Why Money Managers Fail To Beat The Market

Here are three easy ways to beat the market: Deception, irrelevance and bad math.
Perhaps some explanation is in order…
It’s a well-known fact that three out of four investment professionals fail to beat an unmanaged index each year. Over the long term, the percentage is much greater.
Yet everywhere you go, investment advisors claim they’re generating superior results. It’s a bit confounding. So let’s take a closer look…

Read More: http://www.dailymarkets.com/stock/2011/06/27/why-money-managers-fail-to-beat-the-market/

How to Beat the Markets: Tracking the Elephant Herd Through Institutional Ownership
http://www.investmentu.com/2009/May/how-to-beat-the-markets.html

The Masters 100 Fund: One Way to Find Money Managers
http://www.investmentu.com/2008/June/money-managers.html

Laporan & Rumor Saham Indonesia 28-06 (Refresh) Window Dressing + Morgan Stanley

2nd session on JCI 28.06.11
@ 3,830.273 (+16.848pts) (+0.442%)
H: 3,838.594 ; L: 3,813.517
Value: 3.42 T (NG 573 B )
Volume: 3.81 B (NG 448 M )
Foreign Nett Buy: 62 B

5 most active stocks by value:
BUMI @ 3,000 (-0.83%)
ASII @ 61,550 (+0.82%)
CPIN @ 1,960 (+2.62%)
BBRI @ 6,400 (0.00%)
TLKM @ 7,250 (+2.11%)

5 most active stocks by volume:
SIPD @ 67 (+4.69%)
PYFA @ 265 (+1.92%)
ENRG @ 200 (-2.44%)
BNBR @ 66 (-1.49%)
LCGP @ 62 (+8.77%)

5 most up:
BMSR @ 240 (+20.00%)
TRST @ 490 (+18.07%)
ALMI @ 1,360 (+14.29%)
PUDP @ 440 (+12.82%)
ALKA @ 450 (+12.50%)

5 most down:
MICE @ 520 (-11.86%)
GDYR @ 10,500 (-8.70%)
LAMI @ 195 (-7.14%)
MTFN @ 1,050 (-7.08%)
ASDM @ 410 (-6.82%)

5 Leading Movers:
TLKM @ 7,250 (+3.53%)
GGRM @ 47,650 (+3.26%)
EXCL @ 6,100 (+2.49%)
ASII @ 61,550 (+2.36%)
SMGR @ 9,600 (+1.38%)

5 Lagging Movers:
UNVR @ 14,900 (-2.23%)
ITMG @ 45,150 (-0.85%)
BUMI @ 3,000 (-0.60%)
BDMN @ 5,900 (-0.48%)
ISAT @ 5,050 (-0.31%)
Rgds, Nadya Isnaeni Data administrator Research Dept BNI Securities

Semen Gresik Patok Dividen Rp 306 per Lembar Saham
http://finance.detik.com/read/2011/06/28/170611/1670809/6/semen-gresik-patok-dividen-rp-306-per-lembar-saham?f9911023

Asing Bertahan, IHSG Ditutup Menguat 0,4%. Net foreign buy Rp62,2 miliar
http://pasarmodal.inilah.com/read/detail/1649362/asing-bertahan-ihsg-ditutup-menguat-04

Investor Wait and See, IHSG Masih Menguat 16 Poin 
http://finance.detik.com/read/2011/06/28/160741/1670730/6/investor-wait-and-see-ihsg-masih-menguat-16-poin

Inilah 10 Top Foreign Sell Saham Selasa (28/6)
http://pasarmodal.inilah.com/read/detail/1649402/inilah-10-top-foreign-sell-saham-selasa-286

Inilah 10 Top Foreign Sell Saham Selasa (28/6)
http://pasarmodal.inilah.com/read/detail/1649402/inilah-10-top-foreign-sell-saham-selasa-286

Saham PYFA Teraktif Diperdagangkan Selasa (28/6)
http://pasarmodal.inilah.com/read/detail/1649532/saham-pyfa-teraktif-diperdagangkan-selasa-286

Investor Wait&See Jelang Libur, IHSG Naik 16 Poin
http://pasarmodal.inilah.com/read/detail/1649312/investor-waitsee-jelang-libur-ihsg-naik-16-poin

ASII memimpin penguatan indeks sebesar 0,44%
http://investasi.kontan.co.id/v2/read/1309252572/71459/ASII-memimpin-penguatan-indeks-sebesar-044

Fitch beri rating Bank Commonwealth AAA
http://investasi.kontan.co.id/v2/read/1309251234/71455/Fitch-beri-rating-Bank-Commonwealth-AAA

