ICVL invites bids for consultants to Indonesia Steel Plant

International Coal Ventures Pvt Ltd (ICVL), set up by a clutch of PSUs to acquire overseas coal resources, has invited expressions of interest (EoI) from global consultants to conduct a feasibility study for an integrated steel plant in Indonesia. The last date for submitting the bids to the tender is July 19, 2011. ICVL has recently initiated talks to set up a three million tonne (mt) steel plant in Indonesia alongwith the SAIL at a total investment of 15,000 crore.

For ICVL, a special purpose vehicle set up by the government to acquire coal companies, mines assets and blocks abroad, this marks perhaps the first tangible progress in pursuing an overseas mineral project. While the company has bid for a few assets across the world it has not been able to close any deal so far despite having an acquisition kitty of close to 10,000 crore. The latest project is, in fact, part of growing bilateral economic relations between India and Indonesia. Earlier, ICVL had signed a MoU for developing mineral assets and processing units in central Kalimantan.

ICVL is promoted by steel majors Steel Authority of India Ltd , Rashtriya Ispat Nigam Ltd ( RINL), large miners like Coal India and NMDC Ltd and power giant NTPC Ltd. Its main objective is to supplement the current shortfall in coking coal estimated to be around 80 MT.

The feasibility study will be conducted initially in two stages, according to the tender called by ICVL.

A pre-feasibility study in stage one will be followed by a detailed feasibility study for the project in the second stage. ICVL wants to appoint a global consultant to conduct a study for mineral deposits. The consultant will also prepare a conceptual report on an integrated steel plant in Central Kalimantan. The consultant will be required to formulate a strategy for setting up a high capacity coking coal mine, iron ore, limestone and dolomite mines at prospective locations identified in Central Kalimantan province of Indonesia.

The consultant will also have to offer strategy inputs on logistics support, arrangements for flow of raw materials in Central Kalimantan and flow of surplus raw materials to India, infrastructure support and arrangements for transportation of finished goods. After discussing the strategy with ICVL, the consultant will be asked to take up exploration job.

For the steel plant the consultant would take up topographical survey, soil testing, as well as land survey and land permit. Source: Economic Times

Saham-saham yang dominan dibeli asing, 24 Juni 2011

Saham-saham yang dominan dibeli asing, Jumat 24 Juni 2011.

Kode saham                   Volume                         Jual                       Beli

