BLOOMBERG: *GAS NEGARA FALLS TO 27-MONTH LOW AS BPMIGAS SEEKS NEW GAS PRICE
*DJ Astra International Unit Buys Stake For IDR750 Bln
*DJ Astra International Unit Buys 95% Stake In Toll Road Company
Aksi Borong Saham Jelang Penutupan Angkat IHSG 23 Poin. foreign net sell Rp 402,348 miliar
http://finance.detik.com/read/2011/09/06/160731/1716731/6/aksi-borong-saham-jelang-penutupan-angkat-ihsg-23-poin
Meski Asing Net Sell, IHSG Ditutup Naik 0,6%http://pasarmodal.inilah.com/read/detail/1771592/meski-asing-net-sell-ihsg-ditutup-naik-06
Nah Lho! BEI akan Tindak Tegas Emiten Nakal
http://pasarmodal.inilah.com/read/detail/1771576/nah-lho-bei-akan-tindak-tegas-emiten-nakal
TBLA optimistis naikkan pendapatan menjadi Rp 4 triliun di semester II
http://investasi.kontan.co.id/v2/read/1315299091/76733/TBLA-optimistis-naikkan-pendapatan-menjadi-Rp-4-triliun-di-semester-II
Pada hari Kamis, tanggal 25 Agustus 2011, PT Astratel Nusantara (Astratel), anak perusahaan yang 100% sahamnya dimiliki oleh PT Astra International Tbk (Astra), telah menandatangani dokumen pengalihan saham atas 95% saham-saham PT Marga Hanurata Intrinstic (MHI) dari PT Natpac Graha Arthamas (Natpac), sehingga komposisi pemegang saham MHI setelah akuisisi tersebut menjadi 95% Astratel dan 5% Natpac. Untuk akuisisi tersebut, Astratel membayar sekitar Rp 750 miliar kepada Natpac. Dana tersebut berasal dari internal funding induk perusahaan, Astra. Akuisisi ini dinilai strategis, karena merupakan kelanjutan dari langkah Grup Astra dalam bidang Infrastruktur, khususnya pengembangan jalan tol di Indonesia
Asing Jual Saham Rp 7 Triliun Sebulan, IHSG Masih Terjaga
http://finance.detik.com/read/2011/09/06/142421/1716602/6/asing-jual-saham-rp-7-triliun-sebulan-ihsg-masih-terjaga
Telkom & Tambang Dorong Saham Eropa Dibuka Naik
http://pasarmodal.inilah.com/read/detail/1771553/telkom-tambang-dorong-saham-eropa-dibuka-naik
Mencermati Saham Properti Pilihan Analis
http://pasarmodal.inilah.com/read/detail/1771543/mencermati-saham-properti-pilihan-analis
Kepemilikan Kartu Akses Capai 95.772
http://pasarmodal.inilah.com/read/detail/1771530/kepemilikan-kartu-akses-capai-95772
BEI Siap Terapkan Stabilisasi Harga Saham IPO
http://pasarmodal.inilah.com/read/detail/1771523/bei-siap-terapkan-stabilisasi-harga-saham-ipo
Petrosea Dapat Kontrak Baru US$ 930 Juta
http://finance.detik.com/read/2011/09/06/151513/1716650/6/petrosea-dapat-kontrak-baru-us--930-juta
APLN akusisi KGP senilai Rp 300 miliar
http://investasi.kontan.co.id/v2/read/1315289457/76710/APLN-akusisi-KGP-senilai-Rp-300-miliar
REMINDER::::: WATCH ARNA on acquisition talks...macquarie may be the advisor
ARNA::: offerd price at IDR520/share-IDR570/share up to 2X BV
HEARD ON THE STREET: RUIS MAJOR SHAREHOLDERS HAVE RECEIVED NON-DISCLOSURE AGREEMENT LETTER FROM AN INTENT BUYER TO BUY AT LEAST 30% STAKE IN THE COMPANY. PRICED OFFERED MAY BE AT BETWEEN IDR400-IDR480.