Harga ASII bertengger ke level tertinggi dalam sebulan terakhir
http://investasi.kontan.co.id/v2/read/1309249585/71452/Harga-ASII-bertengger-ke-level-tertinggi-dalam-sebulan-terakhir

BRMS Andalkan Dividen Newmont & BRJ
http://pasarmodal.inilah.com/read/detail/1648842/brms-andalkan-dividen-newmont-brj

Duta Graha Sebar Dividen Rp 2,75 per Saham 
http://finance.detik.com/read/2011/06/28/144622/1670624/6/duta-graha-sebar-dividen-rp-275-per-saham

Bloomberg: Semen Gresik Gains Most in Two Weeks After Plan to Boost Output

30 Juni 2011 Rups Pembangunan Graha Lestari, Mitra International Resources, Onix Capital, Lmas, Nisp, Lami, Tmas, PKPK, golden retailindo, SSTM, ALFA, LCGP, SIMA, pnin, cfin, Perdana Bangun Pusaka, Akasha Wira Int, Asia Natural Resources, Asuransi Multi, PNBN, Nisp, Cum Right Issue IMAS 3: 1 (7500-9500), Cum Dev JPFA 365, Cum Dev Jaya Konstruksi Manggala 13, Cum Dev MREI 25, Cum dev JRPT 33, cum dev mbai 50, Cum Dev PJAA 41,5,  cum dev SGRO 108.

28 Juni 2011 Rups DGIK, Kedaung Indah, Bank Windu Kencana,Radian Utama Interinsco, Central Online, JKSW, STTP, Sumi Indo Kabel, Saip, Central Omega, TRIL, ATPK Resources, Apol, Asdm, Indopoly swakarsa, Dayaindo resources, IDKM, Perdana Gapura Prima, ARTI, Perdana Gapura Prima, Leo Investmen, Garda Tujuh Buana, SMGR, BUMI, INDR, Dana supra,  Apol, Asdm Cum Dev SMRA 10

Bloomberg: Gudang Garam Rises to 7-Month High as Deutsche Raises Estimate

Bloomberg: Astra Gains to One-Month High After Indonesia Stocks Upgrade

BLOOMBERG: *BUMI BECOMES NEW PREMIUM LISTED PARENT COMPANY OF VALLAR PLC

Bloomberg: Bumi Minerals Allocates $400 Million for 2011 and 2012 Capex.        *BUMI MINERALS WON'T PAY DIVIDEND FROM 2010 PROFIT, HIDAYAT SAYS

Bloomberg: China Nickel Pig-Iron Output to Cap Prices, Morgan Stanley Says

Bloomberg: *INDONESIA 2011 GDP MAY EXPAND MORE THAN 6.5%, RAJASA SAYS 

BLOOMBERG: *SEMEN GRESIK TO BOOST 2011 OUTPUT TO 19M TONS VS 18M: SUTJIPTO

Asing Sell, IHSG Dibuka Tetap Naik 0,4%. Net foreign sell Rp27,4 miliar
http://pasarmodal.inilah.com/read/detail/1647572/asing-sell-ihsg-dibuka-tetap-naik-04

Sesi perdagangan pertama, IHSG menguat 0,35%
http://investasi.kontan.co.id/v2/read/1309238825/71436/Sesi-perdagangan-pertama-IHSG-menguat-035

Saham Unggulan Dikoleksi, IHSG Bertahan di Zona Hijau 
http://finance.detik.com/read/2011/06/28/120620/1670458/6/saham-unggulan-dikoleksi-ihsg-bertahan-di-zona-hijau

Cara Mengelola Dana Pasca Pensiun Dini 
http://finance.detik.com/read/2011/06/28/103749/1670281/479/cara-mengelola-dana-pasca-pensiun-dini

Harapan Utang Yunani, Bursa Eropa Bakal Naik
http://pasarmodal.inilah.com/read/detail/1648402/harapan-utang-yunani-bursa-eropa-bakal-naik

IPOL Targetkan Laba Bersih 10% Tahun 2011
http://pasarmodal.inilah.com/read/detail/1648192/ipol-targetkan-laba-bersih-10-tahun-2011

PGLI Andalkan Anak Usaha di Sektor Pembangkit
http://pasarmodal.inilah.com/read/detail/1648292/pgli-andalkan-anak-usaha-di-sektor-pembangkit

Matahari Raih Peringkat Pertama Kategori Ritel
http://pasarmodal.inilah.com/read/detail/1648302/matahari-raih-peringkat-pertama-kategori-ritel