AALI	1.028.000	486.000	640.500
ACES	17.500	0	17.500
ADHI	3.401.000	0	55.000
ADRO	32.325.000	7.291.000	15.892.000
AKRA	18.023.500	4.567.000	9.223.000
ANTM	18.631.000	1.255.500	4.585.500
ASGR	7.057.000	50.000	559.500
ASII	2.960.000	802.500	2.017.500
AUTO	551.500	5.000	25.000
BBCA	14.550.500	7.613.500	7.806.500
BBLD	365.000	0	200.000
BBNI	18.345.000	2.212.000	6.460.500
BBRI	23.044.000	667.500	15.452.000
BBTN	21.739.000	24.500	11.430.000
BDMN	2.310.000	533.000	1.579.000
BHIT	43.941.000	5.750.000	14.197.500
BIPI	9.330.000	0	3.074.500
BISI	4.307.500	0	300.000
BJBR	18.519.500	55.000	2.125.000
BMRI	17.992.500	3.604.000	7.597.000
BNII	720.500	105.000	220.000
BSDE	8.387.000	0	5.087.000
BTEL	19.420.500	1.982.500	3.109.000
BYAN	275.500	135.000	200.500
CMNP	11.597.500	42.500	1.474.000
CPIN	27.827.000	2.804.500	16.936.500
DILD	4.842.500	447.000	1.775.000
DOID	14.820.500	12.500	2.805.000
DSSA	53.500	0	26.000
EKAD	48.041.500	125.000	774.000
ELSA	9.253.000	0	4.079.000
EMDE	9.970.500	0	5.500.000
ENRG	340.706.000	7.250.000	66.927.500
FISH	138.000	0	129.000
GGRM	663.000	200.000	467.000
GJTL	4.283.000	361.500	1.339.500
HEXA	285.500	0	87.500
HRUM	3.073.500	108.500	1.210.500
ICBP	6.876.500	1.214.500	1.599.500
IMAS	637.000	0	105.000
INCO	2.519.000	504.000	690.000
INDF	7.488.000	663.000	4.259.000
INDY	5.140.000	146.000	2.019.500
INTP	2.987.500	648.000	2.393.500
IPOL	95.701.000	1.562.500	7.500.000
ISAT	6.967.000	1.949.500	4.131.500
KAEF	116.798.000	750.000	9.719.500
KIAS	387.500	0	7.500
KIJA	29.824.500	0	9.500.000
KKGI	148.500	60.000	128.500
KLBF	11.834.500	762.500	2.770.000
KRAS	12.352.000	0	100.000
KREN	8.984.000	0	10.000
LPKR	180.654.000	12.563.500	71.983.000
LSIP	15.357.000	2.372.500	3.089.000
MAIN	3.794.500	0	17.500
MAPI	1.654.500	434.000	880.500
MASA	9.372.000	651.500	740.000
MIDI	334.000	0	9.500
MIRA	76.851.000	0	500.000
MYOR	240.000	62.500	127.500
PBRX	16.941.500	0	500.000
PGAS	19.639.500	12.039.500	13.238.000
POLY	15.485.500	0	320.000
PTPP	3.496.000	0	1.209.000
PTSP	102.000	0	50.000
PWON	8.527.000	0	85.500
RALS	906.000	0	649.500
SCMA	55.500	1.000	43.000
SGRO	5.253.500	0	619.000
SIMP	26.852.000	500	20.698.000
SMGR	2.223.000	244.500	1.206.500
TBIG	2.177.500	513.000	633.000
TBLA	3.123.500	0	337.500
TLKM	15.086.500	5.024.500	7.965.500
TURI	38.791.500	410.000	10.804.000
UNSP	61.464.000	5.000.000	8.406.000
UNTR	4.289.500	202.000	1.345.500
UNVR	2.599.000	349.500	1.121.500
WIKA	2.415.500	0	1.304.500
WINS	7.001.000	0	600.000

Rekomendasi HD Capital, 27 Juni 2011

Rekomendasi HD Capital untuk perdagangan Senin, 27 Juni 2011.

BUY: (ITMG, BBRI, GJTL, TLKM)

• Koreksi minor akibat imbas regional dapat digunakan sebagai kesempatan memposisikan diri untuk technical rebound yanga akan menembus all time high IHSG di 3.880. 

• Dalam proses mendekati all time high, biasanya emiten lapis dua dengan fundamental yang kuat mulai aktif.

• IHSG close (24-06) 3.848.56(+24.91/+0.65%) (Val.Rp.3.4T) 

• Support: 3.810-3.770, Resistance: 3,880-3.950

 

Stock picks:

1.     Indo Tambang Raya (ITMG) (BUY) (Target Rp 46.000) (Close 24/06 Rp 44.900)

• Kenaikan harga batubara New Castle ke $121/ton dari $119 dan penurunan minyak mentah (hal ini menurunkan harga diesel yang dipakai dalam proses produksi dan transportasi batubara) sangat menguntungkan bahwa ITMG yang mayoritas pangsa ekspor dan mempunyai biaya produksi yang paling mahal di sektornya.

• Entry (1) Rp 44.500, Entry (2) Rp 44.000, Cut loss point: Rp 43.400

 

2.    Bank BRI (BBRI) (BUY): (Target: Rp 6.600) (Close 22/06 Rp 6.350)

• Bila terjadi pullback akibat imbas sentimen regional yang terkoreksi mendekati lower end formasi triangle rekomen akumulasi untuk antisipasi breakout yang akan terjadi dengan target proyeksi Rp 6.600.

• Entry: (1) Rp 6.350, Entry (2) Rp 6.250, Cut loss point: Rp 6.150

 

3.   Gajah Tunggal (GJTL) (BUY): (Target: Rp 3.250) (Close 24/06 Rp 3.050)

• Valuasi PER 2011 (7x) dan profitabilitas persero cukup tinggi (ROE 2011 23%) membuat GJTL menjadi pilihan saham lapis dua yang kudu di akumulasi menjelang proses perjalanan IHSG untuk mendekati atau menembus all time high di 3.880.

