C lo sing 1-D ay C hg () YT D C hg ()

  6.87 Go ld (USD/o unce) 1,231.11 8:03:01 A M (5.50) Nickel (USD/mn to ns) 12,160.00 8:03:02 A M (4.70) Tins (USD/mn to ns) 19,270.00 8:03:00 A M (3.77) CP O (M YR/mn to ns) 2,071.00 10/25/2018 (15.26) Rubber (JP Y/kg) 146.00 7:36:55 A M (28.92) Wheat (USD/bushel) 491.75 7:52:56 A M

   Secara teknikal indeks hari Jumat (26/10), IHSG diprediksi bergerak di kisaran 5669-5781.

  15.16 Co rn (USD/bushel) 362.25 7:52:49 A M

  3.28 C o m m o dit ie s

  O t he r Indic e s C lo s ing 1- D a y C hg ( %) Y T D C hg ( %) C urre nc y S po t R a t e R a t e ( ID R ) 1- D a y C hg ( %) Y T D C hg ( %) P ric e La s t T ra ns a c t io n Y T D C hg ( %) Today’s Market:  IHSG diperkirakan bergerak mixed. Bursa AS ditutup men- guat pada perdagangan Kamis (25/10). Harga crude oil stabil di level USD 66.85 per barrel. Harga batubara stabil di level USD 109.75 per Mt. Rupiah bergerak melemah terhadap Dollar AS ke level Rp 15.210. 10Yr Government Bonds Yield naik ke level 8.62%.

   Sehubungan dengan emiten, Bank Central Asia (BBCA) hingga kuartal III-2018 membukukan laba bersih Rp 18,50 triliun, tumbuh 9,9% dibandingkan periode sama 2017 sebesar Rp 16,84 triliun. Perolehan laba BBCA di- topang pendapatan operasional yang terdiri atas pendapa- tan bunga bersih dan pendapatan operasional lainnya yang meningkat 10,1% menjadi Rp 45,9 triliun.

   Sehubungan dengan emiten, BBTN hingga kuartal III-2018 berhasil membukukan laba bersih sebesar Rp 2,23 triliun, tumbuh 11,51% YoY. Pendapatan bunga bersih sebesar 16,58 triliun atau naik 14.9% YoY.

   Sehubungan dengan emiten, Adaro Energy (ADRO) men- catatkan produksi batubara hingga periode sembilan bulan pertama tahun ini mencapai 38,98 juta ton (-1% YoY). Khusus kuartal ketiga pertumbuhan produksi batubara naik 5% menjadi 14,93 juta ton.

   Sehubungan dengan emiten, NFC Indonesia (NFCX) men- catatkan penjualan sampai dengan kuartal III-2018 sebe- sar RP 706,61 miliar (+1504,5% YoY) dengan laba bersih sebesar Rp 14,42 miliar (+18.090% YoY).

  Friday, October 26, 2018 Source: Bloomberg, Sinarmas Investment Research

  8.88 Natural Gas (USD/mmB tu) 3.16 7:51:47 A M

  See pg. 6-8 for Technical Corner www.sinarmassekuritas.co.id See important disclaimer at the end of this report IHSG naik sebanyak 45.6 poin (0.8%) ke level 5754.97.

  Sementara LQ45 naik sebanyak 10.9 poin (1.23%) ke level 902.06. Foreign net buy sebesar Rp 114.06 miliar.

  5,000 10,000 15,000 20,000

  3,000 4,000 5,000 6,000 7,000

  Volume JCI Index

DOW JONES 24,984.55

HA NG SENG 24,994.46 (1.01) (16.46)

USD/IDR 15,210.00

  1 ID X S t a t is t ic s C lo s ing

  JCI 5,754.97 Transactio n Value Regular M arket (IDR tn) 5.339 Transactio n Vo lume Regular M arket (mn shares) 5,159 Fo reign Net B uy (Sell) (IDR bn) 114 Fo reign Net B uy (Sell) (4.08) To tal M arket Capitalizatio n (IDR tn) 6,526.75 LQ45 902.06 1.23 (16.43) EIDO

  2.95

  21.59 3.40 (24.06)

  IDX

  19.36 2.92 (22.06)

  1.63

  1.07 S&P 500 2,705.57

  1.86

  1.20 NA SDA Q 7,318.34

  6.01 FTSE 7,004.10 0.59 (8.89) NIKKEI 21,268.73 (3.72) (6.57)

  6.58 Crude Oil (USD/barrel) 66.85 7:53:02 A M

  KLSE 1,686.59 (0.20) (6.13)