Mei, Transaksi Kartu Kredit Danamon Capai Rp4 T
http://pasarmodal.inilah.com/read/detail/1648312/mei-transaksi-kartu-kredit-danamon-capai-rp4-t

Bank Permata Tuntaskan Penerbitan Subdebt Rp 1,75 Triliun 
http://finance.detik.com/read/2011/06/28/104736/1670293/6/bank-permata-tuntaskan-penerbitan-subdebt-rp-175-triliun

IPOL bagikan dividen sebesar Rp 19 miliar
http://investasi.kontan.co.id/v2/read/1309236151/71431/IPOL-bagikan-dividen-sebesar-Rp-19-miliar

BLOOMBERG: *LISTRIK NEGARA'S UNIT TO SEEK 3.96 MILLION TONS OF THERMAL-COAL.  *PEMBANGKITAN JAWA BALI SAYS IT SEEKS 110,000 TONS/MONTH :PLN IJ

Bloomberg: Sumitomo, Mitsui to Develop Gas Blocks in Indonesia

Bakrie Telecom, Gas Negara, Indopoly: Indonesia Equity Preview
http://www.bloomberg.com/news/2011-06-28/bakrie-telecom-gas-negara-indopoly-indonesia-equity-preview.html

Taiwan Shares Cut, Indonesia Raised at Morgan Stanley
http://www.bloomberg.com/news/2011-06-28/taiwan-shares-cut-at-morgan-stanley-indonesia-rating-raised.html

BLOOMBERG: *INDONESIA 2011 BUDGET DEFICIT MAY RISE, OFFICIAL SAYS. *INDONESIA 2011 BUDGET DEFICIT NOT MORE THAN 2.1%, OFFICIAL SAYS

Bursa Regional 'Menghijau', IHSG Naik Tipis 8 Poin
http://finance.detik.com/read/2011/06/28/093649/1670138/6/bursa-regional-menghijau-ihsg-naik-tipis-8-poin

Saham AALI masih di Area Beli
http://pasarmodal.inilah.com/read/detail/1647452/saham-aali-masih-di-area-beli

Teka-teki baru dari bisnis Grup Bakrie
http://investasi.kontan.co.id/v2/read/1309228838/71416/Teka-teki-baru-dari-bisnis-Grup-Bakrie

BLOOMBERG:  *INDONESIA, PHILIPPINES RATING RAISED AT MORGAN STANLEY. *INDONESIA, PHILIPPINES RATED `EQUAL-WEIGHT' AT MORGAN STANLEY *TAIWAN, COLOMBIA SHARES CUT TO `UNDERWEIGHT' AT MORGAN STANLEY.

Bloomberg: Indonesia to Start Anti-Dumping Investigations on Coil Imports

Bloomberg: Indopoly to Spend $50 Million to Boost Output, Kontan Reports

Bloomberg: Best Indonesian Sukuk Fund Targets 10% Return: Islamic Finance

Bloomberg: Bakrie Telecom to Buy 4G License Holder, Investor Daily Reports

Bloomberg: Bank Central Asia Cut to Reduce at Nomura, PT 6,700 Rupiah 

Bakrie Telecom, Gas Negara, Indopoly: Indonesia Equity Preview
http://www.bloomberg.com/news/2011-06-28/bakrie-telecom-gas-negara-indopoly-indonesia-equity-preview.html

INILAH.COM, Jakarta - PT Wintermar Offshore Marine Tbk (WINS) disebut-sebut menjadi salah satu perusahaan yang sedang didekati Texas Pacific Group (TPG). Perseroan dinilai memiliki valuasi yang masih murah. Proses transaksi ini diperkirakan akan terjadi pada Juli mendatang. Pada perdagangan kemarin saham WINS naik Rp10 ke Rp335 dengan volume perdagangan 15.530 saham senilai Rp2,5 miliar sebanyak 156 kali transaksi.

