June 2011 4W sales was 70,400 units (+0.02% y-o-y, 15.31% m-o-m). The 15% m-o-m growth in June 2011 showed speedy recovery from supply disruption due to Japan quake earlier. Astra International’s sales have also recovered. As both Toyota and Daihatsu have resumed to normal productions, their sales have also started to normalize.
Based on preliminary figures, it was reported that the 4W sales rose 12% y-o-y to 415,200. This domestic 1H11 sales is inline with our figure, comprising 48.47% of our FY11F estimates. With upcoming Eid-ul Fitr (stronger season for 4W sales) and growing pent up demand due to March–May 2011 supply disruption, we expect stronger 4W sales in 2H11. Hence, positive sentiment towards the Indonesia automotive industry should grow stronger. With 12% y-o-y growth, our FY11F estimates of 856,000 units 4W sales is within comfortable reach.
Senin, 04 Juli 2011
Langganan:
Posting Komentar (Atom)
-
►
2014
(7)
- ► 04/06 - 04/13 (1)
- ► 03/09 - 03/16 (1)
- ► 02/23 - 03/02 (1)
- ► 02/16 - 02/23 (1)
- ► 01/19 - 01/26 (1)
- ► 01/05 - 01/12 (2)
-
►
2013
(18)
- ► 12/29 - 01/05 (1)
- ► 07/07 - 07/14 (1)
- ► 05/19 - 05/26 (1)
- ► 04/14 - 04/21 (1)
- ► 03/17 - 03/24 (1)
- ► 02/17 - 02/24 (3)
- ► 02/10 - 02/17 (6)
- ► 01/27 - 02/03 (3)
- ► 01/06 - 01/13 (1)
-
►
2012
(80)
- ► 12/30 - 01/06 (1)
- ► 12/23 - 12/30 (1)
- ► 12/16 - 12/23 (5)
- ► 12/02 - 12/09 (5)
- ► 11/25 - 12/02 (2)
- ► 11/11 - 11/18 (1)
- ► 11/04 - 11/11 (1)
- ► 10/21 - 10/28 (2)
- ► 10/14 - 10/21 (3)
- ► 10/07 - 10/14 (2)
- ► 09/30 - 10/07 (4)
- ► 09/23 - 09/30 (3)
- ► 09/16 - 09/23 (1)
- ► 09/09 - 09/16 (1)
- ► 09/02 - 09/09 (4)
- ► 08/26 - 09/02 (3)
- ► 08/19 - 08/26 (2)
- ► 08/12 - 08/19 (1)
- ► 08/05 - 08/12 (7)
- ► 07/29 - 08/05 (2)
- ► 07/22 - 07/29 (3)
- ► 07/15 - 07/22 (3)
- ► 07/08 - 07/15 (4)
- ► 07/01 - 07/08 (5)
- ► 06/17 - 06/24 (3)
- ► 06/10 - 06/17 (1)
- ► 06/03 - 06/10 (1)
- ► 05/27 - 06/03 (1)
- ► 05/20 - 05/27 (1)
- ► 04/29 - 05/06 (1)
- ► 04/22 - 04/29 (1)
- ► 04/08 - 04/15 (2)
- ► 04/01 - 04/08 (1)
- ► 03/25 - 04/01 (2)
-
▼
2011
(3338)
- ► 10/02 - 10/09 (2)
- ► 09/18 - 09/25 (20)
- ► 09/11 - 09/18 (76)
- ► 09/04 - 09/11 (37)
- ► 08/21 - 08/28 (60)
- ► 08/14 - 08/21 (76)
- ► 08/07 - 08/14 (99)
- ► 07/31 - 08/07 (114)
- ► 07/24 - 07/31 (99)
- ► 07/17 - 07/24 (55)
- ► 07/10 - 07/17 (59)
-
▼
07/03 - 07/10
(51)
- INCO Bearish on nickel and firm’s growth strategy:...
- ASII Ready to roar - CIMB
- GGRM A win-win move - CIMB
- PGAS Where's the Gas? Derating in the Pipeline; As...
- ITM (ITMG IJ): Cash cow – BUY – Tp56,000 - CLSA
- Potential sale of towers by Indosat to Tower Bersa...
