OSO SECURITIES. OSO Daily 25 Maret 2015 JCI 5, %

OSO SECURITIES

OSO Daily 25 Maret 2015

MEMBER OF INDONESIA STOCK EXCHANGE

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JCI 5,447.64 Previous 5,437.09 Highest 5,457.94 Volbn 5.61 NetForg 1DIDRbn (953.36) Return YTD (%) 4.22 Indices Countries Americas Dow Jones United States S&P 500 United States Nasdaq United States EIDO United States EMEA FTSE 100 United Kingdom CAC 40 France D DAX Germany Asia Pacific Nikkei Japanese Shanghai China TWSE Taiwan KOSPI Korea KLSE Malaysia ST – Times Singapore Sensex India Hangseng Hongkong Sectoral Previous AGRICULTURE 2,291.11 MINING 1,307.44 MISC INDUSTRY 1,396.27 BASIC INDUSTRY 480.20 CONSUMER GOODS 2,311.43 PROPERTY 550.33 INFRASTRUKTUR 1,115.13 FINANCE 807.30 MANUFAKTURE 1,357.59 TRADE 971.50 LQ 45 947.00 SRI-KEHATI 319.09 Commodities Oil (USD/bbl) Nickel (USD/mtrc ton) Tins (USD/mtrc ton) Gold (USD tr.oz) Copper (USD/mtrc ton) CPO (MYR/ton) Coal (USD/ton) Currencies IDR / USD IDR / AUD IDR / EUR IDR / SGD IDR / JPY IDR / GBP Global Macro Economics United States Euro Area United Kingdom Japan China Domestic Macro Economics Jibor GovBonds (5y) GovBonds (10y) Inflasi YoY Inflasi MoM BI Rate GDP Growth YoY Foreign Reserve (Bn) Mutual Fund Oso Sustainability Fund Oso Syariah Equity Fund Oso Socent Fund Source: Bloomberg

+10.55

+0.19%

Lowest Val IDR bn Mkt Cap IDRtr NetForgYTDIDRbn Month to date (%) Last

Chg%

5,440.58 8,121.74 5,460.71 5,997.40 (0.05) YTD%

18,011.14 2,091.50 4,994.73 27.51

(0.58) (0.61) (0.32) 0.84

1.06 1.58 5.46 0.26

7019.68 5088.28 12005.69

(0.26) 0.67 0.92

6.91 19.09 22.44

19,713.45 3,691.41 9,731.66 2,041.37 1,814.04 3,413.26 28,161.72 24,399.60 Last 2,283.80 1,307.70 1,393.05 481.22 2,311.75 550.21 1,109.19 811.90 1,357.51 980.01 947.82 319.72 Last 47.56 13,950.00 17,550.00 1,189.95 6,145.00 2,165.00 61.80 Last 12,912 10,170 14,185 9,464 108 19,308 CB Rate (%) 0.25 0.05 0.50 0.10 5.60 Last 5.72 7.14 7.24 6.29 (0.36) 7.50 5.01 115.5 NAV/Unit 1,075.20 1,070.75 968.16

(0.21) 0.10 (0.27) 0.23 1.01 0.09 (0.11) (0.39) Chg% (0.32) 0.02 (0.23) 0.21 0.01 (0.02) (0.53) 0.57 (0.01) 0.88 0.09 0.20 Chg% 0.11 (2.45) (0.57) (0.28) 0.41 (1.05) (0.96) Chg% 0.85 (0.44) (0.95) (0.19) 0.35 0.17 CPI YoY (%) 1.30 0.30 1.00 2.90 1.40 Chg% 1.23 (1.35) (1.43)

12.97 14.12 4.56 6.57 3.00 1.43 2.41 3.37 YTD% (2.86) (4.48) 6.58 (11.49) 6.15 4.82 (4.40) 10.97 1.67 11.54 5.48 6.73 YTD% (10.72) (7.92) (9.54) 0.43 (2.46) (5.50) (1.98) YTD% (4.06) (0.20) 6.19 (0.93) (4.10) (0.11) GDP YoY (%) 2.40 0.80 3.00 (1.30) 7.30 YTD% (3.23) (7.27) (7.09)

