Today s Market: Top Buy: BBRI, WSKT, GGRM, BSDE

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Today’s Market:

Bursa saham Amerika ditutup positif seiringan dengan

dirilisnya hasil kinerja perusahaan yang lebih baik dari

esti-masi dan China memangkas suku bunga acuannya sebesar 25

basis poin. Sedangkan bursa saham regional mengacu positif

dengan pernyataan positif dari kebijakan bank sentral Eropa

(ECB). Dari dalam negeri, masih menantikan laporan

keuan-gan perusahaan kuartal III-2015 dan pertemuan FOMC pada

pekan ini yang akan menentukan suku bunga acuan The Fed.

Bank Indonesia memperkirakan inflasi 2015 mencapai 3,6%.

Perkiraan ini terdorong dari tren data yang menunjukkan

adanya peluang deflasi pada Oktober. Badan Koordinasi

Penanaman Modal (BKPM) membebaskan BM Impor barang

modal perusahaan berikat. BKPM akan menambahkan 3 izin

baru dalam perizinan 3 jam dalam rangka mendorong

peru-sahaan dalam kawasan berikat (PDKB) melakukan kegiatan

ekspor atau impor lebih cepat. Faktor eksternal dan internal

tersebut memberikan sentimen positif terhadap indeks.

Se-cara teknikal indeks hari Senin (26/10), IHSG diprediksi

ber-gerak menguat di kisaran 4631-4688.

Monday, October 26, 2015

Source: Bloomberg, Sinarmas Investment Research

Top Buy:

BBRI, WSKT, GGRM, BSDE

IDX Statistics Clo sing

JCI 4,653.15

Transaction Value Regular M arket (IDR tn) 4.792 Transaction Volume Regular M arket (mn shares) 4,407 Foreign Net Buy (Sell) (IDR bn) 406.63

Foreign Net Buy (Sell) (0.66)

as percentage of last year's (1.18) Total M arket Capitalization (IDR tn) 4,468.09

LQ45 804.74 1.93 (10.44) EIDO 21.96 0.87 (19.97) IDX 19.97 1.11 (17.79) DOW JONES 17,646.70 0.90 (0.99) S&P 500 2,075.15 1.10 0.79 NASDAQ 5,031.86 2.27 6.25 FTSE 6,444.08 1.06 (1.86) NIKKEI 18,825.30 2.11 7.88 HANG SENG 23,151.94 1.34 (1.92) STRAITS TIM ES 3,068.46 1.00 (8.82) KLSE 1,710.93 0.34 (2.86) USD/IDR 13,483.00 0.00 (9.05) EUR/IDR 15,075.35 0.00 (0.58) JPY/IDR 112.13 0.00 (8.40) SGD/IDR 9,763.40 0.00 (4.39) AUD/IDR 9,858.26 0.00 2.41 GBP/IDR 20,900.55 0.00 (8.10)

Crude Oil (USD/barrel) 44.61 7:45:22 AM (16.26) Coal (USD/mn tons) 52.15 10/23/2015 (26.86) Natural Gas (USD/mmBtu) 2.23 7:45:29 AM (22.85) Gold (USD/ounce) 1,163.17 7:55:29 AM (1.79) Nickel (USD/mn tons) 10,515.00 10/23/2015 (30.59) Tins (USD/mn tons) 15,750.00 10/23/2015 (18.81) CPO (M YR/mn tons) 2,251.00 10/23/2015 (1.75) Rubber (JPY/kg) 150.00 3:05:59 PM (23.74) Wheat (USD/bushel) 498.75 7:43:48 AM (15.43) Corn (USD/bushel) 381.50 7:44:27 AM (3.90)

P rice _{T ransactio n}Last _{Chg (%)}YT D

Co mmo dities

Other Indices Clo sing 1-Day Chg (%) _{Chg (%)}YT D

Currency Spo t Rate Rate (IDR) 1-Day Chg (%) _{Chg (%)}YT D

0 1,000 2,000 3,000 4,000 5,000 6,000 7,000 8,000 3,000 3,500 4,000 4,500 5,000 5,500 6,000 M ill io n s

Volume

JCI Index

Previous Day:

IHSG naik sebanyak 68.6 poin (1.5%) ke level 4653.15.

