Saham-saham yang dominan dibeli asing, 16 Agustus 2011

Saham-saham yang dominan dibeli asing, Selasa 16 Agustus 2011

Kode saham                       Volume                     Jual                    Beli

ADHI	4.910.000	0	303.000
ADMF	177.500	5.500	29.000
ADMG	43.323.000	355.000	949.000
AISA	26.679.500	250.000	805.500
AKRA	23.452.500	523.500	1.104.000
AMAG	43.258.000	250.000	1.200.000
AMFG	78.500	1.000	28.500
APLN	18.240.000	0	79.500
ARNA	2.665.500	0	1.050.000
ASBI	92.500	0	49.500
ASGR	11.258.500	205.000	4.247.500
ASIA	5.313.000	0	200.000
ASII	5.117.000	1.925.000	3.524.000
ASRI	78.172.000	28.181.500	31.726.500
BBCA	14.848.500	10.215.500	6.548.000
BBKP	8.867.500	1.015.000	2.623.500
BBNI	19.145.000	4.049.000	13.793.000
BBRI	54.259.000	8.432.000	27.812.000
BBTN	7.062.500	668.000	2.482.500
BHIT	22.404.500	0	900.500
BIPI	24.474.000	0	155.500
BISI	19.251.000	1.775.000	6.219.500
BKSL	108.944.500	235.000	16.243.500
BLTA	26.986.000	73.000	1.724.500
BNGA	257.000	0	72.500
BNLI	451.500	129.000	354.000
BPFI	10.500	0	10.500
BRAU	45.751.000	25.665.000	32.402.500
BRPT	3.216.500	0	364.000
BTPN	358.500	0	50.000
BUDI	1.490.500	0	66.500
BULL	18.757.500	46.000	12.000.000
BVIC	12.634.500	0	704.000
BWPT	15.345.000	2.982.000	4.867.500
BYAN	155.000	89.500	152.500
CFIN	18.346.500	0	3.128.500
CMNP	55.523.500	2.673.500	6.940.500
CNKO	123.996.000	3.596.500	28.509.000
COWL	112.218.500	0	550.000
CPIN	23.168.500	3.176.500	5.311.500
CTRA	9.153.500	153.000	349.500
CTRP	6.064.000	120.000	540.000
CTRS	2.027.500	0	210.500
DEWA	251.598.500	500	4.741.500
DILD	83.805.500	350.000	760.500
DOID	60.087.500	3.232.000	18.999.500
EKAD	12.728.500	0	350.000
ELSA	3.580.500	0	138.000
ELTY	231.447.000	50.000	8.452.000
ENRG	856.922.500	7.604.500	63.017.000
GGRM	1.564.500	499.000	1.011.000
GIAA	4.704.500	0	360.500
GJTL	4.077.500	161.500	311.500
GZCO	2.705.500	0	76.000
HEXA	143.500	0	84.500
IMAS	1.375.000	134.500	1.141.000
INDS	897.500	0	25.000
ISAT	1.549.500	366.500	577.500
ITMG	1.294.000	119.000	187.500
JPFA	3.643.500	0	317.500
JSMR	22.597.000	1.306.000	9.948.500
KBRI	891.500	0	50.500
KIJA	794.879.000	123.042.500	578.000
KKGI	274.500	60.500	197.500
KRAS	12.564.000	0	1.356.000
LPCK	84.360.000	1.404.500	24.994.000
MAIN	29.158.500	448.000	5.762.500
MAPI	2.054.500	161.500	223.000
MDLN	114.010.500	1.511.500	4.000.000
MDRN	196.500	56.000	161.000
MLIA	103.000	0	19.500
MLPL	6.191.500	0	100.000
MNCN	6.003.500	750.000	3.429.500
MPPA	1.518.500	0	86.000
MTLA	3.503.000	318.500	1.200.000
NIKL	209.694.500	30.000	208.000
POLY	11.056.500	0	75.000
PTIS	215.000	0	2.500
PTPP	12.619.500	0	16.500
PWON	17.411.500	0	587.000
RALS	4.344.500	400.000	771.000
ROTI	197.000	25.000	105.500
RUIS	2.812.000	0	100.000
SCMA	138.500	0	43.500
SGRO	2.361.500	0	1.637.000
SIPD	97.036.500	0	27.600.000
SMGR	9.209.500	2.129.500	2.764.500
SMSM	97.500	0	26.000
STAR	59.578.000	0	40.000
TBIG	1.432.500	0	139.500
TBLA	11.751.000	0	1.099.000
TRAM	60.183.500	0	269.000
TRIO	742.000	195.000	262.500
TRUB	61.653.500	0	1.000.000
ULTJ	593.500	0	365.500
UNSP	128.508.500	4.050.000	13.625.500
UNVR	1.847.500	885.000	929.500

