See important disclaimer at the end of this report
Friday, September 28, 2018
ID X Statistics
7,000
Volume
JCI Index
20,000
6,000
15,000
5,000
10,000
4,000
5,000
C lo sing
JCI
5,929.22
Transaction Value Regular M arket (IDR tn)
5.195
Transaction Volume Regular M arket (mn shares)
5,977
Foreign Net Buy (Sell) (IDR bn)
(114)
Foreign Net Buy (Sell)
(3.75)
Total M arket Capitalization (IDR tn)
6,707.83
0
3,000
Other Indices
I HSG n a ik se b a n ya k 5 6 p o in (0 .9 5 % ) ke le ve l 5 9 2 9 .2 2 .
Se m e n t a ra LQ4 5 n a ik se b a n ya k 1 2 .7 p o in (1 .3 7 % ) ke le ve l
9 3 8 .2 2 . Fo re ig n n e t se ll se b e sa r Rp 1 1 3 .7 3 m ilia r.
C lo sing
1-D ay C hg (%)
YT D
C hg (%)
LQ45
938.22
1.37
(13.08)
EIDO
22.84
0.66
(19.66)
IDX
20.71
1.02
(16.63)
26,439.93
0.21
6.96
DOW JONES
S&P 500
2,914.00
0.28
8.99
NASDAQ
8,041.97
0.65
16.49
Toda y’s M a r k e t :
FTSE
7,545.44
0.45
(1.85)
•
NIKKEI
23,796.74
(0.99)
4.53
HANG SENG
I HSG diperkirakan bergerak m ixed dengan kecenderungan
m enguat . Bursa AS dit ut up m enguat pada perdagangan
Kam is ( 27/ 09) . Harga crude oil st abil di level USD 72.17
per barrel. Harga bat ubara st abil di level USD 113.70 per
Mt . Rupiah bergerak m enguat t erhadap Dollar AS ke level
Rp 14.921. 10Yr Governm ent Bonds Yield st abil di level
8.18% .
•
•
•
•
•
Dari dalam negeri, Bank I ndonesia ( BI ) kem bali m enaikkan BI 7- Day Reverse Repo Rat e ( BI 7DRRR) sebesar 25
bps ke level 5,75% di Sept em ber 2018. Kenaikan ini sej alan dengan kenaikan bunga acuan Bank Sent ral Am erika
Serikat ( The Fed) m enj adi 2% hingga 2,25% .
Dari dalam negeri, Ot orit as Jasa Keuangan ( OJK) m encat at hingga Agust us 2018, pert um buhan kredit indust ri
perbankan sebesar 12,12% yoy. Pert um buhan t ersebut
lebih t inggi dibandingkan dengan pert um buhan kredit
pada Juli 2018 yang t um buh 11,34%
27,715.67
(0.36)
(7.36)
STRAITS TIM ES
3,236.26
(0.09)
(4.90)
KLSE
1,798.64
0.00
0.10
C urrency Spo t R ate
Sehubungan dengan em it en, Sum m arecon Agung ( SMRA)
m encat at kan pendapat an 1H18 sebesar I DR 2.6 t n ( 1.26% YoY) dan laba t ahun berj alan sebesar I DR 78.4 bn
( + 29.6% YoY) .
1-D ay C hg (%)
YT D
C hg (%)
USD/IDR
14,921.00
0.00
9.17
EUR/IDR
17,372.62
(0.88)
6.67
JPY/IDR
131.55
(0.48)
8.50
SGD/IDR
10,909.64
(0.16)
7.03
AUD/IDR
10,762.69
(0.60)
1.69
GBP/IDR
19,515.76
(0.66)
6.23
C o mmo dities
Crude Oil (USD/barrel)
Natural Gas (USD/mmBtu)
Gold (USD/ounce)
Last
T ransactio n
P rice
Coal (USD/mn tons)
Sehubungan dengan em it en, Waskit a Karya ( WSKT)
m enerim a pem bayaran t ahap keem pat proyek LRT palem bang senilai I DR 3,9 t n. Sebelum nya t ot al pem bayaran 3
t ahap t elah dit erim a sebesar I DR 1,9 t n pada 2017.
R ate (ID R )
YT D
C hg (%)
72.17
8:00:16 AM
19.45
113.70
9/27/2018
12.80
3.06
7:57:45 AM
3.59
1,183.76
8:10:19 AM
(9.13)
Nickel (USD/mn tons)
12,610.00
8:10:16 AM
(1.18)
Tins (USD/mn tons)
18,965.00
8:10:00 AM
(5.29)
2,117.00
9/27/2018
(13.38)
CPO (M YR/mn tons)
Rubber (JPY/kg)
139.70
7:36:51AM
(31.99)
Wheat (USD/bushel)
513.50
7:59:02 AM
20.26
Corn (USD/bushel)
365.25
7:59:45 AM
4.13
Secara t eknikal indeks hari Jum at ( 28/ 09) , I HSG diprediksi
bergerak di kisaran 5883 - 5971.
Top BUY: ROTI , GGRM , AN TM
w w w .sina r m a sse k ur it a s.co.id
BoW : SCM A
Source: Bloomberg, Sinarmas Investment Research
Se e im por t a n t discla im e r a t t he e nd of t his r e por t
1
D a ily Cor por a t e a nd I n du st r y N e w s
Bank I ndonesia ( BI ) kem bali m enaikkan BI 7 - Day Reverse Repo Rat e ( BI 7DRRR) sebesar 25 bps ke level 5,75% di
Sept em ber 2018. Kenaikan ini sej alan dengan kenaikan bunga acuan Bank Sent ral Am erika Serikat ( The Fed) m enj adi 2% hingga 2,25% . Source: Kont an
Harga BBM solar bersubsidi dan BBM khusus penugasan prem ium yang t idak dinaikkan hingga 2019 m erupakan
keput usan bisnis ( business decision) Pert am ina, m eski harga m inyak m enguat . BUMN ini m em ang rugi dalam m enj ual prem ium unt uk m asyarakat berpenghasilan rendah, nam un nilainya kecil sehingga bisa dit ut up dengan subsidi
silang dari penj ualan yang lain. Source: I nvest or Daily
PT I ndonesia Asahan Alum unium / I nalum ( Persero) resm i m enguasai 51% saham Freeport I ndonesia, m enyusul dit andat anganinya perj anj ian j ual beli ( sales and repurchase agreem ent / SPA) saham Freeport I ndonesia oleh m anaj em en I nalum dan Freeport Mcm oran, I nalum segera m elunasi pem belian 51% saham Freeport I ndonesia senilai US$
3,85 m iliar pada Novem ber m endat ang. Source: I nvest or Daily
Ment eri Perhubungan Budi Karya Sum adi m engat akan bahwa t iga proyek keret a ringan ( light rail t ransit / LRT) yang
dit awarkan unt uk dikerj asam akan dengan perusahaan asing yakni LRT Medan, LRT Surabaya, dan LRT Bandung dengan nilai invest asi per proyek sekit ar I DR 5 - 10 t riliun. Pada proyek bandara, ada dua proyek perluasan bandara
yang dit awarkan dengan perkiraan nilai invest asi t iap - t iap proyek Rp3 t riliun—Rp5 t riliun yait u bandar a Kualanam u
di Sum at era Ut ara dan Zainudin Abdul Madj id ( Praya) di Lom bok. Source: Bisnis I ndonesia
Pem erint ah akan m enam bah insent if perpaj akan bagi pengusaha dalam program m ini t ax holiday yang m erupakan
insent if pem bebasan paj ak penghasilan ( PPh) badan sepert i t ax holiday, t api unt uk penanam an m odal senilai Rp 100
m iliar - Rp 500 m iliar. Source: Kont an
Asosiasi Sem en I ndonesia ( ASI ) m encat at , volum e ekspor sem en pada Januari - Agust us t ahun ini m eningkat t aj am
hingga dua kali lipat m enj adi 3,7 j ut a t on. Di periode yang sam a t ahun lalu, penj ualan ekspor sem en nasional hanya
sebesar 1,8 j ut a t on. Source: Kont an
Kondisi fiskal I ndonesia yang kuat t elah m em beri sent im en posit if t erhadap penerbit an Surat Berharga Negara
( SBN) , di ant aranya t ergam bar dari im bal hasil ( yield) yang m asih cukup m asuk akal ( reasonable) . Penerim aan negara yang sam pai akhir Agust us lalu t um buh 18,5% yoy sert a penerim aan paj ak t um buh 16,5% yoy adalah di
ant ara indikat or kondisi fiskal yang kuat . Source: I nvest or Daily
Bank I ndonesia ( BI ) akan m eluncurkan at uran m engenai t ransaksi non - deliverable forward di pasar dom est ik at au
dom est ic non- deliverable forward ( DNDF) yang diharapkan m em perdalam pasar valut a asing ( valas) sehingga dapat
