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Daily Insight
10-Aug-2017
Market Update
Pasar saham Eropa dan Amerika ditutup turun kemarin
karena semakin memanasnya ketegangan geopolitik antara
AS dengan Korea Utara. Sedangkan sentimen positif datang
dari harga minyak yang menguat setelah persediaan AS
turun dari perkiraan. Hari ini akan rilis data PPI dan
Unemployment Claims AS.
Pasar saham Korea, Jepang dan Australia dibuka turun pagi
ini.
Dari dalam negeri, Inflasi pertama Agustus 2017 terjaga di
level 0,02% secara bulanan atau lebih rendah dari bulan
sebelumnya yang sebesar 0,22%. BI memperkirakan defisit
transaksi berjalan pada semester I 2017 akan lebih rendah
2% terhadap PDB. Retail sales bulan Juli tercatat mengalami
penguatan cukup tinggi.
IHSG diprediksi akan bergerak melemah.
News
Impack Pratama Industri (IMPC): Anak usaha mengakusisi
bisnis dan aset perusahaan asal New Zealand yang bergerak
dalam bidang industri dan distribusi produk. (Iqplus)
Bank Central Asia (BBCA): Capex Rp900 miliar untuk
pengembangan IT. (Iqplus)
Industri Jamu dan Farmasi Sido Muncul (SIDO): Akan
meningkatkan penjualannya ke Philipina dan Afrika. (Iqplus)
Perusahaan Gas Negara (PGAS): Membangun Jembatan di
serang, dengan dana Rp3,42 miliar. (Iqplus)
Indosat (ISAt): Laba bersih IH2017 naik menjadi Rp784
miliar dari Rp428 miliar. (Iqplus)
PP Properti (PPRO): Membentuk perusahaan patungan
dengan beberapa pihak di Surabaya pada 7 Agustus 2017.
(Iqplus)
Elnusa (ELSA): Telah mengantongi total kontrak senilai lebih
dari Rp6,5 triliun. (Iqplus)
Perusahaan Gas Negara (PGAS): Menyiapkan belanja modal
(capital expenditure/ capex) sebesar 500 juta dolar AS.
(Iqplus)
Compiled by:
Aji Setiawan
[email protected]
Shanti Dwi Jayanti
[email protected]
Daily Chg
Yt d
Dow Jones
22,049
-0.2%
11.6%
S&P 500
2,474
0.0%
10.5%
Nasdaq
6,352
-0.3%
18.0%
FTSE 100
7,498
-0.6%
5.0%
DAX
12,154
-1.1%
5.9%
CAC 40
5,146
-1.4%
5.8%
Hang Seng
27,757
-0.4%
26.2%
Nikkei
19,739
-1.3%
3.3%
Kospi
2,368
-1.1%
16.9%
Shanghai Comp
3,276
-0.2%
5.5%
All Ordinaries
4,106
-0.5%
6.0%
EIDO
26.78
0.2%
11.0%
Idn CDS 5yr USD
110.91
1.8%
-29.8%
MSCI Emerging Mkt
1,069
-0.9%
24.0%
CBOE SPX Volatility
11.11
1.4%
-20.9%
US Dollar Index
93.55
-0.1%
-8.5%
Commodit ies
US$
Daily Chg
Yt d
Coal
91.6
1.7%
20.8%
CPO (MYR)
2,628
0.2%
-18.3%
