The Combination of Technical-Analysis & Astrolo9y (CTA)

Blog milik Andri Zakarias Siregar, Analis, Trader, Investor & Trainer (Fundamental/Technical/Flowtist/Bandarmologi: Saham/FX/Commodity), berpengalaman 14 tahun. Narasumber: Berita 1 First Media, Channel 95 MNC(Indovision), MetroTV, ANTV, Bloomberg BusinessWeek, Investor Today, Tempo, Trust, Media Indonesia, Bisnis Indonesia, Seputar Indonesia, Kontan, Harian Jakarta, PasFM, Inilah.com, AATI-IFTA *** Semoga analisa CTA & informasi bermanfaat. Happy Zhuan & Success Trading. Good Luck.

Saturday, May 7, 2011

Kalender Ekonomi & Event Global (09 - 13 Mei 2011): Down Pressure Is Limited For A Bull Attack (BI Rate/Dividend/Commo Rebound)

Kalender Ekonomi & Event Global
WIB: +11 Jam
http://www.forexfactory.com/calendar.php

Retail Sales Probably Climbed in April: U.S. Economy Preview
http://www.bloomberg.com/news/2011-05-08/retail-sales-probably-rose-showing-u-s-consumers-bearing-higher-prices.html

Week Ahead: Economy Could Stall Stock Market's Advance

http://www.cnbc.com/id/42935627

10 Things Cramer's Watching Next Week
http://www.cnbc.com/id/42936700

Oil Prices Will Top Highs After Correction: Goldman

http://www.cnbc.com/id/42928363

UPDATE 1-JP Morgan raises 2011 oil price forecasts
J.P. Morgan raised oil price forecasts for the rest of 2011 and 2012, a day after prices plunged an unprecedented $12 a barrel, as the bank expects tight supplies to offset economic headwinds.The bank raised its Brent forecast for the third quarter to $130 a barrel from $108, for the fourth quarter to $120 a barrel from $108 and overall 2011 forecast to $120 a barrel from $110.

J.P. Morgan expects WTI to average $109.5 per barrel in 2011, up from its previous forecast of $99. It projects Brent averaging $120 a barrel and WTI averaging $114 a barrel in 2012.The bank said its current supply and demand projections show a supply shortfall of 600,000 barrels per day (kbd) in the third quarter, even assuming that OPEC increases output by 1.2 million barrels per day (mbd) in the coming months.

Although the deficit could narrow to just 300 kbd by the fourth quarter, that narrowing would depend heavily on additional output increases by Saudi Arabia to 9.5 mbd, Angola to 1.7 mbd, and Iraq to 3.0 mbd by the end of the year, the bank said
Source : http://www.marketcall.net/

Earnings Roundup: May 9
http://www.cnbc.com/id/42933830

Flash Crash Anniversary: Are We Safer?
http://www.cnbc.com/id/42920347

Man Vs. Machine: ECNs, ATS, HFTs—Who the Players Are

http://www.cnbc.com/id/38973110

Hedge Funds Move Up in April, but Lag Stock Market
http://www.cnbc.com/id/42936368

Market Outlook: Weighing Silver Slide, Bin Laden News
http://video.cnbc.com/gallery/?video=3000020566

Investors pull money from commodity-sector funds
http://www.marketwatch.com/story/investors-pull-money-from-commodity-sector-funds-2011-05-06

Poll shows more rebound in summer vacation plans

http://www.marketwatch.com/story/poll-shows-more-rebound-in-summer-vacation-plans-2011-05-06

Dow on its way to 16,000

http://www.marketwatch.com/story/dow-on-its-way-to-16000-2011-05-06

Chinese inflation data on tap for Asia

EWI: How to Find and "Hook" Potential Trade Setups

How to Find and "Hook" Potential Trade Setups
A Free Lesson on How to Combine Technical Indicators with Elliott Wave Analysis
http://www.elliottwave.com/freeupdates/archives/2011/05/05/How-to-Find-and--Hook--Potential-Trade-Setups.aspx

400 Analysts and Economists Are Bullish. But Before You Join Them, See This Chart
http://www.elliottwave.com/freeupdates/archives/2011/05/04/400-Analysts-and-Economists-Are-Bullish.-But-Before-You-Join-Them,-See-This-Chart.aspxStocks

Commodity Markets Move Fast: Get Help with the Biggest Near-Term Swings
http://www.elliottwave.com/freeupdates/archives/2011/05/05/Commodity-Markets-Move-Fast-Get-Help-with-the-Biggest-Near-Term-Swings.aspx

Gold and Silver: Why Are Prices Falling?
http://www.elliottwave.com/freeupdates/archives/2011/05/05/Gold-and-Silver-Why-Are-Prices-Falling.aspx

Sovereign Debt Crisis: Will the Third Falling Domino Topple a Fourth?
http://www.elliottwave.com/freeupdates/archives/2011/05/05/Sovereign-Debt-Crisis-Will-the-Third-Falling-Domino-Topple-a-Fourth.aspx

Rally On the News of Bin Laden's Death, You Say? It's Not That Simple
http://www.elliottwave.com/freeupdates/archives/2011/05/02/Stocks-Rally-On-the-News-of-Bin-Laden-s-Death,-You-Say-It-s-Not-That-Simple.aspx

Has Inflation Taken Hold? Let's Take a Closer Look
Inflation vs. Deflation
http://www.elliottwave.com/freeupdates/archives/2011/05/03/Has-Inflation-Taken-Hold-Let-s-Take-a-Closer-Look.aspx

If They're Not Sinking, Why Are They Bailing?
http://www.elliottwave.com/press_room/media/archives/2011/05/04/If-They-re-Not-Sinking-Why-Are-They-Bailing.aspx

Get Your Fresh, Hot Soybean Analysis: Peeled & Ready to Read
http://www.elliottwave.com/freeupdates/archives/2011/05/03/Get-Your-Fresh-Hot-Soybean-Analysis-Peeled--Ready-to-Read.aspx

Friday, May 6, 2011

Laporan & Rumor Saham Indonesia 06-05 (Refresh)

Harga Komoditas Anjlok, IHSG Parkir di 3.798
http://www.detikfinance.com/read/2011/05/06/160603/1634187/6/harga-komoditas-anjlok-ihsg-parkir-di-3798

IHSG ditutup melemah 17,72 poin jadi 3.798,55
http://www.bisnis.com/market/saham/22855-ihsg-ditutup-melemah-1772-poin-jadi-379855

Morgan Stanley, the most profitable international brokerage house of 2010 according to Bloomberg survey, has just reaffirmed their stock rating of Bumi Resources as (BUMI.JK) as Underweight and kept its target price of Rp2.800 in line with the earlier adjustment on January 18, 2011. Meanwhile, Morgan Stanely is cited to maintain coal industry rating worldwide as Attractive.

Investasi di Pasar Modal Lebih Menjanjikan Ketimbang Emas
http://www.detikfinance.com/read/2011/05/06/163224/1634209/6/investasi-di-pasar-modal-lebih-menjanjikan-ketimbang-emas

Fitch berikan peringkat AA(idn) pada obligasi BII
http://investasi.kontan.co.id/v2/read/1304654230/66744/Fitch-berikan-peringkat-AAidn-pada-obligasi-BII

Laba Bersih INCO Naik 47% di Triwulan 1-2011
http://pasarmodal.inilah.com/read/detail/1489002/laba-bersih-inco-naik-47-di-triwulan-1-2011

Leyand International Cetak Laba Bersih Rp7,19 M
http://pasarmodal.inilah.com/read/detail/1488702/leyand-international-cetak-laba-bersih-rp719-m

Gajah Tunggal Cetak Laba Bersih Rp331,7 Miliar
http://pasarmodal.inilah.com/read/detail/1487392/gajah-tunggal-cetak-laba-bersih-rp3317-miliar

UNTR Prediksi Penjualan 4.200 Unit Alat Berat
http://pasarmodal.inilah.com/read/detail/1487252/untr-prediksi-penjualan-4200-unit-alat-berat

ASII Prediksi Produksi Mobil Turun 15% hingga Juni
http://pasarmodal.inilah.com/read/detail/1487142/asii-prediksi-produksi-mobil-turun-15-hingga-juni

Indomobil Anggarkan Capex Rp120 Miliar di 2011
http://pasarmodal.inilah.com/read/detail/1488562/indomobil-anggarkan-capex-rp120-miliar-di-2011

FISH Dapat Tambahan Pinjaman Modal Kerja US$50 Jt
http://pasarmodal.inilah.com/read/detail/1489052/fish-dapat-tambahan-pinjaman-modal-kerja-us50-jt

Inilah 10 Top Foreign Sell Hari Ini
http://pasarmodal.inilah.com/read/detail/1488552/inilah-10-top-foreign-sell-hari-ini

Inilah 10 Top Foreign Buy Saham Hari Ini
http://pasarmodal.inilah.com/read/detail/1488542/inilah-10-top-foreign-buy-saham-hari-ini

Saham PYFA Teraktif Diperdagangkan Hari Ini
http://pasarmodal.inilah.com/read/detail/1488672/saham-pyfa-teraktif-diperdagangkan-hari-ini

Pelemahan Komoditas Masih Benamkan Rupiah
http://pasarmodal.inilah.com/read/detail/1488622/pelemahan-komoditas-masih-benamkan-rupiah

Bakrie punya andil besar di saham Newmont
http://investasi.kontan.co.id/v2/read/1304685396/66803/Bakrie-punya-andil-besar-di-saham-Newmont

Beli 7% Saham Newmont, Pemerintah Dapat Diskon
http://www.detikfinance.com/read/2011/05/06/163657/1634212/4/beli-7-saham-newmont-pemerintah-dapat-diskon