m engurangi t ekanan t erhadap nilai t ukar rupiah. Source: I nvest or Daily
Ot orit as Jasa Keuangan ( OJK) m encat at hingga Agust us 2018, pert um buhan kredit indust ri perbankan sebesar
12,12% yoy. Pert um buhan t ersebut lebih t inggi dibandingkan dengan pert um buhan kredit pada Juli 2018 yang t um buh 11,34% . Source: I nvest or Daily
Waskit a Karya ( WSKT) m enerim a pem bayaran t ahap keem pat proyek LRT palem bang senilai I DR 3,9 t n. Sebelum nya t ot al pem bayaran 3 t ahap t elah dit erim a sebesar I DR 1,9 t n pada 2017. Source: Bisnis I ndonesia
Sum m arecon Agung ( SMRA) m encat at kan pendapat an 1H18 sebesar I DR 2.6 t n ( - 1.26% YoY) dan laba t ahun berj alan sebesar I DR 78.4 bn ( + 29.6% YoY) . Source: Bisnis I ndonesia
Ult ra Jaya Milk ( ULTJ) opt im ist is kinerj a t um buh m elalui penam bahan produk. Tahun ini, pendapat an dit arget kan
naik 13% - 15% dengan laba dibidik t um buh 5% - 10% . Source: Kont an
w w w .sina r m a sse k ur it a s.co.id
Se e im por t a n t discla im e r a t t he e nd of t his r e por t
2
D a ily Cor por a t e a nd I n du st r y N e w s
Golden Eagle Energy ( SMMT) m encat at kan volum e produksi 900.000 t on bat ubara selam a Januari hingga Agust us
2018. Pencapaian t ersebut separuh dari t arget sepanj ang t ahun ini yang sebesar 1,8 j ut a t on bat ubara. Source:
Kont an
Provident Agro ( PALM) m elalui ent it as anak PT Suwarna Art a Mandiri ( SAM) m em beli saham Merdeka Copper Gold
( MDKA) sej um lah 293.294.900 unit saham . Nilai t ransaksi pem belian t ersebut sebesar Rp 698,67 m iliar, dengan kisaran harga Rp 2250- 2400 per saham . Source: I nvest or Daily
Hanson I nt ernat ional ( MYRX) m eraih perset uj uan pem egang saham t erkait rencana penam bahan m odal dengan hak
m em esan efek t erlebih dahulu ( HMETD) at au right s issue. Perseroan berharap m eraup dana sebesar Rp 12 - 16 t riliun. Sour ce: I nvest or Daily
Zurich I nsurance Group, grup asuransi asal Swiss, akan fokus m engem bangkan segm en rit el di I ndonesia, set elah
m engakuisisi 80% kepem ilikan saham PT Asuransi Adira Dinam ika ( Asuransi Adira) dari Danam on Group dan invest or m inorit as. Dari penj ualan t ersebut , Bank Danam on akan m eraih dana sekit ar Rp 3,9 t riliun. Source: Bisnis I ndonesia
PT Sat ria Ant aran Prim a ( SAP) dan PT Super Energy t elah m eram pungkan penawaran awal ( bookbuilding) t erkait
penawaran um um perdana ( I nit ial Public Offering/ I PO) saham . SAP m enet apkan
harga I PO Rp 250 per saham , sedangkan Super Energy Rp 155 per saham . Pencat at an saham ( list ing)
di BEI dij adwalkan pada awal Okt ober 2018. Source: I nvest or Daily
w w w .sina r m a sse k ur it a s.co.id
Se e im por t a n t discla im e r a t t he e nd of t his r e por t
3
W or ld Equ it y I n dices
W O R L D E Q U IT Y IN D IC E S
NO
T IC K E R
A m e ric a
52-WEEK
H IG H
26,769.16
C H A N GE YTD
LO W
22,288.97
P O IN T
1,720.71
%
P E R ( x)
2 0 17
16.92
2 0 17
3.88
2 0 18 E
3.97
D o m a in
C urre nc y
7,374.59
US D
IN D U Index
2
SP X Index
2,940.91
2,502.93
240.39
8.99
22.51
18.07
3.30
3.31
25,541.71
25,541.71
3
C C M P Index
8,133.30
6,427.66
1,138.58
16.49
40.71
24.07
3.80
3.74
12,578.04
12,578.04
4
SP T SX Index
16,586.46
14,785.78
(0.03)
19.81
15.71
1.91
1.90
2,492.42
1,913.72
5
M EXB O L Index
51,121.23
44,429.36
0.59
19.72
16.85
2.65
2.67
5,955.70
316.73
292.49
20.69
2 0 18 E
M A R KE T C A P (B n)
1
(4.51)
6.96
P B V ( x)
7,374.59
E uro pe
6
SX5E Index
3,708.82
3,261.86
(54.17)
(1.55)
18.41
14.29
1.67
1.79
2,962.91
3,458.61
7
UKX Index
7,903.50
6,866.94
(142.33)
(1.85)
23.26
13.57
1.97
2.01
2,103.56
2,755.87
8
C A C Index
5,657.44
5,038.12
227.85
4.29
18.43
14.82
1.67
1.71
1,636.86
1,910.71
9
D A X Index
13,596.89
11,726.62
(482.05)
(3.73)
19.19
13.56
1.86
1.93
1,150.74
1,343.25
10
IB EX Index
10,643.40
9,111.10
(516.40)
(5.14)
15.07
12.48
1.47
1.49
594.88
694.40
(342.27)
(1.57)
11
F T SEM IB Index
24,544.26
20,236.27
12
A EX Index
576.90
515.96
13
SM I Index
9,616.38
8,372.90
(269.65)
9.17
559.35
11.79
1.18
1.24
509.69
594.96
1.68
18.84
14.93
1.91
1.88
678.75
792.31
(2.87)
24.52
15.93
2.59
2.60
1,103.03
1,128.19
A s ia / P a c if ic
14
A S51 Index
6,373.50
5,650.90
116.09
1.91
17.95
15.89
2.08
2.05
1,850.15
1,336.00
15
A S30 Index
6,481.30
5,715.40
132.04
2.14
18.90
15.96
2.00
1.96
2,007.10
1,449.33
16
SH SZ 300 Index
4,403.34
3,191.40
(627.27)
(15.56)
16.47
11.65
2.05
2.08
27,078.15
3,929.89
17
SH A SH R Index
3,757.20
2,769.10
(539.75)
(15.58)
16.86
11.36
1.80
1.84
29,697.18
4,310.00
18
SZ A SH R Index
2,140.56
1,438.39
(491.79)
(24.76)
29.07
16.45
3.12
3.10
18,284.98
2,653.73
19
H SI Index
33,484.08
26,219.56
(2,203.48)
(7.36)
13.71
11.34
1.39
1.41
17,998.93
2,303.51
20
H SC EI Index
13,962.53
10,196.71
(770.33)
(6.58)
9.18
8.21
1.05
1.10
11,483.91
1,469.71
21
SEN SEX Index
38,989.65
31,081.83
2,267.34
6.66
24.56
19.47
3.12
2.96
66,022.16
909.58
22
N IF T Y Index
11,760.20
9,687.55
446.85
4.24
23.85
18.98
3.12
2.94
80,771.30
1,112.78
6,693.47
5,557.56
(426.44)
(6.71)
24.38
15.51
2.58
2.54
6,707,832.32
450.31
1,132.92
871.91
(141.17)
(13.08)
21.16
16.14
3.39
3.35
4,274,291.97
286.94
23
J C I Index
24
LQ 45 Index
25
KSE100 Index
47,144.12
37,736.73
380.32
0.94
8.99
8.51
1.46
1.42
7,191.90
57.92
26
N KY Index
24,129.34
20,285.06
1,031.80
4.53
19.37
16.68
1.89
1.97
403,437.73
3,556.40
27
N EY Index
376.09
323.31
0.97
0.27
16.06
12.67
1.38
1.33
455,241.12
4,013.06
28
T P X Index
1,911.31
1,645.16
(17.45)
(0.96)
16.34
13.92
1.41
1.46
676,759.23
5,965.79
29
F B M KLC I Index
1,896.03
1,657.78
1.83
0.10
16.69
17.38
1.67
1.65
1,120.79
270.94
30
N Z SE Index
1,652.90
1,424.15
114.52
7.58
19.27
21.67
2.03
2.02
133.62
88.52
31
P C O M P Index
9,078.37
6,923.67
(1,237.83)
(14.46)
22.98
16.98
2.51
2.37
9,215.41
170.49
32
F SST I Index
3,641.65
3,102.73
(166.66)
(4.90)
11.07
13.14
1.22
1.24
559.82
409.61
33
KO SP I Index
2,607.10
2,218.09
(112.06)
(4.54)
12.69
9.41
1.05
1.07
1,523,409.41
1,367.33
34
T WSE Index
11,270.18
10,189.04
391.33
3.68
15.55
14.21
1.75
1.76
32,695.83
1,071.50
35
SET Index
1,852.51
1,584.68
(0.76)
(0.04)
18.90
16.30
2.08
2.12
17,678.20
545.59
36
SET 50 Index
1,223.67
1,043.32
23.40
2.06
17.52
16.06
2.26
2.30
12,176.86
375.81
37
VN IN D EX Index
