Riset Saham Harian
Samuel Research
13 September 2017
www.samuel.co.id
Page 1 of 7
Sentiment global, IHSG berpeluang menguat
Bursa saham AS ditutup menguat dipimpin oleh kenaikan sektor financial.
Kekhawatiran investor pada ketegangan AS dengan Korea Utara mereda
dan dampak financial dari Badai Irma tidak seburuk yang diekspektasikan.
Sama halnya, Bursa Eropa ditutup menguat merespon tren positif dari saham
perbankan dan otomotif. Saat ini kekhawatiran investor mengenaik geopolitik
AS telah mereda dan fokus kembali pada berita korporasi serta makro
ekonomi. Harga minyak mentah menguat setelah OPEC mempertimbangkan
kembali perpanjangan kesepakatan mengenai pembatasan produksi yang
berakhir Mar’18. Di sisi lain, kilang minyak mentah AS sudah kembali pulih
pasca terjadinya Badai Harvey.
IHSG kami perkirakan bergerak menguat seiring sentimen bursa global, serta
mayoritas indeks regional Asia. Dari domestik hasil survey Centre for
Strategic and International Studies (CSIS) yang dirilis kemarin, menunjukkan
tingkat kepuasan
public
terhadap kinerja pemerintahan Jokowi-JK sebesar
68.3%, lebih tinggi dibanding tahun sebelumnya, sehingga menambah
respon positif di market. Rupiah diperkriakan stabil hari ini, tetap bergerak di
kisaran Rp13.200
Highlights
META:
Grup Rajawali melepas saham META
BBTN:
KPR terus meningkat
BUMI:
Menjual Sisa Saham Simpanan
ISSP:
Akan melakukan aksi korporasi
BNGA:
Rekening ponsel bertumbuh pesat
INTA:
Mengincar porsi pendapatan berulang sebesar 50%
Semen:
Penjualan semen 8H17 tumbuh 7,5% yoy
:
5,872.4
:
+0.5
(+0.0%)
:
4,050
Mn shrs
:
5,327
Bn rupiah
Last
Close
+/-
%
HMSP
3,830
60
1.6
BBCA
19,025
125
0.7
MABA
1,880
375
24.9
SMAR
4,250
550
14.9
WSKT
1,890
-240
-11.3
JSPT
2,600
-700
-21.2
AKRA
6,900
-300
-4.2
INTP
19,075
-325
-1.7
Foreign Net Buy / Sell
Net Buy (Rpbn)
Net Sell (Rpbn)
INDY
57
BBRI
202
BMRI
26
ASII
42
UNVR
26
GGRM
34
WSBP
17
BBNI
33
ICBP
10
BSDE
22
Money Market
Last
Close
+/-
%
USD/IDR
13,200
35.0
-0.3
JIBOR O/N
4.2
0.0
-Infl (MoM)
-0.1
-
-Dual Listing Securities
Last
Close
+/-
%
TLKM
35.5
-0.2
-0.7
ISAT
41.4
0.5
1.1
EIDO
27.1
-0.3
-0.9
World Indices
Last
Close
+/-
%
DJIA
22,119
61
0.3
S&P 500
2,496
8
0.3
Euro Stoxx
3,513
17
0.5
MSCI World
1,988
6
0.3
Nikkei
19,869
93
0.5
Hang Seng
27,972
17
0.1
Commodities
Last
Close
+/-
%
Brent Oil
54
-0.1
-0.2
CPO Malay
2,829
27.0
1.0
Coal Newc
100
0.2
0.2
Nickel
11,913
210.5
1.8
Tin
20,804
-76.0
-0.4
Market Value
Changes
Leading Movers
Market Activity
Wednesday, 13 Sep 2017
Market Index
Index Movement
Market Volume
Changes
Changes
Changes
Changes
Lagging Movers
Riset Saham Harian
13 September 2017
www.samuel.co.id
Page 2 of 7
META: Grup Rajawali melepas saham META
Grup Rajawali melepas kepemilikan sahamnya di META sebesar 21% dan meraup Rp 864 miliar.
