CIMB-GK Securities Mulai Lepas Saham Berlian Laju Tanker

Broker CIMB-GK Securities mulai menjual saham Berlian Laju Tanker (BLTA), setelah sejak akhir September lalu mengakumulasi saham ini di harga Rp 245 hingga Rp 270. Aksi jual mulai dilakukan hari ini oleh broker berkode YU ini dengan volume 47.850 lot. Meski menjual, broker ini masih membeli 22.210 lot, sehingga membukukan net selling 25.640 lot.

Aksi jual dan beli oleh broker CIMB dilakukan oleh nasabah lokal. Sedangkan broker terbanyak yang memborong saham BLTA adalah Phillip Securities Indonesia sebanyak 108.927 lot di harga rata-rata Rp 336.


Investor asing melakukan aksi jual melalui broker Deutsche Securities Indonesia, dengan volume 50 ribu lot. Meski mengalami aksi jual, harga saham BLTA naik 7,94% menjadi Rp 340 sekaligus mencetak rekor tertinggi saham ini pasca-rights issue Rp 220/saham.


Lihat berita juga:
2 Hari, CIMB-GK Securities Borong 185 Ribu Lot Saham BLTA

1	KK	PHILLIP SECURITIES INDONESIA	329	108,927	336.26	177	27,025	332.35	81,902	135,952
2	FS	AMCAPITAL INDONESIA	142	66,637	333.55	120	22,673	332.69	43,964	89,310
3	MG	SEMESTA INDOVEST	86	38,869	330.93	24	5,188	334.13	33,681	44,057
4	KZ	CLSA INDONESIA	152	24,000	339.58	-	-	-	24,000	24,000
5	AI	UOB KAY HIAN SECURITIES	149	66,855	339.72	161	44,647	339.72	22,208	111,502
6	CC	MANDIRI SEKURITAS	150	30,183	337.19	54	8,530	330.67	21,653	38,713
94	YU	CIMB-GK SECURITIES INDONESIA	70	22,210	335.77	144	47,850	330.96	-25,640	70,060
95	HD	HORTUS DANAVEST TBK.	5	640	318.91	103	30,950	325.05	-30,310	31,590
96	GR	PANIN SEKURITAS TBK.	136	33,160	333.23	255	65,039	333.93	-31,879	98,199
97	CP	VALBURY ASIA SECURITIES	102	16,921	332.00	182	49,370	337.74	-32,449	66,291
98	DB	DEUTSCHE SECURITIES INDONESIA	-	-	-	28	50,000	335.00	-50,000	50,000

Mandiri Sekuritas Borong 1,08 Juta Saham Bakrie Brothers!!!!

Mandiri Sekuritas memborong 1,08 juta lot saham Bakrie Brothers (BNBR). Angka yang luar biasa banyaknya. Bandingkan dengan broker-broker lain, seperti CLSA Indonesia yang hanya membeli 269 ribu, Credit Suisse Securities Indonesia 102.108 lot, dan CIMB-GK Securities Indonesia sebanyak 136.300 lot.

Belum diketahui apa alasan investor lokal di Mandiri Sekuritas memborong saham BNBR sedemikian banyaknya. Besar kemungkinan karena rencana pembelian unit bisnis Flexi milik Telkom oleh Bakrie Telecom, melalui penukaran saham (share swap). BTEL akan menggelar rights issue untuk membeli Flexi. BTEL adalah salah satu anak usaha BNBR.

Aksi borong Mandiri Sekuritas ini membuat harga saham BNBR naik Rp 6 atau 10,91% menjadi Rp 61. Selain menggunakan Mandiri Sekuritas, investor lokal juga terlihat memborong saham BNBR melalui broker CLSA Indonesia dan CIMB-GK Securities Indonesia.


Satu-satunya aksi beli oleh investor asing dilakukan melalui broker Credit Suisse Securities Indonesia. Broker ini membeli bersih saham BNBR tanpa menjual sama sekali, bersama dengan CLSA Indonesia.

1	CC	MANDIRI SEKURITAS	1441	1,088,086	59.46	96	113,397	59.12	974,689	1,201,483
2	KZ	CLSA INDONESIA	241	269,000	59.22	-	-	-	269,000	269,000
3	CS	CREDIT SUISSE SECURITIES INDONESIA	226	102,188	59.04	-	-	-	102,188	102,188
4	YU	CIMB-GK SECURITIES INDONESIA	127	136,300	58.97	48	39,918	59.67	96,382	176,218
5	BM	MERIDIAN CAPITAL	133	143,400	59.86	31	50,200	59.60	93,200	193,600
98	AI	UOB KAY HIAN SECURITIES	25	22,576	60.00	187	109,918	59.24	-87,342	132,494
99	DR	NUSADANA CAPITAL INDONESIA	76	47,700	57.68	113	202,198	59.31	-154,498	249,898
100	PD	INDO PREMIER SECURITIES	201	77,413	59.03	551	250,038	59.24	-172,625	327,451
101	YP	ETRADING SECURITIES	347	158,934	58.11	879	410,392	59.29	-251,458	569,326

Bakrie Telecom to buy Telkom unit for $1 bln-sources

Indonesian mobile phone firm PT Bakrie Telecom (BTEL) is set to acquire the CDMA unit of PT Telekomunikasi Indonesia (TLKM) in a share swap deal worth up to $1 billion, sources with direct knowledge of the deal told Reuters on Wednesday.