BI berikan tiga hukuman sekaligus bagi Citibank
http://investasi.kontan.co.id/v2/read/1304671034/66781/BI-berikan-tiga-hukuman-sekaligus-bagi-Citibank

Penawaran tender Berau tersendat
http://www.bisnis.com/market/saham/22870-penawaran-tender-berau-tersendat

Indonesia’s 2011 Coal Output Expected to Gain 14%: Reuters Link

BNI pasok Rp 500 miliar untuk empat anak usaha
http://investasi.kontan.co.id/v2/read/1304572635/66623/BNI-pasok-Rp-500-miliar-untuk-empat-anak-usaha

Naik 81%, Saham Ratu Prabu Masuk UMA
http://www.detikfinance.com/read/2011/05/06/144707/1634058/6/naik-81-saham-ratu-prabu-masuk-uma

Transaksi Investor Saham Pontianak Capai Rp 1 Triliun/Bulan
http://www.detikfinance.com/read/2011/05/06/124914/1633926/6/transaksi-investor-saham-pontianak-capai-rp-1-triliun-bulan

Produksi Mobil Astra Turun 15%
http://www.detikfinance.com/read/2011/05/06/123810/1633919/1036/produksi-mobil-astra-turun-15?f9911013

UNTR Prediksi Penjualan 4.200 Unit Alat Berat
http://pasarmodal.inilah.com/read/detail/1487252/untr-prediksi-penjualan-4200-unit-alat-berat

Berau Coal Signs Supply Contract With Huaneng, Reuters Says

IHSG Sesi I Ditutup Turun 15,3 Poin, ASing Masih Net Buy Rp 106 miliar
http://pasarmodal.inilah.com/read/detail/1487052/ihsg-sesi-i-ditutup-turun-153-poin

Saham Komoditas Rontok, IHSG Berkurang 15 Poin
http://www.detikfinance.com/read/2011/05/06/113637/1633884/6/saham-komoditas-rontok-ihsg-berkurang-15-poin

Sektor perdagangan dan agrikultur masih membuat wajah indeks muram di sesi I
http://investasi.kontan.co.id/v2/read/1304657199/66753/Sektor-perdagangan-dan-agrikultur-masih-membuat-wajah-indeks-muram-di-sesi-I

Rekomendasi Saham Kontan:
http://investasi.kontan.co.id/v2/rekomendasi

Menu Sesi Dua: Komoditas & Bank
http://pasarmodal.inilah.com/read/detail/1487062/menu-sesi-dua-komoditas-bank

Rupiah Jumat Pagi Stabil di Posisi Rp8.564 http://www.investor.co.id/home/rupiah-jumat-pagi-stabil-di-posisi-rp8564/11344

GJTL: Laba Q1 2011 naik 34.57% dari Rp 246.4 miliar menjadi Rp 331.7 miliar.

Polycem Indonesia (ADMG) mencatat kenaikan penjualan di Q1 2011 menjadi 1.315T dibanding Q1 921M. Kenaikan ini disebabkan naiknya sales di sektor polyster dan bahan dasar pembuatan polyster (MEG) yg menyebabkan Gross Profit Margin ADMG menjadi 20% di Q1 2011 dibanding Q1 2010 7,3% dan di Full Year 2010 5.26%.

ASII Bagi Sisa Dividen Rp1.130 per Saham
http://pasarmodal.inilah.com/read/detail/1486852/asii-bagi-sisa-dividen-rp1130-per-saham

BYAN Raih Kredit Danai Akuisisi Tambang Batubara
http://pasarmodal.inilah.com/read/detail/1486962/byan-raih-kredit-danai-akuisisi-tambang-batubara

ROTI sudah bangun dua pabrik tahun ini
http://investasi.kontan.co.id/v2/read/1304647146/66733/ROTI-sudah-bangun-dua-pabrik-tahun-ini

Peringkat Obligasi SCTV Naik Jadi idA+
http://economy.okezone.com/read/2011/05/06/278/453950/peringkat-obligasi-sctv-naik-jadi-ida

Arus Modal Masuk Deras, Cadangan Devisa RI Sentuh US$ 113,8 Miliar
http://www.detikfinance.com/read/2011/05/06/091527/1633737/5/arus-modal-masuk-deras-cadangan-devisa-ri-sentuh-us--1138-miliar

Salim Ivomas Jual 20% Saham Lewat IPO 9 Juni
http://www.detikfinance.com/read/2011/05/06/101927/1633781/6/salim-ivomas-jual-20-saham-lewat-ipo-9-juni

Adaro Pasok Batubara Shanxi Coal Selama Dua Tahun?
http://www.detikfinance.com/read/2011/05/06/111155/1633853/1014/adaro-pasok-batubara-shanxi-coal-selama-dua-tahun

Dividen Menarik, Pyfa Akan Dikerek ke Rp 300?
http://www.detikfinance.com/read/2011/05/06/095753/1633766/1014/dividen-menarik-pyfa-akan-dikerek-ke-rp-300

REMINDER AGENDA MEI 2011:
-09 May 2011 Cum Dev INTA 56, Cum Right Issue UNTR 33:4 (15.050), Cum Right INDS 1:5 (1520), Rups PANS, Pertamina Likely To Restart Balikpapan Refinery, Mulai Penawaran IPO Megapolitan Land 240-300
-10 May 2011 Rups KBLV, TMPO, COWL, HEXA, INTP, AKRA, Vallar Plc expects to complete a stake increase in BUMI, Listing HD Finance, Mulai penawaran IPO Buana Listya Tama 105-175
-11 May 2011 Rups Wahana Ottomitra, TBIG, ACES, Cum Dev TCID 340, Cum Dev EXCL 107, Cum Dev SMCB 23, Cum Dev TRST 20
-12 May 2011 Rups BAYU, WIKA, FASW, MEGA, BRPT, BBCA, SMDR, Pengumuman BI Rate, Akhir penawaran IPO Buana Listya Tama 105-175, Cum Dev TOTL 14,67, Cum Dev BPFI 10, Cum Dev LPGI 112

-13 May 2011 Rups TRAM, BNII, PBRX (stock split 1:4), NIPS. Toko Gunung Agung, Listing Ipo Metropolitan Land
-16 May 2011 Rups JPFA, MBAI, Cum Dev Majapahit Securities 1
-18 May 2011 Rups HMSP, EPMT, PYFA, KKGI, PTSP, Pembangunan Graha Lestari, CPIN, BBNI, PGLI, BBKP, ADRO -mengikuti tender PLTU 2 x 1000 US$ 3 miliar megawatt di Kalimantan Selatan. PLN akan melakukan prakualifikasi ulang untuk proyek ini karena jumlah peserta tendernya kurang. Prakualifikasi ulang ini akan berjalan pada 18 Mei 2011.
-19 May 2011 Rups BBTN, MEDC, ELSA, Mandala Multi Finance, TLKM, GJTL, CPRO, DVLA, Gema Graha Sarana, Mahaka Media, UNVR, Modern International, Listing IPo Buana Listya Tama 105-175, Cum Dev MKPI 125
-20 May 2011 Rups PUDP, TSPC, BUDI, TBLA, PEGE, Cum Dev TOTL 14,67, Cum Dev AALI 640,

RUIS SECURED NEW GAS N OIL CONTRACTS IN PEKANBARU. RUIS WILL TEAM UP WITH CHINA'S CNOOC TO DEVELOP THE GAS AND OIL BLOCKS IN PEKANBARU. OFFICIAL ANNOUNCEMENT WIL BE MADE NEXT WEEK. (disc on)

BLOOMBERG:*BUY RUPEE, SELL RUPIAH ON OIL PRICE DROP, CITIGROUP SAYS

BLOOMBERG: *ASTRA INTERNATIONAL ALLOCATES $1.4B FOR 2011 CAPEX. ASTRA ALLOCATES 40% OF 2011 CAPEX FOR UNITED TRACTORS: SUGIARTO.

Indonesia Stocks: Aneka Tambang, London Sumatra, Wijaya Karya
http://www.bloomberg.com/news/2011-05-06/indonesia-stocks-aneka-tambang-london-sumatra-wijaya-karya.html

DJ Astra International Shareholders OK IDR1,130/Share Final Dividend
*DJ Astra International Dividend To Be Paid June 16
*DJ Astra International Shareholders OK IDR1,130/Share Final Dividend

Rumor: ADRO menandatangani MOU kontrak baru Batu Bara untuk 2 tahun kedepan oleh Shanxi Coal Import and Export Group Co., Ltd. Stated own company China sebesar 100 Juta metric Ton . Krisis supply batubara di China menyebabkan melonjaknya permintaan batubara ke seluruh dunia. Hal ini akan diperkirakan meningkatkan revenue ADRO kurang lebih 200% untuk Full Year 2011

ASII bagi deviden sekitar 45% atau Rp 1.600 termasuk deviden interim Rp 470 yg telah dibayarkan 15 Nov 2010. Pembayaran pada tgl 16 Juni 2011 utk pemegang saham yg tercatat pada DPS 1 Juni 2011 pukul 4pm.

BIPI TO BUY COAL PRODUCER IN EAST KALIMANTAN.

[Dow Jones] Indonesian shares are likely to fall, weighed by weak Asian markets and falling commodity prices, traders say. They expect the main index to find support at 3780 after it ended steady at 3816.272 Thursday. "There should be a healthy correction after recent gains, with many investors likely preferring to take cash ahead of the weekend," says a trader with a local securities firm. Commodity-related stocks such as coal producer Bukit Asam (PTBA.JK) and CPO producer Astra Agro (AALI.JK) may lead falls on profit-taking.

