RISET SAHAM HARIAN Samuel Equity Research
Monday, 19 December 2016
Market Activity
Bursa global mele mah, IHSG diprediksi flat
Monday, 19 Dec 2016 Market Index Index Movement Market Volume Market Value
: : : :
Last Close
5,231.7 -22.7 (-0.43%) Mn shrs 4,050 5,327 Bn rupiah Changes +/%
Leading Movers BJBR 2,950 SMGR 9,175 CPIN 3,250 AMRT 540
550 200 70 25
22.9 2.2 2.2 4.9
Lagging Movers TLKM 3,820 ASII 7,575 BBRI 11,275 UNTR 21,975
-90 -175 -125 -575
-2.3 -2.3 -1.1 -2.5
Foreign Net Buy / Sell Net Buy (Rpbn) SMGR 13 CPIN 13 LPPF 11 JSMR 10 BSDE 10
Net Sell (Rpbn) ASII 141 BBRI 134 TLKM 120 UNVR 79 LPKR 59
setelah kapal perang Angkatan Laut Cina menyita drone selam AS, hal ini meningkatkan sentimen risk-off pada bursa. Saat ini investor masih dilanda kekhawatiran dan berpaling ke saham defensif serta obligasi. Sementara itu bursa Eropa menguat, seiring fokus investor global lebih memilih saham dibanding obligasi setelah The Fed menaikkan suku bunga acuan. Harga minyak menguat dipicu oleh melemahnya
nilai
tukar
dolar
AS.
Minyak
mentah
masih
mempertahankan tren kenaikannya di tengah eskpektasi menipisnya surplus pasokan terhadap permintaan. Dari regional Asia, mayotitas bursa juga turut dibuka melemah, yang kami lihat dikarenakan terdorong oleh pelemahan pada bursa global. IHSG hari ini kami perkirakan bergerak flat ditengah
Money Market Last Close 13,393 4.2 0.5
Changes +/% -5.0 0.0 0.0 -
Dual Listing Securities Last Close TLKM 28.5 ISAT 41.0 EIDO 23.8
Changes +/% -0.5 -1.6 -0.3 -0.8 -0.1 -0.5
USD/IDR JIBOR O/N Infl (MoM)
Bursa saham AS ditutup melemah pada perdagangan Jumat,
minimnya berita – berita baik yang bersifat sentimen negatif dan positif. Rupiah melemah cukup tajam pada perdagangan Jum’at sejalan dengan pelemahan yang terjadi di Asia. Namun,
untuk
jangka menengah penguatan Rupiah bisa kembali didorong penguatan surplus perdagangan yang diperkirakan konsisten Highlights
World Indices
DJIA S&P 500 Euro Stoxx MSCI World Nikkei Hang Seng
Last Close 19,843 2,258 3,259 1,755 19,373 22,021
Changes +/-9 -4 10 0 -28 -39
% 0.0 -0.2 0.3 0.0 -0.1 -0.2
ASII: Astra jajaki pinjaman US$200juta
JSMR: Operasikan 235km jalan tol baru BUMI: Kaji bangun PLTU 3.000 MW
BSDE: Jual lahan Rp1.4tn
Retail: Menutup target dengan gerai baru di ujung tahun
Commodities Brent Oil CPO Malay Coal Newc Nickel Tin
Last Close 55 3,161 85 11,136 21,312
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Changes +/% 0.1 0.2 0.0 0.0 1.1 1.3 -130.0 -1.2 -48.0 -0.2
DISCLAIMERS : Anal yst Certification : The vi ews express ed in this research acc uratel y reflect the personal views of the anal ys t(s) about the s ubjec t s ecurities or issuers and no part of the c ompens ation of the analys t(s) was, is, or will be direc tl y or indirec tl y related to the incl usion of s pecific recommendati ons or vi ews in this res earch. The anal yst(s) princi pall y res ponsible for the pr eparati on of this r esearch has taken reasonable car e to ac hi eve and maintain i ndependence and obj ecti vity in maki ng any rec ommendati ons . This document is for information onl y and for the use of the recipient. It is not to be repr oduced or copied or made available to others. Under no circumstanc es is it to be considered as an offer to s ell or solicitation to buy any s ecuri ty. Any r ecommendation c ontai ned in this report may not be s uitable for all investors. Mor eover, although the i nfor mation contained herein has been obtained from sources believed to be r eliabl e, its accurac y, c ompleteness and reli ability c annot be guaranteed. All rights res er ved by PT Samuel Sekuritas Indonesi a.
