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Indonesian Market Today 2 November 2018

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  • Asian Market
  • 2 weeks ago
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[8:57 AM, 11/2/2018] Gilang Mnc: A. Indonesia Morning Market Review
Friday (02/11/2018). This Friday JCI is predicts to continue rising along with DJIA + 1.06% strengthening, EIDO + 3.73%, Gold + 1.53%, Nickel + 2.6% and Rupiah appreciation amid falling Oil -2.05% & Coal -2.23%.


B. Indonesia Corporate News
1. PT Indocement Tunggal Prakarsa (INTP)
As of the 3/2018 quarter, the company earned Rp10.77 trillion in revenue, up 2.48 percent from the realization of Rp10.51 trillion in the same period last year. However, due to the increase in the cost of revenue, the net income recorded fell 56.08% on an annual basis in the III / 2018 quarter. The achievement of Rp1.40 trillion in the III / 2017 quarter fell to Rp617.69 billion as of September 30, 2018.

2. PT Charoen Pokhpand Indonesia (CPIN)
The company scored net sales of IDR 39.38 trillion as of September 30, 2018, up from net sales of IDR 37.47 trillion in the same period the previous year. Profit before income tax was IDR4.50 trillion, up from income before income tax IDR2.42 trillion the previous year. Current earnings that can be distributed to the owner of the parent entity rose to IDR 3.47 trillion from the profit of IDR 1.93 trillion the previous year.

3. PT Alam Sutera Realty (ASRI)
The Company scored revenues of Rp3.20 trillion as of September 30, 2018, up slightly from Rp3.16 trillion in revenue the previous year. Current earnings that can be distributed to the owner of the parent entity decreased by -42.43% to Rp.638.99 billion from profits of Rp1.11 trillion as of December 31, 2017.

4. PT Indomobil Sukses International (IMAS)
The Company scored a profit for the period that can be distributed to the owner of the parent entity amounting to Rp.81.62 billion until September 30, 2018 after recording a loss of Rp.519.09 billion in the same period the previous year. Net income increased to IDR 12.56 trillion from net income of IDR 11.36 trillion a year earlier

5. PT First Media Tbk (KBLV)
The company posted a current period loss that could be distributed to the owner of the parent entity of Rp2.40 trillion until the period of September 30, 2018 rose compared to a loss of Rp845.33 billion in the same period the previous year. The operating loss was recorded at Rp1.81 trillion, up from the operating loss of Rp1.11 trillion the previous year, one of which was due to a sharp increase in general expenses to Rp624.99 billion from the general burden of Rp.143.93 billion a year earlier. The pre-tax loss was recorded at Rp2.15 trillion, up sharply from the pre-tax loss of Rp1.20 trillion the previous year.

6. PT Garuda Indonesia (GIAA)
The Company experienced a LOSS that could be distributed to the owner of the parent entity for US $ 114.08 million (around Rp. 1.73 trillion at the rate of 15200). As of September 30, 2018 from a loss of US $ 222.03 million in the same period the previous year. While operating revenues edged up 3.21% to US $ 3.21 billion from US $ 3.11 billion a year earlier

7. PT Agung Podomoro Land (APLN). Throughout the 3/2018 quarter, the company earned a net profit of Rp 308.8 billion or slumped 42.9% from Rp 541 billion in the third quarter of 2017. This was in line with the company's revenue which fell 30.3% to Rp 3.8 trillion from IDR 5.45 trillion. APLN revenue comes from sales of Rp 2.6 trillion or 68.3% of total revenue and recurring income of Rp 1.2 trillion


C. Market Statistics
DJIA +264.98 + 1.06% 25380
NASDAQ +128.16 + 1.75% 7434
GOLD +18.6 + 1.53% 1234.7
OIL -1.33 -2.05% 63.51
COAL (Nov / Newcastle) -2.35 -2.23% 102.85
COAL (Nov / Rotterdam) -2.2 -2.26% 95.35
NICKEL +300 + 2.6% 11842.5
TIN -10 -0.05% 19107.5
CPO (Nov) -6 -0.28% 2144
EIDO +0.82 + 3.73% 22.83
US 10yr -0,015 -0.47 %% 3.14
INDO 10yr -0.0325 -0.37% 8.7010
INDO CDS -0.485 -0.31% 157.61
TLK 51.9 (3925)
IDR (Spot) 15127
IDR (Investing, 02/11/11/ Fut, 04.10) 15068

IDX Range. : 5,815 - 5,924
USD / IDR Range: 15,060 - 15,165


D. Stock Picks
1. BBCA
52Week Price Range: 20350 - 25475
Monthly RLine: 26534 - 25367 - 24509
Monthly PP: 23342
Monthly SLine: 22484 - 21317 - 20459
Summary: STRONG BUY

2. ASII
Daily Price Range: 7900 - 8050
Daily RLine: 8116 - 8033 - 7966
Daily PP: 7833
Daily SLine: 7766 - 7633 - 7566
Summary: STRONG BUY

3. TLKM
Daily Price Range: 3810 - 3880
Daily RLine: 4044 - 3957 - 3904
Daily PP: 3817
Daily SLine: 3764 - 3677 - 3624
Summary: STRONG BUY

Smart Trend Team (GR)

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