L A P O R A N H A R I A N RESEARCH PERKIRAAN PASAR HARI INI. Kamis, 05 November Indeks Berpeluang Melanjutkan Penguatan

Kamis, 05 November 2015

LAPORAN HARIAN RESEARCH Penutupan Americas INDU Index 17,867.58 SPX Index 2,102.31 CCMP Index 5,142.48 IBOV Index 47,710.10 EMEA UKX Index 6,412.88 CAC Index 4,948.29 RTSSTD Index 11,688.36 IBEX Index 10,473.50 FTSEMIB Index 22,312.63 AEX Index 468.84 SMI Index 8,951.76 Asia / Pacific NKY Index 19,024.34 HSI Index 23,053.57 SHCOMP Index 3,459.64 TWSE Index 8,857.02 KOSPI Index 2,047.54 JCI Index 4,612.57 SET Index 1,423.42 PCOMP Index 7,201.02 SENSEX Index 26,552.92 FSSTI Index 3,040.48 Deskripsi Kapitalisasi Pasar (IDR Triliun) Volume Transaksi (Juta Saham) Nilai Transaksi (IDR Juta) Nilai/ saham (IDR) Net Asing (IDR Juta) Komoditas Nikel/Nickel (US$/Ton) Tembaga/Copper (US$/Ton) Timah/Tins (US$/Ton) Minyak/Oil (US$/BBL) (*) Gas (US$/MMBTU) Batu Bara/Coal (US$/Ton) (**) Emas/Gold (USD/OZ) CPO PALMROTT(USD/ton) CPO MALAYSIA(RM/ton) (*) WTI Cushing (**) McCloskey Newscatle ADR Stocks Saham Telkom

Bloomberg Code Kode TLK US

Perubahan

%Prb

%Ytd

P/E

-50.57 -7.48 -2.647 -343.57

-0.28 -0.35 -0.05 -0.71

0.25 2.11 8.58 (4.59)

16.01 18.78 29.99 31.13

29.27 12.11 215.22 8.3 -146.82 1.99 16.26

0.46 0.25 1.88 0.08 -0.65 0.43 0.18

(2.33) 15.81 25.70 1.89 17.36 10.45 (0.35)

26.12 22.59 7.94 18.87 3.88 24.52 18.13

97.43 485.14 142.945 143.83 -5.23 79.479 10.8 -9.71 -37.67 40.92 Terakhir 4,867.17 3,480.00 4,636.00 1,332.18 267,010.00

0.51 2.15 4.31 1.65 -0.25 1.75 0.76 -0.13 -0.14 1.36

9.02 (2.34) 6.95 (4.84) 6.89 (11.75) (4.96) (0.41) (3.44) (9.65) Sebelumnya 4,778.29 3,424.69 4,548.52 1,328.15 (170,222.75)

19.80 9.97 18.12 13.54 16.89 25.47 16.33 20.44 20.68 14.04 %Prb 1.86 1.61 1.92 0.30 -256.86