  0.00

  10.75 EUR/IDR 17,266.07 (0.40)

  6.07 JP Y/IDR 135.12 (0.51)

  10.89 SGD/IDR 10,992.63 (0.16)

  7.72 A UD/IDR 10,737.94 (0.07)

  1.48 GB P /IDR 19,588.25

  0.00

  10.64 Co al (USD/mn to ns) 109.75 10/25/2018

  Daily Corporate and Industry News

Stok minyak sawit mentah (crude palm oil/CPO) di pasar domestik saat ini berlimpah, sementara serapan program

percampuran 20% minyak sawit ke dalam solar (B20) belum sesuai harapan. Hal tersebut memicu kejatuhan harga

CPO. Untuk mencegah kemerosotan harga lebih dalam, kalangan industri sawit mendesak pemerintah menurunkan

pungutan ekspor (PE), khususnya untuk produk CPO guna mendorong ekspor komoditas perkebunan tersebut.

Source: Investor Daily

Industri mebel dan kerajinan mengincar kontrak ekspor senilai US$ 200 juta atau setara Rp 3,04 triliun pada

pameran dagang terbesar di Indonesia, Trade Expo Indonesia (TEI) yang berlangsung di ICE BSD, Tangerang, Ban-

ten, 24-28 Oktober 2018. Source: Investor Daily

Sedikitnya sembilan pabrik gula (PG) baru bakal beroperasi pada 2020. Kesembilan pabrik itu telah memulai proses

investasi dan konstruksi sejak 2017 dengan lokasi tersebar di Blitar (Jawa Timur), Indramayu (Jawa Barat), OKI

(Sumatera Selatan), Sumba Timur (NTT), dan Bombana (Sulawesi Tenggara). Kapasitas masing-masing PG sebesar

10 ribu ton tebu per hari (ton cane per day/TCD). Source: Investor Daily

Pertama kalinya dalam sejarah, tingkat kemiskinan di Indonesia turun ke bawah 10%. Berdasarkan data Badan

Pusat Statistik (BPS), tingkat kemiskinan Maret 2018 mencapai 9,82%, setelah pada tahun-tahun sebelumnya betah

di atas 10%. Source: Kontan

Badan Anggaran (Banggar) DPR dan Kementerian Keuangan (Kemenkeu) menyepakati alokasi Rp 3 triliun untuk Da-

na Kelurahan dalam RAPBN 2019. Pada saat yang bersamaan juga disepakati alokasi Dana Transfer ke Daerah dan

Dana Desa (TKDD) untuk tahun depan sebesar Rp 826,77 triliun. Source: Investor Daily

Kementerian Keuangan (Kemenkeu) berencana untuk memperluas cakupan ekspor jasa yang dikenai tarif pajak per-

tambahan nilai (PPN) sebesar 0%. Kajian dan penyiapan regulasi terkait perluasan cakupan tarif PPN ekspor jasa

tersebut ditargetkan selesai paling lambat akhir tahun ini. Source: Investor Daily

NFC Indonesia (NFCX) mencatatkan penjualan sampai dengan kuartal III-2018 sebesar RP 706,61 miliar (+1504,5%

YoY) dengan laba bersih sebesar Rp 14,42 miliar (+18.090% YoY). Source: IQPlus

Bank Permata (BNLI) mencatatkan pendapatan bunga bersih sebesar Rp 4,17 triliun (+2,96% YoY) dengan laba

yang didistribusikan ke pemilik entitas induk sebesar Rp 494,15 miliar (-30,15% YoY). Source: IQPlus

Bank Tabungan Negara (BBTN) hingga kuartal III-2018 berhasil membukukan laba bersih sebesar Rp 2,23 triliun,

tumbuh 11,51% dibandingkan dengan periode sama tahun sebelumnya sebesar Rp 2 triliun. Bank Tabungan Negara

juga mencatatkan pendapatan bunga bersih sebesar 16,58 triliun atau naik 14.9% yoy. Source: Investor Daily

Bank Central Asia (BBCA) hingga kuartal III-2018 membukukan laba bersih Rp 18,50 triliun, tumbuh 9,9%

dibandingkan periode sama 2017 sebesar Rp 16,84 triliun. Perolehan laba emiten yang melantai di Bursa Efek Indo-

nesia (BEI) dengan sandi saham BBCA itu antara lain ditopang pendapatan operasional yang terdiri atas pendapatan

bunga bersih dan pendapatan operasional lainnya yang meningkat 10,1% dari Rp 41,7 triliun menjadi Rp 45,9 tri-

liun. Source: Investor Daily

Adaro Energy (ADRO) mencatatkan produksi batubara hingga periode sembilan bulan pertama tahun ini mencapai

38,98 juta ton (-1% YoY). Khusus kuartal ketiga pertumbuhan produksi batubara naik 5% menjadi 14,93 juta ton.