Inilah Saham Batu Bara Potensial Technical Rebound
http://pasarmodal.inilah.com/read/detail/1646702/inilah-saham-batu-bara-potensial-technical-rebound

Inilah Rekomendasi Saham Selasa (28/6)
http://pasarmodal.inilah.com/read/detail/1645852/inilah-rekomendasi-saham-selasa-286

Rekomendasi: Saham apa yang menarik hari ini?
http://www.bisnis.com/market/saham/29059-rekomendasi-saham-apa-yang-menarik-hari-ini

Rekomendasi Saham
IHSG Siap-siap Ikut Menguat 
http://finance.detik.com/read/2011/06/28/074405/1670086/6/ihsg-siap-siap-ikut-menguat

PGAS Anggarkan Capex US$200 Juta di 2011
http://pasarmodal.inilah.com/read/detail/1646202/pgas-anggarkan-capex-us200-juta-di-2011

PGAS Bagi Dividen Rp3,74 Triliun
http://pasarmodal.inilah.com/read/detail/1645892/pgas-bagi-dividen-rp374-triliun

GGRM akan bayar dividen Rp 880 per saham
http://investasi.kontan.co.id/v2/read/1309174565/71387/GGRM-akan-bayar-dividen-Rp-880-per-saham

PermataBank Tuntaskan Penerbitan Obligasi Rp1,75 T
http://pasarmodal.inilah.com/read/detail/1647372/permatabank-tuntaskan-penerbitan-obligasi-rp175-t

WINS sedang Didekati Texas Pacific Group
http://pasarmodal.inilah.com/read/detail/1647412/wins-sedang-didekati-texas-pacific-group

BHIT akan Bawa MNC Sky Vision IPO
http://pasarmodal.inilah.com/read/detail/1647322/bhit-akan-bawa-mnc-sky-vision-ipo

Akumulasi Saham Batu Bara Saat Minyak US$98
http://pasarmodal.inilah.com/read/detail/1646692/akumulasi-saham-batu-bara-saat-minyak-us98

ICON Rencana Merger dengan GWA
http://pasarmodal.inilah.com/read/detail/1646082/icon-rencana-merger-dengan-gwa

Harap-harap Cemas Yunani, Rupiah Rebound
http://pasarmodal.inilah.com/read/detail/1646772/harap-harap-cemas-yunani-rupiah-rebound

SSIA laksanakan stock split 1:4 pada 7 Juli 2011
http://investasi.kontan.co.id/v2/read/1309173684/71386/SSIA-laksanakan-stock-split-14-pada-7-Juli-2011

Tifico incar laba US$11 juta
http://www.bisnis.com/market/saham/29021-tifico-incar-laba-us11-juta

Bakrieland raih penjualan Rp950 miliar
http://www.bisnis.com/market/saham/28968-bakrieland-raih-penjualan-rp950-miliar

New Stocks Bear Market?

Thanks to June’s sizable and rather-sharp stock-market selloff, fears are growing that a new bear market is brewing.  For investors and speculators, the implications of these concerns are not trivial.  Optimal trading strategies vary wildly between bull and bear, as bears relentlessly maul down all sectors including popular ones like commodities stocks.  So today’s bull-or-bear question is critically important to address.

A bear market is simply a prolonged period of falling prices.  These dreaded beasts come in two distinct breeds, secular and cyclical.  Secular means long periods of time, on the order of a decade or more in financial-market terms.  The US stock markets have actually been continuously mired in a secular bear for over a decade now.  So any new stock bear can’t be secular, as we’re still languishing in an old one.

Red More: http://www.zealllc.com/2011/newbear.htm

Laporan & Rumor Saham Indonesia 27-06 (Refresh)

2nd session on JCI 27.06.11
@ 3,813.425 (-35.133pts) (-0.913%)
H: 3,848.374 ; L: 3,806.715
Value: 2.89 T (NG 497 B )
Volume: 3.15 B (NG 521 M )
Foreign Nett Sell: 69 B

5 most active stocks by value:
BUMI @ 3,025 (-3.20%)
UNTR @ 23,700 (+0.85%)
BMRI @ 7,050 (0.00%)
BBRI @ 6,400 (-0.78%)
ASII @ 61,050 (-1.37%)

5 most active stocks by volume:
BNBR @ 67 (-2.90%)
ENRG @ 205 (-2.38%)
ELTY @ 149 (-1.97%)
LCGP @ 57 (+3.64%)
BUMI @ 3,025 (-3.20%)

5 most up:
PYFA @ 260 (+33.33%)
MICE @ 590 (+24.21%)
ASDM @ 440 (+17.33%)
SAIP @ 305 (+12.96%)
ATPK @ 157 (+11.35%)

5 most down:
PUDP @ 390 (-9.30%)
TRIM @ 91 (-9.00%)
HITS @ 245 (-7.55%)
OMRE @ 280 (-6.67%)
JRPT @ 1450 (-6.45%)

5 Leading Movers:
ITMG @ 45,800 (+1.19%)
UNTR @ 23,700 (+0.87%)
BMTR @ 850 (+0.32%)
MYOR @ 12,950 (+0.26%)
AKRA @ 2,175 (+0.22%)

