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, 17 Juni 2011

Strong May cement numbers by Di Shui - CLSA

Domestic sales continue to gather momentum as we head into the dry(er) season.

Domestic sales of 4.146m for the month was 9.1% higher MoM, 19.5% higher YoY. This brings total Indonesian consumption to 18.4m tons YTD, a 13.5% rise over 5M10.

The country’s top three producers (Semen Gresik, Indocement, Holcim) captured 88% of the market, lead by SMGR (41.7%), INTP (31.3%), and SMCB (15.4%).

Of note, SMGR domestic sales of 1.7m tons represents a 10% increase MoM, 25% increase YoY. Given limited excess capacity, and no confirmation of debottlenecking, we suspect the company may have started to buy/import clinker (repackaged under in-house brands) to maintain market share. Pls see attached file for more details.

Maintain our Overweight call on the Indonesian cement sector. BUY INTP and SMCB. O-PF SMGR.
Posted by Saham Pilihan at 05.29

Tidak ada komentar:

Posting Komentar

Langganan: Posting Komentar (Atom)