Saham itu dijual ke PT Matahari Kapital Indonesia senilai Rp 270 per saham. Grup Rajawali
menyatakan kepemilikannya yang minoritas serta posisinya yang tidak memiliki direksi dan bukan
pengendali membuatnya memutuskan untuk melepas saham itu, meski sektornya dinilai sedang
bagus.
PT Matahari Kapital Indonesia diberitakan masih terafiliasi dengan Dirut META, Ramdani Basri.
(Kontan).
META: Non-Coverage.
BBTN: KPR terus meningkat
Per Agustus 2017, KPR BBTN tumbuh 23-25%yoy seiring permintaan yang meningkat sejalan
dengan penurunan tingkat bunga dan promo KPR.
Sebelumnya, Indonesia Properti Expo juga diberitakan menguntungkan BBTN yang memberikan
sejumlah promo menarik.
(Kontan)
. BBTN: Buy; 17E’ PE: 10.2x, PBV: 1.5x.
BUMI: Menjual Sisa Saham Simpanan
PT Bumi Resources Tbk (BUMI) akan menjual saham hasil pembelian kembali (buyback) kepada
Wyoming International Limited. BUMI masih memiliki sisa saham treasury hasil buyback
sebanyak 473,21 juta saham.
Perseroan belum meyebutkan berapa harga saham simpanan yang dijual je Wyoming. Tapi jika
harga sagam treasury itu dilepas di harga pasar saat ini Rp 240 per saham BUMI hanya meraup
penjualan Rp 113,57 miliar, atau sekitar US$ 8,53 juta. Nilai ini berada di bawah harga nominal
saham treasury.
(Kontan).
BUMI: Under Review.
ISSP: Akan melakukan aksi korporasi
PT Steel Pipe Industry of Indonesia Tbk (ISSP) akan menerbitkan global bond USD 250 juta dan
buyback saham dengan dana Rp 51 miliar di tahun ini. Dana hasil emisi obligasi itu akan dipakai
untuk refinancing hutang dan ekspansi usaha.
Pendapatan tahun ini ditargetkan Rp 4 triliun, sementara pada 1H17 perseroan sudah
membukukan Rp 1,6 triliun.
(Investor Daily).
ISSP: Non-Coverage.
BNGA: Rekening ponsel bertumbuh pesat
PT Bank CIMB Niaga Tbk. (BNGA) mencatatkan pertumbuhan jumlah pengguna dan volume
transaksi dari layanan rekening ponsel, yang turut didukung oleh bertumbuhnya ekosistem digital.
BNGA juga tengah berupaya untuk memperluas ekosistem digital melalui kerjasamanya dengan
sejumlah platform e-Commerce.
Menurut keterangan pihak manajemen, produk rekening ponsel merupakan salah satu produk
andalan perusahaan dalam menggenjot pertumbuhan transaksi digital, di mana volume transaksi
digital tiap tahun bertumbuh sekitar 10 – 12%. Pertumbuhan jumlah nasabah pengguna rekening
ponsel saat ini sudah mencapai sekitar 25%YoY, dan dari sisi volume tansaksi tercatat
pertumbuhan sekitar 35%YoY.
(Bisnis Indonesia).
BNGA: Non-Coverage.
Riset Saham Harian
13 September 2017
www.samuel.co.id
Page 3 of 7
INTA: Mengincar porsi pendapatan berulang sebesar 50%
PT Intraco Penta Tbk. (INTA) menargetkan kontribusi pendapatan berulang terhadap total
pendapatan perusahaan mencapai 50%. Direktur Keuangan Perusahaan, Fred L. Manibog
mengatakan bahwa target tersebut ditetapkan seiring dengan masuknya perusa haan pada bisnis
pembangkit listrik.
INTA mulai merambah bisnis pembangkit listrik dengan pembangun PLTU 2X100 MW di Bengkulu
senilai 360 juta dolar AS atau sekitar Rp4,7 triliun (asumsi kurs Rp13,000 per dolar AS).