Bumi Plc Booked Underlying Operating Profit US$ 62 Million

Bumi plc's ("Bumi") first set of financial results includes its ownership of PT Berau Coal Energy ("PT Berau") and 25% interest in PT Bumi Resources ("PT Bumi Resources"), from 4 March 2011, when the acquisition of the two interests became effective. Since then, the group has increased its ownership in PT Berau to 85%, and in PT Bumi Resources to 29%. PT Berau has been fully consolidated as a subsidiary and PT Bumi Resources has been reported using the equity accounting method.

Bumi's operating profit for the period was $62 million, with underlying earnings of $54 million. EBITDA was $146 million. Strong demand for thermal coal, driven by increased consumption levels from Asia, particularly India, resulted in supportive demand conditions overall. Approximately 90% of total coal sales (on a gross revenue basis) went to exports, with around 10% to domestic Indonesian sales.

Average Free-On-Board (FOB) selling prices for the Group were 33% higher than the prior period, more than offsetting production costs of sales, which increased by 18%. Cost pressures were mainly due to a 13% increase in the stripping ratio, greater distances from the coal mined to the coal processing plant, higher fuel prices, and higher contractor costs.

Following the mandatory takeover offer made to PT Berau's minority shareholders, Bumi increased its holding in PT Berau from 75% to 85% for a total amount of $214 million. Group cash at 30 June 2011 was $467 million. $30 million of dividends payable to Bumi, which were declared by PT Bumi Resources in respect of 2010, were paid on 15 August 2011.

The Group is embarking on a major expansion of production at its existing mines in both PT Berau and PT Bumi Resources. Capital expenditure for 2011 is expected to be $106 million for PT Berau and $310 million for PT Bumi Resources, on a 100% basis. 

For 2011, PT Berau is currently forecast to produce 20 million tonnes, an increase from 17 million tonnes in 2010 and PT Bumi Resources' operations are expected to produce 66 million tonnes, an increase from 60 million tonnes in 2010.

Performance of Berau Coal

PT Berau recorded a strong operating performance for the first half of 2011. Despite high levels of rainfall PT Berau produced 9.0 million tonnes of coal, a 41% increase over the prior period, and recorded sales of 9.6 million tonnes of coal.

PT Berau's average selling price for the period was $75/tonne. Production costs at PT Berau were $35/tonne. The increase from the prior period is mainly due to an increase in the stripping ratio, greater haulage distances (between the coal mined and the coal processing plant), higher fuel costs, and higher contractor costs. The average stripping ratio for the period was 9.5.

In terms of sales by destination, 36% of sales went to China, 16% to Taiwan, 11% to India and 21% to the rest of Asia, with the remaining 16% sold domestically into Indonesia. PT Berau's first half sales were split 77% contracted priced, 20% contracted index-linked and 3% contracted unpriced.

In terms of PT Berau's coal reserves, a new JORC report published in June 2011 showed total reserves increasing by 35% to 467 million tonnes from 346 million tonnes.

PT Berau: Production Data	30 June 2011	30 June 2010
Coal mined (millions of tonnes)	9.0	6.4
Sales (millions of tonnes)	9.6	8.2
FOB average selling price ($/t)	74.6	56.0
Production cost of sales ($/t)	35.4	30.6
Stripping ratio (bcm/t)1	9.5	8.2

¹ Bank cubic metres (bcm) of overburden removed per tonne of coal mined.

