DH DAILY RESEARCH Monday, September 16, 2013 ID X S t a t is t ic s
JCI Index
C lo s ing
JCI
4390 4370
4,375.54
Transaction Value (Rp tn)
5.671
Transaction Volume (mn shares)
5,456
Foreign Net Buy (Sell) (Rp bn)
4350
(287.14)
Foreign Net Buy (Sell) YTD (Rp tn)
(8.07)
as percentage of last year's
4330
(1.72)
Total Market Capitalization (Rp tn)
4310
Ke y Indic e s
Last Price
Previous day
C lo s ing
Closed at 4375.539
Pada penutupan perdagangan hari Jumat (13/9), IHSG naik sebanyak 18,934 poin (0,43%) ke level 4375,539. Ada sebanyak 131 saham yang naik, 118 saham yang mengalami koreksi, dan 99 saham yang stagnan. Total perdagangan hari ini sebanyak Rp 5,671 triliun. LQ45 naik 2,125 poin (0,29%) ke level 736,709. Sektor-sektor perdagangan di zona hijau adalah sektor industri dasar naik 1,72%, sektor manufaktur naik 1,16%, dan sektor consumer goods naik 1,08%. Sektor-sektor perdagangan di zona merah adalah sektor agrikultur turun 2,57% dan sektor pertambangan turun 1,30%. Foreign net sell sebesar Rp 287 miliar. Indeks Komposit Shanghai anjlok 0,86%. Indeks Straits Times turun tipis 0,02%. Indeks Hang Seng melemah 0,17%. Indeks Nikkei menguat 0,12%. Today’s Market: Secara teknikal indeks hari Senin (16/9), prediksi IHSG akan bergerak menguat di kisaran 4337-4114. Data Retail Sales AS yang meningkat 0,2% mom (estimasi 0,5%) dan PPI AS naik 0,3% mom (estimasi 0,2%) akan memberikan sentimen terhadap indeks. Selain itu, pelaku pasar juga mengantisipasi rapat FOMC yang membahas tentang pengurangan stimulus.
YT D C ha nge %
4,375.54
0.43
1.4
LQ45
736.71
0.29
0.2
EIDO
24.95
2.59
(17.5)
IDX
24.08
2.69
(15.9)
JCI
Previous Day:
4,011.98 1 D ay R e t urn %
15,376.06
0.49
17.3
S&P 500
1,687.99
0.27
18.4
NA SDA Q
3,722.18
0.17
23.3
FTSE
6,583.80
(0.08)
11.6
NIKKEI
14,404.67
0.12
38.6
HA NG SENG
22,915.28
(0.17)
1.1
STRA ITS TIM ES
3,120.30
(0.02)
(1.5)
KLSE
1,770.80
(0.09)
4.8
DOW JONES
YT D C ha nge %
F OR EX
R a t e ( ID R )
USD/IDR
11,232.40
(117.60)
(12.8)
EUR/IDR
14,924.95
(35.40)
(13.4)
JP Y/IDR
113.11
(0.67)
(0.2)
SGD/IDR
8,843.52
(31.36)
(9.4)
A UD/IDR
10,386.44
(25.63)
(2.8)
GB P /IDR
17,756.92
C o mm o dit ie s
CRUDE OIL (USD) / B A RR COA L (USD) / M T NA TURA L GA S (USD) / m
P ric e
C ha nge
(19.71) 1 D ay R e t urn %
(10.8) YT D C ha nge %
107.33
(0.81)
16.9
77.20
0.65
(14.4)
3.69
0.41
10.2
1,329.35
0.22
(20.7)
NICKEL (USD) / M T
13,890.00
0.11
(18.6)
Top Technical Buys:
TIN (USD) / M T
22,845.00
(0.02)
(2.4)
ICBP, MYOR, ADHI, RANC
CP O (M YR) / M T
UNDERVALUED STOCKS 2013:
RUB B ER (JP Y)/KG
GOLD (USD) / OUNCE
MYOR 37,400 ROTI 7,400 DVLA 3,400 Contact Us : (021)-3925550 or
[email protected]
2,360.00
0.38
1.7
258.50
0.54
(10.5)
WHEA T/B USHEL
6.40
(0.27)
(17.8)
CORN/B USHEL
4.55
(0.87)
(34.8)
DH Monday, September 16, 2013
CORPORATE NEWS
PT Steel Pipe Industry of Indonesia Tbk (ISSP) merealisasikan ekspansi pembangunan pabrik kedua di Karawang, Jawa Barat. Perusahaan juga membangun pabrik di pasuruan, Jawa Timur. Tahun ini perusahaan mengalokasikan belanja modal (capex) sebesar Rp 600 miliar. Selain itu, perusahaan telah menyerap Rp 300 miliar dana untuk ekspansi. Dengan ekspansi ini perusahaan berharap menambah kapasitas produksi karena permintaan pipa baja terus naik. (Positive) Source: Kontan