Sementara LQ45 naik sebanyak 15.2 poin (1.93%) ke level

804.74. Foreign net buy sebesar Rp 406.63 miliar.

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Daily Corporate and Industry News



Bank indonesia optimis neraca pembayaran Indonesia bisa surplus di kuartal-III 2015. Ini disebabkan current

account surplus yang sudah terjadi dari bulan Juli sampai September.



BI memperkirakan inflasi setahun penuh 2015 bisa berada di bawahk 4%, atau tepatnya 3.6%. Ini

dikarena-kan deflasi yang sudah terjadi secara MoM (month-on-month) pada bulan September, dikarenadikarena-kan oleh

penu-runan inflasi di sektor pangan.



BKPM menambahkan 3 izin baru dalan perizinan 3 jam dalam dalam rangka mendorong perusahaan dalam

kawasan berikat melakukan aktivitas ekspor atau impor lebih cepat.



Pemerintah tetap mendorong revaluasi aset yang hanya akan dikenakan pajak final (PPh) sebesar 3%. Ini

akan menaikkan wajib pajak yang akan diterima oleh pemerintah.



PT Pembangunan Perumahan Tbk (PTPP) mencacatkan laba bersih kuartal-III sebesar Rp 440 milliar, yang

naik 27.5% dari tahun sebelumnya. Ini merupakan 60% dari target sepanjang tahun sebesar Rp 730 milliar.



PT Selamat Sempurna Tbk (SMSM) menyiapkan belanja modal (capex) sekitar Rp 100 milliar tahun depan.

Capex akan digunakan untuk maintenance, pembelian mesin baru dan pembuatan cetakan.



PT Blue Bird Tbk (BIRD) hanya menambah 1,500 armada taksi tahun ini, penambahan yang dibawah

penam-bahan armada 4,000-4,500 unit per tahun. Ini diakibatkan melemahnya daya beli masyarakat akibat

perlam-batan ekonomi dan juga kompetisi ari armada taksi lainnya.



PT ANTAM (Persero) Tbk (ANTM) tetap berfokus pada pertumbuhan melalui realisasi proyek

pengemban-gannya. Dana rights issue yang sebanyak-banyaknya Rp 5.4 tn, sebesar Rp 3.5 tn akan digpergunakan untuk

penyelesaian P3FH Tahap I yang akan meningkatkan kapasitas feronikel sebesar 3,000-15,000 ton per tahun.



PT Waskita Karya (WSKT) mendapat kontrak pembangkit listrik di Riau dan Jami sebesar Rp 6.2tn. Ini

meru-pakan 21% dari total target kontrak baru tahun ini.



_{Produksi alat berat anjlok 26% hingga kuartal-III 2015 menjadi 2,882 unit dibanding periode yang sama}

ta-hun ini. Ini dikarenakan lesunya permintaan dikarenakan perlambatan di sektor pertambangan dan juga

de-presiasi rupiah yang meningkatkan harga jual alat berat.



_{PT Pelayaran Termpuran Emas (TMAS) dicacat naik 70.3% tahun berjalan menjadi Rp 231 milliar. Ini}

di-karenakan beban jasa pelayaran yang turun dan juga penurunan di biaya keuangan.



PT Garuda Indonesia (GIAA) rencana memesan sebanyak 100 pesawat hingga 2025. Ini dikarenakan

ekspansinya di penerbangan luar negeri dan juga rute-rute domestic di Indonesia.



DIRE menjadi alternative menarik, terutama untuk emiten yang mempunyai anak perusahaan yang bergerak

di bidang properti. Ini dikarenakan pemotongan double taxation yang sebelumnya ada di investasi DIRE

terse-but.