Performance of Bumi Resources 

PT Bumi Resources' first half production was 30 million tonnes of coal, slightly lower than the prior period due to higher rainfall. PT Bumi Resources' average selling price for the period was $91/tonne, an increase of 36% over the prior period.

Production costs at PT Bumi Resources were $45/tonne against $36/tonne in the prior period. Higher fuel and contractor costs along with an increase in the stripping ratio were the principal reasons for the increase in production costs. The stripping ratio for PT Bumi Resources of 12.0 was 16% higher than the prior period due to the opening of additional pits at the KPC mine, as well as due to high levels of rainfall, which required a change in the mining plan. The stripping ratio is expected to fall over the rest of the year as weather conditions improve and more coal is mined.

PT Bumi Resources' first half sales were split 95% contracted priced and 5% contracted unpriced. In terms of sales by destination, 21% of coal sales went to Japan, 15% to India, 13% to China, 27% to the rest of Asia, 8% to Europe, and 16% domestically into Indonesia.

PT Bumi Resources: Production Data	30 June 2011	30 June 2010
Coal mined (millions of tonnes)	29.9	30.6
Sales (millions of tonnes)	29.3	31.0
FOB average selling price ($/t)	91.3	67.1
Production cost of sales ($/t)	44.7	36.4
Stripping ratio (bcm/t)1	12.0	10.3

¹ Bank cubic metres (bcm) of overburden removed per tonne of coal mined.

PT Bumi Resources: key financials (KPC and Arutmin are proportionally consolidated) (numbers are in US$ millions, unless otherwise stated)	4 months ended 30 June 2011
Revenue	329
Operating profit	42
Profit after tax	41
Net debt	963
Debt to total capital (gearing)	77.8%
Interest cover	2.1x

Source: BUMI PLC

Bakrie Brothers Akuisisi 60% Saham Cimanggis Cibitung Tollways

PT Bakrie & Brothers Tbk (BNBR) mengakuisisi 60% saham pada PT Cimanggis Cibitung Tollways (CCTW) dari perusahaan Malaysia, Plus Expressways Berhad (PEB). Nilai akuisisi mencapai Rp 57,82 miliar lebih.

Perjanjian jual beli saham tersebut (conditional sale and purchase agreement/CSPA) telah ditandatangani pada 28 Juli 2010. Kemudian pada 15 Agustus 2011, kedua pihak sepakat melakukan transfer kepemilikan saham (Deed of Transfer of Shares) atas 60% saham CCTW dari PEB kepada Bakrie.

Dengan selesainya transfer kepemilikan tersebut, proses jual beli telah selesai dilakukan efektif 15 Agustus 2011 dan CCTW kini bukan lagi menjadi anak perusahaan dari PEB.

Rekomendasi HD Capital, 18 Agustus 2011

Rekomendasi HD Capital untuk perdagangan Kamis, 18 Agustus 2011.

BUY:  BBRI, ASII, BUMI,  ADRO

• Bila terjadi koreksi atas terganjalnya IHSG di resistance 61.8% fibo dan imbas dari regional rekomen akumulasi dalam pola sideways perbaikan tren dari negatif ke positif ini.

• IHSG close (16-08) 3.953.28(-6.740/-0.17%) (Val.Rp.3.6T) 

• Support: 3.930-3.670-3.650, Resistance: 4.060-4.175

 

Stock picks:

1.     Bank BRI (BBRI) (BUY) (Target Rp 6.950) (Close 16/08 Rp 6.700)

• Pertumbuhan kredit sektor mikro UKM merupakan high margin dengan risiko rendah NPL, dan BBRI merupakan pemain terbesar di sektor tersebut.

• Secara teknikal terlihat ada upaya proses kenaikan jangka pendek untuk menutup price gap atas di Rp 6.950

• Entry (1) Rp 6.700, Entry (2) Rp 6.600, Cut loss point: Rp 6.450.