*DJ Indonesia's Medco Plans To Reopen Tripoli Office Soon - CEO
myoh mirip bumi cerita nantinya (kalau berhasil), dia mau akuisisi asset yg 15 kali lebih banyak dari yg dia punya sekarang, to generate cashflow and revenue of more than 1200% from current earnings structure, rights kebanyakan mau diambil pemegang saham; source of fund for buying rights dari various sources, 2011 cuma 2 kuartal lagi...efektif nya 1 kuartal
Rumor Saham GOLD::: Saham GOLD Diincar Lotte
Saham PT Golden Retailindo Tbk (GOLD) bakal terkerek di level Rp800, dengan kabar sedang dilirik peritel asal Korea Selatan Lotte.
BLOOMBERG: *INDONESIA PLANS TO RAISE TARIFFS OF 13 TOLL ROADS IN SEPTEMBER
Bloomberg: Indonesia New Palm Oil Tax ‘Negative’ on Planters, HwangDBS Says
BLOOMBERG: *INDONESIA 2011 CRUDE PALM OIL EXPORTS MAY REACH 17.5-18M TON. *INDONESIA 2ND HALF PALM OIL EXPORTS MAY REACH 10M TONS: GROUP
Indonesia Stock Movers: Citra Marga, Gas Negara, Medco Energi
http://www.bloomberg.com/news/2011-09-06/indonesia-stock-movers-citra-marga-gas-negara-medco-energi.html
Meski Saham Tambang Naik, IHSG Sesi I Turun 0,19%. net foreign sell Rp232,8 miliar
http://pasarmodal.inilah.com/read/detail/1771491/saham-tambang-naik-ihsg-sesi-i-hanya-turun-019
Sesi I
Bergerak Labil, IHSG Melemah 7 Poin
http://finance.detik.com/read/2011/09/06/120623/1716420/6/bergerak-labil-ihsg-melemah-7-poin
Asing mendominasi pelepasan BBNI, PGAS, dan EXCL di sesi I
http://investasi.kontan.co.id/v2/read/1315286612/76704/Asing-mendominasi-pelepasan-BBNI-PGAS-dan-EXCL-di-sesi-I
Saham CMNP alami lonjakan terbesar dalam empat minggu terakhir
http://investasi.kontan.co.id/v2/read/1315281382/76692/Saham-CMNP-alami-lonjakan-terbesar-dalam-empat-minggu-terakhir
Sesi Dua, Ada Potensi Pada Saham Tambang-ASII
http://pasarmodal.inilah.com/read/detail/1771495/sesi-dua-ada-potensi-pada-saham-tambang-asii
Tahun Ini, BEI Optimis 25 Emiten Tercatat di Bursa
http://pasarmodal.inilah.com/read/detail/1771480/tahun-ini-bei-optimis-25-emiten-tercatat-di-bursa
Kembangkan Bisnis, Erajaya Swasembada Siap IPO
http://pasarmodal.inilah.com/read/detail/1771472/kembangkan-bisnis-erajaya-swasembada-siap-ipo
Hapus Defisit Rp 27 Triliun, Bakrie Minta Restu Pemegang Saham
http://finance.detik.com/read/2011/09/06/113059/1716393/6/hapus-defisit-rp-27-triliun-bakrie-minta-restu-pemegang-saham
AS & Eropa Lesu, Dana Asing Diyakini Lari ke RI
http://finance.detik.com/read/2011/09/06/111416/1716362/6/as-eropa-lesu-dana-asing-diyakini-lari-ke-ri
Suspensi Saham Central Omega Dicabut
http://finance.detik.com/read/2011/09/06/101749/1716293/6/suspensi-saham-central-omega-dicabut
BLOOMBERG:*PALM OIL MAY RANGE $1,000-1,100/TON IN 2011, ASSOCIATION SAYS
Bloombeg: Palm Oil Falls as Much as 0.9% to 2,992 Ringgit a Metric Ton
Asing Net Sell Paksa IHSG Dibuka Turun 0,7%
http://pasarmodal.inilah.com/read/detail/1771436/asing-net-sell-paksa-ihsg-dibuka-turun-07
Tol Surabaya-Gempol Bisa Setor Rp193 M
http://pasarmodal.inilah.com/read/detail/1771452/tol-surabaya-gempol-bisa-setor-rp193-m
Rencana right issue mendorong saham MYOH hingga terbang nyaris 6%
http://investasi.kontan.co.id/v2/read/1315279282/76689/Rencana-right-issue-mendorong-saham-MYOH-hingga-terbang-nyaris-6
Minta restu kuasi reorganisasi, BNBR segera gelar RUPS