Source: IQPlus

Adhi Karya (ADHI) beserta konsorsium nya menargetkan konstruksi tol solo-Yogyakarta-Kulonprogo akan dimulai

tahun 2019. Kontrak tersebut senilai Rp22,54 triliun dan ADHI menargetkan kepemilikan 40% dalam konsorsium

tersebut. Source: Bisnis Indonesia

Industri Jamu dan Farmasi Sido Muncul (SIDO) meresmikan pabrik cairan obat dalam (COD) sekaligus peluncuran

soft capsule di Ungaran, Semarang. Kapasitas produksi obat usai perluasan pabrik ini pun meningkat 2,5 kali lipat

dari 80 juta saset per bulan jadi 200 juta saset per bulan. Source: Kontan

Indonesia Kendaraan Terminal (IPCC) mencatatkan laba hingga kuartal III-2018 sebesar Rp 147 milyar, atau naik

37.1% yoy. Sejalan dengan pendapatan hingga kuartal III-2018 sebesar Rp 384 milyar atau naik 27,2% yoy.

Source: Bisnis Indonesia

  See important disclaimer at the end of this report www.sinarmassekuritas.co.id

  2

  3 World Equity Indices Source: Bloomberg, Sinarmas Investment Research www.sinarmassekuritas.co.id See important disclaimer at the end of this report WO R LD E Q UIT Y IN D IC E S N O T IC KE R

