Indonesia Daily| 30 Juni 2016
♦ Berita emiten
IHSG
Index
Juta saham
5,100 4,900 4,700 4,500 4,300 4,100 3,900 3,700 3,500 29‐Jun‐15
9,000 8,000 7,000 6,000 5,000 4,000 3,000 2,000 1,000 0 20‐Sep‐15
12‐Dec‐15
4980.1
4‐Mar‐16
26‐May‐16
97.9 Last
Avg 6 month
Volume (juta saham)
4,258
3,667
Nilai (Rp miliar)
6,182
4,341
Ticker
Harga Akhir
Chg %
Volume (juta saham)
1
AGRO
252
34 ▲ 200
2
BUMI
67
0 ● 188
3
PWON
615
4.2 ▲ 167
4
BKSL
91
1.1 ▲ 141
5
LPKR
1,125
6.1 ▲ 126
Source: Bloomberg, Maybank Kim Eng
Ciputra Development (CTRA, HOLD): Menunggu berita baik.
♦
Telekomunikasi Indonesia (TLKM, BUY): Jual saham treasury dengan total nilai IDR3.3t.
♦
Bumi Minerals (BRMS): Tengah mematangkan negosiasi penjualan saham Newmont.
♦ Market Review
IHSG ditutup berlanjut menguat +2% ke level 4,980 kemarin. Menguatnya IHSG ke level tertingginya sejak bulan Juni tahun lalu tersebut dipicu sentimen eforia tax amnesty, dimana pelaku pasar berharap Tax Amenesty akan terjadi pemulangan dana/asset (repatriasi asset) dari luar negeri. Dimana dana2 tersebut akan diinvestasikan ke surat berharga, dan beberapa asset laiinnya. Hal tersebut akan mendorong pertumbuhan ekonomi, dan juga akan berdampak menurunkan suku bunga. Sementara, dari sisi inflasi bulan Juni, besok akan diumumkan oleh BPS. Economist Maybank Indonesia, Juniman, memperkirakan 2.0% inflasi bulan Juni ini mencapai +0.65% MoM dan 3.45% YoY. Juniman juga menurunkan target inflasi bulan tahun ini, dari 4.05% YoY menjadi 3.15% YoY. Sementara kemarin, TLKM menjual saham treasurynya sebanyak 864juta lembar dengan nilai IDR3.3t. Sentimen tersebut membuat aktivitas asing juga meningkat tajam, kemarin asing melakukan net buying IDR1.7t, vs. sehari sebelumnya net buying IDR691miliar. Dari mata uang Rupiah juga berlanjut menguat, ditutup di IDR13,157/USD vs. sehari sebelumnya di IDR13,188/USD.
Top 5 saham berdasarkan volume No
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Dari bursa Regional pagi ini dibuka rata-rata berlanjut positif, ditengah bursa Wall Street yang masih bergerak menguat, ditutup rata-rata +1.73% kemarin. Berlanjut menguatnya bursa regional, dan US dipicu meredanya kekhawitran dari Brexit, serta sepkulasi adanya upaya pemerintah dan Bank Central secara global akan melakukan upaya-upaya stimulus, dari sentimen Brexit. Seperti Korea Selatan yang akan melakukan kebijakan fiskal stimulus, demikian jepang yang akan meningkatkan likuiditas di pasar. Dari data makro ekonomi US, kemarin diumumkan data bervariaitif, seperti : 1) Data Personal Income bulan May yang tumbuh tipis +0.2% vs. bulan sebelumnya +0.4% Realisasi tersebut sedikit dibawah perkiraan consensus economist, tumbuh +0.3%. 2) Data Personal Spending bulan May, tumbuh +0.4%, in line dengan ekspektasi consensus, tumbuh +0.4%. 3) Data Pending home sales bulan May, yang melemah -3.7% MoM vs. bulan sebelumnya tumbuh 3.9% MoM, Realisasi tersebut lebih rendah/buruk dari estimasi consensus, turun -1.1% MoM. Dari komoditas minyak mentah di NYMEX berlanjut menguat +4.24% menjadi USD49.88 per barrel kemarin. Menguatnya minyak mentah masih dipicu oleh sentimen menguatnya bursa global. Disisi lain, kemarin departemen Energy US yang mengumumkan data cadangan minyak mentahnya berlanjut turun sebesar 4.05juta barrel ke menjadi 526,57juta barrel, merupakan penurunan yang ke 6 minggunya berturut-turut.