http://investasi.kontan.co.id/v2/read/1315277507/76685/Minta-restu-kuasi-reorganisasi-BNBR-segera-gelar-RUPS-
Segera beroperasi kembali di Libia, saham MEDC melaju kencang
http://investasi.kontan.co.id/v2/read/1315277126/76684/Segera-beroperasi-kembali-di-Libia-saham-MEDC-melaju-kencang
ADMG: 650-890. 2011 Full Year net profit may rise to IDR500 billion (EPS: IDR133) due to higher sales which could increase by 56% to IDR5.6 trillion from IDR3.6 trillion a year earlier. ADMG will benefit from the stronger rupiah which could reduce significantly its cost of imported raw material. It is now trading at a p/e ratio of ONLY 5.2X 2011 earnings, far below its Asian peers of 16X. At a simple DCF valuation, ADMG's fair value is at IDR2,128. It's buy at any levels.
REMINDER:::: Alam Sutera [ PDF ] Land banking is on - by Lydia Toisuta (ASRI IJ / ASRI.JK, OUTPERFORM - Maintained, Rp420 - Tgt. Rp500, Property Devt & Invt) 1H11 core profit of Rp289bn is ahead of our estimate and consensus by 10% and 3% respectively, assuming 54% seasonality. Revenue was higher than expected, on the recognition of land-plot sales which form 100% of our FY11 assumption. The surge in land-plot recognition also contributed to higher margins. We raise our FY11-12 EPS by 6-10% while keeping our FY13 forecast. We raise our DCF-based target price to Rp500 (from Rp460) (WACC 13%) following our earnings adjustments. Consistent earnings growth in the past seven quarters raises our confidence in management's execution.
REMINDER::::: ASRI : Total revenue per 30 June 2011 is IDR 706 billion, increase 78% compared to previous year IDR 397 billion. Net profit per 30 June 2011 is IDR 289 billion, increase 134% compared to previous year IDR 124 billion
REMINDER: KRAS 3Q NET PROFIT MAY RISE BY MORE THAN 80% FROM PREVIOUS QUARTER
MDLN NOW TRADES AT A P/E RATIO OF ONLY 7.1X 2011 EARNINGS VS PROPERTY INDUSTRIAL AVERAGE OF 14X; PBV RATIO OF ONLY 0.8X VS 1.8X INDUSTRY; IT IS NOW TRADING AT A 38% DISCOUNT TO ITA FAIR VALUE OF IDR500.
Bloomberg: Indonesia Raises Tariffs For 11 Toll Roads, Investor Daily Says
Bloomberg: Asian Stocks Slide Amid Signs Europe’s Debt Crisis Is Worsening
Bloomberg: Indonesia ‘Life-or-Death’ Coal Law to Cut Sales: Energy Markets
Bloomberg: Rubber Futures Reverse Losses in Tokyo
Perusahaan Gas Negara [ PDF ]
No respite - by Erindra Krisnawan / Peter P. Sutedja, CFA
(PGAS IJ / PGAS.JK, TRADING SELL - Maintained, Rp2,775 - Tgt. Rp2,775, Gas Transmission & Dist)
1H11 reported net income of Rp3,257bn forms 47% of our FY11 forecast and appears to be in line but core income, after taking out derivative and forex gains of Rp268bn, forms only 40% of our FY11 estimate due to lower-than-expected gas distribution volume. The results are also below consensus. We cut our FY11 core EPS by 12%, while maintaining the rest of our forecasts. With the outcome of gas purchase re-pricing still unclear, there are risks to our earnings estimates as well as the Street's. De-rating catalysts are expected from this as well as the long journey to the completion of LNG terminal projects. Following our earnings adjustments, we lower our price target to Rp2,775 (from Rp2,825), still DCF-based but now probability-weighted for gas purchase re-pricing (with an unchanged WACC of 10.7%).