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World Equity Indices

Source: Bloomberg, Sinarmas Investment Research

1 DOW JONES INDUS. AVG 18,351.36 15,370.33 (176.37) (0.99) 15.60 16.04 3.06 3.34 5,394.86 5,394.86 2 S&P 500 INDEX 2,134.72 1,867.01 16.25 0.79 18.43 17.58 2.79 3.04 18,989.61 18,989.61 3 NASDAQ COM POSITE INDEX 5,231.94 4,292.14 295.81 6.25 28.57 21.96 3.68 3.96 7,924.52 7,924.52 4 S&P/TSX COM POSITE INDEX 15,524.75 12,705.17 (678.78) (4.64) 20.27 17.69 1.74 1.86 1,956.66 1,485.70 5 M EXICO IPC INDEX 46,078.07 39,256.58 1,864.58 4.32 29.73 23.13 2.84 3.06 5,056.04 305.38

6 Euro Stoxx 50 Pr 3,836.28 2,921.73 279.38 8.88 18.92 15.20 1.56 1.73 2,729.71 3,007.05 7 FTSE 100 INDEX 7,122.74 5,768.22 (122.01) (1.86) 23.29 16.00 1.84 1.99 1,796.53 2,756.41 8 CAC 40 INDEX 5,283.71 3,926.34 650.89 15.23 21.58 16.05 1.54 1.71 1,341.94 1,478.28 9 DAX INDEX 12,390.75 8,837.66 988.99 10.09 17.17 13.99 1.63 1.83 1,059.56 1,167.21 10 IBEX 35 INDEX 11,884.60 9,231.30 196.80 1.91 19.10 15.73 1.39 1.54 609.43 671.35 11 FTSE M IB INDEX 24,157.39 17,729.07 3,724.90 19.59 - 17.92 1.15 1.24 477.41 525.91 12 AEX-Index 510.55 389.31 40.58 9.56 20.25 17.54 1.63 1.81 515.86 568.27

13 SWISS M ARKET INDEX 9,537.90 7,852.83 (72.85) (0.81) 18.16 17.53 2.75 2.90 1,135.29 1,160.11

14 S&P/ASX 200 INDEX 5,996.90 4,918.40 (59.45) (1.10) 19.70 15.82 1.90 1.98 1,498.38 1,081.53 15 ALL ORDINARIES INDX 5,963.50 4,936.30 (0.47) (0.01) - 16.18 1.72 1.79 1,629.31 1,176.04 16 CSI 300 INDEX 5,380.43 2,361.68 37.54 1.06 14.55 13.55 2.07 2.24 23,831.11 3,755.30 17 SHANGHAI SE A SHARE INDX 5,423.25 2,386.78 184.46 5.44 16.99 14.39 2.00 2.13 28,103.99 4,428.62 18 SHENZHEN SE A SHARE INDX 3,304.69 1,342.12 631.25 42.70 46.40 30.58 4.26 4.74 19,992.92 3,150.48 19 HANG SENG INDEX 28,588.52 20,368.12 (453.10) (1.92) 9.90 11.58 1.24 1.35 14,274.54 1,841.88 20 HANG SENG CHINA ENT INDX 14,962.74 9,058.54 (1,242.65) (10.37) 7.58 7.94 1.06 1.18 4,588.80 592.10 21 S&P BSE SENSEX INDEX 30,024.74 24,833.54 (28.61) (0.10) 21.50 17.61 2.94 3.16 45,233.24 695.59 22 NSE CNX NIFTY INDEX 9,119.20 7,539.50 12.75 0.15 21.56 17.69 2.91 3.09 56,392.92 867.20 23 JAKARTA COM POSITE INDEX 5,524.04 4,033.59 (573.80) (10.98) 24.98 16.08 2.21 2.54 4,468,091.90 327.86 24 JAKARTA LQ-45 INDEX 964.15 660.81 (93.84) (10.44) 16.55 16.24 3.01 3.46 3,009,855.23 220.86 25 KARACHI 100 INDEX 36,471.68 28,648.23 1,814.04 5.65 10.13 8.92 1.71 1.73 6,286.40 60.18 26 NIKKEI 225 20,952.71 15,232.00 1,374.53 7.88 19.63 17.92 1.66 1.78 352,282.43 2,904.94 27 NIKKEI 300 INDEX 345.72 250.42 29.01 10.20 16.27 14.81 1.35 1.58 399,018.69 3,290.33 28 TOPIX INDEX (TOKYO) 1,702.83 1,239.08 140.33 9.97 16.10 14.83 1.30 1.41 564,140.03 4,651.93 29 FTSE Bursa M alaysia KLCI 1,867.53 1,503.68 (50.32) (2.86) 17.52 16.62 1.89 2.00 1,006.35 236.65 30 S&P NZX All Index 1,184.38 1,068.11 30.47 2.72 19.57 18.00 1.79 1.87 97.17 65.56 31 PSEi - PHILIPPINE SE IDX 8,136.97 6,603.19 5.81 0.08 20.50 19.57 2.59 2.74 8,410.80 180.49 32 Straits Times Index STI 3,549.85 2,740.36 (296.69) (8.82) 13.90 13.33 1.23 1.34 420.83 301.09 33 KOSPI INDEX 2,189.54 1,800.75 124.81 6.52 17.52 13.16 1.02 1.08 1,241,704.70 1,092.15

