Laporan & Rumor Saham Indonesia 01-11 (Refresh)

Agenda 02 November  VOKSEL ELECTRIC RUPSLB, Sidang FOMC,  Cum Right Issue Panin Financial 6:1 (125), GMTD cum dev Rp 38, cum dev INCO US$0.01/Share,  FOMC meeting, Germany Auction: OBL 1.25% 2016 Tap,  ASGR cum deviden = 12

2nd session JCI on 01.11.11
3685.01(-105.83pts)(-2.79%)
(H: 3790.11 ; L: 3681.34 )
Saham (+)30; Saham(-)236; Saham(:)49
Value:    4.13T
Volume:  4.88 B
Foreign Nett Sell:  59.28 B
USD/IDR : 8900 (On Shore)
          8942.5 (Off Shore)

6 MARKET DRIVEN BY SECTOR
MINING.            (-3.81%)(1578.915 B )    
MANUFACTUR(-3.30%)(719.078 B )
FINANCE.        (-2.75%)(680.991 B )
INFRASTRUC(-1.42%)(565.191 B )
CONSUMER.  (-2.28%)(243.682 B )
PROPERTY.  (-2.37%)(176.351 B )

6 NETT BUY STOCKs BY FOREIGNers
TLKM.      @7468.  (49.90 B )
HRUM.      @7954.  (48.48 B )
ADRO.      @2040. (27.99 B )
BMRI.        @7006.  (20.61 B )
BUMI.        @2252.  (18.95 B )
UNTR.      @24249(17.14 B )

6 NETT SELL STOCKs BY FOREIGNers
BORN.      @929.  (298.25 B )
INDF.        @5069 (36.55 B )
ICBP.        @5033. (25.88 B )
ASII.        @67922(24.70 B )
CPIN.        @2602. (22.98 B )
ANTM.    @1741.  (12.04 B )

8 MOST ACTIVE STOCKs BY VALUE
BORN.      @870.  (-15.53%)
BUMI.      @2150. (-8.51%)
BMRI.      @6800 (-4.89%)
ASII.        @66500(-3.62%)
ADRO.    @1990.  (-1.72%)
PGAS.    @2925.  (-0.84%)
HRUM.    @7850.  (0.00%)
BBRI.        @6550.  (-2.96%)

8 MOST ACTIVE STOCKs BY VOLUME
ENRG.      @151.  (607.971 M )
BORN.      @870 (603.550 M )
ELTY.      @111.    (210.706 M )
BNBR.      @52.    (180.229 M )
BUMI.      @2150 (148.322 M )
BKSL.      @270.  (132.955 M )
PNLF.      @119.    (115.982 M )
DEWA.    @75.    (96.245 M )

Delta Dunia (DOID IJ). Revenue Rp6,841bn (+19% YoY, +11% QoQ), 73% of consensus 2011 estimates. Operating profit Rp770bn (-36% YoY, +201% QoQ), 63% of consensus 2011 estimates. Earnings -12bn (-103% YoY, -80% QoQ), vs consensus Rp320b 2011 estimates.clsa _sell

JP Morgan (BK) To Upgrade HRUM to Outperform with target price Rp11,000 implies 2012F 13x P/E

Regional Memerah, IHSG Melemah 2,7%. net foreign sell Rp59,2 miliar
http://pasarmodal.inilah.com/read/detail/1791743/regional-memerah-ihsg-melemah-27

Tekanan Krisis Eropa Kembali Pangkas IHSG 105 Poin 
http://finance.detik.com/read/2011/11/01/161127/1757511/6/tekanan-krisis-eropa-kembali-pangkas-ihsg-105-poin

Mitrabahtera Raih Kontrak Baru di Bontang
http://pasarmodal.inilah.com/read/detail/1791759/mitrabahtera-raih-kontrak-baru-di-bontang

BNBR Harap Utang Turun Jadi Rp5,5T pada 2011
http://pasarmodal.inilah.com/read/detail/1791715/bnbr-harap-utang-turun-jadi-rp55t-pada-2011

Anak usaha AISA bekerjasama dengan Bunge Agribusiness
http://investasi.kontan.co.id/v2/read/1320140820/81562/Anak-usaha-AISA-bekerjasama-dengan-Bunge-Agribusiness-

Atlas Resources pangkas jumlah saham yang akan ditawarkan dalam IPO
http://investasi.kontan.co.id/v2/read/1320139236/81558/Atlas-Resources-pangkas-jumlah-saham-yang-akan-ditawarkan-dalam-IPO-

Produksi BORN di akhir September sudah mencapai 2,1 juta ton
http://investasi.kontan.co.id/v2/read/1320140178/81561/Produksi-BORN-di-akhir-September-sudah-mencapai-21-juta-ton-