Crude Oil
49.6
0.8%
-7.7%
Gold
1,277
1.3%
11.3%
Copper
293
-0.5%
16.8%
Nickel
10,719
1.2%
7.5%
Tin
20,290
0.1%
-4.3%
HRC Steel
619.0
0.0%
-2.2%
Corn
372.3
0.7%
5.8%
Soybean
963.0
0.0%
-3.4%
Indonesia
Daily Chg
Yt d
USDIDR
13,333
0.2%
-1.0%
IHSG
5,824
0.2%
10.0%
LQ45
969
0.2%
9.6%
ISSI
185
0.7%
7.6%
JII
749
0.7%
7.9%
Finance
983
0.4%
21.1%
Property
508
1.5%
-1.9%
Consumer
2,389
-0.7%
2.8%
Misc Indust
1,373
0.3%
0.2%
Basic Indust
621
1.3%
15.4%
Mining
1,484
-0.1%
7.2%
Agriculture
1,736
-0.3%
-6.9%
Trading
918
0.4%
6.7%
Infrastructure
395
0.7%
15.6%
Indonesia St ock
Yt d
Foreign Net Buy (Sell)
(266)
5,350
(bn Rp)
Value Shares Traded
5,391
(bn Rp)
Volume Shares Traded
5,885
(mn shares)
Govt Bond Yield (%)
Daily Chg
Indonesia 10yr IDR
6.87
0.01
Indonesia 10yr USD
3.57
(0.00)
US Treasury 10yr
2.24
0.05
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World Economic Calendar
RUPS
Ticker Date Place Action
ITMA 11-Aug-17 RUPSLB
EXCL 15-Aug-17 RUPSLB
PLIN 15-Aug-17 RUPSLB
CASA 16-Aug-17 Le Meridien Hotel RUPSLB
SAFE 18-Aug-17 Gedung Kana RUPSLB
MAYA 22-Aug-17 Mayapada Tower 2 RUPSLB BYAN 23-Aug-17 Mercantile Athletic Club RUPSLB BNGA 26-Aug-17 Graha CIMB Niaga RUPSLB
Source: KSEI (0.97) (1.77) 8.35 22.32 21.69 17.37 6.73
Jan-17 Feb-17 Mar-17 Apr-17 May-17 Jun-17 Jul-17 Indonesia Equity Foreign Net Buy (Sell) Value
Ytd accumulation (Rp tn)
Daily
Yt d
Misc Indust
ASII IJ Equity
8,000
0.0%
-3.3%
SMSM IJ Equity
1,070
0.9%
9.2%
Basic Indust
SMGR IJ Equity
10,900
3.6% 18.8%
INTP IJ Equity
19,200
2.1% 24.7%
CPIN IJ Equity
2,850
1.1%
-7.8%
JPFA IJ Equity
1,110
-1.3% -23.7%
Finance
BBTN IJ Equity
2,750
3.0% 58.0%
BBNI IJ Equity
7,275
0.7% 31.7%
BBRI IJ Equity
15,025
0.5% 28.7%
BBCA IJ Equity
18,975
-0.1% 22.4%
Consumer
UNVR IJ Equity
48,100
1.4% 24.0%
ICBP IJ Equity
8,350
0.0%
-2.6%
INDF IJ Equity
8,400
0.0%
6.0%
Property
WSKT IJ Equity
2,330
2.2%
-8.6%
WIKA IJ Equity
2,070
3.8% -12.3%
PWON IJ Equity
690
0.0% 22.1%
KIJA IJ Equity
318
1.3%
9.7%
Infrastructure
TLKM IJ Equity
4,710
0.4% 18.3%
JSMR IJ Equity
5,600
2.3% 29.6%
Trading
UNTR IJ Equity
29,825
2.1% 40.4%
AKRA IJ Equity
6,575
-2.6%
9.6%
RALS IJ Equity
935
-2.1% -21.8%
Mining
PTBA IJ Equity
13,100
-3.3%
4.8%
ITMG IJ Equity
20,225
0.4% 19.9%
HRUM IJ Equity
2,350
0.0%
9.8%
Agriculture
AALI IJ Equity
15,250
-0.3%
-9.1%
SIMP IJ Equity
500
