Wednesday, April 26, 2017 ID X Statistics
C lo sing
JCI
5,680.80
Transaction Value Regular M arket (IDR tn)
6.721
Transaction Volume Regular M arket (mn shares)
6,162
Foreign Net Buy (Sell) (IDR bn)
1,310.84
Foreign Net Buy (Sell)
1.47
Total M arket Capitalization (IDR tn)
Other Indices
IHSG naik sebanyak 16.3 poin (0.29%) ke level 5680.8. Sementara LQ45 naik sebanyak 2.9 poin (0.31%) ke level 941.08. Foreign net buy sebesar Rp 1310.84 miliar.
Today’s Market: HSG diperkirakan bergerak mixed dengan kecenderungan melemah. Bursa AS ditutup menguat menyusul sebagian laporan keuangan yang memperlihatkan hasil yang cukup positif. Adapun ekspektasi pengumuman tentang rencana pemotongan pajak dari gedung putih turut dinanti oleh pasar. Dari dalam negeri. Kemenkeu merencanakan akan menyusun revisi UU PPh dan mengubah basis perhitungan pajak yang diperkirakan memberikan sentimen positif bagi beberapa emiten. Pergerakan IHSG sendiri diperkirakan masih akan terkait perilisan laporan keuangan emiten kuartal I-2017 hingga akhir pekan ini. Sedangkan untuk pekan depan, investor diperkirakan akan mencermati angka inflasi April 2017 dan angka pertumbuhan ekonomi kuartal I-2017 Secara teknikal indeks hari Rabu (26/4), IHSG diprediksi bergerak di kisaran 55700-5634.
6,203.91
C lo sing
1-D ay C hg (%)
YT D C hg (%)
LQ45
941.08
0.31
18.82
EIDO
26.53
(0.04)
27.12
IDX
23.23
0.09
26.18
20,996.12
1.12
20.49
DOW JONES S&P 500
2,388.61
0.61
16.86
NASDAQ
6,025.49
0.70
20.33
FTSE
7,275.64
0.15
16.55
NIKKEI
19,079.33
1.08
0.24
HANG SENG
24,455.94
1.31
11.60
STRAITS TIM ES
3,163.93
0.63
9.75
KLSE
1,765.80
0.56
4.33
C urrency Spo t R ate
R ate (ID R )
1-D ay C hg (%)
YT D C hg (%)
USD/IDR
13,283.00
(0.19)
1.45
EUR/IDR
14,541.83
1.31
(2.44)
JPY/IDR
119.42
(1.42)
(3.61)
SGD/IDR
9,540.01
(0.08)
(2.28)
AUD/IDR
10,015.67
(0.42)
(2.72)
GBP/IDR
17,063.89
1.08
(3.00)
C o mmo dities
Last T ransactio n
P rice
Crude Oil (USD/barrel)
49.35
Coal (USD/mn tons)
8:24:07 AM
(8.13)
70.85
4/25/2017
(14.64)
3.05
8:23:38 AM
(17.99)
1,263.99
8:34:09 AM
10.16
9,325.00
8:34:05 AM
(6.94)
19,560.00
8:33:51AM
(7.27)
Natural Gas (USD/mmBtu) Gold (USD/ounce) Nickel (USD/mn tons) Tins (USD/mn tons)
YT D C hg (%)
CPO (M YR/mn tons)
2,634.00
4/25/2017
(18.15)
Rubber (JPY/kg)
260.80
8:27:38 AM
(0.46)
Wheat (USD/bushel)
410.50
8:24:05 AM
0.67
Corn (USD/bushel)
367.00
8:15:13 AM
4.26
Top Buy: PGAS, SMGR, BBRI
BoW: GGRM
www.sinarmassekuritas.co.id
See important disclaimer at the end of this report
Source: Bloomberg, Sinarmas Investment Research
1
Daily Corporate and Industry News
International Moneter Fund (IMF) alias The Fund memperkirakan ekonomi dunia pada 2017 akan tumbuh 3,5% dan pada 2018 sekitar 3,6%. Proyeksi ini jauh lebih baik ketimbang pencapaian tahun 2016 yang berada pada 3,1%. Hal ini menjadi indikasi datang nya musim semi ekonomi dunia. Source: Bisnis Indonesia
Pada 2018, RI akan mengimplementasikan kebijakan pertukaran data informasi keuangan (Automatic Exchange of Information/AEoI). Hal ini tidak akan menimbulkan gejolak yang berarti maupun mempengaruhi likuiditas dan penghimpunan dana pihak ketiga. Level bermain antar negara akan sama dalam mengadopsi sistem keterbukaan informasi perbankan untuk keperluan perpajakan. Source: Bisnis Indonesia