Inilah Menu Saham Pilihan Selasa (6/9)
http://pasarmodal.inilah.com/read/detail/1771358/inilah-menu-saham-pilihan-selasa-69
Rekomendasi Saham
Bursa Regional Masih Berjatuhan, IHSG Waspada
http://finance.detik.com/read/2011/09/06/075814/1716210/6/bursa-regional-masih-berjatuhan-ihsg-waspada
IHSG Diperkirakan Bergerak Side Ways
http://economy.okezone.com/read/2011/09/06/278/499129/ihsg-diperkirakan-bergerak-side-ways
REKOMENDASI: Saham apa yang layak dikoleksi
http://www.bisnis.com/articles/rekomendasi-saham-apa-yang-layak-dikoleksi-6
IHSG Akan Alami September Ceria
http://pasarmodal.inilah.com/read/detail/1771423/ihsg-akan-alami-september-ceria
ITMG bagi dividen interim senilai Rp 1.168 per saham
http://investasi.kontan.co.id/v2/read/1315222527/76647/ITMG-bagi-dividen-interim-senilai-Rp-1.168-per-saham
Harga Minyak Indonesia Turun Jadi US$ 111,67
http://finance.detik.com/read/2011/09/06/082124/1716216/1034/harga-minyak-indonesia-turun-jadi-us--11167
Perusahaan batubara SMGR segera berdiri
http://investasi.kontan.co.id/v2/read/1315272373/76673/Perusahaan-batubara-SMGR-segera-berdiri
Bertengger di atas US$ 1.900, harga emas kembali dekati rekor
http://investasi.kontan.co.id/v2/read/1315269970/76668/Bertengger-di-atas-US-1.900-harga-emas-kembali-dekati-rekor
PTBA targetkan penjualan sebesar Rp 11 triliun tahun ini
http://investasi.kontan.co.id/v2/read/1315237680/76659/PTBA-targetkan-penjualan-sebesar-Rp-11-triliun-tahun-ini
APLN Siap Akuisisi Emporium Pluit Mall
http://pasarmodal.inilah.com/read/detail/1771427/apln-siap-akuisisi-emporium-pluit-mall
Bursa AS Berjangka Anjlok di Perdagangan Asia
http://pasarmodal.inilah.com/read/detail/1771407/bursa-as-berjangka-anjlok-di-perdagangan-asia
Sst.. Peter Kradolfer Mundur dari Direksi INDF
http://pasarmodal.inilah.com/read/detail/1771417/sst-peter-kradolfer-mundur-dari-direksi-indf
TINS Mulai Kembangkan Produk Turunan
http://pasarmodal.inilah.com/read/detail/1771413/tins-mulai-kembangkan-produk-turunan
Ayo! Cermati Saham GPRA
http://pasarmodal.inilah.com/read/detail/1771412/ayo-cermati-saham-gpra
Bursa Jepang Lanjutkan Koreksi
http://pasarmodal.inilah.com/read/detail/1771408/bursa-jepang-lanjutkan-koreksi
Inilah Daftar 'Top Foreign Buy' Senin (5/9)
http://pasarmodal.inilah.com/read/detail/1771347/inilah-daftar-top-foreign-buy-senin-59
Inilah Daftar 'Top Foreign Sell' Senin (5/9)
http://pasarmodal.inilah.com/read/detail/1771302/inilah-daftar-top-foreign-sell-senin-59
Saham PGAS Teraktif Diperdagangkan Senin (5/9)
http://pasarmodal.inilah.com/read/detail/1771274/saham-pgas-teraktif-diperdagangkan-senin-59
Inilah Penyebab Turunnya Aset Asing di Bursa
http://pasarmodal.inilah.com/read/detail/1771313/inilah-penyebab-turunnya-aset-asing-di-bursa
MEDC akan Segera Operasikan Lagi Kantor di Libya
http://pasarmodal.inilah.com/read/detail/1771351/medc-akan-segera-operasikan-lagi-kantor-di-libya
