DAILY NEWS 2/23/2015 IDX Statistics Close
Chg
%Chg
IDX Last
5,400.10
9.65
0.18
Vol (mn/sh)
4,211.44
Val (Rp Bn)
4,476.74
%YTD
Indeks Harga Saham Gabungan (IHSG) pada perdagangan di hari Jum’at (20/02) mengalami penguatan sebesar 9.66 poin atau naik 0.18% dan berakhir di level 5,400.1. Sementara itu -386.35 LQ45 mengakhiri perdagangan pada level 941.11 bertambah 0.70 poin atau terapresiasi 0.07%. 3.00
Foreign Net Buy/ -Net Sell (Rp bn) Market Indices Close
Chg
%Chg
%YTD
18140.44
154.67
0.86
1.72
S&P 500
2110.30
12.85
0.61
2.53
NASDAQ
4955.97
31.27
0.63
4.85
FTSE
6915.20
26.30
0.38
5.61
DJIA
NIKKEI HANG SENG
18332.3
67.51
0.37
5.05
24832.08
47.20
0.19
4.08
5910.20
28.66
0.49
8.73
27.54
-0.04
-0.15
0.36
ASX 200 EIDO Commodities Prices
%Chg Oil-WTI (USD/bbl)
Close
% YTD
0.16
50.89
Gold (USD/t oz.)
(0.21)
1,202
1.37
Nickel (USD/MT)
(0.20)
13,955
(7.89)
Tin (USD/MT)
(1.51)
17,900
(6.04)
CPO (RM/Ton)
0.61
2,300
Coal
(2.06)
0.62
50.53
BI Rate (%)
7.75
Inflation (YoY) (%)
6.96
GDP 3Q-14 (%)
5.01
USD//IDR
12,864
JPY/IDR
109
SGD/IDR
9,461
EUR/IDR
14,561
Mutual Fund 1 Mo
7,506.13
4.16%
SDS*
1,169.27
4.54%
1 Yr 20.42% -
United States
Wall Street (20/02) ditutup positif setelah zona Euro menyepakati perpanjangan empat bulan untuk bailout Yunani, beberapa data ekonomi AS yang positif juga menjadi katalis tambahan yang positif. Indeks Dow Jones naik 154.67 poin atau menguat 0.86%, S&P 500 bertambah 0.61%, dan Nasdaq terapresiasi 0.63%. Data PMI manufaktur AS juga berkespansi lebih baik dari prediksi dengan kenaikan 54.3 dari 53.9 di bulan Januari. Asia
Bursa Asia berakhir positif dengan sebagian besar bursa (1.12) lainnya yang tutup, komentar Kuroda yang kemungkinan akan memberikan indikasi pertambahan stimulus moneter Latest memicu penguatan bursa saham Jepang. Index Hang Seng 0.25 menguat 0.19% dan Nikkei melaju 0.37%.
Fed Rate (%)
NAB
Global Market
1.50
Economic Indicators
SDM
Market Recap:
YTD 1.83% 0.55%
JCI’s Outlooks Positifnya bursa saham global dan regional yang dimana Yunani sudah mendapatkan kesepakatan perpanjang utang akan menjadi berita baik bagi pasar domestik, namun pelemahan rupiah ditengarahai akan membuat kenaiakn IHSG sedikit terbatas. IHSG kami perkirakan akan bergerak bullish (moderat) dengan level support dan resistance masingmasing di 5,380 – 5,438.
* YTD since Mar-21
Semesta Dana Maxima vs IDX Performances
Semesta Dana Saham vs IDX Performances
45%
14%
40%
12%
35% 30%
10%
25%
8%
20%
6%
15%
10%
4%
5%
2%
0%
0%
-5%
-2%
-10% 1-Jan-14
1-Mar-14
1-May-14
1-Jul-14
1-Sep-14
1-Nov-14
-4% 21-Mar-14
JCI
1 of 6 report
SDM
21-May-14
21-Jul-14 JCI
21-Sep-14
SDS
Please see important disclosure at the end of this
2/23/2015
DAILY NEWS TECHNICAL COUNTER ASRI
Minat beli masih menunjukkan tren yang meningkat S: 645 R: 720 Rekomendasi : Hold
JSMR MACD Daily Golden Cross
S: 6,900 R1: 7,550 Rekomendasi : Buy
BBRI MACD Golden Cross
S: 12,225 R: 13,000 Rekomendasi : Hold
Keterangan rekomendasi Buy : Harga berpotensi menguat beberapa hari kedepan Buy on Weakness : Harga berpotensi menguat namun diperkirakan akan terkoreksi untuk sementara Trading Buy : Harga diperkirakan bergerak fluktuatif dengan kecenderungan ditutup menguat Sell : Harga berpotensi melemah beberapa hari kedepan Sell on Strength : Harga masih berpotensi menguat namun akan segera mengalami koreksi dalam waktu dekat.