 

2.    Astra International (ASII) (BUY): (Target: Rp 70.850) (Close 16/08: Rp 70.000)

• Koreksi untuk meredakan kondisi jenuh beli (overbought) di daily stochastic dapat menyebabkan koreksi untuk menutup celah di gap mingguan (Rp 68.500-67.500) namun bila itu terjadi rekomen akumulasi untuk technical rebound.

• Entry (1) Rp 68.500, Entry (2) Rp 67.500, Cut loss point: Rp 66.700.

 

3.    Bumi Resources (BUMI) (BUY): (Target: Rp 2.900-3.100) (Close 16/08 Rp 2.725)

• Saham batubara dengan market cap terbesar dan potensi upgrade earnings dari proses deleveraging merupakan pilihan utama untuk foreign kembali masuk ke sekto batubara yang masih menjanjikan ini dan secara teknikal price gap atas di Rp 2.900 dan 3.100 belum tertutup sehingga masih ada kesempatan untuk mengikuti proses upward recracement ini.

• Entry: (1) Rp 2.700, Entry (2) Rp 2.650, Cut loss point: Rp 2.550

 

4.    Adaro Energy  (ADRO) (BUY): (Target: Rp 2.550) (Close 16/08 Rp 2.350).

• Kenaikan laba yang cukup mengesankan di 1H 2011 dan potensi upgrade earnings untuk 2012 belum sepenuhnya di price in oleh pergerakan harga saham batubara dengan market cap terbesar no 2 setelah BUMI.

• Secara teknikal dalam misi menutup price gap atas di Rp 2.500-2.550

• Entry: (1) Rp 2.350, Entry (2) Rp 2.250, Cut loss point: Rp 2.200

Dibuat oleh:

Yuganur Wijanarko

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

Laba Bersih Adaro Naik Dua Kali Lipat Jadi US$ 268 Juta

PT Adaro Energy Tbk, produsen batubara kedua terbesar di Indonesia, berhasil mencetak laba bersih US$ 268 juta pada semester I-2011, naik dua kali lipat dari periode yang sama tahun lalu dan mencapai rekor tertinggi. Laba bersih per saham untuk semester pertama ini meningkat 104% menjadi US$ 0,0084.

    Menurut Presiden Direktur Adaro Energy Garibaldi Thohir, laba bersih yang tinggiini ditopang oleh kenaikan volume produksi dan harga jual rata-rata, meski pada saat bersamaan, beban pokok pendapatan turut meningkat. Pendapatan usaha bersih Adaro meningkat 36% menjadi US$ 1,8 miliar, sedangkan beban pokok pendapatan naik dengan skala yang lebih kecil, yakni 34% menjadi US$ 1,2 miliar.

   "Kami mencapai rekor tertinggi untuk laba semester pertama, yang ditopang oleh kinerja operasional yang sangat baik, terutama pada kuartal II-2011, serta kenaikan realisasi harga karena prospek batubara yang bagus. Kami pun berada pada jalur yang tepat untuk mencapai target produksi batubara tahun 2011 sebesar 46-48 juta ton dan EBITDA sebesar US$ 1,1-1,3 miliar," jelas dia.

  Volume produksi dan penjualan untuk semester I-2011 masing-masing meningkat 5,5% dan 10% menjadi 22,81 juta ton dan 24,02 juta ton dibandingkan periode yang sama tahun sebelumnya. Sedangkan harga jual rata-rata naik sebesar 23% akibat dari kenaikan harga batubara thermal. "Kami pun dapat mempertahankan marjin EBITDA sebesar 35%," kata Garibaldi.

  

Rekomendasi Beberapa Sekuritas, 16 Agustus 2011

Rekomendasi beberapa sekuritas untuk perdagangan Selasa, 16 Agustus 2011.