• Entry: (1) Rp 3.000, Entry (2) Rp 2.925, Cut loss point: Rp 2.825

 

4.       Telekomunikasi Indonesia (TLKM) (BUY): (Target: Rp 7.450) (Close 24/06 Rp 7.250)

• Program buy back saham oleh pemerintah di big cap index dengan valuasi PER 2011 termurah (9x) dapat menahan downside bila terjadi koreksi sehingga rekomen akumulasi untuk proses penutupan price gap atas di Rp 7.400.

• Entry: (1) Rp 7.150, Entry (2) Rp 6.950, Cut loss point: Rp 6.850

 

 

Dibuat oleh: 

Yuganur Wijanarko

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

Indonesia Stocks May Extend Winning Streak

The Indonesian stock market picked up less than a pair of points on Thursday - but that was enough to extend its winning streak to four sessions, gathering nearly 100 points or 2.7 percent in that span. The Jakarta Composite Index finished just below the 3,825-point plateau, and now analysts are suggesting that the market may have a bit more upside left in it at the opening of trade on Friday.

The global forecast for the Asian markets is conflicted, pitting optimism regarding the Greek debt crisis against pessimism regarding U.S. economic data. Crude oil stocks are expected to see considerable pressure, along with gold and property stocks - while airlines, technology, retail and telecom stocks are expected to rise. The European markets finished sharply lower and the U.S. bourses were mixed, and the Asian markets figure to follow the latter lead.

The JCI finished barely higher on Thursday, nudged into the green by gains from the pharmaceuticals and telecoms.

For the day, the index added 1.82 points or 0.05 percent to finish at 3,823.65 after trading between 3,801.70 and 3,829.63. Volume was 7.6 billion shares worth 3.9 trillion rupiah. There were 103 gainers and 103 decliners.

Among the gainers, Kimia Farma surged 24.4 percent, while Indofarma spiked 17.1 percent, Multistrada Arah Sarana added 1.9 percent and Tower Bersama Infrastructure collected 4.4 percent.

The lead from Wall Street provides little clarity as stocks staged a significant recovery in late-day trading on Thursday after a weak start, ending the session mixed. Reports about a deal on Greece's austerity plan helped to offset concerns about the economic outlook.

The early weakness on Wall Street was partly in reaction to the Federal Reserve's downwardly revised economic growth outlook, which was released late in the day on Wednesday. Indicating that the economic recovery is continuing at a somewhat slower than expected pace, the Fed downwardly revised its growth outlook for 2011 and 2012.

Additional selling pressure was generated by the release of a report from the Labor Department showing a notable increase in initial jobless claims in the week ended June 18.

Resource stocks helped to lead the way lower amid a sell-off in the commodities markets. The price of oil fell by more than $4 a barrel on news that the International Energy Agency plans to release 60 million barrels of oil onto the world market.

However, buying interest emerged later in the trading day after reports that Greece has won the consent of a group of inspectors from the European Union and International Monetary Fund regarding its new five-year austerity plan. The inspectors approved the plan after Greece committed to an additional round of tax rises and spending cuts. While the reported deal has generated some optimism about the outlook for the financial situation in Greece, the austerity measures still must be approved by the Greek parliament. Source: RRT News

Saham-saham yang dominan dibeli asing, 23 Juni 2011

Saham-saham yang dominan dibeli asing, Kamis 23 Juni 2011.

Kode Saham                         Volume                     Jual                      Beli