Pemerintah akan berupaya menjaga stok dan distribusi komoditas pangan selama Ramadhan dan Lebaran 2017 agar tidak terjadi gejolak harga sehingga laju inflasi bias dijaga pada level 4% sesuai asumsi APBN 2017, dan mengakselarasi pertumbuhan ekonomi yang ditargetkan mencapai 5,1%. Source: Investor Daily
Otoritas Jasa Keuangan (OJK) akan merevisi sejumlah peraturan terkait dengan perusahaan pembiayaan guna mendorong pertumbuhan industri. Beberapa poin penting yakni perusahaan pembiayaan akan diperkenankan memberikan pinjaman tunai, setelah sebelumnya tidak boleh, serta ketentuan tentang kewajiban pelepasan unit usaha syariah. Source: Bisnis Indonesia
Pemerintah akan merevisi Peraturan Pemerintah No. 15/2016 tentang Jenis dan Tarif Atas Jenis Penerimaan Negara Bukan Pajak yang berlaku pada Kementerian Perhubungan. Source: Bisnis Indonesia
Dewan Karet Indonesia (Dekarindo) menyatakan bahwa kebijakan pembatasan ekspor karet di pasar global atau Agreed Export Tonage Scheme (AETS) perlu dijalankan lagiguna mendongkrak harga. Indonesia, Thailand, dan Malaysia yang tergabung dalam International Tripartite Rubber Council (ITRC) meminta Vietnam untuk menjalankan kebijakan yang sama. Source: Investor Daily
Omzet produsen hilir plastik turun sebesar 3%-5% pada kuartal I/2017 dibandingkan dengan periode yang sama tahun lalu akibat terbebani cukai plastik dan harga energi yang masih tinggi. Source: Bisnis Indonesia
Bank Rakyat Indonesia (BBRI) membidik pertumbuhan pendapatan berbasis komisi sebanyak 35,8% dari realisasi sepanjang tahun lalu yang mencapai Rp 9,2 triliun. Source: Bisnis Indonesia
Kinerja keuangan Pembangunan Perumahan (PTPP) sepanjang tahun ini diperkirakan melampaui target yang dipatok perseroan seiring dengan realisasi kinerja pada kuartal I/2017. Sepanjang 3 bulan pertama tahun ini, korporasi konstruksi dan investasi milik negara itu menaksir pertumbuhan laba bersih dapat mencapai 24% dibandingkan dengan Rp 98,69 miliar pada kuartal I/2016. Source: Bisnis Indonesia
www.sinarmassekuritas.co.id
See important disclaimer at the end of this report
2
Daily Corporate and Industry News
Sinar Mas Multiartha (SMMA) memaparkan rencana buyback 636,76 juta saham atau sebanyak-banyaknya 10% dari seluruh saham yang telah ditempatkan dan disetor penuh dalam perseroan. Source: Bisnis Indonesia
Bank CIMB Niaga (BNGA) resmi naik kelas menjadi bank umum kegiatan usaha (BUKU) IV dengan memiliki modal inti minimal Rp 30 triliun. Bahkan, saat ini modal inti bank milik CIMB Group Malaysia itu berada di kisaran Rp 32 triliun. Source: Bisnis Indonesia
Red Planet Indonesia (PSKT) berencana membangun hotel baru di Kelapa Gading, Jakarta Utara, senilai US$ 7 juta. Source: Bisnis Indonesia
Delapan emiten (SMMA, ISSP, BNGA, SSIA, PALM, SRTG, KKGI, PLIN) berencana membeli kembali (buyback) saham untuk tujuan treasury stock dan menggulirkan program MESOP (management employee stock option plan). Source: Bisnis Indonesia
Pupuk Indonesia Holding Company (Persero) berencana menerbitkan obligasi senilai Rp 3,5 triliun dalam waktu dekat ini sebagai bagian dari penawaran umum berkelanjutan (PUB) dengan total target dana Rp 10 triliun. Source: Bisnis Indonesia
Perusahaan farmasi PT Phapros mencetak laba bersih Rp 10,1 miliar selama kuartal pertama tahun ini, atau meningkat sebesar 50% secara tahunan. Lonjakan pertumbuhan laba bersih itu sejalan dengan peningkatan penjualan. Selama periode Januari-Maret tahun ini, penjualan Phapros diklaim meningkat 10,7%. Source: Bisnis Indonesia