*DJ Astra International Unit Buys Stake For IDR750 Bln
*DJ Astra International Unit Buys 95% Stake In Toll Road Company
Aksi Borong Saham Jelang Penutupan Angkat IHSG 23 Poin. foreign net sell Rp 402,348 miliar
http://finance.detik.com/read/2011/09/06/160731/1716731/6/aksi-borong-saham-jelang-penutupan-angkat-ihsg-23-poin
Meski Asing Net Sell, IHSG Ditutup Naik 0,6%http://pasarmodal.inilah.com/read/detail/1771592/meski-asing-net-sell-ihsg-ditutup-naik-06
Nah Lho! BEI akan Tindak Tegas Emiten Nakal
http://pasarmodal.inilah.com/read/detail/1771576/nah-lho-bei-akan-tindak-tegas-emiten-nakal
TBLA optimistis naikkan pendapatan menjadi Rp 4 triliun di semester II
http://investasi.kontan.co.id/v2/read/1315299091/76733/TBLA-optimistis-naikkan-pendapatan-menjadi-Rp-4-triliun-di-semester-II
Pada hari Kamis, tanggal 25 Agustus 2011, PT Astratel Nusantara (Astratel), anak perusahaan yang 100% sahamnya dimiliki oleh PT Astra International Tbk (Astra), telah menandatangani dokumen pengalihan saham atas 95% saham-saham PT Marga Hanurata Intrinstic (MHI) dari PT Natpac Graha Arthamas (Natpac), sehingga komposisi pemegang saham MHI setelah akuisisi tersebut menjadi 95% Astratel dan 5% Natpac. Untuk akuisisi tersebut, Astratel membayar sekitar Rp 750 miliar kepada Natpac. Dana tersebut berasal dari internal funding induk perusahaan, Astra. Akuisisi ini dinilai strategis, karena merupakan kelanjutan dari langkah Grup Astra dalam bidang Infrastruktur, khususnya pengembangan jalan tol di Indonesia
Asing Jual Saham Rp 7 Triliun Sebulan, IHSG Masih Terjaga
http://finance.detik.com/read/2011/09/06/142421/1716602/6/asing-jual-saham-rp-7-triliun-sebulan-ihsg-masih-terjaga
Telkom & Tambang Dorong Saham Eropa Dibuka Naik
http://pasarmodal.inilah.com/read/detail/1771553/telkom-tambang-dorong-saham-eropa-dibuka-naik
Mencermati Saham Properti Pilihan Analis
http://pasarmodal.inilah.com/read/detail/1771543/mencermati-saham-properti-pilihan-analis
Kepemilikan Kartu Akses Capai 95.772
http://pasarmodal.inilah.com/read/detail/1771530/kepemilikan-kartu-akses-capai-95772
BEI Siap Terapkan Stabilisasi Harga Saham IPO
http://pasarmodal.inilah.com/read/detail/1771523/bei-siap-terapkan-stabilisasi-harga-saham-ipo
Petrosea Dapat Kontrak Baru US$ 930 Juta
http://finance.detik.com/read/2011/09/06/151513/1716650/6/petrosea-dapat-kontrak-baru-us--930-juta
APLN akusisi KGP senilai Rp 300 miliar
http://investasi.kontan.co.id/v2/read/1315289457/76710/APLN-akusisi-KGP-senilai-Rp-300-miliar
REMINDER::::: WATCH ARNA on acquisition talks...macquarie may be the advisor
ARNA::: offerd price at IDR520/share-IDR570/share up to 2X BV
HEARD ON THE STREET: RUIS MAJOR SHAREHOLDERS HAVE RECEIVED NON-DISCLOSURE AGREEMENT LETTER FROM AN INTENT BUYER TO BUY AT LEAST 30% STAKE IN THE COMPANY. PRICED OFFERED MAY BE AT BETWEEN IDR400-IDR480.