By Duncan Mavin
A DOW JONES COLUMN
Indonesian stocks are perkier than a cup of Java. But with Asia twitchy about inflation, is it time investors woke up and smelled the coffee?
The Jakarta Composite Index gained more than 170% in 2009 and 2010. For the first few weeks of 2011 it slipped back on fears about inflation and potential monetary tightening before recovering, setting new records along the way. Jakarta's average multiple of 2011 earnings is about 15; richer than Thailand's 13 times and the multiple of 14 times in the Philippines.

Risks abound. Wing Kin Chow, who runs Prudential Asset Management's IOF Indonesia Equity Fund, says Indonesian stocks still remain vulnerable to rising food and energy prices, currency fluctuations, or any spike in risk aversion that could see capital leaving the market for safe havens overseas. There is the danger that interest rates have to rise sharply to head off inflationary pressures. And the country's creaking infrastructure and its outdated labor and land laws are also in need of an upgrade.

Yet Indonesia has received several tacit endorsements in recent weeks. Standard & Poor's has upgraded Indonesia's sovereign debt to a BB+ rating. Global bond buyers, meanwhile, shelled out $2.5 billion on 10-year Indonesian government bonds yielding 5.1%. And Chinese premier Wen Jiabao visited the capital Jakarta last week on a goodwill visit with a fistful of foreign investment dollars
valsa adistri: All this reflects a strong macroeconomic backdrop. The Indonesian currency, the rupiah, has been at or near seven year highs against the U.S. dollar recently, while foreign direct investment jumped 11.6% in the first quarter of 2011. The country's budget deficit looks under control, and its debt-to-gross domestic product ratio has been coming down steadily in recent years. Indonesia's GDP growth could hit 6.2% in 2011, according to the International Monetary Fund. That's better than any year in the past decade other than 2007 -- when GDP growth was 6.3% -- and better than some of Indonesia's neighbors, such as Malaysia and Thailand are expecting.

Crucially, S&P has also said it might raise Indonesia's credit rating further. That could open up the local debt markets to some foreign investors, such as U.S. pension funds, that can't buy sub- investment grade debt.This could provide the jolt Indonesia needs to weather nervousness about Asian markets in general. In particular, energy and financial services stocks would benefit from a lower cost of borrowing. In this year of living dangerously, Indonesia's upgrade potential offers some insurance.
(Duncan Mavin oined the The Wall Street Journal in Hong Kong from Canada's National Post where he was a foreign correspondent and business reporter. He was previously a chartered accountant in London and Toronto. He can be reached at +852 2832 2397 or by email at duncan.mavin@wsj.com)

Dividen Menarik, PYFA Akan Dikerek ke Rp 300
http://pasarmodal.inilah.com/read/detail/1486522/dividen-menarik-pyfa-akan-dikerek-ke-rp-300

Soft Start Tipped For Jakarta Stocks
http://news.ino.com/headlines/?newsid=50520112659

Bukit Asam Allocates 1 Tln Rupiah for Power Plant, Daily Reports

Agenda 06 May 2011 Rups ASII, Cum Dev MERK 4464, Cum Dev TRIO 15

Provisi meningkat, laba BBCA tergerus
http://investasi.kontan.co.id/v2/read/1304644548/66728/Provisi-meningkat-laba-BBCA-tergerus

Bloomberg: Wijaya Karya Delays Unit’s IPO Until 2012, Bisnis Indonesia Says

Bloomberg: Fajar Surya Seeks $70 Million Bank Loan, Bisnis Indonesia Says

Bloomberg: Tunas Allocates 504.4 Bln Rupiah for 2011 Capex, Bisnis Says

Salim Ivomas to Sell 3.16 Billion New Shares at 200 Rupiah Each

INDONESIA FOREX RESERVE AS OF END APRIL AT $113.8 BILLION

Lippo Karawaci to Build Two JW Marriott Hotels, Kontan Reports

Saham BNII Dilirik Chairul Tanjung
http://pasarmodal.inilah.com/read/detail/1486462/saham-bnii-dilirik-chairul-tanjung

Rumor investordaily:
BRMS: Vallar Plc akan menambah kepimilikan saham di Newmont dan sedang diincar investor Afrika untuk memperbesar konsesi tambang

WINS: akan melakukan placement saham sebesar 5% pada harga Rp 415, placement ini oversubscribed 2,5 kali dimana Northstar, Schroder dan Jamsostek menjadi pembeli terbanyak, dan CSFB dn CLSA ditunjuk sebagai book runner dlm placement ini

Harga Minyak Jatuh, Wall Street Merosot
http://www.detikfinance.com/read/2011/05/06/070349/1633682/6/harga-minyak-jatuh-wall-street-merosot?f9911023

Permintaan lesu, harga tembaga dan timah melemah
http://investasi.kontan.co.id/v2/read/1304636989/66708/Permintaan-lesu-harga-tembaga-dan-timah-melemah

KRAS bangun pabrik besi tanur tinggi senilai Rp 5,92 triliun
http://investasi.kontan.co.id/v2/read/1304640163/66716/KRAS-bangun-pabrik-besi-tanur-tinggi-senilai-Rp-592-triliun

Hati-hati, harga emas masih diprediksi melorot minggu depan
http://investasi.kontan.co.id/v2/read/1304641877/66721/Hati-hati-harga-emas-masih-diprediksi-melorot-minggu-depan

Jasa Marga Catat Laba Bersih Rp371,7 miliar
http://pasarmodal.inilah.com/read/detail/1485582/jasa-marga-catat-laba-bersih-rp3717-miliar

Inilah Nominal Dividen INCO
http://pasarmodal.inilah.com/read/detail/1485122/inilah-nominal-dividen-inco

Akhir Pekan, Lakukan Selective Buying
http://pasarmodal.inilah.com/read/detail/1484622/akhir-pekan-lakukan-selective-buying

@HITSaham TA Creation of ADRO / ARTI / BIPI / POLY / PYFA

ADRO: Potensi penutupan di kisaran 2.375 (06-05 / 09-05), akan mencapai level tertinggi pada 2.500 (11/05/2011). Source: Chartnexus & Esmart (BNI Securities)

ARTI

BIPI

POLY

PYFA

@Commodity Crash Akan Membebani Kinerja Bull Saham Global

IHSG

DJIA

CRUDE OIL

GOLD

CRB Commodity Index

EUR-USD:

The Bin Laden Effect on the Oil and Gasoline Market

By Bob van der Valk
The oil market turned around this week and spot market gasoline and diesel prices in turn went back down the week of May 1, 2011. This goes against the grain of what usually happens when American Petroleum Industry (API) and Department of Energy (DOE) inventory reports show draws for both gasoline and diesel.

Read More: http://www.econmatters.com/2011/05/bin-laden-effect-on-oil-and-gasoline.html#more

Profitable Trade Setups for the Coming Gold, Silver and Dollar Reversals

Let us start with the U.S. dollar, which had a really bad week after Bernanke and with the Fed`s dovish stance towards inflation. The dollar is now near a three-year low at 73.11. Much of the dollar weakness can be attributed to Bernanke's style rather than substance, with his statement that there will be no QE3 due to the upside benefits being outweighed by the negative side effects of creating additional inflation in the economy. That is actually something new out of Bernanke, and completely missed by the market.

Read More: http://seekingalpha.com/article/266892-profitable-trade-setups-for-the-coming-gold-silver-and-dollar-reversals

Thursday, May 5, 2011

@Market Profile + Moon Circle: BUMI - The Worst Is Over, Bull Attack Continue

BUMI: BUMI To Attack 4.000 (H1) / 5.350 (Year-End) / 7.000 - 8.000 (Summer 2012)???

BNBR:

Harry Dent: “Major Crash” Coming for Stocks, Commodities Already Topping Out

The first quarter comes to a close today with major averages at or near multi-year highs. Expect "substantial" further gains for stocks before a "major top" occurs in late summer, says noted forecaster Harry Dent, founder of HS Dent and The Dent Method.

The good news, for those long, is Dent predicts the Dow will trade as high as 13,200 by mid-summer and the S&P 500 as high as 1430, or more-than 7% above current levels. The bad news is "then we could see another major crash," Dent says, forecasting the Dow could trade as low as 3300 in a worst-case scenario. "Bubbles go back to where they started or a little lower," he says. "The stock market bubble started at (Dow) 3800 in late 1994."

Read More: http://finance.yahoo.com/blogs/daily-ticker/harry-dent-major-crash-coming-stocks-commodities-already-20110331-080715-415.html;_ylt=AnEqe5LSd_9IuSMnqJgmBWop2YdG;_ylu=X3oDMTE0bnBoYW5qBHBvcwMyBHNlYwNNZWRpYUZlYXR1cmVkTGlzdEVkaXRvcmlhbA--;_ylg=X3oDMTJoY2QxdXByBGludGwDdXMEbGFuZwNlbi11cwRwc3RhaWQDNzk4NjAxOTktMzM2Mi0zMDVlLWI2NWYtNTE0YzJmNzZmNGFjBHB0A3N0b3J5cGFnZQR0ZXN0Aw--;_ylv=3

Laporan & Rumor Saham Indonesia 05-05 (Refresh)

(Dow Jones) DJIA still has more to fall before investors can expect a meaningful bounce. The next significant support is at the 12400-12450 level, which capped the index in February and early-April. Given how strong this level was as resistance on the way up, it shouldn't give way easily. DJIA down 160 at 12564, off an intraday low of 12521. But since the S&P 500 has already slid through similar support at 1339-1344, a DJIA breakdown may be just a matter of time. S&P 500 down 14 at 1333. If the DJIA closes below 12400, downside levels to watch include the 12280 (50-day moving average) and 12094 (April low).