5 Lagging Movers:
ASII @ 61,050 (-4.02%)
TLKM @ 7,100 (-3.53%)
BUMI @ 3,025 (-2.43%)
GGRM @ 46,200 (-1.91%)
EXCL @ 5,850 (-1.49%)
Rgds,Nadya Isnaeni Data administrator Research Dept BNI Securities

Indonesia Stocks: Bank ICB, London Sumatra Indonesia, Skybee
http://www.bloomberg.com/news/2011-06-27/indonesia-stocks-bank-icb-london-sumatra-indonesia-skybee.html

Asing Sell, IHSG Ditutup Turun hingga 0,9%
http://pasarmodal.inilah.com/read/detail/1645622/asing-sell-ihsg-ditutup-turun-hingga-09

Inilah 10 Top Foreign Buy Saham Senin (27/6)
http://pasarmodal.inilah.com/read/detail/1645652/inilah-10-top-foreign-buy-saham-senin-276

Meski kantongi laba di 2010, INKP sepakat tak bagi dividen
http://investasi.kontan.co.id/v2/read/1309164139/71363/Meski-kantongi-laba-di-2010-INKP-sepakat-tak-bagi-dividen-

Sumalindo tak Bagi Dividen
http://pasarmodal.inilah.com/read/detail/1645682/sumalindo-tak-bagi-dividen

Agenda 27 Juni 2011 Rups Akhir Penawaran Tender Offer DYNA (4500), Rups BUMI, SONA, PGAS, RODA, Modern land Realty, Yule, Mami, TMPI, HD Finance, LPPS, TIFICO Fiber, BBNP, CTBN, mulai buy back TLKM Cum Dev UNVR 344,  Cum dev LTLS 34,  Cum Dev KLBF 70,  Cum Dev BISI 10, Cum Dev GZCO 9,6,  Cum Dev KRAS 6, Cum dev SCMA 35, Cum Dev SCMA 225, Cum Dev Tembaga Mulia Semanan 100

Bloomberg: Toyota Astra Financial Sells IDR 595 Bln 1-Yr 7.85% Bond

Bloomberg: Cahayabuana Intitama Sells USD 15 Mln 3-Year 12% MTN

Penjualan CPO AALI naik 27% hingga Mei 2011
http://investasi.kontan.co.id/v2/read/1309160350/71356/Penjualan-CPO-AALI-naik-27-hingga-Mei-2011

BUMI akan bagikan dividen 30% dari laba bersih 2010
http://investasi.kontan.co.id/v2/read/1309154567/71345/BUMI-akan-bagikan-dividen-30-dari-laba-bersih-2010

TKIM Bagi Dividen Rp15 per Lembar Saham
http://pasarmodal.inilah.com/read/detail/1645452/tkim-bagi-dividen-rp15-per-lembar-saham

Bagi dividen, saham BABP melejit hingga 8,1%
http://investasi.kontan.co.id/v2/read/1309149562/71335/Bagi-dividen-saham-BABP-melejit-hingga-81

Antisipasi undang-undang, ANTM bangun lima pabrik pengolahan
http://investasi.kontan.co.id/v2/read/1309158443/71352/Antisipasi-undang-undang-ANTM-bangun-lima-pabrik-pengolahan-

Mendapat rekomendasi hold, saham ANTM tergerus hingga 1,18%
http://investasi.kontan.co.id/v2/read/1309148723/71332/Mendapat-rekomendasi-hold-saham-ANTM-tergerus-hingga-118

Bumi Plc Tender Offer Saham BRMS di Kuartal III
http://pasarmodal.inilah.com/read/detail/1645172/bumi-plc-tender-offer-saham-brms-di-kuartal-iii

Modernland Garap Sisa Lahan Seluas 10 Hektar
http://pasarmodal.inilah.com/read/detail/1644892/modernland-garap-sisa-lahan-seluas-10-hektar

Juni, 'Marketing Sale' Modernland Capai Rp400 M
http://pasarmodal.inilah.com/read/detail/1644822/juni-marketing-sale-modernland-capai-rp400-m

Indopoly Ekspor 40% Produksinya
http://economy.okezone.com/read/2011/06/27/278/473102/indopoly-ekspor-40-produksinya

Indopoly Targetkan Produksi 20 Ribu Ton/Tahun
http://economy.okezone.com/read/2011/06/27/278/473045/indopoly-targetkan-produksi-20-ribu-ton-tahun