Sebelumnya 9,900.00 5,125.00 14,850.00 47.90 2.16 52.75 1,107.90 615.00 2,155.00

%Prb -0.40 0.18 0.17 -3.30 -0.63 -0.85 0.06 2.44 -1.65

Terakhir 9,860.00 5,134.00 14,875.00 46.32 2.15 52.30 1,108.55 630.00 2,119.50

Terakhir (US$) Last (US$) 40.04

% Prb %Change -0.72

Konversi (Rp) Conv (Rp) 13,636.58

PERKIRAAN PASAR HARI INI Indeks Berpeluang Melanjutkan Penguatan Bursa Amerika ditutup melemah pada perdagangan Kamis (4/11) kemarin, dengan DJIA mencatatkan pelemahan 0,28% ke level 17.867, disusul S&P500 (-0,35%) dan NASDAQ (0,05%). Saham-saham berbasis energi mendorong pelemahan bursa Amerika. Fed kembali menyatakan kemungkinan akan kenaikan Fed Fund Rate pada bulan Desember setelah melihat membaiknya data ekonomi, namun akan terus memperhatikan tingkat inflasi, pengluaran rumah tangga, dan tingkat investasi bisnis. Pada Jumat nanti, Amerika akan merilis data non-farm payroll. Di pasar komoditas, harga minyak dunia menyentuh USD 46,55/bbl (+0,5%). Sedangkan bursa Eropa ditutup bervariasi, dengan CAC40 Perancis ditutup menguat, namun diikuti pelemahan DAX Jerman (-0,97%) ke level 10.845 akibat skandal VW yang memberikan sentimen negatif terhadap emiten ini. ECB mengumumkan akan meninjau kembali paket stimulus moneter pada rapat Desember nanti. Bursa di regional Asia mencatatkan peningkatan yang tajam pada perdagangan kemarin, seperti NIKKEI Jepang (+1,3%), Hang Seng Hong Kong (+2,15%), dan CSI300 Cina (+4,7%). Penguatan ini disusul respon positif dari IPO Japan Post serta pengumumam paket kebijakan ekonomi di Cina. IHSG ditutup menguat 1,75% ke level 4.612 seiring dengan bursa regional yang ikut menguat. . Asing mencatatkan net buy sebesar Rp 267,01 miliar. Penguatan terbesar terjadi pada sektor industri & kimia dasar (+2,9%), finansial (+2,32%), dan konsumsi (+2,21%). Sedangkan nilai tukar Rupiah ditutup menguat 0,11% ke level Rp 13.548/USD. Indeks masih akan berpeluang melanjutkan penguatan, seiring antisipasi paket kebijakan VI yang akan diumumkan pemerintah hari ini, di mana akan berfokus pada pengelolaan kawasan ekonomi khusus, pengelolaan air, dan izin BOPM. Analyst: Richard Jerry ([email protected])

Terakhir (Rp) Last (Rp) 2,730.00

Daily Report dapat dilihat di website BNI Securities : www.bnisecurities.co.id


LAPORAN HARIAN RESEARCH

RINGKASAN BERITA 

PT Bakrie Sumatera Plantations Tbk (UNSP), emiten perkebunan sawit dan karet dengan kapitalisasi pasar Rp 686 miliar, sepanjang periode Januari-September 2015 membukukan penjualan sebesar Rp 1,59 triliun yang ditopang oleh komoditas sawit dan komoditas karet. Kedua komoditas tersebut mencatat nilai penjualan masing-masing sebesar Rp 1,2 triliun dan Rp 4 miliar.



PT Bursa Efek Indonesia (BEI), menyatakan bahwa emiten PT Sekawan Inti Pratama Tbk (SIAP) bisa mengarah ke dalam kategori delisting. Ini dilakukan karena SIAP telah melakukan transaksi yang tidak wajar beberapa waktu lalu.



PT

Kresna

Graha

Investama

Tbk

(KREN)

melalui

anak

perusahaannya PT Digital Artha Media (DAM) selaku provider sistem pembayaran mandiri e-Cash mendukung langkah Bank Mandiri yang menggandeng Indomaret untuk memperluas layanan keuangan digital menggunakan e-cash. Melalui kerjasama ini, Indomaret akan menjadi agen Bank Mandiri yang dapat memberikan layanan keuangan berupa penerimaan transaksi setor tunai, tarik tunai dan belanja dengan mandiri e-cash. 

PT Eagle High Plantations Tbk (BWPT) siap untuk melunasi pokok obligasi I Tahun 2010 dan membayar kupon bunganya yang ke-20.



PT Bank Mega Tbk (MEGA) pada 2 November 2015 telah melakukan transaksi afiliasi dengan PT Mega Capital Indonesia (MCI) dalam hal perjanjian sewa menyewa ruangan bangunan kantor.



