Previous Day:
Pada penutupan perdagangan hari Kamis (19/12), IHSG naik sebanyak 35,698 poin (0,85%) ke level 4231,980. Ada seban-yak 126 saham yang naik, 100 saham yang mengalami ko-reksi, dan 119 saham yang stagnan. Total perdagangan hari ini sebanyak Rp 4,577 triliun. LQ45 naik 8,428 poin (1,21%) ke level 705,443. Sektor-sektor di zona hijau adalah sektor aneka industri naik 3,18%, sektor manufaktur naik 1,43%, dan sektor industry dasar naik 1,27%. Sektor-sektor di zona merah adalah sektor konstruksi turun 0,42% dan sektor per-tambangan turun 0,29%. Foreign net buy sebesar Rp 346,32 miliar. Indeks Nikkei menguat 1,74%. Indeks Straits Times naik 0,10%. Indeks Hang Seng terjerembab 1,10%. Indeks Shanghai melemah 0,95%.
Today’s Market:
Secara teknikal indeks hari Jumat (20/12), prediksi IHSG akan bergerak menguat di kisaran 4210-4282. Perdagangan pada hari Kamis akan dipengaruhi oleh data initial jobless claims dari US yang bertambah sebesar 379 ribu (esetimasi 355 ribu) dan data tingkat suku bunga Jepang yang diperkirakan tidak akan men-galami perubahan di level 0%.
Top Technical Buys:
BMRI, KLBF, AUTO,, SMSM
Sinarmas Investment Research/ 62 21 3925550/[email protected]
DAILY RESEARCH
UNDERVALUED STOCKS 2013: MYOR 34,600
Closing JCI
Transaction Value (Rp tn) Transaction Volume (mn shares)
Foreign Net Buy (Sell) (Rp bn) 345.89 Foreign Net Buy (Sell) YTD (Rp tn) (18.05) as percentage of last year's (1.89) Total Market Capitalization (Rp tn) 3,909.72
Closing 1 Day Return % YTD Change % 4,231.98 0.85 (2.0) 705.44 1.21 (4.0) 22.18 (1.07) (26.7) 21.36 (1.34) (25.4) 16,179.08 0.07 23.5 1,809.60 (0.06) 26.9 4,058.14 (0.29) 34.4 6,584.70 1.43 11.6 15,789.65 1.74 51.9 22,888.75 (1.10) 1.0 3,072.63 0.10 (3.0) 1,845.44 (0.04) 9.3 FOREX Change YTD Change % USD/IDR 31.20 (19.8) EUR/IDR (19.13) (22.3) JPY/IDR (0.31) (3.3) SGD/IDR 10.49 (16.9) AUD/IDR 66.61 (6.9) GBP/IDR 47.55 (20.7) Price 1 Day Return % YTD Change % CRUDE OIL (USD)/BARREL 98.77 (0.27) 7.6 COAL (USD) / MT 85.15 1.37 (5.6) NATURAL GAS (USD) / mmBtu 4.47 0.22 33.4
GOLD (USD) / OUNCE 1,193.50 0.41 (28.7) NICKEL (USD) / MT 14,224.00 0.24 (16.6) TIN (USD) / MT 22,850.00 0.00 (2.4) CPO (MYR) / MT 2,524.00 0.00 8.8 RUBBER (JPY)/KG 287.80 0.98 (0.3) 4,196.28 6.781 7,119 IDX Statistics Commodities JCI LQ45 EIDO IDX 9,642.18 10,836.69 19,969.50 Key Indices STRAITS TIMES KLSE Rate (IDR) 12,198.80 16,624.68 116.76 HANG SENG DOW JONES S&P 500 NASDAQ FTSE NIKKEI Friday, December 20, 2013 4190 4210 4230 4250 4270
JCI Index
CORPORATE NEWS
Friday, December 20, 2013
PT Bank Mandiri (Persero) Tbk (BMRI) akan mengakuisisi mayoritas atau 60% saham InHealth, anak usaha PT Askes. Sedangkan sisanya masih dimiliki oleh Askes, dan masing-masing 10% dimiliki PT Kimia Farma Tbk dan Asuransi Jasa Indonesia. Hingga kuartal ketiga tahun 2013, InHealth memiliki 1.500 nasa-bah korporasi atau 1,1 juta jiwa. InHealth juga melayani perusahaan swasta dan anggota parlemen. In-Health membukukan laba bersih Rp 93 miliar per September 2013, naik 15% yoy. (Positive) Source: Kon-tan