  19.40

  25 KSE100 Index 47,144.12 36,274.25 (839.57) (2.07)

  8.99

  8.14

  1.46 1.42 6,985.95

  52.35

  26 NKY Index 24,448.07 20,347.49 (1,496.21) (6.57)

  15.00

  15.61

  1.90 1.69 363,467.40 3,227.95

  27 NEY Index 376.09 320.28 (36.42) (10.19)

  16.05

  11.54

  1.38 1.25 408,291.12 3,626.03

  28 TP X Index 1,911.31 1,597.51 (216.64) (11.92)

  16.34

  3.39 3.26 4,109,548.21 270.72

  21.16

  1.41 1.26 602,860.62 5,354.00

  3.12 2.90 60,467.09 825.55

  20 HSCEI Index 13,962.53 9,958.17 (1,532.74) (13.09)

  9.18

  7.73

  1.05 0.98 10,456.67 1,333.57

  21 SENSEX Index 38,989.65 32,483.84 (366.74) (1.08)

  24.56

  18.26

  22 NIFTY Index 11,760.20 9,951.90 (405.80) (3.85)

  24 LQ45 Index 1,132.92 871.05 (177.32) (16.43)

  23.83

  17.60

  3.12 2.93 74,213.92 1,013.23

  23 JCI Index 6,693.47 5,557.56 (600.69) (9.45)

  24.63

  15.01

  2.58 2.46 6,526,746.86 429.96

  12.46

  29 FB M KLCI Index 1,896.03 1,657.78 (110.22) (6.13)

  10.37

  2.08 1.94 16,589.96 503.87

  15.55

  12.43

  1.75 1.58 27,033.52 873.66

  35 SET Index 1,852.51 1,584.68 (109.38) (6.24)

  18.90

  15.21

  36 SET50 Index 1,223.67 1,043.32 (51.64) (4.55)

  1.05 0.94 1,335,643.98 1,176.36

  17.52

  14.98

  2.26 2.12 11,388.13 345.88

  37 VNINDEX Index 1,211.34 823.92 (74.07) (7.53)

  18.98

  15.59

  2.81 2.45 2,924,704.73 125.25

  34 TWSE Index 11,270.18 9,475.61 (1,122.07) (10.54)

  8.42

  16.68

  31 P COM P Index 9,078.37 6,790.58 (1,591.58) (18.60)

  16.32

  1.67 1.57 1,055.27 253.09

  30 NZSE Index 1,652.90 1,433.28 (9.06) (0.60)

  19.27

  19.96

  2.03 1.87 123.75

  80.66

  22.98

  12.81

  16.26

  2.51 2.43 8,766.90 163.26

  32 FSSTI Index 3,641.65 2,984.47 (390.08) (11.46)

  11.08

  12.23

  1.22 1.13 520.90 377.22

  33 KOSP I Index 2,607.10 2,033.81 (404.19) (16.38)

  1.39 1.27 16,208.38 2,067.10

  13.71

  1 INDU Index 26,951.81 23,242.75 265.33

  1.67 1.55 2,727.34 3,101.53

  19.72

  15.78

  2.65 2.48 5,616.04 289.24

  6 SX5E Index 3,708.82 3,107.88 (339.56) (9.69)

  18.42

  13.10

  7 UKX Index 7,903.50 6,866.94 (683.67) (8.89)

  1.91 1.78 2,288.79 1,749.57

  23.27

  12.35

  1.97 1.83 1,927.44 2,471.55

  8 CA C Index 5,657.44 4,925.56 (280.26) (5.28)

  18.43

  13.38

  1.67 1.53 1,498.14 1,703.68

  5 M EXB OL Index 51,121.23 44,429.36 (3,078.71) (6.24)

  14.47

  19.20

  22.49

  1.07

  20.65

  15.72

  3.88 3.65 7,056.09 7,056.09

  2 SP X Index 2,940.91 2,532.69

  31.96

  1.20

  16.61

  19.81

  3.30 3.07 23,706.34 23,706.34

  3 CCM P Index 8,133.30 6,550.03 414.95

  6.01

  40.71

  21.45

  3.80 3.37 11,439.01 11,439.01

  4 SP TSX Index 16,586.46 14,785.78 (1,285.05) (7.93)

  9 DA X Index 13,596.89 11,078.37 (1,610.52) (12.47)

  12.35

  19 HSI Index 33,484.08 24,653.79 (4,924.69) (16.46)

  2.05 1.94 25,469.91 3,665.31

  18.90

  14.48

  2.00 1.80 1,836.29 1,299.73

  16 SHSZ300 Index 4,403.34 3,009.50 (836.55) (20.75)

  16.47

  10.96

  17 SHA SHR Index 3,757.20 2,564.94 (736.62) (21.27)

  2.08 1.89 1,695.19 1,199.85

  16.86

  10.62

  1.80 1.71 27,773.34 3,996.80

  18 SZA SHR Index 2,140.56 1,267.27 (634.85) (31.96)

  29.07

  15.02

  3.12 2.89 16,669.99 2,398.94

  15 A S30 Index 6,481.30 5,759.50 (407.78) (6.61)

  14.35

  1.86 1.73 1,046.25 1,189.80

  12 A EX Index 576.90 504.17 (31.42) (5.77)

  10 IB EX Index 10,643.40 8,639.70 (1,258.70) (12.53)

  14.99

  11.62

  1.47 1.39 547.06 622.11

  11 FTSEM IB Index 24,544.26 18,411.43 (3,038.02) (13.90) 794.78

  10.32

  1.18 1.08 448.85 510.43

  18.91

  17.95

  13.64

  1.91 1.78 627.46 713.55

  13 SM I Index 9,616.38 8,372.90 (675.47) (7.20)

  24.59

  15.31

  2.59 2.48 1,061.58 1,061.48

  14 A S51 Index 6,373.50 5,664.07 (401.06) (6.61)

  A m e ric a 2 0 17 2 0 18 E D o m a in C urre nc y US D LO W P O IN T % 2 0 17 2 0 18 E A s ia / P a c if ic 5 2 - WE E K C H A N G E Y T D P E R ( x) P B V ( x) M A R KE T C A P ( B n) E uro pe H IG H

  4 LQ45 Source: Bloomberg, Sinarmas Investment Research www.sinarmassekuritas.co.id See important disclaimer at the end of this report LQ45 Index HIGH LOW POINT % 2017 2018E 2017 2018E