1,211.34
795.05
31.13
3.16
19.00
17.35
2.81
2.90
3,248,510.46
139.18
Source: Bloomberg, Sinarmas Investment Research
w w w .sina r m a sse k ur it a s.co.id
Se e im por t a n t discla im e r a t t he e nd of t his r e por t
4
LQ4 5
L Q 4 5 In d e x
5 2 -W E E K
L Q 4 5 In d e x
C H A N G E Y TD
P E R (x )
P B V (x )
2 7 -S e p -1 8
H IG H
LOW
P O IN T
%
2017
2018E
2017
2018E
M A R K ET C A P
(B n )
1
A D H I IJ
1 ,3 9 0
2 ,5 1 0
1 ,3 2 0
(4 9 5 )
(2 6 . 2 6 )
1 3 .0 2
6 .1 5
1 .1 5
0 .7 6
4 ,9 4 9 .5 8
2
A D R O IJ
1 ,8 2 5
2 ,6 5 0
1 ,5 7 5
(3 5 )
(1 . 8 8 )
9 .0 6
8 .1 7
1 .2 6
1 .0 5
5 8 ,3 7 4 .3 8
3
A K R A IJ
3 ,6 4 0
8 ,0 2 5
3 ,2 2 0
(2 , 7 1 0 )
(4 2 . 6 8 )
2 8 .1 1
1 3 .5 6
3 .3 7
1 .7 1
1 4 ,6 1 3 .4 9
4
A N TM IJ
835
1 ,0 1 5
600
2 7 .0 4
0 .8 1
1 .0 8
2 0 ,0 6 5 .6 9
5
A S II IJ
7 ,3 7 5
8 ,7 5 0
6 ,1 0 0
1 7 .8 3
1 4 .1 6
2 .7 2
2 .1 8
2 9 8 ,5 6 6 .2 0
210
3 3 .6 0
(9 2 5 )
(1 1 . 1 4 )
-
6
B B C A IJ
2 4 ,0 0 0
2 5 ,4 7 5
1 9 ,6 5 0
2 ,1 0 0
9 .5 9
2 3 .1 7
2 2 .9 1
4 .1 1
3 .9 3
5 9 1 ,7 2 0 .2 2
7
B B N I IJ
7 ,3 5 0
1 0 ,1 7 5
6 ,7 5 0
(2 , 5 5 0 )
(2 5 . 7 6 )
1 3 .5 6
8 .9 2
1 .8 7
1 .2 7
1 3 7 ,0 6 7 .6 2
8
B B R I IJ
3 ,0 7 0
3 ,9 2 0
2 ,7 2 0
(5 7 0 )
(1 5 . 6 6 )
1 5 .3 4
1 1 .6 5
2 .6 7
2 .0 3
3 7 8 ,6 7 1 .6 4
9
B B TN IJ
2 ,6 5 0
3 ,8 9 0
2 ,1 1 0
(9 2 0 )
(2 5 . 7 7 )
1 2 .4 9
8 .2 4
1 .7 5
1 .1 3
2 8 ,0 6 3 .5 0
10
B J B R IJ
2 ,0 5 0
2 ,7 5 0
1 ,7 9 5
(3 5 0 )
(1 4 . 5 8 )
1 9 .2 0
1 3 .1 3
2 .3 1
1 .9 0
1 9 ,8 7 7 .4 0
11
B M R I IJ
6 ,6 2 5
9 ,0 5 0
6 ,2 0 0
(1 , 3 7 5 )
(1 7 . 1 9 )
1 8 .0 9
1 2 .1 7
2 .2 4
1 .7 1
3 0 9 ,1 6 6 .6 7
12
B M TR IJ
410
755
378
(1 8 0 )
(3 0 . 5 1 )
0 .8 8
-
13
B R P T IJ
1 ,8 4 0
2 ,7 2 0
1 ,5 1 0
(4 2 0 )
(1 8 . 5 8 )
3 0 .0 0
1 7 .6 5
2 .1 6
1 .2 2
3 2 ,7 3 6 .5 2
14
B S D E IJ
1 ,1 5 5
1 ,9 6 5
1 ,0 8 0
(5 4 5 )
(3 2 . 0 6 )
6 .6 1
8 .3 9
1 .2 9
0 .7 9
2 2 ,2 2 9 .9 3
15
B U M I IJ
214
356
1 4 ,0 1 1 .7 3
16
EX C L IJ
17
G G R M IJ
7 5 ,0 0 0
18
H M S P IJ
19
IC B P IJ
20
IN C O IJ
-
-
5 ,8 2 1 .4 3
166
(5 6 )
(2 0 . 7 4 )
2 .5 7
2 .3 9
-
-
1 ,7 1 0
(1 4 0 )
(4 . 7 3 )
8 5 .1 6
7 3 .2 1
1 .4 6
1 .3 7
3 0 ,1 4 0 .0 5
8 6 ,4 0 0
6 1 ,9 2 5
(8 , 8 0 0 )
(1 0 . 5 0 )
2 0 .8 0
1 7 .1 0
3 .8 2
3 .1 3
1 4 4 ,3 0 6 .6 0
3 ,8 4 0
5 ,5 5 0
3 ,2 3 0
(8 9 0 )
(1 8 . 8 2 )
4 3 .5 4
3 3 .9 3
1 6 .1 3
1 2 .6 9
4 4 6 ,6 6 1 .4 2
8 ,8 2 5
9 ,2 7 5
7 ,9 0 0
(7 5 )
(0 . 8 4 )
2 7 .3 1
2 4 .4 9
5 .3 1
4 .7 4
1 0 2 ,9 1 6 .3 4
3 ,7 0 0
4 ,7 2 0
2 ,5 1 0
3 1 .0 5
1 .1 6
1 .2 9
3 6 ,7 6 4 .4 5
2 ,8 2 0
810
2 8 .0 3
-
21
IN D F IJ
5 ,9 7 5
8 ,6 7 5
5 ,8 5 0
(1 , 6 5 0 )
(2 1 . 6 4 )
1 6 .1 8
1 1 .9 4
2 .1 5
1 .5 4
5 2 ,4 6 3 .0 5
22
IN D Y IJ
2 ,7 4 0
4 ,6 3 0
1 ,8 3 0
(3 2 0 )
(1 0 . 4 6 )
3 .5 0
4 .8 4
1 .2 7
0 .9 7
1 4 ,2 7 5 .9 3
23
IN TP IJ
1 7 ,8 5 0
2 3 ,9 5 0
1 2 ,5 0 0
(4 , 1 0 0 )
(1 8 . 6 8 )
4 3 .4 5
4 7 .9 8
3 .2 9
2 .6 8
6 5 ,7 0 9 .9 9
24
J S M R IJ
4 ,4 7 0
6 ,7 7 5
3 ,9 2 0
(1 , 9 3 0 )
(3 0 . 1 6 )
2 1 .1 1
1 6 .7 9
3 .0 8
1 .9 4
3 2 ,4 4 2 .6 8
25
K L B F IJ
1 ,3 5 5
1 ,7 8 5
1 ,1 5 5
(3 3 5 )
(1 9 . 8 2 )
3 2 .9 6
2 5 .6 6
5 .9 6
4 .3 6
6 3 ,5 1 5 .7 9
26
L P K R IJ
340
745
314
(1 4 8 )
(3 0 . 3 3 )
1 8 .0 9
9 .9 0
0 .4 9
0 .3 6
7 ,8 4 9 .6 4
27
L P P F IJ
6 ,9 0 0
1 1 ,9 7 5
5 ,5 2 5
(3 , 1 0 0 )
(3 1 . 0 0 )
1 5 .2 9
1 0 .1 4
1 2 .5 3
5 .4 7
2 0 ,1 3 3 .6 3
28
M N C N IJ
820
1 ,6 9 0
805
(4 6 5 )
(3 6 . 1 9 )
1 1 .7 8
7 .5 0
1 .8 6
1 .1 3
1 1 ,7 0 6 .4 0
29
M YR X IJ
128
198
101
18
1 6 .3 6
-
-
1 1 ,0 9 8 .0 1
30
P G A S IJ
2 ,1 8 0
2 ,8 6 0
1 ,3 6 5
430
2 4 .5 7
2 0 .7 7
1 4 .6 4
0 .9 9
1 .1 1
5 2 ,8 4 6 .4 9
31
P TB A IJ
4 ,1 6 0
4 ,9 4 0
1 ,8 1 0
1 ,7 0 0
6 9 .1 1
5 .7 9
9 .0 0
1 .9 1
2 .7 6
4 7 ,9 2 5 .9 4
1 ,5 3 5
3 ,2 8 0
1 ,4 6 5
(1 , 1 0 5 )
(4 1 . 8 6 )
1 1 .2 6
5 .5 1
1 .4 3
0 .7 3
9 ,5 1 6 .8 4
500
725
490
(1 8 5 )
(2 7 . 0 1 )
1 7 .6 2
1 0 .9 6
3 .2 0
1 .9 8
2 4 ,0 7 9 .8 0
(2 5 . 0 0 )
2 7 .2 4
1 6 .6 2
9 .3 0
5 .3 2
2 7 ,1 9 6 .1 8
2 8 .0 1
2 .0 3
1 .8 5
5 5 ,9 0 4 .5 8
1 .1 8
-
-
-
32
P TP P IJ
33
P W O N IJ
34
S C M A IJ
1 ,8 6 0
2 ,9 8 0
1 ,7 6 5
(6 2 0 )
35
S M G R IJ
9 ,4 2 5
1 1 ,7 7 5
6 ,5 0 0
(4 7 5 )
(4 . 8 0 )
2 9 .1 4
36
S R IL IJ
344
414
302
(3 6 )
(9 . 4 7 )
7 .2 6
37
S S M S IJ
1 ,2 1 0
1 ,5 5 0
1 ,0 0 5
(2 9 0 )
(1 9 . 3 3 )
1 7 .9 2
1 3 .5 2
3 .5 4
2 .5 3
1 1 ,5 2 5 .2 5
38
TL K M IJ
3 ,5 8 0
4 ,7 0 7
3 ,2 5 0
(8 1 9 )
(1 8 . 6 2 )
1 9 .6 8
1 6 .6 9
4 .7 0
3 .5 2
3 5 4 ,6 4 2 .7 4
39
TP IA IJ
4 ,8 8 0
6 ,6 7 5
4 ,6 4 0
(1 , 1 2 0 )
(1 8 . 6 7 )
2 3 .8 1
2 7 .3 0
4 .7 4
3 .3 0
8 7 ,0 2 7 .5 8
40
TR A M IJ
216
432
122
-
-
1 0 ,7 2 0 .8 8
41
U N TR IJ
3 2 ,1 7 5
4 0 ,5 0 0
3 0 ,4 2 5
(3 , 2 2 5 )
(9 . 1 1 )
1 7 .8 4
1 1 .7 0
2 .9 1
2 .3 0
1 2 0 ,0 1 7 .1 0
42
U N V R IJ
4 7 ,1 5 0
5 8 ,1 0 0
4 0 ,4 0 0
(8 , 7 5 0 )
(1 5 . 6 5 )
6 0 .8 9
4 6 .7 6
8 2 .4 4
5 9 .3 8
3 5 9 ,7 5 4 .5 0
43
W IK A IJ
1 ,3 6 0
2 ,1 9 0
1 ,2 1 0
(1 9 0 )
(1 2 . 2 6 )
1 1 .5 5
8 .2 2
1 .1 0
0 .8 6
1 2 ,1 9 9 .1 3
44
W S B P IJ
356
510
336
(5 2 )
(1 2 . 7 5 )
1 0 .5 6
7 .5 2
1 .4 7
1 .0 3
9 ,3 8 4 .5 7
W S K T IJ
1 ,6 9 5
3 ,1 5 0
1 ,6 8 0
(5 1 5 )
(2 3 . 3 0 )
7 .3 8
5 .3 2
2 .1 4
1 .3 2
2 3 ,0 0 7 .7 6
45
18
9 .0 9
-
-
-
7 ,0 3 5 .5 5
Source: Bloomberg, Sinarmas Investment Research
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Se e im por t a n t discla im e r a t t he e nd of t his r e por t
5
M a cr o da t a
S e c t o rs
D e s c ript io n
1- D a y ( %)
5 - D a ys ( %)
1- M o nt h ( %)
Y T D ( %)
P ro perty
0.54
(0.62)
(7.77)
(15.38)
B asic Industry
1.40
(0.29)
(2.75)
17.28
Trade
0.60
(0.48)
(3.64)
(11.24)
Finance
0.31
(0.15)
(3.58)
(6.54)
M iscellaneo us Industry
0.37
(1.35)
0.08
(9.11)
Co nsumer
2.20
0.76
3.43
(12.76)
Infrastructure
A griculture
M ining
0.88
(0.18)
(1.90)
(13.18)
(0.27)
(1.08)
(2.38)
(3.05)
1.08
1.17
(2.37)
22.89
A ug- 18
J ul- 18
E c o no m ic Indic a t o rs
E c o no m ic P a ra m e t e rs
Inflatio n YTD (in %)
2.13
3.61
Inflatio n Yo Y (in %)
3.20
3.18
-0.05
0.28
117.90
118.31
Inflatio n M o M (in %)
Fo reign Reserves (in USD bn)
F OR EX
S po t R a t e
USD/IDR
1- D a y ( %) 1- M o nt h ( %)
Y T D ( %)
14,946.00
-
(2.14)
(9.31)
USD/CNY
6.89
(0.17)
(1.08)
(5.57)
USD/EUR
0.86
(0.02)
0.43
3.10
USD/JP Y
113.47
(0.08)
(2.01)
(0.69)
USD/SGD
1.37
0.01
(0.29)
(2.33)
USD/A UD
1.39
(0.09)
1.73
8.21
USD/GB P
0.76
(0.03)
(1.58)
3.28
Le nding a nd D e po s it R a t e s
