Laporan & Rumor Saham Indonesia 16-11 (Refresh)

2nd session JCI on 16.11.11
3814.09(+0.24pts)(+0.007%)
(H: 3817.20 ; L: 3768.52 )
Value:    3.59T.  (NG 851 B )
Volume: 4.28 B (NG 894 M )
Foreign Nett Sell: 622 B*
Incl. Crossing:
*MNCN. @ 980 ~ IDR 490 B ( D vs F )
TRAM.  @680 ~  IDR100 B.  ( D vs D )
USD/IDR : 8988 (On Shore)
          9014.25 (Off Shore)

JCI for tomorrow:
Support:      3743; 3703  
Resistance:  3833; 3875

6 MARKET DRIVEN BY SECTOR
FINANCE.      (-0.51%)(828.398 B )
MANUFACTUR(+0.29%)(654.823 B )
MINING.          (-0.28%)(573.461 B )
INFRASTRUC (+0.49%)(558.818 B )
PROPERTY (-0.42%)(189.690 B )
CONSUMER (+0.03%)(183.188 B )

6 NETT BUY STOCKs BY FOREIGNers
PGAS.    @3130.  (41.32 B )
BBRI.        @6879. (19.59 B )
INTP.        @15506(19.05 B )
TLKM.    @7490 (13.04 B )  
BMTR.    @999.  (11.43 B )
INDF.        @4907 (8.44 B )

6 NETT SELL STOCKs BY FOREIGNers
BMRI.      @7031.  (39.82 B )
HRUM.    @7781.  (37.49 B )
BBCA.    @8070 (27.48 B )
BLTA.    @197.    (25.13 B )
INDY.      @2259 (24.90 B )
ADRO.    @2002 (20.29 B )

8 MOST ACTIVE STOCKs BY VALUE
BMRI.      @7100. (-0.69%)
BUMI.      @2250 (0.00%)
ASII.        @71350 (+0.07%)
BBRI.      @6950 (+0.72%)
BBCA.    @8050 (-1.22%)
TRAM.  @820.  (-1.20%)
BLTA.    @191.    (+6.11%)
LPKR.    @670.  (+3.07%)

8 MOST ACTIVE STOCKs BY VOLUME
BNBR.      @50.  (466.043 M )
BLTA.    @191.  (430.568 M )
PNLF.      @112.  (328.393 M )
ENRG.      @162. (307.794 M )
PNLF-W @30.  (258.406 M )
BULL.      @107. (152.394 M )
LPKR.      @670 (123.466 M )
TRAM.    @820 (105.776 M )

Bloomberg: INDONESIA'S OCT. DOMESTIC MOTORCYCLE SALES AT 715,176 UNITS. INDONESIA'S OCT. DOMESTIC AUTO SALES AT 86,345 UNITS

Bloomberg *BERLIAN LAJU GAINS MOST IN MORE THAN A YEAR AFTER PROFIT REPORT

IHSG ditutup stagnan di level 3.814
http://investasi.kontan.co.id/v2/read/1321434402/82871/IHSG-ditutup-stagnan-di-level-3.814-

IHSG Naik Terkerek Bursa Eropa
http://pasarmodal.inilah.com/read/detail/1797239/ihsg-naik-terkerek-bursa-eropa

Naik Tipis, IHSG Menguat Sendirian di Asia
http://finance.detik.com/read/2011/11/16/161128/1768732/6/naik-tipis-ihsg-menguat-sendirian-di-asia

Inilah 10 Top Net Foreign Sell Saham Rabu (16/11)
http://pasarmodal.inilah.com/read/detail/1797243/inilah-10-top-net-foreign-sell-saham-rabu-1611

Inilah 10 Top Net Foreign Buy Saham Rabu (16/11)
http://pasarmodal.inilah.com/read/detail/1797240/inilah-10-top-net-foreign-buy-saham-rabu-1611

Saham KRAS Teraktif Diperdagangkan Rabu (16/11)
http://pasarmodal.inilah.com/read/detail/1797242/saham-kras-teraktif-diperdagangkan-rabu-1611