ASII: Astra jajaki pinjaman US$200juta PT Astra International Tbk (ASII), tengah menjajaki pinjaman sebesar US$200juta. Sebelumnya Astra telah menghimpun dana sebesar US$00juta dari delapan bank di 4Q14 untuk kebutuhan pelunasan hutang dan modal kerja. Di sisi lain, anak usaha ASII, Astra Sedaya Finance juga berniat mengumpulkan dana sekitar Rp5.4-Rp6,2tn hingga tahun depan. Selain itu kajian penerbitan PUB III juga tengah dilakukan. (Investor Daily). ASII: Buy; 13.7x P/E17E dan 2.4x PBV 17E. JSMR: Operasikan 235km jalan tol baru PT Jasa Marga Tbk akan mengoperasikan sektiar 235 km di enam ruas jalan tol baru pada tahu depan. Langkah ini sebagai upaya perusahaan untuk mendukung percepatan pembangunan jalan tol baru sepanjang 1.000 km. Keenam ruas tol yang akan dioperasikan tersebut adalah tol Semarang-Solo sepanjang 17.5km dan tol Surabaya-Mojokerto sepanjang 15.5km. Jalan tol Solo-Ngawi yang memiliki total panjang 90,25 km, pembangunannya ini menggunakan skema Kerjasama Pemerintah dan Badan Usaha (KPBU). Pemerintah memberikan dukungan konstruksi untuk meningkatkan tingkat kelayakan finansial ruas tol ini melalui pembangunan konstruksi Solo (Kartosuro) hingga Karanganyar sepanjang 20,9 km. Adapun sisanya sepanjang 69,35 km dilaksanakan oleh PT Solo Ngawi Jaya. (Investor Daily) JSMR: Buy; 17E’ PE: 17.0x, PBV: 2.4x. BUMI: Kaji bangun PLTU 3.000 MW PT Bumi Resources Tbk (BUMI) tengah merancang pembangunan proyek pembangkit listrik tenaga uap (PLTU) berkapasitas 3.000 Megawatt. pembangunan PLTU itu akan dilakukandi berbagai wilayah Tanah Air. BUMI mengklaim telah mengantongi perizinan untuk proyek tersebut. Nantinya, anak-anak usaha BUMI juga bakal turut ambil bagian dalam proyek pembangunan percepatan PLTU tersebut. BUMI akan meng ajak mitra strategis, salah satunya dari China. Pendanaan untuk pembangunan proyek PLTU bakal diperoleh dari pinjaman perbankan asing. Saat ini BUMI tengah membangun proyek PLTU berkapasitas 3x18 MW. Power plant berbahanbaku batu bara itu dibangun pada pertambangan anak usaha, PT Kaltim Prima Coal (KPC). (Bisnis Indonesia) BUMI: Non-Coverage.
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Page 2 of 7
BSDE: Jual lahan Rp1.4tn PT Bumi Sepong Damai, Tbk (BSDE) mendapatkan tambahan pre-sales senilai Rp1.4tn dari penjualan lahan 19ha dari perusahaan patungan yang didirikan bersama Mitsubishi Corporation. Lahan tersebut akan dikembangankan menjadi kawasan mixed use dengan rencana awal pembangunan 1.000 landed house. Penjualan tersebut mendorong pra penjualan total tercatat sebesar Rp5.5tn. Selain itu, perusahaan juga berpotensi mencatat penjualan pre sales sebesar Rp900miliar dari penjualan lahan untuk pembangunan tol Serpong-Balaraja. (Bisnis Indonesia). BSDE: Buy; 11.2x P/E17E dan 1.3x PBV 17E. Retail: Menutup target dengan gerai baru di ujung tahun Menjelang akhir tahun para pemain industri retail berlomba menggelar p romosi dan menambah gerai baru. Lotte Mart membuka dua gerai menjelang akhir tahun. Yang pertama berupa hypermarket Lotte pada November 2016 di Surabaya Jawa Timur, dan yang kedua di Green Pramuka pada 22 Desember 2016.Sementara Matahari Department Store membuka gerai baru di Bogor Jawa barat dan Ketapang Kali mantan Barat. Matahari Department Store dalam setahun bisa membuka antara delapan sampai 10 gerai anyar. Namun, pembukaan gerai anyar di periode akhir tahun ini tidak serta merta mendongkrak penjualan pada 2016. Untuk tahun depan, Matahari memperkirakan masih bisa menambah gerai anyar lagi minimal delapan gerai. Tambahan gerai ini diharapkan bisa mendongkrak penjualan 2017 sampai dengan 10-20%. (Kontan) Retail: Overweight.