(Dow Jones) Nymex crude-oil futures broke below $100/barrel for the first time since March 17 amid a broad commodity selloff, sparked in part by a sharp move higher in the dollar. If oil ends where it is now--settlement will happen at around 2:45 p.m. EDT--it'll be the biggest one-day drop in percentage terms since April 2009. While consumers (that's you and me, buddy), can breathe a sigh of relief, they're not out of the woods yet. Brent crude, which is widely seen as a better indicator of global supply and demand, continues trade well in the triple digits, at $111.11, down 7.9% on the day. Nymex recently down 8.3% after trading back up above $100.

(Dow Jones)--The euro fell more than 2% on the day against the dollar Thursday, as global slowdown fears and falling commodity prices sent investors scurrying from riskier currencies. The euro slid to $1.4518 from $1.4827 late Wednesday, according to EBS via CQG. The 2% drop was its largest biggest daily fall in percentage terms since August 2010, according to Brown Brothers Harriman. Earlier in the day, the euro's steep fall was triggered after European Central Bank President Jean-Claude Trichet didn't meet market expectations of signaling an ECB rate hike in June.

Setelah diwarnai aksi jual, IHSG ditutup menguat
http://investasi.kontan.co.id/v2/read/1304587315/66662/Setelah-diwarnai-aksi-jual-IHSG-ditutup-menguat

Dana Asing Topang Rebound IHSG
http://pasarmodal.inilah.com/read/detail/1484542/dana-asing-topang-rebound-ihsg

Ekonomi Indonesia Tumbuh 6,5%, IHSG Stagnan
http://www.detikfinance.com/read/2011/05/05/160744/1633377/6/ekonomi-indonesia-tumbuh-65-ihsg-stagnan

JAKARTA. PT Jasa Marga Tbk (JSMR) berhasil meraih laba bersih sebesar Rp 371,7 miliar pada kinerja kuartal I 2011. Perolehan ini naik 27,46% dari laba bersih periode yang sama di tahun lalu yaitu Rp 291,6 miliar. Kenaikan kinerja didukung oleh pendapatan yang bertambah 13,8% menjadi Rp 1,154 triliun. Volume transaksi lalu lintas semakin padat hingga bertambah 12% menjadi 251,7 juta kendaraan.       Sekretaris perusahaan JSMR, Okke Marlina menjelaskan, kenaikan signifikan itu tak dibuntuti melonjaknya beban usaha. Beban hanya naik 5% menjadi Rp 552,9 miliar. "Ini menunjukkan bahwa korporasi tetap menjaga efisiensi di aspek beban usaha," ujar Okke, Kamis, (5/5).

Inilah 10 Top Foreign Buy Saham Hari Ini
http://pasarmodal.inilah.com/read/detail/1484512/inilah-10-top-foreign-buy-saham-hari-ini

Inilah 10 Top Foreign Sell Hari Ini
http://pasarmodal.inilah.com/read/detail/1484572/inilah-10-top-foreign-sell-hari-ini

Tunas Ridean Bagi Sisa Dividen Rp5/Saham
http://pasarmodal.inilah.com/read/detail/1484312/tunas-ridean-bagi-sisa-dividen-rp5saham

IPO HD Finance Alami 'Oversubscribe' 2,32 Kali
http://pasarmodal.inilah.com/read/detail/1484322/ipo-hd-finance-alami-oversubscribe-232-kali

Operasi Berhenti, CPRO Alihkan Udang ke Aset Lain
http://pasarmodal.inilah.com/read/detail/1484272/operasi-berhenti-cpro-alihkan-udang-ke-aset-lain

Naiknya permintaan batubara dari China membuat BUMI dan ADRO melambung
http://investasi.kontan.co.id/v2/read/1304583758/66653/Naiknya-permintaan-batubara-dari-China-membuat-BUMI-dan-ADRO-melambung

ADRO -mengikuti tender PLTU 2 x 1000 US$ 3 miliar megawatt di Kalimantan Selatan. PLN akan melakukan prakualifikasi ulang untuk proyek ini karena jumlah peserta tendernya kurang. Prakualifikasi ulang ini akan berjalan pada 18 Mei 2011.
-Selain dengan PLN, ADRO sendiri tengah membangun proyek pembangkit listrik
2 x 30 megawatt untuk kebutuhan konsumsi internal ADRO dan kontraktor lain di
sekitar lokasi operasional ADRO di Tabalong, Kalimantan Selatan. Adapun nilai
investasi untuk proyek ini sebesar US$ 160 juta.
-"Proyek 2 x 30 MW ini diperkirakan selesai pada kuartal pertama 2011,"

Penurunan emas mulai menjadi-jadi, investor harus waspada
http://investasi.kontan.co.id/v2/read/1304585736/66658/Penurunan-emas-mulai-menjadi-jadi-investor-harus-waspada

Harga kontrak CPO bakal mencapai puncak pada Juli mendatang
http://investasi.kontan.co.id/v2/read/1304578379/66640/Harga-kontrak-CPO-bakal-mencapai-puncak-pada-Juli-mendatang

BLOOMBERG: ADARO, BUMI ADVANCE AS UBS FORECASTS CHINA COAL IMPORTS TO RISE

Elnusa Bakal Raih Kontrak Senilai US$90 Juta
http://pasarmodal.inilah.com/read/detail/1483572/elnusa-bakal-raih-kontrak-senilai-us90-juta

JAKARTA. PT Elang Mahkota Teknologi Tbk (EMTK) membagikan dividen interim senilai Rp 51,273 miliar atau Rp 10 per saham dari laba bersih perseroan tahun 2010. Berdasarkan laporan keuangan 2010, laba bersih EMTK melonjak 165% menjadi Rp 429,188 miliar. "Dividen interim sejumlah Rp 10 per saham adalah dividen final perseroan untuk tahun buku 2010. Perseroan tidak memberikan dividen tambahan dikarenakan sedang menyelesaikan rencana akuisisi PT Indosiar Karya Media Tbk (IDKM)," ungkap Presiden Direktur EMTK Susanto Suwarto dalam keterangan pers tertulis, Kamis, (5/5). Setelah dikurangi pembagian dividen, sebanyak Rp 375,915 miliar dimasukkan sebagai laba ditahan perseroan. Sebanyak Rp 2 miliar akan dipakai sebagai cadangan wajib.

INDY berencana menambah modal perusahaan dgn melepas 10% saham baru tanpa hak memesan efek terlebih dahulu

Jakarta - Laba bersih PT Modernland Realty Tbk (MDLN) pada kuartal I 2011 naik menjadi Rp27,5 miliar dari Rp2,3 miliar pada periode yang sama tahun 2010.

Kuartal I 2011, laba ELSA amblas 60,7%
http://investasi.kontan.co.id/v2/read/1304576343/66633/Kuartal-I-2011-laba-ELSA-amblas-607

Tingkat Pengangguran Diklaim Turun 0,6%
http://economy.okezone.com/read/2011/05/05/20/453579/tingkat-pengangguran-diklaim-turun-0-6

Bluechip Tertekan, IHSG Sesi I Turun 11,22 Poin. Asing Net Buy Rp 124 miliar
http://pasarmodal.inilah.com/read/detail/1483312/bluechip-tertekan-ihsg-sesi-i-turun-1122-poin

Data PDB Tahan IHSG di Level 3.800
http://www.detikfinance.com/read/2011/05/05/120503/1633035/6/data-pdb-tahan-ihsg-di-level-3800

Sektor keuangan seret IHSG ke teritori negatif
http://investasi.kontan.co.id/v2/read/1304572685/66624/Sektor-keuangan-seret-IHSG-ke-teritori-negatif

Rupiah Semester Kedua Capai Rp8.400 per Dolar
http://www.investor.co.id/marketandcorporatenews/rupiah-semester-kedua-capai-rp8400-per-dolar/11272

BPS: Ekonomi RI Tumbuh 6,5%
http://www.detikfinance.com/read/2011/05/05/113304/1632995/4/bps-ekonomi-ri-tumbuh-65?f9911013

Soliditas Kinerja Emiten
http://www.investor.co.id/home/soliditas-kinerja-emiten/11267

Suntik Anak Usaha, BNI Pakai 5% Dana Rights Issue
http://pasarmodal.inilah.com/read/detail/1483242/suntik-anak-usaha-bni-pakai-5-dana-rights-issue

Cermati Saham Berkinerja Positif & Valuasi Murah
http://pasarmodal.inilah.com/read/detail/1483272/cermati-saham-berkinerja-positif-valuasi-murah

CLSA. CMNP now trades at 7.1 PE11 . The stock has underperfomed its better peer JSMR which now trades at 14.8xPE. Profit in 2010 guadrupled from 2009, hence dividend is expected about Rp 60/sh (assuming payout ratio of 40%)

Bapepam masih kaji laporan BNBR
http://investasi.kontan.co.id/v2/read/1304565032/66598/Bapepam-masih-kaji-laporan-BNBR

Saham AGRO langsung melejit 13% setelah dikabarkan akan di tender offer BRI
http://investasi.kontan.co.id/v2/read/1304568070/66608/Saham-AGRO-langsung-melejit-13-setelah-dikabarkan-akan-di-tender-offer-BRI

Indonesia’s Growth Slows, Giving Room to Extend Rate-Rise Pause
http://www.bloomberg.com/news/2011-05-05/indonesia-s-growth-slows-giving-room-to-extend-rate-rise-pause.html