PT Mitra Pinasthika Mustika Tbk (MPMX) memasang target pertumbuhan pendapatan sekitar 20-25% dari realisasi pendapatan tahun ini. Perseroan akan mendorong seluruh lini bisnisnya untuk mendorong pertumbuhan bisnis distribusi sepeda motor Honda,bisnis penjualan pelumas Federal Oil, bisnis penye-waan kendaraan melalui MPM Rent, dan bisnis jasa keuangan melalui MPM Finance dan MPM Insurance. Perseroan juga akan menggunakan dana hasil IPO sebanyak 13% untuk mengembangkan bisnis distribusi kendaraan roda empat. Perseroan hendak membangun 14 dealer untuk melayani penjualan dan layanan purna jual Nissan dan Datsun. (Positive) Source: Kontan
PT BW Plantation Tbk (BWPT) yakin dapat mencapai target produksi tandan buah segar sebanyak 660.000 ton , atau naik 19,5% yoy dari tahun 2012. Hingga saat ini perseroan telah mencapai 90,5% dari target yaitu sebanyak 597 ribu ton. Produksi TBS berasal dari kebun inti perseroan sebanyak 568 ribu ton dan sisanya dari kebun plasma. (Positive) Source: Kontan
PT Wijaya Karya Tbk (WIKA) meraih kontrak baru untuk proyek paket tahap pertama pembangunan sodetan Kali Ciliwung menuju Kanal Banjir Timur sepanjang 1,27 kilometer. Target penyelesaian proyek ini pada tahun 2015. Nilai kontrak ini sebesar RP 492 miliar. Nantinya perseroan akan membuat terowongan air dari Jalan Otista, Jakarta Timur hingga Kali Cipinang. Namun, saat ini masih terhalang proses pembe-basan lahan. Untuk tahun depan, perseroan telah membidik sejumlah proyek dengan nilai total Rp 20 tril-iun. (Positive) Source: Kontan
PT Tiga Pilar Sejahtera (TPS) Food Tbk (AISA) akan meninggalkan usaha perkebunan kelapa sawit den-gan melepas seluruh saham anak usahnya PT Bumiraya Investindo. Ditargetkan perolehan dana dari dives-tasi tersebut mencapai USD 800 juta. Dana hasil divesdives-tasi tersebut akan digunakan untuk keperluan ekspansi usaha. Kedepannya perusahaan akan lebih terfokus pada bisnis makanan, minuman dan beras. (Neutral) Source : Investor Daily
PT Benakat Integra Tbk (BIPI) mendapat sembilan kontrak jasa tambang batu bara senilai USD 2 miliar atau setara dengan Rp 24 triliun. Kontrak tersebut berasal dari dua perusahaan yakni PT Arutmin Indone-sia dan PT Kaltim prima Coal. Dimana kedua perusahaan tersebut merupakan pelanggan terbesar BIPI. Kal-tim menyumbang Rp 668,74 miliar atau 44,78% dari total pendapatan BIPI Rp 1,49 triliun, sedangkan Arutmin menyumbang 39,47%. (Neutral) Source : Bisnis Indonesia
Eddy Wijaya/ Technical Analyst/62 21 3925550
TRADING VIEW
Friday, December 20, 2013
By: Rheza, Tiesha, Richard 23 Juli 2013 Salam Cuannn bagi tim research Sinarmas 2023
TRADING VIEW Friday, Desember 20, 2013
These recommendations are more based on technical and just for one day trading
RESEARCH DEPARTMENT By: Eddy Wijaya (+6221-3925550)
TICKER RECOMMENDATION PRICE ENTRY EXIT S2 S1 R1 R2 EXPLANATION AGRICULTURE
AALI Trading Buy 23550 23550 23750 23300 23450 23750 23900 Stoc osc : golden cross BWPT Buy on Weakness 1310 1290 1320 1270 1290 1320 1340 Doji
LSIP Buy on Weakness 1850 1830 1880 1810 1830 1880 1900 White spinning top BANK & FINANCE
BMRI Trading Buy 7950 7950 8050 7700 7850 8050 8150 Stoc osc : uptrend BBRI Buy on Weakness 7100 7000 7200 6900 7000 7200 7400 Black spinning top BBNI Buy on Weakness 3925 3875 3975 3825 3875 3975 4050 Long legged doji BBCA Buy on Weakness 9550 9400 9600 9300 9400 9600 9850 Macd : uptrend CONSUMER GOODS