COWL mencetak kenaikan laba bersih sebesar 3 kali lipat
http://investasi.kontan.co.id/v2/read/1320137923/81554/COWL-mencetak-kenaikan-laba-bersih-sebesar-3-kali-lipat-

ASII Masih Catat Kapitalisasi Terbesar BEI
http://pasarmodal.inilah.com/read/detail/1791695/asii-masih-catat-kapitalisasi-terbesar-bei

Asia Tertekan, Bursa Eropa akan Melemah
http://pasarmodal.inilah.com/read/detail/1791683/asia-tertekan-bursa-eropa-akan-melemah

Beli Bumi Plc, BORN Utang US$1 M ke Stanchart
http://pasarmodal.inilah.com/read/detail/1791673/beli-bumi-plc-born-utang-us1-m-ke-stanchart

Indonesia’s Inflation Slowed in October, Giving Scope for Further Rate Cut
http://www.bloomberg.com/news/2011-11-01/indonesia-s-october-consumer-prices-fall-0-12-from-month-ago.html

BORN debt levels after borrowing $1 billion to buy Bumi PLC stake will increase to 0.64X from 0.34X as of June 30; compared with ADARO OF 1.2X AND INDY OF 1.26X;
BORN DER REMAINS THE LOWEST AMONG TOP BIG COAL PRODUCERS

Sesi I
Deflasi Oktober Tak Mampu Selamatkan IHSG 
http://finance.detik.com/read/2011/11/01/121016/1757255/6/deflasi-oktober-tak-mampu-selamatkan-ihsg

IHSG meminimalisir penurunan setelah Indonesia mencatatkan deflasi pada Oktober
http://investasi.kontan.co.id/v2/read/1320121027/81522/IHSG-meminimalisir-penurunan-setelah-Indonesia-mencatatkan-deflasi-pada-Oktober-

[Dow Jones] Coal producer PT Borneo Lumbung (BORN.JK) are down 2.9% at IDR1,000 in moderate volume following news it plans to buy a 23.8% stake in London-listed Bumi PLC for $1.0 billion from the Bakrie family, traders say.  Meanwhile, shares of Bumi Resources (BUMI.JK), which is 29.18% owned by Bumi PLC, are down 1.1% at IDR2,325 and Bakrie & Brothers (BNBR.JK) is unchanged at IDR52. The Bakrie family has a 47% stake in BUMI PLC. Borneo will get $1 billion syndicated loans to finance the stake buy. "There are fears that Borneo's debt levels will increase significantly after the purchase of Bumi PLC," says a fund manager at a local securities firm. As of June 30, Borneo's debt-to-equity ratio was at 0.34X. It had IDR2.5 trillion in total liabilities, compared with IDR7.32 trillion in equity value. Analysts say,
that the debt level will increase to IDR11.3 trillion or a DER of 0.64X.  

Harga Emas Perhiasan Turun Picu Deflasi 0,12% Selama Oktober
http://finance.detik.com/read/2011/11/01/110823/1757193/4/harga-emas-perhiasan-turun-picu-deflasi-012-selama-oktober?f990101mainnews

Wow! Laba Bersih BORN Naik 406,94%
http://pasarmodal.inilah.com/read/detail/1791621/wow-laba-bersih-born-naik-40694

Trading Empat Saham pada Sesi Dua
http://pasarmodal.inilah.com/read/detail/1791643/trading-empat-saham-pada-sesi-dua

Pakuwon Jati Beli Saham Elite Prima Hutama
http://pasarmodal.inilah.com/read/detail/1791640/pakuwon-jati-beli-saham-elite-prima-hutama

Survey Reuters: Investor Jauhi Saham Beli Obligasi
http://pasarmodal.inilah.com/read/detail/1791636/survey-reuters-investor-jauhi-saham-beli-obligasi

Ekspor RI Tembus US$ 17,82 Miliar di September, Naik 46% 
http://finance.detik.com/read/2011/11/01/113837/1757215/4/ekspor-ri-tembus-us--1782-miliar-di-september-naik-46

*DJ Indonesia Oct CPI -0.12% On Month; 0.17% Expected
*DJ Indonesia Oct Core Inflation +4.43% On Year Vs+4.93% On Year In Sep
*DJ Indonesia Oct CPI +4.42% On Year; +4.80% Expected

Saham BWPT mencatatkan kenaikan didorong kinerja positif perusahaan
http://investasi.kontan.co.id/v2/read/1320118197/81512/Saham-BWPT-mencatatkan-kenaikan-didorong-kinerja-positif-perusahaan-

Rekomendasi saham dipangkas, saham INDF tergerus hingga 2,86%
http://investasi.kontan.co.id/v2/read/1320118816/81516/Rekomendasi-saham-dipangkas-saham-INDF-tergerus-hingga-286-

