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, 01 April 2011

Holcim Indonesia : FY10 results: below ours and consensus – Buy - AmCapital Research

Holcim Indonesia (Holcim) delivered below our expectation and consensus’ FY10 results given its cement sales performance. While we have anticipated these as we had earlier estimated its FY10 net profit would fell by 5.5% YoY to Rp846bn (consensus: Rp916bn), Holcim however posted net profit of Rp828bn (-7.5% YoY) on flat revenues and gross profit at Rp5.96tn (+0.3% YoY) and Rp2.25tn (+0.0% YoY), respectively, with operating profit declined by 4.6% YoY to Rp1.33tn. Current share price traded Holcim Indonesia at 2011F-12F PERs of 18.3-12.5x. We still have a BUY with year-end target price of Rp2,350. With more infrastructure projects ahead and housing demand is on the rise, we believe cement players such as Holcim should benefit from these conditions.
Posted by Saham Pilihan at 05.36

Tidak ada komentar:

Posting Komentar

Langganan: Posting Komentar (Atom)