34 TAIWAN TAIEX INDEX 10,014.28 7,203.07 (633.45) (6.81) 0.10 25,301.55 778.27

35 STOCK EXCH OF THAI INDEX 1,619.77 1,292.14 (81.53) (5.44) 0.09 13,395.66 376.24 36 THAI SET 50 INDEX 1,083.47 838.84 (86.33) (8.62) 19.76 14.83 1.98 2.07 8,694.47 244.20 37 HO CHI M INH STOCK INDEX 641.06 511.13 56.11 10.28 11.74 14.83 1.82 1.94 1,187,868.67 53.24

A sia/ P acific A merica

Euro pe

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LQ45

H IGH LOW P OIN T % 2014 2015E 2014 2015E

1 AALI IJ 20,750 27,525 14,425 (3,500) (14.43) 20.69 24.21 2.93 2.77 32,675.96 2 ADHI IJ 2,345 3,284 1,413 (608) (20.59) 14.88 17.28 3.09 2.00 8,350.19 3 ADRO IJ 670 1,150 467 (370) (35.58) 12.14 8.19 0.55 0.54 21,430.59 4 AKRA IJ 5,875 6,225 3,950 1,755 42.60 22.15 20.67 3.84 3.75 23,200.55 5 ASII IJ 6,300 8,575 4,975 (1,125) (15.15) 14.63 14.78 2.60 2.47 255,046.38 6 ASRI IJ 397 700 307 (163) (29.11) 7.82 6.18 1.21 1.08 7,800.82 7 BBCA IJ 13,475 15,600 11,000 350 2.67 19.36 18.42 4.08 3.65 332,226.25 8 BBNI IJ 5,275 7,275 3,800 (825) (13.52) 10.73 10.99 1.60 1.53 98,371.66 9 BBRI IJ 11,200 13,450 7,975 (450) (3.86) 11.34 11.39 - 2.40 276,294.61 10 BBTN IJ 1,185 1,270 935 (20) (1.66) 8.90 7.95 0.98 0.93 12,540.08 11 BM RI IJ 9,400 12,550 7,150 (1,375) (12.76) 10.85 10.91 2.05 1.88 219,333.33 12 BM TR IJ 1,010 2,050 840 (415) (29.12) 35.80 11.19 1.25 1.21 14,340.60 13 BSDE IJ 1,745 2,230 1,235 (60) (3.32) 12.04 12.44 1.85 1.75 33,585.48 14 CPIN IJ 2,510 4,240 1,350 (1,270) (33.60) 28.12 20.93 3.53 3.25 41,158.98 15 EXCL IJ 3,230 6,000 2,240 (1,635) (33.61) - 3,220.34 2.08 1.99 27,588.66 16 GGRM IJ 46,200 64,250 39,500 (14,500) (23.89) 17.58 17.02 2.62 2.44 88,892.87 17 ICBP IJ 13,575 16,050 10,525 475 3.63 26.33 25.40 5.61 4.95 79,155.20 18 INCO IJ 2,240 4,175 1,190 (1,385) (38.21) 16.57 16.44 0.89 0.90 22,257.40 19 INDF IJ 6,225 7,725 4,560 (525) (7.78) 24.99 14.57 2.16 1.99 54,658.15 20 INTP IJ 21,000 25,725 16,000 (4,000) (16.00) 15.25 15.99 3.54 3.08 77,305.87 21 ITM G IJ 9,400 21,950 7,975 (5,975) (38.86) 7.33 6.27 0.88 0.88 10,621.30 22 JSM R IJ 5,275 7,250 4,680 (1,775) (25.18) 28.42 23.52 3.78 3.34 35,870.00 23 KLBF IJ 1,460 1,915 1,250 (370) (20.22) 32.25 30.66 7.15 6.40 68,437.68 24 LPKR IJ 1,300 1,460 910 280 27.45 11.17 17.90 