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Page 3 of 7
Ticker
Rec.
JCI Wgt Last price 1D Chg 5D Chg 1M Chg YTD Chg TP Cons
PE
PBV
ROE
EV/EBITDA (x)
TP SSI
Upside
(%)
(Rp)
(%)
(%)
(%)
(%)
(Rp)
(Rp)
(%)
16E
17E
16E
17E
16E
17E
16E
17E
16.8 10.5
11031 16251
12400 17100
14.8 16.3
14.4 18.6
11.3 15.7
1.6 3.3
1.5 2.8
11.3% 17.6%
13.1% 17.9%
n/a n/a
n/a n/a
Banks BMRI BBCA
BUY BUY
4.4 6.3
10800 14700
0.5 (0.7)
(1.59) -
(1.1) (0.2)
BBRI
BUY
4.9
11325
0.4
(1.31)
(1.5)
(0.9)
13048
13700
21.0
10.8
9.2
1.9
1.7
17.9%
18.1%
n/a
n/a
BBNI
BUY
1.8
5500
2.8
0.46
5.3
10.2
6341
6300
14.5
9.7
7.9
1.2
1.1
12.2%
13.4%
n/a
n/a
0.3
1685
(0.9)
(2.60)
1.5
30.1
2158
2300
36.5
7.6 12.2
6.4 10.1
0.9 1.8
0.8 1.6
12.4% 14.3%
13.1% 15.1%
n/a n/a
n/a n/a
(5.8) 0.0
27.3 50.2
10109 9920
10300 9900
20.1 27.3
26.9 17.3
24.1 14.6
5.7 2.3
5.0 2.1
21.0% 13.2%
20.8% 14.2%
20.1 9.3
17.1 8.4
BBTN BUY Average Consumer (Staples) ICBP INDF
BUY BUY
1.8 1.2
8575 7775
(0.6) 0.3
(3.11) (3.42)
KLBF
BUY
1.3
1520
(0.7)
(3.49)
3.8
15.2
1783
1700
11.8
31.7
28.1
6.1
5.4
19.1%
19.0%
21.8
18.2
ROTI
BUY
0.1
1490
(2.0)
(1.32)
(3.9)
17.8
1763
2000
34.2
28.1
21.0
5.3
4.4
18.9%
21.1%
13.2
11.7
ULTJ UNVR
BUY BUY
0.2 5.4
4600 39950
0.0 (0.1)
(3.62)
0.2 (0.7)
16.6 8.0
5400 43996
5300 45200
15.2 13.1
21.1 47.7
17.3 42.7
3.9 56.7
3.3 49.8
18.7% 18.9% 118.9% 116.6%
13.3 33.3
11.4 30.5
SIDO AISA Average
BUY BUY
0.1 0.1
545 1970
(0.9) (1.5)
(1.50)
0.0 (0.8)
(0.9) 62.8
640 2427
700 2240
28.4 13.7
17.0 15.8 27.1
15.1 12.1 23.3
3.0 1.7 11.9
2.9 1.5 10.4
17.7% 10.7% 32.5%
18.9% 12.2% 32.8%
7.7 14.1 17.0
6.2 12.8 14.8
BUY
8.1
3960
(1.0)
(0.50)
4.2
5.3
4255
4390
10.9
38.9
34.8
12.9
11.8
33.3%
33.8%
27.9
25.2
BUY
2.2
64425
(1.7)
(3.77)
2.1
17.1
77849
77150
19.8
18.9 28.9
18.2 26.5
2.9 7.9
2.6 7.2
15.2% 24.2%
14.1% 24.0%
12.3 20.1
11.3 18.3
Cigarette HMSP GGRM Average
Healthcare MIKA HOLD SILO Average
0.6
2500
(0.4)
(1.57)
(9.4)
4.2
3109
2950
18.0
54.6
48.0
10.1
9.2
18.5%
19.1%
29.3
26.4
BUY
0.2
9975
(0.5)
(2.68)
0.4
3.4
11149
12500
25.3
133.0 93.8
104.8 76.4
5.4 7.8
4.9 7.0
4.1% 11.3%
4.7% 11.9%
19.6 24.5
16.0 21.2
Retail MAPI
BUY
0.1
5075
0.5
(1.46)
5.7
33.7
5617
6700
32.0
44.9
26.4
2.6
2.4
5.8%
9.0%
8.6
6.9
RALS
BUY
0.1
1145
(0.9)
(4.18)
(7.7)
77.5
1465
1500
31.0
20.8
17.6
2.3
2.1
11.0%
12.1%
16.6
15.6
ACES LPPF
BUY BUY
0.3 0.8
845 14800
(2.9) 2.1
(3.90)
(0.6) (2.6)
2.4 (15.9)
980 20287
1000 21300
18.3 43.9