Oktober, Penjualan Mobil Astra Naik 17,08% YoY
http://pasarmodal.inilah.com/read/detail/1797236/oktober-penjualan-mobil-astra-naik-1708-yoy

Hari Ini Monti Umumkan Kabinet Baru Italia
http://pasarmodal.inilah.com/read/detail/1797232/hari-ini-monti-umumkan-kabinet-baru-italia

WIKA Tambah Kepemilikan di WIKA Realty
http://pasarmodal.inilah.com/read/detail/1797204/wika-tambah-kepemilikan-di-wika-realty

Adira Prediksi Pertumbuhan Pembiayaan Bisa 10%
http://pasarmodal.inilah.com/read/detail/1797186/adira-prediksi-pertumbuhan-pembiayaan-bisa-10

Mustika Ratu Siapkan Capex Rp20 Miliar di 2012
http://pasarmodal.inilah.com/read/detail/1797222/mustika-ratu-siapkan-capex-rp20-miliar-di-2012

Greenwood anggarkan capex 2012 Rp 450 miliar
http://investasi.kontan.co.id/v2/read/1321435809/82873/Greenwood-anggarkan-capex-2012-Rp-450-miliar-

Bloomberg; Indonesia Palm Oil Output May Reach 24-25 Million Tons in 2012

Thai Floods May Shift Japan Investment to Indonesia, Vietnam

Indonesia Stocks: Berlian, Buana Listya, International Nickel
http://www.bloomberg.com/news/2011-11-16/indonesia-stocks-berlian-buana-listya-international-nickel.html

Koreksi Saham Tambang & Bank Jegal IHSG 31 Poin 
http://finance.detik.com/read/2011/11/16/120853/1768434/6/koreksi-saham-tambang-bank-jegal-ihsg-31-poin

Seiring Asia, IHSG Melemah 0,8%. Net foreign sell Rp519,3 miliar
http://pasarmodal.inilah.com/read/detail/1797128/seiring-asia-ihsg-melemah-08

Sembilan sektor memerah, IHSG jatuh 0,83% di sesi I
http://investasi.kontan.co.id/v2/read/1321419881/82840/Sembilan-sektor-memerah-IHSG-jatuh-083-di-sesi-I-

Menu Sesi Dua: Grup Astra, Bank dan Tambang
http://pasarmodal.inilah.com/read/detail/1797122/menu-sesi-dua-grup-astra-bank-dan-tambang

Saham IPO Greenwood di Kisaran Rp275-Rp325
http://pasarmodal.inilah.com/read/detail/1797108/saham-ipo-greenwood-di-kisaran-rp275-rp325

Investor Yakin Bursa Kembali Bergairah
http://pasarmodal.inilah.com/read/detail/1797103/investor-yakin-bursa-kembali-bergairah

Adira Tawarkan Surat Utang Berbunga 7,25-9,25% 
http://finance.detik.com/read/2011/11/16/120700/1768424/6/adira-tawarkan-surat-utang-berbunga-725-925

Dolar Sentuh Rp 9.000, BI Salahkan Krisis Eropa 
http://finance.detik.com/read/2011/11/16/114506/1768409/6/dolar-sentuh-rp-9000-bi-salahkan-krisis-eropa

Bank of Tokyo Pertahankan Suku Bunga Tetap di 0,1%
http://pasarmodal.inilah.com/read/detail/1797107/bank-of-tokyo-pertahankan-suku-bunga-tetap-di-01

Bursa Asia Melemah Tertekan Yield Obligasi Eropa
http://pasarmodal.inilah.com/read/detail/1797091/bursa-asia-melemah-tertekan-yield-obligasi-eropa

Caplok Distributor BlackBerry, Erajaya IPO 40% 
http://finance.detik.com/read/2011/11/16/105545/1768352/6/caplok-distributor-blackberry-erajaya-ipo-40