1 Mth (%) (0.40) (2.17) 0.97

Market Review Kemarin IHSG ditutup menguat tipis walaupun sempat mengalami pelemahan seiring dengan penguatan Rupiah. IHSG menguat sebesar 0,19% ke level 5.447,64. Penguatan Rupiah direspon para pelaku pasar di tengah data manufaktur China dan Japan yang mengalami penurunan masing-masing menjadi 49.2 dan 50.4. Tercatat pelaku pasar asing melakukan nett sell sebanyak Rp953 miliar. Global Market Pada perdagangan semalam bursa Wall Street di tutup kembali melemah, dimana indeks Dow Jones turun 0.58% ke level 18,011.14, Indeks S&P melemah 0.61% menjadi 2,091.50 dan Indeks Nasdaq mengalami pelemahan 0.32% ke level 4,994.73. Pelemahan di tengah rilisnya data ekonomi AS yakni data inflasi yang naik 0.2% MoM pada bulan Februari 2015 dari sebelumnya deflasi -0.7% pada bulan Januari 2015. Solidnya data ekonomi yang rilis juga akan memungkinkan kenaikan suku bunga acuan The Fed lebih cepat yang membuat investor wait and see terhadap hal tersebut. JCI Prediction Hari ini kami perkirakan IHSG akan cenderung menguat terbatas. Secara teknikal, indikator slow stochastic oscillator masih berada di area over sold dan telah membentuk pola golden cross. Namun demikian, indicator MFI bergerak mendatar. Hari ini kami perkirakan IHSG akan bergerak di kisaran 5.415 – 5.475. Highlight News

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ADHI Operasikan Tiga Hotel ETWA Suntik Modal Rp157 Miliar Oxley Capital Jadi Pembeli Siaga ACST Raih Rp1,36 Triliun Pemegang saham SUPR akan private placement IPO Anak KRAS Akhir 2015 BBTN Targetkan Penerbitan Obligasi Rp3 Triliun ANTM Akan Bangun Pabrik Senilai USD 40 juta

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Today News ADHI Operasikan Tiga Hotel PT Adhi Karya (Persero) Tbk (ADHI) memastikan akan mengoperasikan tiga hotel pada tahun ini, yang dapat meningkatkan pendapatan berkelanjutan (recurring income) perseroan. Tiga hotel yang dikembangkan oleh perseroan terletak di Jakarta Selatan dengan 253 kamar, Medan berkapasitas 140 kamar, dan Semarang sebanyak110 kamar. Pembangunan itu diperkirakan dapat beroperasi pada semester II/2015. ETWA Suntik Modal Rp157 Miliar PT Eterindo Wahanatama Tbk (ETWA) menambah modal untuk dua anak usaha yakni PT Malindo Persada Khatulistiwa dan PT Maiska Bhumi Semesta senilai total Rp157 miliar. Perseroan menambah penyertaan saham masing-masing 100.000 lembar dengan nilai nominal Rp100 miliar di MPK, serta 57.000 saham dengan nominal Rp57 miliar di MBS. Oxley Capital Jadi Pembeli Siaga PT MNC Land Tbk (KPIG) akan menerima dana Rp557,05 miliar dari Oxley Capital Investments Ltd. lewat skema private placement atas pe nerbitan 397,89 juta lembar saham baru perseroan. Dana yang dihasilkan akan digunakan untuk keperluan pembiayaan seperti modal kerja dan belanja modal perseroan. ACST Raih Rp1,36 Triliun PT Acset Indonusa Tbk (ACST) telah mengantongi 68% kontrak baru dari target yang dipatok perseroan pada tahun ini. Hingga saat ini total kontrak baru yang diperoleh perseroan mencapai Rp1,36 triliun, dari target kontrak baru pada 2015 senilai Rp2 trilliun. Adapun, kontrak baru tersebut meliputi proyek pembangunan Thamrin Nine, Millenium Centennial, dan Langham Senopati Project. Pemegang saham SUPR akan private placement Pemegang saham PT Solusi Tunas Pratama Tbk (SUPR) akan melakukan private placement. Para pemegang saham penjual adalah Cahaya Anugerah Nusantara Holdings Limited dan PT Kharisma Indah Ekaprima. Para pemegang saham penjual rencananya akan menjual sekitar 30% dari saham yang telah ditempatkan dalam perseroan. IPO Anak KRAS Akhir 2015 PT Krakatau Steel (Persero) Tbk (KRAS), berencana melepas saham anak usaha perseroan kepada investor publik di bursa efek pada akhir tahun ini. Berdasarkan kinerja anak perusahaan beberapa tahun terakhir dan rencana pengembangan yang sedang berjalan, perseroan akan melakukan kajian lebih mendalam atas kesiapan IPO dari beberapa anak perusahaan. BBTN Targetkan Penerbitan Obligasi Rp3 Triliun PT Bank Tabungan Negara (Persero) Tbk (BBTN) menargetkan penerbitan obligasi sebesar Rp3 triliun pada semester I (satu) 2015. Selain menerbitkan obligasi, perseroan juga meyakini dapat menggenjot pertumbuhan kredit mencapai 18%19% pada 2015, di atas pertumbuhan kredit industri yang diproyeksi mencapai 15%. ANTM Akan Bangun Pabrik Senilai USD 40 juta PT Aneka Tambang (Persero) Tbk (ANTM) berencana membangun pabrik pengolahan anode slime baru di Gresik, Jawa Timur. Pabrik tersebut akan memiliki kapasitas 2.000 ton anode slime per tahun. Dengan kadar emas 1% dalam tiap ton anode slime, maka dalam jangka panjang, perseroan bisa mendapat tambahan 20 ton emas murni. Perseroan akan menyiapkan dana investasi sebesar USD 40 juta. Sumber: Kontan, Investor Daily, Bisnis Indonesia

OSO SECURITIES



Trading Idea SMGR Saham membentuk candle hammer pada area bottom line yang mengindikasikan penguatan. Indikator stochastic dan MACD telah berada di area oversold. Recommendation : Buy Target Price : 14,100 Support : 13,300 Support : 13,100.