Hingga akhir periode akhir kuartal III 2015 PT Jaya Real Property Tbk (JRPT) berhasil membukukan kenaikan laba dibanding dengan pencapaian di periode yang sama tahun 2014.



PT Siwani Makmur Tbk (SIMA) meraih kenaikan penjualan bersih per September 2015 menjadi Rp13,12 miliar dibandingkan penjualan bersih tahun sebelumnya yang Rp8,71 miliar.



PT Nusantara Infrastructure Tbk (META), menyiapkan dana

No 1 2 3 4 5

Stock BBRI IJ ASII IJ BMRI IJ BBCA IJ TLKM IJ

Top Value (IDR) 329,795,100,000 267,636,800,000 236,596,100,000 221,355,400,000 170,438,500,000

No 1 2 3 4 5

Stock ANTM IJ KIJA IJ ASRI IJ BIPI IJ MYRX IJ

Top Volume (Shares) 190,537,000.00 171,766,200.00 152,716,100.00 149,861,600.00 117,171,300.00

No 1 2 3 4 5

Top Gainers TKIM IJ INKP IJ PLIN IJ BISI IJ LPIN IJ

% change 23.2 21.21 21.06 15.83 14.83

No 1 2 3 4 5

Top Losers INDR IJ INDS IJ PGLI IJ INDX IJ KDSI IJ

% change -10 -10 -10 -9.91 -9.85

No Leading Movers 1 ASII IJ 2 TLKM IJ 3 INDF IJ 4 TOWR IJ 5 PLIN IJ

% change 5.93 2.24 5.43 5.53 21.06

No Lagging Movers 1 BBRI IJ 2 BMRI IJ 3 BBCA IJ 4 AMRT IJ 5 KLBF IJ

% change -2.38 -1.72 -0.97 -9.84 -2.80

investasi untuk tahun 2016, sekitar Rp800 miliar sampai 1 triliun. Rencananya, dana ini akan digunakan untuk menambah kepemilikan tower perseroan. 

14,990 5,000

12,310

4,500

9,630

4,000

6,950

3,500

4,270

Sampai dengan akhir kuartal III (Q3) tahun ini PT Zebra Nusantara Tbk (ZBRA) masih mencatat adanya kerugian kendati pendapatan usaha perseroan mengalami peningkatan sepanjang periode tersebut. (Sumber : IQplus, Kontan, Indonesia Finance Today)


3,000 1-Jan

1,590 11-Mar

20-May

29-Jul

7-Oct

Volume (RHS) (Bn Shares)

JCI (LHS)

16-Dec


LAPORAN HARIAN RESEARCH TARGET HARGA SAHAM Market Capitalization (Bn)

EPS Growth PER 1 Year FY15F

PBV FY15F

PEG DER (x) ROE (%) Ratio

Total Return 1 Year (Current)

% of Free Float Shares

Rec 2015

TP (Rp/share) 2015

Banking BBCA IJ Equity BBNI IJ Equity BBRI IJ Equity BMRI IJ Equity BBTN IJ Equity Average

330,377 102,568 255,943 233,333 12,839 187,012

15.62 19.05 1.30 9.16 27.60 14.55

15.02 8.10 13.50 9.43 8.90 10.99

4.20 1.79 2.20 2.41 0.90 2.30

1.43 0.45 0.59 0.65 0.30 0.68

0.08 0.10 0.12 0.07 0.09 0.09

17.00 24.00 23.10 22.20 11.10 19.48

0.84 -21.08 -1.92 -14.33 -9.50 -9.20

50.84 39.82 43.25 40.00 38.92

BUY NOT RATED BUY UNDER REVIEW BUY

15,800 13,500 1,200

Cement INTP IJ Equity SMGR IJ Equity SMBR IJ Equity SMCB IJ Equity Average

77,214 68,657 3,030 11,494 40,099

5.20 3.60 -10.35 -29.98 -7.88

16.29 16.12 13.76 29.07 18.81

3.25 3.42 0.87 2.18 2.43

-19.59 -19.58 -1.61 5.30 -8.87

0.01 0.16 0.01 0.62 0.20

19.98 21.21 6.30 7.50 13.75

-10.20 -24.98 -18.55 -42.85 -24.15

35.97 48.99 23.76 19.36

HOLD HOLD HOLD HOLD

17,400 10,850 334 1,020

Telecommunication TLKM IJ Equity ISAT IJ Equity Average

294,336 21,736 158,036

1.63 28.57 15.10

9.24 23.70 16.47

3.81 1.40 2.61

0.88 1.07 0.98

0.10 1.50 0.80

16.20 6.30 11.25

13.90 9.44 11.67

48.81 20.71

BUY BUY

3,300 4,500

Transportation GIAA IJ Equity TAXI IJ Equity SOCI IJ Equity WINS IJ Equity Average

11,331 2,189 3,882 1,300 4,675

-3594.00 -10.82 -25.18 -1210.00

10.28 15.12 6.81 6.95 11.69

0.80 2.16 1.15 0.58 1.44

-0.09 1.09 0.15 0.54 0.38

0.91 1.57 0.71 0.48 1.05

7.82 14.28 16.90 8.28 12.93

0.23 -13.81 -74.21 -29.26

13.53 49.00 15.00 42.44

BUY BUY BUY UNDER REVIEW

600 925 825 -

Automotive ASII IJ Equity IMAS IJ Equity Average

274,276 9,637 141,957

-1.17 -127.70 -64.44

14.86 42.83 28.84

2.73 1.32 2.02

-25.96 -0.09 -13.03

0.73 2.33 1.53

18.40 6.06 12.23

-5.12 -27.86 -16.49

49.85 10.46

HOLD HOLD

6,580 3,500

PBV FY15F

PEG Ratio



Rec 2015

TP (Rp/share) 2015

Market Capitalization (Bn)


DER (x) ROE (%)

Construction WIKA IJ Equity ADHI IJ Equity PTPP IJ Equity WSKT IJ Equity TOTL IJ Equity WTON IJ Equity Average

18,263 4,170 18,813 24,346 3,001 9,543 13,023

7.81 -20.17 26.44 35.86 -15.76 6.84

23.90 10.77 24.56 35.06 15.56 25.05 22.48

3.79 1.98 6.19 5.86 3.23 3.90 4.16

1.51 0.74 0.72 1.20 0.99 3.12 1.38

0.76 1.16 1.01 1.11 0.00 0.09 0.69

15.85 18.41 25.23 16.72 20.73 15.55 18.75

23.25 -25.72 94.09 139.91 15.70 39.44 47.78

34.87 49.00 49.00 48.48 33.68 27.80

HOLD BUY BUY BUY BUY BUY

3,180 2,550 4,090 2,050 840 1,090

Infrastructure PGAS IJ Equity JSMR IJ Equity Average

102,542 40,460 71,501

-25.00 36.56 5.78

12.48 23.10 17.79

2.54 3.49 3.02

-0.98 1.25 0.13

0.68 1.35 1.02

20.35 15.11 17.73

-20.47 -0.23 -10.35

43.03 29.99

HOLD BUY

3,000 6,500

Oil & Gas MEDC IJ Equity ELSA IJ Equity RUIS IJ Equity ENRG IJ Equity Average

8,248 3,474 177 3,214 3,778

-17.63 72.15 88.12 -78.83 15.95

90.22 17.48 5.17 8.44 0.77

0.78 1.37 0.66 0.46 371.08

-5.12 0.24 0.06 -0.11 -0.11

1.20 0.48 2.52 1.09 1.47

0.87 8.09 13.50 5.51 12.87

-28.86 -13.05 16.81 -25.00 -12.53

49.00 41.08 32.26 93.46

HOLD Not Rated Not Rated HOLD

2,525

Property ASRI IJ Equity APLN IJ Equity BKSL IJ Equity BSDE IJ Equity CTRA IJ Equity CTRP IJ Equity CTRS IJ Equity BEST IJ Equity SSIA IJ Equity MDLN IJ Equity PWON IJ Equity LPKR IJ Equity SMRA IJ Equity KIJA IJ Equity Average

11,200 7,442 2,951 32,623 19,109 3,444 5,007 4,206 4,352 6,392 20,083 27,462 25,319 5,281 12,491

25.17 0.41 -91.53 37.37 35.09 -6.69 30.80 -47.84 -39.69 -70.99 122.07 107.38 26.86 297.85 30.45

7.92 7.65 12.14 12.83 14.19 6.57 9.20 8.18 9.68 9.27 10.11 15.10 18.15 7.10 10.58

1.59 1.06 0.53 2.11 2.56 0.93 1.83 1.22 1.59 1.20 2.96 1.65 3.97 0.97 1.73

0.33 0.51 0.03 -0.42 1.68 0.18 0.92 0.41 0.61 -4.32 -0.56 -0.44 -3.22 0.08 -0.30

1.08 1.01 0.26 0.28 0.54 0.60 0.15 0.16 0.48 0.68 0.63 0.64 0.80 0.62 0.57

20.06 13.85 4.35 16.41 18.00 14.10 19.90 14.95 16.46 12.90 29.28 10.94 21.90 13.65 16.20

14.41 22.00 -24.61 7.75 15.53 -24.50 14.19 -7.58 23.38 25.73 12.76 17.31 49.92 11.49 11.27

48.30 29.86 67.19 38.06 69.17 43.75 37.34 41.97 68.45 64.04 42.38 100.00 67.69 80.03

BUY HOLD HOLD BUY HOLD HOLD BUY BUY BUY HOLD BUY HOLD BUY BUY

570 395 90 2,260 980 470 3,040 445 1,010 435 520 1,260 1,580 350


120


LAPORAN HARIAN RESEARCH TARGET HARGA SAHAM Market Capitalization (Bn)


PBV FY15F

PEG DER (x) ROE (%) Ratio



Rec 2015

TP (Rp/share) 2015

Agriculture AALI IJ Equity BWPT IJ Equity LSIP IJ Equity SGRO IJ Equity SIMP IJ Equity Average

39,920 12,547 10,746 3,166 9,569 15,189

-60.04 -27.82 -17.83 -49.46 -57.26 -42.48

31.09 2.81 11.40 18.40 20.06 16.75

2.79 0.61 1.13 1.02 0.43 1.20

-0.52 -0.10 -0.64 -0.37 -0.35 -0.40

20.42 2.50 0.17 0.81 0.90 4.96

8.97 21.64 9.92 5.52 2.13 9.64

-3.60 -58.87 -25.96 -24.34 -35.22 -29.60

20.32 29.41 40.52 32.95 21.60

HOLD BUY HOLD HOLD HOLD

20,500 510 1,400 1,770 500

Metal ANTM IJ Equity INCO IJ Equity TINS IJ Equity Average

6,105 25,685 4,916 12,235

-208.20 -56.74 30.97 -77.99

5.53 19.44 4.87 28.44

0.37 0.78 0.70 1.26

-0.03 -0.34 0.16 2.49

0.83 0.28 0.71 0.75

6.61 4.02 14.38 4.91

-43.04 -26.34 -51.05 -40.14

34.99 20.49 35.00

HOLD HOLD HOLD

460 2,050 525

Mining ADRO IJ Equity BUMI IJ Equity HRUM IJ Equity ITMG IJ Equity PTBA IJ Equity Average