MNC Group Ground Breaking Gedung MNC Financial Center
http://economy.okezone.com/read/2011/06/27/278/473106/mnc-group-ground-breaking-gedung-mnc-financial-center

Realisasi Capex Martina Berto Rp5,67 Miliar
http://economy.okezone.com/read/2011/06/27/278/472996/realisasi-capex-martina-berto-rp5-67-miliar


Asing Net Buy, IHSG Sesi I Tetap Turun 0,7%
http://pasarmodal.inilah.com/read/detail/1644432/asing-net-buy-ihsg-sesi-i-tetap-turun-07

Investor Keluar Sejenak, IHSG Kena Koreksi 27 Poin 
http://finance.detik.com/read/2011/06/27/120754/1669360/6/investor-keluar-sejenak-ihsg-kena-koreksi-27-poin

IHSG dalam 'Masa Kritis' hingga 1 Juli
http://pasarmodal.inilah.com/read/detail/1644052/ihsg-dalam-masa-kritis-hingga-1-juli

Sesi Dua, Perhatikan Fundamental dan Kinerja Saham
http://pasarmodal.inilah.com/read/detail/1644382/sesi-dua-perhatikan-fundamental-dan-kinerja-saham

Transaksi Meningkat, Saham EKAD Masuk UMA
http://pasarmodal.inilah.com/read/detail/1644282/transaksi-meningkat-saham-ekad-masuk-uma

RODA Resmi Jual 99,86% Saham di TMC
http://pasarmodal.inilah.com/read/detail/1644082/roda-resmi-jual-9986-saham-di-tmc

Serasi Autoraya Tambah Jumlah Obligasi Jadi Rp 900 Miliar 
http://finance.detik.com/read/2011/06/27/110608/1669258/6/serasi-autoraya-tambah-jumlah-obligasi-jadi-rp-900-miliar

Pemegang Saham Bank Pundi Terancam Dilusi 45% 
http://finance.detik.com/read/2011/06/27/112404/1669296/6/pemegang-saham-bank-pundi-terancam-dilusi-45

Rups BUMI - bagi dividend 30% dari net profit, Rp 41.75

Bloomberg: Indonesia Banks’ First-Half Lending Rises 22.7% From Year Ago

Bloomberg: ICB Bumiputera Gains Most in Seven Weeks After Dividend Notice

RUIS MAY SELL 30% STAKE TO RAJAWALI GROUP AT 2.2X BOOK VALUE; BV NOW AT IDR285/SHARE;

Ekspektasi trafik jalan tol meningkat, saham META melesat 4,4%
http://investasi.kontan.co.id/v2/read/1309145758/71326/Ekspektasi-trafik-jalan-tol-meningkat-saham-META-melesat-44

Berencana terbitkan saham baru, SKYB anjlok hingga 7,7%
http://investasi.kontan.co.id/v2/read/1309144971/71323/Berencana-terbitkan-saham-baru-SKYB-anjlok-hingga-77

BRNA akan mencairkan seluruh sisa fasilitas utang
http://investasi.kontan.co.id/v2/read/1309140826/71316/BRNA-akan-mencairkan-seluruh-sisa-fasilitas-utang

 [Dow Jones] Citigroup is upbeat on Asian equities (ex-Japan) in 2H as it believes, "valuations are attractive, liquidity is plentiful and expectations are low." Asian equity strategist Markus Rosgen says he expects a 20%-25% upside from current levels to his year-end MSCI AC Asia ex-Japan index target of 695. "Given current sentiment, interest rates and valuations, we see risk as being more to the upside than to the downside, with the current summer weakness representing an attractive buying opportunity," he adds. The house's focus remains on large-caps offering value along with good price momentum and upward revisions to earnings. It notes earnings revisions for North Asia continue to be stronger than those for South Asia, and  suggests investors remain overweight North Asia

INDS: EPS IDR650; INDUSTRIAL AVERAGE 14X; FAIR VALUE IDR650 X 14 IS EQUAL WITH IDR9,200

SPECIAL MENTION:
POLY: 390-600. POLY may benefit the most from the appreciation of the rupiah as most of its raw materials are imported. Full Year 2011 net profit could rise by 318% to exceed IDR1.4 trillion (EPS: IDR588) from IDR335 billion (EPS: IDR140) at the end of 2010. It is now trading at a p/e ratio of ONLY 0.7X 2011 prospective earnings. Fair value at a discounted industrial p/e average of 12X is at IDR7,000. It is a buy at any levels.

indr now trades at p/e ratio of 4.45x 2011 earnings; or eps: idr887;