AALI	746,000	73,000	632,500
ADHI	1,553,000	5,000	111,000
ADMG	93,891,500	255,000	1,010,000
AKRA	28,258,500	4,748,000	9,185,500
AMRT	110,000	0	107,500
ANTM	13,502,000	335,500	902,500
APLN	6,462,500	0	50,000
ASGR	859,000	0	200,000
ASII	4,411,000	1,459,500	2,131,000
AUTO	218,000	2,500	10,000
BBCA	10,342,500	3,165,500	5,613,000
BBNI	9,376,500	340,500	5,345,500
BBRI	26,424,000	6,256,500	14,919,000
BDMN	3,894,500	122,000	897,500
BHIT	51,414,000	7,127,000	22,814,500
BKSL	9,948,500	0	1,000,000
BMRI	17,419,500	6,753,000	7,722,500
BMTR	10,079,500	986,000	4,827,500
BNBR	207,156,000	92,500	961,000
BNGA	342,000	0	37,000
BNII	465,000	50,000	120,000
BRAU	16,371,500	0	10,000
BTEL	21,365,500	0	4,843,500
BTPN	106,000	0	71,500
BULL	44,627,000	50,000	100,000
BUMI	58,512,500	12,598,500	22,150,000
BYAN	270,500	117,000	162,000
CLPI	16,947,000	65,000	353,500
CPIN	12,105,500	15,500	9,315,000
CTRP	3,669,500	2,000,000	3,143,500
ELTY	150,704,000	25,000	35,968,500
EMTK	66,000	0	37,500
ENRG	572,989,500	29,746,500	75,800,000
FISH	246,500	0	180,500
GGRM	343,000	179,000	232,500
GJTL	5,003,500	137,500	1,764,500
HEXA	327,500	0	93,500
HRUM	5,362,500	113,000	1,095,000
ICBP	3,766,500	56,000	2,039,000
INDS	11,502,500	18,500	510,500
INDY	7,204,500	847,000	5,286,500
INTP	602,500	131,500	318,000
IPOL	96,493,000	137,500	9,075,000
ISAT	3,667,000	533,000	889,500
ITMG	242,000	20,500	66,500
JKON	51,500	0	50,000
JSMR	3,888,000	1,181,500	2,288,500
JTPE	12,209,000	2,500	400,500
KAEF	102,853,500	1,750,000	20,000,000
KIJA	11,814,000	500,000	4,159,500
KKGI	788,000	16,500	390,000
LPKR	132,882,000	27,500	66,679,500
LSIP	24,288,000	14,287,000	16,942,500
MAPI	987,500	149,500	178,000
MBSS	3,673,000	0	110,000
MDRN	154,000	0	154,000
META	525,500	0	502,000
MIDI	593,500	0	68,000
MITI	3,498,500	0	1,316,500
MYOR	103,000	8,500	101,500
PBRX	8,631,500	0	1,000,000
PTPP	4,200,000	0	4,000,000
RALS	7,258,500	3,500,000	3,902,000
SDRA	18,355,000	0	600,000
SIMP	19,951,500	0	15,247,500
SMGR	2,076,000	335,500	1,048,000
SMRA	9,117,500	3,089,000	7,991,500
SULI	2,581,000	0	500,000
TBLA	6,677,500	10,000	186,000
TURI	21,522,500	25,000	5,025,000
UNTR	4,565,000	679,000	1,358,000
WIKA	535,000	0	56,500
WINS	598,000	0	50,500

Rekomendasi Beberapa Sekuritas, 24 Juni 2011

 Rekomendasi beberapa sekuritas untuk perdagangan Jumat, 24 Juni 2011.

1. E-Trading Securities

Perdagangan kemarin, indeks naik 1 poin (0,05%) ke level 3.823. Investor asing membukukan net buying Rp 288 miliar.  Secara teknikal, IHSG hari ini berpotensi melemah, karena candlestick membentuk pola spinning top di puncak yang mengindikasikan bearish reversal. Kisarannya berada di range 3.794–3.843. Amati TINS dan ANTM.

2. Kresna Sekurindo

Sentimen global kembali membuat indeks konsolidasi dengan 3.789 sebagai support kunci. Hari ini IHSG diperkirakan bergerak di kisaran 3.800-3.855 dengan UNVR dan BDMN sebagai saham pilihan.

3. Indo Premier Securities

Kurang transparannya kebijakan moneter yang akan diterapkan The Fed pasca-quantitative easing II membuat bursa saham dunia kembali turun. Namun, indeks saham domestik naik, karena investor enggan meninggalkan pasar dan mulai mengakumulasi sejumlah saham.  Untuk hari ini, indeks diperkirakan dipengaruhi berita positif dari Yunani.  Kisarannya di level 3.700-3.825 dengan BMRI, BORN sebagai stock picks.

Outlook Saham Bulan Juni oleh HD Capital

Monthly Strategy-June (24-06-2011) (BUY):

"Masih optimistis akan arah IHSG"

• Potensi retracement ke 3.900 di bulan Juli: Secara technical walaupun weekly MACD sudah memberikan SELL signal crossover, namun biasanya kenaikan (retracement) ke atas sebesar 200-point selama 2 minggu dapat terjadi untuk memberikan kesempatan trading.