INTA juga akan memiliki dua PLTU hingga 2020, dan masing
– masing kapasitasnya dapat
ditingkatkan, dikarenakan masih adanya kecukupan lahan. INTA juga mengincar sejumlah tender
pengadaan pembangkit listrik lain, namun sejauh ini masih dirahasiakan.
(Bisnis Indonesia).
INTA:
Non-Coverage.
Semen: Penjualan semen 8H17 tumbuh 7,5% yoy
Berdasarkan data Asosiasi Semen Indonesia (ASI), penjualan semen nasional di 8H17 tercatat
tumbuh 7,5% yoy menjadi 43 juta ton. Penjualan domestik naik 5,6% yoy didorong oleh
pertumbuhan permintaan di pulau Jawa sebesar 10,5% yoy. Sementara penjualan ekspor
melonjak 78% yoy dan mencapai 1,85 juta ton.
(Investor Daily).
Cement: Underweight.
Riset Saham Harian
13 September 2017
www.samuel.co.id
Page 4 of 7
Stock Rec. Mkt Cap JCI Wgt Last price 1D Chg YTD Chg TP Cons TP SSI Upside PE PE PBV PBV ROE ROE (Rp bn) (%) (Rp) (%) (%) (Rp) (Rp) (%) 17E 18E 17E 18E 17E 18E Banks BMRI BUY 308,000 4.8 13200 0.0 14.0 13485 14400 9.1 15.5 12.6 1.8 1.5 11.3% 12.0% BBCA HOLD 469,062 7.3 19025 0.7 22.7 19441 18000 -5.4 20.3 19.1 3.6 3.2 17.9% 16.5% BBRI BUY 368,187 5.7 14925 (0.2) 27.8 16027 16600 11.2 13.1 11.3 2.2 1.9 16.9% 17.0% BBNI BUY 135,203 2.1 7250 0.3 31.2 7712 7700 6.2 10.2 8.6 1.4 1.2 13.5% 14.3% BBTN BUY 31,982 0.5 3020 0.7 73.6 2867 2870 -5.0 10.2 9.5 1.5 1.3 14.4% 13.7% BNLI BUY 20,331 0.3 725 1.4 35.2 775 890 22.8 13.7 15.1 0.9 0.9 6.7% 5.7% Average 13.8 12.7 1.9 1.7 13.4% 13.2% Consumer (Staples) ICBP BUY 102,333 1.6 8775 0.9 2.3 9258 9400 7.1 27.2 24.7 5.2 4.7 19.3% 19.0% INDF BUY 76,390 1.2 8700 1.2 9.8 9511 9900 13.8 16.4 14.2 2.3 2.1 14.2% 14.9% KLBF BUY 80,860 1.3 1725 0.0 13.9 1815 1750 1.4 32.5 28.8 6.1 5.4 18.7% 18.7% ROTI BUY 6,479 0.1 1280 2.4 (20.0) 1319 1450 13.3 34.6 17.8 4.2 3.5 12.1% 19.6% UNVR HOLD 386,078 6.1 50600 0.1 30.4 49280 45200 -10.7 54.1 48.2 63.0 55.2 116.6% 114.4% SIDO BUY 7,440 0.1 496 0.4 (4.6) 550 550 10.9 15.1 14.5 2.3 2.2 15.5% 15.0% AISA BUY 2,784 0.0 865 (3.9) (55.5) 1600 1600 85.0 4.5 3.8 0.7 0.6 14.7% 16.5% Average 26.3 21.7 12.0 10.5 30.1% 31.2% Cigarette HMSP BUY 445,498 7.0 3440 1.6 0.0 4007 4390 27.6 31.0 29.9 10.6 9.7 34.3% 32.4% GGRM BUY 126,172 2.0 67000 (0.8) 2.6 77997 77150 15.1 18.4 17.2 2.9 2.5 15.6% 14.8% Average 24.7 23.6 6.7 6.1 24.9% 23.6% Healthcare MIKA BUY 29,101 0.5 2000 (2.0) (22.2) 2494 2950 47.5 37.0 33.9 7.2 6.6 19.6% 19.3% SILO HOLD 13,006 0.2 10000 (2.2) (8.3) 11457 12500 25.0 123.5 97.1 4.0 3.7 3.3% 3.8% Average 80.2 65.5 5.6 5.1 11.4% 11.6% Poultry CPIN BUY 45,422 0.7 2770 0.4 (10.4) 3081 4500 62.5 11.7 10.9 1.5 1.4 12.8% 12.4% JPFA BUY 13,008 0.2 1140 (0.9) (21.6) 1524 1500 31.6 6.7 5.4 1.2 1.0 18.0% 18.9% MAIN BUY 1,970 0.0 880 (1.7) (32.3) 1015 1250 42.0 5.2 4.1 0.8 0.7 14.6% 16.1% Average 7.9 6.8 1.2 1.0 15.2% 15.8% Retail MAPI BUY 11,371 0.2 6850 (2.1) 26.9 7563 7700 12.4 45.4 32.8 3.3 3.0 7.2% 9.1% RALS BUY 6,564 0.1 925 (1.6) (22.6) 1216 1300 40.5 12.7 9.9 1.7 1.5 13.3% 15.4% ACES BUY 18,522 0.3 1080 1.4 29.3 1213 1300 20.4 24.5 20.0 5.5 4.6 22.4% 23.0% LPPF BUY 27,283 0.4 9350 (3.4) (38.2) 13662 17500 87.2 9.9 9.5 8.0 5.7 81.1% 60.0% Average 23.1 18.1 4.6 3.7 31.0% 26.9% Media MNCN BUY 18,702 0.3 1310 (1.5) (25.4) 1931 2000 52.7 10.5 8.9 1.9 1.7 18.2% 19.3% SCMA BUY 29,682 0.5 2030 2.0 (27.5) 2992 2800 37.9 17.8 16.1 7.4 6.4 41.3% 39.9% Average 14.1 12.5 4.6 4.1 29.8% 29.6% Telco EXCL BUY 41,362 0.7 3870 1.3 67.5 3808 3200 -17.3 104.6 69.1 1.9 1.9 1.8% 2.7% ISAT BUY 34,641 0.5 6375 (1.2) (1.2) 8111 8200 28.6 17.5 12.5 2.3 2.1 13.4% 16.7% TLKM BUY 475,776 7.5 4720 0.2 19.1 5114 5000 5.9 19.7 15.2 4.7 4.1 24.0% 26.7% TOWR BUY 45,709 0.7 4480 (0.2) 25.1 4893 4500 0.4 13.0 12.2 3.2 2.5 24.5% 20.7% Average 38.7 27.3 3.0 2.6 15.9% 16.7% Auto and HE ASII BUY 319,820 5.0 7900 0.0 (4.5) 8944 9000 13.9 13.7 12.1 2.5 2.0 18.6% 16.6% UNTR BUY 117,872 1.9 31600 (0.8) 48.7 33069 31500 -0.3 18.1 16.0 2.7 2.4 14.7% 14.9% Average 15.9 14.1 2.6 2.2 16.6% 15.7% Aviation GIAA HOLD 8,491 0.1 328 1.9 (3.0) 323 420 28.0 246.4 24.6 0.5 0.4 0.2% 1.7% Property BSDE BUY 34,355 0.5 1785 (3.3) 1.7 2277 2350 31.7 15.9 13.7 1.4 1.2 8.7% 8.5% PWON BUY 31,545 0.5 690 0.0 15.9 727 710 2.9 16.8 14.1 3.2 2.7 19.2% 19.3% ASRI BUY 6,759 0.1 344 (0.6) (2.3) 417 390 13.4 12.7 12.3 0.9 0.8 6.7% 6.6% SMRA HOLD 14,138 0.2 980 (2.0) (26.0) 1295 1110 13.3 43.4 32.5 1.8 1.8 4.1% 5.7% SSIA BUY 2,964 0.0 630 (1.6) 45.2 819 750 19.0 14.0 11.7 0.9 0.9 6.6% 7.5% CTRA BUY 21,437 0.3 1155 (0.4) (13.5) 1501 1580 36.8 17.0 14.8 1.5 1.4 8.8% 9.7% DMAS BUY 9,350 0.1 194 (2.0) (15.7) 296 300 54.6 11.0 8.9 1.1 1.0 9.7% 10.8% KIJA BUY 6,497 0.1 312 (0.6) 7.7 413 450 44.2 13.6 12.0 1.1 1.0 7.8% 8.1% Average 18.0 15.0 1.5 1.3 8.9% 9.5%