The deal, in which Bakrie Telecom will issue new shares and swap them for Telkom's CDMA assets worth between 7 to 9 trillion rupiah ($1.01 billion), may be signed in November or December, said two sources, who declined to be identified because the talks were not public.

"Both parties need to conduct one final valuation to complete the plan," said one of the sources. "We expect the deal will be fully completed by early next year."

Bakrie Telecom was not immediately available for comment, while a Telkom spokesman said talks on a deal were ongoing.

Bakrie Telecom, controlled by PT Bakrie & Brothers (BNBR), is already Indonesia's second-biggest CDMA operator and the acquisition would give it more than 90 percent of the CDMA market, according to an anti-trust agency. ($1=8937 Rupiah). Sources: Reuters

Rekomendasi HD Capital, 13 Oktober 2010

Untuk hari ini, Rabu 13 Oktober 2010, HD Capital merekomendasikan tiga saham pilihan untuk dibeli, yakni Astra International (ASII), PT Tambang Batubara Bukit Asam Tbk (PTBA), dan Perusahaan Gas Negara (PGAS). Sedangkan satu saham lainnya, yakni Alam Sutera Reality (ASRI) direkomendasikan untuk dijual.

 

BUY: (ASII, PTBA, PGAS) SELL: (ASRI)

• Ekspektasi positif terhadap laporan keuangan kuartal ketiga (Q3) dan beberapa data ekonomi  akhir bulan ini masih menunjang tren positif di IHSG.

• IHSG close (12-10) 3.553.340(+4.222/+0.12%) (Val.Rp.4.2T)

• Support: 3.525-3.490-3.450, Resistance: 3.580-3.660 

Stock picks:

 

1.    Astra International (ASII): (BUY) (Target: Rp 59.300) (close 12/10 Rp 57.200)

• Sentimen positif dari ekspektasi pasar bahwa penjualan mobil pda Oktober akan lebih tinggi dari September dapat mendorong kenaikan lebih lanjut di ASII.

• Outlook makro ekonomi yang positif masih menguntungkan sektor consumer durable seperti ASII.

• Entry: (1) Rp 57.200, Entry(2) Rp 56.800, Cut loss point: Rp 56.200

 

2.   PT Bukit Asam (PTBA) (BUY): (Target: Rp 21.750) (Close 12/10 Rp 20.650)

• Pullback yang terjadi pasca pencetakan new  high kemarin dapat digunakan sebagai kesempatan beli mengingat outlook harga batubara yang optimistis dan konsumen domestik yang tetap (PLN) sehingga tidak tergantung ke pangsa ekspor.

• Entry (1) Rp 20.250, (2) Rp 19.500, Cut loss point: Rp 18.900

 

3.   Alam Sutera (ASRI) (SELL): (Koreksi: Rp 250) (Close 12/10 Rp 275)

• Kenaikan saham yang melebihi prospek kinerja fundamental serta keadaan pasar yang terlalu jenuh beli (overbought) menyarankan untuk take profit  di emiten properti ini.

• Exit (1) Rp 280, Entry: (2) 290, Reverse posisi: Rp 300

 

4.   Perusahaan Gas  Negara (PGAS) (BUY) (Target: Rp 4.100) (close 12/10 Rp 3.900)

• Kebocoran pipa yang sudah teratasi serta outlook earnings yang masih optimistis oleh beberapa analis dapat menarik minat untuk akumulasi di PGAS sehingga skenario teknikal rebound dapat berjalan.

• Entry: (1) Rp 3.850, Entry (2) Rp 3.800, Cut-loss point: Rp 3.750

 

Dibuat oleh: 

Yuganur Wijanarko

Senior Research HD Capital. (Yuganur@hdx.co.id)

London Sumatera Target Price Upgrade To 13,200/share

PT Perusahaan Perkebunan London Sumatera Indonesia Tbk (LSIP) was raised to "Outperform" from "Neutral" at CIMB GK Securities by equity analyst Erwan Teguh. The 12 month target price is IDR 13,200 per share.

Copper May Flip Into Shortage This Year After Surplus, Standard Bank Says

Copper consumption will outpace supply this year by 58,000 metric tons as demand increases and supplies are disrupted, compared with a previous forecast for a surplus, Standard Bank Plc said. 

The bank revised its estimate last month of a surplus of 153,000 tons. The metal will have a shortage of 199,000 tons next year and about 457,000 tons in 2012, analyst Leon Westgate said in a report. Standard Bank said prices will average $8,700 a ton in 2012. It raised its 2011 lead and tin forecasts from last month, and cut estimates for aluminum and zinc. 

A “robust demand outlook for the fourth quarter, low stock levels, supply disruptions, a weak dollar” and improved risk appetite are positive for copper, Westgate wrote. Developing economies in Asia and a tightening concentrate market are also bullish longer-term, the bank said. 

