img-news

Indonesia Market Today - 27 December 2018

  • Regular
  • Asian Market
  • 2 months ago
  • 49

A. Indonesia Morning Market Review
Thursday (27/12/2018). The highest rebound of DJIA in the past decade was +1086.25 points (+ 4.98%) and the highest rebound in crude oil prices for the past 2 years was + 9.6% and the increase in EIDO + 3.3%. This are catalysts for JCI to strengthen today.


B. Indonesia Morning Market Review
1. PT Wijaya Karya Beton (WTON)
The company stated that until December 26, 2018 the realization of a new contract was IDR 7.6 trillion. This figure, has already penetrated the company's target for the value of the new contract in 2018, which is Rp 7.5 trillion. For 2019, the company prepares various strategies to achieve contract growth of up to 20% from 2018.

2. PT Waskita Beton Precast (WSBP)
The company is optimistic that it can achieve the new contract value target (NKB) of IDR 6.6 trillion in 2018. In fact, for 2019, the company targets a new contract to grow 36.53% or Rp 10.39 trillion from the target in 2018. In addition, WSBP also plans to widen the composition of its external contract to 40% and for internal 60%. As for profit and income, WSBP targets 10% growth from 2018 realization.

3. PT Phapros (PEHA)
After listing on the IDX, the company will take action * rights issue * or issue 25% of new shares from the company's issued and paid-up capital, with a target fund of Rp 1 trillion-Rp 2 trillion in semester II-2019. In 2019, PEHA allocates capex of Rp 350 billion. In 2019 PEHA plans to expand the export market by expanding in Myanmar and Nigeria.

4. PT Indo Farma (INAF)
The company targets revenue growth in 2019 to be around 13% to 15% compared to the revenue achievement in 2018. Income growth in 2018 will be supported by sales of health equipment. Currently, pharmaceuticals are 90% and in addition to pharmaceuticals are 10%. Slowly directed to 60%: 40%. In addition, INAF will collaborate with a South Korean company to build a medical equipment factory in Cibitung, Bekasi where both parties budget Rp. 200 billion as an initial investment.

5. PT Borneo Olah Sarana Sukses (BOSS)
The company in 2019 targets coal production of 600,000 tons, up 50 percent from this year's production target of 400,000 to 500,000 tons. Through its subsidiary, PT Bangun Olahsarana Sukses (BOS), it sells coal to other coal companies such as the Banpu Group, Itochu, and Glencore. The majority of BOSS coal was sold to Japan, followed by the South Korean and Philippine markets. BOSS coal has an average calorie of 6.400kcal / kg, sulfur content of 0.3% and very low ash content of 3%. So that the average selling price of coal produced by BOSS reaches US $ 100 per ton. BOSS has a mine with an area of ‚Äč‚Äčaround 16,000 hectares which is divided into 4 subsidiaries. So far they have only explored around 5,335 ha or only around 10% of the total concession area.


C. Market Statistics
DJIA +1086.25 +4.98% 22878!!!!
NASDAQ +361.44 +5.84% 6554!!!!
GOLD -3.65 -0.29% 1268.85
OIL +4.1 +9.6% 46.8!!!
COAL (Jan/Newcastle) Unch 103
COAL (Jan/Rotterdam) -0.5 -0.57% 88.00
NICKEL +40 +0.37% 10912.5
TIN +55 +0.28% 19447.5
CPO (Mar) -34 -1.6% 2094
EIDO +0.79 +3.3% 24.7
US 10yr +0.0480 +1.75% 2.7970
INDO 10yr -0.0242 -0.3% 8.1205
INDO CDS 5yr +0.085 +0.06% 141.015
TLK 51.8 (3775)
IDR (Spot) 14577
IDR (Investing, 27/12/18/Fut, 04.30) 14610

IDX Range.      :  6,099 - 6,199
USD/IDR Range: 14,530 - 14,610


D. Stock Picks
1. BBCA
52Week Price Range: 20600 - 26975
Monthly RLine: 29900 - 28050 - 27050
Monthly PP: 25200
Monthly SLine: 24200 - 22350 - 21350
Summary: STRONG BUY

2. ICBP
Daily Price Range: 10250 - 10525
Daily RLine: 10950 - 10725 - 10600
Daily PP: 10375
Daily SLine: 10250 - 10025 - 9900
Summary: STRONG BUY

3. HOKI
52Week Price Range: 322 - 1015
Monthly RLine: 979 - 912 - 784
Monthly PP: 717
Monthly SLine: 589 - 522 - 394
Summary: STRONG BUY


Smart Trend Team (GR)
Disclaimer On