CDS menanjak, harga obligasi pemerintah terkoreksi kemarin
http://investasi.kontan.co.id/v2/read/1321419042/82839/CDS-menanjak-harga-obligasi-pemerintah-terkoreksi-kemarin-

Saham INCO tergerus 3,6% seiring koreksi harga nikel
http://investasi.kontan.co.id/v2/read/1321416388/82833/Saham-INCO-tergerus-36-seiring-koreksi-harga-nikel-

Kinerja kinclong, saham BLTA melejit hingga 14%
http://investasi.kontan.co.id/v2/read/1321415873/82830/Kinerja-kinclong-saham-BLTA-melejit-hingga-14-

Masuk ke dalam indeks MSCI Indonesia, saham BULL melejit 7,5%
http://investasi.kontan.co.id/v2/read/1321415111/82828/Masuk-ke-dalam-indeks-MSCI-Indonesia-saham-BULL-melejit-75-

JADWAL 16 NOV:
BANK BUMI ARTA RUPSLB, Listing IPO Visi Media Asia,  cum Dev BBLD 30,
cumRight Issue MYOH 6:1 (420), BoJ Monetary Policy Meeting, Weekly mortgage apps, CPI, industrial production, housing market index, oil  inventories, Fed's Lacker speaks, Fed's Rosengren speaks, LA auto show; Earnings from Abercrombie & Fitch, Target, Applied Materials, Limited Brands, NetApp

Bloomberg: *BERLIAN LAJU JUMPS 17% IN INDONESIA TRADING :BLTA IJ

Bloomberg: *BUANA LISTYA GAINS MOST IN NEARLY 5 MONTHS AFTER MSCI ADDITION

Bloomberg: Rupiah Drops to Seven-Week Low After 2012 Growth Forecast Cut

Bloomberg: Asian Stocks Fall on Europe Concern as Italian Bond Yields Rise

Bloomberg: Palm Oil Falls as Much as 0.5% to 3,160 Ringgit a Metric Ton

Bloomberg: Indonesia’s BII Said to Raise 2.5 Trillion Rupiah From Bond Sale

Bloomberg: Rubber in Tokyo Drops 0.8%, Paring Earlier Gains

Bloomberg: Asians to Pull ETF Funds From Europe, U.S., Deutsche Bank Says

Asing Net Sell, IHSG Jadi Turun 0,1%
http://pasarmodal.inilah.com/read/detail/1797078/asing-net-sell-ihsg-jadi-turun-01

Rekomendasi Saham
IHSG Flat Mencermati Krisis Eropa
http://finance.detik.com/read/2011/11/16/075810/1768193/6/ihsg-flat-mencermati-krisis-eropa

Inilah Saham Pilihan Rabu (16/11)
http://pasarmodal.inilah.com/read/detail/1796935/inilah-saham-pilihan-rabu-1611

Rame-rame mengguyur rencana buyback saham
http://investasi.kontan.co.id/v2/read/1321405247/82799/Rame-rame-mengguyur-rencana-buyback-saham-

Sst.. Hari Ini IHSG Cenderung Flat
http://pasarmodal.inilah.com/read/detail/1797064/sst-hari-ini-ihsg-cenderung-flat

Saham PNBN Berpotensi ke Rp1.500
http://pasarmodal.inilah.com/read/detail/1797065/saham-bnpn-berpotensi-ke-rp1500

Tower Bersama akan Beli Menara ISAT
http://pasarmodal.inilah.com/read/detail/1797076/tower-bersama-akan-beli-menara-isat

BEI Buka Suspensi saham MAYA
http://pasarmodal.inilah.com/read/detail/1797082/bei-buka-suspensi-saham-maya

BLTA Catatkan Kenaikan Laba US$181,2 Juta
http://pasarmodal.inilah.com/read/detail/1797084/blta-catatkan-kenaikan-laba-us1812-juta

Erajaya akan Lakukan Program MESA 5%
http://pasarmodal.inilah.com/read/detail/1797086/erajaya-akan-lakukan-program-mesa-5

Wuih, ADHI akan Bangun Menara 100 Lantai
http://pasarmodal.inilah.com/read/detail/1796943/wuih-adhi-akan-bangun-menara-100-lantai