23.5 20.3
21.7 17.9
5.0 19.8
4.5 12.8
21.2% 97.7%
20.7% 71.2%
16.2 13.4
14.3 12.0
27.4
20.9
7.4
5.4
33.9%
28.3%
13.7
12.2
Average Telco EXCL ISAT
HOLD BUY
0.4 0.6
2300 6000
(0.4) (2.4)
(3.36) (4.38)
(1.7) (4.0)
(36.1) 9.1
3173 7661
2200 7200
-4.3 20.0
287.5 40.3
39.7 18.5
1.1 2.4
1.1 2.2
0.4% 6.0%
2.8% 11.7%
5.2 4.0
4.5 3.6
TLKM
BUY
6.9
3850
0.8
(2.78)
TOWR
BUY
0.6
3600
0.0
-
(3.0)
24.6
4692
5000
29.9
19.6
16.0
4.4
3.9
22.3%
24.0%
7.5
6.9
(3.0)
(24.2)
4838
4500
25.0
11.8
10.5
3.4
2.6
28.8%
24.5%
8.6
7.9
89.8
21.2
2.8
2.4
0.1
0.2
6.3
5.7
Average Auto and HE ASII BUY
5.5
7650
1.0
(2.24)
(2.5)
27.5
8721
9000
17.6
16.8
13.8
2.8
2.4
16.7%
17.2%
14.3
13.8
BUY
1.4
21550
(1.9)
(5.48)
1.2
27.1
24056
25050
16.2
18.6 17.7
15.6 14.7
2.0 2.4
1.9 2.1
10.7% 13.7%
11.9% 14.6%
5.2 9.7
4.5 9.2
BUY
0.2
364
1.1
(3.19)
9.6
17.8
395
445
22.3
19.2
14.0
0.7
1.0
3.8%
7.1%
1.1
3.3
BUY HOLD
0.6 0.5
1750 575
(0.6) (2.5)
(3.58) (4.1) (10.85) (16.1)
(2.8) 15.9
2369 726
2350 710
34.3 23.5
13.7 20.6
11.1 19.1
1.5 3.5
1.3 3.0
11.1% 16.8%
11.8% 15.8%
10.1 8.2
8.8 7.1
KPIG
BUY
0.2
1375
4.6
(8.03) 12.7
(2.5)
n/a
1810
31.6
32.0
27.0
1.1
1.1
3.5%
4.1%
n/a
n/a
ASRI
HOLD
0.1
366
0.0
(6.15)
(5.2)
6.7
436
390
6.6
11.4
10.8
1.0
0.9
9.0%
8.8%
5.8
5.0
SMRA Average
BUY
0.4
1400
0.4
(5.41)
3.7
(15.2)
1711
1750
25.0
30.8 19.1
28.9 17.5
2.6 2.2
2.4 1.9
8.5% 11.4%
8.4% 11.2%
9.5 8.4
8.6 7.4
Construction PTPP BUY ADHI BUY
0.4 0.1
3900 2130
0.5 0.9
(1.76) (2.29)
1.1 7.0
5.9 (0.5)
5034 2594
5100 2750
30.8 29.1
23.9 16.0
20.5 13.2
3.3 1.4
3.0 1.3
13.9% 8.9%
14.4% 9.5%
12.1 6.0
10.6 5.3
0.6 0.4
2480 2500
0.0 0.0
(3.50) (0.40)
6.9 5.9
48.5 2.3
3278 3043
3250 3000
31.0 20.0
19.3 21.7
15.7 18.4
1.8 2.4
1.6 2.1
9.2% 11.2%
9.9% 11.4%
21.4 13.1
18.2 11.3
20.2
17.0
2.2
2.0
10.8%
11.3%
13.1
11.4
UNTR Average Aviation GIAA Property BSDE PWON
WSKT WIKA
BUY BUY
Average Cement INTP SMGR
SELL HOLD
1.1 1.0
16300 9250
(0.5) 0.8
0.31 (0.54)
9.4 9.8
(27.0) (18.9)
16151 10350
13500 9000
-17.2 -2.7
14.6 14.1
14.2 13.6
2.3 1.9
2.1 1.8
15.6% 13.7%
14.4% 12.9%
7.7 5.6
6.5 4.6
SMCB SMBR Average
SELL HOLD
0.1 0.5
905 2640
(1.1) 0.8
(6.70) 0.6 (0.75) 10.0
(9.0) 807.2
920 382
700 2300
-22.7 -12.9
-90.5 80.0 4.5
-37.7 69.5 14.9
0.8 7.9 3.2
0.9 6.9 2.9
-0.9% 9.9% 0.1
-2.3% 10.0% 0.1
10.0 54.7 19.5
8.1 49.2 17.1
Precast WSBP
BUY
0.3
570
0.9
(3.39)
0.0
NA
693
690
21.1
28.1
22.4
2.4
2.1
8.4%
9.6%
22.7
17.7
WTON
BUY