( in %)
JIB OR (in IDR)
7.40
LIB OR (in GB P )
1.06
SIB OR ( in USD)
1.46
Indo nesia 5-Year Go vernment B o nds Yield
8.18
Indo nesia 10-Year Go vernment B o nds Yield
8.18
Indo nesia 15-Year Go vernment B o nds Yield
8.38
Source: Bloomberg, Sinarmas Investment Research
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Se e im por t a n t discla im e r a t t he e nd of t his r e por t
6
St a t e Budge t
I NDI CAT OR
2016
2017
2018
LKPP
APBNP
RAPBN
GDP Gr owth ( % , YoY)
5,0%
5,2%
5,4%
Ex change r ate ( USD/ I DR)
13307
13300
13500
I nflation ( % , YoY)
3%
4,3%
3,5%
3 Months SPN ( % )
5,7%
5,2%
5,3%
40
45
48
I ndonesian Cr ude Oil ( USD/ bar r el)
Oil Lifting ( thousands bar r el/ day )
829
815
800
Gas Lifting ( thousands, BOE/ day )
1.18
1.15
1.2
Total State Budget ( in I DR tr illion)
1556
1714
1878
Upcom ing I PO
Co m p a n y
I PO
Pr ice
( Rp )
Bu sin e ss
I ssu e d
Sh a r e s
( Mn )
Madusar i Mur ni I ndah
Tr im itr a Pr oper tindo Tbk
Of f e r in g Da t e ( 2 0 1 7 )
List in g
495.9
23/ 08/ 2018 - 27/ 08/ 2018
30- Aug- 18
773.3
10/ 07/ 2018 - 14/ 08/ 2018
23- Aug- 18
1981.0
25/ 07/ 2018 - 31/ 07/ 2018
07- Aug- 18
Mahk ota Gr oup Tbk
703.7
03/ 07/ 2018 - 09/ 07/ 2018
12- Jul- 18
NFC I ndonesia Tbk
166.7
03/ 07/ 2018 - 05/ 07/ 2018
12- Jul- 18
MD Pictur es Tbk
Un d e r w r it e r
D ivide nd
St o ck
D PS ( Rp )
Cu m D a t e
Ex D a t e
Re co r d in g
Pa y m e n t
XC I D
1.46
St a t u s
01/ 08/ 2018
02/ 08/ 2018
06/ 08/ 2018
21/ 08/ 2018
AKRA
120
11/ 07/ 2018
12/ 07/ 2018
16/ 07/ 2018
03/ 08/ 2018
XI SB
1.99
11/ 07/ 2018
12/ 07/ 2018
16/ 07/ 2018
18/ 07/ 2018
BMAS
8
06/ 07/ 2018
09/ 07/ 2018
11/ 07/ 2018
02/ 08/ 2018
C ASS
15.65
06/ 07/ 2018
09/ 07/ 2018
11/ 07/ 2018
02/ 08/ 2018
I NAI
30
06/ 07/ 2018
09/ 07/ 2018
11/ 07/ 2018
02/ 08/ 2018
ULTJ
10
06/ 07/ 2018
09/ 07/ 2018
11/ 07/ 2018
01/ 08/ 2018
BATA
5.55
05/ 07/ 2018
06/ 07/ 2018
10/ 07/ 2018
27/ 07/ 2018
C SAP
4
05/ 07/ 2018
06/ 07/ 2018
10/ 07/ 2018
01/ 08/ 2018
Right s I ssu e
T ick e r
MAYA
Ra t io
1
:
6
Pr ice ( Rp )
Cu m Da t e
EX Da t e
T r a d in g
2,200
24/ 09/ 2018
25/ 09/ 2018
01/ 10/ 2018 - 05/ 10/ 2018
BBKP
3
:
10
570
06/ 07/ 2018
09/ 07/ 2018
13/ 07/ 2018 - 25/ 07/ 2018
PEGE
3
:
1
100
06/ 07/ 2018
09/ 07/ 2018
13/ 07/ 2018 - 19/ 07/ 2018
www.sinarmassekuritas.co.id
See important disclaimer at the end of this report
Pick s of Th e D a y
ROTI - Daily 9/27/2018 4:05:00 PM Open 1050, Hi 1075, Lo 1030, Clos e 1075 (2.4%) MA(Clos e,50) = 969.10
1,350
1,300
1,250
1,200
1,150
1115
1105
1095
1,100
1,075
1070
1060
1050
1,050
1035
1015
1,000
995
969.1
950
Dec
2018
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
ROTI - MACD(12,26) = 26.41, Signal(12,26,9) = 19.52
26.4108
20
19.5201
0
-20
-40
Dec
2018
Feb
ROTI - Stoch %K(15,3) = 88.17, Stoch %D(15,3,3) = 87.06
Mar
Apr
May
Jun
Jul
Aug
Sep
88.172
80
87.0609
20
ROTI - RSI(15) = 69.53
69.5334
70
ROTI : TRAD I N G BUY
ROTI berhasil break Resist ance Trendline 1.070, ROTI berpeluang m elanj ut kan penguatan dengan m enguj i Resist ance 1.095,
1.105 dan 1.115. Nam un, j ika ROTI gagal break Resist ance 1.095, m aka ROTI akan m encoba Support 1.060, 1.050 dan 1.035.
ROTI dilihat I ndikat or MACD m engindikasikan pola Upt rend dan St oc osc m engindikasikan pola Reversal.
Ent ry point
Exit point
St op Loss
: 1.070 — 1.075
: 1.095 ( 2.3% ) , 1.115 ( 4.2% )
: 1.050 ( - 1.9% )
SCMA - Daily 9/27/2018 4:08:00 PM Open 1820, Hi 1870, Lo 1820, Clos e 1860 (2.2%) MA(Clos e,50) = 1,986.30
3,000
2,900
2,800
2,700
2,600
2,500
2,400
2,300
2,200
2,100
2080
2030
2000
1965
1920
1880
1850
1795
1765
Dec
2018
Feb
SCMA - MACD(12,26) = -49.40, Signal(12,26,9) = -50.32
Mar
Apr
May
Jun
Jul
Aug
2,000
1,986.3
1,900
1,860
1,800
Sep
100
50
Dec
2018
Feb
SCMA - Stoch %K(15,3) = 28.23, Stoch %D(15,3,3) = 22.55
Mar
Apr
May
Jun
Jul
Aug
Sep
0
-49.4015
-50
-50.3234
-100
80
28.2261
20
22.5521
SCMA - RSI(15) = 44.68
SCM A : BUY ON W EAKN ESS
SCM A belum berhasil break Resist ance Trendline 1.880, SCM A berpeluang m enguj i Support 1.850, 1.820 dan 1.795. Nam un, j ika
SCM A berhasil break Resist ance 1.880, m aka SCM A akan m encoba Resist ance 1.900, 1.920 dan 1.965. SCM A dilihat I ndikator
St oc osc m engindikasikan pola Reversal.
Ent ry point
Exit point
St op Loss
: 1.850 — 1.860
: 1.900 ( 2.7% ) , 1.920 ( 3.8% )
: 1.820 ( - 1.6% )
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Pick s of Th e D a y
GGRM - Daily 9/27/2018 4:05:00 PM Open 73800, Hi 75000, Lo 73500, Clos e 75000 (3.1%) MA(Clos e,50) = 73,374.00
86,000
84,000
82,000
80,000
78,000
77500
77000
76550
75750
75250
74500
73625
72500
72025
76,000
75,000
74,000
73,374
72,000
71000
69925
70,000
68,000
66,000
Dec
2018
Feb
Mar
GGRM - MACD(12,26) = 255.16, Signal(12,26,9) = 228.20
Apr
May
Jun
Jul
Aug
Sep
2,000
255.161 0
228.197
-2,000
Dec
2018
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
GGRM - Stoch %K(15,3) = 68.65, Stoch %D(15,3,3) = 64.59
80
68.6503
64.5862
20
70
GGRM - RSI(15) = 54.14
GGRM : TRAD I N G BUY
GGRM m encoba break Resistance Trendline 75.250 . Jika berhasil break 75.250, m aka GGRM berpeluang m elanj ut kan penguat an
m enguj i Resist ance 75.750 dan 76.550. Nam un, j ika GGRM gagal break Resist ance Trendline 75.250, m aka GGRM akan m encoba
Support 74.500, 74.000 dan 73.500. GGRM dilihat I ndikator MACD dan St oc osc m engindikasikan pola Golden Cross.
Ent ry point
Exit point
St op Loss
: 75.000 — 75.250
: 75.750 ( 1.0% ) , 76.550 ( 2.1% )
: 74.500 ( - 0.7% )
ANTM - Daily 9/27/2018 4:13:00 PM Open 805, Hi 845, Lo 805, Clos e 835 (3.7%) MA(Clos e,50) = 855.80
1,000
950
915
900
900
880
860
855.8
840
835
820
805
795
780
765
755
850
800
750
735
700
650
600
Dec
2018
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
ANTM - MACD(12,26) = -11.87, Signal(12,26,9) = -17.30
Dec
2018
Feb
ANTM - Stoch %K(15,3) = 72.22, Stoch %D(15,3,3) = 61.17
60
Mar
Apr
May
Jun
Jul
Aug
Sep
40
20
0
-11.8681
-20
-17.3042
80
72.2222
61.1744
20
ANTM - RSI(15) = 52.66
AN TM : TRAD I N G BUY
AN TM berhasil break Resist ance Trendline 845. AN TM berpeluang m elanj ut kan penguat an dengan m enguj i Resist ance 860, 880
dan 900. Nam un, j ika AN TM gagal break Resist ance 860, m aka AN TM akan m encoba Support 830, 820 dan 805. AN TM dilihat
I ndikator St oc osc dan MACD m engindikasikan pola Upt rend.
Ent ry point
Exit point
St op Loss
: 835 — 840
: 860 ( 3.0% ) , 880 ( 5.4% )
: 820 ( - 1.8% )
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HEAD OF RESEARCH
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Telecommunication, Tobacco, Poultry, Media
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Consumer Goods, Plantation, Pulp and Paper
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DISCLAIMER
This material is issued by PT Sinarmas Sekuritas, a member of Indonesia Stock Exchanges, represent the opinion of PT Sinarmas Sekuritas, derived its judgment from sources deemed reliable, however, PT Sinarmas Sekuritas and its affiliated cannot guarantee its accuracy and completeness. PT Sinarmas Sekuritas or its affiliates may be involved in transactions contrary to any opinion herein or have positions in the securities recommended herein and may seek or
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expressly disclaim any and all liability for representation or warranties, expressed or implied, here in or omission there from or for any loss how so ever
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and are subject to change without notice. For further information please contact our number +62 21 392 5550 or fax +62 21 392 2320.
ID X Statistics
7,000
Volume
JCI Index
20,000
6,000
15,000
5,000
10,000
4,000
5,000
C lo sing
JCI
5,929.22
Transaction Value Regular M arket (IDR tn)
5.195
Transaction Volume Regular M arket (mn shares)
5,977
Foreign Net Buy (Sell) (IDR bn)
(114)
Foreign Net Buy (Sell)
(3.75)
Total M arket Capitalization (IDR tn)
6,707.83
0
3,000
Other Indices
I HSG n a ik se b a n ya k 5 6 p o in (0 .9 5 % ) ke le ve l 5 9 2 9 .2 2 .
Se m e n t a ra LQ4 5 n a ik se b a n ya k 1 2 .7 p o in (1 .3 7 % ) ke le ve l
9 3 8 .2 2 . Fo re ig n n e t se ll se b e sa r Rp 1 1 3 .7 3 m ilia r.
C lo sing
1-D ay C hg (%)
YT D
C hg (%)
LQ45
938.22
1.37
(13.08)
EIDO
22.84
0.66
(19.66)
IDX
20.71
1.02
(16.63)
26,439.93
0.21
6.96
DOW JONES
S&P 500
2,914.00
0.28
8.99
NASDAQ
8,041.97
0.65
16.49
Toda y’s M a r k e t :
FTSE
7,545.44
0.45
(1.85)
•
NIKKEI
23,796.74
(0.99)
4.53
HANG SENG
I HSG diperkirakan bergerak m ixed dengan kecenderungan
m enguat . Bursa AS dit ut up m enguat pada perdagangan
Kam is ( 27/ 09) . Harga crude oil st abil di level USD 72.17
per barrel. Harga bat ubara st abil di level USD 113.70 per
Mt . Rupiah bergerak m enguat t erhadap Dollar AS ke level
Rp 14.921. 10Yr Governm ent Bonds Yield st abil di level
8.18% .
•
•
•
•
•
Dari dalam negeri, Bank I ndonesia ( BI ) kem bali m enaikkan BI 7- Day Reverse Repo Rat e ( BI 7DRRR) sebesar 25
bps ke level 5,75% di Sept em ber 2018. Kenaikan ini sej alan dengan kenaikan bunga acuan Bank Sent ral Am erika
Serikat ( The Fed) m enj adi 2% hingga 2,25% .
Dari dalam negeri, Ot orit as Jasa Keuangan ( OJK) m encat at hingga Agust us 2018, pert um buhan kredit indust ri
perbankan sebesar 12,12% yoy. Pert um buhan t ersebut
lebih t inggi dibandingkan dengan pert um buhan kredit
pada Juli 2018 yang t um buh 11,34%
27,715.67
(0.36)
(7.36)
STRAITS TIM ES
3,236.26
(0.09)
(4.90)
KLSE
1,798.64
0.00
0.10
C urrency Spo t R ate
Sehubungan dengan em it en, Sum m arecon Agung ( SMRA)
m encat at kan pendapat an 1H18 sebesar I DR 2.6 t n ( 1.26% YoY) dan laba t ahun berj alan sebesar I DR 78.4 bn
( + 29.6% YoY) .
1-D ay C hg (%)
YT D
C hg (%)
USD/IDR
14,921.00
0.00
9.17
EUR/IDR
17,372.62
(0.88)
6.67
JPY/IDR
131.55
(0.48)
8.50
SGD/IDR
10,909.64
(0.16)
7.03
AUD/IDR
10,762.69
(0.60)
1.69
GBP/IDR
19,515.76
(0.66)
6.23
C o mmo dities
Crude Oil (USD/barrel)
Natural Gas (USD/mmBtu)
Gold (USD/ounce)
Last
T ransactio n
P rice
Coal (USD/mn tons)
Sehubungan dengan em it en, Waskit a Karya ( WSKT)
m enerim a pem bayaran t ahap keem pat proyek LRT palem bang senilai I DR 3,9 t n. Sebelum nya t ot al pem bayaran 3
t ahap t elah dit erim a sebesar I DR 1,9 t n pada 2017.
R ate (ID R )
YT D
C hg (%)
72.17
8:00:16 AM
19.45
113.70
9/27/2018
12.80
3.06
7:57:45 AM
3.59
1,183.76
8:10:19 AM
(9.13)
Nickel (USD/mn tons)
12,610.00
8:10:16 AM
(1.18)
Tins (USD/mn tons)
18,965.00
8:10:00 AM
(5.29)
2,117.00
9/27/2018
(13.38)
CPO (M YR/mn tons)
Rubber (JPY/kg)
139.70
7:36:51AM
(31.99)
Wheat (USD/bushel)
513.50
7:59:02 AM
20.26
Corn (USD/bushel)
365.25
7:59:45 AM
4.13
Secara t eknikal indeks hari Jum at ( 28/ 09) , I HSG diprediksi
bergerak di kisaran 5883 - 5971.
Top BUY: ROTI , GGRM , AN TM
w w w .sina r m a sse k ur it a s.co.id
BoW : SCM A
Source: Bloomberg, Sinarmas Investment Research
Se e im por t a n t discla im e r a t t he e nd of t his r e por t
1
D a ily Cor por a t e a nd I n du st r y N e w s
Bank I ndonesia ( BI ) kem bali m enaikkan BI 7 - Day Reverse Repo Rat e ( BI 7DRRR) sebesar 25 bps ke level 5,75% di
Sept em ber 2018. Kenaikan ini sej alan dengan kenaikan bunga acuan Bank Sent ral Am erika Serikat ( The Fed) m enj adi 2% hingga 2,25% . Source: Kont an
Harga BBM solar bersubsidi dan BBM khusus penugasan prem ium yang t idak dinaikkan hingga 2019 m erupakan
keput usan bisnis ( business decision) Pert am ina, m eski harga m inyak m enguat . BUMN ini m em ang rugi dalam m enj ual prem ium unt uk m asyarakat berpenghasilan rendah, nam un nilainya kecil sehingga bisa dit ut up dengan subsidi
silang dari penj ualan yang lain. Source: I nvest or Daily
PT I ndonesia Asahan Alum unium / I nalum ( Persero) resm i m enguasai 51% saham Freeport I ndonesia, m enyusul dit andat anganinya perj anj ian j ual beli ( sales and repurchase agreem ent / SPA) saham Freeport I ndonesia oleh m anaj em en I nalum dan Freeport Mcm oran, I nalum segera m elunasi pem belian 51% saham Freeport I ndonesia senilai US$
3,85 m iliar pada Novem ber m endat ang. Source: I nvest or Daily
Ment eri Perhubungan Budi Karya Sum adi m engat akan bahwa t iga proyek keret a ringan ( light rail t ransit / LRT) yang
dit awarkan unt uk dikerj asam akan dengan perusahaan asing yakni LRT Medan, LRT Surabaya, dan LRT Bandung dengan nilai invest asi per proyek sekit ar I DR 5 - 10 t riliun. Pada proyek bandara, ada dua proyek perluasan bandara
yang dit awarkan dengan perkiraan nilai invest asi t iap - t iap proyek Rp3 t riliun—Rp5 t riliun yait u bandar a Kualanam u
di Sum at era Ut ara dan Zainudin Abdul Madj id ( Praya) di Lom bok. Source: Bisnis I ndonesia
Pem erint ah akan m enam bah insent if perpaj akan bagi pengusaha dalam program m ini t ax holiday yang m erupakan
insent if pem bebasan paj ak penghasilan ( PPh) badan sepert i t ax holiday, t api unt uk penanam an m odal senilai Rp 100
m iliar - Rp 500 m iliar. Source: Kont an