INDF Buy on Weakness 6550 6450 6650 6350 6450 6650 6750 Inverted hammer ICBP Buy on Weakness 10200 10100 10300 9950 10100 10300 10400 Long legged doji GGRM Trading Buy 41700 41700 42000 41350 41600 42000 42300 Stoc osc : uptrend UNVR Buy on Weakness 25900 25650 26200 25400 25650 26200 26400 Rsi : downtrend CPIN Trading Buy 3300 3300 3375 3200 3250 3375 3450 Macd : uptrend MAIN Buy on Weakness 3225 3200 3275 3150 3200 3275 3325 Rsi : downtrend BASIC & MISC INDUSTRY
ASII Trading Buy 6500 6500 6600 6250 6400 6600 6750 Macd : uptrend SMGR Trading Buy 13900 13900 14150 13500 13700 14150 14400 Rsi : uptrend INTP Buy on Weakness 19900 19750 20050 19600 19750 20050 20200 Doji INFRASTRUCTURE
TLKM Trading Buy 2125 2125 2175 2025 2075 2175 2225 Stoc osc : uptrend PGAS Buy on Weakness 4575 4525 4650 4450 4525 4650 4750 Inverted hammer JSMR Buy on Weakness 4775 4725 4825 4650 4725 4825 4875 Macd : downtrend TBIG Buy on Weakness 5700 5600 5750 5450 5600 5750 5850 Stoc osc : uptrend
RETAIL
MAPI Trading Sell 5650 5650 5550 5450 5550 5750 5850 Stoc osc : downtrend RALS Buy on Weakness 1030 1010 1050 990 1010 1050 1080 White spinning top ACES Buy on Weakness 630 610 650 590 610 650 680 Black spinning top MPPA Buy on Weakness 1870 1850 1880 1830 1850 1880 1900 Dragonfly doji MINING
PTBA Buy on Weakness 11100 10800 11400 10600 10800 11400 11700 Black spinning top ADRO Buy on Weakness 1150 1120 1170 1100 1120 1170 1200 Black spinning top ITMG Buy on Weakness 29100 28750 29250 28600 28750 29250 29400 Black spinning top ANTM Buy on Weakness 1140 1120 1150 1090 1120 1150 1180 Macd : downtrend TINS Trading Sell 1570 1570 1550 1530 1550 1610 1640 Macd : downtrend UNTR Trading Buy 18600 18500 18700 18350 18500 18700 18850 Stoc osc : uptrend PROPERTY
ASRI Buy on Weakness 450 440 460 430 440 460 475 Rsi : downtrend LPKR Buy on Weakness 910 890 930 870 890 930 950 Long legged doji CTRA Buy on Weakness 740 720 760 700 720 760 790 Stoc osc : uptrend APLN Buy on Weakness 220 210 230 200 210 230 240 Doji
SMRA Buy on Weakness 810 790 830 770 790 830 850 Rsi : reversal SSIA Trading Sell 630 630 610 580 610 650 680 Rsi : downtrend BSDE Buy on Weakness 1300 1280 1310 1260 1280 1310 1340 Macd : downtrend WIKA Trading Sell 1620 1620 1600 1570 1600 1640 1660 Stoc osc : downtrend PTPP Buy on Weakness 1170 1150 1180 1130 1150 1180 1200 Stoc osc : uptrend ADHI Trading Sell 1550 1550 1520 1480 1520 1580 1620 Stoc osc : reversal
Global Equity Indices
Description YTD Change % 20-Dec-13 Forward 2013 P/E Ratio (Best Est.)
LQ45 (4.0) 705 Nikkei 225 51.9 15,790 JCI (2.0) 4,232 FTSE 100 11.6 6,585 ASX 200 12.9 5,247 DJIA 23.5 16,179 S&P500 26.9 1,810 STI (3.0) 3,073 CAC 40 14.7 4,177 Shanghai Composite (6.2) 2,128 DAX 22.6 9,336 KOSPI (0.9) 1,980 Hang Seng 1.0 22,889 Euro Stoxx 15.0 3,031
Description YTD Change % 20-Dec-13 Description YTD Change % 20-Dec-13
AALI 19.5 23,550 ICBP 30.8 10,200 ADRO (27.7) 1,150 IMAS (9.4) 4,800 AKRA 14.5 4,750 INCO 7.4 2,525 ANTM (10.9) 1,140 INDF 12.0 6,550 ASII (14.5) 6,500 INDY (57.7) 600 ASRI (25.0) 450 INTP (11.4) 19,900 BBCA 4.9 9,550 ITMG (30.0) 29,100 BBNI 6.1 3,925 JSMR (12.4) 4,775 BBRI 2.2 7,100 KLBF 17.9 1,250 BBTN (37.9) 900 LPKR (9.0) 910 BDMN (32.3) 3,825 LSIP (19.6) 1,850 BHIT (38.0) 335 MAIN 35.8 3,225 BKSL (12.7) 165 MAPI (15.0) 5,650 BMRI (1.9) 7,950 MNCN (1.0) 2,475 BMTR (19.2) 1,940 PGAS (0.5) 4,575 BSDE 17.1 1,300 PTBA (26.5) 11,100 BUMI (43.2) 335 SMCB (24.1) 2,200 BWPT (5.1) 1,310 SMGR (12.3) 13,900 CPIN (9.6) 3,300 SSIA (41.7) 630 EXCL (13.2) 4,950 TLKM 18.0 2,125 GGRM (25.9) 41,700 UNTR (5.6) 18,600 GIAA (25.0) 495 UNVR 24.2 25,900