2 of 6 report
Please see important disclosure at the end of this
DAILY NEWS 2/23/2015 INDONESIA NEWS Ekonomi – Moneter Sejumlah ekonom menilai Bank Indonesia (BI) masih mempunyai ruang untuk melonggarkan kebijakan moneter dengan menurunkan suku bunga acuan atau BI rate sebesar 25 basis poin tahun ini. Pasalnya, inflasi diprediksi masih di range target bawah BI dan defisit transaksi berjalan masih dalam kategori aman. Sepanjang 2015 inflasi diprediksi berada pada kisaran 3.7%. (Sumber: IFT) Summarecon Agung (SMRA) Close: 1,830 Change: 0.83% Selaras Maju Mandiri (SMM) yang merupakan perusahaan terkendali dari SMRA melakukan pembelian saham Sinergi Mutiara Cemerlang (SMC) sebanyak 162.180 saham. (Sumber: IQ Plus) Sekawan Intipratama (SIAP) Close: Change: SIAP tampaknya serius memasuki bisnis energi. Hal tersebut dapat dilihat dari rencana perseroan yang akan membangun pabrik konversi batu bara menjadi ethanol. Dalam memuluskan ekspansinya tersebut, perusahaan telah mengakuisisi perusahaan batu bara, yakni Indo Wana Bara Mining Coal (IWBMC), yang berlokasi di Kabupaten Kutai Barat, Kalimantan Timur. (Sumber: IQ Plus) Bank Mandiri (Persero) (BMRI) Close: 11,950 Change: 1.04% BMRI optimistis net interest margin (NIM) tahun 2015 akan mencapai 6%, tumbuh 5-10 basis poin (bps) dari realisasi tahun 2014 yang berada di level 5.9%. Kendati perseroan tengah berencana mengkaji penurunan suku bunga. (Sumber: Berita Satu) Waskita Karya (Persero) (WSKT) Close: 1,840 Change: 0.82% Waskita Precast, anak usaha WSKT tengah menjajaki kerja sama dengan perusahaan asal Malaysia dan Tiongkok untuk pembangunan pabrik dan ekspor produk. Waskita Precast bakal memilih salah satu dari kedua perusahaan tersebut. (Sumber: IQ Plus) Energi Mega Persada (ENRG) Close: 99 Change: 2.06% ENRG tengah mencari mitra strategis untuk mengelola Blok Buzi di Mozambik, Afrika. Perusahaan migas milik keluarga Bakrie itu menawarkan 30 persen hak kepemilikan di blok tersebut. (Sumber: IQ Plus)
3 of 6 report
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DAILY NEWS 2/23/2015 Daily Valuation STOCK
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55
Stock Code
AGRICULTURE Astra Agro Lestari AALI BW Plantation BWPT London Sumatera LSIP Sampoerna Agro SGRO Salim Ivomas SIMP MINING Adaro Energy ADRO Harum Energy HRUM Indo Tambangraya ITMG Bukit Asam PTBA Aneka Tambang ANTM Vale Indonesia INCO Timah TINS BASIC INDUSTRY AND CHEMICALS Indocement INTP Holcim Indonesia SMCB Semen Indonesia SMGR Wika Beton WTON Charoen Pokphand CPIN Japfa Comfeed JPFA Malindo Feedmill MAIN MISC. INDUSTRY Astra International ASII CONSUMER GOODS Tiga Pilar Sejahtera AISA Indofood CBP ICBP Indofood Sukses INDF Gudang Garam GGRM Kimia Farma KAEF Kalbe Farma KLBF Industri Jamu SIDO Unilever Indonesia UNVR PROPERTY AND REAL ESTATE Agung Podomoro APLN Alam Sutera ASRI Bumi Serpong Damai BSDE Ciputra Development CTRA Lippo Karawaci LPKR Pakuwon Group PWON Pem. Perumahan PTPP Wijaya Karya WIKA Waskita Karya WSKT INFRASTRUCTURE Perusahaan Gas Negara PGAS Jasa Marga JSMR XL Axiata EXCL Telekomunikasi Indonesia TLKM Express Trasindo TAXI Tower Infrastructure TBIG FINANCE Bank Central Asia BBCA Bank Bukopin BBKP Bank Negara Indonesia BBNI Bank Rakyat Indonesia BBRI Bank Tabungan Negara BBTN Bank Danamon BDMN Bank Mandiri BMRI TRADE, SERVICE & INVESTMENT United Tractors UNTR Ace Hardware ACES Matahari Putra Prima MPPA Media Nusantara Citra MNCN Surya Citra Media SCMA TOTAL