-1.0%
1.2%
LS 27 average ret urn
0.55% 11.1%
JCI Index
5,824
0.23% 10.0%
Source: Bloomberg, Reliance Sekuritas Indonesia Research
Indonesia St ock Yt d Net
Foreign Net
Value (Rp bn)
JASXFBAT Index
Buy (Sell) (Rp bn)
9-Aug-17
159.31
5,509.42
8-Aug-17
(265.54)
7-Aug-17
(348.67)
4-Aug-17
(180.40)
3-Aug-17
(305.07)
So urce: B lo o mbergEvent
Period
Prior
Survey
Actual
09-Aug-17 CN Producer Price Index (YoY)
Jul
5.50%
5.50%
Consumer Price Index (MoM)
Jul
-0.20%
0.20%
Consumer Price Index (YoY)
Jul
1.50%
1.50%
US Unit Labor Costs
Jun
1.20%
2.20%
Nonfarm Productivity
Jun
0.00%
0.70%
10-Aug-17 JP
Tertiary Industry Index (MoM)
Jul
-0.10%
0.20%
US Initial Jobless Claims
Aug
240K
240K
Continuing Jobless Claims
Jul
1.968M
1.960M
Monthly Budget Statement
Jul
$-90B
$-73.B
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Indonesia Government Bonds
Mat urit y
Price (Bid)
YTM (Bid)
Cpn
Next Coupon Issued
OR11 10/15/2017
100.53
5.34
8.50
8/15/2017
10/22/2014
OR12 10/15/2018
103.22
6.14
9.00
8/15/2017
10/21/2015
OR13 10/15/2019
99.98
6.61
6.60
8/15/2017
10/26/2016
SR07 3/11/2018
101.42
5.73
8.25
9/11/2017
3/11/2015
SR08 3/10/2019
102.62
6.54
8.30
9/10/2017
3/10/2016
FR31 11/15/2020
112.55
6.64
11.00
11/15/2017
6/16/2005
FR32 7/15/2018
108.00
5.91
15.00
1/15/2018
9/1/2005
FR34 6/15/2021
120.42
6.67
12.80
12/15/2017
1/26/2006
FR35 6/15/2022
125.01
6.75
12.90
12/15/2017
2/16/2006
FR36 9/15/2019
109.59
6.50
11.50
9/15/2017
4/20/2006
FR37 9/15/2026
132.74
7.06
12.00
9/15/2017
5/18/2006
FR38 8/15/2018
105.31
6.06
11.60
8/15/2017
8/24/2006
FR39 8/15/2023
123.49
6.90
11.75
8/15/2017
8/24/2006
FR40 9/15/2025
123.96
7.06
11.00
9/15/2017
9/21/2006
FR42 7/15/2027
121.94
7.13
10.25
1/15/2018
1/25/2007
FR43 7/15/2022
114.39
6.76
10.25
1/15/2018
2/22/2007
FR44 9/15/2024
116.43
7.02
10.00
9/15/2017
4/19/2007
FR45 5/15/2037
120.06
7.75
9.75
11/15/2017
5/24/2007
FR46 7/15/2023
112.72
6.85
9.50
1/15/2018
7/19/2007
FR47 2/15/2028
120.81
7.15
10.00
8/15/2017
8/30/2007
FR48 9/15/2018
102.84
6.25
9.00
9/15/2017
9/27/2007
FR50 7/15/2038
126.50
7.89
10.50
1/15/2018
1/24/2008
FR52 8/15/2030
125.34
7.43
10.50
8/15/2017
8/20/2009
FR53 7/15/2021
105.39
6.66
8.25
1/15/2018
7/8/2010
FR54 7/15/2031
117.72
7.43
9.50
1/15/2018
7/22/2010
FR56 9/15/2026
108.87
7.04
8.38
9/15/2017
9/23/2010
FR57 5/15/2041
117.38
7.87