HRUM (49.2) 3,050 JAKPROP INDEXJAKBIND INDEX
Sectors JAKFIN INDEX
Description JAKCONS INDEX
Property (3.8) JAKMIND INDEX
Basic Industry (1.7) JAKINFR INDEX
Trade (2.6) JAKAGRI INDEX
Finance (3.4) JAKMINE INDEX
Miscellaneous Industry (3.7) Consumer (1.6) Infrastructure (2.8) Agriculture 3.6 Mining (1.8) 1-mth Return %
Selected Indonesian Equities
14.7 20.3 14.6 13.7 15.0 15.2 16.3 14.5 13.8 9.4 13.9 9.4 10.9 14.0 Friday, December 20, 2013
Dividen
Stock Split
Upcoming IPO
Thursday, December 19, 2013
Ticker Status DPS (Rp) Cum Date Ex Date Recording Payment
EMTK Final 29 26 November 2013 27 November 2013 29 November 2013 13 Desember 2013 BBCA Final 45 28 November 2013 29 November 2013 3 Desember 2013 17 Desember 2013 LPKR Final 11.85 29 November 2013 2 Desember 2013 4 Desember 2013 18 Desember 2013 HMSP Final 969 2 Desember 2013 3 Desember 2013 5 Desember 2013 18 Desember 2013 BATA Final 15.08 9 Desember 2013 10 Desember 2013 12 Desember 2013 20 Desember 2013
Ticker OS:NS Ticker OS:NS
MAPI 1:10 NIPS 1:20
ALMI 1:2 INAI 1:2
Company Business Offering
Date Share in Rp. Price Listing Date
PT Bank Muamalat indonesia Perbankan 550-975
PT Blue Bird Jasa operator taksi dan jasa angkutan penumpang darat
PT Citra Borneo Indah Kelapa Sawit
PT Dwi Aneka Jaya Kemasindo Kemasan percetakan offset dan karton
gelombang 425-550 16-Dec-13
PT Eka Sari Lorena Transport Transportasi
PT Puradelta Lestari Properti 205-255
PT Industri Jamu Sido Muncul Jamu 580 18-Dec-13
Global Reference Rates FOREX Rate (USD) Change %
FED Rate 0.25 USDIDR 12,230 (0.17)
BI Rate 7.50 USDEUR 0.73 0.18
ECB Rate 0.25 USDJPY 104 (0.14)
BOJ Rate 0.10 USDSGD 1.27 (0.07)
BOE Rate 0.50 USDAUD 1.13 (0.11)
PBOC Rate 6.00 USDGBP 0.61 0.05
Description November October
Inflation YTD (%) 7.79 7.66 8.25
Inflation YOY (%) 8.37 8.32 0.89
Inflation MOM (%) 0.12 0.09 1.46
Foreign Reserve (USD Bn) 97.00 95.70 8.00
GDP (YOY Growth) 3Q2013 (%) 5.62 5.62 8.44
GDP (IDR tn) 3Q2013 2.96 2.96 8.97
Dual Listed Price (IDR) Change %
TLKM (US) 2,225.86 0.00
ANTM (GR) 984.00 0.00
%
Lending & Deposit Rates
INDOGB 15Y YIELD (%) JIBOR (IDR) (%) LIBOR (GBP) (%) SIBOR (USD) (%) INDOGB 5Y YIELD (%) INDOGB 10Y YIELD (%)
MACRO INDICATORS RAPBN 2014 APBN-P 2013 APBN 2013
GDP (%) 5.8-6.1 6.3 6.8
Inflation (%) 4.5-5.5 7.2 4.9
IDR/USD (IDR) 10,000-10,500 9,600 9,300
SBI—3 Months (%) 5.5 5.0 5.0
Crude Oil (USD/brl) 106 108 100
Oil Production (bpd) 870,000 840,000 900,000
Total APBN (IDR tn) 1,240 1,726 1,683
DISCLAIMER
This material is issued by PT Sinarmas Sekuritas, a member of Indonesia Stock Exchanges, represent the opinion of PT Sinarmas Sekuritas, derived its judgment from sources deemed reliable, however, PT Sinarmas Sekuritas and its affiliated cannot guarantee its accuracy and completeness. PT Sinarmas Sekuritas 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, expressly disclaim any and all liability for representation or warranties, expressed or implied, here in or omission there from or for any loss how so ever arising from any use of this material or its contents or otherwise arising in connection there with. Opinion expressed in this material are our present view and are subject to change without no-tice.