21,591 2,161 3,001 13,955 17,511 11,644

-23.80

15.07

0.73

-0.63

0.91

4.86

1,090

45.70 7.61 10.66 19.76

0.54 1.00 1.60 0.97

0.05 -0.16 -0.27 -0.26

0.13 0.49 0.79 0.58

1.18 13.20 14.77 8.50

40.97 62.26 29.27 34.93 29.34

BUY

980.52 -46.60 -39.26 217.71

-39.47 -65.52 -51.96 -48.59 -26.65 -46.44

HOLD HOLD HOLD

890 9,400 6,500

307,108 57,512 70,409 22,784 6,437 5,720 88,027 79,714 Market Capitalization (Bn)

7.28 64.29 17.22 -61.28 4.27 19.35 24.01 10.73 EPS Growth 1 Year

35.74 19.01 31.60 23.89 22.00 48.81 21.58 28.95 PER FY15F

39.20 2.74 5.19 7.18 3.10 7.94 2.98 9.76 PBV FY15F

2.71 0.26 99.40 2.04 0.54 13.63 2.01 0.10 20.60 1.70 1.12 31.00 1.22 0.89 16.61 1.22 0.45 21.50 1.75 0.31 15.80 1.81 0.52 31.22 PEG DER (x) ROE (%) Ratio

33.03 0.24 22.52 -12.57 -17.02 -17.07 -9.82 -0.10 Total Return 1 Year (Current)

15.01 49.92 19.47 66.93 53.76 29.25 23.53

HOLD BUY HOLD BUY BUY BUY HOLD

40,000 7,600 15,800 32,000 3,150 1,450 52,000


Rec 2015

TP (Rp/share) 2015

Pharmaceutical KLBF IJ Equity KAEF IJ Equity Average

77,578 5,665 41,622

7.32 9.35 8.33

32.65 21.16 26.90

8.65 2.82 5.74

1.92 1.09 1.61

0.03 0.02 0.02

26.30 12.40 19.35

-1.64 0.21 -0.72

43.29 9.97

HOLD HOLD

2,000 1,450

Retail RALS IJ Equity MAPI IJ Equity Average

4,825 8,715 6,770

-9.08 -77.21 -43.15

28.32 26.60 66.82

3.10 4.26 3.68

3.04 5.24 4.14

0.00 0.91 0.46

12.29 13.20 14.85

-37.89 7.14 -15.38

40.46 44.00

HOLD HOLD

830 5,370

Healthcare SILO IJ Equity MIKA IJ Equity

16,650 34,920

13.63 -

237.09 64.17

9.95 19.03

3.49 -

0.02 0.00

4.24 30.13

3.08 -

21.15 18.00

BUY BUY

16,400 27,420

Poultry CPIN IJ Equity JPFA IJ Equity MAIN IJ Equity Average

45,586 5,703 2,919 18,070

-30.67 -44.59 -133.25 -69.50

17.60 14.30 19.71 17.20

4.47 1.42 2.93 2.94

1.18 1.07 1.02 1.09

60.28 136.85 174.96 124.03

13.77 1.22 -20.83 -1.95

-26.61 -57.20 -43.02 -42.28

44.47 42.49 44.07

BUY HOLD BUY

2,500 400 2,000

Crops BISI IJ Equity

4,470

29.90

0.00

3.03

0.00

0.00

10.73

187.23

45.92

BUY

1,800

Wholesaler MPMX IJ Equity

2,700

-28.61

6.23

0.45

-0.45

1.11

7.22

-51.68

27.65

BUY

950

Towers TOWR IJ Equity

40,700

70.73

29.60

6.90

0.40

1.60

26.40

-2.33

61.18

BUY

4,500

Consumer UNVR IJ Equity INDF IJ Equity ICBP IJ Equity MYOR IJ Equity AISA IJ Equity ROTI IJ Equity GGRM IJ Equity Average



LAPORAN HARIAN RESEARCH RESEARCH TEAM Research Division : +62 21 25543946 Thendra Crisnanda Fax No. : +62 21 57935831 (Equity Analyst) [email protected] [email protected]

Richard Jerry (Equity Analyst)

Heru Irvansyah (Economist)

[email protected]