Hal | 2
Ciputra Development (CTRA, HOLD): Menunggu berita baik • Berdasarkan riset report Indonesia, Aurelia Setiabudi. Mempertahankan rekomendasi HOLD dengan TP tetap di IDR1,400 per saham (mewakili 2.2x 2016 P/BV atau discount 54% dari RNAVnya). • Aurelia mempertahankan rekomendasinya HOLD, dipicu pertumbuhan laba CTRA yang diperkirakan flat hingga tahun 2018, seiring penjualan/marketing sales di tahun 2013-2015 yang flat. • Aurelia melihat sebagai proxy di sektor property, CTRA akan diuntungkan oleh kondisi makro ekonomi yang membaik, serta kebijakan Bank Indonesia yang lebih lunak. • Meski penjualan/marketing sales di 5M16 baru mencapai 29% dari FY16 target, namun manajemen mash Yakin bahwa target marketing sales sebesar IDR9.3t (tumbuh 1%) tahun ini dapat tercapai. • Aurelia melihat bahwa dengan adanya relaksasi LTV, yang akan efektif bulan Agustus, maka penjualan di Semester II akan lebih baik. • Terkait rencana merger, anak usaha CTRS dan CTRP, ke dalam CTRA. Aurelia melihat bahwa akan terjadi dilusi sebesar 10% terhadap pemegang saham CTRA. Meski demikian, upaya merger masih tergantung dari regulasi pajak yang baru untuk merger, yang mengecualikan industry property. Namun jika, maka CTRA tidak akan melanjutkan proses merger karena pajak yang dibayar cukup besar senilai IDR600miliar atau 23% dari EBIT tahun 2016.
Telekomunikasi Indonesia (TLKM, BUY): Jual saham treasury dengan total nilai IDR3.3t. • Dikutip dari Investor Daily, – PT Telekomunikasi Indonesia (TLKM IJ) meraih dana sebesar IDR3.3t dari hasil penjualan saham simpanan (treasury stock) sebanyak 864 juta saham. • Transaksi itu terjadi pada harga IDR3,820/saham. • Menurut Vice President Investor Relation Telkom, Andi Setiawan, dana hasil penjualan saham treasury akan digunakan untuk mendukung belanja modal (capital expenditure) Perseroan. • Empat agen penjual atau broker telah memfasilitasi penjualan saham treasury tersebut yaitu Bahana Securities, Credit Suisse, Mandiri Sekuritas, dan Danareksa Sekuritas.
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Bumi Minerals (BRMS): Tengah penjualan saham Newmont.
mematangkan
negosiasi
• Dikutip dari Investor Daily, Bumi Resources Minerals (BRMS IJ) tengah mematangkan negosiasi penjualan saham PT Newmont Nusa Tenggara kepada mitra strategis. • Namun, sebelum dilepas, BRMS wajib melunasi utang yang melekat pada aset tambang Newmont sebesar USD300m kepada Credit Suisse.