www.sinarmassekuritas.co.id
See important disclaimer at the end of this report
3
World Equity Indices NO
IN D IC E S
A m e ric a
5 2 - WE E K H IG H
C H A N GE YT D
LO W
1
DOW JONES INDUS. A VG
2
S&P 500 INDEX
3
NA SDA Q COM P OSITE INDEX
6,036.02
4
S&P /TSX COM P OSITE INDEX
15,943.09
5
M EXICO IP C INDEX
49,821.47
43,902.25
P O IN T
%
P E R ( x) 2 0 15
P B V ( x)
2 0 16 E
2 0 15
M A R KE T C A P ( B n)
2 0 16 E
D o m a in C urre nc y
US D
21,169.11
17,063.08
3,571.09
20.49
15.97
17.52
2.99
3.07
5,977.78
5,977.78
2,400.98
1,991.68
344.67
16.86
18.85
18.51
2.77
2.82
21,347.77
21,347.77
4,574.25
1,018.08
20.33
29.95
22.99
3.61
3.69
9,385.28
9,385.28
13,535.54
2,735.24
21.02
21.27
17.19
1.63
1.65
2,355.87
1,731.88
6,830.55
15.89
30.60
18.62
2.57
2.60
5,744.15
303.68
E uro pe 6
Euro Sto xx 50 P r
3,593.13
2,678.27
315.64
9.66
21.56
15.30
1.50
1.55
2,983.51
3,266.64
7
FTSE 100 INDEX
7,447.00
5,788.74
1,033.32
16.55
34.32
14.93
1.81
1.82
1,970.71
2,530.39
8
CA C 40 INDEX
5,295.47
3,955.98
640.82
13.82
23.87
15.65
1.44
1.50
1,484.86
1,625.77
9
DA X INDEX
12,482.90
9,214.10
1,724.03
16.05
20.68
13.98
1.70
1.71
1,206.14
1,320.60
10
IB EX 35 INDEX
10,828.80
7,579.80
1,238.90
11
FTSE M IB INDEX
20,883.66
15,017.42
12
A EX-Index
526.25
409.23
13
SWISS M A RKET INDEX
8,787.37
12.98
20.05
15.23
1.39
1.45
673.41
737.32
(612.85)
(2.86)
128.97
14.52
1.12
1.14
489.36
535.80
82.23
18.61
26.94
16.77
1.60
1.65
626.83
686.32
7,475.54
(42.85)
(0.49)
18.25
17.81
2.59
2.63
1,112.52
1,121.26
A s ia / P a c if ic 14
S&P /A SX 200 INDEX
5,950.10
5,051.00
575.88
10.87
22.84
16.22
1.85
1.86
1,685.55
1,269.73
15
A LL ORDINA RIES INDX
5,983.20
5,131.90
556.12
10.41
28.03
16.51
1.82
1.82
1,825.15
1,374.89
16
CSI 300 INDEX
3,583.72
3,027.44
(289.57)
(7.76)
15.77
13.25
2.05
2.04
24,394.95
3,545.57
17
SHA NGHA I SE A SHA RE INDX
3,456.92
2,910.50
(421.92)
(11.39)
18.80
13.58
1.99
1.99
29,650.87
4,309.47
18
SHENZHEN SE A SHA RE INDX
2,243.11
1,818.47
(446.19)
(18.47)
52.98
23.88
4.72
4.68
22,290.60
3,239.72
19
HA NG SENG INDEX
24,656.65
19,594.61
2,541.54
11.60
10.69
12.18
1.17
1.18
15,538.05
1,997.36
20
HA NG SENG CHINA ENT INDX
10,698.28
8,175.96
611.04
6.32
7.25
8.29
0.95
0.95
4,688.50
602.69
21
S&P B SE SENSEX INDEX
30,007.48
25,057.93
3,825.70
14.65
19.28
17.65
2.81
2.59
50,493.12
784.88
22
Nifty 50
9,309.20
7,678.35
1,360.25
17.12
20.73
17.49
2.67
2.46
65,639.68
1,020.33
23
JA KA RTA COM P OSITE INDEX
5,696.39
4,690.56
1,087.79
23.68
26.88
16.19
2.35
2.37
6,203,907.58
466.88
24
JA KA RTA LQ-45 INDEX
948.74
799.21
149.05
18.82
17.14
17.76
2.85
2.90
4,089,775.10
307.78
25
KA RA CHI 100 INDEX
50,886.80
33,684.56
16,968.86
51.71
9.01
11.50
1.59
1.63
8,443.22
80.55
26
NIKKEI 225
19,668.01
14,864.01
45.62
0.24
20.15
16.68
1.70
1.60
339,151.97
3,055.97
27
NIKKEI 300 INDEX
314.78
239.50
(7.88)
(2.53)
16.69
13.31
1.36
1.28
388,265.44
3,498.52
28
TOP IX INDEX (TOKYO)
1,578.51
1,192.80
(28.09)
(1.82)
16.60
13.75
1.31
1.23
570,915.26
5,144.31
29
FTSE B ursa M alaysia KLCI
1,768.91
1,611.88
73.29
4.33
17.98
16.63
1.78
1.79
1,063.83
243.76
30
S&P NZX A ll Index
1,427.66
1,243.04
108.91
8.95
19.80
17.35
1.88
1.93
111.80
77.68
31
P SEi - P HILIP P INE SE IDX
8,118.44
6,499.00
748.38
10.76
20.04
18.71
2.47
2.56