0.1
860
(0.6)
-
4.9
4.2
1094
1150
33.7
26.7
20.3
2.7
2.2
10.2%
10.9%
19.4
15.2
27.4
21.4
2.6
2.2
9.3%
10.2%
21.1
16.5
Average
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Ticker
Rec.
JCI Wgt Last price 1D Chg 5D Chg 1M Chg YTD Chg TP Cons (%) (Rp) (%) (%) (%) (%) (Rp)
Utility PGAS BUY JSMR BUY Average Coal and Metal ANTM BUY INCO BUY TINS BUY ITMG BUY ADRO BUY PTBA BUY Average Plantation AALI BUY LSIP BUY SIMP BUY Average Poultry BUY CPIN BUY JPFA BUY MAIN Average Other Sectors BUY AKRA BUY DOID
Upside (%)
PE
PBV
ROE
EV/EBITDA (x)
16E
17E
16E
17E
16E
17E
16E
17E
1.2 0.6
2750 4490
0.7 (0.4)
(3.17) 15.1 2.98 5.4
0.2 (13.9)
3058 5812
3375 5000
22.7 11.4
11.8 17.1 14.5
9.8 16.9 13.4
1.5 2.6 2.0
1.3 2.4 1.8
12.3% 15.3% 13.8%
13.5% 13.9% 13.7%
7.7 10.8 9.2
6.7 10.4 8.6
0.4 0.6 0.2 0.3 1.0 0.5
885 3220 1170 17425 1695 12550
0.0 (0.6) (0.8) 1.2 2.1 0.4
(6.35) (2.72) (5.65) 5.29 0.89 (1.18)
(1.7) 3.5 11.4 18.3 13.0 12.8
181.8 96.9 131.7 204.4 229.1 177.3
820 2811 1153 18207 1828 14121
990 3500 1200 19000 2100 15000
11.9 8.7 2.6 9.0 23.9 19.5
442.5 247.7 117.0 14.7 15.1 21.0 143.0
126.4 35.0 55.7 7.5 12.8 12.9 41.7
1.1 1.3 1.6 1.7 1.1 3.0 1.6
1.1 1.3 1.6 1.5 1.1 2.6 1.5
0.3% 0.5% 1.4% 11.3% 7.6% 14.1% 5.9%
0.9% 3.7% 2.9% 19.6% 8.5% 19.9% 9.2%
36.1 16.4 8.7 6.5 9.9 15.8 15.6
28.7 10.6 7.6 7.2 8.7 9.8 12.1
0.6 0.2 0.1
17300 1815 505
0.6 0.3 1.0
(0.86) 13.8 3.71 13.4 2.6
14.5 37.5 52.1
17584 1773 558
19800 2050 600
14.5 12.9 18.8
20.0 25.6 18.0 21.2
19.0 16.4 11.5 15.6
2.1 1.6 0.6 1.4
2.0 1.5 0.6 1.4
10.7% 6.3% 3.1% 6.7%
10.7% 9.1% 4.9% 8.2%
14.9 7.6 6.0 9.5
13.5 6.2 5.6 8.4
0.9 0.3 0.0
3220 1675 1245
(0.9) (0.6) 0.0
1.90 (3.6) 1.52 (4.3) (3.86) (6.0)
23.8 163.8 (18.4)
3734 2326 1989
4500 2200 1730
39.8 31.3 39.0
15.2 10.1 7.3 10.9
13.6 9.2 6.7 9.8
2.0 2.1 1.2 1.7
1.7 1.7 1.0 1.5
13.0% 20.7% 16.3% 16.7%
12.8% 18.7% 15.6% 15.7%
12.5 9.0 10.3 10.6
11.4 11.7 8.5 10.5
0.4 0.1
6150.0 535.0
0.8 0.0
-3.9 0.9
-14.3 890.7
7400.0 na
7600 850
23.6 58.9
22.0 9.6 15.8
19.6 5.0 12.3
3.6 2.7 3.2
3.2 1.8 2.5
16.2% 28.7% 22.5%
16.3% 35.9% 26.1%
14.5 4.5 9.5
11.7 4.1 7.9
Average Source: SSI Research, Bloomberg Note: GIAA, PGAS, ITMG, ADRO, INCO, DOID report in USD.
www.samuel.co.id
TP SSI (Rp)
-11.8 18.9
Page 5 of 7
Regional Indices
1D Change Points
Last Price
Change (%)
1 Year
1D
3D
1W
1M
3M
YTD
1YR
High
Low
World U.S. (S&P)
0.23 (3.96)
1,755 2,258
0.01 (0.18)