Varathan Says Indonesia to Have Higher Growth This Year: Video
http://www.bloomberg.com/news/2011-05-05/varathan-says-indonesia-to-have-higher-growth-this-year-video.html

Euro Rises Toward 17-Month High Before ECB Meets; Aussie Falls

Salim Ivomas Naikan Dana IPO jadi Rp 6 T (USD 700 juta) dari sebelumnyaUSD 200-300 juta. Bookbuilding 9-20 mei. Listing 9 Juni

Jadwal Pembagian Deviden Tunai 2011

Kode Saham, Cum-date Ex-date Keterangan

TRIO Dividend 6-May-11 9-May-11 Rp15 per saham

INTA Dividend 9-May-11 10-May-11 Rp56 per saham

EXCL Dividend 11-May-11 12-May-11 Rp107 per saham

SMCB Dividend 11-May-11 12-May-11 Rp23 per saham

LPGI Dividend 12-May-11 13-May-11 Rp112 per saham

BPFI Dividend 12-May-11 13-May-11 Rp10 per saham

AALI Dividend 20-May-11 23-May-11 Rp640 per saham

TGKA Dividend 24-May-11 25-May-11 Rp51 per saham

ADRO Dividend 27-May-11 1-Jun-11 Rp20,5 per saham

BBRI Dividend 27-May-11 30-May-11 Rp70,04 per saham

HRUM Dividend 30-May-11 31-May-11 Rp244.1 per saham

UNTR Dividend 31-May-11 1-Jun-11 Rp 270 per saham

ADMF Dividend 9-Jun-11 10-Jun-11 Rp954.14 per saham

AUTO Dividend Juni 11 Juni 11 Rp434 per saham

*DJ Indonesia 1Q GDP +6.50x% On Year; Mkt Expected +6.53%
*DJ Indonesia 1Q GDP +1.50% On Quarter; Mkt Expected +1.62%
*DJ Indonesia 1Q GDP +6.50x% On Year; Mkt Expected +6.53%

Bloomberg: Timah Drops Most in Three Weeks in Jakarta as Tin Futures Fall

Bloomberg: Palm Oil Gains as Much as 0.5% to 3,280 Ringgit a Metric Ton

Setoran Dividen Bank BUMN Dipangkas 50%
http://www.detikfinance.com/read/2011/05/05/104318/1632928/5/setoran-dividen-bank-bumn-dipangkas-50

*DJ Bukit Asam CEO: Expect 2011 Revenue Up 51% To IDR12 Tln
*DJ Bukit Asam CEO: Expect 2011 Net Profit Above IDR3 Tln Vs IDR2.01 Tln

China Coal Imports May Rise as Drought Saps Hydropower, UBS Says

Bloomberg: Bank Rakyat Offers to Buy Agroniaga Shares at 182 Rupiah Each. Agroniaga Gains Most in Eight Weeks as Rakyat to Buy Shares

Indomobil, Krakatau, Lippo Karawaci: Indonesia Equity Preview
http://www.bloomberg.com/news/2011-05-05/indomobil-krakatau-lippo-karawaci-indonesia-equity-preview.html

Indonesia Stocks May Fall Below 3,800-Point Level
http://news.ino.com/headlines/?newsid=50420112332

IPO Buana Listya membeludak 6,03 kali
http://investasi.kontan.co.id/v2/read/1304556038/66585/IPO-Buana-Listya-membeludak-603-kali

GZCO: memasuki bullish dari netral intraday & masih dalam fase konsolidasi, berpotensi menuju resist 410/435 (buy jika tembus). Support di 380/345 (entry buy). DEWA: intraday di area netral dalam bullish pattern, cenderung konsolidasi hari ini , range diperkirakan 91 (buy) - 99 - 102 (Sell).

Rumor Investor Daily 5/5/2011
UNSP: Vallar Plc disebut” akan membeli 15% saham UNSP, dan masuknya Vallar diduga bakal menambah cash flow UNSP setelah membeli PT Domba Mas, Laba Bersih 1Q diprediksi meroket 300% menjadi Rp 192 Miliar, karena lonjakan harga karet dn CPO

TMPO: !Q Meningkat cukup tajam dan akan menambah capex 20% tahun ini

LMPI: akan backdoor listing dengan menjadikan LMPI sebagai kendaraan investasinya. Maspion backdoor listing dgn membeli 17,78% saham milik Langgeng Bahagia

BUDI: Laba Bersih melonjak 250% akibat ekspandi Perluasan pabrik tepung tapioca dn turunnya harga singkong. Investor Arab dn India sedang menjajaki akuisisi kepemilikan saham perseroan. Bakal Membagikan Deviden

Hari ini akan dirilis GDP Q1 Indonesia pukul 10.30 WIB. BI Rate akan dirilis pada 12 Mei 2011 mendatang.

IHSG: berpotensi mengalami technical rebound dari pola breakout neckline inverted H&S di intraday. Resist 3836-3850, support 3.804/3.783.

Bloomberg: Coal Two-Year High May Spur China Import Rebound: Energy Market
Bloomberg: Australia Stock Futures Drop as U.S. Weakens, Commodities Fall
BLOOMBERG: *INDO INTEGRATED ENERGY GIVES RESULTS OF CONSENT SOLICITATION

Bloomberg: Krakatau Steel Plans to Build a 5.9-Trillion Rupiah Iron Mill

Bloomberg: Indomobil Finance to Sell 500 Billion Rupiah of Bonds June 1-6

Bukit Asam, Indo Tambangraya Megah, dan Alam Sutera Top Performing Listed Companies 2011 http://www.investor.co.id/marketandcorporatenews/bukit-asam-indo-tambangraya-megah-dan-alam-sutera-top-performing-listed-companies-2011/11240

IPO Waskita Tunggu Restrukturisasi Rampung
http://economy.okezone.com/read/2011/05/04/278/453371/ipo-waskita-tunggu-restrukturisasi-rampung

Saham-saham Batubara Jadi Rekomendasi Kamis (5/5) http://pasarmodal.inilah.com/read/detail/1480622/saham-saham-batubara-jadi-rekomendasi-kamis-55

BUMI Tunda Pelaksanaan RUPST/RUPSLB http://pasarmodal.inilah.com/read/detail/1481192/bumi-tunda-pelaksanaan-rupstrupslb

Grup Lippo Kembali Beli Saham LPKR http://pasarmodal.inilah.com/read/detail/1481672/grup-lippo-kembali-beli-saham-lpkr

Triwulan I-2011, Pendapatan Jasa Marga Capai Rp 1,15 Triliun http://www.investor.co.id/home/triwulan-i-2011-pendapatan-jasa-marga-capai-rp-115-triliun/11237

BLOOMBERG:*INDONESIA CENTRAL BANK ALLOWING RUPIAH TO GAIN: BRODJONEGORO

BLOOMBERG: *INDONESIA'S EXCHANGE RATE IS STABLE, MARTOWARDOJO SAYS. INDONESIA CONFIDENT GOVERNMENT CAN CONTAIN INFLATION

PTBA Optimis Akuisisi 2 Perusahaan Tambang http://pasarmodal.inilah.com/read/detail/1482412/ptba-optimis-akuisisi-2-perusahaan-tambang

Pendapatan Naik, TMPO Akan Naik ke Rp 200 http://pasarmodal.inilah.com/read/detail/1482292/pendapatan-naik-tmpo-akan-naik-ke-rp-200

April, Penjualan Latinusa Dipastikan 38 Ribu Ton
http://economy.okezone.com/read/2011/05/05/278/453455/april-penjualan-latinusa-dipastikan-38-ribu-ton

IHSG Masih Diancam Profit Taking http://economy.okezone.com/read/2011/05/05/278/453463/ihsg-masih-diancam-profit-taking

Fundamentally:
CIMB mempertahankan rating OVERWEIGHT untuk sektor perbankan dengan top picks pada BBKP dengan TP Rp1200, BMRI dengan TP Rp9300, BBTN dengan TP Rp2800 dan BDMN dengan TP Rp8400. Earning perbankan mencapai 38% yoy pada 1Q11 dengan BMRI menjadi bintang. Namun kami mendowngrade BBRI dengan TP Rp6600, BJBR dengan TP Rp1350, BBNI dengan TP Rp4650 karena melemahnya pertumbuhan earning. Kami menilai BBRI layak mendapat rating SELL karena valuasi telah melebihi growth potential dan akan memberi downside. Prediksi kami loan growth 2011 adalah 20-22%.