9,284.12
186.75
32
Straits Times Index STI
3,189.81
2,703.48
281.20
9.75
13.26
14.59
1.14
1.13
506.33
363.40
33
KOSP I INDEX
2,206.95
1,892.75
235.54
12.01
14.72
9.84
0.94
0.96
1,367,874.30
1,211.90
34
TA IWA N TA IEX INDEX
9,976.61
7,999.98
1,503.65
18.03
13.82
13.76
1.44
1.45
28,995.18
963.71
35
STOCK EXCH OF THA I INDEX
1,600.79
1,343.13
274.25
21.29
21.94
15.28
1.71
1.68
15,394.60
447.30
36
THA I SET 50 INDEX
1,009.23
850.23
179.84
22.11
19.86
14.86
1.77
1.77
9,797.79
284.68
37
HO CHI M INH STOCK INDEX
732.87
589.97
128.55
22.20
12.53
13.73
1.72
1.67
1,722,436.61
75.75
Source: Bloomberg, Sinarmas Investment Research
www.sinarmassekuritas.co.id
See important disclaimer at the end of this report
4
LQ45 L Q 4 5 In d e x
2 5 -A p r -1 7
5 2 -W E E K
C H A N G E Y TD
H IG H
LOW
P O IN T
1 4 ,5 0 0
1 7 ,9 5 0
1 3 ,1 2 6
1
A A L I IJ
2
A D H I IJ
2 ,2 7 0
2 ,9 1 0
1 ,8 3 0
3
A D R O IJ
1 ,8 4 5
1 ,9 4 0
655
4
A K R A IJ
6 ,6 0 0
7 ,1 0 0
5 ,4 0 0
5
A N TM IJ
6
A S II IJ
7
A S R I IJ
8 9
(6 0 3 )
%
P E R (x ) 2015
P B V (x )
2016E
2015
2016E
M A R K ET C A P (B n )
(3 . 9 9 )
4 0 .3 2
1 4 .3 6
2 .2 1
1 .5 9
130
6 .0 7
1 4 .0 8
1 3 .7 2
1 .4 8
1 .3 2
8 ,0 8 3 .1 3
1 ,3 3 0
2 5 8 .2 5
7 .7 9
1 1 .5 7
0 .4 1
1 .3 0
5 9 ,0 1 4 .1 0
2 7 .3 1
2 1 .1 8
4 .6 5
3 .4 1
2 6 ,4 0 0 .9 4
(5 7 5 )
(8 . 0 1 )
700
1 ,0 0 5
615
386
1 2 2 .9 3
6 1 .0 5
0 .4 1
0 .9 3
1 6 ,8 2 1 .5 4
9 ,0 2 5
9 ,3 5 0
6 ,0 0 0
3 ,0 2 5
5 0 .4 2
1 6 .7 8
1 8 .4 6
2 .3 8
2 .9 6
3 6 5 ,3 6 4 .0 7
348
585
332
5
1 .4 6
1 2 .0 8
8 .6 1
1 .0 4
0 .8 8
6 ,8 3 8 .0 0
B B C A IJ
1 7 ,4 0 0
1 7 ,7 5 0
1 2 ,6 2 5
4 ,1 0 0
3 0 .8 3
1 8 .2 1
1 8 .7 2
3 .6 7
3 .3 3
4 2 8 ,9 9 7 .1 6
B B N I IJ
6 ,2 0 0
6 ,9 5 0
4 ,2 7 0
1 ,2 1 0
2 4 .2 5
1 0 .2 6
8 .6 3
1 .2 1
1 .2 2
1 1 5 ,6 2 1 .6 7
10
B B R I IJ
1 3 ,1 2 5
1 3 ,2 5 0
9 ,5 2 5
1 ,7 0 0
1 4 .8 8
1 1 .0 9
1 1 .5 5
2 .4 8
1 .9 8
3 2 3 ,7 8 2 .7 5
11
B B TN IJ
2 ,3 5 0
2 ,3 9 0
1 ,5 6 0
1 ,0 5 5
8 1 .4 7
7 .4 0
8 .4 7
0 .9 9
1 .1 5
2 4 ,8 8 6 .5 0
12
B M R I IJ
1 1 ,5 5 0
1 2 ,4 2 5
8 ,6 5 0
2 ,3 0 0
2 4 .8 6
1 0 .6 1
1 3 .4 5
1 .8 4
1 .6 6
2 6 9 ,5 0 0 .0 0
13
B U M I IJ
408
520
50
358
7 1 6 .0 0
-
3 .4 1
1 4 ,9 4 3 .8 2
14
B S D E IJ
1 ,8 1 0
2 ,3 8 0
1 ,5 5 0
10
0 .5 6
1 5 .9 2
1 4 .6 5
1 .8 4
1 .4 9
3 4 ,8 3 6 .5 2
15
C P IN IJ
3 ,3 7 0
4 ,0 2 0
2 ,8 5 0
770
2 9 .6 2
2 4 .5 5
1 6 .1 4
3 .3 4
3 .2 6
5 5 ,2 6 1 .2 6
16
EL S A IJ
380
620
372
133
5 3 .8 5
4 .8 1
7 .0 9
0 .6 9
0 .8 7
2 ,7 7 3 .4 3
17
G G R M IJ
6 4 ,5 0 0
7 7 ,9 5 0
5 9 ,2 2 5
9 ,5 0 0
1 7 .2 7
1 6 .4 4
1 6 .2 9
2 .7 9
2 .7 8
1 2 4 ,1 0 3 .6 8
18
H M S P IJ
3 ,8 8 0
4 ,2 5 0
3 ,5 6 0
120
3 .1 9
3 2 .3 0
3 3 .1 8
1 3 .6 6
1 2 .4 8
4 5 1 ,3 1 4 .1 4
19
IC B P IJ
8 ,5 0 0
1 0 ,2 7 5
7 ,3 7 5
1 ,7 6 2
2 6 .1 5
2 6 .1 9
2 5 .5 9
5 .0 8
5 .0 3
9 9 ,1 2 6 .2 2
20
IN C O IJ
2 ,1 5 0
3 ,6 3 0
1 ,4 9 0
515
3 1 .5 0
2 1 .2 1
3 2 .3 6
0 .6 4
0 .8 4
2 1 ,3 6 3 .1 3
21
IN D F IJ
8 ,1 0 0
9 ,2 0 0
6 ,8 0 0
2 ,9 2 5
5 6 .5 2
1 7 .6 6
1 5 .8 3
1 .6 7
2 .2 0
7 1 ,1 2 1 .4 5
22
IN TP IJ
1 6 ,3 0 0
2 0 ,0 0 0
1 4 ,2 7 5
(6 , 0 2 5 )
(2 6 . 9 9 )
1 8 .8 6
1 6 .9 2
3 .4 4
2 .1 2
6 0 ,0 0 4 .0 8
23
J S M R IJ
4 ,4 6 0
5 ,6 6 2
3 ,9 0 0
(7 5 3 )
(1 4 . 4 4 )
2 3 .5 9
1 7 .1 0
3 .4 1
2 .1 6
3 2 ,3 7 0 .1 1
24
K L B F IJ
1 ,6 0 0
1 ,8 1 5
1 ,2 9 5
280
2 1 .2 1
3 1 .0 7
2 9 .4 4
5 .9 1
5 .6 0
7 5 ,0 0 0 .2 0
25
L P K R IJ
805
1 ,2 1 5