SMCB Saham ini membentuk candle belt hold pada lower Bollinger bands. Indikator ROC, stochastic dan RSI membentuk golden cross. Recommendation : Sell Target Price : 1,635. Support : 1,500. Stop loss : 1,425.

INTP Saham membentuk bullish engulfing. Indikator MACD, RSI stochastic dan William%R membentuk golden cross pada area oversold. Recommendation : Buy Target Price : 22,225. Support : 21,450. Stop loss : 21,000.

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Fundamental Analysis (LQ 45) Ticker AALI ADHI ADRO AKRA ANTM ASII ASRI BBCA BBNI BBRI BBTN BDMN BMRI BMTR BSDE CPIN CTRA EXCL GGRM HRUM ICBP INCO INDF INTP ITMG JSMR KLBF LPKR LPPF LSIP MNCN PGAS PTBA PTPP PWON SCMA SMGR SMRA TAXI TBIG TLKM UNTR UNVR WIKA WSKT

Last Price 24,550 3,165 975 5,075 890 8,150 570 14,550 7,100 13,000 1,165 4,870 12,075 1,845 2,055 3,625 1,380 4,450 50,650 1,510 14,700 3,340 7,475 21,650 17,650 7,200 1,840 1,270 17,900 1,780 2,830 4,900 10,550 3,830 510 3,365 13,425 1,680 885 9,350 2,920 21,575 38,900 3,515 1,770

P/BV (x) 3.39 3.27 0.87 3.68 0.71 3.45 1.92 4.62 2.24 3.29 1.01 1.42 2.74 2.30 2.45 5.46 3.00 2.72 3.07 1.05 6.09 1.44 2.55 3.22 1.71 4.96 9.80 1.99 294.11 1.68 4.74 3.32 2.68 7.76 4.94 15.88 3.31 4.81 2.16 11.08 4.23 2.20 54.23 5.41 6.06

P/E (x) 2015F 12.70 11.92 9.41 17.46 8.88 14.02 8.29 16.65 9.80 10.43 6.87 10.81 11.01 18.25 12.96 17.87 14.59 20.74 16.45 23.33 23.97 9.56 12.76 13.11 9.09 23.41 34.14 17.91 21.92 10.21 17.91 11.13 11.62 20.28 12.07 27.72 12.18 19.02 13.08 20.34 15.87 12.85 48.27 21.86 21.51

PEG 0.40 (0.87) (0.00) 1.01 #VALUE! (14.68) (0.50) 1.39 0.64 0.97 (0.39) (0.50) 1.55 (0.70) 0.26 (4.96) 0.28 #VALUE! 2.42 (0.19) 1.91 0.00 0.33 2.91 (0.67) 0.95 3.86 1.32 1.58 0.70 16.50 (0.46) 0.89 1.32 0.31 (1.20) 3.97 0.66 0.84 6.03 11.92 1.35 5.25 4.49 0.95

BETA 0.04 2.11 0.27 1.22 0.49 1.42 2.08 1.20 1.62 1.67 1.60 0.78 1.68 1.54 1.39 2.07 2.23 0.71 0.94 (0.00) 1.29 0.60 1.22 1.21 0.31 0.68 1.27 1.95 1.22 0.13 1.28 0.96 0.42 1.92 1.91 0.97 1.32 2.07 1.31 0.56 1.09 0.67 1.01 1.61 2.23

ROA ROE (%) (%) 14.94 23.49 3.21 19.74 2.72 6.54 5.51 15.94 (3.53) (6.27) 8.52 21.37 5.45 15.07 3.14 23.29 2.68 20.22 3.39 27.43 0.81 9.39 1.37 8.13 2.50 20.91 2.94 6.35 15.07 29.84 12.17 19.85 5.63 17.68 (1.71) (6.09) 9.84 17.14 5.23 8.02 11.28 19.53 7.47 9.85 4.75 15.82 19.00 22.09 15.20 22.28 4.68 14.88 18.16 24.94 4.10 10.10 44.73 #N/A N/A 11.02 13.25 15.40 23.09 13.72 27.55 15.22 25.22 3.94 24.33 14.23 36.08 33.28 49.24 17.10 24.78 8.14 23.92 6.18 17.82 6.39 32.66 10.89 22.81 9.13 15.37 37.26 96.71 4.32 17.73 4.70 19.20