PT Arwana Citramulia Tbk (ARNA) mendorong kapasitas produksi 43,37 juta m² hingga akhir tahun ini atau naik 5% dari realisasi tahun lalu. Peningkatan tersebut seiring dengan beroperasinya pabrik baru yang berlokasi di Indralaya, Ogan llir, Sumatra Selatan pada awal tahun ini. Pabrik dengan nilai investasi Rp 200 miliar tersebut dapat memproduksi sebanyak 8 juta m² per tahun. Meski demikian, pabrik masih belum bisa beroperasi secara maksimal karena mesin produksi baru dijalankan. Targetnya pabrik tersebut dapat beroperasi maksimal pada 2014 seiring dengan stabilnya mesin produksi. (Positive) Source: Bisnis Indonesia
PT Agung Podomoro Land Tbk (APLN) mengalami peningkatan pendapatan pra-penjualan (premarketing) sebesar Rp 3,91 triliun atau naik 25% dibandingkan dengan perolehan pada periode yang sama tahun lalu. Pendapatan ini mencapai 65,16% dari total target tahun ini Rp 6 triliun. Kontribusi terbesar berasal dari The Podomoro City Extension sebesar 45%, Metro Park Residence 14%, Vimala Hills 12,8%, The Borneo Bay Residences di Balikpapan 10,6%, Grand Taruma 6,7%, serta Soho@Pancoran 5,7%. Target perusahaan tahun ini masih sebesar Rp 6 triliun maka sisa target hingga akhir tahun sekitar Rp 2,09 triliun. (Positive) Source: Bisnis Indonesia
PT Media Nusantara Citra Tbk (MNCN) merealisasikan pembelian kembali saham senilai Rp 15 miliar pada tanggal 12 September 2013. Perseroan membeli sebanyak 5 juta saham dengan hara rata-rata Rp 3.000 per sahamnya. Anak perusahaan MNC Group yang dibeli kembali sahamnya yaitu PT Media Nusantara Citra Tbk (MNCN), PT Global Mediacom Tbk (BMTR) dan PT Bhakti Investama Tbk (BHIT). (Positive) Source: Investor Daily
2
DH By: Rheza, Tiesha, Richa rd 23 Juli 2013 Salam Cuan nn bagi tim research Sina rmas 2023
TRADING VIEW Monday, September 16, 2013
These recommendations are more based on technical and just for one day trading RESEARCH DEPARTMENT TICKER
RECOMMENDATION
By: Eddy Wijaya (+6221-3925550) PRICE
ENTRY
EXIT
S2
S1
R1
R2
EXPLANATION
AGRICULTURE AALI
Trading Sell
20100
20100
19850
19650
19850
20450
BWPT
Trading Sell
830
830
810
790
810
860
20900 Stoc osc : downtrend
LSIP
Trading Sell
1380
1380
1350
1320
1350
1400
1430 Stoc osc : downtrend
890 Black spinning top
BANK & FINANCE BMRI
Trading Buy
8500
8500
8600
8300
8400
8600
8750 Macd : uptrend
BBRI
Buy on Weakness
7850
7750
7900
7650
7750
7900
8000 White spinning top
BBNI
Buy on Weakness
4275
4200
4350
4150
4200
4350
4425 White spinning top
BBCA
Buy on Weakness
9950
9800
10000
9700
9800
10000
10150 White spinning top
6500 10500 41300 30700 3800
6400 10500 40900 30700 3800
6600 10800 41700 30450 3875
6300 10000 40500 30200 3650
6400 10300 40900 30450 3725
6600 10800 41700 30850 3875
6750 11100 42100 31100 3950
3375
3375
3450
3200
3300
3450
CONSUMER GOODS INDF ICBP GGRM UNVR CPIN
Buy on Weakness Trading Buy Buy on Weakness Trading Sell Trading Buy
MAIN
Trading Buy
Black spinning top Stoc osc : uptrend Stoc osc : overbought Stoc osc : downtrend Macd : uptrend
3550 White Spinning top
BASIC & MISC INDUSTRY ASII
Buy on Weakness
6200
6100
6300
6000
6100
6300
6500 Rsi : reversal
SMGR
Buy on Weakness
13500
13400