1.67 1.74 30,001.00 25 LPPF IJ 16,475 20,225 14,025 1,475 9.83 28.20 25.71 - 40.62 48,072.70 26 LSIP IJ 1,530 2,070 910 (360) (19.05) 13.88 15.23 1.50 1.40 10,438.98 27 M NCN IJ 1,765 3,160 1,410 (775) (30.51) 16.83 14.18 2.86 2.59 25,197.30 28 M PPA IJ 2,570 4,500 1,825 (480) (15.74) 26.36 24.41 4.93 4.13 13,821.36 29 PGAS IJ 2,990 6,225 2,150 (3,010) (50.17) 8.86 10.45 1.87 1.74 72,482.11 30 PTBA IJ 7,250 13,650 5,025 (5,250) (42.00) 8.10 10.10 1.67 1.68 16,704.96 31 PTPP IJ 3,855 4,245 2,445 280 7.83 34.28 26.61 7.04 5.72 18,667.59 32 PWON IJ 448 565 313 (67) (13.01) 9.12 11.47 3.22 2.71 21,575.50 33 SCM A IJ 3,255 4,040 2,285 (245) (7.00) 33.00 30.90 - 12.14 47,593.31 34 SILO IJ 12,600 17,100 11,275 (1,100) (8.03) 185.61 144.72 8.60 8.31 14,566.86 35 SM GR IJ 10,850 16,800 7,100 (5,350) (33.02) 13.06 13.14 2.66 2.42 64,356.99 36 SM RA IJ 1,620 2,000 950 100 6.58 16.90 18.19 4.11 3.58 23,371.39 37 SRIL IJ 389 497 140 226 138.65 1.45 14.27 2.05 2.19 7,232.63 38 SSM S IJ 1,990 2,425 1,105 325 19.52 29.40 26.89 6.85 7.67 18,954.75 39 TBIG IJ 7,625 9,925 6,275 (2,075) (21.39) 29.77 27.43 9.12 6.87 36,573.51 40 TLKM IJ 2,760 3,004 2,485 (90) (3.16) 18.47 16.58 4.07 3.61 278,207.99 41 UNTR IJ 20,300 24,000 15,225 2,950 17.00 13.79 12.17 1.98 1.88 75,721.74 42 UNVR IJ 38,425 46,000 29,625 6,125 18.96 50.37 48.45 65.11 59.48 293,182.75 M A R KET C A P (B n)

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Macro data

D escriptio n 1-D ay (%) 5-D ays (%) 1-M o nth (%) YT D (%) Property 3.00 6.31 12.12 (6.75) Basic Industry 3.12 3.35 15.64 (26.40) Trade 0.12 0.03 3.53 (2.10) Finance 1.84 4.86 16.10 (5.07) M iscellaneous Industry 1.54 0.32 11.54 (15.49) Consumer 1.63 3.01 9.82 (1.60) Infrastructure 1.13 1.62 6.16 (21.02) Agriculture (1.61) 4.69 10.71 (22.86) M ining 1.22 0.12 6.14 (28.70) Sep-15 A ug-15 2.24 2.29 6.83 7.18 -0.05 0.39 101.72 105.35 3.78 4.67 4.72 F OR EX Spo t R ate 1-D ay (%) 1-M o nth (%) YT D (%) USD/IDR 13,621.00 0.14 7.53 (9.05) USD/CNY 6.35 0.12 0.52 (2.28) USD/EUR 0.91 (0.02) 2.02 9.78 USD/JPY 121.16 0.26 (1.02) (1.14) USD/SGD 1.40 (0.03) 2.16 (5.21) USD/AUD 1.38 (0.17) (3.31) 13.02 USD/GBP 0.65 (0.02) (0.94) 1.71 (in %) 8.25 1.03 1.46 8.62 8.68 8.99 Indonesia 5-Year Government Bonds Yield

Indonesia 10-Year Government Bonds Yield Indonesia 15-Year Government Bonds Yield

Lending and D epo sit R ates

JIBOR (in IDR) LIBOR (in GBP) SIBOR ( in USD) Inflation M oM (in %) Foreign Reserves (in USD bn) GDP Growth QoQ (in %) GDP Growth YoY (in %)

Secto rs

Eco no mic Indicato rs

Inflation YTD (in %)

Eco no mic P arameters

Inflation YoY (in %)

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Upcoming IPO

Dividend

Rights Issue

2015 2016 APBN-P RAPBN GDP Growth (%, YoY) 5,7 5,5%

Exchange rate (USD/IDR) 12.5 13.4

Inflation (%, YoY) 5,0 4,7%

3 Months SPN (%) 6.2 5,5%

Indonesian Crude Oil (USD/barrel) 60 60

Oil Lifting ( thousands barrel/day) 825 830

Gas Lifting (thousands, BOE/day) 1.221 1.15

Total State Budget (in IDR trillion) 1761 1848

INDICATOR

Stock DPS (Rp) Status Cum Date (2015) Ex Date (2015) Recording (2015) Payment (2015)

ITMG 752 CASH 08 October 09 October 13 October 26 October

BSSR 53.55 CASH 13 October 15 October 18 October 06 November

Ticker Price (Rp) Cum Date (2015) EX Date(2015) Trading (2015)

HMSP 65 : 4 77000 19 October 20 October 26 October - 30 October

ANTM 25 : 26-37 371 15 October 16 October 22 October - 28 October

MCOR 100 : 154 100 20 November 23 November 27 November- 3 Decemver

BACA 81 : 8 102 24 November 25 November 1 December - 7 December

Ratio

State Budget

Company Business IPO Price (Rp) Issued Shares (Mn)

Offering Date (2015) Listing Underwriter

Mitra Komunikasi Nusantara Trade & Service

200-300 18 July 20 October -21

October

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Picks of The Day

BBRI : Trading Buy

BBRI memiliki indikator Macd dan Rsi yang mengindikasikan pola Uptrend , BBRI berhasil menembus resistance pada harga 11000, dan terbuka peluang untuk kembali mencoba level resistance berikutnya pada harga 11375 dalam jangka pendek. . Support pada harga 10850, Trading Range : 10950 — 11450.

Fundamental :

WSKT : Trading Buy

WSKT memiliki indikator Macd Stoc osc dan RSI, yang mengindikasikan pola Uptrend, WSKT berhasil menembus resistance pada harga 1720, sehingga terbuka peluang untuk menguji resistance berikutnya pada harga 1775 dalam jangka pendek, support pada harga 1675, Trading range 1675 — 1815.

Fundamental :

Monday, October 26, 2015

C reat ed wit h Am iBrok er - adv anc ed c hart ing and t ec hnic al analy s is s of t ware. ht t p: / / www. am ibrok er. c om

Nov Dec 2015 Feb Mar Apr May Jun Jul Aug Sep Oct

8,000 8,500 9,000 9,500 10,000 10,500 11,000 11,500 12,000 12,500 13,000 13,500 BBRI - Daily 10/23/2015 4:14:38 PM Open 10900, Hi 11200, Lo 10850, Clos e 11200 (4.7%)