DER (x) 0.39 1.16 0.68 0.77 0.67 0.73 0.89 0.12 0.39 0.59 1.68 0.90 0.52 0.47 0.28 0.29 0.43 1.83 0.44 0.24 0.10 1.05 0.01 1.35 0.07 0.61 3.88 0.07 0.68 0.26 0.80 0.46 0.00 0.16 0.56 1.14 4.04 0.33 0.07 0.23 0.76 1.11

EAT 1 Year Fair Value Growth38.99 (%) 25,725 (20.17) 3,875 (195,184.68) 1,105 24.16 4,960 #N/A N/A 1,090 (1.17) 7,750 (27.08) 655 15.62 14,125 19.05 7,200 13.57 13,450 (28.53) 1,245 (35.57) 4,155 9.16 12,625 (53.61) 2,225 37.37 2,375 (5.89) 4,150 65.13 1,495 #N/A N/A 6,000 7.85 63,550 (68.21) 1,260 17.22 14,800 3,900,000.00 4,250 64.29 8,450 5.20 24,275 (11.76) 19,450 36.56 7,825 10.81 1,865 16.05 1,170 23.26 18,525 18.79 2,110 1.33 3,005 (25.00) 5,925 12.72 12,125 26.44 4,475 51.45 580 (28.48) 3,820 3.60 15,725 33.00 1,875 15.45 1,165 5.65 9,800 1.63 3,105 11.11 21,550 10.65 30,775 7.81 3,835 35.86 1,900

Up-Side Recommendation (Down-Side)4.79 (%) Hold 22.43 Buy 13.33 Buy (2.27) Sell 22.47 Buy (4.91) Sell 14.91 Buy (2.92) Sell 1.41 Hold 3.46 Hold 6.87 Buy (14.68) Sell 4.55 Hold 20.60 Buy 15.57 Buy 14.48 Buy 8.33 Buy 34.83 Buy 25.47 Buy (16.56) Sell 0.68 Hold 27.25 Buy 13.04 Buy 12.12 Buy 10.20 Buy 8.68 Buy 1.36 Hold (7.87) Sell 3.49 Hold 18.54 Buy 6.18 Buy 20.92 Buy 14.93 Buy 16.84 Buy 13.73 Buy 13.52 Buy 17.13 Buy 11.61 Buy 31.64 Buy 4.81 Hold 6.34 Buy (0.12) Sell (20.89) Sell 9.10 Buy 7.34 Buy

Market Cap (Tn) 38.66 5.70 31.19 19.86 8.49 329.94 11.20 358.73 132.41 320.70 12.31 46.68 281.75 26.20 37.75 59.44 20.93 37.98 97.46 4.08 85.72 33.19 65.63 79.70 19.94 48.96 86.25 29.31 52.23 12.14 40.40 118.78 24.31 18.55 24.56 49.20 79.63 24.24 1.90 44.85 294.34 80.48 296.81 21.61 17.22

OSO SECURITIES



Technical Analysis (LQ 45) Ticker JCI AALI ADHI ADRO AKRA ANTM ASII ASRI BBCA BBNI BBRI BBTN BDMN BMRI BMTR BSDE CPIN CTRA EXCL GGRM HRUM ICBP INCO INDF INTP ITMG JSMR KLBF LPKR LPPF LSIP MNCN PGAS PTBA PTPP PWON SCMA SMGR SMRA TAXI TBIG TLKM UNTR UNVR WIKA WSKT

Last 5,448 24,550 3,165 975 5,075 890 8,150 570 14,550 7,100 13,000 1,165 4,870 12,075 1,845 2,055 3,625 1,380 4,450 50,650 1,510 14,700 3,340 7,475 21,650 17,650 7,200 1,840 1,270 17,900 1,780 2,830 4,900 10,550 3,830 510 3,365 13,425 1,680 885 9,350 2,920 21,575 38,900 3,515 1,770

Open

High

5,441 24,725 3,210 975 5,000 910 8,200 575 14,550 6,950 12,950 1,145 4,715 12,150 1,815 2,025 3,580 1,380 4,395 52,225 1,530 14,800 3,410 7,400 21,450 17,550 7,175 1,825 1,230 17,925 1,800 2,805 5,050 10,400 3,850 520 3,440 13,500 1,695 925 9,250 2,920 21,100 38,650 3,570 1,780

5,458 25,000 3,235 995 5,075 910 8,200 580 14,675 7,100 13,050 1,170 4,900 12,225 1,845 2,060 3,630 1,380 4,455 52,225 1,530 14,825 3,420 7,475 21,650 17,750 7,200 1,840 1,270 18,100 1,810 2,850 5,100 10,625 3,880 525 3,450 13,525 1,695 925 9,425 2,940 21,575 39,000 3,595 1,785