1. Etrading Securities

Pada perdagangan kemarin, IHSG naik 69,4 poin (1,79%) ke level 3.960. Asing mulai membukukan net buying, kali ini Rp 18 miliar.  Secara teknikal, IHSG diperkirakan masih berpotensi menguat untuk menguji garis resistance di area 3.964. Hari ini, indeks diperkirakan bergerak pada range 3.926-4.005. Perhatikan AKRA, ASII, dan JPFA. 

2. Reliance Securities

Stochastic mengarah pada penguatan namun mulai memasuki areal oversold, sementara Bill William masih bergerak pada akselerasi dengan kondisi momentum yang menguat. IHSG meningkat selama empat hari, sehingga waspadai kemungkinan profit taking. Resistance terdekat di level 4.003 dengan support 3.935. Saham ANTM, GGRM, KLBF berpotensi melanjutkan koreksi.

3. Sinarmas Sekuritas

Pada perdagangan Selasa (16/8), secara teknikal, indeks masih berpotensi melanjutkan penguatan dengan kisaran 3.914-4.004. Saham-saham yang dapat diperhatikan antara lain AALI, BBCA, INTP, MASA.

Rekomendasi HD Capital, 16 Agustus 2011

Rekomendasi HD Capital untuk perdagangan Selasa, 16 Agustus 2011.

BUY:  BJBR, ASII, BUMI,  PTBA

• Indikator stochasthic harian yang belum memasuki daerah overbought (jenuh beli) menandakan bahwa IHSG masih ada ruang untuk bergerak di atas.

• IHSG close (15-08) 3.960.141(+69.490/+1.79%) (Val.Rp.3.6T)

• Support: 3.930-3.670-3.650, Resistance: 4.060-4.175

Stock picks:

1.     Bank Jabar (BJBR) (BUY) (Target Rp 1.220) (Close 15/08 Rp 1.130)

• Outlook inflasi dan suku bunga yang kondusif serta consumer confidence yang meningkat dapat mendukung pertumbuhan kredit di sektor perbankan, sehingga saat ini merupakan kesempatan untuk melirik bank small cap yang bergerak di sektor mikro UKM juga dengan penetrasi tinggi. 

• Entry (1) Rp 7.900, Entry (2) Rp 7.800, Cut loss point: Rp 7.600.

 

2.    Astra International (ASII) (BUY): (Target: Rp 71.850) (Close 15/08: Rp 70.000)

• Walaupun cukup overbought (jenuh beli), namun ASII masih menyimpan napas untuk mendekati resistance area berikutnya di Rp 71.850 dalam proses perbaikan tren dari kondisi sideways ke minor positive uptrending.

• Entry (1) Rp 69.500, Entry (2) Rp 67.800, Cut loss point: Rp 67.200.

 

3.    Bumi Resources (BUMI) (BUY): (Target: Rp 3.000) (Close 15/08 Rp 2.700)

• Saham batubara dengan market cap terbesar dan potensi upgrade earnings dari proses deleveraging merupakan pilihan utama untuk foreign kembali masuk ke sektor batubara yang masih menjanjikan ini.

• Entry: (1) Rp 2.650, Entry (2) Rp 2.550, Cut loss point: Rp 2.450

4.   PT Bukit Asam (PTBA) (BUY): (Target: Rp 20.650) (Close 15/08 Rp 19.100).

• Secara technical saham ini mulai membentuk pola akumulasi pasca koreksi tajam kemarin untuk menutup price gap atas di Rp 20.650, rekomen melirik untuk calon akumulasi dalam sektor batubara.

• Entry: (1) Rp 19.100, Entry (2) Rp 18.700, Cut loss point: Rp 18.200

 

Dibuat oleh:

Yuganur Wijanarko

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

Saham-saham yang dominan dibeli asing, 12 Agustus 2011

Saham-saham yang dominan dibeli asing, Jumat 12 Agustus 2011.