[email protected]

ext: 2098 Construction, Property, Infrastructure, Automotive, Cement

ext: 2032 Telecommunication, Tower Infrastructure, Banking

ext: 2030 Macroeconomic and Financial Market

Norico Gaman (Head of Research Division)

Yasmin Soulisa (Equity Analyst)

Dessy Lapagu (Equity Analyst)

R. Venia Allani Meissalina (Research Assistant)

[email protected]

[email protected]

[email protected]

[email protected]

ext: 3934 Investment Strategy

ext: 3987 Plantation, Coal Mining, Metal Mining, Oil & Gas

ext: 2051 Poultry, Crops, Fishing

ext: 2050 Data Administrator

Andri Zakarias Siregar (Technical Analyst)

Ankga Adiwirasta (Equity Analyst)

Thennesia Deboa (Equity Analyst)

Indah Lestari Permata Herlina (Research Assistant)

[email protected]

[email protected] [email protected]

[email protected]

ext: 2054 Market Strategy, Commodities, Currency, Bond & Stocks

ext: 3986 Consumer Goods, Pharmaceutical, Retail, Health Care

ext: 2073 Data Administrator

ext: 2132 Transportation



LAPORAN HARIAN RESEARCH EQUITY TEAM CM Fax No

: +62 21 25543946 : +62 21 57935831

Sukanto

ext. 3997

[email protected]

Equity Division Head

Jufrani Amsal

ext. 3957

[email protected]

Channel Distribution Division Head

Entis Sutisman

ext. 3945

[email protected]

Head of Local Institution Department

Chandrawati

ext. 3941

[email protected]

Head of HO Retail Department

Yulinda

ext. 3950

[email protected]

Institutional Sales

Teguh Hendro

ext. 3948

[email protected]

Institutional Sales

Danovan Yazir

ext. 3929

[email protected]

Institutional Sales

Dharmawan P.

ext. 3916

[email protected]

Institutional Sales

Fachrial Bayu

ext. 3966

[email protected]

Institutional Sales

Jericho Biere

ext. 3932

[email protected]

Institutional Sales

Michelle Robin

ext. 3919

[email protected] Institutional Sales

Dini Desita

ext. 3981

[email protected]

Client Relation

Putri Erinasari

ext. 3920

[email protected]

Client Relation

[email protected]

Client Relation

Anindyah Nurahmah ext. 2140



LAPORAN HARIAN RESEARCH MAIN OFFICE - JAKARTA PT BNI SECURITIES Sudirman Plaza, Indofood Tower 16th Floor, Jl. Jend. Sudirman Kav. 76-78 Jakarta 12910, Indonesia Phone: (62-21) 25543946 (Hunting) Fax: (62-21) 57935831 e-mail: [email protected] (General) Website: http://www.bnisecurities.co.id JAKARTA – PT BNI Securities Sudirman Plaza Indofood Tower Lt.16 Jl. Jend. Sudirman Kav. 76-78 Jakarta 12910 Phone: (62-21) 25543946 Fax: (62-21) 57935831 e-mail: [email protected] JAKARTA - Mangga Dua Pertokoan Mangga Dua Blok E4 No. 7 Jl. Mangga Dua Raya, Jakarta Utara Phone: (62-21) 6123804-5,62203890 Fax: (62-21) 6123806 e-mail: [email protected] JAKARTA - Puri Indah Ruko Puri Kencana Blok K6 - 2K Lt.2 Puri Kembangan, Jakarta Barat Phone: (62-21) 58357464 Fax: (62-21) 58357465 e-mail: [email protected] JAKARTA - Central Park Central Park, Office Tower Podomoro City Jl. Letjen S. Parman Kav 28, Tanjung Duren Selatan, Grogol Petamburan Phone: (62-21) 29034215 Fax: (62-21) 29034216 email: [email protected] BANDUNG Jl. Perintis Kemerdekaan 3 Bandung - 40117 Phone: (62-22) 4213375 Fax: (62-22) 4220604 e-mail: [email protected] YOGYAKARTA Jl. Laksda Adisucipto 137, Yogyakarta - 55282 Phone: (62-274) 581001-584032 Fax: (62-274) 584023 e-mail: [email protected] SOLO Jl. Honggo Wongso No. 24, Surakarta Phone: (62-271) 729667, 730525 Fax: (62-271) 729668 e-mail: [email protected] SURABAYA Jl. Gubernur Suryo No. 36, Surabaya Phone: (62-31) 5320912 Fax: (62-31) 5318425 e-mail: [email protected]

