update news and rumours Jum'at 17 Juni 2011

13:58  JAKARTA (Dow Jones)--PT Bumi Resources (BUMI.JK) booked $112 million in net
  profit during the first quarter of the year, down from $132 million in the
  same period last year, a company official said Friday.
  The official, who declined to be named, told Dow Jones Newswires that the year
  earlier profit figure had been restated according to International Financial
  Reporting Standards.
  He said Bumi's coal sales volume dropped to 14 million metric tons during the
  January-March period from 16 million tons last year.
  However, sales revenue rose to $1.23 billion from $1.02 million because the
  average coal price rose to $87 a ton during the period from $63/ton a year
  earlier, the source said.
  Bumi will likely release its first quarter results later Friday.


11:13  BUMI 1Q Net Pft $112 Mln Vs $96.8 Mln


10:36  UBS just upgraded valuation and recommendation of ENRG to BUY with TP of Rp 270. We met with the analyst, Sebastian Tobing a few times in the past 2 months in the hope he can update his initial coverage of ENRG. UBS is bullish on ENRG's improved financial highlights (back to profit in 1Q 2011 onward), de-leveraged balance sheet (improved DER), production growth profile in the next 24 months (to reach production rate of 45 - 50 k boe/day by end of 2012), and higher realised Gas and Oil prices. UBS also expects ENRG to refinance its oustanding USD 200 mio CS loan, currently at Libor+12% to reduce the company's overall WACC in the near future. This is the 3rd Bullish Analyst Report on ENRG, after Mandiri (BUY with TP Rp 220) and BNI (BUY with TP 210). Sell BUMI switch to ENRG


10:34  UBS TP ENRG 270

10:32   regional dah plus semua


10:32  Tony Hayward’s Vallares increases IPO size to US$1.9B
Comments Twitter LinkedIn Email .Bloomberg News  Jun 16, 2011 – 10:52 AM ET

By Zijing Wu and Brian Swint

Vallares Plc raised the size of its initial public offering to “at least” 1.2-billion pounds (US$1.9-billion) from 1-billion pounds, according to terms of the offer obtained by Bloomberg News.

Backed by former BP Plc Chief Executive Officer Tony Hayward, financier Nathaniel Rothschild and Goldman Sachs Group Inc. banker Julian Metherell, the investment vehicle will seek to buy a company or asset with an enterprise value of 3-billion to 8-billion pounds within two years, Hayward said last week. The shares, priced at 10 pounds each, are set to start trading in London tomorrow, the terms say.

jadi hari ini???

10:07 asing net buy 80 M