Senin 18 Juli 2011

15:41  (F) ENRG : saat ini cadangan oil dan gas terbesar kedua setelah pertamina, di atas medco, star enrg dan pasific oil & gas. Sebesar 567 mmboe. Dng produksi 2011 : 19.300 boepd. 2012 (F) : 50.000 boepd.


15:11  BBRI IJ: JP Morgan Upgrade T/P BBRI to Rp8,600 based on 2012F P/E  with a BUY recommendation.


14:27  TINS deviden 94.17/share.
Cum deviden 18 July 2011.
Yield 3.62%

PGAS deviden 144.24/share.
Cum deviden 19 July 2011.
Yield 3.63%


14:16  Jakarta - PT Bumi Resource Mineral Tbk (BRMS) telah menghabiskan Rp 1,752 triliun dana hasil penawaran umum saham perdana alias initial public offering (IPO). Sisa dana yang dimiliki perseroan sebanyak Rp 222,67 miliar.

Menurut Sekretaris Perusahaan BRMS Muhammad Sulthon, seperti dikutip dari keterangan tertulis perseroan, Senin (18/7/2011), dana tersebut untuk periode 30 Juni 2011.

Dana yang telah dihabiskan perseroan itu mayoritas digunakan untuk bayar utang, yaitu sebesar Rp 1,341 triliun. Sementara sebagian kecil dananya dipakai untuk belanja modal (capital expenditure/capex) dan modal kerja Rp 410,69 miliar.


14:15  DJ Semen Gresik Downgraded To Hold From Buy By Deutsche Bank
*DJ Holcim Indonesia Target Cut To IDR2,075 Vs IDR2,150 By Deutsche Bank
*DJ Holcim Indonesia Cut To Hold From Buy By Deutsche Bank


09:54 
BUMI
Bumi Resources: Step-up acquisition and share matching awards (BUMI, Rp2,950, Buy, TP: Rp3,700)

▪ Last week Bumi Plc announced its application for 1.299mn new Bumi Plc’s voting ordinary shares to be admitted to the premium listing segment and London stock exchange, of which 1.179mn shares new Bumi Plc’s voting shares as consideration part of the BUMI’s Step-up acquisitions program announced on 30 June 2011 to increase ownership in BUMI up to 32.1%. While 120k shares has been allotted to the Share Matching Award Directors.

▪ Upon admission the total number of ordinary shares in Bumi Plc will be 224.9mn shares, in which voting right will be 157.0 mn shares and 67.8mn shares will be suspended voting ordinary shares.

▪ The transaction is a bit slower than our expectation but remain on track with company’s plan. Despite we find it challenging for Bumi Plc to increase its ownership in BUMI up to 51% (40% is more likely), Bumi Plc has been incorporated in UK to become the parent company of the Group so it could have less than 50% free float once the scheme become effective. Premium listing to FTSE100 is a critical moment for the Group since it will increase global capital inflow and support fund raising forward
▪ Currently we have Buy rating on the stock, BUMI is traded at 14.3x-12.1x PER11F-12F.



09:48  ELTY mau masuk ke BKSL lewat preemptive...disc On


09:43  FROM THE PRESS by CC
Alam Sutera to expand further 200-300ha land in Pasar Kemis

Alam Sutera is further expanding its land in Pasar Kemis. The company allocates Rp300-500bn under its FY11 budget, targeting 200-300ha land acquisition before the end of the year. Currently ASRI has around 700ha of land in the area. Internal cash will be used for the expansion. (Investor Daily)

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Monday Early BIRD Edition (Edwin Sebayang-MNC Securites).

"..The overhang from the debt ceiling issue could diminish the focus on earnings.."

Faktor penting yg menjadi perhatian ES sepanjang minggu ini yg perlu diperhatikan investor MNC Securities, termasuk Senin, diantaranya: kelanjutan pembicaraan mengenai Debt Ceiling, ancaman S&P yg akan menurunkan bukan hanya credit Rating AS tetapi termasuk perusahaan2 di AS, bagaimana respond Fitch Rating atas kemungkinan deadlock setelah Moody's & S&P menempatkan AS dlm review, data ekonomi (spt: June Housing Starts, Existing Home Sales, June Leading Economic Indicators, Philadelphia Fed survey of Manufacturing in the Mid-Atlantic Region) serta data earnings emiten big caps (spt: Halliburton, IBM, BofA, Coca-Cola, Goldman Sachs, Wells Fargo, Apple, Yahoo,Altria, United Tech, Abbott Labs, Blackrock, AmEx, Intel, Qualcomm, Ebay, AT&T, Morgan Stanley, Nokia, PepsiCo, Freeport McMoran, Travelers, Mircrosoft, AMD, SanDisk,  Caterpillar, GE, McDonald's, Schlumberger, Verizon, Honeywell). Pertanyaannya adalah apakah kenaikan performance dari emiten2 tsb disebabkan cost cutting atau pure Revenue gains.

Sementara dari dalam negeri ES mengamati hints/clues yg akan dikeluarkan emiten Indonesia berkaitan kinerja mereka sepanjang semester 1/2011.

DOW 12479.73 +0.34%
NAS 2789.8  +0.98%
S&P 1316.14  +0.56%
OIL 97.4. +1.79%
GOLD 1594   +0.3%
COAL. 120.61  -1.5%
NICKEL.24155   -0.23%
TIN.27200. -0.82%
CPO.3121.   -0.76%
TLK.33.76   (7200)
IIT.31    ( 5290)

Mon IDX Range: 4005-4050

BUY: ASRI, AKRA, BBCA, UNTR, JSMR, ITMG, BMRI, ASII, PTBA,  ITMG, HRUM, INCO, TINS, INDF, BBRI, BJBR, INTA, INDY (ES-MNC Securities/Disclaimer On)