MALANG Jl. Buring No. 58, Malang Phone: (62-341) 321214,321213,321430 Fax: (62-341) 356876 e-mail: [email protected] DENPASAR Komplek Pertokoan Diponegoro Megah Blok A5-6 Lantai 2 Jl. Diponegoro No. 100, Denpasar - Bali Phone: (62-361) 264376, 2753389 Fax: (62-361) 229170 e-mail: [email protected] MEDAN Jl. Pemuda No. 12, Medan - 20151 Phone: (62-61) 4579616 Fax: (62-61) 4579656 e-mail: [email protected] PALEMBANG Jl. Jend. Sudirman 132, Palembang - 30126 Phone: (62-711) 361969 Fax: (62-711) 319663 e-mail: [email protected] PEKANBARU Jl. Riau, No. 124, Lt. 2, Pekanbaru Phone: (62-761) 46757, 839698 Fax: (62-761) 856279 e-mail: [email protected] MANADO BNI KLN Megamas, Lt. 3, Kawasan Mega Mas Blok I C1 Jl. Piere Tendean, No. 20, Manado Phone: (62-431) 847256 Fax: (62-24) 847256 e-mail: [email protected] ACEH Kantor Cabang BNI Banda Aceh Lt.2 Jl. KH. Ahmad Dahlan No. 111, Banda Aceh Phone: (62-651) 31109 Fax: (62-651) 31107 BANJARMASIN Gd. Bank BNI Antasari Lt. 2 Jl. Pangeran Antasari No. 44 RT 008, Banjarmasin Phone: (62-511) 3253735 Fax: (62-651) 3253754 e-mail: [email protected]

Copyright 2009, BNI Securities. All rights reserved. This research report is prepared for the use of BNI Securities clients and may not be redistributed, retransmitted or disclosed, in whole or in part, or in any form or manner, without the express written consent of BNI Securities. BNI Securities research reports are distributed simultaneously to internal and client websites eligible to receive such research prior to any public dissemination by BNI Securities of the research report or information or opinion contained therein. Any unauthorized use or disclosure is prohibited. Receipt and review of this research report constitutes your agreement not to redistribute, retransmit, or disclose to others the contents, opinions, conclusion, or information contained in this report (including any investment recommendations, estimates or price targets) prior to BNI Securities's public disclosure of such information. The information herein (other than disclosure information relating to BNI Securities and its affiliates) was obtained from various sources and we do not guarantee its accuracy. BNI Securities makes no representations or warranties whatsoever as to the data and information provided in any third party referenced website and shall have no liability or responsibility arising out of or in connection with any such referenced website. his document is not intended to be an offer, or a satisfaction of an offer, to buy or sell relevant securities (i.e. securities mentioned herein or of the same issuer and options, warrants or rights to or interest in any such securities). The information and opinions contained in this document have been compiled from or arrived at in good faith from sources believed to be reliable. No representation or warranty, expressed or implied, is made by BNI SEC URITIES or any other member of the BNI Group, including any other member of the BNI Group from whom this document may be received, as to the accuracy or completeness of the information contained herein. All opinions and estimates in this report constitute our judgment as of this date and are subject to change without notice.


L A P O R A N H A R I A N RESEARCH PERKIRAAN PASAR HARI INI. Kamis, 05 November Indeks Berpeluang Melanjutkan Penguatan

Recommend Documents