Kode saham                       Volume                     Jual                     Beli

AISA	20.132.500	0	500.000
AKRA	24.180.000	2.447.000	2.626.500
AMFG	148.000	0	60.000
ANTM	31.275.500	537.000	1.564.000
APLN	17.266.000	1.540.000	1.669.500
ARNA	1.902.000	0	270.000
ASBI	41.500	0	20.000
ASRI	116.215.500	42.946.000	56.816.000
BBKP	22.860.500	0	2.659.000
BBNI	18.463.000	2.120.500	14.934.500
BBRI	43.704.500	8.164.500	23.739.000
BDMN	5.192.000	1.607.000	1.897.500
BFIN	655.500	388.500	457.000
BHIT	89.387.000	3.750.000	19.742.500
BIPI	17.728.000	0	3.365.500
BJBR	9.867.500	151.000	2.812.000
BKSL	116.481.500	583.000	3.874.500
BLTA	20.432.500	1.500.000	2.281.000
BNBR	629.429.000	500.000	47.303.000
BNGA	1.296.500	0	190.000
BNII	2.346.500	23.500	790.000
BNLI	162.000	0	5.000
BORN	39.436.500	1.673.500	11.519.500
BVIC	28.059.500	0	2.500.000
BYAN	155.500	112.500	130.000
CMNP	24.905.000	1.486.000	4.521.000
CNKO	7.438.000	0	250.000
CPIN	37.227.500	3.104.500	16.579.500
CTRA	6.686.000	3.045.000	5.088.500
CTRP	2.513.000	0	690.000
DEWA	229.204.500	1.380.000	4.865.500
DILD	6.409.500	0	1.290.000
DOID	47.268.500	881.000	4.748.000
EKAD	6.208.000	0	200.000
ELSA	22.939.500	0	524.500
EMDE	5.656.500	25.000	2.056.000
ENRG	903.693.000	5.400.000	23.546.000
EPMT	4.033.000	3.238.000	3.400.000
FASW	972.500	40.500	100.000
GGRM	1.242.000	362.000	918.000
GIAA	9.029.000	0	2.008.000
GJTL	9.712.500	111.000	523.000
GTBO	4.381.000	0	2.000.000
GZCO	2.157.500	0	236.500
HEXA	195.500	0	132.500
ICBP	2.303.000	250.000	1.000.000
IMAS	1.369.000	87.000	856.500
INKP	2.177.500	99.500	724.000
JPFA	3.350.000	626.000	1.513.000
JSMR	5.478.000	1.016.000	1.453.000
KIJA	117.180.500	1.038.000	2.872.500
LPKR	44.703.500	5.789.000	6.329.000
LPPS	41.848.500	0	500.000
LSIP	7.055.500	1.530.000	2.532.500
MDRN	101.500	0	53.000
MEDC	9.478.500	73.500	4.941.500
MIDI	2.208.500	0	50.000
MNCN	12.933.500	2.978.000	6.102.000
MTLA	1.071.000	0	1.000.000
PGAS	64.225.500	27.117.000	30.277.000
PNIN	844.000	0	213.000
POLY	17.803.500	280.000	580.000
PTPP	21.724.500	0	346.500
PWON	13.179.500	0	1.421.000
RDTX	100.000	0	60.000
ROTI	179.000	0	103.000
SCMA	45.000	0	13.500
SGRO	6.570.000	5.000	645.000
SMCB	6.191.000	190.500	510.000
SMGR	8.059.500	2.892.500	4.057.500
SMRA	3.991.500	60.000	2.212.000
SMSM	1.629.500	0	44.000
SQMI	65.000	0	61.000
TBIG	1.084.500	10.000	691.000
TBLA	15.114.000	0	2.100.000
TINS	25.945.500	322.500	2.183.000
TMPI	51.333.500	0	440.000
TOTL	940.500	0	260.000
TPIA	254.500	50.000	110.000
UNSP	85.016.000	2.000.000	11.683.500
UNVR	2.939.000	591.000	793.000
WINS	4.199.000	0	328.000

Rekomendasi HD Capital, 15 Agustus 2011

Rekomendasi HD Capital untuk perdagangan Senin, 15 Agustus 2011.