  9.85

  8 7.27 - - - -

  30 PGAS IJ 2,250 2,860 1,505 500

  28.57

  20.77

  14.82

  0.99

  1.14

  31 PTBA IJ 4,490 4,940 2,135 2,030

  82.52

  5.79

  1.91

  1.19

  3.04

  32 PTPP IJ 1,445 3,280 1,430 (1,195) (45.27)

  11.26

  5.19

  1.43

  0.69

  33 PWON IJ 480 725 432 (205) (29.93)

  17.62

  10.61

  3.20

  29 MYRX IJ 118 198 101

  1.86

  34 SCMA IJ 1,620 2,980 1,590 (860) (34.68)

  4.24

  2.75

  24 JSMR IJ 4,200 6,775 3,920 (2,200) (34.38)

  21.11

  14.35

  3.08

  1.83

  25 KLBF IJ 1,315 1,785 1,155 (375) (22.19)

  32.96

  25.04

  5.96

  26 LPKR IJ 300 710 256 (188) (38.52)

  7.81

  18.09

  9.27

  0.49

  0.31

  27 LPPF IJ 4,700 11,975 4,350 (5,300) (53.00)

  15.29

  6.96

  12.53

  3.71

  28 MNCN IJ 835 1,690 700 (450) (35.02)

  11.78

  1.90

  27.24

  51.94

  1.10

  2.91

  2.29

  42 UNVR IJ 44,300 58,100 40,400 (11,600) (20.75)

  60.89

  43.60

  82.44

  55.42

  43 WIKA IJ 1,200 2,190 1,190 (350) (22.58)

  11.55

  7.19

  0.76

  17.84

  44 WSBP IJ 338 510 328 (70) (17.16)

  10.56

  7.33

  1.47

  0.98

  45 WSKT IJ 1,505 3,150 1,490 (705) (31.90)

  7.38

  4.43

  2.14

  1.08 LQ45 Index

  11.62

  41 UNTR IJ 32,050 40,500 30,775 (3,350) (9.46)

  15.29

  14.69

  9.30

  4.81

  35 SMGR IJ 8,950 11,775 6,500 (950) (9.60)

  29.14

  26.03

  2.03

  1.76

  36 SRIL IJ 346 398 302 (34) (8.95) 7.26 - 1.18 -

  37 SSMS IJ 1,315 1,545 1,005 (185) (12.33)

  17.92

  3.54

  40 TRAM IJ 189 432 139 (9) (4.55) - - - -

  2.75

  38 TLKM IJ 3,550 4,419 3,250 (849) (19.30)

  19.68

  16.65

  4.70

  3.50

  39 TPIA IJ 4,710 6,675 4,300 (1,290) (21.50)

  23.81

  28.21

  4.74

  3.13

  3.29

  43.45

  1 ADHI IJ 1,215 2,510 1,200 (670) (35.54)

  11.40

  21.89

  4.11

  3.76

  7 BBNI IJ 7,075 10,175 6,675 (2,825) (28.54)

  13.56

  8.56

  1.87

  1.22

  8 BBRI IJ 3,000 3,920 2,720 (640) (17.58)

  15.34

  2.67

  4.57

  1.99

  9 BBTN IJ 2,180 3,890 2,100 (1,390) (38.94)

  12.49

  6.97

  1.75

  0.93

  10 BJBR IJ 1,765 2,550 1,695 (635) (26.46)

  19.20

  11.61

  2.31

  23.17

  6 BBCA IJ 22,900 25,475 20,200 1,000

  11 BMRI IJ 6,475 9,050 6,175 (1,525) (19.06)

  28.11

  13.02

  5.45

  1.15

  0.65

  2 ADRO IJ 1,650 2,650 1,575 (210) (11.29)

  9.06

  7.25

  1.26

  0.94

  3 AKRA IJ 3,580 8,025 3,220 (2,770) (43.62)

  13.99

  2.21

  3.37

  1.70

  4 ANTM IJ 720 1,015 600

  95 15.20 -

  22.29

  0.81

  0.93

  5 ASII IJ 7,375 8,750 6,100 (925) (11.14)

  17.83

  14.06

  2.72

  1.66

  20.93

  23 INTP IJ 16,775 23,950 12,500 (5,175) (23.58)

  1.16

  33.71

  16.13

  12.65

  19 ICBP IJ 8,775 9,275 7,900 (125) (1.40)

  27.31

  24.23

  5.31

  4.71

  20 INCO IJ 3,030 4,720 2,570 140 4.84 -

  24.95

  1.04

  18 HMSP IJ 3,810 5,550 3,230 (920) (19.45)

  21 INDF IJ 5,800 8,500 5,500 (1,825) (23.93)

  16.18

  11.89

  2.15

  1.50

  22 INDY IJ 2,290 4,630 2,210 (770) (25.16)

  3.50

  3.97

  1.27

  0.79

  43.54

  3.10

  12.52

  8.35

  2.24

  1.67

  12 BMTR IJ 328 755 324 (262) (44.41) - - 0.88 -

  13 BRPT IJ 1,820 2,720 1,510 (440) (19.47)

  30.00

  19.98

  2.16

  1.19

  14 BSDE IJ 1,100 1,965 930 (600) (35.29)

  6.61

  1.29

  3.82

  0.76

  15 BUMI IJ 172 356 168 (98) (36.30)

  2.57 1.89 - -

  16 EXCL IJ 2,740 1,710 (220) (7.43)

  85.16

  71.13

  1.46

  1.33

  17 GGRM IJ 74,050 86,400 62,725 (9,750) (11.63)

  20.80

  16.95

  CHANGE YTD PER (x) PBV (x) 25-Oct-18 52-WEEK

  Macro data 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

  0.15 0.15 (2.00) (17.52) B asic Industry 1.60 (0.51) (6.06)