Riset Saham Harian
13 September 2017
www.samuel.co.id
Page 5 of 7
Construction PTPP BUY 15,872 0.2 2560 (2.3) (32.8) 4299 4150 62.1 11.4 9.6 1.3 1.2 11.8% 12.6% ADHI HOLD 7,104 0.1 1995 (1.7) (4.1) 2671 2550 27.8 21.5 18.0 1.3 1.3 6.0% 7.1% WSKT BUY 25,655 0.4 1890 (11.3) (25.9) 3062 3250 72.0 11.3 9.0 1.3 1.2 11.2% 13.6% WIKA BUY 16,998 0.3 1895 (3.3) (19.7) 2883 3000 58.3 15.3 13.3 1.2 1.1 8.0% 8.3% Average 14.9 12.5 1.3 1.2 9.3% 10.4% Cement INTP SELL 70,219 1.1 19075 (1.7) 23.9 16692 13500 -29.2 19.3 18.2 2.5 2.3 12.9% 12.6% SMGR HOLD 61,984 1.0 10450 0.0 13.9 10572 9000 -13.9 15.3 13.9 2.0 1.8 12.9% 12.9% SMCB SELL 6,360 0.1 830 3.1 (7.8) 713 700 -15.7 -34.6 -27.7 0.8 0.8 -2.3% -2.8% SMBR HOLD 29,207 0.5 2950 (0.3) 5.7 559 2300 -22.0 77.6 73.8 7.8 6.9 10.0% 9.3% Average 19.4 19.5 3.3 2.9 8.4% 8.0% Precast WSBP BUY 10,597 0.2 452 (8.6) (27.6) 677 690 52.7 11.6 9.0 1.4 1.2 12.3% 13.6% WTON BUY 4,968 0.1 570 (1.7) (30.9) 937 1150 101.8 15.0 13.0 1.6 1.4 10.9% 10.6% Average 13.3 11.0 1.5 1.3 11.6% 12.1%Oil and Gas
PGAS HOLD 41,695 0.7 1720 2.1 (36.3) 2254 2600 51.2 9.5 7.7 0.9 0.8 9.4% 10.7% AKRA BUY 27,601 0.4 6900 -4.17 15.0 7150 7600 10.1 23.5 23.3 3.6 3.3 15.2% 14.0% TPIA BUY 76,952 1.2 21575 0.5 6.4 28124 29000 34.4 17.6 16.2 3.0 2.7 17.1% 16.8% MEDC BUY 11,464 0.2 860 (5.5) 160.6 1029 1125 30.8 4.8 4.5 0.8 0.7 17.6% 16.3% Average 13.9 12.9 2.1 1.9 15% 14% Utilities JSMR HOLD 43,184 0.7 5950 0.4 37.7 6107 5100 -14.3 22.2 22.5 2.9 2.6 12.9% 11.7% Metal ANTM BUY 16,341 0.3 680 (1.4) (24.0) 810 1250 83.8 7.9 4.3 0.8 0.8 10.0% 17.8% INCO HOLD 30,008 0.5 3020 1.3 7.1 2754 2145 -29.0 113.7 56.9 1.3 1.2 1.1% 2.1% TINS BUY 6,889 0.1 925 (1.6) (14.0) 1165 1200 29.7 16.5 12.3 1.2 1.1 7.3% 9.3% Average 46.0 24.5 1.1 1.0 6.1% 9.7% Coal DOID BUY 8,293 0.1 975.0 0.0 91.2 1575.0 1600 64.1 12.2 6.9 3.5 2.3 28.6% 33.1% ITMG BUY 22,796 0.4 20175 (1.3) 19.6 22893 22300 10.5 9.5 9.5 1.7 1.6 17.9% 16.6% ADRO BUY 59,654 0.9 1865 (1.8) 10.0 2140 2200 18.0 10.4 10.1 14.0 11.7 135.0% 115.8% PTBA BUY 28,053 0.4 12175 (1.4) (2.6) 15472 15000 23.2 12.6 10.2 2.5 2.2 19.9% 21.5% Average 11.2 9.2 5.4 4.4 50.3% 46.8% Plantation AALI BUY 28,822 0.5 14975 (0.8) (10.7) 17811 19800 32.2 16.4 13.8 1.8 1.7 10.7% 12.1% LSIP BUY 9,484 0.1 1390 (1.4) (20.1) 1694 2050 47.5 12.5 9.7 1.1 1.1 9.1% 10.9% SIMP HOLD 8,066 0.1 510 1.0 3.2 510 600 17.6 10.9 10.0 0.5 0.5 5.0% 5.2% Average 13.3 11.2 1.1 1.1 8.3% 9.4%