Asosiasi Sem en I ndonesia ( ASI ) m encat at , volum e ekspor sem en pada Januari - Agust us t ahun ini m eningkat t aj am
hingga dua kali lipat m enj adi 3,7 j ut a t on. Di periode yang sam a t ahun lalu, penj ualan ekspor sem en nasional hanya
sebesar 1,8 j ut a t on. Source: Kont an
Kondisi fiskal I ndonesia yang kuat t elah m em beri sent im en posit if t erhadap penerbit an Surat Berharga Negara
( SBN) , di ant aranya t ergam bar dari im bal hasil ( yield) yang m asih cukup m asuk akal ( reasonable) . Penerim aan negara yang sam pai akhir Agust us lalu t um buh 18,5% yoy sert a penerim aan paj ak t um buh 16,5% yoy adalah di
ant ara indikat or kondisi fiskal yang kuat . Source: I nvest or Daily
Bank I ndonesia ( BI ) akan m eluncurkan at uran m engenai t ransaksi non - deliverable forward di pasar dom est ik at au
dom est ic non- deliverable forward ( DNDF) yang diharapkan m em perdalam pasar valut a asing ( valas) sehingga dapat
m engurangi t ekanan t erhadap nilai t ukar rupiah. Source: I nvest or Daily
Ot orit as Jasa Keuangan ( OJK) m encat at hingga Agust us 2018, pert um buhan kredit indust ri perbankan sebesar
12,12% yoy. Pert um buhan t ersebut lebih t inggi dibandingkan dengan pert um buhan kredit pada Juli 2018 yang t um buh 11,34% . Source: I nvest or Daily
Waskit a Karya ( WSKT) m enerim a pem bayaran t ahap keem pat proyek LRT palem bang senilai I DR 3,9 t n. Sebelum nya t ot al pem bayaran 3 t ahap t elah dit erim a sebesar I DR 1,9 t n pada 2017. Source: Bisnis I ndonesia
Sum m arecon Agung ( SMRA) m encat at kan pendapat an 1H18 sebesar I DR 2.6 t n ( - 1.26% YoY) dan laba t ahun berj alan sebesar I DR 78.4 bn ( + 29.6% YoY) . Source: Bisnis I ndonesia
Ult ra Jaya Milk ( ULTJ) opt im ist is kinerj a t um buh m elalui penam bahan produk. Tahun ini, pendapat an dit arget kan
naik 13% - 15% dengan laba dibidik t um buh 5% - 10% . Source: Kont an
w w w .sina r m a sse k ur it a s.co.id
Se e im por t a n t discla im e r a t t he e nd of t his r e por t
2
D a ily Cor por a t e a nd I n du st r y N e w s
Golden Eagle Energy ( SMMT) m encat at kan volum e produksi 900.000 t on bat ubara selam a Januari hingga Agust us
2018. Pencapaian t ersebut separuh dari t arget sepanj ang t ahun ini yang sebesar 1,8 j ut a t on bat ubara. Source:
Kont an
Provident Agro ( PALM) m elalui ent it as anak PT Suwarna Art a Mandiri ( SAM) m em beli saham Merdeka Copper Gold
( MDKA) sej um lah 293.294.900 unit saham . Nilai t ransaksi pem belian t ersebut sebesar Rp 698,67 m iliar, dengan kisaran harga Rp 2250- 2400 per saham . Source: I nvest or Daily
Hanson I nt ernat ional ( MYRX) m eraih perset uj uan pem egang saham t erkait rencana penam bahan m odal dengan hak
m em esan efek t erlebih dahulu ( HMETD) at au right s issue. Perseroan berharap m eraup dana sebesar Rp 12 - 16 t riliun. Sour ce: I nvest or Daily
Zurich I nsurance Group, grup asuransi asal Swiss, akan fokus m engem bangkan segm en rit el di I ndonesia, set elah
m engakuisisi 80% kepem ilikan saham PT Asuransi Adira Dinam ika ( Asuransi Adira) dari Danam on Group dan invest or m inorit as. Dari penj ualan t ersebut , Bank Danam on akan m eraih dana sekit ar Rp 3,9 t riliun. Source: Bisnis I ndonesia
PT Sat ria Ant aran Prim a ( SAP) dan PT Super Energy t elah m eram pungkan penawaran awal ( bookbuilding) t erkait
penawaran um um perdana ( I nit ial Public Offering/ I PO) saham . SAP m enet apkan
harga I PO Rp 250 per saham , sedangkan Super Energy Rp 155 per saham . Pencat at an saham ( list ing)
di BEI dij adwalkan pada awal Okt ober 2018. Source: I nvest or Daily
w w w .sina r m a sse k ur it a s.co.id
Se e im por t a n t discla im e r a t t he e nd of t his r e por t
3
W or ld Equ it y I n dices
W O R L D E Q U IT Y IN D IC E S
NO
T IC K E R
A m e ric a
52-WEEK
H IG H
26,769.16
C H A N GE YTD
LO W
22,288.97
P O IN T
1,720.71
%
P E R ( x)
2 0 17
16.92
2 0 17
3.88
2 0 18 E
3.97
D o m a in
C urre nc y
7,374.59
US D
IN D U Index
2
SP X Index
2,940.91
2,502.93
240.39
8.99
22.51
18.07
3.30
3.31
25,541.71
25,541.71
3
C C M P Index
8,133.30
6,427.66
1,138.58
16.49
40.71
24.07
3.80
3.74
12,578.04
12,578.04
4
SP T SX Index
16,586.46
14,785.78
(0.03)
19.81
15.71
1.91
1.90
2,492.42
1,913.72
5
M EXB O L Index
51,121.23
44,429.36
0.59
19.72
16.85
2.65
2.67
5,955.70
316.73
292.49
20.69
2 0 18 E
M A R KE T C A P (B n)
1
(4.51)
6.96
P B V ( x)
7,374.59
E uro pe
6
SX5E Index
3,708.82
3,261.86
(54.17)
(1.55)
18.41
14.29
1.67
1.79
2,962.91
3,458.61
7
UKX Index
7,903.50
6,866.94
(142.33)
(1.85)
23.26
13.57
1.97
2.01
2,103.56
2,755.87
8
C A C Index
5,657.44
5,038.12
227.85
4.29
18.43
14.82
1.67
1.71
1,636.86
1,910.71
9
D A X Index
13,596.89
11,726.62
(482.05)
(3.73)
19.19
13.56
1.86
1.93
1,150.74
1,343.25
10
IB EX Index
10,643.40
9,111.10
(516.40)
(5.14)
15.07
12.48
1.47
1.49
594.88
694.40
(342.27)
(1.57)
11
F T SEM IB Index
24,544.26
20,236.27
12
A EX Index
576.90
515.96
13
SM I Index
9,616.38
8,372.90
(269.65)
9.17
559.35
11.79
1.18
1.24
509.69
594.96
1.68
18.84
14.93
1.91
1.88
678.75
792.31
(2.87)
24.52
15.93
2.59
2.60
1,103.03
1,128.19
A s ia / P a c if ic
14
A S51 Index
6,373.50
5,650.90
116.09
1.91
17.95
15.89
2.08
2.05
1,850.15
1,336.00
15
A S30 Index
6,481.30
5,715.40
132.04
2.14
18.90
15.96
2.00
1.96
2,007.10
1,449.33
16
SH SZ 300 Index
4,403.34
3,191.40
(627.27)
(15.56)
16.47
11.65
2.05
2.08
27,078.15
3,929.89
17
SH A SH R Index
3,757.20
2,769.10
(539.75)
(15.58)
16.86
11.36
1.80
1.84
29,697.18
4,310.00
18
SZ A SH R Index
2,140.56
1,438.39
(491.79)
(24.76)
29.07
16.45
3.12
3.10
18,284.98
2,653.73
19
H SI Index
33,484.08
26,219.56
(2,203.48)
(7.36)
13.71
11.34
1.39
1.41
17,998.93
2,303.51
20
H SC EI Index
13,962.53
10,196.71
(770.33)
(6.58)
9.18
8.21
1.05
1.10
11,483.91
1,469.71
21
SEN SEX Index
38,989.65
31,081.83
2,267.34
6.66
24.56
19.47
3.12
2.96
66,022.16
909.58
22
N IF T Y Index
11,760.20
9,687.55
446.85
4.24
23.85
18.98
3.12
2.94
80,771.30
1,112.78
6,693.47
5,557.56
(426.44)
(6.71)
24.38
15.51
2.58
2.54
6,707,832.32
450.31
1,132.92
871.91
(141.17)
(13.08)
21.16
16.14
3.39
3.35
4,274,291.97
286.94
23
J C I Index
24
LQ 45 Index
25
KSE100 Index
47,144.12
37,736.73
380.32
0.94
8.99
8.51
1.46
1.42
7,191.90
57.92
26
N KY Index
24,129.34
20,285.06
1,031.80
4.53
19.37
16.68
1.89
1.97
403,437.73
3,556.40
27
N EY Index
376.09
323.31
0.97
0.27
16.06
12.67
1.38
1.33
455,241.12
4,013.06
28
T P X Index
1,911.31
1,645.16
(17.45)
(0.96)
16.34
13.92
1.41
1.46
676,759.23
5,965.79
29
F B M KLC I Index
1,896.03
1,657.78
1.83
0.10
16.69
17.38
1.67
1.65
1,120.79
270.94
30
N Z SE Index
1,652.90
1,424.15
114.52
7.58
19.27
21.67
2.03
2.02
133.62
88.52
31