• Domestic factor: Fundamental ekonomi seperti penguatan rupiah, inflasi terkendali membuat ancaman kenaikan BBM dan BI rate semakin kecil sehingga dana asing masih akan mengalir masuk dan liquiditas domestic di bursa masih mengalir.

• Regional: Krisis Yunani yang menyebabkan penurunan kemarin mulai mereda dan sikap Fed yang realistis namun masih optimistis (mengakui bahwa ekonomi melambat sehingga membiarkan zero rate policy hingga akhir tahun dengan skenario pemulihan ekonomi akan lambat laun terjadi) terhadap perekonomian AS dan global memberikan kepastian situasi yang jelas terhadap investor.

• Rekomendasi Portofolio & Target Price 1-bulan:

 

Ticker	TP 1 bln	PER11F	PBV11F	ROE11F
ASII	Rp 61.500	12x	3.5x	31%
BMRI	Rp 7.200	11x	2.6x	26%
BBCA	Rp 7.400	22x	4x	22%
PGAS	Rp 4.200	11x	5x	50%
BBRI	Rp 6.500	12x	3x	31%
UNSP	Rp 460	6x	0.7x	11%
UNTR	Rp23.800	16x	4x	29%

Dibuat oleh:

Yuganur Wijanarko

Senior Research HD Capital.

(Yuganur@hdx.co.id)

Rekomendasi HD Capital, 24 Juni 2011

Rekomendasi HD Capital untuk perdagangan Jumat, 24 Juni 2011.

BUY: ENRG, TLKM, BUMI, GJTL

• Keberhasilan IHSG bertahan di atas resistance lama Fibonacci 61.8% (3.815) walaupun terimbas koerksi regional menandakan bahwa akan terjadi full retracement rally ke all time high lama di 3.880.

• Grup Bakrie dan beberapa saham lapis dua dengan fundamental yang cukup prospektif belum naik signifikan.

• IHSG close (23-06) 3.832.683(+1.629/+0.43%) (Val.Rp.3.2T)

• Support: 3.770-3.730, Resistance: 3,880-3.950

 

Stock picks:

1.      Telekomunikasi Indonesia (TLKM) (BUY) (Target Rp 7.450) (Close 23/06 Rp 7.200)

• Saham blue chip dengan kapitalisasi paling besar yang diperdagangkan dengan valuasi termurah adalah TLKM: PER 2011 (9.49x), PBV (2.4x) sehingga pelaku pasar mulai ikut dalam proses perbaikan tren menuju price gap atas di Rp 7.350-7.400 yang belum ditutup.

• Entry (1) Rp 7.150, Entry (2) Rp 7.000, Cut loss point: Rp 6.850

 

2.    Energi Mega Persada (ENRG) (BUY): (Target: Rp 235) (Close 22/06: Rp 210)

• Earnings recovery story dan gambaran technical menarik (pattern higher low, daily stochastic cross up buy diatas 50-line) memberikan bayak upside untuk saham lapis dua ini yang kelihatannya akan mencoba break high di atas Rp 215.

• Entry (1) Rp 200, Entry (2) Rp 190, Cut-loss point: Rp 187

3.    Bumi Resources (BUMI) (BUY): (Target: Rp 3.375) (Close 23/06 Rp 3.250)

• Akumulasi oleh pelaku pasar yang didorong oleh proyeksi laba 2011-2012 yang optimis didukung oleh harga ASP dan volume produksi batubara sesuai ekspektasi menggagalkan usaha untuk menutup price gap bawah di 3.125 dan sekarang arah berubah untuk retrace atas ke 50-days moving average di 3.375

• Entry: (1) Rp 3.175, Entry (2) Rp 3.100, Cut loss point: Rp 2.975

 

4.   Gajah Tunggal (GJTL) (BUY): (Target: Rp 3.250) (Close 23/06 Rp 2.975).

• Secara technical terjadi crossover buy oleh moving average 5 dan 10 harian, daily stochastic lima harian bergerak nukik ke 50-line, yang kurang cuma tinggal penutupan di atas high kemarin (Rp 3.050), bila itu terjadi maka tren jangka pendek berubah naik untuk target berikutnya di Rp 3.250.