690
(2 3 0 )
(2 2 . 2 2 )
4 4 .0 2
1 6 .7 0
1 .4 4
0 .9 3
1 8 ,5 7 7 .5 4
26
L P P F IJ
1 3 ,4 5 0
2 2 ,5 7 5
1 1 ,1 7 5
(4 , 1 5 0 )
(2 3 . 5 8 )
2 8 .8 5
1 7 .4 8
4 6 .4 3
1 4 .0 1
3 9 ,2 4 6 .0 0
27
L S IP IJ
1 ,3 7 0
1 ,9 0 5
1 ,3 3 0
50
3 .7 9
1 4 .5 1
1 2 .3 5
1 .2 3
1 .1 5
9 ,3 4 7 .3 2
28
M N C N IJ
1 ,8 0 5
2 ,4 1 5
1 ,4 7 0
(5 0 )
(2 . 7 0 )
2 1 .9 0
1 5 .9 1
2 .8 9
2 .6 5
2 5 ,7 6 8 .3 7
29
EX C L IJ
3 ,1 9 0
3 ,9 5 0
2 ,0 3 0
(4 1 0 )
(1 1 . 3 9 )
30
M YR X IJ
139
192
108
12
9 .4 5
31
P G A S IJ
2 ,5 0 0
3 ,5 2 0
2 ,1 7 0
32
P TB A IJ
1 2 ,6 7 5
1 4 ,2 0 0
6 ,1 2 5
33
P TP P IJ
3 ,2 3 0
4 ,6 1 0
3 ,0 0 0
34
P W O N IJ
635
765
482
35
S C M A IJ
2 ,8 9 0
3 ,5 5 0
2 ,1 3 0
36
P P R O IJ
268
372
70
37
S M G R IJ
8 ,9 7 5
1 1 ,8 7 5
8 ,0 5 0
(2 , 4 2 5 )
38
S M R A IJ
1 ,3 9 5
1 ,9 7 0
1 ,2 2 5
(2 5 5 )
39
S R IL IJ
310
496
204
(7 9 )
(2 0 . 3 1 )
9 .4 6
1 .8 9
-
40
S S M S IJ
1 ,6 4 0
1 ,9 2 0
1 ,3 0 0
(3 1 0 )
(1 5 . 9 0 )
3 7 .3 6
2 1 .3 0
6 .1 6
3 .9 2
1 5 ,6 2 1 .0 0
41
TL K M IJ
4 ,4 2 0
4 ,5 7 0
3 ,4 1 0
1 ,3 2 9
4 3 .0 0
1 9 .5 9
1 9 .4 0
4 .0 4
4 .5 7
4 4 5 ,5 3 5 .9 8
42
U N TR IJ
2 6 ,6 0 0
2 9 ,4 5 0
1 2 ,5 5 0
9 ,6 5 0
5 6 .9 3
1 6 .4 0
1 5 .4 5
1 .6 7
2 .2 1
9 9 ,2 2 1 .5 9
43
U N V R IJ
4 5 ,3 0 0
4 7 ,8 0 0
3 7 ,8 2 5
8 ,3 0 0
2 2 .4 3
4 8 .2 6
4 8 .3 4
5 8 .4 8
6 2 .1 3
3 4 5 ,6 3 9 .0 0
44
W IK A IJ
2 ,3 6 0
3 ,1 3 9
2 ,0 3 7
2 5 .7 4
1 7 .4 0
3 .7 1
1 .7 0
2 1 ,1 6 9 .0 9
45
W S K T IJ
2 ,3 8 0
2 ,8 6 0
2 ,1 2 0
2 0 .6 6
1 3 .6 2
2 .3 7
2 .0 5
3 2 ,3 0 5 .4 3
(2 4 5 ) 8 ,1 5 0
(8 . 9 3 ) 1 8 0 .1 1
-
2 7 ,9 0 7 .9 8
-
-
6 .1 4
7 0 .8 9
2 .2 1
1 .5 6
3 4 ,0 9 4 .5 9
1 1 1 .7 0
1 0 8 .1 7
8 .9 2
1 9 0 .4 1
1 0 ,9 4 1 .9 7
1 1 .9 6
1 1 .0 7
1 .5 9
1 .3 9
6 0 ,6 0 3 .7 7
4 .8 2
9 .7 6
1 .0 4
2 .2 5
2 9 ,2 0 4 .8 7
4 .2 5
1 .8 7
2 0 ,0 2 5 .6 7
(4 5 3 )
(1 2 . 3 0 )
2 5 .4 0
1 3 .8 7
139
2 8 .0 2
1 8 .9 3
1 5 .1 4
3 .3 1
2 .8 5
3 0 ,5 8 1 .3 5
2 9 .6 5
2 3 .4 5
1 4 .4 1
1 0 .3 3
4 2 ,2 5 6 .4 3
7 .0 9
3 4 .5 8
0 .9 9
-
1 6 ,3 2 8 .9 3
(2 1 . 2 7 )
1 4 .9 5
1 3 .7 3
2 .5 6
1 .7 1
5 3 ,2 3 5 .3 9
(1 5 . 4 5 )
2 7 .9 0
4 4 .4 6
3 .9 6
2 .9 1
2 0 ,1 2 5 .3 6
(2 1 0 ) 224
(8 5 ) 710
(6 . 7 7 ) 5 0 9 .0 9
(3 . 4 8 ) 4 2 .5 1
-
5 ,7 6 3 .8 0
Source: Bloomberg, Sinarmas Investment Research
www.sinarmassekuritas.co.id
See important disclaimer at the end of this report
5
Macro data S e c t o rs D e s c ript io n
1- D a y ( %)
P ro perty
5 - D a ys ( %) 1- M o nt h ( %)
0.35
B asic Industry
Y T D ( %)
0.76
0.72
(1.49)
1.02
0.62
5.24
13.50
(0.34)
(0.26)
0.98
6.27
Finance
0.69
0.60
0.41
8.71
M iscellaneo us Industry
Trade
(1.25)
4.96
5.22
10.72
Co nsumer
0.10
0.43
0.96
5.02
Infrastructure
0.88
4.72
5.77
9.38
(0.25)
(1.73)
(0.33)
(2.45)
0.20
(1.07)
2.54
10.51
M a r- 17
F e b- 17
1.19
7.76
A griculture M ining
E c o no m ic Indic a t o rs E c o no m ic P a ra m e t e rs Inflatio n YTD (in %) Inflatio n Yo Y (in %)
3.61
3.83
Inflatio n M o M (in %)
-0.02
0.23
Fo reign Reserves (in USD bn)
121.81
119.86
GDP Gro wth Qo Q (in %)
-1.77
GDP Gro wth Yo Y (in %)
4.94
F OR EX
S po t R a t e
USD/IDR
13,278.00
1- D a y ( %) 1- M o nt h ( %)
5.01
Y T D ( %)
0.05
0.24
1.47
USD/CNY
6.89
(0.02)
(0.19)
0.85
USD/EUR
0.91
(0.08)
(0.66)
(3.80)
USD/JP Y
111.24
(0.13)
(0.52)
5.14
USD/SGD
1.39
0.06
0.02
3.85
USD/A UD
1.33
(0.11)
0.99
(4.54)
USD/GB P
0.78
0.00
(2.16)
(3.83)