*DJ Indonesia's Medco Plans To Reopen Tripoli Office Soon - CEO
myoh mirip bumi cerita nantinya (kalau berhasil), dia mau akuisisi asset yg 15 kali lebih banyak dari yg dia punya sekarang, to generate cashflow and revenue of more than 1200% from current earnings structure, rights kebanyakan mau diambil pemegang saham; source of fund for buying rights dari various sources, 2011 cuma 2 kuartal lagi...efektif nya 1 kuartal
Rumor Saham GOLD::: Saham GOLD Diincar Lotte
Saham PT Golden Retailindo Tbk (GOLD) bakal terkerek di level Rp800, dengan kabar sedang dilirik peritel asal Korea Selatan Lotte.
BLOOMBERG: *INDONESIA PLANS TO RAISE TARIFFS OF 13 TOLL ROADS IN SEPTEMBER
Bloomberg: Indonesia New Palm Oil Tax ‘Negative’ on Planters, HwangDBS Says
BLOOMBERG: *INDONESIA 2011 CRUDE PALM OIL EXPORTS MAY REACH 17.5-18M TON. *INDONESIA 2ND HALF PALM OIL EXPORTS MAY REACH 10M TONS: GROUP
Indonesia Stock Movers: Citra Marga, Gas Negara, Medco Energi
http://www.bloomberg.com/news/2011-09-06/indonesia-stock-movers-citra-marga-gas-negara-medco-energi.html
Meski Saham Tambang Naik, IHSG Sesi I Turun 0,19%. net foreign sell Rp232,8 miliar
http://pasarmodal.inilah.com/read/detail/1771491/saham-tambang-naik-ihsg-sesi-i-hanya-turun-019
Sesi I
Bergerak Labil, IHSG Melemah 7 Poin
http://finance.detik.com/read/2011/09/06/120623/1716420/6/bergerak-labil-ihsg-melemah-7-poin
Asing mendominasi pelepasan BBNI, PGAS, dan EXCL di sesi I
http://investasi.kontan.co.id/v2/read/1315286612/76704/Asing-mendominasi-pelepasan-BBNI-PGAS-dan-EXCL-di-sesi-I
Saham CMNP alami lonjakan terbesar dalam empat minggu terakhir
http://investasi.kontan.co.id/v2/read/1315281382/76692/Saham-CMNP-alami-lonjakan-terbesar-dalam-empat-minggu-terakhir
Sesi Dua, Ada Potensi Pada Saham Tambang-ASII
http://pasarmodal.inilah.com/read/detail/1771495/sesi-dua-ada-potensi-pada-saham-tambang-asii
Tahun Ini, BEI Optimis 25 Emiten Tercatat di Bursa
http://pasarmodal.inilah.com/read/detail/1771480/tahun-ini-bei-optimis-25-emiten-tercatat-di-bursa
Kembangkan Bisnis, Erajaya Swasembada Siap IPO
http://pasarmodal.inilah.com/read/detail/1771472/kembangkan-bisnis-erajaya-swasembada-siap-ipo
Hapus Defisit Rp 27 Triliun, Bakrie Minta Restu Pemegang Saham
http://finance.detik.com/read/2011/09/06/113059/1716393/6/hapus-defisit-rp-27-triliun-bakrie-minta-restu-pemegang-saham
AS & Eropa Lesu, Dana Asing Diyakini Lari ke RI
http://finance.detik.com/read/2011/09/06/111416/1716362/6/as-eropa-lesu-dana-asing-diyakini-lari-ke-ri
Suspensi Saham Central Omega Dicabut
http://finance.detik.com/read/2011/09/06/101749/1716293/6/suspensi-saham-central-omega-dicabut
BLOOMBERG:*PALM OIL MAY RANGE $1,000-1,100/TON IN 2011, ASSOCIATION SAYS
Bloombeg: Palm Oil Falls as Much as 0.9% to 2,992 Ringgit a Metric Ton
Asing Net Sell Paksa IHSG Dibuka Turun 0,7%
http://pasarmodal.inilah.com/read/detail/1771436/asing-net-sell-paksa-ihsg-dibuka-turun-07
Tol Surabaya-Gempol Bisa Setor Rp193 M
http://pasarmodal.inilah.com/read/detail/1771452/tol-surabaya-gempol-bisa-setor-rp193-m
Rencana right issue mendorong saham MYOH hingga terbang nyaris 6%
http://investasi.kontan.co.id/v2/read/1315279282/76689/Rencana-right-issue-mendorong-saham-MYOH-hingga-terbang-nyaris-6
Minta restu kuasi reorganisasi, BNBR segera gelar RUPS