• Entry: (1) Rp 2.950, Entry (2) Rp 2.850, Cut loss point: Rp 2.725

 

Dibuat oleh: 

Yuganur Wijanarko

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

Saham-saham yang dominan dibeli asing, 22 Juni 2011

Saham-saham yang dominan dibeli asing, Rabu 22 Juni 2011.

Kode saham                      Volume                    Jual                           Beli

AALI	442,500	92,500	276,000
ADRO	16,782,500	3,840,500	9,583,000
AKRA	23,416,000	3,348,000	8,169,500
AMRT	117,000	0	93,000
ANTM	14,698,500	65,500	3,359,000
APLN	2,023,500	0	373,500
ASGR	1,627,500	35,000	200,000
ASII	3,265,500	195,500	2,571,500
ASRI	12,005,000	2,500,000	5,292,000
BBCA	15,876,500	7,651,500	8,118,500
BBKP	3,686,000	958,000	2,161,500
BBNI	20,266,500	3,960,000	9,507,500
BBRI	23,915,500	4,409,000	19,900,500
BBTN	10,007,500	255,000	6,918,500
BDMN	1,720,500	406,000	599,500
BHIT	176,544,500	31,922,500	39,078,000
BMRI	18,501,000	1,187,500	6,474,000
BMTR	6,405,500	67,000	2,434,500
BNBR	438,407,500	25,000	2,337,000
BNGA	638,500	4,000	24,000
BNII	786,000	0	314,000
BRAU	30,243,000	1,050,000	1,119,000
BRMS	9,418,500	10,000	1,471,500
BSDE	9,617,000	0	1,298,500
BTPN	108,500	0	39,000
BUMI	114,580,500	5,345,000	47,768,500
BWPT	18,429,500	353,500	6,078,500
BYAN	282,000	47,500	253,000
CLPI	20,778,000	0	334,500
CPIN	12,908,500	971,500	4,793,500
CTRA	500,000	0	230,000
CTRP	1,378,500	0	528,000
DAVO	21,501,000	0	210,000
ELTY	308,078,500	11,000,000	12,794,500
EMDE	4,015,000	0	799,000
EMTK	240,000	0	145,000
ENRG	471,495,500	11,855,000	130,312,000
GIAA	10,140,500	0	236,500
GJTL	5,672,000	62,000	218,500
HEXA	2,238,500	0	640,500
HRUM	2,214,500	40,500	1,661,500
ICBP	4,176,500	1,169,000	3,098,000
IDKM	197,500	0	162,000
INDF	16,144,000	2,473,000	11,404,500
INDY	12,732,000	2,905,500	5,504,000
INTP	1,506,500	187,000	1,202,000
INVS	328,500	217,000	289,500
IPOL	127,166,000	390,000	3,750,000
ISAT	856,500	50,000	568,000
JSMR	12,024,500	59,000	4,380,500
KAEF	10,210,500	0	250,000
KIJA	9,667,500	1,300,000	3,500,000
KKGI	274,500	27,500	183,500
KLBF	10,182,000	263,000	822,500
KRAS	7,692,000	0	493,500
LPKR	201,249,000	11,815,000	73,410,500
MAIN	4,969,500	0	106,500
MBSS	5,178,500	0	107,000
MDRN	90,500	15,000	83,500
MPPA	1,630,000	0	275,000
MYOR	1,579,000	969,500	1,105,500
PGAS	10,120,000	2,665,000	4,463,000
PTBA	2,671,000	617,500	787,000
PTPP	5,449,500	0	3,910,000
RALS	4,265,000	220,000	1,934,000
ROTI	95,000	50,000	87,500
SCMA	475,000	11,500	253,500
SGRO	1,911,500	0	183,500
SIMP	39,712,500	2,750,000	22,773,000
SMRA	5,372,000	841,500	1,994,000
TBIG	4,097,000	172,500	3,331,000
TCID	34,000	0	33,000
TPIA	424,500	94,000	230,000
TURI	11,704,500	0	5,000,000
UNSP	91,857,500	7,500	3,800,000
UNTR	5,878,500	291,500	2,196,500
UNVR	757,500	124,500	262,000
WINS	4,168,000	103,500	2,823,000