Low 5,434 24,550 3,165 975 5,000 890 8,100 565 14,500 6,950 12,925 1,140 4,700 12,050 1,800 2,020 3,580 1,350 4,370 50,600 1,510 14,550 3,335 7,375 21,325 17,425 7,100 1,810 1,225 17,825 1,780 2,805 4,900 10,400 3,820 505 3,355 13,300 1,665 885 9,225 2,915 21,075 38,625 3,450 1,755

Year-to-Date (YtD%) 4.22% 1.24% -9.05% -6.25% 23.18% -16.43% 9.76% 1.79% 10.86% 16.39% 11.59% -3.32% 7.62% 12.06% 29.47% 13.85% -4.10% 10.40% -8.53% -16.56% -9.04% 12.21% -7.86% 10.74% -13.40% 14.80% 2.13% 0.55% 24.51% 19.33% -5.82% 11.42% -18.33% -15.60% 7.13% -0.97% -3.86% -17.13% 10.53% -24.36% -3.61% 1.92% 24.35% 20.43% -4.48% 20.41%

MA5

RSI Rec

Positif Positif Negatif Negatif Positif Positif Negatif Positif Negatif Negatif Negatif Negatif Negatif Negatif Positif Positif Positif Negatif Positif Positif Negatif Positif Negatif Negatif Positif Negatif Negatif Negatif Negatif Negatif Positif Positif Positif Negatif Negatif Negatif Negatif Positif Positif Negatif Negatif Positif Negatif Positif Negatif Negatif

Trading Trading Trading Trading Trading Oversold OverBought Trading OverBought OverBought Trading Trading Trading OverBought Trading Trading Oversold Trading Oversold Oversold Oversold Trading Trading Trading Oversold Trading Trading Trading OverBought Trading Oversold Oversold Oversold Trading Trading Trading Trading Oversold Trading Trading Trading Trading Trading Trading Trading Trading

MACD Trend Negatif Negatif Positif Negatif Negatif Negatif Positif Negatif Negatif Positif Negatif Negatif Negatif Negatif Negatif Negatif Negatif Negatif Negatif Negatif Negatif Positif Positif Negatif Negatif Positif Positif Positif Positif Negatif Negatif Negatif Negatif Positif Negatif Positif Negatif Negatif Negatif Positif Negatif Negatif Negatif Negatif Positif Negatif

Bollinger Band Pivot Point Lower Middle Upper 5,402 5,447 5,493 5,445 24,350 25,600 26,850 24,700 3,020 3,265 3,510 3,195 930 975 1,015 980 4,785 4,990 5,200 5,050 910 975 1,040 900 7,775 7,975 8,175 8,175 525 605 690 575 13,950 14,275 14,575 14,575 6,600 6,825 7,075 7,025 12,750 12,900 13,050 12,975 1,045 1,115 1,185 1,155 4,550 4,725 4,895 4,795 11,725 11,975 12,200 12,125 1,735 1,890 2,045 1,825 1,950 2,090 2,230 2,040 3,585 3,745 3,900 3,605 1,265 1,395 1,525 1,375 4,195 4,510 4,830 4,420 51,400 53,500 55,600 51,425 1,480 1,565 1,650 1,520 13,925 14,550 15,150 14,725 3,260 3,385 3,515 3,375 7,300 7,400 7,500 7,425 21,325 23,225 25,100 21,525 16,250 16,975 17,675 17,600 7,025 7,100 7,175 7,175 1,775 1,810 1,845 1,830 1,065 1,155 1,240 1,250 17,075 17,775 18,500 17,950 1,785 1,865 1,940 1,795 2,735 2,975 3,215 2,825 5,025 5,250 5,450 4,990 10,075 10,575 11,050 10,500 3,695 3,910 4,125 3,845 479 520 555 515 3,305 3,575 3,845 3,405 13,775 14,600 15,425 13,450 1,570 1,715 1,855 1,685 680 820 965 905 8,925 9,200 9,475 9,325 2,900 2,945 2,990 2,925 19,725 21,025 22,325 21,325 34,975 37,625 40,275 38,800 3,350 3,535 3,720 3,535 1,640 1,755 1,865 1,775

Support 1 2 5,432 5,422 24,425 24,250 3,155 3,125 965 960 5,000 4,965 890 880 8,125 8,075 565 560 14,475 14,400 6,950 6,875 12,925 12,850 1,140 1,125 4,695 4,595 12,025 11,950 1,810 1,780 2,020 2,000 3,580 3,555 1,365 1,345 4,380 4,335 50,625 49,800 1,510 1,500 14,625 14,450 3,335 3,290 7,400 7,325 21,400 21,200 17,450 17,275 7,150 7,075 1,820 1,800 1,230 1,205 17,775 17,675 1,775 1,765 2,795 2,780 4,875 4,790 10,375 10,275 3,810 3,785 505 495 3,355 3,310 13,350 13,225 1,675 1,655 885 865 9,200 9,125 2,910 2,900 21,100 20,825 38,600 38,425 3,470 3,390 1,760 1,745

