Market Flash: iSHARES MSCI Indonesia Investable Market Index Fund (EIDO:US) PRICE: 28.530 USD Down -0.360 (-1.246%) >>> BI: Rupiah Melemah Akibat Kondisi Eropa >>> Pertemuan FED pertimbangkan langkah baru dorong ekonomi >>> KIJA akan Terbitkan MEN Valas USD150 Juta >>> PT Indika Energy Perusahaan Teladan Dunia 2011 >>> Govt Promises Revision of Cost Recovery Regulation >>> BPMigas Demands PGN to Pay US$6 per MMBTU >>> Jababeka to Raise US$150 Million from Debt Markets >>> SCG Chemicals buys Chandra Asri >>> Solusi Tunas eyes Rp380 bio IPO >>> SMR Utama scouts Rp300 bio IPO >>> Alam Sutera picks two bond arrangers >>> ASII Tetap Rajai Penjualan Mobil Agustus 2011 >>> Perusahaan Thailand kuasai Saham TPIA senilai Rp 3,76 Triliun >>> Agis Main ke Tambang, Sahamnya Masuk Dalam Pengawasan >>> ACES Mendekati The Northern Agar Mau Kurangi Kepemilikan >>> IHSG masih harus berjuang terus bertahan diatas MA200 >>> Melirik Peluang Akumulasi di Saham Perbankan >>> Analisa Saham BUMI: Kuat Bertahan & Berpeluang Kembali Uptrend >>> Analisa Saham JSMR: Bertahan Di Support, What Next? >>> INDF Tertahan Di Area Support Kuat, Berpeluang Rebound >>> ASII Break Minor Support, Sell on Strength >>> ADRO Membentuk Descending Wedges, Berpeluang Rebound Terbatas >>> Wall Street ends flat as early gains evaporate >>> Fed begins policy meeting, tiptoes toward easing >>> Fed meeting to help decide on long-term Treasuries >>> Greece Makes 'Good Progress' in Reform Talks: EC >>> China worried Europe debt crisis will hit trade >>> China could roll out 4.65tr yuan stimulus package >>> IMF sees Mideast stagnation >>> NYMEX-Crude ends higher at Oct contract expiry >>> Asian Crude Palm Oil Up On Technical Buying, Soyoil >>> Foreign net Sell - 61.785.746

Jumat, 21 Januari 2011

JP Morgan Indo : BRMS, MLPL, CTRA market moving news

MARKET MOVING NEWS

* Buy Bumi Resources Minerals (BRMS) – Parliament may veto the central government’s plan to acquire the 7% stake in Newmont: Parliament’s commission VII has formed the decision to veto central government’s plan to create a central investment pool to acquire the 7% stake in PTNNT, urging them to let the regional government takes-on the buying opportunity. Representatives from the regional government have been quick to respond, saying that their consortium MDB (a subsidiary of BRMS) is ready to buy when the opportunity comes. (Kontan).

* Buy MLPL – James Riady and the Korean investors: Maybe it is time to take a serious look at Mr.Riady’s flagship company PT Multipolar Tbk (MLPL), that holds a 34% stake in First Media (KBLV), 50% stake in Matahari (MPPA), and 1.8% stake in Lippo Karawaci (LPKR). Mr. Riady appears to be in the mood to sell assets or seek strategic buyers, an event that can help crystalize his asset values. Reading the two articles below (one by Reuters and another by Korea Times), SK Telecom, KDDI, and local telcos have reportedly put-in preliminary bids for the cable TV company First Media, while Lotte Shopping appears to be following-up with potential strategic partnership with Matahari’s Hypermart. MLPL’s latest NAV stands at around Rp718/share (vs current share price of Rp315), a calculation that only accounts for Matahari, First Media, and Lippo Karawaci’s valuation (ignoring the net cash and value of unlisted subsidiaries). The asking price for Matahari and First Media stands significantly above their respective share prices, suggesting upside if any of Mr. Riady’s plans come through.

* Buy Ciputra Development (CTRA): CTRA’s management disseminated their fresh 2011 guidance to analysts yesterday, and the guidance is looking upbeat. They aim to grow marketing sales by 60% yoy in 2011, targeting Rp200bn net income in 2010 (vs. JPM at Rp176bn) and Rp260bn in 2011 (vs JPM at Rp249bn). If the 60% yoy growth in marketing sales can be achieved (vs. JPM estimate at around 40% yoy), then 2012 net income may grow above 40% (vs JPM growth forecast of 34%). Property sector is one sector that has been sold-off (due to their illiquidity and small cap nature), despite solidly improving fundamentals.
Posted by Saham Pilihan at 05.08

Tidak ada komentar:

Posting Komentar

Langganan: Posting Komentar (Atom)