P C O M P Index
9,078.37
6,923.67
(1,237.83)
(14.46)
22.98
16.98
2.51
2.37
9,215.41
170.49
32
F SST I Index
3,641.65
3,102.73
(166.66)
(4.90)
11.07
13.14
1.22
1.24
559.82
409.61
33
KO SP I Index
2,607.10
2,218.09
(112.06)
(4.54)
12.69
9.41
1.05
1.07
1,523,409.41
1,367.33
34
T WSE Index
11,270.18
10,189.04
391.33
3.68
15.55
14.21
1.75
1.76
32,695.83
1,071.50
35
SET Index
1,852.51
1,584.68
(0.76)
(0.04)
18.90
16.30
2.08
2.12
17,678.20
545.59
36
SET 50 Index
1,223.67
1,043.32
23.40
2.06
17.52
16.06
2.26
2.30
12,176.86
375.81
37
VN IN D EX Index
1,211.34
795.05
31.13
3.16
19.00
17.35
2.81
2.90
3,248,510.46
139.18
Source: Bloomberg, Sinarmas Investment Research
w w w .sina r m a sse k ur it a s.co.id
Se e im por t a n t discla im e r a t t he e nd of t his r e por t
4
LQ4 5
L Q 4 5 In d e x
5 2 -W E E K
L Q 4 5 In d e x
C H A N G E Y TD
P E R (x )
P B V (x )
2 7 -S e p -1 8
H IG H
LOW
P O IN T
%
2017
2018E
2017
2018E
M A R K ET C A P
(B n )
1
A D H I IJ
1 ,3 9 0
2 ,5 1 0
1 ,3 2 0
(4 9 5 )
(2 6 . 2 6 )
1 3 .0 2
6 .1 5
1 .1 5
0 .7 6
4 ,9 4 9 .5 8
2
A D R O IJ
1 ,8 2 5
2 ,6 5 0
1 ,5 7 5
(3 5 )
(1 . 8 8 )
9 .0 6
8 .1 7
1 .2 6
1 .0 5
5 8 ,3 7 4 .3 8
3
A K R A IJ
3 ,6 4 0
8 ,0 2 5
3 ,2 2 0
(2 , 7 1 0 )
(4 2 . 6 8 )
2 8 .1 1
1 3 .5 6
3 .3 7
1 .7 1
1 4 ,6 1 3 .4 9
4
A N TM IJ
835
1 ,0 1 5
600
2 7 .0 4
0 .8 1
1 .0 8
2 0 ,0 6 5 .6 9
5
A S II IJ
7 ,3 7 5
8 ,7 5 0
6 ,1 0 0
1 7 .8 3
1 4 .1 6
2 .7 2
2 .1 8
2 9 8 ,5 6 6 .2 0
210
3 3 .6 0
(9 2 5 )
(1 1 . 1 4 )
-
6
B B C A IJ
2 4 ,0 0 0
2 5 ,4 7 5
1 9 ,6 5 0
2 ,1 0 0
9 .5 9
2 3 .1 7
2 2 .9 1
4 .1 1
3 .9 3
5 9 1 ,7 2 0 .2 2
7
B B N I IJ
7 ,3 5 0
1 0 ,1 7 5
6 ,7 5 0
(2 , 5 5 0 )
(2 5 . 7 6 )
1 3 .5 6
8 .9 2
1 .8 7
1 .2 7
1 3 7 ,0 6 7 .6 2
8
B B R I IJ
3 ,0 7 0
3 ,9 2 0
2 ,7 2 0
(5 7 0 )
(1 5 . 6 6 )
1 5 .3 4
1 1 .6 5
2 .6 7
2 .0 3
3 7 8 ,6 7 1 .6 4
9
B B TN IJ
2 ,6 5 0
3 ,8 9 0
2 ,1 1 0
(9 2 0 )
(2 5 . 7 7 )
1 2 .4 9
8 .2 4
1 .7 5
1 .1 3
2 8 ,0 6 3 .5 0
10
B J B R IJ
2 ,0 5 0
2 ,7 5 0
1 ,7 9 5
(3 5 0 )
(1 4 . 5 8 )
1 9 .2 0
1 3 .1 3
2 .3 1
1 .9 0
1 9 ,8 7 7 .4 0
11
B M R I IJ
6 ,6 2 5
9 ,0 5 0
6 ,2 0 0
(1 , 3 7 5 )
(1 7 . 1 9 )
1 8 .0 9
1 2 .1 7
2 .2 4
1 .7 1
3 0 9 ,1 6 6 .6 7
12
B M TR IJ
410
755
378
(1 8 0 )
(3 0 . 5 1 )
0 .8 8
-
13
B R P T IJ
1 ,8 4 0
2 ,7 2 0
1 ,5 1 0
(4 2 0 )
(1 8 . 5 8 )
3 0 .0 0
1 7 .6 5
2 .1 6
1 .2 2
3 2 ,7 3 6 .5 2
14
B S D E IJ
1 ,1 5 5
1 ,9 6 5
1 ,0 8 0
(5 4 5 )
(3 2 . 0 6 )
6 .6 1
8 .3 9
1 .2 9
0 .7 9
2 2 ,2 2 9 .9 3
15
B U M I IJ
214
356
1 4 ,0 1 1 .7 3
16
EX C L IJ
17
G G R M IJ
7 5 ,0 0 0
18
H M S P IJ
19
IC B P IJ
20
IN C O IJ
-
-
5 ,8 2 1 .4 3
166
(5 6 )
(2 0 . 7 4 )
2 .5 7
2 .3 9
-
-
1 ,7 1 0
(1 4 0 )
(4 . 7 3 )
8 5 .1 6
7 3 .2 1
1 .4 6
1 .3 7
3 0 ,1 4 0 .0 5
8 6 ,4 0 0
6 1 ,9 2 5
(8 , 8 0 0 )
(1 0 . 5 0 )
2 0 .8 0
1 7 .1 0
3 .8 2
3 .1 3
1 4 4 ,3 0 6 .6 0
3 ,8 4 0
5 ,5 5 0
3 ,2 3 0
(8 9 0 )
(1 8 . 8 2 )
4 3 .5 4
3 3 .9 3
1 6 .1 3
1 2 .6 9
4 4 6 ,6 6 1 .4 2
8 ,8 2 5
9 ,2 7 5
7 ,9 0 0
(7 5 )
(0 . 8 4 )
2 7 .3 1
2 4 .4 9
5 .3 1
4 .7 4
1 0 2 ,9 1 6 .3 4
3 ,7 0 0
4 ,7 2 0
2 ,5 1 0
3 1 .0 5
1 .1 6
1 .2 9
3 6 ,7 6 4 .4 5
2 ,8 2 0
810
2 8 .0 3
-
21
IN D F IJ
5 ,9 7 5
8 ,6 7 5
5 ,8 5 0
(1 , 6 5 0 )
(2 1 . 6 4 )
1 6 .1 8
1 1 .9 4
2 .1 5
1 .5 4
5 2 ,4 6 3 .0 5
22
IN D Y IJ
2 ,7 4 0
4 ,6 3 0
1 ,8 3 0
(3 2 0 )
(1 0 . 4 6 )
3 .5 0
4 .8 4
1 .2 7
0 .9 7
1 4 ,2 7 5 .9 3
23
IN TP IJ
1 7 ,8 5 0
2 3 ,9 5 0
1 2 ,5 0 0
(4 , 1 0 0 )
(1 8 . 6 8 )
4 3 .4 5
4 7 .9 8
3 .2 9
2 .6 8
6 5 ,7 0 9 .9 9
24
J S M R IJ
4 ,4 7 0
6 ,7 7 5
3 ,9 2 0
(1 , 9 3 0 )
(3 0 . 1 6 )
2 1 .1 1
1 6 .7 9
3 .0 8
1 .9 4
3 2 ,4 4 2 .6 8
25
K L B F IJ
1 ,3 5 5
1 ,7 8 5
1 ,1 5 5
(3 3 5 )
(1 9 . 8 2 )
3 2 .9 6
2 5 .6 6
5 .9 6
4 .3 6
6 3 ,5 1 5 .7 9
26
L P K R IJ
340
745
314
(1 4 8 )
(3 0 . 3 3 )
1 8 .0 9
9 .9 0
0 .4 9
0 .3 6
7 ,8 4 9 .6 4
27
L P P F IJ
6 ,9 0 0
1 1 ,9 7 5
5 ,5 2 5
(3 , 1 0 0 )
(3 1 . 0 0 )
1 5 .2 9
1 0 .1 4
1 2 .5 3
5 .4 7
2 0 ,1 3 3 .6 3
28
M N C N IJ
820
1 ,6 9 0
805
(4 6 5 )
(3 6 . 1 9 )
1 1 .7 8
7 .5 0
1 .8 6
1 .1 3
1 1 ,7 0 6 .4 0
29
M YR X IJ
128
198
101
18
1 6 .3 6
-
-
1 1 ,0 9 8 .0 1
30
P G A S IJ
2 ,1 8 0
2 ,8 6 0
1 ,3 6 5
430
2 4 .5 7
2 0 .7 7
1 4 .6 4
0 .9 9
1 .1 1
5 2 ,8 4 6 .4 9
31
P TB A IJ
4 ,1 6 0
4 ,9 4 0
1 ,8 1 0
1 ,7 0 0
6 9 .1 1
5 .7 9
9 .0 0
1 .9 1
2 .7 6
4 7 ,9 2 5 .9 4
1 ,5 3 5
3 ,2 8 0
1 ,4 6 5
(1 , 1 0 5 )
(4 1 . 8 6 )
1 1 .2 6
5 .5 1
1 .4 3
0 .7 3
9 ,5 1 6 .8 4
500
725
490
(1 8 5 )
(2 7 . 0 1 )
1 7 .6 2
1 0 .9 6
3 .2 0
1 .9 8
2 4 ,0 7 9 .8 0
(2 5 . 0 0 )
2 7 .2 4
1 6 .6 2
9 .3 0
5 .3 2
2 7 ,1 9 6 .1 8
2 8 .0 1
2 .0 3
1 .8 5
5 5 ,9 0 4 .5 8
1 .1 8
-
-
-
32
P TP P IJ
33
P W O N IJ
34
S C M A IJ
1 ,8 6 0
2 ,9 8 0
1 ,7 6 5
(6 2 0 )
35
S M G R IJ
9 ,4 2 5
1 1 ,7 7 5
6 ,5 0 0
(4 7 5 )
(4 . 8 0 )
2 9 .1 4
36
S R IL IJ
344
414
302
(3 6 )
(9 . 4 7 )
7 .2 6
37
S S M S IJ
1 ,2 1 0
1 ,5 5 0
1 ,0 0 5
(2 9 0 )
(1 9 . 3 3 )
1 7 .9 2
1 3 .5 2
3 .5 4
2 .5 3
1 1 ,5 2 5 .2 5
38
TL K M IJ
3 ,5 8 0
4 ,7 0 7
3 ,2 5 0
(8 1 9 )
(1 8 . 6 2 )
1 9 .6 8
1 6 .6 9
4 .7 0
3 .5 2
3 5 4 ,6 4 2 .7 4
39
TP IA IJ
4 ,8 8 0
6 ,6 7 5
4 ,6 4 0
(1 , 1 2 0 )
(1 8 . 6 7 )
2 3 .8 1
2 7 .3 0
4 .7 4
3 .3 0
8 7 ,0 2 7 .5 8
40
TR A M IJ
216
432
122
-
-
1 0 ,7 2 0 .8 8
41
U N TR IJ
3 2 ,1 7 5
4 0 ,5 0 0
3 0 ,4 2 5
(3 , 2 2 5 )
(9 . 1 1 )
1 7 .8 4
1 1 .7 0
2 .9 1
2 .3 0
1 2 0 ,0 1 7 .1 0
42
U N V R IJ
4 7 ,1 5 0
5 8 ,1 0 0
4 0 ,4 0 0
(8 , 7 5 0 )
(1 5 . 6 5 )
6 0 .8 9
4 6 .7 6
8 2 .4 4
5 9 .3 8
3 5 9 ,7 5 4 .5 0
43
W IK A IJ
1 ,3 6 0
2 ,1 9 0
1 ,2 1 0
(1 9 0 )
(1 2 . 2 6 )
1 1 .5 5
8 .2 2
1 .1 0
0 .8 6
1 2 ,1 9 9 .1 3
44
W S B P IJ
356
510
336
(5 2 )
(1 2 . 7 5 )
1 0 .5 6
7 .5 2
1 .4 7
1 .0 3
9 ,3 8 4 .5 7
W S K T IJ
1 ,6 9 5
3 ,1 5 0
1 ,6 8 0
(5 1 5 )
(2 3 . 3 0 )
7 .3 8
5 .3 2
2 .1 4
1 .3 2
2 3 ,0 0 7 .7 6
45
18
9 .0 9
-
-
-
7 ,0 3 5 .5 5
Source: Bloomberg, Sinarmas Investment Research
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Se e im por t a n t discla im e r a t t he e nd of t his r e por t
5
M a cr o da t a
S e c t o rs
D e s c ript io n
1- D a y ( %)
5 - D a ys ( %)
1- M o nt h ( %)
Y T D ( %)
P ro perty
0.54
(0.62)
(7.77)
(15.38)
B asic Industry
1.40
(0.29)
(2.75)
17.28
Trade
0.60
(0.48)
(3.64)
(11.24)
Finance
0.31
(0.15)
(3.58)
(6.54)
M iscellaneo us Industry
0.37
(1.35)
0.08
(9.11)
Co nsumer
2.20
0.76
3.43
(12.76)
Infrastructure
A griculture
M ining
0.88
(0.18)
(1.90)
(13.18)
(0.27)
(1.08)
(2.38)
(3.05)
1.08
1.17
(2.37)
22.89
A ug- 18
J ul- 18
E c o no m ic Indic a t o rs
E c o no m ic P a ra m e t e rs
Inflatio n YTD (in %)
2.13
3.61
Inflatio n Yo Y (in %)
3.20
3.18
-0.05
0.28
117.90
118.31
Inflatio n M o M (in %)
Fo reign Reserves (in USD bn)
F OR EX
S po t R a t e
USD/IDR
1- D a y ( %) 1- M o nt h ( %)
Y T D ( %)
14,946.00
-
(2.14)
(9.31)