11,200 11,200 11,200 11,200 11,200

-400 -200 0 200

BBRI -MACD(12,26)= 344.17,Signal(12,26,9)= 189.96 344.168

189.962

20 80

BBRI -Stoch %K(15,3)= 93.79,Stoch %D(15,3,3)= 91.13 93.7857

91.1287

30 70 BBRI -RSI(15)= 66.85

66.8499

900 1,000 1,100 1,200 1,300 1,400 1,500 1,600 1,700 1,800 1,900 WSKT - Daily 10/23/2015 4:14:05 PM Open 1660, Hi 1755, Lo 1655, Clos e 1735 (5.8%)

1,735 1,735 1,735 1,735 1,735

0 50 100 WSKT -MACD(12,26)= 11.10,Signal(12,26,9)= -0.91 11.1037 -0.905064 20 80 WSKT -Stoch %K(15,3)= 75.05,Stoch %D(15,3,3)= 75.62 75.0485 75.6246 30 70 WSKT -RSI(15)= 64.83 64.8285

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Picks of The Day

GGRM : Trading Buy

GGRM memiliki indikator MACD, Stoc osc dan RSI yang mengindikasikan pola Uptrend. Ditambah GGRM berhasil menembus resistance 46100 sehingga terbuka peluang untuk kembali melanjutkan penguatan dalam jangka pendek menguji resistance pada level 46950. Support berada di harga 45800, Trading Range : 45800 — 47100.

Fundamental :

BSDE : Buy on Weakness

BSDE memiliki indikator MACD, RSI, dan Stoc osc yang mengindikasikan pola Uptrend, BSDE berhasil menembus resistance 1750 sehingga terbuka pe-luang untuk melanjutkan penguatan dalam jangka pendek menguji resistance pada harga 1795 . Support berada di harga 1725, Trading range 1725— 1785

Fundamental :

Monday, October 26, 2015

40,000 42,000 44,000 46,000 48,000 50,000 52,000 54,000 56,000 58,000 60,000 62,000 64,000 GGRM - Daily 10/23/2015 4:14:32 PM Open 45300, Hi 46250, Lo 44975, Clos e 46200 (5.0%)

46,200 46,200 46,200 46,200 46,200

-1,000 0 1,000 GGRM -MACD(12,26)= 428.36,Signal(12,26,9)= 158.39 428.36 158.394 20 80 GGRM -Stoch %K(15,3)= 55.55,Stoch %D(15,3,3)= 52.56 55.5544 52.5557 30 70 GGRM -RSI(15)= 58.83 58.8277

1,300 1,400 1,500 1,600 1,700 1,800 1,900 2,000 2,100 2,200 BSDE - Daily 10/23/2015 4:12:04 PM Open 1770, Hi 1795, Lo 1735, Clos e 1745 (2.6%)

1,745 1,745 1,745 1,745 1,745

-50 0 50 BSDE -MACD(12,26)= 52.52,Signal(12,26,9)= 35.46

52.5173

35.4588

20 80 BSDE -Stoch %K(15,3)= 78.16,Stoch %D(15,3,3)= 75.84

78.1573 75.8385 30 70 BSDE -RSI(15)= 62.09 62.0894

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These recommendations are based on technical indicators and are suitable for daily trading purposes.