  8.65 Trade (0.07) (2.27) (4.21) (15.49) Finance 0.96 (1.77) (2.09) (8.78) M iscellaneo us Industry

  0.80

  3.92 0.89 (8.65) Co nsumer 1.21 (1.92) (0.02) (14.65) Infrastructure 0.45 (3.43) (0.67) (14.52) A griculture 0.52 (2.38) (2.02) (4.75) M ining 0.16 (2.18) (3.27)

  17.60 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 S e p- 18 A ug- 18

  Inflatio n YTD (in %)

  1.94

  3.61 Inflatio n Yo Y (in %)

  2.88

  3.20 Inflatio n M o M (in %)

• 0.18 -0.05 Fo reign Reserves (in USD bn)

  114.85 117.93

  F O R E X S po t R a t e 1- D a y ( %) 1- M o nt h ( %) Y T D ( %)

• USD/IDR 15,188.00 (1.78) (10.75) USD/CNY

  6.95 (0.07) (1.17) (6.36) USD/EUR

  0.88

  0.06

  3.26

  5.59 USD/JP Y 112.41

  0.01

  0.28

  0.25 USD/SGD 1.38 (0.05) (1.18) (3.31) USD/A UD

  1.41

  0.13

  2.65

  10.41 USD/GB P

  0.78

  0.00

  2.71

  5.40 Le nding a nd D e po s it R a t e s ( in %) JIB OR (in IDR)

  7.63 LIB OR (in GB P )

  1.06 SIB OR ( in USD)

  1.46 Indo nesia 5-Year Go vernment B o nds Yield

  8.46 Indo nesia 10-Year Go vernment B o nds Yield

  8.62 Indo nesia 15-Year Go vernment B o nds Yield

8.84 Source: Bloomberg, Sinarmas Investment Research

  See important disclaimer at the end of this report www.sinarmassekuritas.co.id

  5

  Te ch n ica l Cor n e r JCI : M I XED Last price : 5.754 Support : 5.669, 5.621 Resist ance : 5.781, 5.868

JCI pada hari ini kam i perkirakan akan bergerak M I XED , dengan Range 5.669 — 5.781. JCI , dilihat dari candle

m em bent uk pola Ham m er sem purna, yang m engindikasikan adanya peluang Trend Bullish, m eskipun kem arin

t elah break Support 5.669, akan t et api pada akhir session dit ut up m enguat ( 0.8% ) di posisi 5.754, JCI berpe-

luang m encoba break Resist ance 5.781.

  Ja k a r t a Com posit e I n de x ( JCI ) Su m m a r y of por t folio: Stock Recommendation Comment

  Candle m em bent uk pola Whit e Spinning Top, m asih berpeluang m enguj i Resist ance 5.775.

CPIN HOLD

  Candle m em bent uk pola Ham m er, indicat or Macd dan St oc Osc m engindi- kasikan pola Upt rend.

RALS BUY

  

MAIN HOLD Black Spinning Top, berpeluang mencoba Support 1.210 dan 1.185

PGAS REDUCE Pola candle m em bent uk pola Whit e Spinning Top, I ndikat or Macd dan St oc Osc pola Deat h Cross ^{Mar Apr May Jun Jul Aug Sep Oct 5,600 5,700 5,800 5,900 6,000 6,100 6,200 6,300 6,400 6,500 6,600 6,700 5868 5719 5921 5781 5621 5669 5557 COMPOSITE - Daily 10/25/2018 4:00:00 PM Open 5629.95, Hi 5754.96, Lo 5625.65, Clos e 5754.96 (0.8%) MA(Clos e,50) = 5,861.26 5,754.96 5,861.26 Mar Apr May Jun Jul Aug Sep Oct -100 -50 50 MACD(12,26) 100 COMPOSITE - = -26.33, Signal(12,26,9) = -24.75}

• ^{-26.3261 -24.7502}
^{20 80 COMPOSITE - Stoch %K(15,3) = 41.25, Stoch %D(15,3,3) = 46.44 41.2483 46.442 COMPOSITE - RSI(15) = 44.82}