(0.51) (0.60)
(0.31) (0.06)
3.38 3.49
3.03 5.56
5.53 10.48
7.41 12.59
1,776 2,278
1,460 1,810
U.S. (DOW) Europe
(8.83) 9.50
19,843 3,259
(0.04) 0.29
(0.34) 0.70
0.44 1.93
5.17 7.89
9.51 9.80
13.88 (0.25)
15.85 (0.05)
19,966 3,314
15,451 2,673
Emerging Market
(2.25)
856
(0.26)
(2.37)
(2.44)
1.41
(4.60)
7.84
8.44
930
687
FTSE 100 CAC 40
12.63 14.04
7,012 4,833
0.18 0.29
0.62 0.61
0.83 1.45
3.48 7.30
2.91 9.99
12.32 4.23
n/a 4.50
7,130 4,857
5,500 3,892
Dax
37.61
11,404
0.33
1.06
1.79
6.93
9.93
6.15
7.50
11,452
8,699
Indonesia
(22.71)
5,232
(0.43)
(1.17)
(1.36)
1.19
(1.69)
13.90
17.07
5,492
4,409
Japan
(30.93)
19,370
(0.16)
0.61
1.12
7.81
17.26
1.77
2.02
19,869
14,864
Australia
31.57
5,565
0.57
(0.36)
0.03
3.83
5.09
5.07
8.97
5,611
4,707
Korea
(4.03)
2,038
(0.20)
0.07
0.54
3.22
1.11
3.92
3.18
2,074
1,818
Singapore Malaysia
7.09 0.80
2,938 1,638
0.24 0.05
(0.59) (0.46)
(0.62) (0.36)
3.49 0.86
3.01 (0.84)
1.91 (3.23)
2.98 (0.37)
2,981 1,729
2,528 1,601
Hong Kong
(38.65)
22,021
(0.18)
(1.90)
(3.25)
(1.45)
(6.50)
0.49
1.22
24,364
18,279
China Taiwan
5.30 (33.57)
3,123 9,327
0.17 (0.36)
(1.02) (0.59)
(3.40) (0.70)
(2.19) 3.53
3.20 1.90
(11.76) 11.86
(12.74) 12.95
3,685 9,430
2,638 7,628
Thailand Philipines
2.86 (4.60)
1,523 6,851
0.19 (0.07)
(0.50) (0.44)
(0.19) (2.73)
3.30 (3.07)
2.00 (9.57)
18.21 (1.46)
18.49 (0.24)
1,558 8,118
1,221 6,084
Monetary Indicators
1D Change Points
Last Price
1W
1M
3M
YTD
1YR
High
Low
JIBOR Overnight (%)
0.00
4.20
0.58
13.22
(0.46)
(44.68)
(28.21)
8.26
4.20
Foreign Reserve (US$bn)
n/a
111.47
n/a
(3.10)
(1.83)
5.23
11.20
115.67
102.13
Inflation Rate (%)
n/a
0.47
n/a
235.71
2450.00
(51.04)
123.81
0.96
(0.45)
US Fed Rate (%) 0.00 Indo Govt Bond Yld (10yr) - % 0.01
0.75 7.98
50.00 4.22
50.00 3.11
50.00 13.78
50.00 (8.70)
50.00 (10.63)
0.75 8.86
0.50 6.77
Exchange Rate (per US$) 1D Change Currency
Points
Indonesia Japan
(5.00) (0.30)
UK Euro China Commodities Indicators
Last Price
Change (%)
1 Year
Change (%)
1 Year
1D
3D
1W
1M
3M
YTD
1YR
High
Low
13393 117.63
0.04 0.26
(0.63) (0.50)
(0.49) (2.22)
(0.11) (5.79)
2.95 2.20
2.95 2.20
5.08 3.03
13,985 121.69
12,920 99.02
0.00
1.25
0.01
(0.53)
(1.44)
0.02
(15.19)
(15.19)
(16.04)
1.50
1.18
0.00
1.05
0.12
(0.68)
(1.61)
(1.56)
(3.66)
(3.66)
(4.13)
1.16
1.04
0.01
6.96
(0.21)
(0.84)
(0.77)
(1.17)
(6.72)
(6.72)
(7.02)
6.96
6.45
52.06
1D 0.31
3D 2.00
1W (1.46)
1M 13.94
3M 20.23
