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, 12 Agustus 2011

Made In Indonesia : Investment momentum still favourable - Deutsche Bank - Equity Research - Asia

DB Access Indonesia Conference 29 Nov – 1 Dec 11, Jakarta

PUBLISHED REPORTS (Summaries attached pages 2)

CIMB Niaga – Raising capital to support growth

Snippets & Views

Bank Indonesia to remain on the sideline
It was widely expected that BI left policy rate unchanged at 6.75%, noting that "current BI rate level is still consistent with the efforts to maintain macro-economic and financial system stability and strong economic growth". The central bank also reiterated its view that inflation will remain within its target range of 4-6% in 2011. Note that inflation fell to 4.6%yoy in July from recent peak of 7.0% in January. The authorities expect inflationary pressure to ease as holiday effects drop out of the data in early September. Although BI expects the US credit rating downgrade to have limited impact on the Indonesian financial markets, we expect BI to remain on the sideline for the rest of the year, in response to the ongoing global financial market turmoil, worsening economic data in the US and Europe and correction in international commodity prices. (DB)

Isuzu to invest US$14.8m in Indonesia
The expansion is likely to be completed in 2012 and will involve 1) improving its network distribution by increasing the number of dealers from 86 to 170 [US$11.8m] and; 2) increasing the medium commercial truck GIGA by five models and ten variants [US$3m]. According to Hajime Koso, VP Director of Isuzu Astra Motor Indonesia (IAMI), this is part of their strategy to achieve sales target of 6,700 units by 2015 or 7% market share for the medium truck segment (Bisnis). DB: This shows the attractiveness of Indonesia's automotive industry given strong underlying demand due to expensive public transportation and poor infrastructure.

BCA Finance plans a Rp1tr bonds issuance in 1H12
In June, the finco arm of BCA already issued Rp1.1tr of bonds, whereby proceeds will be used to fund car-financing. This year, BCA Finance aims to grow financing by 27% yoy to Rp19tr. YTD July, total units of car financed reached 73.6k (+26% yoy) implying gross financing of Rp10.6tr (+22.6% yoy). (Bisnis) DB: New cars account for 67% of total financing and BCA Finance holds 13.2% market share for the segment. Through its finco, BCA has been able to boost its auto-financing. In June, the bank recorded auto-financing growth of 23.6% yoy and we should see accelerated growth in the second semester.

DB Bonds’ trader comment:
Bonds tumbled at the opening after some selling pressures from offshore accounts in the early morning. This pushed yields higher by 20-25bp across the curve. BI came into the market to restore some confidence, buying 15-20y papers. Sentiment reversed, and we saw local pension funds along with interbank buying long dates. MoF cancelled on the decision of not issuing any bonds in yesterday's auction. Yields finally closed 10-15bp higher. (Yield 1yr: 4.58, 5yr: 6.37, 10yr: 7.00)
Posted by Saham Pilihan at 05.10

Tidak ada komentar:

Posting Komentar

Langganan: Posting Komentar (Atom)