Banks
In an earnings drive - by Mulya Chandra CFA
Despite loan seasonality, the earnings of Indonesian banks grew a remarkable 38% yoy in 1Q11, double our expectation, with Mandiri providing the main booster. On the heels of the results, we upgraded our ratings for Mandiri, Bukopin, and BTPN, while downgrading Rakyat, Jabar, and BNI for early symptoms of weaker earnings growth ahead. Consistent with our bottom-up strategy, our top picks remain Bukopin, Mandiri, BTN and Danamon for their company-specific strengths. Our main sell is Rakyat, on our belief that its valuations have run ahead of its growth potential, which could surprise on the downside. Loan growth beating consensus FY11 estimates of 20-22% should be the sector's prime re-rating catalyst.:

BNBR
(CC) Bakrie and Brothers: SOTP valuation is Rp142/share (BNBR, Rp75, Not rated)
∙    Yesterday, BNBR market price rose by 11.9%. After a closer look at its SOTP valuation, we understand that BNBR share price has been laggard from its subsidiaries.
∙    SOTP valuation using yesterday market prices results in BNBR fair price price of Rp142/share. This figure is 9.2% higher than previous SOTP valuation of Rp130/share using 30 March 2011 market price. Between 30 March and yesterday, market price for its SOTP components increased: UNSP by 12.5%, BTEL by 8.6%, Vallar by 4.2%, ENRG by 27.7%, and ELTY by 1.4%

Indonesia Banks Big Picture
April 2011: Foreign Investors Remain Overweight, Prefer Low PB n Foreign investors prefer BMRI, BBNI and BBTN over BBRI accounting change — In the post strong CY10 result month (March), net foreign buying was concentrated in BMRI, BBNI and BBTN (Fig. 1). Banking sector 2010 EPS growth of 43% was well above 27% forecast. BMRI, BBNI and BBTN were 5- 10% above expectations. While BBRI surprised the most with 56% EPS growth, with the stock up +12% in April, the data show no significant changes in foreign ownership. There was marginal buying in BBCA and selling in BDMN. ( citi group)

Rumor: ASII akan memiliki 10% saham ADRO seiiring dengan rencana perusahaan untuk diversifikasi ke sektor batubara. ADRO dinilai adalah salah satu perusahaan batubara yang solid dan sangat potensial untuk 10 tahun kedepan berdasarkan kapasitas produksi dan cadangannya. Dikabarkan ASII akan membeli saham ADRO pada harga Rp2,800.

Pertumbuhan ini dapat mendongkrak harga TMPO ke level Rp 200 dengan perhitungan PE Ratio yang masih sangat murah dibandingkan perusahaan media lain. TMPO ditutup menguat ke level auto reject atas Rp 128 atau meningkat 33 poin (+34.74%)

REMINDER::AGENDA 06 May 2011 Rups ASII, Cum Dev MERK 4464, Cum Dev TRIO 15

09 May 2011 Cum Dev INTA 56, Cum Right Issue UNTR 33:4 (15.050), Cum Right INDS 1:5 (1520), Rups PANS, Pertamina Likely To Restart Balikpapan Refinery, Mulai Penawaran IPO Megapolitan Land 240-300

10 May 2011 Rups KBLV, TMPO, COWL, HEXA, INTP, AKRA, Vallar Plc expects to complete a stake increase in BUMI, Listing HD Finance, Mulai penawaran IPO Buana Listya Tama 105-175

JP Morgan: We upgrade ADRO to a higher target price at Rp4,500 prev Rp4,000 based on robust financial performance and sustainable growth on EPS. We forecast the EPS will increase double for FY2011

REMINDER:::CIMB mempertahankan rating NEUTRAL untuk Adaro Energy (ADRO) dengan target harga Rp2600 berdasarkan metode NAV. Laba inti 1Q11 sebesar $110mn atau naik 98% qoq (karena low base pada 4Q10 karena cuaca buruk), namun sejalan dengan ekspektasi kami, sekitar 20% dari FY11. Kami melihat earning akan menguat untuk kedepannya. ADRO masih merupakan saham coal termahal disektor ini, 14.8x FY11 PER (vs sector average 13x) (CIMB - 02 May 2011)

United Tractors by Macquarie
Komatsu Japan: Greater activities; Higher 2011 volume guidance
With the completion of reconstruction on Komatsu manufacturing plants at all five locations in Japan, we expect gradual improvement on production activities to occur in the near term. According to Komatsu, the company is striving to ensure stabilization on production through regular assessments in the restoration progress on its suppliers and infrastructure facilities. UT has now provided new and higher 2011 volume guidance of around 7,000 for its heavy equipment sales. Thus, we have raised our 2011 volume estimate by 13% to 7,087 units (+31.1% y-y) from 6,238 units (+15.4% y-y) previously given 1Q11 Komatsu sales volume realization of 2,207 units (+81.2% y-y)

Wednesday, May 4, 2011

The Outlook for Stocks in May

There is positive pressure for stocks into and around the new moon of May 3, then negative pressure after that into and around the full moon of May 17:

Laporan & Rumor Saham Indonesia 04-05 (Refresh)

SSIA Raih Laba Bersih Rp117,6 Miliar pada Q1-2011
http://pasarmodal.inilah.com/read/detail/1481222/ssia-raih-laba-bersih-rp1176-miliar-pada-q1-2011

Grup Bakrie Giring IHSG ke Zona Positif
http://pasarmodal.inilah.com/read/detail/1480722/grup-bakrie-giring-ihsg-ke-zona-positif

Inilah 10 Top Foreign Buy Saham Hari Ini
http://pasarmodal.inilah.com/read/detail/1480802/inilah-10-top-foreign-buy-saham-hari-ini

Asing Bawa IHSG Ditutup Naik Tipis 1,06 Poin
http://pasarmodal.inilah.com/read/detail/1480492/asing-bawa-ihsg-ditutup-naik-tipis-106-poin

IHSG Naik Secuil Berkat Aksi Beli di Menit-menit Akhir
http://www.detikfinance.com/read/2011/05/04/160717/1632468/6/ihsg-naik-secuil-berkat-aksi-beli-di-menit-menit-akhir

Wow, indeks rebound disokong sektor perdagangan di sesi sore
http://investasi.kontan.co.id/v2/read/1304500742/66550/Wow-indeks-rebound-disokong-sektor-perdagangan-di-sesi-sore

Ajinomoto Targetkan Penjualan Tumbuh 10% pada 2011
http://www.investor.co.id/marketandcorporatenews/ajinomoto-targetkan-penjualan-tumbuh-10-pada-2011/11203

Peringkat Indofood Naik Jadi AA+
http://www.investor.co.id/marketandcorporatenews/peringkat-indofood-naik-jadi-aa/11194

Anak Usaha LTLS Jual Line Bintang Line
http://pasarmodal.inilah.com/read/detail/1480282/anak-usaha-ltls-jual-line-bintang-line

Produksi CPO Gozco Capai 11.534 Ton
http://pasarmodal.inilah.com/read/detail/1480442/produksi-cpo-gozco-capai-11534-ton

Matahari Department Store Bagi Dividen Rp46,25
http://pasarmodal.inilah.com/read/detail/1480292/matahari-department-store-bagi-dividen-rp4625

Bogamulia lepas saham TSPC Rp 9,84 triliun?
http://investasi.kontan.co.id/v2/read/1304490652/66524/Bogamulia-lepas-saham-TSPC-Rp-984-triliun-

Semen Gresik Bidik Penjualan Rp 15,7 Triliun di 2011
http://www.detikfinance.com/read/2011/05/04/135521/1632218/6/semen-gresik-bidik-penjualan-rp-157-triliun-di-2011?f9911023

BLOOMBERG: FITCH ASSIGNS 'B+' FINAL RATING TO INDIKA'S 2018 $NOTES

BCA Raup Rp2 Triliun dari Layanan Prioritasnya
http://economy.okezone.com/read/2011/05/04/320/453144/bca-raup-rp2-triliun-dari-layanan-prioritasnya

Meski Asing Net Buy, IHSG Sesi I Turun 23 Poin
http://pasarmodal.inilah.com/read/detail/1479362/meski-asing-net-buy-ihsg-sesi-i-turun-23-poin

Kehilangan 23 Poin, IHSG Tinggalkan Level 3.800
http://www.detikfinance.com/read/2011/05/04/125730/1632109/6/kehilangan-23-poin-ihsg-tinggalkan-level-3800

Churchill Mining lepas 16,5% sahamnya ke Rahmat Gobel
http://investasi.kontan.co.id/v2/read/1304482007/66507/Churchill-Mining-lepas-165-sahamnya-ke-Rahmat-Gobel

Langkah indeks menjadi berat seiring aksi jual lima bluechips
http://investasi.kontan.co.id/v2/read/1304487426/66519/Langkah-indeks-menjadi-berat-seiring-aksi-jual-lima-bluechips-

Naik Tipis, Laba Bersih BRAU Jadi Rp38,3 Miliar
http://pasarmodal.inilah.com/read/detail/1478992/naik-tipis-laba-bersih-brau-jadi-rp383-miliar

Indonesia Stocks: Benakat, Energi Mega Persada, Ricky Putra
http://www.bloomberg.com/news/2011-05-04/indonesia-stocks-benakat-energi-mega-persada-ricky-putra.html

Asia Stocks, Commodities Fall on China Concern; Dollar Climbs
http://www.bloomberg.com/news/2011-05-04/asia-stocks-commodities-fall-on-china-tightening-concern-dollar-climbs.html

Panin Sekuritas (PANS) mendirikan anak usaha baru yang bernama Panin Asset Management dengan kegiatan usaha sebagai manajer investasi. Modal dasar sebesar Rp100 miliar yang terbagi atas 100.000 saham dengan nilai nominal Rp1 juta. Perseroan sendiri memiliki 24.750 saham atau 99% dari modal
disetor anak perusahaan dan Winston S.A. Sual memiliki 250 saham atau 1% dari modal disetor anak perusahaan.

PT Kertas Basuki Rachmat Indonesia Tbk (KBRI) dan anak usahanya gagal mengantongi laba di kuartal pertama 2011. Selama tiga bulan pertama tahun ini, perseroan justru mengalami rugi bersih sekitar Rp 3,129 miliar, dibanding periode yang sama 2010 di mana masih membukukan laba bersih senilai Rp 59,903 miliar.