9.50
11/15/2017
4/21/2011
FR58 6/15/2032
107.01
7.46
8.25
12/15/2017
7/21/2011
FR59 5/15/2027
100.89
6.87
7.00
11/15/2017
9/15/2011
FR61 5/15/2022
101.38
6.65
7.00
11/15/2017
10/6/2011
FR62 4/15/2042
83.82
7.87
6.38
10/15/2017
2/9/2012
FR63 5/15/2023
94.33
6.83
5.63
11/15/2017
8/13/2012
FR64 5/15/2028
92.17
7.18
6.13
11/15/2017
8/13/2012
FR65 5/15/2033
91.79
7.52
6.63
11/15/2017
8/30/2012
FR66 5/15/2018
99.47
5.97
5.25
11/15/2017
10/25/2012
FR67 2/15/2044
109.51
7.89
8.75
8/15/2017
7/18/2013
FR68 3/15/2034
107.57
7.57
8.38
9/15/2017
8/1/2013
FR69 4/15/2019
102.33
6.37
7.88
10/15/2017
8/29/2013
FR70 3/15/2024
107.59
6.92
8.38
9/15/2017
8/29/2013
FR71 3/15/2029
113.61
7.24
9.00
9/15/2017
9/12/2013
FR72 5/15/2036
106.65
7.58
8.25
11/15/2017
7/9/2015
FR73 5/15/2031
112.34
7.31
8.75
11/15/2017
8/6/2015
FR74 8/15/2032
101.59
7.32
7.50
8/15/2017
11/10/2016
Source: Bloomberg
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Key Statistic
Ticker
Closing Price
Change (%)
P/E (x)
P/S (x)
P/B (x)
ROA (%)
ROE (%)
11.61 AALI 15,250.00 (0.33) 13.00 1.80 1.68 9.03 13.48 BWPT 220.00 (1.79) - 2.36 1.15 (1.91) (4.98) SSMS 1,400.00 - 19.56 4.53 3.61 8.89 19.83 LSIP 1,410.00 (1.40) 10.21 2.06 1.22 10.25 12.50 DSNG 494.00 0.82 10.48 1.07 1.80 5.79 18.48 9.58 ADRO 1,805.00 (3.48) 11.63 1.63 1.34 5.97 12.08 INCO 2,640.00 8.20 - 3.13 1.09 0.02 0.03 ITMG 20,225.00 0.37 10.22 1.19 1.92 13.49 19.20 PTBA 13,100.00 (3.32) 8.93 1.67 2.33 17.10 28.86 27.63 AISA 1,110.00 0.45 6.22 0.56 0.88 6.15 15.23 UNVR 48,100.00 1.42 54.64 9.05 74.81 35.16 137.12 ULTJ 4,950.00 (1.49) 18.33 3.04 3.79 18.53 22.77 ICBP 8,350.00 - 26.19 2.80 5.42 12.32 21.92 KLBF 1,740.00 - 34.42 4.10 6.74 15.46 20.76 MYOR 1,860.00 - 37.58 2.63 6.71 9.92 22.10 ROTI 1,220.00 - 27.63 2.46 4.36 7.86 16.61 SIDO 500.00 - 16.26 3.02 2.84 16.77 18.11 23.64 ACES 1,110.00 2.30 23.64 3.53 6.11 22.35 28.06 AKRA 6,575.00 (2.59) 25.80 1.53 3.62 6.35 14.55 LPPF 11,300.00 (0.44) 14.97 3.15 - 37.94 -MAPI 6,700.00 5.51 32.93 0.73 2.83 3.14 9.73 MIKA 2,260.00 (1.74) 46.93 13.47 8.86 16.73 19.63 MNCN 1,570.00 (1.26) 18.83 3.06 2.42 7.74 12.85 UNTR 29,825.00 2.14 16.93 2.12 2.60 9.58 16.27 17.11 APLN 230.00 (0.86) 7.77 0.66 0.59 2.23 7.89 ASRI 360.00 2.27 10.70 2.27 0.91 3.33 8.90 PWON 690.00 - 19.84 6.21 3.55 8.02 19.41 BSDE 1,820.00 0.83 11.74 4.45 1.56 