Rating
Last Px Shr. Out (IDR) (Bn)
M.Cap Px Target (IDR tn) 15F
P/E ¹ (x)
PBV (x)
GPM OPM NPM DER (%) (%) (%) (x)
ROE¹ (%)
Hold Hold Outperform Outperform
24975 364 1875 2030 700
1.574 4.503 6.822 1.89 15.816
39.31 1.64 12.79 3.84 11.07
26,000 2,145 2,515 910
15.66 5.78 13.69 9.27 14.89
3.51 0.70 1.83 1.28 0.67
31.31 45.57 35.87 28.36 26.62
23.78 30.17 26.58 20.34 14.96
16.01 18.95 19.82 12.51 5.17
0.62 1.79 0.21 0.69 0.85
22.4 12.5 13.3 13.86 4.52
Outperform Underperform Outperform
995 1690 18200 10600 1030 3435 1010
31.985 2.703 1.129 2.304 9.538 9.936 7.447
31.83 4.57 20.55 24.42 9.82 34.13 7.52
13,850 925 1,425
0.81 1.38 5.73 11.58 -13.04 14.06 17.12
0.81 0.99 1.77 3.00 0.81 1.48 1.52
23.37 18.29 23.13 31.76 8.96 30.32 17.92
18.81 8.79 5.02 5.19 14.99 15.33 19.17 16.38 -2.05 -9.7 24.42 16.87 7.83 6.93
1.23 0.18 0.43 0.72 0.87 0.28 5.48
8.76 6.74 31.15 25.86 -6.19 9.42 58.59
Outperform Hold Outperform Outperform Outperform Outperform Outperform
23650 1970 14750 1410 3785 825 2105
3.681 7.662 5.931 8.715 16.40 10.66 1.791
87.06 15.09 87.48 12.29 62.07 8.79 3.77
17.53 19.90 16.05 27.23 20.12 150.36
3.74 1.69 3.73 5.69 1.66 3.19
44.81 28.35 43.68 14.52 15.56 14 9.89
29.18 26.23 12.95 7.59 26.92 21.12 12.2 9.61 10.57 7.86 5.4 1.75 2.49 0.54
0.13 0.91 0.38 0.81 0.76 2.15 1.8
21.3 8.49 23.2 14.4 20.93 8.24 2.09
Hold
7850
40.783
320.15
30,500 2,600 18,100 1,600 4,375 1,300 3,075 7,650
16.46
2.75
19.12
9.73
9.62
1.04
16.73
Hold Outperform Outperform Outperform Hold Hold Outperform Outperform
2120 14200 7350 55000 1295 1790 595 35325
3.218 5.83 8.78 1.924 5.554 46.875 15 7.63
6.82 82.79 64.53 105.82 7.19 83.91 8.93 269.53
2,500 14,000 8,250 67,000 1,550 2,030 800 37,500
19.81 30.02 15.98 19.63 37.00 42.62 49.89
2.70 5.70 1.58 3.32 4.19 9.09 49.27
21.47 26.6 27.03 20.13 30.54 48.05 35.24 48.8
14.52 7.06 11.17 9.08 12.01 6.01 12.85 8.38 6.97 4.67 16.46 11.65 19.56 19.72 21.02 1.77
1.2 0.64 1.11 0.77 0.59 0.3 0.06 1.77
13.66 19.01 9.9 16.89 11.18 21.49 16.54 98.64
Outperform Outperform Outperform Hold Hold Outperform Buy Buy Outperform
471 690 2120 1500 1165 535 3965 3635 1825
20.5 19.6 18.4 15.17 23.07 48.15 4.84 6.149 9.673
9.66 13.56 38.95 22.75 26.88 25.76 19.19 22.35 17.65
520 640 2,270 1,325 1,200 530 4,660 4,200 1,650
14.27 11.69 9.10 19.23 19.10 14.86 49.56 41.78 101.39
1.22 2.35 2.22 2.13 1.64 4.73 8.93 4.73 7.27
50.01 55.4 75.71 51.86 46.84 59.83 11.68 10.92 9.47
24.75 46.1 48.3 34.71 28.27 53.16 8.99 9.58 6.35
14.43 29.83 82.09 20.87 17.21 48.42 3.71 4.65 2.44
1.8 1.73 0.55 1.08 1.17 1.35 4.94 2.18 3.23
8.5 20.09 24.31 11.03 8.56 32.49 18 11.31 7.09
Outperform Outperform Outperform Buy Outperform Hold
5375 7200 4825 2890 965 8650
24.24 6.8 8.53 100.8 2.15 4.80
130.30 48.96 41.18 291.31 2.07 41.49
7,200 6,300 3,350 1,600 10,800
14.67 32.29 -34.22 19.14 14.19 27.37
3.67 4.28 2.95 3.60 2.35 9.45
43.84 100 100 27.33 84.56 85.22
30.62 34.71 6.12 33.92 18.73 75.93
23.54 17.07 -5.13 17.38 17.03 46.81
0.92 1.74 3.14 0.7 2.31 3.85
28.21 13.28 -8.6 18.87 16.5 34.59