Le nding a nd D e po s it R a t e s
( in %)
JIB OR (in IDR)
7.25
LIB OR (in GB P )
0.69
SIB OR ( in USD)
1.46
Indo nesia 5-Year Go vernment B o nds Yield
6.72
Indo nesia 10-Year Go vernment B o nds Yield
7.07
Source: Bloomberg, Sinarmas Investment Research
www.sinarmassekuritas.co.id
See important disclaimer at the end of this report
6
State Budget INDICATOR
2016
2017
APBNP
RAPBN
5,2%
5,3%
13500
13300
GDP Growth (%, YoY) Exchange rate (USD/IDR) Inflation (%, YoY)
4%
4%
3 Months SPN (%)
5,5%
5,3%
Indonesian Crude Oil (USD/barrel)
40
45
Oil Lifting ( thousands barrel/day)
820
780
Gas Lifting (thousands, BOE/day)
1.11
1.15
Total State Budget (in IDR trillion)
1786
1737
Upcoming IPO Company
Business
IPO Price (Rp)
Issued Shares (Mn)
Offering Date (2016)
Listing
Underwriter
Dividend Stock
DPS (Rp)
Status
Cum Date
Ex Date
Recording
Payment
XCID
1.4833
Cash
02/03/2017
03/03/2017
07/03/2017
21/03/2017
BJTM
43.64
Cash
07/02/2017
08/02/2017
10/02/2017
02/03/2017
Rights Issue Ticker BKSL
Ratio 3
:
5
Price (Rp)
Cum Date
EX Date
Trading
112
30/03/2017
31/03/2017
06/04/2017 - 12/04/2017
30/03/2017
31/03/2017
06/04/2017 - 12/04/2017
PPRO
07/03/2017
08/03/2017
15/03/2017 - 21/03/2017
POOL
LEAD 1
:
4
250
06/03/2017
07/03/2017
13/03/2017 - 17/03/2017
RIMO
597
:
5
101
06/03/2017
07/03/2017
13/03/2017 - 17/03/2017
BPFI
100
:
613
284
02/03/2017
03/03/2017
09/03/2017 - 15/03/2017
27/02/2017
28/02/2017
08/03/2017 - 14/03/2017
LEAD PSKT
3
:
5
100
09/02/2017
10/02/2017
16/02/2017 - 22/02/2017
BULL
1
:
1
100
06/01/2016
07/02/2017
13/02/2017 - 21/02/2017
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See important disclaimer at the end of this report
Picks of The Day
Wednesday, April 26, 2017
PGAS - Daily 4/25/2017 4:14:32 PM Open 2440, Hi 2510, Lo 2440, Clos e 2500 (3.7%) MA(Clos e,50) = 2,629.60 3,500 3,400 3,300 3,200 3,100 3,000 2,900 2,800 2,700 2,629.6 2,600 2,500 2,500 2,400 2,300 2,200 Apr May Jun Jul Aug PGAS - MACD(12,26) = -48.72, Signal(12,26,9) = -56.33
Sep
Oct
Nov
Dec
2017
Feb
Mar
Apr 200 100
Apr May Jun Jul Aug PGAS - Stoch %K(15,3) = 33.33, Stoch %D(15,3,3) = 22.41
Sep
Oct
Nov
Dec
2017
Feb
Mar
Apr
0 -48.7206 -56.3323 -100
80 33.3333 20 22.4114 PGAS - RSI(15) = 48.08 70 48.0774 30 C reat ed wit h Am iBrok er - adv anc ed c hart ing and t ec hnic al analy s is s of t ware. ht t p: / / www. am ibrok er. c om
PGAS : Trading Buy PGAS memiliki indikator MACD dan Rsi yang mengindikasikan pola Uptrend. PGAS berhasil menembus Resistance pada level harga 2500 dan terbuka peluang untuk mencoba level Resistance pada level 2530 dalam jangka pendek. Trading Range : 2460 — 2550. Fundamental :
SMGR - Daily 4/25/2017 4:09:21 PM Open 8825, Hi 8975, Lo 8800, Clos e 8975 (3.2%) MA(Clos e,50) = 9,197.50
12,000
11,500
11,000
10,500
10,000
9,500 9,197.5 9,000 8,975
8,500
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
2017
Feb
Mar
Apr
8,000
SMGR - MACD(12,26) = -104.72, Signal(12,26,9) = -95.16 400 200 -95.1643 -104.7160 -200 -400 Apr May Jun Jul Aug SMGR - Stoch %K(15,3) = 23.19, Stoch %D(15,3,3) = 12.95
Sep
Oct
Nov
Dec
2017
Feb
Mar
Apr 80
23.1884 20 12.9478 SMGR - RSI(15) = 49.07
70 49.0667 30
C reat ed wit h Am iBrok er - adv anc ed c hart ing and t ec hnic al analy s is s of t ware. ht t p: / / www. am ibrok er. c om