http://investasi.kontan.co.id/v2/read/1315277507/76685/Minta-restu-kuasi-reorganisasi-BNBR-segera-gelar-RUPS-
Segera beroperasi kembali di Libia, saham MEDC melaju kencang
http://investasi.kontan.co.id/v2/read/1315277126/76684/Segera-beroperasi-kembali-di-Libia-saham-MEDC-melaju-kencang
ADMG: 650-890. 2011 Full Year net profit may rise to IDR500 billion (EPS: IDR133) due to higher sales which could increase by 56% to IDR5.6 trillion from IDR3.6 trillion a year earlier. ADMG will benefit from the stronger rupiah which could reduce significantly its cost of imported raw material. It is now trading at a p/e ratio of ONLY 5.2X 2011 earnings, far below its Asian peers of 16X. At a simple DCF valuation, ADMG's fair value is at IDR2,128. It's buy at any levels.
REMINDER:::: Alam Sutera [ PDF ] Land banking is on - by Lydia Toisuta (ASRI IJ / ASRI.JK, OUTPERFORM - Maintained, Rp420 - Tgt. Rp500, Property Devt & Invt) 1H11 core profit of Rp289bn is ahead of our estimate and consensus by 10% and 3% respectively, assuming 54% seasonality. Revenue was higher than expected, on the recognition of land-plot sales which form 100% of our FY11 assumption. The surge in land-plot recognition also contributed to higher margins. We raise our FY11-12 EPS by 6-10% while keeping our FY13 forecast. We raise our DCF-based target price to Rp500 (from Rp460) (WACC 13%) following our earnings adjustments. Consistent earnings growth in the past seven quarters raises our confidence in management's execution.
REMINDER::::: ASRI : Total revenue per 30 June 2011 is IDR 706 billion, increase 78% compared to previous year IDR 397 billion. Net profit per 30 June 2011 is IDR 289 billion, increase 134% compared to previous year IDR 124 billion
REMINDER: KRAS 3Q NET PROFIT MAY RISE BY MORE THAN 80% FROM PREVIOUS QUARTER
MDLN NOW TRADES AT A P/E RATIO OF ONLY 7.1X 2011 EARNINGS VS PROPERTY INDUSTRIAL AVERAGE OF 14X; PBV RATIO OF ONLY 0.8X VS 1.8X INDUSTRY; IT IS NOW TRADING AT A 38% DISCOUNT TO ITA FAIR VALUE OF IDR500.
Bloomberg: Indonesia Raises Tariffs For 11 Toll Roads, Investor Daily Says
Bloomberg: Asian Stocks Slide Amid Signs Europe’s Debt Crisis Is Worsening
Bloomberg: Indonesia ‘Life-or-Death’ Coal Law to Cut Sales: Energy Markets
Bloomberg: Rubber Futures Reverse Losses in Tokyo
Perusahaan Gas Negara [ PDF ]
No respite - by Erindra Krisnawan / Peter P. Sutedja, CFA
(PGAS IJ / PGAS.JK, TRADING SELL - Maintained, Rp2,775 - Tgt. Rp2,775, Gas Transmission & Dist)
1H11 reported net income of Rp3,257bn forms 47% of our FY11 forecast and appears to be in line but core income, after taking out derivative and forex gains of Rp268bn, forms only 40% of our FY11 estimate due to lower-than-expected gas distribution volume. The results are also below consensus. We cut our FY11 core EPS by 12%, while maintaining the rest of our forecasts. With the outcome of gas purchase re-pricing still unclear, there are risks to our earnings estimates as well as the Street's. De-rating catalysts are expected from this as well as the long journey to the completion of LNG terminal projects. Following our earnings adjustments, we lower our price target to Rp2,775 (from Rp2,825), still DCF-based but now probability-weighted for gas purchase re-pricing (with an unchanged WACC of 10.7%).