Copper has surged 26 percent since the end of the second quarter, partly as stockpiles tracked by the London Metal Exchange dropped to the lowest level in almost a year. The U.S. Dollar Index, a six-currency gauge of the greenback’s strength, last week slumped to the lowest level in more than eight months. A weaker U.S. currency makes dollar-priced metals cheaper in terms of other monies. 

Copper for delivery in three months traded at $8,228 a ton at 11:16 a.m. on the LME. Prices are up 12 percent this year and yesterday reached the highest price since July 2008. Standard Bank maintained its copper forecast for this year and next at $7,375 and $7,900, respectively.

Long Way

“Copper prices have come a long way very quickly, and may suffer a pull-back or a period of consolidation in the short term,” Westgate said. “We nevertheless maintain our bullish stance towards the metal as the market looks towards continued economic growth in 2011 and supply concerns that loom on the horizon.” 

Standard Bank cut its 2011 aluminum forecast 3.2 percent to $2,430 a ton, and introduced a 2012 estimate of $2,510, and raised its 2011 lead outlook 1.2 percent to $2,480 and said the metal may average $2,590 in 2012. The bank maintained its nickel forecast for next year at $24,800 and said the metal will average $25,100 in 2012. 

Tin will average $25,000 a ton next year, up 7.8 percent from a previous forecast, and will average $26,100 in 2012, Standard Bank said. It cut its 2011 zinc estimate 3.9 percent to $2,450 and said prices will average $2,750 the following year. Source: Bloomberg

Indonesian Rubber Prices Advance to a Record on Shortage, Association Says

Rubber prices in Indonesia, the world’s second-largest producer, surged to a record $3.85 a kilogram today as heavy rains disrupted tapping, lowering production, according to the Rubber Association of Indonesia. 

The price may advance to $4 a kilogram by the end of the month because of a “supply shortage” while domestic demand keeps expanding, Asril Sutan Amir, the association’s chairman said by phone today.Source: Reuters

Berau Coal Energy to sell up to 20 pct stake -sources

PT Berau Coal Energy (BRAU),

Indonesia's No. 5 coal miner by output, plans to sell a 10 to
20 percent stake in a private placement this year, a deal
potentially worth $375 million, three sources with direct
knowledge of the matter said on Tuesday.

 Berau is in talks with Chinese, Indian, and Japanese
investors, one of the sources said, declining to name the
bidders. The sources declined to be identified because the plan
was not public.

"The plan by doing the placement is to reduce debt, but it
depends on market appetite," said another of the three sources.

Global miners, financial investors and Asian utilities are
keen to secure access to Indonesian thermal coal, which is used
in power plants. Indonesia is the world's top exporter of
thermal coal.

Berau was not immediately available for comment. Source: Reuters

Indonesia's Indosat eyes $1.4 bln tower sale -sources

* May sell 14,000 towers by end yr or early next yr - sources
* Indosat says picked Citigroup as strategic advisor
* Telkom and Tower Bersama may bid for the assets - sources 

PT Indosat (ISAT), Indonesia's No. 2 mobile phone provider, may sell up to 14,000 telecom towers worth about $1.4 billion in coming months, three sources with direct knowledge of the matter said on Tuesday.

Indonesia needs about $7 to $8 billion of annual investment to build telecom towers across Southeast Asia's biggest economy to boost coverage and tap strong mobile phone growth, though foreign investors are banned from owning or operating towers.

Indonesian state telecom firm PT Telekomunikasi Indonesia (TLKM) and private telecom tower operator PT Tower Bersama Infrastructure are likely bidders, said two of the sources, who declined to be identified because the plan was not public.

Indosat, controlled by Qatar Telecom QTEL.QA, confirmed it was considering a sale.

"We're still evaluating the options, we could sell it or retain it. Nothing is definite yet on the sale plan. It may be decided this year or next year," said Fadzri Sentosa, an Indosat director.

Sentosa said the company has appointed Citigroup as a strategic advisor on its tower assets.

Indonesia is one of the world's most crowded telecommunications markets, with 11 operators fighting for custom in a population of 237 million.

Indosat has 37.8 million subscribers, well behind PT Telkomsel, a subsidiary of PT Telekomunikasi Indonesia, with 88 million subscribers, but ahead of PT XL Axiata's (EXCL) 35 million.

Indosat had 17,372 base transceiver station (BTS) towers as of the first half of 2010, and is likely to use the proceeds of any sale to pay down debt and for expansion of its core business.

"Telkom may likely be the bidder as the company is currently consolidating its tower business, but the situation is still fluid, any local telco players could come in to bid for the assets," said one of the sources.

Telkom has said it plans capital expenditure of about $2 billion next year to finance infrastructure projects, and is also looking to expand through acquisitions in the region as it sees the domestic market maturing.

Tower Bersama, controlled by Saratoga Capital, has raised about $220 million for an initial public offering in late October, as more firms seek to raise capital from investors in a Jakarta stock market at record highs this year. Source: