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

Rabu, 04 Mei 2011

JASA MARGA (JSMR): Above consensus Strong Defensive +28% Y/Y 1Q11 EPS! - Credit Suisse

At Rp3,350- JSMR is trading on Consensus 15.4x 2011 PER (in line with CS Indonesia Universe 14.6x 2011F PER) and implied 25% Upside to Consensus Target Price Rp4,183. I am recommending Buy JSMR as Inflation hedge benefiting from Strong IDR, growing domestic consumption on car and improving Sovereign rating to Investment Grade (Risk-free rate), with further upside if Parliament approving the new Land Reform Bill.

· Ella Nusantoro: Jasa Marga reported 1Q11 Net Profit of Rp371bn (+28% Y/Y and 26% of 2011 Consensus) on the back of Revenue Rp1,155bn (+14% Y/Y and 24% of 2011 Consensus). Jasa Marga remains a defensive toll road operator with guaranteed tariff increase in-line with Inflation, while Indonesia car penetration amongst the lowest in the world!
Posted by Saham Pilihan at 23.47

Tidak ada komentar:

Posting Komentar

Langganan: Posting Komentar (Atom)