Rabu 9 Mei 2012

15:00  KZ : UNTR Maintain BUY
We maintain BUY on UT given its strong competitive franchise and leverage to rising world hunger for coal. 
We expect UT’s ROIC to rise further from its current 26.5% with EVA® to also expand. Lower ROIC in 2010 was mainly due to the poor performance of its  mining-contracting-business unit (bad  weather and appreciating currency).
We forecast ROIC to see a significant jump from 26.5% in 2011 to 30% in 2012, coming from ramping up coal-asset production and expansion in the other two businesses (mining contracting and heavy equipment).  TP IDR 35,000


15:00  Bumi Resources Est. 1Q Sales Up 14% at 15.8M Tons: Srivastava
2012-05-09 07:12:52.818 GMT
By Yoga Rusmana
     May 9 (Bloomberg) -- Co. 1Q sales in 2011 was 13.9m tons, Director Dileep Srivastava said in an e-mail today.
  * Sales figure is estimated unaudited 1Q 2012, Srivastava said
  * More than 40m tons contracted and priced at ~$91/ton for 2012, he said
  * Co. expects 2012 output to rise to 75m tons from 65.9m tons last yr, he said
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13:46  TV Berbayar Punya Hary Tanoe Jual Saham di Bursa Juni
PT MNC Sky Vision perusahaan terafiliasi dengan PT Global Mediacom Tbk (BMTR) siap menjual saham perdana melalui mekanisme Initial Public Offering (IPO) pada Juni 2012.


11:35  RUPS JSMR menetapkan dividend payout ratio sebesar 40% shg dividen yg akan dibagikan sebesar IDR 79.07/saham. Dengan asumsi harga saham JSMR IDR 5,350 maka dividend yield sebesar 1.48%.


11:34  Mega Capital Indonesia on technical :

BUMI, saat ini sedang menguji support level di 1890, stochastic dan RSI mengalami positive divergence, dimana harga yang terjadi lower low, sementara indikator menunjukkan higher low, jika harga mampu bertahan di atas 1890, dapat dipertimbangkan untuk spec buy. Pelemahan di bawah level tersebut kemungkinan dapat menuju support level 1770/1690/1640. Disclaimer on