ASIAN INDUSTRIAL AVERAGE FOR MISC INDUSTRY IS AT 12.8X; FAIR VALUE 887 X 12.8 IS EQUAL WITH IDR10,600

Bloomberg: Nusantara Rises Most in Four Months After Traffic Growth Report

Bloomberg: Skybee Declines Most in 11 Months After Report on Rights Offer

Bloomberg: Gudang Garam to Pay FY Dividend of 880 Rupiah a Share

Bloomberg: Cebu Air Rated New Sell, PT 60.40 Rupiah at Goldman Sachs

Bloomberg: Gas Negara Told to Pay 60% of Profit as Dividend, Daily Reports

IHSG masih Cari Posisi Pergerakan
http://pasarmodal.inilah.com/read/detail/1643632/ihsg-masih-cari-posisi-pergerakan

Hindari Saham-saham Batu Bara!
http://pasarmodal.inilah.com/read/detail/1642632/hindari-saham-saham-batu-bara

Rekomendasi Saham
IHSG Kembali Dibayangi Krisis Utang Eropa
http://finance.detik.com/read/2011/06/27/071226/1669050/6/ihsg-kembali-dibayangi-krisis-utang-eropa

IHSG Diproyeksikan Menguat di Awal Pekan
http://economy.okezone.com/read/2011/06/27/278/472937/ihsg-diproyeksikan-menguat-di-awal-pekan

http://pasarmodal.inilah.com/read/detail/1643622/saham-bank-energi-seret-bursa-asia-melemah

http://pasarmodal.inilah.com/read/detail/1642142/inilah-saham-pilihan-senin-276

RUMOR PASAR:
INILAH.COM, Jakarta - PT Tjiwi Kimia Tbk TKIM) dikabarkan akan memangun pabrik kertas berkekuatan 100 ribu ton per tahun dengan total investasi mencapai US$100 juta. Rencana bisnis itu akan menggunakan dana internal 40% dan 60% dari pinjaman pihak ketiga. Perseroan saat ini sedang mencari pinjaman sekitar US$60 juta ke perbankan. Pada perdagangan akhir pekan lalu saham TKIM naik Rp25 ke Rp2.425 dengan volume 655 saham senilai Rp783,5 juta sebanyak 44 kali transaksi.

INILAH.COM, Jakarta - PT Panin Financial Tbk (PNLF) dikabarkan mendapat suntikan dana segar dari Bank Panin. Hal ini setelah perseroan lebih fokus pada usaha konsultasi bisnis dan manajemen. Perseroan juga telah memisahkan bisnis yang bukan core-nya. Saham perseroan diperkirakan akan bergerak ke kisaran 200-250 dalam waktu dekat.Pada perdagangan akhir pekan lalu saham perseroan ditutup menguat Rp1 ke Rp176 dengan volume perdagangan 13.519 saham senilai Rp1,1 miliar sebanyak 144 kali transaksi.

INILAH.COM, Jakarta - PT Budi Acid Jaya Tbk (BUDI) dikabarkan sedang dilirik perusahaan komoditas asal Tiongkok. Dalam waktu dekat saham BUDI akan bergerak menuju level Rp500. Sebab, saham perseroan diburu pada investor pecinta saham lapis kedua dan ketiga.Pada perdagangan akhir pekan lalu saham BUDI ditutup stagnan di level Rp250 dengan volume perdagangan 18.167 saaham senilai Rp2,3 miliar sebanyak 313 kali transaksi.

Rupiah Bakal Menguat Terbatas
http://economy.okezone.com/read/2011/06/27/278/472934/rupiah-bakal-menguat-terbatas

Saham Bank - Energi Seret Bursa Asia Melemah
http://pasarmodal.inilah.com/read/detail/1643622/saham-bank-energi-seret-bursa-asia-melemah

Saham BUMI Berpotensi ke Rp2.800
http://pasarmodal.inilah.com/read/detail/1642722/saham-bumi-berpotensi-ke-rp2800

BUMI Gelar RUPSLB
http://pasarmodal.inilah.com/read/detail/1642552/bumi-gelar-rupslb

Saham Bank & Otomotif Cocok di Awal pekan
http://pasarmodal.inilah.com/read/detail/1640762/saham-bank-otomotif-cocok-di-awal-pekan

BWPT Realisasikan Capex Rp350M
http://pasarmodal.inilah.com/read/detail/1642392/bwpt-realisasikan-capex-rp350m

INCO Anggarkan US$500 Juta untuk Bahodopi
http://pasarmodal.inilah.com/read/detail/1642342/inco-anggarkan-us500-juta-untuk-bahodopi