Laba bersih capai Rp 3,03 triliun, saham UNVR diburu investor
http://investasi.kontan.co.id/v2/read/1320117678/81509/Laba-bersih-capai-Rp-303-triliun-saham-UNVR-diburu-investor-

Astaga! Laba Multipolar Anjlok 97,91%
http://pasarmodal.inilah.com/read/detail/1791599/astaga-laba-multipolar-anjlok-9791

Saham HRUM Bakal Tembus Rp10 Ribu Akhir 2011
http://pasarmodal.inilah.com/read/detail/1791592/saham-hrum-bakal-tembus-rp10-ribu-akhir-2011

Modernland Rencana Rights Issue 3,2 Miliar Saham
http://pasarmodal.inilah.com/read/detail/1791591/modernland-rencana-rights-issue-32-miliar-saham

Kupon Bunga Clipan Finance 8,75-10,25%
http://pasarmodal.inilah.com/read/detail/1791589/kupon-bunga-clipan-finance-875-1025

Glencore Batal, Renaissance Masuk Bantu Bakrie
http://pasarmodal.inilah.com/read/detail/1791585/glencore-batal-renaissance-masuk-bantu-bakrie

Ayo Beli! Saham PYFA Berpotensi Menuju Rp240
http://pasarmodal.inilah.com/read/detail/1791565/ayo-beli-saham-pyaf-berpotensi-menuju-rp240

11/1 Agenda November 01 November KARWELL INDONESIA RUPSLB, FOMC meeting, Pengumuman Data Inflasi, Lelang SUN 

Tekanan Global Bikin IHSG Menciut 19 Poin
http://finance.detik.com/read/2011/11/01/093612/1757085/6/tekanan-global-bikin-ihsg-menciut-19-poin

Analis: IHSG berpotensi melanjutkan koreksi kemarin
http://investasi.kontan.co.id/v2/read/1320113427/81497/Analis-IHSG-berpotensi-melanjutkan-koreksi-kemarin-

REMINDER::: JAKARTA. PT Adaro Energy Tbk (ADRO) berhasil mencatatkan kinerja yang   positif di kuartal III 2011. Hal itu tercermin pada pos laba bersih yang  meningkat hingga 96% di akhir September lalu. Perusahaan tambang batubara ini  mencetak laba bersih sebesar US$ 376,04 juta di sembilan bulan pertama 2011  dari Rp 191,37 juta di periode yang sama tahun lalu.

Rumor: Investor Dubai akan melakukan private placement pada PT Harum Energy (HRUM) sebesar 15% sahamnya di harga Rp8,900 terkait dengan performa kinerja perseroan yang diperkirakan pada tahun 2012, keuntungan bersih 2H2012 akan meningkat hingga 300%. Target harga wajar HRUM di Rp10,000 untuk akhir tahun 2011 menurut Nick casmore dari CLSA Securities

PT Matahari Putra Prima Tbk: ’s nine-month net income fell to 75.03 billion rupiah from 5.7 trillion rupiah a year earlier, the Indonesian retail company said in an e- mailed statement in Jakarta yesterday. The company posted net sales of 6.53 trillion rupiah compared with 6.52 trillion rupiah in the same period last year.

Rekomendasi Saham
IHSG Kembali Dapat Tekanan Jual 
http://finance.detik.com/read/2011/11/01/072903/1757003/6/ihsg-kembali-dapat-tekanan-jual

Rencana referendum Yunani menyebabkan bursa Asia memerah
http://investasi.kontan.co.id/v2/read/1320111396/81490/Rencana-referendum-Yunani-menyebabkan-bursa-Asia-memerah-

MF Global Bangkrut Gara-gara Krisis Eropa, Wall Street Merosot 
http://finance.detik.com/read/2011/11/01/070211/1756986/6/mf-global-bangkrut-gara-gara-krisis-eropa-wall-street-merosot

ETF dan reksadana indeks janjikan keuntungan lumayan
http://investasi.kontan.co.id/v2/read/1320111858/81493/ETF-dan-reksadana-indeks-janjikan-keuntungan-lumayan-

Renaissance beri utang ke BNBR
http://investasi.kontan.co.id/v2/read/1320111016/81489/Renaissance-beri-utang-ke-BNBR-

UNSP akan lunasi utang US$ 185 juta
http://investasi.kontan.co.id/v2/read/1320105909/81483/UNSP-akan-lunasi-utang-US-185-juta-

Inilah Menu Saham Pilihan Selasa (1/11)
http://pasarmodal.inilah.com/read/detail/1791476/inilah-menu-saham-pilihan-selasa-111

Support 3.740 Kuat, IHSG Bisa Bertenger di 3.900
http://pasarmodal.inilah.com/read/detail/1791433/support-3740-kuat-ihsg-bisa-bertenger-di-3900