Resistance Stop Loss Level 1 2 5,456 5,469 5,340 24,875 25,150 23,900 3,225 3,265 3,075 985 1,000 945 5,075 5,125 4,890 910 920 865 8,225 8,275 7,950 580 590 550 14,650 14,750 14,175 7,100 7,175 6,775 13,050 13,100 12,675 1,170 1,185 1,110 4,895 4,995 4,525 12,200 12,300 11,775 1,855 1,870 1,755 2,060 2,080 1,970 3,630 3,655 3,500 1,395 1,405 1,320 4,465 4,505 4,270 52,250 53,050 49,050 1,530 1,540 1,480 14,900 15,000 14,225 3,420 3,460 3,240 7,500 7,525 7,225 21,725 21,850 20,875 17,775 17,925 17,000 7,250 7,275 6,975 1,850 1,860 1,770 1,275 1,295 1,185 18,050 18,225 17,400 1,805 1,825 1,735 2,840 2,870 2,735 5,075 5,200 4,715 10,600 10,725 10,125 3,870 3,905 3,730 525 535 488 3,450 3,500 3,260 13,575 13,675 13,025 1,705 1,715 1,630 925 945 850 9,400 9,525 8,975 2,935 2,950 2,855 21,600 21,825 20,525 38,975 39,175 37,850 3,615 3,680 3,335 1,790 1,805 1,715

Recommendation Hold Hold Hold Sell Hold Speculative Buy Sell Hold Strong Sell Sell Sell Sell Sell Strong Sell Hold Hold Speculative Buy Sell Speculative Buy Speculative Buy Speculative Buy Speculative Buy Hold Sell Speculative Buy Hold Hold Hold Sell Sell Speculative Buy Speculative Buy Speculative Buy Hold Sell Hold Sell Speculative Buy Hold Hold Sell Hold Sell Hold Hold Sell

