JPMorgan strategists Mislav Matejka (Europe) and Frank Li (China) are off to a good start on their short term buy call on markets. US technical strategy of looking for a tradeable bottom above 1250 has started to pay-off also; Michael Krauss is looking for retracement rally in July targetting 1325-1340 this summer. Global chief economist Bruce Kasman is looking for midyear rebound in manufacturing output data across the globe, easing concerns of global slowdown.
What to buy in Indonesia? Yesterday I highlighted BBNI, BFIN, and IMAS as domestic plays – and I would reiterate these names today. But overnight in the US, the higher beta sectors acted well throughout the day as the “risk on” trade was in effect with Materials, Energy, Tech, and Consumer Discretionary leading to the upside. So I would add Delta Dunia (DOID) and Energi Mega (ENRG) to my pick list also.
Rabu, 22 Juni 2011
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- How China plans to reinforce the global recovery -...
- News Update - Indopremier
- Timah: Hold; Rp2,475; TP Rp2,700; TINS IJ To pay ...
- Tower Bersama Infrastructure: Buy; Rp2,400; TP Rp2...
- Overnight economic data 24 June 2011 (Friday)
- Oil reserves release shocks markets - Financial Times
- JP Morgan slashes oil price forecast after IEA rel...
- Chinese Premier Declares Inflation Victory - CNBC
- INDONESIA BANKS Report: “Will the real competition...
- U.S. Economy's Woes Temporary; S&P Set to Hit 1450...
- Big Indo bank report - EXTREME, in a good way - CLSA
- Corporate Flash United Tractors - Bahana
- Astra International: Buy; Rp60,000; TP Rp65,000; A...
- Banking Feedback from client meetings - DBS
- It’s Time to Invest in Coal - Marin Katusa
- Trades of the Day... CIMB
- Sales Note : Kalbe Farma potential two acquisition...
- Buy TBIG, IMAS, ENRG - JPM
- PT Bumi Resources Tbk | First Quarter 2011 - Finan...
- BUMI Revisi Laporan Keuangan Triwulan I pendapatan...
- Fed to Maintain Record Stimulus After Ending Bond ...
- Japanese coal plants delayed return removes 8 mill...
- KLBF Acquisition imminent? - by Erwan Teguh (KLBF...
- BUMI On the right track - by Erindra Krisnawan (B...
- Global outlook Solid Ground The great reset - CLSA
- Indo Telcos: Playing defence – BUY EXCL, OPF TLKM,...
- United Tractors (UNTR IJ) earnings upgrade - CLSA
- Astra International: Recovery in 2H as supply retu...
- Ideas ideas ideas DOID as beta trade - JP Morgan
- Bumi Resources - 1Q11 results: Strong but below ex...
- Economy: Greece debt crisis hurts sentiment on the...
- Bumi Resources: Key takeaways from analyst meeting...
- United Tractors: Buy; Rp22,950; TP Rp27,000; UNTR ...
- Intiland Development: Buy; Rp315; TP Rp505 prev Rp...
- Bumi Resources average coal sales price in the sec...
- PT Harum Energy Tbk - Minority calculation under I...
- Indonesia Banks: Upgrade to Attractive - Morgan St...
- Bumi has Published its Prospectus
- Hexindo (HEXA IJ) obtains US$200m heavy equipment ...
- United Tractors (UNTR IJ) reported a good operatio...
- Official 2W and 4W auto sales show good recovery b...
- Sentiment continues to be on the soft side - CLSA
- Bank Danamon (BDMN IJ): counting on cars, downgrad...
- Modern Internasional (MDRN.IJ, Not Rated) - Promis...
- 'Nothing But Bad Choices' Ahead for Greece: El-Erian
- What Happens If Greece Defaults? - GaleriSaham
- PTBA Siap Ngebor 3 Sumur CBM di 2011 - Detikfinance
- PTBA-Pertamina-Arrow Energy Kerja Sama Garap CBM -...
- Resource Firms Bet on China Boom, Not Roubini Gloo...
- A series of new car launches in 2H11 ASII (TP Rp80...
- It's all about QE3 - CLSA
- ADRO / MNCN / ROTI / AUTO - Credit Suisse
- Banking Credit growth target revision - DBS
- Jasa Marga (Persero) - Alert: May 2011 Key Operati...
- Q Strategy Help in EM: A guide to stock selection ...
- Metals & Mining - Govt's coal pricing policy; neut...
- BUMI First quarter volumes disappoint TP 2800 - UBS
- Q Strategy Help in EM: A guide to stock selection ...
- Solid Ground Global outlook The great reset - Russ...
- Banking Sector Update Ample lending opportunities...
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- Global Equity Strategist - Trends in a Trendless M...
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- Domestic cement sales, momentum rising - CLSA
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