13750
13200
13400
13750
14000 Rsi : reversal
INTP
Trading Sell
19100
19100
18950
18800
18950
19300
19500 Stoc osc : downtrend
INFRASTRUCTURE TLKM
Buy on Weakness
2200
2150
2250
2100
2150
2250
2300 Long legged doji
PGAS
Buy on Weakness
5250
5100
5350
5000
5100
5350
5500 White spinning top
JSMR
Buy on Weakness
5600
5500
5700
5400
5500
5700
5850 Long legged doji
TBIG
Buy on Weakness
5600
5500
5700
5400
5500
5700
5800 Long legged doji
Buy on Weakness
5250
5150
5300
5050
5150
5300
5400 Rsi : downtrend 1230 Stoc osc : uptrend
RETAIL MAPI RALS
Trading Buy
1140
1140
1180
1060
1110
1180
ACES
Trading Sell
720
720
710
690
710
740
MPPA
Trading Buy
1980
1980
2000
1940
1960
2000
PTBA
Trading Sell
12900
12900
12700
12500
12700
13200
ADRO
Trading Sell
940
940
920
900
920
960
990 Macd : downtrend
ITMG
Buy on Weakness
29800
29500
30000
29300
29500
30000
30500 Macd : downtrend
ANTM
Trading Buy
1460
1460
1480
1400
1430
1480
1500 White spinning top
TINS
Trading Buy
1450
1450
1470
1410
1430
1470
1500 Rsi : reversal
UNTR
Trading Sell
16650
16650
16500
16300
16500
16800
17000 Rsi : downtrend
760 Stoc osc : downtrend 2050 Rsi : uptrend
MINING 13400 Macd : downtrend
PROPERTY ASRI
Buy on Weakness
600
580
620
560
580
620
640 White spinning top
LPKR
Buy on Weakness
1070
1050
1100
1030
1050
1100
1130 Black spinning top
CTRA
Buy on Weakness
970
950
990
930
950
990
APLN
Buy on Weakness
275
265
290
250
265
290
310 Gravestone doji
SMRA
Buy on Weakness
910
880
930
850
880
930
950 Black spinning top
SSIA
Trading Buy
BSDE
Buy on Weakness
1010 Doji
860
860
880
820
840
880
1410
1390
1430
1370
1390
1430
1460 Rsi : downtrend
900 Rsi : uptrend
WIKA
Buy on Weakness
1880
1850
1890
1830
1850
1890
1930 White spinning top
PTPP
Trading Buy
1140
1140
1170
1080
1120
1170
1200 White spinning top
ADHI
Trading Buy
1820
1820
1870
1730
1780
1870
1930 Macd : golden cross
3
DH Global Equity Indices YTD Change 16-Sep-13 Forward 2013 P/E Ratio (Best Est.) Description % LQ45 0.2 737 Nikkei 225 38.6 14,405 JCI 1.4 4,376 FTSE 100 11.6 6,584 ASX 200 13.1 5,259 DJIA 17.3 15,376 S&P500 18.4 1,688 STI (1.5) 3,120 CAC 40 13.0 4,115 Shanghai Composite (1.5) 2,236 DAX 11.8 8,509 KOSPI 0.7 2,011 Hang Seng 1.1 22,915 Euro Stoxx 8.8 2,867
14.1 18.1 14.8 12.9 15.2 13.9 15.3 14.4 13.1 9.8 12.8 13.7 10.9 12.8
Selected Indonesian Equities Description AALI ADRO AKRA ANTM ASII ASRI BBCA BBNI BBRI BBTN BDMN BHIT BKSL BMRI BMTR BSDE BUMI BWPT CPIN EXCL GGRM GIAA HRUM Sectors
YTD Change 16-Sep-13 Description % 2.0 20,100 ICBP (40.9) 940 IMAS (1.2) 4,100 INCO 14.1 1,460 INDF (18.4) 6,200 INDY 0.0 600 INTP 9.3 9,950 ITMG 15.5 4,275 JSMR 12.9 7,850 KLBF (33.8) 960 LPKR (26.5) 4,150 LSIP (33.3) 360 MAIN 5.8 200 MAPI 4.9 8,500 MNCN (24.2) 1,820 PGAS 27.0 1,410 PTBA (28.8) 420 SMCB (39.9) 830 SMGR 4.1 3,800 SSIA (22.8) 4,400 TLKM (26.6) 41,300 UNTR (25.0) 495 UNVR (46.7) 3,200 JAKPROP INDEX JAKBIND INDEX JAKMANU INDEX JAKFIN INDEX
Description Property Basic Industry Trade Finance Miscellaneous Industry Consumer Infrastructure Agriculture Mining
1-mth Return % JAKCONS INDEX (13.9) JAKMIND INDEX (6.7) JAKINFR INDEX (4.6) JAKAGRI INDEX (1.9) JAKMINE INDEX (4.6) (2.3) (5.7) 11.5 5.3
4