SMGR : Trading Buy SMGR memiliki indikator Stoc osc , MACD dan Rsi yang mengindikasikan pola Uptrend. SMGR berhasil menembus Resistance pada level 8950 dan terbuka peluang untuk mencoba level Resistance pada level 9050 dalam jangka pendek, Trading range : 8850 — 9200. Fundamental :
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See important disclaimer at the end of this report
Picks of The Day BBRI - Daily 4/25/2017 4:09:16 PM Open 13000, Hi 13150, Lo 13000, Clos e 13125 (1.5%) MA(Clos e,50) = 12,450.00 13,125 13,000
12,500 12,450
12,000
11,500
11,000
10,500
10,000
Apr May Jun Jul Aug BBRI - MACD(12,26) = 106.42, Signal(12,26,9) = 138.67
Sep
Apr May Jun Jul Aug BBRI - Stoch %K(15,3) = 61.62, Stoch %D(15,3,3) = 48.15
Sep
Oct
Nov
Dec
2017
Feb
Mar
Apr
9,500 400 138.668 200 106.422 0 -200
Oct
Nov
Dec
2017
Feb
Mar
Apr 80 61.6162 48.1481 20
BBRI - RSI(15) = 59.70 70 59.7019 30 C reat ed wit h Am iBrok er - adv anc ed c hart ing and t ec hnic al analy s is s of t ware. ht t p: / / www. am ibrok er. c om
BBRI : Trading Buy
BBRI memiliki indikator Macd, Stoc osc dan Rsi mengindikasikan pola Uptrend, BBRI berhasil menembus Resistance di level harga 13100 sehingga terbuka peluang untuk menguji Resistance dalam jangka pendek pada level harga 13250 Trading Range : 12950 — 13400. Fundamental :
GGRM - Daily 4/25/2017 4:10:27 PM Open 64200, Hi 64500, Lo 63650, Clos e 64500 (0.5%) MA(Clos e,50) = 64,398.50 78,000
76,000
74,000
72,000
70,000
68,000
66,000 64,500 64,398.5 64,000
62,000
60,000
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
2017
Feb
Mar
Apr
GGRM - MACD(12,26) = -97.64, Signal(12,26,9) = 279.12
2,000 1,000 279.122 -97.64440 -1,000
Apr May Jun Jul Aug GGRM - Stoch %K(15,3) = 11.66, Stoch %D(15,3,3) = 8.94
Sep
Oct
Nov
Dec
2017
Feb
Mar
Apr 80
20 11.6585 GGRM - RSI(15) = 46.42
70 46.4171
C reat ed wit h Am iBrok er - adv anc ed c hart ing and t ec hnic al analy s is s of t ware. ht t p: / / www. am ibrok er. c om
30
GGRM : Buy on Weakness GGRM memiliki indikator Macd, dan Rsi mengindikasikan pola Uptrend, GGRM belum berhasil menembus Resistance di level harga 64625 sehingga terbuka peluang untuk menguji Support dalam jangka pendek pada level harga 64200 Trading range : 63500 — 65100. Fundamental :
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Trading View These recommendations are based on technical indicators and are suitable for daily trading purposes. TICKER REC PRICE ENTRY EXIT S2 S1 AGRICULTURE AALI BoW 14,500 14,400 14,600 14,300 14,400 LSIP BoW 1,370 1,350 1,385 1,335 1,350 BWPT Sell 320 320 314 308 314 Finance BMRI BoW 11,550 11,450 11,675 11,350 11,450 BBRI Buy 13,125 13,125 13,250 12,950 13,050 BBCA BoW 17,400 17,250 17,600 17,100 17,250 BBNI BoW 6,200 6,125 6,250 6,000 6,125 BBTN Buy 2,350 2,350 2,380 2,280 2,320 BJTM Buy 700 700 720 650 680 BJBR BoW 2,040 2,000 2,080 1,960 2,000 CONSUMER GOODS INDF BoW 8,100 8,025 8,150 7,950 8,025 ICBP Buy 8,500 8,500 8,600 8,300 8,400 GGRM BoW 64,500 64,200 65,100 63,500 64,200 UNVR BoW 45,300 45,150 45,500 44,950 45,150 CPIN Buy 3,370 3,370 3,400 3,310 3,340 BASIC & MISC Industry ASII BoW 9,025 8,975 9,150 8,850 8,975 SMGR Buy 8,975 8,975 9,050 8,750 8,850 INTP BoW 16,300 16,100 16,500 15,900 16,100 SMCB BoW 905 895 915 885 895 INFRASTRUCTURE TLKM BoW 4,420 4,350 4,460 4,250 4,350 PGAS Buy 2,500 2,500 2,530 2,420 2,460 JSMR BoW 4,460 4,430 4,490 4,400 4,430 TBIG Buy 6,075 6,075 