  _{CPIN - Daily 10/23/2018 4:13:00 PM Open 5550, Hi 5650, Lo 5525, Clos e 5575 (0.5%) MA(Clos e,50) = 5,016.40 6000} Ch a r oe n Pok ph a n d I n don e sia Tbk ( CPI N ) _{5550 5350 5775 5900 5450 5,575 5,016.4 5,800 5,000 5,200 5,600 5,400 3,800 4,000 4,200 4,400 4,600} 4,800 _{CPIN - MACD(12,26) = 140.51, Signal(12,26,9) = 85.41 Dec 2018 Feb Mar Apr May Jun Jul Aug Sep Oct 3,000 3,400} 3,600 _{3,200 200 300 CPIN - Stoch %K(15,3) = 79.05, Stoch %D(15,3,3) = 82.66 Dec 2018 Feb Mar Apr May Jun Jul Aug Sep Oct 79.0476 82.6631 85.4133} 140.514 _{100 20 80} CPI N : H OLD Last price : 5.675

  

Support : 5.550, 5.450

Target price : 5.900 ( 4.0% )

  

Resist ance : 5.775, 5.900

St op loss : 5.450 ( - 4.0% )

Ent ry point 5.550 kem arin ( 22/ 10) sudah t ercapai. Nam un, CPI N belum berhasil break Resist ance 5.775 dan berpe-

luang m enguj i Support 5.450. Kam i m asih m erekom endasikan unt uk H OLD CPI N selam a belum break Support 5.450.

Nam un, j ika CPI N berhasil break Support 5.450 sebagai level CUT LOSS. CPI N kalo dilihat dari Candle m em bent uk

pola Whit e Spinning Top. _{RALS - Daily 10/25/2018 4:00:00 PM Open 1190, Hi 1215, Lo 1170, Clos e 1215 (0.8%) MA(Clos e,50) = 1,270.10} Ra m a ya n a Le st a r i Se n t osa Tbk ( RALS) _{1,400 1,450 1,500 1,550 1240 1180 1155 1170 1220 1260 1,250 1,215 1,270.1} 1,350 _{1,150 1,200 1,300 RALS - MACD(12,26) = -24.40, Signal(12,26,9) = -22.56 2018 Feb Mar Apr May Jun Jul Aug Sep Oct 1,050} 1,100 _{1,000 950 RALS - Stoch %K(15,3) = 42.72, Stoch %D(15,3,3) = 34.85 2018 Feb Mar Apr May Jun Jul Aug Sep Oct 34.8474 42.7171 -24.3982 -22.5568 80}

  50 ₂₀ RALS : BUY Last price : 1.215 Support : 1.170, 1.155

Resist ance : 1.240, 1.260

Target price : 1.260 ( 3.7% ) Ent ry point : 1.215 St op loss : 1.170 ( - 3.7% ) RALS m encoba break Resist ance Trendline 1.220. Jika RALS berhasil break Resist ance Trendline 1.220, m aka berpe- luang m elanj ut kan penguat an dengan m enguj i Resist ance 1.240 dan 1.260. Nam un, j ika RALS gagal break 1.220, m aka berpeluang m enguj i Support 1.170 dan 1.155. I ndikat or MACD dan St oc Osc m engindikasikan pola Upt rend .

  M a lin do Fe e dm ill Tbk ( M AI N ) Pe r u sa h a a n Ga s N e ga r a Tbk ( PGAS) M AI N : H OLD Last price : 1.240 Target price : 1.320 ( 6.5% ) St op loss : 1.185 ( - 4.4% ) Ent ry point 1.230 ( 25/ 10) sudah t ercapai, M AI N belum berhasil break Resist ance 1.280 dan berpeluang m enguj i Sup- port 1.210 dan 1.185. Perlu diperhat ikan Support 1.185 sebagai level St op Loss MAI N. Nam un, j ika M AI N berhasil break diat as Resist ance 1.280 ada peluang akan m elanj ut kan Trend Bullish dengan Target Price 1.320.

  PGAS : RED UCE Last price : 2.250 St op loss : 2.220 PGAS t elah berhasil break Support Trendline 2.220 sebagai level STOP LOSS, PGAS m asih berpeluang m elanj ut kan

pelem ahan dengan m enguj i Support 2.190 dan 2.130. PGAS dilihat dari I ndikat or Macd dan St oc osc m engindikasikan

pola Downt rend.

  

Support : 1.210, 1.185

Resist ance : 1.320, 1.355

Support : 2.190, 2.130

Resist ance : 2.270, 2.320

^{Feb Mar Apr May Jun Jul Aug Sep Oct 1,500 1,600 1,700 1,800 1,900 2,000 2,100 2,200 2,300 2,400 2,500 2,600 2,700 2,800 2,900 2090 2190 2340 2490 2400 2220 2130 Trendline s ince Aug 2016 2450 PGAS - Daily 10/24/2018 4:14:00 PM Open 2350, Hi 2400, Lo 2240, Clos e 2250 (-4.3%) MA(Clos e,50) = 2,093.00 2,250 2,093 Feb Mar Apr May Jun Jul Aug Sep Oct -100 100 200 PGAS - MACD(12,26) = 56.33, Signal(12,26,9) = 52.68 56.3265 52.6755 20 80 PGAS - Stoch %K(15,3) = 75.92, Stoch %D(15,3,3) = 76.46 75.9171 76.4576 PGAS - RSI(15) = 54.04 2018 Feb Mar Apr May Jun Jul Aug Sep Oct 600 700 800 900 1,000 1,100 1,200 1,300 1,400 1,500 1185 1280 1355 1155 1320 1210 1230 MAIN - Daily 10/25/2018 4:12:00 PM Open 1250, Hi 1260, Lo 1210, Clos e 1240 (-1.2%) MA(Clos e,50) = 1,256.60 1,240 1,256.6 2018 Feb Mar Apr May Jun Jul Aug Sep Oct MAIN - MACD(12,26) = 1.39, Signal(12,26,9) = -13.34 150 50 100 1.38974 -13.3352 20 80 MAIN - Stoch %K(15,3) = 82.90, Stoch %D(15,3,3) = 85.18 82.9029 85.1758 MAIN - RSI(15) = 54.71}

  St a t e Bu dge t 2 0 1 6 2 0 1 7 2 0 1 8

  I N D I CA T OR LKPP A PBN P RA PBN GD P Gr ow th ( % , YoY) 5,0% 5,2% 5,4% Ex change r ate ( USD / I D R) 13307 13300 13500 I nflation ( % , YoY)

  3% 4,3% 3,5%

  3 Months SPN ( % ) 5,7% 5,2% 5,3% I ndonesian C r ude Oil ( USD / bar r el)

  40

  45

  48 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 D R tr illion) 1556 1714 1878 Upcom in g I PO

  I PO I ssu e d Co m p a n y Bu sin e ss Pr ice Sh a r e s Of f e r in g Da t e ( 2 0 1 7 ) List in g Un d e r w r it e r ( Rp ) ( Mn ) Madusar i Mur ni I ndah 495.9 23/ 08/ 2018 - 27/ 08/ 2018 30- Aug- 18 Tr im itr a Pr oper tindo Tbk 773.3 10/ 07/ 2018 - 14/ 08/ 2018 23- Aug- 18 MD Pictur es Tbk 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

  D ivide n d

St o ck D PS ( Rp ) St a t u s Cu m D a t e Ex D a t e Re co r d in g Pa y m e n t

  AALI 112 04/ 10/ 2018 05/ 10/ 2018 09/ 10/ 2018 19/ 10/ 2018 ASI I

  60 04/ 10/ 2018 05/ 10/ 2018 09/ 10/ 2018 31/ 10/ 2018 BSSR 151 02/ 10/ 2018 03/ 10/ 2018 05/ 10/ 2018 19/ 10/ 2018 D VLA

  37 02/ 10/ 2018 03/ 10/ 2018 05/ 10/ 2018 26/ 10/ 2018 TPI A USD 0.00162 28/ 09/ 2018 01/ 10/ 2018 03/ 10/ 2018 24/ 10/ 2018

  HEXA USD 0.02148 25/ 09/ 2018 26/ 09/ 2018 28/ 09/ 2018 19/ 10/ 2018

  I KBI

  5 18/ 09/ 2018 19/ 09/ 2018 21/ 09/ 2018 10/ 10/ 2018

XI SB

  1.98 13/ 09/ 2018 14/ 09/ 2018 18/ 09/ 2018 20/ 09/ 2018 JPFA 50 05/ 09/ 2018 06/ 09/ 2018 10/ 09/ 2018 24/ 09/ 2018

  Righ t s I ssu e T ick e r Ra t io Pr ice ( Rp ) Cu m Da t e EX Da t e T r a d in g RBMS 99 : 100 200 05/ 10/ 2018 08/ 10/ 2018 12/ 10/ 2018 - 18/ 10/ 2018 MAYA

  1 : 6 2,200 03/ 10/ 2018 04/ 10/ 2018 10/ 10/ 2018 - 16/ 10/ 2018

AGRO 271 : 1000 400 06/ 09/ 2018 07/ 09/ 2018 14/ 09/ 2018 - 20/ 09/ 2018

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