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RUPS Code Agenda Date Time Place TPIA RUPS 20-Mar-15 13.00 Wisma Barito Pacific Tower B Lt. M, Jl. Let. Jend. S. Parman Kav.62-63, Jakarta 11410 BBTN RUPS 24-Mar-15 9.30 Menara BTN Ruang Serba Guna, lantai 6 Jl. Gajah Mada No. 1 Jakarta 10130 BBYB RUPS 24-Mar-15 10.00 Sumba C Room, Lantai 3 Hotel Borobudur - Jakarta Jl. Lapangan Banteng Selatan Jakarta Pusat BSIM RUPS 24-Mar-15 14.00 Ruang Paseo, Sinar Mas Land Plaza Tower II Lantai 39 Jl. MH. Thamrin No. 51 Jakarta 10350 BSWD RUPS 24-Mar-15 14.00 PT Bank Of India Indonesia Tbk lt.IV Jl. Samanhudi No. 37, Pasar Baru Jakarta 10710 AGRO RUPS 25-Mar-15 9.30 Ruang Bima, Lt. 2 Hotel Bidakara Jakarta Jl. Jend. Gatot Subroto Kav. 71-73 Pancoran, Jakarta Selatan IGAR RUPS 25-Mar-15 10.00 Ruang Vanda 1 Gedung Pasadenia Jl. Pacuan Kuda No. 27 Pulomas Jakarta NIRO RUPS 25-Mar-15 10.00 Hotel Ritz Carlton, Pacific Place Jakarta BEST RUPS 25-Mar-15 10.00 Auditorium/Ruang Serbaguna Jl. Sumatera, Kawasan Industri MM2100 Cikarang Barat, Bekasi TINS RUPS 26-Mar-15 8.30 Hotel Borobudur Jakarta NIKL RUPS 26-Mar-15 9.00 Legian Room, Hotel Grand Melia Jl. H.R. Rasuna Said Kav. X-0 Kuningan, Jakarta 12950 BBRM RUPS 26-Mar-15 BTPN RUPS 26-Mar-15 DEWA RUPS 27-Mar-15 9.00 Rafflesia Ballroom, Balai Kartini Jl. Gatot Subroto Kav. 37 Jakarta 12950 LEAD RUPS 30-Mar-15 10.00 Ruang Cendana I - III Hotel Holiday Inn Jakarta - Kemayoran PTBA RUPS 30-Mar-15 10.00 Grand Ballroom JS Luwansa Hotel and Convention Center Jl. HR Rasuna Said Kav. c-22 Jakarta 12940 SMBR RUPS 30-Mar-15 14.00 Ruang Seminar Bursa Efek Indonesia (Gallery Bursa) Gedung BEI Tower 2 Lantai 1 Jl. Jend. Sudirman Kav. 52-53 Jakarta 12190 BCIC RUPS 30-Mar-15 HERO RUPS 30-Mar-15 ITMG RUPS 31-Mar-15 8.30 Ballroom The Dharmawangsa Hotel Jl. Brawijaya Raya No. 26 Kebayoran Baru, Jakarta Selatan BJBR RUPS 31-Mar-15 9.00 The Trans Hotel Bandung ANTM RUPS 31-Mar-15 INCO RUPS 31-Mar-15 ITTG RUPS 1-Apr-15 14.00 Kantor Perseroan Jl. Iman Bonjol No. 68 Jakarta 10310 ADES RUPS 1-Apr-15 EXCL RUPS 1-Apr-15 WTON RUPS 1-Apr-15 SDPC RUPS 2-Apr-15 10.00 Ruang Ksatria-Arya-Wira Hotel Century Park Jalan Pintu Satu Senayan, Jakarta 10270 KRAS RUPS 2-Apr-15 14.00 Balai Kartini, Ruang Mawar Lt. 2 Jl. Jend. Gatot Subroto Kav. 37 Jakarta Selatan MERK RUPS 2-Apr-15 PGAS RUPS 6-Apr-15 BDMN RUPS 7-Apr-15 9.00 Sasono Mulyo Ballroom 1 dan 2 Le Meridien Hotel Jl. Jenderal Sudirman Kav. 18 - 20 Jakarta 10220 SSMS RUPS 7-Apr-15 BJTM RUPS 8-Apr-15 10.00 Hotel Bumi Surabaya Jl. Jend. Basuki Rachmat 106 - 128 Surabaya ACST RUPS 8-Apr-15 14.00 Soehanna Hall, The Energy Building Lantai 2 Jl. Jend. Sudirman Kav. 52-53 Jakarta 12190 KAEF RUPS 8-Apr-15 14.00 Flores Ballroom Hotel Borobudur Jakarta PLIN RUPS 8-Apr-15 14.00 Hotel Grand Hyatt Jakarta Jl. MH Thamrin Kav. 28-30 Jakarta DSSA RUPS 8-Apr-15 Hotel Pullman Jakarta Lantai 2 Ruang Gallery Jl. M.H Thamrin No. 59 Jakarta Pusat INAF RUPS 8-Apr-15 NISP RUPS 9-Apr-15 10.30 OCBC NISP Tower Lantai 23 Jl. Prof. Dr. Satrio Kav. 25, Jakarta 12940 BBCA RUPS 9-Apr-15 JASS RUPS 9-Apr-15 BNGA RUPS 10-Apr-15 14.30 The Financial Hall Graha CIMB Niaga, Lantai 2 Jl. Jend. Sudirman Kav. 58 Jakarta 12190 AALI RUPS 14-Apr-15 Ballroom 1, JS Luwansa Hotel and Convention Center Jl. HR. Rasuna Said Kav. C-22 Jakarta Pusat 12940 JPFA RUPS 14-Apr-15 10.00 Harris Hotel, Unique Room Jl. Dr. Saharjo No. 191 Jakarta 12960 RELI RUPS 15-Apr-15 9.00 Reliance Capital Building Lt. 3 Jl. Pluit Putra Kencana. No. 15A, Jakarta 14450 MBSS RUPS 15-Apr-15 10.00 Hotel The Ritz Carlton, Jakarta Jl. Lingkar Mega Kuningan Kav. E.1.1 No. 1 Mega Kuningan - Jakarta 12950 HOTL RUPS 15-Apr-15 10.00 Gedung Grha Mitra Jl. Pejaten Barat No. 6 Jakarta Selatan BFIN RUPS 15-Apr-15 10.30 Hotel Grand Mahakam, Jakarta Selatan TURI RUPS 15-Apr-15 13.30 Hotel Pullman Jakarta Jl. M.H. Thamrin 59 Jakarta 10350 SMGR RUPS 16-Apr-15 14.00 Reflesia Grand Ballroom Balai Kartini Jl. Gatot Subroto, Jakarta TOBA RUPS 16-Apr-15 14.00 Ruang Seminar PT Bursa Efek Indonesia Gedung Bursa Efek Indonesia Tower 2 Lantai 1 (Galeri Bursa) Jl. Jend. Sudirman Kav. 52-53 GREN RUPS 16-Apr-15 TRIS RUPS 20-Apr-15 9.00 Ruang Seminar 1 Indonesia Stock Exchange Building Jl. Jend. Sudirman Kav. 52-53 Jakarta 12190 PTRO RUPS 20-Apr-15 10.00 Segara Ballroom, Hotel Dharmawangsa Jl. Brawijaya Raya No. 26 Kebayoran Baru, Jakarta 12160 CINT RUPS economic 20-Apr-15 &13.00 Ruang Seminar 1 Indonesia Stock Exchange Building Jl. Jend. Sudirman Kav. 52-53 Jakarta 12190 Sumber :Trading Bloomberg SCMA RUPS 21-Apr-15 14.00 Ruang Studio SCTV lantai 8, SCTV Tower, Senayan City Jl. Asia Afrika Lot. 19 Jakarta 10270 UNTR RUPS 21-Apr-15 14.00 JW Marriot Hotel, Dua Mutiara 1 & 2 Room Level 2 Jl. DR Ide Anak Agung Gde Agung Kav. E.1.2 No. 1&2 Kawasan Mega Kuningan, Jakarta 12950 EMTK RUPS 22-Apr-15 14.00 SCTV Studio, Lantai 8, SCTV Tower, Senayan City Jl. Asia Afrika Lot. 19, Jakarta 10270 GLOB RUPS 23-Apr-15 9.00 Hotel Gran Mahakam, Jakarta Selatan