FORU Bagi Dividen Rp4 Per Saham
http://pasarmodal.inilah.com/read/detail/1642022/foru-bagi-dividen-rp4-per-saham

LPPS akan lunasi utang dengan rights issue
http://investasi.kontan.co.id/v2/read/1309138404/71305/LPPS-akan-lunasi-utang-dengan-rights-issue

TINS akan perbesar porsi di tambang lepas pantai
http://investasi.kontan.co.id/v2/read/1309137135/71304/TINS-akan-perbesar-porsi-di-tambang-lepas-pantai

Emiten logam mineral dan pertambangan cocok dikoleksi untuk jangka panjang
http://investasi.kontan.co.id/v2/read/1309134652/71295/Emiten-logam-mineral-dan-pertambangan-cocok-dikoleksi-untuk-jangka-panjang

META targetkan trafik 75 juta kendaraan
http://investasi.kontan.co.id/v2/read/1309132845/71294/META-targetkan-trafik-75-juta-kendaraan

PWON anggarkan capex Rp 350 Miliar
http://investasi.kontan.co.id/v2/read/1308968409/71242/PWON-anggarkan-capex-Rp-350-Miliar

SKYB optimalkan dana sisa IPO
http://investasi.kontan.co.id/v2/read/1308964509/71237/SKYB-optimalkan-dana-sisa-IPO

Rasio dividen Sinarmas Multiartha dinilai kurang menarik
http://www.bisnis.com/market/saham/28900-rasio-dividen-sinarmas-multiartha-dinilai-kurang-menarik

Belanja saham apa hari ini?
http://www.bisnis.com/market/saham/28883-belanja-saham-apa-hari-ini

2 Broker rekomendasikan cermati Inco
http://www.bisnis.com/market/saham/28889-2-broker-rekomendasikan-cermati-inco

Eterindo Wahanatama bangun 2 pabrik kelapa sawit
http://www.bisnis.com/market/saham/28826-eterindo-wahanatama-bangun-2-pabrik-kelapa-sawit

SMMA tambah modal Jakarta Motor
http://www.bisnis.com/market/saham/28783-smma-tambah-modal-jakarta-motor

Tambang Batubara Bukit Asam    [  PDF  ]
Delayed, not derailed - by Erindra Krisnawan
(PTBA IJ / PTBA.JK, OUTPERFORM - Maintained, Rp20,050 - Tgt. Rp26,000, Coal Mining)

We are cutting our FY11-13 earnings estimates for PTBA by 0.7-3.6% and DCF price target to Rp26,000 (WACC 12.4%) from Rp27,600. PTBA has underperformed its coal peers with an 11% share-price retreat YTD (vs. the sector's +1%). We believe delays in additional 2011 railway capacity and a lack of meaningful progress on its new railway have been the main culprits. These also explain our earnings and price-target downgrades. But given its share-price underperformance and the increasing reflection of low expectations in consensus estimates (5% downgrades over the past three months), (selengkapnya email- cimb)

Stocks ended lower Friday with the Dow and S&P closing down for the seventh week out of eight amid continuing jitters over the euro zone debt crisis.

Dow.      11934.58.  -115.42. -0.96%
Nasdaq.  2652.89.  -33.86.  -1.26%
S&P 500. 1268.45.  -15.05.  -1.17%
FTSE.      5697.72. +23.34. +0.41%
Dax.        7121.38.  -28.06.  -0.39%
CAC40.    3784.80.  -2.99.    -0.08%.  Oil.            91.16.  +0.14.    +0.15%
Gold.      1500.900 -19.600. -1.29%
Rupiah.  8599
Euro.      1.4188

TLKM.  33.41. -0.04 -0.12%.  Rp 7182
ISAT.    29.87. -0.42 -1.39%  Rp5137
Vallar.  1170,00.  -20,00.    -1.68%
EIDO.  31.330.    -0.210.    -0.672%

Timah.      24915.  -185.        -0.74%
Nickel.      22065. +130.      +0.59%

CPOSep3117RM-19RM-0.61%$1025
Corn.        632.000. -14.000.-2.17%

Corn.        632.000. -14.000.-2.17%
SoybeanOil.56.360.  -0.020. -0.04%
Wheat.      661.000. -8.250. -1.23%

Coal 24 Jun 121.17 vs.119.19(17 Jun)

@Metatrader 5.0: @IHSG = Temporary Pullback Are Limited, Ready For Reversals

IHSG W.MA

IHSG BB

IHSG EW+Gann

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