- Focus Asia (Q3 2011) - Soft spot or hard landing? ...
- Indonesia Coal: Buy Bumi and Adaro, to Become Larg...
- Coal Worst Quarter of 2011 Looms on China, Japan: ...
- United Tractors (UNTR IJ) Secured a coal mine in S...
- Gudang Garam – Refocusing on profitability – BUY T...
- Gajah Tunggal - Anonymous bondholder warned that G...
- Adaro Energy - Incorporating J.P. Morgan's new coa...
- Indonesia Coal : Bullish on coal outlook; price fo...
- Roubini: 'Perfect Storm' Coming for Global Economy...
- Euro Drops to One-Week Low Versus Dollar on Concer...
- Asia Equity Focus Indonesia: A compelling long-ter...
- Spotlight - Wijaya Karya - Expanding mode (WIKA-BU...
- Topics: The Rise and Fall of US Commercial Real E...
- XL Axiata – Solid Operator – BUY Tp7,600 - CLSA
- Bank Central Asia - Changing in lending attitude; ...
- Property:Building its growth momentum - Mandiri
- PTBA Given The Benefit of The Doubt - Batavia
- Bear Market in Tin Ending as Shortages Mean PT Tim...
- Asia Coal-Australia thermal coal nudges up above $...
- Newcastle Weekly Coal Exports Rise 4%; Ship Queue ...
- NYMEX-U.S. crude rises 2 percent on demand optimis...
- Medco Menang Tender PLTG Batam Rp 179 Miliar - De...
- Rajawali Grup Akan Perbesar Kepemilikannya di CMNP
- APLN aims to launch Rp800 bio bonds - Insider Stories
- MIRA Harus Jelaskan ke Publik Soal Laporan Keuanga...
- CTRP may secure Rp1.7 trio loan - Insider Stories
- MICE di Backdoor Listing Roda Mas
- Astra International (Outperform) - June auto volum...
- Bear Market in Tin Ending as Shortages Mean PT Tim...
- Kawasan Industri Jababeka - Growth potential from ...
- Bulk Commodities - No more tough times for the Coa...
- Indofood CBP Sukses Makmur (ICBP-BUY-IDR5,600-TP:6...
- Bank Tabungan Pensiunan Nasional - Maintaining str...
- H2 2011 outlook: Global growth reacceleration and ...
- Research Monthly Asia: Looking through uncertainty...
- Bumi Plc to add 3.3% stake in BUMI - Insider Stories
- S&P Warning Sows New Uncertainty on Greek Rescue -...
- BPD Jawa Barat & Banten - Growing through loans TP...
- Initiation: Kawasan Industri Jababeka (KIJA Buy PT...
- June car sales rebound by Sarina - CLSA
- Review of 1H performance - CLSA
- NJA Economic Releases & Events: The week that was ...
- Automotive Sector 4W sales rose 12% y-o-y in 1H11 ...
- Greenspan: Fed's Massive Stimulus Had Little Impac...
- Higher than expected inflation, yet core went flat...
- ► 06/26 - 07/03 (56)
- ► 06/19 - 06/26 (64)
- ► 06/12 - 06/19 (83)
- ► 06/05 - 06/12 (73)
- ► 05/29 - 06/05 (75)
- ► 05/22 - 05/29 (52)
- ► 05/15 - 05/22 (69)
- ► 05/08 - 05/15 (67)
- ► 05/01 - 05/08 (133)
- ► 04/24 - 05/01 (167)
- ► 04/17 - 04/24 (55)
- ► 04/10 - 04/17 (131)
- ► 04/03 - 04/10 (107)
- ► 03/27 - 04/03 (147)
- ► 03/20 - 03/27 (131)
- ► 03/13 - 03/20 (148)
- ► 03/06 - 03/13 (114)
- ► 02/27 - 03/06 (141)
- ► 02/20 - 02/27 (113)
- ► 02/13 - 02/20 (58)
- ► 02/06 - 02/13 (111)
- ► 01/30 - 02/06 (90)
- ► 01/23 - 01/30 (119)
- ► 01/16 - 01/23 (85)
- ► 01/09 - 01/16 (91)
- ► 01/02 - 01/09 (110)
Tidak ada komentar:
Posting Komentar