YTD 40.55
1YR 49.90
High 54.51
Low 26.05
1D Change
Last Price
Change (%)
1 Year
Spot Oil
Points 0.16
CPO
0.00
3,161.00
0.00
2.93
2.40
10.72
23.24
27.20
31.54
3,202.00
2,172.00
Rubber Coal
1.50 1.10
953.00 84.75
0.16 1.32
8.79 3.92
8.79 6.27
19.80 (5.31)
42.45 17.87
76.65 67.49
60.03 60.82
953.00 112.25
506.50 51.75
Iron Ore
(1.02)
81.46
(1.24)
(2.68)
0.41
4.12
48.11
87.70
114.93
83.70
39.50
Tin
(48.00)
21,312.00
(0.22)
(0.64)
1.17
6.29
11.63
46.06
45.65
21,945.00
13,223.80
Nickel
(130.00)
11,170.00
(1.15)
(1.93)
(2.62)
(1.41)
14.86
26.64
27.66
12,145.00
7,550.00
Copper Gold
(96.50) 1.40
5,635.50 1,137.30
(1.68) 0.12
(0.96) (2.16)
(3.27) (2.35)
3.73 (5.91)
17.70 (13.43)
19.78 7.26
22.27 6.79
6,045.50 1,377.50
4,318.00 1,058.50
Source: SSI Research, Bloomberg
www.samuel.co.id
Page 6 of 7
Research Team Andy Ferdinand, CFA
[email protected]
+6221 2854 8148
Rangga Cipta
Head Of Equity Research,Strategy, Banking, Consumer Economist
[email protected]
+6221 2854 8396
Muhamad Makky Dandytra, CFTe
Technical Analyst
[email protected]
+6221 2854 8382
Akhmad Nurcahyadi, CSA
[email protected]
+6221 2854 8144
Arandi Ariantara
Auto, Aviation, Cigarette, Construction Healthcare, Heavy Equipment, Property Cement, Telecommunication, Utility
[email protected]
+6221 2854 8392
Marlene Tanumihardja
Poultry, Retail, Small Caps
[email protected]
+6221 2854 8387
Sharlita Lutfiah Malik
Mining, Plantation
[email protected]
+6221 2854 8339
Adde Chandra Kurniawan
Research Associate
[email protected]
+6221 2854 8338
[email protected]
+6221 2854 8380
Muhamad Alfatih CSA, CTA, CFTe
Head of PWM / Head of Institutional Marketing Senior Technical Portfolio Advisor
[email protected]
+6221 2854 8129
Ronny Ardianto
Institutional Equity Sales
[email protected]
+6221 2854 8399
Clarice Wijana
Institutional Equity Sales
[email protected]
+6221 2854 8395
Wahyudi Budiono
Dealer
[email protected]
+6221 2854 8152
Kelvin Siwah Long
Head of Equities
[email protected]
+6221 2854 8150
Yulianah
Institutional Equity Sales
[email protected]
+6221 2854 8146
Indra S. Affandi
Institutional Equity Sales
[email protected]
+6221 2854 8334
Lucia Irawati
Head of Retail Equity Sales
[email protected]
+6221 2854 8173
Ferry Khusaeri
Equity Sales
[email protected]
+6221 2854 8304
Iwan Setiadi
Equity Sales
[email protected]
+6221 2854 8313
Lia Chaterina
Equity Sales
[email protected]
+6221 2854 8315