TICKER REC PRICE ENTRY EXIT S2 S1 R1 R2 EXPLANATION

AALI Sell 20,750 20,750 20,500 20,300 20,500 21,200 21,650 Rsi : downtrend

LSIP BoW 1,530 1,495 1,540 1,560 1,495 1,540 1,570 Black spinning top

BWPT Sell 264 264 261 257 261 267 271 Stoc osc : downtrend

BMRI BoW 9,400 9,300 9,500 9,250 9,300 9,500 9,600 White spinning top

BBRI Buy 11,200 11,200 11,325 10,750 10,950 11,325 11,450 Morning star

BBCA BoW 13,475 13,350 13,700 13,200 13,350 13,700 13,900 Rsi : uptrend

BBNI BoW 5,275 5,200 5,350 5,125 5,200 5,350 5,450 Black spinning top

BBTN BoW 1,185 1,175 1,195 1,165 1,175 1,195 1,205 Long legged doji

BJTM BoW 449 446 453 442 446 453 456 Macd : uptrend

BJBR BoW 790 780 800 770 780 800 820 Doji

INDF BoW 6,225 6,100 6,375 5,975 6,100 6,375 6,425 Rsi : reversal

ICBP BoW 13,575 13,475 13,700 13,350 13,475 13,700 13,800 Falling window

GGRM Buy 46,200 46,200 46,650 45,400 45,800 46,650 47,100 Rsi : uptrend

UNVR BoW 38,425 38,150 38,675 37,875 38,150 38,675 38,950 Stoc osc : downtrend

CPIN BoW 2,510 2,485 2,545 2,450 2,485 2,545 2,575 Rsi : reversal

ASII BoW 6,300 6,200 6,425 6,100 6,200 6,425 6,550 Black spinning top

SMGR BoW 10,850 10,725 10,925 10,600 10,725 10,925 11,050 Rsi : reversal

INTP Buy 21,000 21,000 21,425 20,150 20,575 21,425 21,850 Rsi : uptrend

SMCB BoW 1,075 1,060 1,090 1,040 1,060 1,090 1,110 Rsi : reversal

TLKM BoW 2,760 2,735 2,790 2,710 2,735 2,790 2,815 Rsi : uptrend

PGAS BoW 2,990 2,960 3,020 2,925 2,960 3,020 3,045 Rsi : reversal

JSMR Sell 5,275 5,275 5,225 5,150 5,225 5,325 5,400 Stoc osc : downtrend

TBIG Buy 7,625 7,625 7,850 7,300 7,500 7,850 8,050 White spinning top

MAPI BoW 3,525 3,495 3,575 3,465 3,495 3,575 3,625 Rsi : reversal

RALS BoW 700 690 710 680 690 710 725 Doji

ACES Buy 685 685 695 665 675 695 715 Stoc osc : reversal

MPPA BoW 2,570 2,560 2,595 2,540 2,560 2,595 2,610 Macd : reversal

PTBA BoW 7,250 7,150 7,325 7,100 7,150 7,325 7,400 Rsi : reversal

ADRO Buy 670 670 685 635 650 685 695 Morning star

ITMG Sell 9,400 9,400 9,250 9,150 9,250 9,600 9,750 Three black candle

ANTM BoW 397 392 405 385 392 405 412 Rsi : reversal

TINS Sell 680 680 670 660 670 700 715 Macd : downtrend

UNTR Sell 20,300 20,300 20,125 20,075 20,125 20,500 20,850 Rsi : neutral

ASRI Buy 397 397 404 389 395 404 418 White spinning top

LPKR BoW 1,300 1,280 1,320 1,255 1,280 1,320 1,335 Long legged doji

CTRA Buy 1,190 1,190 1,230 1,140 1,180 1,230 1,260 White spinning top

APLN BoW 298 292 304 285 292 304 309 White spinning top

SMRA Buy 1,620 1,620 1,680 1,550 1,615 1,680 1,750 White spinning top

SSIA Buy 755 755 780 680 725 780 800 Long legged doji

BSDE BoW 1,745 1,725 1,760 1,700 1,725 1,760 1,785 Black spinning top

PTPP BoW 3,855 3,835 3,870 3,800 3,835 3,870 3,895 Rsi : uptrend

WSKT Buy 1,735 1,735 1,775 1,675 1,715 1,775 1,815 Macd : uptrend

WIKA BoW 3,110 3,090 3,135 3,065 3,090 3,135 3,160 Black spinning top

ADHI BoW 2,345 2,315 2,375 2,285 2,315 2,375 2,405 Rsi : uptrend

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DISCLAIMER

This material is issued by PT Sinarmas Sekuritas, a member of Indonesia Stock Exchanges, represent the opinion of PT Sinarmas Sekuritas, derived its judg-ment from sources deemed reliable, however, PT Sinarmas Sekuritas and its affiliated cannot guarantee its accuracy and completeness. PT Sinarmas Sekuri-tas or its affiliates may be involved in transactions contrary to any opinion herein or have positions in the securities recommended herein and may seek or will seek investment banking or other business relationships with the companies in this material. PT Sinarmas Sekuritas, its employees and its affiliates,