Update News and Rumours Selasa 7 Juni 2011

15:50   Glencore pendekatan Thailand Banpu di Indonesia, Indo Tambangraya Produsen Batubara

Sumber tertutup untuk Banpu Plc, disarankan pada Senin malam bahwa Glencore, pedagang batubara terbesar dunia, telah mendekati Banpu untuk pengambilalihan mungkin atau saham yang signifikan di Banpu's Indonesia subs Indo Tambangraya Megah untuk menawarkan premium

15:49  dow fut +56

15:47  PLG - druidsz2 druids: Banpu Plc, shareholder of 65% Indonesian coal producer Indo Tambangraya Megah, rose intra day in Bangkok today approaching +2% high (http://www.bloomberg.com/apps/quote?ticker=BANPU:TB). (see intra day chart Banpu)
PLG - druidsz2 druids: Thailand's composite index (SET) slipped to -0,418% intra day (http://www.bloomberg.com/apps/quote?ticker=SET:IND).
PLG - druidsz2 druids: Early in the day, unverified news is circulated among sophisticated traders related to Thai equity desk that source closed to Banpu Plc. had advised on late Monday that Glencore, the biggest world coal trader, has approached Banpu for possible takeover or significant stake in Banpu's Indonesia subs Indo Tambangraya Megah


15:34  DJ Indonesia Govt Bond Auction Receives IDR19.9T In Incoming Bids


14:47  MSCI REBALANCING FOR BUMI HAS INCREASED BY 0.9456% OR BUMI MAY RECEIVE SOME MORE INFLOWS OF AROUND $300 MILLION NET BUY IN COMING SESSIONS.


14:28  CMNP semogaa...

14:19  S+p + 6,7


13:53  China Holdings Ltd. has expressed interst to invest in Indonesia. The company will have a series of investment discussions with Bakrieland Development (ELTY) and Ciputra Group. (disclaimer is on)


13:32  Pilih pengembangan usaha, APLN tak bagi dividen
desy erawati: *DJ Indika Energy Target Cut To IDR4,025 Vs IDR4,140 By BoA-ML
*DJ Indika Energy Cut To Neutral From Buy By BoA-Merrill Lynch


11:41  DJ PREVIEW: Bank Indonesia Likely To Hold Rate As Inflation Eases


11:33  DJ Golden Energy Mines Expects To Raise Above IDR4T From IPO
*DJ Golden Energy Mines To Sell 20% Stake Via IPO In 3Q - Spokesman


11:27  Hasil RUPS BTEL tidak membagikan deviden


11:25   DEWA+ BRMS management will be in Singapore and Hongkong this Wed & Thu with JPMorgan, roadshow


11:07  Jika DEWA saja break di 111 dan lari ke 116 saat ini, dgn volume besar, seharusnya ENRG juga break di 210, karena Chart nya DEWA dan ENRG mirip sekali. (cek postingan yg lalu, stock Pick ENRG)
disclaimer On.


10:49
*DJ Bank Negara Indonesia Target Cut To IDR4300 Vs IDR4600-Goldman
*DJ Bank Negara Indonesia Cut To Neutral Vs Buy By Goldman
*DJ Bank Central Asia Target Raised To IDR8400 Vs IDR7000-Goldman
*DJ Bank Central Asia Raised To Buy Vs Neutral By Goldman Sachs


10:42  ADMG may be added to LQ45 list of stock investment on sound performance and improved liquidity

10:23  Kingfisher Capital CLO Limited has extended the maturity of a US$100 million Convertible Notes issued by PT Bhakti Investama Tbk due July 23, 2010 to July 23, 2011.


10:22  DEWA IS OFFERED AT 2.2X BOOK VALUE OF IDR173; MERRILL LYNCH IS THE ADVISOR FOR THE STAKE SALE


10:16  Energi Mega management will be in Singapore and Hongkong this Wed & Thu with JPMorgan, on a non-deal roadshow.

10:06  temen2 yg kemaren beli BKSL, ada resist di 126 yaa...

09:03  Stocks to watch:

DOID- citing a person it didn't identify, Investor Daily reported that DOID will likely sell the new shares @ Rp1,200/share, raising $215mn. Initially, the price range for the right issue was set at Rp850-1,200 per share

SMSM- declared final dividend of Rp30/
share (2.5% yield). Including interim dividend, the company distributes total dividend of Rp95/share (8% yield)

PNSE- to increase its stock liquidity, the company plans to do a stock split: 20 (new) for 1 (old)

Cum Dividends:
SMDR - Rp160 - 3.9% yield
TRAM - Rp4.84 - 0.8% yield


09:01  Ciputra Development    [  PDF  ]

Realising best case - by Lydia Toisuta

(CTRA IJ / CTRA.JK, OUTPERFORM - Maintained, Rp415 - Tgt. Rp505, Property Devt & Invt)

Ciputra Property has signed a 20-year lease agreement with Lotte Shopping Plaza Indonesia for its Ciputra World Jakarta retail space, under construction. This should be positively viewed as it would reduce project development risks, improve project IRR and increase cash flows. The agreement will leave Ciputra Development (and Ciputra Property) with a secured 100% lease rate, a certain growth rate (fixed rates after the initial three years) and steady cash flows (Rp115bn-120bn annually for FY13-15). We raise our earnings estimates by 3-6% for FY12-13 on the back of changes to our Ciputra World Jakarta retail  calculations and assumptions. Accordingly, we raise our DCF-based (WACC 12%) target price to Rp505 (from Rp500), still implying a 40% discount to RNAV. We continue to expect catalysts from its ability to execute marketing sales, higher rentals and persistent presales strength. (selengkapnya lewat email)

DJ Salim Ivomas IPO Almost 2 Times Oversubscribed - Report