Source: SSI Research, Bloomberg
Riset Saham Harian
13 September 2017
www.samuel.co.id
Page 6 of 7
Regional Indices
1D Change
Points
1D
3D
1W
1M
3M
YTD
1YR
High
Low
World
6.31
1,988
0.32
1.21
1.49
2.61
3.09
13.54
17.31
1,988
1,657
U.S. (S&P)
8.37
2,496
0.34
1.27
1.57
2.26
2.30
11.51
17.37
2,497
2,084
U.S. (DOW)
61.49
22,119
0.28
1.53
1.68
1.19
3.71
11.92
22.43
22,179
17,884
Europe
17.37
3,513
0.50
1.88
2.68
3.12
(1.27)
6.75
18.08
3,667
2,923
Emerging Market
3.08
1,102
0.28
1.02
1.76
5.70
9.16
27.83
24.41
1,103
837
FTSE 100
(12.90)
7,401
(0.17)
0.05
0.38
1.24
(1.33)
3.61
n/a
7,599
6,655
CAC 40
32.30
5,209
0.62
1.85
2.41
2.93
(1.00)
7.13
18.73
5,442
4,311
Dax
49.53
12,525
0.40
1.86
3.31
4.25
(1.88)
9.09
20.59
12,952
10,175
Indonesia
0.50
5,872
0.01
0.69
0.73
1.84
2.89
10.87
12.59
5,917
5,023
Japan
80.33
19,857
0.41
3.02
2.58
0.64
(0.21)
3.88
18.70
20,318
16,112
Australia
26.76
5,773
0.47
1.77
1.47
1.41
0.01
1.90
10.86
5,957
5,052
Korea
(1.57)
2,364
(0.07)
0.86
1.90
1.90
(0.45)
16.65
18.23
2,453
1,931
Singapore
7.18
3,236
0.22
0.24
(0.48)
(1.34)
(0.67)
12.32
14.81
3,355
2,761
Malaysia
7.12
1,790
0.40
0.39
1.14
1.30
0.30
9.02
6.72
1,797
1,614
Hong Kong
17.11
27,972
0.06
1.63
0.83
4.05
8.20
27.14
20.49
28,128
21,489
China
3.07
3,379
0.09
0.42
(0.14)
5.33
7.16
8.89
11.77
3,391
2,969
Taiwan
38.19
10,610
0.36
0.68
(0.07)
2.72
4.76
14.66
18.67
10,656
8,880
Thailand
6.01
1,644
0.37
0.67
1.43
5.27
4.53
6.52
13.60
1,648
1,343
Philipines
26.56
8,049
0.33
0.82
0.18
1.52
0.74
17.67
6.17
8,107
6,499
Monetary Indicators
1D Change
Points
1W
1M
3M
YTD
1YR
High
Low
JIBOR Overnight (%)
0.02
4.16
0.03
(15.47)
(20.82)
(1.78)
(16.26)
5.39
4.10
Foreign Reserve (US$bn)
n/a
128.79
n/a
0.81
3.07
10.68
13.43
128.79
111.47
Inflation Rate (%)
n/a
(0.07)
n/a
(131.82) (117.95) (116.67) (250.00)
0.97
(0.07)
US Fed Rate (%)
0.00
1.25
0.00
0.00
25.00
66.67
150.00
1.25
0.50
Indo Govt Bond Yld (10yr) - %
0.00
6.44
(1.90)
(6.57)
(6.57)
(19.18)
(7.86)
8.36
6.34
Exchange Rate (per US$)
1D Change
Currency
Points
1D
3D
1W
1M
3M
YTD
1YR
High
Low
Indonesia
35.00
13200
(0.27)
0.81
1.05
1.13
2.07
2.07