Inilah Menu Saham Pilihan Selasa (6/9)
http://pasarmodal.inilah.com/read/detail/1771358/inilah-menu-saham-pilihan-selasa-69
Rekomendasi Saham
Bursa Regional Masih Berjatuhan, IHSG Waspada
http://finance.detik.com/read/2011/09/06/075814/1716210/6/bursa-regional-masih-berjatuhan-ihsg-waspada
IHSG Diperkirakan Bergerak Side Ways
http://economy.okezone.com/read/2011/09/06/278/499129/ihsg-diperkirakan-bergerak-side-ways
REKOMENDASI: Saham apa yang layak dikoleksi
http://www.bisnis.com/articles/rekomendasi-saham-apa-yang-layak-dikoleksi-6
IHSG Akan Alami September Ceria
http://pasarmodal.inilah.com/read/detail/1771423/ihsg-akan-alami-september-ceria
ITMG bagi dividen interim senilai Rp 1.168 per saham
http://investasi.kontan.co.id/v2/read/1315222527/76647/ITMG-bagi-dividen-interim-senilai-Rp-1.168-per-saham
Harga Minyak Indonesia Turun Jadi US$ 111,67
http://finance.detik.com/read/2011/09/06/082124/1716216/1034/harga-minyak-indonesia-turun-jadi-us--11167
Perusahaan batubara SMGR segera berdiri
http://investasi.kontan.co.id/v2/read/1315272373/76673/Perusahaan-batubara-SMGR-segera-berdiri
Bertengger di atas US$ 1.900, harga emas kembali dekati rekor
http://investasi.kontan.co.id/v2/read/1315269970/76668/Bertengger-di-atas-US-1.900-harga-emas-kembali-dekati-rekor
PTBA targetkan penjualan sebesar Rp 11 triliun tahun ini
http://investasi.kontan.co.id/v2/read/1315237680/76659/PTBA-targetkan-penjualan-sebesar-Rp-11-triliun-tahun-ini
APLN Siap Akuisisi Emporium Pluit Mall
http://pasarmodal.inilah.com/read/detail/1771427/apln-siap-akuisisi-emporium-pluit-mall
Bursa AS Berjangka Anjlok di Perdagangan Asia
http://pasarmodal.inilah.com/read/detail/1771407/bursa-as-berjangka-anjlok-di-perdagangan-asia
Sst.. Peter Kradolfer Mundur dari Direksi INDF
http://pasarmodal.inilah.com/read/detail/1771417/sst-peter-kradolfer-mundur-dari-direksi-indf
TINS Mulai Kembangkan Produk Turunan
http://pasarmodal.inilah.com/read/detail/1771413/tins-mulai-kembangkan-produk-turunan
Ayo! Cermati Saham GPRA
http://pasarmodal.inilah.com/read/detail/1771412/ayo-cermati-saham-gpra
Bursa Jepang Lanjutkan Koreksi
http://pasarmodal.inilah.com/read/detail/1771408/bursa-jepang-lanjutkan-koreksi
Inilah Daftar 'Top Foreign Buy' Senin (5/9)
http://pasarmodal.inilah.com/read/detail/1771347/inilah-daftar-top-foreign-buy-senin-59
Inilah Daftar 'Top Foreign Sell' Senin (5/9)
http://pasarmodal.inilah.com/read/detail/1771302/inilah-daftar-top-foreign-sell-senin-59
Saham PGAS Teraktif Diperdagangkan Senin (5/9)
http://pasarmodal.inilah.com/read/detail/1771274/saham-pgas-teraktif-diperdagangkan-senin-59
Inilah Penyebab Turunnya Aset Asing di Bursa
http://pasarmodal.inilah.com/read/detail/1771313/inilah-penyebab-turunnya-aset-asing-di-bursa
MEDC akan Segera Operasikan Lagi Kantor di Libya
http://pasarmodal.inilah.com/read/detail/1771351/medc-akan-segera-operasikan-lagi-kantor-di-libya
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