Duh.. Obligasi Italia akan Tekan Wall Street
http://pasarmodal.inilah.com/read/detail/1796930/duh-obligasi-italia-akan-tekan-wall-street

Gandeng Jepang, Saham Kras Dikerek ke Rp1.500
http://pasarmodal.inilah.com/read/detail/1797041/gandeng-jepang-saham-kras-dikerek-ke-rp1500

ITTG akan terima bayaran batubara US$ 3,9 juta
http://investasi.kontan.co.id/v2/read/1321404900/82798/ITTG-akan-terima-bayaran-batubara-US-39-juta-

Kuasi mundur, INAF tetap yakin bisa hapus defisit di tahun ini
http://investasi.kontan.co.id/v2/read/1321404000/82795/Kuasi-mundur-INAF-tetap-yakin-bisa-hapus-defisit-di-tahun-ini-

MFIN terima pinjaman bersifat murabahah senilai US$ 25 juta
http://investasi.kontan.co.id/v2/read/1321358608/82780/MFIN-terima-pinjaman-bersifat-murabahah-senilai-US-25-juta-

MSCI November 2011 : MSCI GLobal Standard Indices tidak ada saham baru yang masuk dan tidak ada saham lama yang keluar. MSCI Global Small Cap Indices ada masuk 16 saham baru : ADMG, AMFG, BULL, CFIN, CMNP, FASW, INDY, IDKM, KIJA, KKGI, MAPI, MASA, SMSM, SSIA, TRAM, TBLA, dan yang dikeluarkan ada 1 saham BSDE.

PNBN:::: MENURUT HAIAN INVESTOR DAILY BANK asal Tiongkok disebut-sebut sejumlah pelaku pasar tengah menjajaki akusisi PT Bank Panin Tbk (PNBN). Rumor yang beredar di pasar menyebutkan, bank Tiongkok menyiapkan US$ 500 juta untuk memuluskan transaksi akusisi. Alhasil, saham PNBN berpotensi menuju Rp 1.500 dalam jangka pendek.

MSCI Indonesia Investable Market Index Fund:
ASTRA INTERNATIONAL       13.52%
BANK CENTRAL ASIA          9.59%
TELEKOMUNIKASI             7.24%
BANK RAKYAT INDONESIA      7.21%
BANK MANDIRI               6.41%
UNITED TRACTORS            4.00%
BUMI RESOURCES             3.56%
GUDANG GARAM               3.28%
PERUSAHAAN GAS NEGARA      3.12%
BANK NEGARA INDONESIA      2.89%

P/E RATIO : 17X
Price To Book ratio: 4.42X

Hari ini likuiditas di pasar saham kita mungkin akan sangat membaik karena fund yang kemarin dialokasikan untuk membeli SUKUK indonesia di NY kemungkinan akan kembali ke pasar equity. Indonesia kemarin menjual SUKUK senilai $1 milyar diharga par dengan yield 4%. Sukuk kelebihan permintaan sebanyak 6.5X atauequal dengan $ 7.5 milyar (IDR67.5 trillion).

JSMR has excellent quality assets. Testimony to this is its ability to maintain 70% market share in 2008-11, despite JSMR’s competition having added 86.7km (80% of total) in domestic new toll roads during the same period. Going forward, support on JSMR’s market share will come from the construction of nine new projects, which we expect to be finished in stages over the next 5 years. With other players thus far adding just 1-2 new projects through 2015, contribution from new road lengths would mainly come from JSMR. Assuming the passing of the new land acquisition law in the near term, JSMR would be set to benefit from acceleration of even greater toll road project developments. Therefore, while completion on new toll road projects will mean generation of long-term growth for JSMR, current volume growth and periodic tariff adjustments will translate to continued short-term performance, cementing the company’s defensive business profile amid global economic uncertainties. With key assumptions remaining intact, we reiterate JSMR’s DCF-based target price of IDR4,800, reflecting 22% upside. BUY.