek-ke-rp1600

Cermati, Bos Adira Beli Saham AMAG
http://pasarmodal.inilah.com/read/detail/1628302/cermati-bos-adira-beli-saham-amag

IHSG Bakal Cetak Rekor 3.950 Akhir Juni
http://pasarmodal.inilah.com/read/detail/1627462/ihsg-bakal-cetak-rekor-3950-akhir-juni

'Speculative Buy' Saham BUMI
http://pasarmodal.inilah.com/read/detail/1627422/speculative-buy-saham-bumi

Bumi Resources    [  PDF  ]
On the right track - by Erindra Krisnawan
(BUMI IJ / BUMI.JK, OUTPERFORM - Maintained, Rp3,100 - Tgt. Rp4,000, Coal Mining)
1Q11 reported profit of US$112m (down 19% yoy due to a low effective tax rate in 1Q10) accounted for 20% of our FY11 forecast and 23% of consensus. While 1Q11 operating profit of US$219m (+44% yoy, -15% qoq) represented 16% of our forecast and 18% of consensus estimate, volume and ASP met expectations, offering comfort that earnings expectations for the year can be met. Hence, no change to our earnings forecasts. Bumi reiterated its plan to prepay the first tranche of its CIC loan in Oct 11, implying it continues to de-leverage despite perceived uncertainties surrounding Vallar's latest plan to transfer a 75% stake in BRMS in exchange for US$2.07bn CB. Following its recent price correction, Bumi trades at 12.4x forward P/E with potential upside from earnings strength and further de-leveraging. Our price target remains NAV -based, at Rp4k. (cimb selengkapnya email).

Kalbe Farma    [  PDF  ]
Acquisition imminent? - by Erwan Teguh
(KLBF IJ / KLBF.JK, NEUTRAL - Maintained, Rp3,425 - Tgt. Rp3,800, Pharmaceuticals)
While Kalbe has made known its desire to acquire, our observation of a shift in its treasury-stock holding from Kalbe to a nominee in Singapore suggests that an acquisition may happen sooner than later. Indeed, our recent discussions with management seem to indicate two targets. Any deal, potentially as early as 3Q11, could be funded by cash + stock, we believe. Short term, this would be dilutive, unless valuations are attractive. Meanwhile, 2Q11 sales growth should be better though margins may succumb to higher selling expense. 3Q11 scheduled price increases, if materialised, should hold the key to a re-rating.

For now, we maintain our Neutral rating, earnings estimates and target price of Rp3,800, pegged at 20x CY12 earnings. (cimb - selengkapnya email)

Research Today: Bank Danamon (BDMN IJ): counting on cars, downgrade to UPF with new TP6,200
Nick “Chindonesia” Cashmore is downgrading Danamon to an UPF.  In spite of having a smaller balance sheet amongst the larger Indonesian banks, Danamon has the most employees and therefore largest fixed cost (largest personnel expenses/earning assets).  And although only 3% of BDMN’s loans are non performing, another 10% are special mention.  Almost half of the NPLs are from the mass market segment, which also account for 89% of special mention loans.  We prefer Bank Mandiri (BMRI IJ) and Bank Negara (BBNI IJ) in the sector.

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