Waspadai Reversal Turun di November
http://pasarmodal.inilah.com/read/detail/1791383/waspadai-reversal-turun-di-november

IHSG Akan Alami Reli Palsu?
http://pasarmodal.inilah.com/read/detail/1791375/ihsg-akan-alami-reli-palsu

Ayo Berburu Gain di Saham BHIT
http://pasarmodal.inilah.com/read/detail/1791429/ayo-berburu-gain-di-saham-bhit

Inflasi RI & Manufaktur China Siap Angkat Rupiah
http://pasarmodal.inilah.com/read/detail/1791402/inflasi-ri-manufaktur-china-siap-angkat-rupiah

Pilih Saham dengan Kinerja Positif
http://pasarmodal.inilah.com/read/detail/1791357/pilih-saham-dengan-kinerja-positif

Inflasi Terkendali, Saham Properti-Bank Menarik
http://pasarmodal.inilah.com/read/detail/1791441/inflasi-terkendali-saham-properti-bank-menarik

Inilah Aksi Korporasi Mandiri di Akhir 2011
http://pasarmodal.inilah.com/read/detail/1791454/inilah-aksi-korporasi-mandiri-di-akhir-2011

Alam Sutera [ PDF ] Basking in high returns ASRI IJ / ASRI.JK | OUTPERFORM - Maintained | Share Price Rp435 - Tgt. Rp600 Property | - by Lydia TOISUTA Alam Sutera’s 9M11 results were below expectations as our recognition assumption turned out to be too aggressive. Also, its non preemptive rights issue remains an overhang. But these negatives are offset by rapid earnings growth and high returns. At 64% of our full-year forecast, 9M11 net profit was below our expectations but above market. We cut our FY11 estimate but raise FY12-13 as we assume later profit recognition. We roll forward our DCF-based target price (45% discount to RNAV) to end-12. Maintain OUTPERFORM.

Trades of the Day... Fundamentally: CIMB mempertahankan rating Astra International (ASII) pada OUTPERFORM dengan target harga Rp77200 berdasarkan 13.6x FY13 PER. Laba inti 9M11 sebesar Rp13.1tr mencapai 75% dari angka FY11 kami. Sepertinya penjualan 4Q11 akan melambat karena banjir di Thailand. CIMB mempertahankan rating Astra Agro Lestari (AALI) pada UNDERPERFORM dengan target harga Rp17600 berdasarkan 12x FY13 earnings. Sales volume AALI sedikit dibawah prediksi kami, namun biaya mulai meningkat dan menekan margin. Result 9M11 dibawah angka kami dan consensus sebesar 6-10%

11/1 CIMB mempertahankan rating Harum Energy (HRUM) pada OUTPERFORM dengan target harga Rp8325 berdasarkan 11x FY12 PER meskipun core earning 9M11 hanya 67% dari angka FY11 kami. 3Q11 produksi sebesar 2.7Mt (+17.4% qoq) dan sales sebesar 2.9Mt (+29% qoq) dengan ASP yang stabil sebesar US$95.7/ton. Pertumbuhan produksi HRUM masih tercepat disektornya, 3yr CAGR sebesar 27% (vs sector average 9%) CIMB mempertahankan rating Bumi Serpong Damai (BSDE) pada OUTPERFORM dengan target harga 2012 sebesar Rp1200. Core earning 9M11 sekitar 71% dari angka kami. Harga lahan di BSD telah naik 20% CAGR sejak 2008. Rencana jangka panjang dalam unlock asset value akan mendukung margin dan menjadikan BSDE salah satu top pick kami
9:14 AM 11/1 CIMB sedang mereview rating Timah (TINS) dari target harga lama sebesar Rp3400 berdasarkan metode DCF. Core earning 9M11 sekitar 53% dari angka kami dan mengecewakan karena lemahnya ASP logam timah di $25,970/ton sehingga rata-rata tahun ini sekitar $27,102/ton atau 7.1% lebih rendah dari prediksi kami. Sepertinya struktur biaya TINS yang baru belum bisa mengoffset pelemahan ASP dan produks

9:18 AM 11/1 SINGAPORE, Nov 1 (Reuters) - Indonesian coal miner Borneo Lumbung Energi , which is backed by investor Samin Tan, has agreed to buy an effective 23.8 percent stake in London-listed Bumi Plc from Bakrie Group in a $1 billion deal, sources told Reuters on Tuesday. The deal would help Bakrie pay off the bulk of its $1.35 billion loan, according to the sources, who are close to the deal but could not be identified because it was not public. "The deal was signed last night," one of the sources said. Standard Chartered is advising Borneo and is also arranging the financing, while Credit Suisse is advising the Bakrie Group the sources said. The companies involved could not be immediately reached for comments. Tan controls 75 percent of Borneo