Prediksi pertumbuhan ekonomi Indonesia melambat, rupiah menjadi loyo
http://investasi.kontan.co.id/v2/read/1304478231/66500/Prediksi-pertumbuhan-ekonomi-Indonesia-melambat-rupiah-menjadi-loyo

Ekonomi Indonesia Kuartal I-2011
http://economy.okezone.com/read/2011/05/04/279/453019/ekonomi-indonesia-kuartal-i-2011

Saham ASII masih Berkapitalisasi Terbesar
http://pasarmodal.inilah.com/read/detail/1478712/saham-asii-masih-berkapitalisasi-terbesar

PT Budi Acid Jaya Tbk (BUDI) menargetkan laba bersih Rp 140 miliar pada 2011 atau melonjak 250% dibandingkan estimasi tahun ini sebesar Rp 40 miliar. Estimasi ini didorong oleh membaiknya harga pembelian singkong sebagai bahan baku produksi tepung tapioka dan glukosa perseroan, ungkap Direktur Utama Budi Acid Jaya Sentosa Winata.

Bukukan kenaikan laba bersih, saham RICY melaju ke level tertinggi enam minggu
http://investasi.kontan.co.id/v2/read/1304480257/66505/Bukukan-kenaikan-laba-bersih-saham-RICY-melaju-ke-level-tertinggi-enam-minggu

Indonesia Air Transport to Buy 10 Planes in 2011, Kontan Reports

Asian Stocks Drop as Raw Material Producers Fall; Westpac Drops

BLOOMBERG: SM INVESTMENTS LOOKING AT VIETNAM, INDONESIA FOR INVESTMENTS

BLOOMBERG: *ADB SAYS OTHER SCENARIO WOULD SEE ASIA AT 32% OF GLOBAL GDP *ADB SAYS ASIA GDP MAY REACH 51% OF GLOBAL OUTPUT BY 2050. *ADB SAYS 3 BILLION ASIANS MAY REACH EUROPE-LEVEL INCOMES BY '50

[Dow Jones] Indonesia shares are likely to fall as weak Asian markets may inspire local institutional fund managers to continue to take profits, traders say. They expect the main index to find support at 3780 after it ends down 0.9% Tuesday at 3813.868. "I think the market may consolidate, with expected further foreign buying likely limiting any corrections of the main index," says a trader with a foreign securities firm. Bank Mandiri (BMRI.JK) and Bank Rakyat (BBRI.JK) may lead falls on further profit-taking, but coal producer Bumi (BUMI.JK) may gain on hopes for strong 1Q earnings, which will be announced later this month.

BUMI Prediksi Penjualan US$1,12 M pada Q1-2011
http://pasarmodal.inilah.com/read/detail/1478452/bumi-prediksi-penjualan-us112-m-pada-q1-2011

Inilah Rekomendasi Saham Rabu (4/5)
http://pasarmodal.inilah.com/read/detail/1476992/inilah-rekomendasi-saham-rabu-45

Saham ADRO Sideways, Tapi Menarik
http://pasarmodal.inilah.com/read/detail/1477812/saham-adro-sideways-tapi-menarik

Jakarta Stocks May Test Support At 3,800 Points
http://news.ino.com/headlines/?newsid=50320112363

Aneka Tambang, Garuda, Medco Energi: Indonesia Equity Preview
http://www.bloomberg.com/news/2011-05-04/aneka-tambang-garuda-medco-energi-indonesia-equity-preview.html

JP Morgan akan Suntik Dana META & JSMR
http://pasarmodal.inilah.com/read/detail/1478432/jp-morgan-akan-suntik-dana-meta-jsmr

WIKA incar PLTU di Sumatera Selatan
http://investasi.kontan.co.id/v2/read/1304470200/66476/WIKA-incar-PLTU-di-Sumatera-Selatan

BNBR akan lakukan kuasi reorgansiasi
http://investasi.kontan.co.id/v2/read/1304469000/66474/BNBR-akan-lakukan-kuasi-reorgansiasi

SULI akan Percepat Restrukturisasi Utang
http://pasarmodal.inilah.com/read/detail/1478462/suli-akan-percepat-restrukturisasi-utang

Davomas Gandeng Caobisco Bangun Pabrik Pengolahan Coklat?
http://www.detikfinance.com/read/2011/05/04/085603/1631913/1014/davomas-gandeng-caobisco-bangun-pabrik-pengolahan-coklat

BLOOMBERG: PALM OIL FUTURES DROP AS MUCH AS 1.3% TO 3,228 RINGGIT A TON

Survei: Stok minyak AS diprediksi naik ke level tertinggi enam bulan
http://investasi.kontan.co.id/v2/read/1304442623/66459/Survei-Stok-minyak-AS-diprediksi-naik-ke-level-tertinggi-enam-bulan

Rupiah Falls for 2nd Day as Economic Growth Expected to Ease

EMDE IS IN TALKS WITH SINGAPORE'S KEPPEL TO DEVELOP NEW PROJECTS IN SURABAYA. TP MAY RETURN TO IPO PRICE WITHIN THIS WEEK

REMINDER:::ARTI 1Q NET PROFIT IDR27 BILLION VS IDR180.4 BILLION IN LOSS A YEAR EARLIER

BUMI: 3,400-3,650. A reminder. 1Q net profit could exceed $160 million or up 65% from $96.8 million in the same quarter a year earlier due mostly to higher average selling price despite lower sales volume. For the full year of 2011, Bumi's coal ASP could average at $83/ton or up 32% from $63/ton a year earlier. Along with a debt reduction of $600 million first trance loan owed to CIC, I believe that Bumi's 2011 net profit could rise to exceed $500 million or up 61% from $311 million at the end of 2010. EPS 2011 is likely equal with $0.024 or IDR207/share. It is now trading at a p/e ratio of 16.78X 2011 prospective earnings, below the industrial p/e ratio average 19X. At that average, Bumi's fair value is at IDR4,000. Bumi expects sales volume to increase by 21% to 80 million metric tons in 2012 from 66 million this year. If achieved, Bumi's target price for 2012 may be upgraded to IDR8,000/share.

Quartet Jablay: ADMG / ARTI / JTPE / POLY (+ Target By Fibonacci)

ADMG: (Courtesy BNI Securities Daily TA 04-05)

ARTI:

JTPE

POLY:

Tuesday, May 3, 2011

It Pays to Prepare for a Stock-Market Reversal – Even With New Bull-Market Highs

Three Indicators to Watch
But there are some worrisome signs. For instance, many investors have grown overly bullish. They seem determined to cheer on the market bull and, even more worrying, to ignore anything that could remotely interfere with their hopes for riches or dreams of wealth.

The bottom line: They're no longer paying attention to reality.

So where are we right now? Let's look at three indicators I like to follow:
    * The "Keltner Bands."
    * The "Hindenburg Omen Indicator."
    * And the "R-squared" indicator.

We'll start with the Keltner Bands.

Read More: http://moneymorning.com/2011/05/02/it-pays-to-prepare-for-a-stock-market-reversal-even-with-new-bull-market-highs/

Laporan & Rumor Saham Indonesia 03-05 (Refresh)

Minus 35 Poin, IHSG Bertahan di Level 3.800
http://www.detikfinance.com/read/2011/05/03/160536/1631514/6/minus-35-poin-ihsg-bertahan-di-level-3800

Raih Izin, Tambang Batu Bara AKRA Siap Berproduksi
http://economy.okezone.com/read/2011/05/03/278/452789/raih-izin-tambang-batu-bara-akra-siap-berproduksi

Pemegang Saham Lepas Kepemilikan di Wahana Phonix
http://pasarmodal.inilah.com/read/detail/1476342/pemegang-saham-lepas-kepemilikan-di-wahana-phonix

214 Saham Lolos Kategori Daftar Efek Syariah
http://economy.okezone.com/read/2011/05/03/278/452765/214-saham-lolos-kategori-daftar-efek-syariah

Apa saja yang diharamkan MUI dalam trading?
http://investasi.kontan.co.id/v2/read/1304407923/66407/Apa-saja-yang-diharamkan-MUI-dalam-trading-

CIMB: Buy BMRI target Rp 9.300.

10 May 2011 Vallar Plc expects to complete a stake increase in BUMI.

Bhakti Capital Cetak Laba Bersih Rp67,88 Miliar
http://pasarmodal.inilah.com/read/detail/1475872/bhakti-capital-cetak-laba-bersih-rp6788-miliar

Terbesar, BRI Salurkan KUR Rp5,3 Triliun
http://economy.okezone.com/read/2011/05/03/320/452709/terbesar-bri-salurkan-kur-rp5-3-triliun

Laba Bersih Multistrada Tumbuh 20%
http://economy.okezone.com/read/2011/05/03/278/452700/laba-bersih-multistrada-tumbuh-20

Kuartal I, Laba Bersih BSD Melejit 97,2%
http://economy.okezone.com/read/2011/05/03/278/452686/kuartal-i-laba-bersih-bsd-melejit-97-2

REMINDER:::04 May 2011 Rups MPPA
05 May 2011 Rups Elang Mahkota (EMTK), TURI, SHID
06 May 2011 Rups ASII, Cum Dev MERK 4464, Cum Dev TRIO 15

09 May 2011 Cum Dev INTA 56, Cum Right Issue UNTR 33:4 (15.050), Cum Right INDS 1:5 (1520), Rups PANS, Pertamina Likely To Restart Balikpapan Refinery, Mulai Penawaran IPO Megapolitan Land 240-300

10 May 2011 Rups KBLV, TMPO, COWL, HEXA, INTP, AKRA, Vallar Plc expects to complete a stake increase in BUMI, Listing HD Finance, Mulai penawaran IPO Buana Listya Tama 105-175

11 May 2011 Rups Wahana Ottomitra, TBIG, ACES, Cum Dev TCID 340, Cum Dev EXCL 107, Cum Dev SMCB 23, Cum Dev TRST 20

Inilah Prediksi Analis untuk Sektor Telekomunikasi
http://pasarmodal.inilah.com/read/detail/1475592/inilah-prediksi-analis-untuk-sektor-telekomunikasi