YTD Change 16-Sep-13 % 34.6 10,500 (7.5) 4,900 2.1 2,400 11.1 6,500 (47.9) 740 (14.9) 19,100 (28.3) 29,800 2.8 5,600 27.4 1,350 7.0 1,070 (40.0) 1,380 42.1 3,375 (21.1) 5,250 29.0 3,225 14.1 5,250 (14.6) 12,900 (21.6) 2,275 (14.8) 13,500 (20.4) 860 22.2 2,200 (15.5) 16,650 47.2 30,700
DH DIVIDEN
Ticker
Status
DPS (Rp)
Cum Date
Ex Date
Recording
Payment
LAMI
Final
5
16 Agustus 2013
19 Agustus 2013
21 Agustus 2013
4 September 2013
MTSM
Final
3
20 Agustus 2013
21 Agustus 2013
23 Agustus 2013
4 September 2013
MFIN
Final
16,5
3 September 2013
4 September 2013
6 September 2013
20 September 2013
STOCK SPLIT
Ticker
OS:NS
Ticker
OS:NS
ETWA
4:5
AMRT
1:10
TLKM
1:5
INAI
1:2
JRPT
1:5
JKON
1:5
ALMI
1:2
MAPI
1:10
UPCOMING IPO
Company
Ticker
Business
PT Puradelta Lestari
Properti
PT Eka Sari Lorena Transport
Transportasi
PT Sido Muncul
Jamu
PT Bank Indeks Selindo
Perbankan
PT Bank Muamalat indonesia
Perbankan
PT Arita Prima
Manufaktur Valve
PT Grand Kartech
Manufaktur Boiler
PT Wika Beton
Konstruksi
PT Batavia Prosperindo International
Konsultan servis
PT Link Net
Internet
PT Andira Agro
Kelapa Sawit
PT Citra Borneo Indah
Kelapa Sawit
5
Offering Date
Share
Price
Listing Date
DH Globa l Re fe re nce Ra te s
Ra te (USD)
F OREX
Cha nge %
FED Rate (%)
0.25
US D ID R
11,232
1.05
B I Rate (%)
7.25
US D EUR
0.75
(0.51)
EC B Rate (%)
0.50
US D JPY
99
0.42
B OJ Rate (%)
0.10
US D SG D
1.26
0.59
B OE Rate (%)
0.50
US D AUD
1.07
(0.96)
PB OC Rate (%)
6.00
US D G BP
0.63
(0.41)
A ugust
July
Le nding & De posit Ra te s
7.94
6.75
JIB OR (ID R) (%)
7.25 0.89
De scriptio n Inflation YTD (%) Inflation YOY (%)
8.79
8.61
LIBOR (G B P) (%)
Inflation MOM (%)
1.12
3.29
SIB OR (USD ) (%)
1.46
IND OG B 5Y YIELD (%)
7.88
Foreign Reserve (USD B n)
92.99
98.10
G D P (YOY G rowth) 2Q2013 (% )
6.23
6.23
IND OG B 10Y YIELD (%)
8.35
G D P (ID R tn) 2Q2013
2.21
2.21
IND OG B 15Y YIELD (%)
8.74
MACRO INDICATORS
Dua l Liste d
Price (IDR)
Cha nge %
TLKM (US )
1,909.44
0.00
ANTM (G R)
1,395.93
9.41
RAPBN 2014
APBN-P 2013
APBN 2013
GDP (%)
5,8-6,1
6,3
6,8
Inflation (%)
4,5-5,5
7,2
4,9
10.000-10.500
9.600
9.300
SBI—3 Months (%)
5,5
5,0
5,0
Crude Oil (USD/brl)
106
108
100
Oil Production (bpd)
870.000
840.000
900.000
Total APBN (IDR tn)
1.240
1.726
1.683
IDR/USD (IDR)
DISCLAIMER This material is issued by PT Sinarmas Sekuritas, a member of Indonesia Stock Exchanges, represent the opinion of PT Sinarmas Sekuritas, derived its judgement from sources deemed reliable, however, PT Sinarmas Sekuritas and its affiliated cannot guarantee its accuracy and completeness. PT Sinarmas Sekuritas or its affiliates may be involved in transactions contrary to any opinion herein or have positions in the securities recommended herein and may seek or will seek investment banking or other business relationships with the companies in this material. PT Sinarmas Sekuritas, its employees and its affiliates, expressly disclaim any and all liability for representation or warranties, expressed or implied, here in or omission there from or for any loss how so ever arising from any use of this material or its contents or otherwise arising in connection there with. Opinion expressed in this material are our present view and are subject to change without notice.
6