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RESEARCH TEAM Supriyadi ([email protected]) Andri Goklas ([email protected]) Fanny Suherman ([email protected]) Mohammad Alfi Syahr ([email protected])

Head of Research

+62 21 2991 5300

Research Analyst

+62 21 2991 5300

Research Analyst

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Research Analyst

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HEAD OFFICE

Cyber 2 Tower, 22nd Floor Jl. HR. Rasuna Said Blok X-5 No. 13 Jakarta Selatan 12950 Tel: +62-21-299-15-300 Fax : +62-21-290-21-497 BRANCHES Semarang Jl. Dr. Cipto No. 96 C - D Semarang, Jawa Tengah Tel: 024 - 3575511

Yogyakarta Galeri Investasi UIN Sunan Kalijaga Jl. Marsda Adisucipto Yogyakarta 55281 Tel: +62-274 55 31 63 Fax: +62-274 55 31 63

Akastiebi STIE Bisnis Indonesia Kampus Kebayoran AKA Building Jl. Bangka Raya No.2 Kebayoran Baru Jakarta Selatan Tel: +62-21 717 945 52 (General) Fax: +62 –21 717 944 65

Solo Solo Centre Point Jl. SlametRiyadi 373, Ruko A7B, Purwosari, Solo JawaTengah Tel: +62-271 717 909 Fax: +62-271 710 689

Bandung Grand Royal Panghegar lnt 2,10-11 JL. Merdeka No 2 Bandung, Jawa Barat Tel: +62-22 424 0269 (General) Fax +62-22 424 0279

Surabaya Jl. Dr. Sutomo No. 97C Fl. 5th,Surabaya JawaTimur Tel: +62-31 563 0234 (Hunting) Fax: +62-31 5630 26

Bali Shopping Archade A-4 JL. PantaiKuta The Stones Hotel Bali, Indonesia Tel: 0361-754020, 0361-757037 Fax : 0361–754779

Jember Jember Business Centre (JBC) Jl. Trunojoyo No. 26 Blok A-8, Jember JawaTimur Tel: +62-331 421050 (Hunting) Fax: +62-331 420320

Medan Mandiri Building Fl. VII Jl. Imam Bonjol No. 16 D Medan, Sumatera Utara Tel: +62-614539955 Fax: +62-614529427

Makasar Jl. Pengayoman no.118 (sampingcarefour) Makassar, Sulawesi Selatan Tel: 0411 - 439 050 Fax. 0411 - 431 373

Malang Ruko Borobudur Bisnis Center Jl. Terusan Borobudur Kav. 5 Malang, JawaTimur Tel: 0341 - 407771

DISCLAIMER This report has been prepared by PT OSO Securities on behalf of itself and its affiliated companies and is provided for information purposes only. Under no circumstance.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. OSO Securities. We expressly disclaim any responsibility or liability (express or implied) of PT. OSO Securities, its affiliated companies and their respective employees and agents whatsoever and howsoever arising (including, without limitation for any claims, proceedings, action , suits, losses, expenses, damages or costs) which may be brought against or suffered by any person as a results of acting in reliance upon the whole or any part of the contents of this report and neither PT. OSO Securities, its affiliated companiesor their respective employees or agents accepts liability for any errors, omissions or mis-statements, negligent or otherwise, in the report and any liability in respect of the report or any inaccuracy therein or omission there from which might otherwise arise is hereby expresses disclaimed. The information contained in this report is not be taken as any recommendation made by PT. OSO Securities or any other person to enter into any agreement with regard to any investment mentioned in this document. This report is prepared for general circulation. It does not have regards tothe specific person who may receive this report. In considering any investments you should make your own independent assessment and seek your own professional financial and legal advice.

OSO SECURITIES. OSO Daily 25 Maret 2015 JCI 5, %

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