Key corporate actions
Commodities
Nickel (USD/ton)
29‐06‐2016 28‐06‐2016 9,394.50
Change (USD)
Change (%)
9,293.50 101.00 1.09
Tin (USD/ton)
17,109.00
16,927.00 182.00 1.08
Gold (USD/t.oz)
1,319.02
1,311.80 7.22 0.55
CPO Malaysia (USD/ton)
594.55
601.36 (6.81) (1.13)
Oil NYMEX (USD/barrel)
49.88
47.85 2.03 4.24
Coal ‐ ARA region (USD/ton)
53.13
62.40 (9.27) (14.86)
Note:*Libur | Sumber: Bloomberg
Company
ADR Ticker
ADR Close 29‐06‐2016
Telkom ‐ NY (USD)
TLK US
61.00
3.02
3,210.31
3,970
(19.14)
250
Indosat ‐ NY (USD)
IIT US
‐
‐
‐
6,425
‐
50
BLT ‐SG (SGD)
BLTA SP
‐
‐
‐
IDR
13,157.00
SGD
9,752.85
Change ADR Local (IDR) % Equivalent IDX Close % Prem
Shares Per ADR
‐
Sumber: Bloomberg
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Cum date
Ex date
Company
Action
29-Jun-16
30-Jun-16
FKS Multi Agro (FISH)
Cash Dividend
Price (IDR) Note 50.0
29-Jun-16
30-Jun-16
Lion Metal Works (LION)
Cash Dividend
40.0
29-Jun-16
30-Jun-16
Lionmesh Prima (LMSH)
Cash Dividend
5.0
30-Jun-16
1-Jul-16
Pembangunan Jaya Ancol (PJAA)
Cash Dividend
69.0
30-Jun-16
1-Jul-16
Pudjiadi and Sons (PNSE)
Cash Dividend
3.5
30-Jun-16
1-Jul-16
Summarecon Agung (SMRA)
Cash Dividend
5
30-Jun-16
1-Jul-16
Panin Sekuritas (PANS)
Cash Dividend
80
30-Jun-16
1-Jul-16
Asuransi Harta Aman Pratama (AHAP)
Cash Dividend
2
30-Jun-16
1-Jul-16
Sepatu Bata (BATA)
Cash Dividend
6.45
30-Jun-16
1-Jul-16
Panorama Sentrawisata (PANR)
Cash Dividend
4.08
1-Jul-16
11-Jul-16
Sinar Mas Multiartha (SMMA)
Cash Dividend
1
1-Jul-16
11-Jul-16
Mandala Multifnance (MFIN)
Cash Dividend
19
1-Jul-16
11-Jul-16
Indomobil Sukses International (IMAS)
Cash Dividend
10
1-Jul-16
11-Jul-16
Megapolitan Developments (EMDE)
Cash Dividend
2
11-Jul-16
12-Jul-16
Bank Nusantara Parahyangan (BBNP)
Cash Dividend
9
11-Jul-16
12-Jul-16
Batavia Prosperindo Finance (BPFI)
Cash Dividend
22.05 25
11-Jul-16
12-Jul-16
Pakuwon Jati (PWON)
Cash Dividend
11-Jul-16
12-Jul-16
Intiland Development (DILD)
Cash Dividend
5
11-Jul-16
12-Jul-16
Asuransi Dayin Mitra (ASDM)
Cash Dividend
68
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Cabang Kebun Jeruk
Cabang Pluit
Cabang Melawai
Sentral Senayan III, 22nd floor
Graha Kencana Lt. Mezanine
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Gedung Melawai Lt.3
Jl.Asia Afrika No.8
Jl.Raya Perjuangan No.88 Kebun Jeruk,
Jl. Pluit Indah Raya
Jl. Melawai Raya No.67-68.
Gelora Bung Karno, senayan.
Jakarta 11530
Jakarta 14440
Jakarta 12130
Jakarta 10270
Telp: (021) 53670540
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Intiland Tower Surabaya
Perkantoran Pemuda Mas Blok A6 Jl. Pemuda No. 150 Semarang 50132 Telp: (024) 865 78 226 Fax: (024) 865 78 227
Sentral Senayan III,22nd floor
st
1 floor Suite 2-3 Jl.Panglima Sudirman 101-103 Surabaya 60271
Jl.Asia Afrika No.8 Gelora Bung Karno, Senayan. Jakarta 10270 Telp: (021) 80668500
Telp: (031) 5462235 Fax: (031) 5462237
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