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

Selasa, 21 Juni 2011

Jasa Marga (Persero) - Alert: May 2011 Key Operating Statistics – On Track - Citigroup

 Traffic volume growth on track — On a monthly basis, May 2011 traffic volume at 90m vehicles translates to an increase of 3.6% MoM and 12.7% YoY. As at 5M11, traffic volume rose 12.3% YoY to 431m vehicles. This is still within our estimates and equates to 41% of our FY11E of 1,060m vehicles, and is line with historical trends (Fig. 2).
 Camareng section the top volume contributor — The Camareng section continues to be the highest volume contributor with 106m vehicles (+7% YoY) and accounts for 25% of total traffic volumes. 25% of the Camareng volumes had come from the Prof. DR. Sedyatmo section, who now continues to deliver positive growth (+18% YoY to27m vehicles), despite the change from closed system to open system.
 Jagorawi: Highest growth — The highest growth came from the Jagorawi section where traffic grew 36% YoY to 69m vehicles and, at 16% of total volume, it was the second-highest contributor YTD May.
 BORR: Slowly but surely — In terms of overall contribution, the Bogor Ring Road section only accounts a mere 0.8% but still this is a slight improvement compared to the 0.7% contribution during the same period last year. But since it began operation in November 2009, volume growth from this section has shown sharp improvements (Fig 3). As at May 2011, it has grown 35% YoY to 3.5m vehicles.
 Maintain Buy (TP: Rp4,000) — The latest key operating statistics show that JSMR is on track to meet our volume expectations of 1,060 million vehicles in 2011. As such, no change in our view on the stock. Maintain Buy.

Tidak ada komentar:

Posting Komentar