6,125 5,875 5,975 RETAIL MAPI BoW 6,175 6,125 6,225 6,075 6,125 RALS Buy 1,175 1,145 1,210 1,120 1,145 ACES Buy 930 930 950 880 910 MPPA BoW 920 910 940 900 910 MINING PTBA BoW 12,675 12,575 12,825 12,425 12,575 ADRO BoW 1,845 1,830 1,860 1,810 1,830 ITMG BoW 19,100 18,600 19,500 18,200 18,600 ANTM BoW 700 690 710 680 690 TINS Sell 940 930 950 910 930 UNTR Sell 26,600 26,600 26,500 26,200 26,500 PROPERTY & CONSTRUCTION ASRI BoW 348 342 352 338 342 LPKR Buy 805 805 825 745 775 CTRA BoW 1,300 1,290 1,320 1,265 1,290 APLN BoW 212 208 216 204 208 SMRA BoW 1,395 1,380 1,410 1,360 1,380 SSIA Sell 710 710 690 670 690 BSDE BoW 1,810 1,790 1,840 1,760 1,790 PTPP BoW 3,230 3,180 3,250 3,160 3,180 WSKT BoW 2,380 2,350 2,410 2,335 2,350 WIKA BoW 2,360 2,340 2,390 2,310 2,340 ADHI BoW 2,270 2,250 2,300 2,230 2,250
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R1
R2
EXPLANATION
14,600 1,385 324
14,750 Gravestone doji 1,410 Black spinning top 330 Stoc osc : downtrend
11,675 13,250 17,600 6,250 2,380 720 2,080
11,800 13,400 17,800 6,350 2,430 750 2,120
Black spinning top Morning star Stoc osc : uptrend White spinning top Stoc osc : uptrend Morning star Rsi : neutral
8,150 8,600 65,100 45,500 3,400
8,250 8,700 65,500 45,800 3,440
Long legged doji Stoc osc : uptrend Rsi : uptrend Rsi : downtrend Stoc osc : uptrend
9,150 9,050 16,500 915
9,250 9,200 16,700 925
Stoc osc : uptrend Morning star Rsi : reversal Rsi : reversal
4,460 2,530 4,490 6,125
4,520 2,550 4,520 6,175
Stoc osc : uptrend Morning star Black spinning top Rsi : uptrend
6,225 1,210 950 940
6,325 1,240 970 950
White spinning top Rsi : uptrend Stoc osc : reversal Macd : downtrend
12,825 1,860 19,500 710 950 26,950
12,975 1,890 19,800 730 970 27,300
Rsi : uptrend Macd : downtrend White spinning top Doji Stoc osc : downtrend Macd : downtrend
352 825 1,320 216 1,410 735 1,840 3,250 2,410 2,390 2,300
356 845 1,340 220 1,440 760 1,860 3,300 2,440 2,410 2,340
Black spinning top Stoc osc : uptrend Stoc osc : overbought Stoc osc : downtrend Stoc osc : uptrend Macd : downtrend Black spinning top Rsi : uptrend Black spinning top Macd : uptrend Rsi : downtrend
See important disclaimer at the end of this report
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HEAD OF RESEARCH
SENIOR EQUITY ANALYST
Banking, Telecommunication, Automotive
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Evan Lie Hadiwidjaja
Tel: +62 21 3925550 Ext: 610
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Consumer Goods, Tobacco, Plantation Tel: +62 21 3925550 Ext: 611
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Retail, Media, Healthcare
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James Wahjudi
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Construction, Cement
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This material is issued by PT Sinarmas Sekuritas, a member of Indonesia Stock Exchanges, represent the opinion of PT Sinarmas Sekuritas, derived its judg-
ment from sources deemed reliable, however, PT Sinarmas Sekuritas and its affiliated cannot guarantee its accuracy and completeness. PT Sinarmas Sekuritas or its affiliates may be involved in transactions contrary to any opinion herein or have positions in the securities recommended herein and may seek or
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