USD/CNY
6.89
(0.17)
(1.08)
(5.57)
USD/EUR
0.86
(0.02)
0.43
3.10
USD/JP Y
113.47
(0.08)
(2.01)
(0.69)
USD/SGD
1.37
0.01
(0.29)
(2.33)
USD/A UD
1.39
(0.09)
1.73
8.21
USD/GB P
0.76
(0.03)
(1.58)
3.28
Le nding a nd D e po s it R a t e s
( in %)
JIB OR (in IDR)
7.40
LIB OR (in GB P )
1.06
SIB OR ( in USD)
1.46
Indo nesia 5-Year Go vernment B o nds Yield
8.18
Indo nesia 10-Year Go vernment B o nds Yield
8.18
Indo nesia 15-Year Go vernment B o nds Yield
8.38
Source: Bloomberg, Sinarmas Investment Research
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6
St a t e Budge t
I NDI CAT OR
2016
2017
2018
LKPP
APBNP
RAPBN
GDP Gr owth ( % , YoY)
5,0%
5,2%
5,4%
Ex change r ate ( USD/ I DR)
13307
13300
13500
I nflation ( % , YoY)
3%
4,3%
3,5%
3 Months SPN ( % )
5,7%
5,2%
5,3%
40
45
48
I ndonesian Cr ude Oil ( USD/ bar r el)
Oil Lifting ( thousands bar r el/ day )
829
815
800
Gas Lifting ( thousands, BOE/ day )
1.18
1.15
1.2
Total State Budget ( in I DR tr illion)
1556
1714
1878
Upcom ing I PO
Co m p a n y
I PO
Pr ice
( Rp )
Bu sin e ss
I ssu e d
Sh a r e s
( Mn )
Madusar i Mur ni I ndah
Tr im itr a Pr oper tindo Tbk
Of f e r in g Da t e ( 2 0 1 7 )
List in g
495.9
23/ 08/ 2018 - 27/ 08/ 2018
30- Aug- 18
773.3
10/ 07/ 2018 - 14/ 08/ 2018
23- Aug- 18
1981.0
25/ 07/ 2018 - 31/ 07/ 2018
07- Aug- 18
Mahk ota Gr oup Tbk
703.7
03/ 07/ 2018 - 09/ 07/ 2018
12- Jul- 18
NFC I ndonesia Tbk
166.7
03/ 07/ 2018 - 05/ 07/ 2018
12- Jul- 18
MD Pictur es Tbk
Un d e r w r it e r
D ivide nd
St o ck
D PS ( Rp )
Cu m D a t e
Ex D a t e
Re co r d in g
Pa y m e n t
XC I D
1.46
St a t u s
01/ 08/ 2018
02/ 08/ 2018
06/ 08/ 2018
21/ 08/ 2018
AKRA
120
11/ 07/ 2018
12/ 07/ 2018
16/ 07/ 2018
03/ 08/ 2018
XI SB
1.99
11/ 07/ 2018
12/ 07/ 2018
16/ 07/ 2018
18/ 07/ 2018
BMAS
8
06/ 07/ 2018
09/ 07/ 2018
11/ 07/ 2018
02/ 08/ 2018
C ASS
15.65
06/ 07/ 2018
09/ 07/ 2018
11/ 07/ 2018
02/ 08/ 2018
I NAI
30
06/ 07/ 2018
09/ 07/ 2018
11/ 07/ 2018
02/ 08/ 2018
ULTJ
10
06/ 07/ 2018
09/ 07/ 2018
11/ 07/ 2018
01/ 08/ 2018
BATA
5.55
05/ 07/ 2018
06/ 07/ 2018
10/ 07/ 2018
27/ 07/ 2018
C SAP
4
05/ 07/ 2018
06/ 07/ 2018
10/ 07/ 2018
01/ 08/ 2018
Right s I ssu e
T ick e r
MAYA
Ra t io
1
:
6
Pr ice ( Rp )
Cu m Da t e
EX Da t e
T r a d in g
2,200
24/ 09/ 2018
25/ 09/ 2018
01/ 10/ 2018 - 05/ 10/ 2018
BBKP
3
:
10
570
06/ 07/ 2018
09/ 07/ 2018
13/ 07/ 2018 - 25/ 07/ 2018
PEGE
3
:
1
100
06/ 07/ 2018
09/ 07/ 2018
13/ 07/ 2018 - 19/ 07/ 2018
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See important disclaimer at the end of this report
Pick s of Th e D a y
ROTI - Daily 9/27/2018 4:05:00 PM Open 1050, Hi 1075, Lo 1030, Clos e 1075 (2.4%) MA(Clos e,50) = 969.10
1,350
1,300
1,250
1,200
1,150
1115
1105
1095
1,100
1,075
1070
1060
1050
1,050
1035
1015
1,000
995
969.1
950
Dec
2018
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
ROTI - MACD(12,26) = 26.41, Signal(12,26,9) = 19.52
26.4108
20
19.5201
0
-20
-40
Dec
2018
Feb
ROTI - Stoch %K(15,3) = 88.17, Stoch %D(15,3,3) = 87.06
Mar
Apr
May
Jun
Jul
Aug
Sep
88.172
80
87.0609
20
ROTI - RSI(15) = 69.53
69.5334
70
ROTI : TRAD I N G BUY
ROTI berhasil break Resist ance Trendline 1.070, ROTI berpeluang m elanj ut kan penguatan dengan m enguj i Resist ance 1.095,
1.105 dan 1.115. Nam un, j ika ROTI gagal break Resist ance 1.095, m aka ROTI akan m encoba Support 1.060, 1.050 dan 1.035.
ROTI dilihat I ndikat or MACD m engindikasikan pola Upt rend dan St oc osc m engindikasikan pola Reversal.
Ent ry point
Exit point
St op Loss
: 1.070 — 1.075
: 1.095 ( 2.3% ) , 1.115 ( 4.2% )
: 1.050 ( - 1.9% )
SCMA - Daily 9/27/2018 4:08:00 PM Open 1820, Hi 1870, Lo 1820, Clos e 1860 (2.2%) MA(Clos e,50) = 1,986.30
3,000
2,900
2,800
2,700
2,600
2,500
2,400
2,300
2,200
2,100
2080
2030
2000
1965
1920
1880
1850
1795
1765
Dec
2018
Feb
SCMA - MACD(12,26) = -49.40, Signal(12,26,9) = -50.32
Mar
Apr
May
Jun
Jul
Aug
2,000
1,986.3
1,900
1,860
1,800
Sep
100
50
Dec
2018
Feb
SCMA - Stoch %K(15,3) = 28.23, Stoch %D(15,3,3) = 22.55
Mar
Apr
May
Jun
Jul
Aug
Sep
0
-49.4015
-50
-50.3234
-100
80
28.2261
20
22.5521
SCMA - RSI(15) = 44.68
SCM A : BUY ON W EAKN ESS
SCM A belum berhasil break Resist ance Trendline 1.880, SCM A berpeluang m enguj i Support 1.850, 1.820 dan 1.795. Nam un, j ika
SCM A berhasil break Resist ance 1.880, m aka SCM A akan m encoba Resist ance 1.900, 1.920 dan 1.965. SCM A dilihat I ndikator
St oc osc m engindikasikan pola Reversal.
Ent ry point
Exit point
St op Loss
: 1.850 — 1.860
: 1.900 ( 2.7% ) , 1.920 ( 3.8% )
: 1.820 ( - 1.6% )
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Pick s of Th e D a y
GGRM - Daily 9/27/2018 4:05:00 PM Open 73800, Hi 75000, Lo 73500, Clos e 75000 (3.1%) MA(Clos e,50) = 73,374.00
86,000
84,000
82,000
80,000
78,000
77500
77000
76550
75750
75250
74500
73625
72500
72025
76,000
75,000
74,000
73,374
72,000
71000
69925
70,000
68,000
66,000
Dec
2018
Feb
Mar
GGRM - MACD(12,26) = 255.16, Signal(12,26,9) = 228.20
Apr
May
Jun
Jul
Aug
Sep
2,000
255.161 0
228.197
-2,000
Dec
2018
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
GGRM - Stoch %K(15,3) = 68.65, Stoch %D(15,3,3) = 64.59
80
68.6503
64.5862
20
70
GGRM - RSI(15) = 54.14
GGRM : TRAD I N G BUY
GGRM m encoba break Resistance Trendline 75.250 . Jika berhasil break 75.250, m aka GGRM berpeluang m elanj ut kan penguat an
m enguj i Resist ance 75.750 dan 76.550. Nam un, j ika GGRM gagal break Resist ance Trendline 75.250, m aka GGRM akan m encoba
Support 74.500, 74.000 dan 73.500. GGRM dilihat I ndikator MACD dan St oc osc m engindikasikan pola Golden Cross.
Ent ry point
Exit point
St op Loss
: 75.000 — 75.250
: 75.750 ( 1.0% ) , 76.550 ( 2.1% )
: 74.500 ( - 0.7% )
ANTM - Daily 9/27/2018 4:13:00 PM Open 805, Hi 845, Lo 805, Clos e 835 (3.7%) MA(Clos e,50) = 855.80
1,000
950
915
900
900
880
860
855.8
840
835
820
805
795
780
765
755
850
800
750
735
700
650
600
Dec
2018
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
ANTM - MACD(12,26) = -11.87, Signal(12,26,9) = -17.30
Dec
2018
Feb
ANTM - Stoch %K(15,3) = 72.22, Stoch %D(15,3,3) = 61.17
60
Mar
Apr
May
Jun
Jul
Aug
Sep
40
20
0
-11.8681
-20
-17.3042
80
72.2222
61.1744
20
ANTM - RSI(15) = 52.66
AN TM : TRAD I N G BUY
AN TM berhasil break Resist ance Trendline 845. AN TM berpeluang m elanj ut kan penguat an dengan m enguj i Resist ance 860, 880
dan 900. Nam un, j ika AN TM gagal break Resist ance 860, m aka AN TM akan m encoba Support 830, 820 dan 805. AN TM dilihat
I ndikator St oc osc dan MACD m engindikasikan pola Upt rend.
Ent ry point
Exit point
St op Loss
: 835 — 840
: 860 ( 3.0% ) , 880 ( 5.4% )
: 820 ( - 1.8% )
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