(0.77)
13,593
12,920
Japan
(0.09)
110.08
0.08
(2.03)
(0.78)
(0.41)
6.25
6.25
(6.83)
118.66
100.09
UK
0.00
1.33
0.05
0.67
1.89
2.51
7.69
7.69
0.73
1.33
1.18
Euro
0.00
1.20
0.05
(0.52)
0.47
1.64
13.84
13.84
6.71
1.21
1.03
China
0.01
6.54
(0.09)
(0.75)
0.05
2.08
6.27
6.27
2.22
6.96
6.44
Commodities Indicators
1D Change
Spot
Points
1D
3D
1W
1M
3M
YTD
1YR
High
Low
Oil
0.07
48.30
0.15
1.73
(1.75)
(1.07)
3.96
(10.09)
7.57
55.24
42.05
CPO
27.00
2,829.00
0.96
1.69
2.24
5.48
15.14
(9.01)
7.16
3,202.00
2,425.00
Rubber
2.50
849.50
0.30
(0.06)
0.53
3.35
4.55
(13.09)
28.13
1,174.00
661.50
Coal
0.20
99.75
0.20
2.15
1.99
4.12
25.55
12.84
42.50
115.00
73.60
Iron Ore
(0.88)
77.46
(1.12)
(0.90)
(2.34)
0.91
40.84
(0.77)
37.10
94.91
54.24
Tin
(76.00)
20,804.00
(0.36)
(0.33)
(0.41)
1.88
8.47
(1.89)
9.01
21,945.00
18,750.00
Nickel
225.00
11,990.00
1.91
(1.32)
(0.75)
12.48
36.33
19.66
18.95
12,380.00
8,680.00
Copper
(80.00)
6,668.00
(1.19)
(3.34)
(3.36)
4.01
15.52
20.46
43.46
6,970.00
4,633.00
Gold
3.00
1,331.80
0.23
(1.15)
(0.25)
3.42
5.21
15.64
0.92
1,358.50
1,123.90
Source: SSI Research, Bloomberg
Last Price
Last Price
Change (%)
1 Year
Change (%)
1 Year
Last Price
Change (%)
1 Year
Change (%)
1 Year
DISCLAIMERS : Analyst Certification : The v iews expressed in this research accurately ref lect the personal views of the analyst(s) about the subject securities or issuers and no part of the compensation of the analyst(s) was, is, or will be directly or indirectly related to the inclusion of specific recommendations or v iews in this research. The analyst(s) principally responsible for the preparation of this research has taken reasonable care to achieve an d maintain independence and objectivity in making any recommendations. This document is f or information only and f or the use of the recipient. It is not to be reproduced or copied or made available to others. Under no circumstances is it to be considered as an offer to sell or solicitation to buy any security. Any recommenda tion contained in this report may not be suitable f or all investors. Moreover, although the inf ormation contained herein has been obtained from sources believed to be reliable, its accuracy, completeness and reliability cannot be guaranteed. All rights reserv ed by PT Samuel Sekuritas Indonesia