Amelia Sintama
Equity Sales
[email protected]
+6221 2854 8308
Salt World Widjaja
Equity Sales
[email protected]
+6221 2854 8163
Jovita Widjaja
Equity Sales
[email protected]
+6221 2854 8314
James Wihardja
Equity Sales
[email protected]
+6221 2854 8397
Joseph Soegandhi
Equity Sales
[email protected]
+6221 2854 8872
Dian Anggraeni
Equity Sales
[email protected]
+6221 2854 8301
Sylviawati
Equity Sales
[email protected]
+6221 2854 8112
Verawati Gunawan
Equity Sales
[email protected]
+6221 2854 8312
Cenni Liawisusi
Equity Sales
[email protected]
+6221 2854 8303
Frans Ferdiansah
Equity Sales
[email protected]
+6221 2854 8337
Muhamad Faisyal
Dealer
[email protected]
+6221 2854 8155
Wulan Budi Setyowati
Dealer
[email protected]
+6221 2854 8369
Bismar Ferryaman
Dealer
[email protected]
+6221 2854 8368
Nugroho Nuswantoro
Head Of Marketing OLT
[email protected]
+6221 2854 8372
Wahyu Widodo
Marketing
[email protected]
+6221 2854 8371
Rina Lestari
Customer Service
[email protected]
+6221 2854 8180
Martha Lamtiurma Tampubolon
Customer Service
[email protected]
+6221 2854 8182
Mohamad Andhika Prasetia
Customer Service
[email protected]
+6221 2854 8183
Private Wealth Management Evelyn Satyono
Equity Sales Team
Online Trading Sales Team
DISCLAIMERS : Analyst Certification : The views expressed in this research accurately reflect the personal views of the analyst(s) about the subject securities or issuers and no part of the compensation of the analyst(s) was, is, or will be directly or indirectly related to the inclusion of specific recommendations or views in this research. The analyst(s) principally responsible for the preparation of this research has taken reasonable care to achieve and maintain independence and objectivity in making any recommendations. This document is for information only and for the use of the recipient. It is not to be reproduced or copied or made available to others. Under no circumstances is it to be considered as an offer to sell or solicitation to buy any security. Any recommendation contained in this report may not be suitable for all investors. Moreover, although the information contained herein has been obtained from sources believed to be reliable, its accuracy, completeness and reliability cannot be guaranteed. All rights reserved by PT Samuel Sekuritas Indonesia.
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Page 7 of 7