7.47 14.18 CTRA 1,190.00 8.18 17.11 2.84 1.72 3.38 8.75 DILD 424.00 3.41 12.99 1.76 0.81 2.86 6.53 KIJA 318.00 1.27 22.72 2.07 1.26 2.74 5.68 LPKR 770.00 2.67 24.47 1.71 0.91 1.63 3.98 SMRA 1,120.00 9.27 48.06 2.80 2.60 1.64 5.51 SSIA 700.00 2.19 - 0.86 1.12 0.91 2.15 ADHI 2,120.00 1.92 19.40 0.58 1.38 1.94 7.36 PPRO 214.00 5.94 27.91 4.78 4.26 5.17 13.69 WSKT 2,330.00 2.19 9.33 0.73 2.74 4.14 22.46 LPCK 4,760.00 (0.21) 6.60 2.24 0.76 8.87 12.21 MDLN 282.00 2.92 4.91 1.27 0.52 5.31 11.23 JRPT 855.00 1.79 10.70 4.75 2.21 12.63 23.03 20.33 CPIN 2,850.00 1.06 22.95 1.06 3.17 7.86 14.09 INTP 19,200.00 2.13 30.17 4.99 2.99 8.51 9.69 MAIN 925.00 0.54 - 0.40 1.11 6.48 15.13 SMBR 3,090.00 1.31 141.68 20.29 9.34 5.12 6.97 SMCB 810.00 1.89 - 0.69 0.78 (2.34) (5.69) SMGR 10,900.00 3.56 17.71 2.45 2.29 8.32 13.35 16.07 ASII 8,000.00 - 18.60 1.70 2.78 6.49 15.75 AUTO 2,550.00 0.79 26.36 0.96 1.28 3.16 4.94 SMSM 1,070.00 0.94 13.55 2.03 4.15 20.48 32.77 SRIL 334.00 0.60 7.46 0.67 1.34 6.50 19.21 13.39 BBCA 18,975.00 (0.13) 21.70 7.08 3.88 3.16 19.26 BBNI 7,275.00 0.69 10.10 2.34 1.49 2.29 15.56 BBRI 15,025.00 0.50 13.39 3.21 2.44 2.84 19.35 BBTN 2,750.00 3.00 10.23 1.49 1.47 1.38 15.23 BDMN 5,475.00 0.46 17.64 2.16 1.41 1.69 8.25 BMRI 13,400.00 (0.19) 19.31 3.02 2.02 1.59 10.81 BTPN 2,510.00 - 8.13 0.99 0.89 1.93 11.34 BBKP 610.00 - 5.03 0.51 0.56 1.04 11.60 BJTM 695.00 1.46 10.09 2.03 1.44 2.40 15.23 BJBR 2,720.00 4.21 22.71 2.35 2.74 1.21 13.31 12.76 CMNP 1,325.00 (0.38) 9.80 2.33 0.96 6.56 11.11 EXCL 3,420.00 (2.84) - 1.71 1.71 0.52 1.39 TBIG 7,100.00 (7.19) 39.73 7.01 17.72 3.50 41.79 SOCI 286.00 - 5.65 1.16 0.50 4.35 8.18 JSMR 5,600.00 2.28 19.96 1.72 2.80 3.73 15.54 PGAS 2,160.00 1.41 12.76 1.33 1.20 4.41 9.40 TLKM 4,710.00 0.43 21.67 3.77 5.50 12.33 26.31 TOWR 4,290.00 0.94 15.62 8.42 3.84 13.50 32.35 To p Gainers (%) 1 2 4 5 6
SMRA INCO PPRO MAPI BJBR
To p Lo ssers (%) 68 67 66 65 64
TBIG ADRO PTBA EXCL AKRA
Lo west PER 70 69 68 67 66
BWPT MDLN BBKP SOCI AISA
S o urc e : B lo o m be rg, R e lia nc e R e s e a rc h
MISCELANEOUS INDUSTRY, MEDIAN PER=
FINANCE, MEDIAN PER=
INFRASTRUCTURE, MEDIAN PER= AGRICULTURE, MEDIAN PER=
MINING, MEDIAN PER=
CONSUMER GOODS, MEDIAN PER=
TRADING, MEDIAN PER=
PROPERTY & KONSTRUKSI MEDIAN PER=
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