BUY:  BBCA, ASII, BBRI,  CPIN

• Penutupan IHSG secara mingguan (jumat) di daerah hijau setelah sebelumnya memerah menandakan proses tren turun sudah berakhir dan mulai positive recovery untuk menuju 3.925-4.060.

• IHSG close (12-08) 3.890.141(+21.069/+0.50%) (Val.Rp.3.6T)

• Support: 3.730-3.650-3.550, Resistance: 4.060-4.125

 

Stock picks:

1.     Bank BCA (BBCA) (BUY) (Target Rp 3.575) (Close 12/08 Rp 7.950)

• BBCA memang tidak murah, dengan valuasi PER 20x 2011, namun merupakan bank yang paling efisien dan menguntungkan di Indonesia terhadap portofolio hutangnya (Net profit margin di atas semua bank di sektornya). 

• Entry (1) Rp 7.900, Entry (2) Rp 7.800, Cut loss point: Rp 7.600.

 

2.    Astra International (ASII) (BUY): (Target: Rp 70.400) (Close 12/08: Rp 67.150)

• Close weekly di atas membentuk pola bullish hammer di weekly chart, kelihatannya konsolidasi antara band bawah dan atas (Rp 67.000-69.000) dapat breakout ke target projected move di Rp 70.400-72.000.

• Entry (1) Rp 67.150, Entry (2) Rp 66.500, Cut loss point: Rp 65.000.

 

3.    Bank BRI (BBRI) (BUY): (Target: Rp 6.950) (Close 12/08 Rp 6.500)

• Sektor perbankan memiliki kapitalisasi terbesar di IHSG (33%) sehingga bisa dipastikan akan memimpin momentum market dalam technical rebound.

• Outlook suku bunga dan kepercayaan konsumen masih optimistis didukung oleh rupiah stabil dan tidak terpengaruhnya sektor mikro UKM terhadap faktor luar.

• Entry: (1) Rp 6.450, Entry (2) Rp 6.350, Cut loss point: Rp 6.250

 

4.   Charoen Pokphand (CPIN) (BUY): (Target: Rp 2.750) (Close 12/08 Rp 2.600).

• Produksi dan distribusi yang integrated serta melemahnya dolar AS yang membuat biaya impor pangan ayam turun membuat CPIN sebagai proxy lapis dua untuk ride consumer domestic driven theme di Indonesia.

• Entry: (1) Rp 2.600, Entry (2) Rp 2.500, Cut loss point: Rp 2.300

Dibuat oleh:

Yuganur Wijanarko

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

Antam says H1 ferronickel output up 6 pct

Ferronickel output at Aneka Tambang , Indonesia's state-owned nickel miner, rose 6 percent in the first half of 2011, compared with the same period last year, the firm's chief executive said on Friday.

Ferronickel production in the first six-months of this year was 9,838 tonnes or more than 50 percent of its full-year production forecast of 18,000 tonnes, Antam's CEO Alwinsyah Lubis said.

The firm also has produced 3.6 tonnes of gold -- slightly below its full-year production target of 3.7 tonnes -- helped by its newly acquired mines in Java, he added. Source: Reuters

Indonesia steel consumption may rise 3.8 pct in 2011 -producer

Steel consumption in Indonesia in 2011 will rise as much as 3.8 percent compared to last year, due to a rise in state funded projects, said an official at Krakatau Steel , the country's biggest steel maker.

Indonesia, Southeast Asia's largest economy, is forecast to consume 8.2-8.3 million tonnes of steel this year, compared with 8 million tonnes in 2010, Irvan Kamal Hakim, Krakatau Steel's marketing director told a news conference late on Thursday.

Cement sales, also an indicator of economic growth in Indonesia, rose 17 percent last month from a year ago, data from the Indonesian Cement Association (ASI) showed, above the group's forecast for a 6 percent rise, supported by demand for housing, offices and hotel construction by the private sector.

Indonesia's second-quarter gross domestic product grew at a robust 6.5 percent from a year ago, though the economic turmoil in major trading partners the United States, Europe and Japan are causing concerns to the region. Source:  Reuters