Hold Outperform Outperform Outperform Outperform Underperform Outperform
14050 800 6900 12725 1055 4650 12075
24.41 8.99 18.46 24.42 10.46 9.48 23.1
342.96 7.19 127.37 310.74 11.04 44.08 278.93
13,150 840 6,950 13,280 1,230 3,700 11,915
21.29 8.08 12.68 12.97 11.11 15.87 14.62
4.64 1.08 2.22 3.43 0.94 1.38 2.85
-
-
-
6.41 11.72 6.34 6.57 10.67 4.84 6.62
11.17 13.58 8.91 13.82 4.64 4.83 10.61
Hold Underperform Outperform Hold Outperform
19150 770 4470 3075 3710
3.73 17.15 5.37 14.18 14.62
71.43 13.21 24.00 43.60 54.24
20,100 520 3,500 2,800 3,775
11.22 26.55 50.80 23.47 36.73
1.86 21.16 15.29 11.69 6.06 48.32 14.54 11.2 9.09 17.12 4.47 3.51 4.98 57.8 37.91 27.53 17.34 100 47.58 35.74
0.63 0.25 0.96 0.58 0.41
16.56 22.96 17.81 21.11 47.07
-
3508.54
* Fair value forecasts are based on consensus analysis and mostly for 12-month, ¹Annualized
4 of 6 report
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DAILY NEWS 2/23/2015 Dividend KODE AISA ADRO BFIN BIPI
5 of 6 report
DIVIDEN Rp 8,5 Rp 11,73 Rp 138 Rp 1
CUM 24-Dec-14 24-Dec-14 2-Jan-15 13-Jan-15
TANGGAL Ex 29-Dec-14 29-Dec-14 5-Jan-15 14-Jan-15
PAYMENT 14-Jan-15 16-Jan-15 15-Jan-15 30-Jan-15
KETERANGAN Tunai Interim Interim Tunai
Pleasesee seeimportant importantdisclosure disclosureatatthe theend endofofthis thisreport Please
DAILY NEWS 2/23/2015
RESEARCH Aditya Perdana Putra Research Analyst
[email protected] HEAD OFFICE PT. Semesta Indovest Menara Imperium Fl.18 Jl. HR Rasuna Said Kav. 1 Jakarta 12980 - Indonesia Jakarta - Puri Komp. Rukan Puri Niaga III, Blok M 8/ 2A Jl. Puri Kencana Kembangan, Jakarta 11610 Telp. (021) 2569 5600 Fax. (021) 5830 3441
BRANCHES
Surabaya Ruko Darmo Square Blok B 28 Jl. Raya Darmo No. 54 – 56, Surabaya 60264 Telp. (031) 563 2727 Fax. (031) 562 4616
Serpong Ruko BSD Sektor 7 Blok RN No. 60, Serpong 15321 Telp. (021) 537 9545 Fax. (021) 537 9967 Semarang Jl. Karang Saru No.17 Semarang 50136 Tel. (024) 358 4801/03 Fax. (021) 358 4804
Disclaimer This report has been prepared by PT. Semesta Indovest on behalf of itself and its affiliated companies and is provided for information purposes only. Under no circumstances is it to be used or considered as an offer to sell, or a solicitation of any offer to buy. This report has been produced independently and the forecasts, opinions, and expectations contained herein are entirely those of PT. Semesta Indovest. While all reasonable care has been taken to ensure that information contained herein is not untrue or misleading at the time of publication, PT. Semesta Indovest makes no representation as to its accuracy or completeness and it should not be relied upon as such. This report is provided solely for the information of clients of PT. Semesta Indovest who are expected to make their own investment decisions without reliance on this report. Neither PT. Semesta Indovest nor any officer or employee of PT. Semesta Indovest accept any liability whatsoever for any direct or consequential loss arising from any use of this report or its contents. PT. Semesta Indovest and/or persons connected with it may have acted upon or used the information herein contained, or the research or analysis on which it is based, before publication.
6 of 6 report
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