Koreksi Wajar, IHSG Sesi I Turun 33,04 Poin, Asing Net Buy Rp 73 miliar
http://pasarmodal.inilah.com/read/detail/1475612/koreksi-wajar-ihsg-sesi-i-turun-3304-poin

Akumulasi Saham Yang Dekati Support-nya
http://pasarmodal.inilah.com/read/detail/1475532/akumulasi-saham-yang-dekati-support-nya

Saham Blue Chip Dilego, IHSG Jatuh 33 Poin
http://www.detikfinance.com/read/2011/05/03/120547/1631164/6/saham-blue-chip-dilego-ihsg-jatuh-33-poin

Sektor keuangan anjlok, indeks di sesi I tak berkutik
http://investasi.kontan.co.id/v2/read/1304399498/66384/Sektor-keuangan-anjlok-indeks-di-sesi-I-tak-berkutik

Harga Minyak RI Melambung ke US$ 123 Akibat Krisis Timteng
http://www.detikfinance.com/read/2011/05/03/110002/1631080/1034/harga-minyak-ri-melambung-ke-us--123-akibat-krisis-timteng

BUMI estimasi penjualan batubara bisa mencapai 14 juta ton di kuartal I
http://investasi.kontan.co.id/v2/read/1304398509/66381/BUMI-estimasi-penjualan-batubara-bisa-mencapai-14-juta-ton-di-kuartal-I

Indonesia Stocks: Bank Rakyat Indonesia, Mandiri, Indofood CBP
http://www.bloomberg.com/news/2011-05-03/indonesia-stocks-bank-rakyat-indonesia-mandiri-indofood-cbp.html

Bloomberg: Bank Rakyat, Central Asia Drop in Jakarta on Valuation Concerns

(Bloomberg) -- PT Bumi Resources sold an estimated 14 million tons of coal at an average price of more than $80 a ton in the first quarter, Dileep Srivastava, a director at the Indonesian coal producer said in an e-mailed statement today. Sales revenue is expected to “far exceed” the amount in the first quarter of 2010 because of “exponentially higher prices,” Srivastava said. Bumi expects to sell 66 million tons of coal this year, he said.

Suku Bunga Rendah, Saham TRUB Cerah
http://pasarmodal.inilah.com/read/detail/1474742/suku-bunga-rendah-saham-trub-cerah

Asiariver Tetap Beli 20% Saham Duta Graha
http://www.investor.co.id/marketandcorporatenews/asiariver-tetap-beli-20-saham-duta-graha/11077

Anak usaha ASII dapat pinjaman US$ 341 juta
http://investasi.kontan.co.id/v2/read/1304393397/66369/Anak-usaha-ASII-dapat-pinjaman-US-341-juta

Macquarie pangkas rekomendasi saham ICBP
http://investasi.kontan.co.id/v2/read/1304393636/66371/Macquarie-pangkas-rekomendasi-saham-ICBP

Pendapatan naik, laba bersih WIKA ikut terdongkrak 33,7% di kuartal I
http://investasi.kontan.co.id/v2/read/1304393286/66368/Pendapatan-naik-laba-bersih-WIKA-ikut-terdongkrak-337-di-kuartal-I

Bank Mutiara raih laba Rp40,23 miliar
http://www.bisnis.com/finansial/perbankan/22328-bank-mutiara-raih-laba-rp4023-miliar

BLOOMBERG: INDOFOOD CBP CUT TO `NEUTRAL' FROM `OUTPERFORM' AT MACQUARIE

CPIN first quarter net profit IDR653 billion; FY net profit could hit IDR3.2 tln up 45% from IDR2.2 trillion at the end of 2010. 12-month target is at IDR2400

Telkom Incar Pendapatan Music Digital Rp1,5 Triliun
http://www.investor.co.id/home/telkom-incar-pendapatan-music-digital-rp15-triliun/11056

Northstar Beli WINS di Rp 415
Northstar Pacific disebut-sebut pelaku aasar akan membeli 8% saham PT Wintermar Offshore Marine Tbk (WINS) pada harga Rp 415. Northstar diberitakan telah menunjuk JP Morgan sebagai perwakilan. Diterapkannya asas cabotage menjadi salah satu alasan Northstar masuk WINS. Selain itu, WINS dikabarkan akan membagi dividen Rp 15 per saham pada Mei mendatang.

PT Asia Pacific Fibers Tbk (POLY) dan anak usahanya membukukan pertumbuhan laba bersih sebesar 80% di kuartal pertama tahun ini. Selama tiga bulan pertama 2011, perseroan mengantongi laba bersih senilai Rp 410,708 miliar, dibanding periode yang sama tahun sebelumnya senilai Rp 227,232 miliar.Kinerja laba yang positif ditopang pendapatan usaha yang mencapai Rp 1,5 triliun, atau naik 46% dari triwulan pertama tahun lalu yang senilai Rp 1,028 triliun.

BUMI EXPECTS 2012 COAL SALES VOLUME TO HIT 80 METRIC MILLION TONS VS 66 MILLION METRIC TONS TARGETED IN 2011.

WOMF: P/E RATIO 5.2X 2011 EARNINGS VS MFIN 6.1x

WATCH ASGR...IT MAY HAVE BECOME A TARGET OF TAKE OVER AS ASTRA INTERNATIONAL (PARENT COMPANY) PLANS TO STREAMLINE BUSINESS AND FOCUES ON CORE. CHINA, EUROPE AND HONG KONG COMPANIES ARE BIDDING ASGR AT 30% PREMIUM TO THE CURRENT MARKET PRICE. (DISC ON)

Sector Update – Property – Boon from population boom
We continue to believe the market has under-appreciated the growth and profit outlook of Indonesian property developers. Inflation concerns have been exaggerated, in our view, with the market overlooking the facts that: 1) properties are dearly held as inflation hedges in Indonesia and periods of high inflation normally coincide with bigger price increases; and 2) rising income and the middle class render property demand less sensitive to inflation. The country's demographics and 2008 changes in the tax code are two structural changes that could propel profits to new highs, we believe. Above-market earnings growth and potential RNAV upgrades should provide sector catalysts. Our top picks are Alam Sutera and Ciputra Dev. A laggard that could be poised for re-rating is BSD, with catalysts from accelerated returns. (CIMB)

Outlook
Distribution volume outlook remains tepid in 2011E as there is no definite date when PGAS will receive back its allocated gas currently shifted for oil-shifting purposes. The ramp up in Jambi Merang gas production has been below expectation as well. The volume outlook is considerably better for 2012E as management revealed that PGAS has appointed a contractor for its FSRU West Java project and expects the project to be completed in 2012E, as previously expected. We maintain our Buy rating on the stock as we think the tepid earnings growth for 2011E has been factored in the share price. We expect earnings growth to resume in 2012E post the commissioning of PGAS' FSRU project. (Citigroup).

Indonesia Inflation Slows, Providing Room to Hold Benchmark Interest Rate
http://www.bloomberg.com/news/2011-05-02/indonesia-inflation-slows-providing-room-to-hold-benchmark-interest-rate.html

Rally May Run Out Of Steam For Indonesia Stocks
http://news.ino.com/headlines/?newsid=50220111642

Bloomberg: Bank Danamon PT Raised to 7,000 Rupiah vs 6,300 at Credit Suisse.

Bloomberg: Bank Mandiri PT Raised to 8,950 Rupiah vs 8,400 at Credit Suisse

Total Bangun to Pay 14.67 Rupiah a Share as Dividend, Daily Says

Gozco’s First-Quarter Net Income at 45.3 Tln Rupiah, Kontan Says

Jasa Marga to Invite Contractors for Its Projects, Bisnis Says

Bloomberg: Asian Stocks Drop as Raw Material Producers Slip, ANZ Bank Falls

Rupiah Declines on Speculation Policy Makers Will Check Gains

UNTR akuisisi dua tambang senilai Rp 2,73 triliun
http://investasi.kontan.co.id/v2/read/1304379484/66346/UNTR-akuisisi-dua-tambang-senilai-Rp-273-triliun

MLPL Diakuisisi Asing, Target Rp 500
http://pasarmodal.inilah.com/read/detail/1474562/mlpl-diakuisisi-asing-target-rp-500

Global Mediacom Raup Laba Bersih Rp282 Miliar
http://pasarmodal.inilah.com/read/detail/1473692/global-mediacom-raup-laba-bersih-rp282-miliar

Bhakti Investama Cetak Laba Bersih Rp342,95 Miliar
http://pasarmodal.inilah.com/read/detail/1473712/bhakti-investama-cetak-laba-bersih-rp34295-miliar

TBIG Raup Laba Sebelum EBITDA Rp166,7 M
http://pasarmodal.inilah.com/read/detail/1474212/tbig-raup-laba-sebelum-ebitda-rp1667-m

Kimia Farma akan Akuisisi Saham SDPC
http://pasarmodal.inilah.com/read/detail/1474692/kimia-farma-akan-akuisisi-saham-sdpc

Inilah Rekomendasi Saham Selasa (3/5)
http://pasarmodal.inilah.com/read/detail/1473002/inilah-rekomendasi-saham-selasa-35

Rekomendasi: Saham apa yang menarik hari ini?
http://www.bisnis.com/market/saham/22300-rekomendasi-saham-apa-yang-menarik-hari-ini

Kekuatan IHSG Mulai Pudar
http://www.detikfinance.com/read/2011/05/03/074740/1630940/6/kekuatan-ihsg-mulai-pudar