Agustus: Setelah prediksi bulan Juni - Juli Terbukti!, Kerawanan Reversal Masih Dapat Terjadi Dari Faktor Wave Koreksi & Pola Candle

Cerdas Pilih Investasi, 4 Artis RI Ini Cuan Banyak
https://www.cnbcindonesia.com/lifestyle/20190827201401-36-95187/cerdas-pilih-investasi-4-artis-ri-ini-cuan-banyak?utm_source=twitter&utm_medium=oa&utm_content=cnbcindonesia&utm_campaign=cmssocmed

J.P. Morgan says it’s almost time to buy stocks
https://www.marketwatch.com/discover?url=https%3A%2F%2Fwww.marketwatch.com%2Famp%2Fstory%2Fguid%2F752d2c50-c8c8-11e9-abda-7682c7cd78da&link=sfmw_tw#https://www.marketwatch.com/amp/story/guid/752d2c50-c8c8-11e9-abda-7682c7cd78da?mod=dist_amp_social

Wow! Induk HM Sampoerna Bakal Diakuisisi Raja Rokok Dunia
https://www.cnbcindonesia.com/market/20190828102632-17-95276/wow-induk-hm-sampoerna-bakal-diakuisisi-raja-rokok-dunia

Gawat, China Sudah Ngegas Lagi & Gaung Resesi Kian Terdengar!
https://www.cnbcindonesia.com/market/20190828060621-17-95233/gawat-china-sudah-ngegas-lagi-gaung-resesi-kian-terdengar

Terhimpit Isu Resesi dan 1 September, Rupiah Susah Bergerak
https://www.cnbcindonesia.com/market/20190828154610-17-95420/terhimpit-isu-resesi-dan-1-september-rupiah-susah-bergerak?utm_source=twitter&utm_medium=oa&utm_content=cnbcindonesia&utm_campaign=cmssocmed

Kinerja Bumi Resources (BUMI) Bisa Membaik pada Akhir 2019, Apa Syaratnya?
https://market.bisnis.com/read/20190828/192/1141919/kinerja-bumi-resources-bumi-bisa-membaik-pada-akhir-2019-apa-syaratnya

Izin Tambang KPC & Arutmin Tunggu Kabinet Baru Jokowi
https://www.cnbcindonesia.com/market/20190828122137-17-95328/izin-tambang-kpc-arutmin-tunggu-kabinet-baru-jokowi?utm_source=twitter&utm_medium=oa&utm_content=cnbcindonesia&utm_campaign=cmssocmed

"Dilarang Jokowi, 7 BUMN Tetap Gelar RUPSLB Rombak Pengurus" , https://katadata.co.id/berita/2019/08/28/dilarang-jokowi-7-bumn-tetap-gelar-rupslb-rombak-pengurus

Vale Indonesia May Post Profit if Nickel Stays Above $13,000/T

(Bloomberg) -- The mining company may post net income for the full year if price stays above $13,000 a ton, Director Bernardus Irmanto tells reporters in Jakarta on Tuesday.
NOTE: Vale Indonesia Records 1H Loss of $26.2M vs. Profit $29.4M Y/y
Executives of Vale SA plan to seek a meeting with President Joko Widodo to discuss divestment plan of its Indonesian unit, according to Vale Indonesia’s President Director Nicolas Kanter
NOTE: Vale Indonesia Officially Offers Selling 20% Stake to Indonesia

India Palm Oil Import Tax Hike Will Have Significant Impact: FGV

(Bloomberg) -- Any increase in Indian import taxes on Malaysian palm oil will have a significant impact on FGV, according to Group CEO Haris Fadzilah Hassan.
NOTE: India Trade Ministry Favors Tax Hike on Malaysian Refined Palm
India is a key market for FGV and co. typically ships ~30k tons palm oil each month, Haris says in media briefing on Wednesday
Crude palm oil futures seen trading in 2,000-2,200 ringgit range for the next 6 months, as potential hike in the duty may outweigh positive catalysts like increase in biodiesel demand
Palm exporters may have to accept lower margins if import duties are increased
FGV has signed agreements to divest 129m ringgit of non-core assets, out of total 350m ringgit
Disposal of land in Chuping, which belongs to MSM, is in progress

HM Sampoerna Downgraded to Hold at Danareksa; PT 3,200 Rupiah

(Bloomberg) -- Danareksa analyst Natalia Sutanto downgraded the recommendation on Hanjaya Mandala Sampoerna Tbk PT to hold from buy.
PT lowered to 3,200 rupiah from 3,500 rupiah, implies 11% increase. HM Sampoerna average PT is 3,662 rupiah
HM Sampoerna had 24 buys, 6 holds, 0 sells previously: Bloomberg data
Analysts lowered their consensus one-year target price for the stock by 10 percent in the past three months. Forecasts range from 2,950 rupiah to 4,640 rupiah.

AKR to Kick Off East Java’s Power Plant Construction in 2020

(Bloomberg) -- Indonesia’s AKR Corporindo plans to start the construction of $400m power plant in the Java Integrated Industrial and Port Estate next year, and aims for completion in 2022, according to an executive.
Company to build 300 megawatts power plant, part of its 515 megawatts project with total investment worth $700m, in the industrial and port estate located in Gresik, East Java, Director Suresh Vembu tells reporters in Jakarta on Tuesday
AKR plans to seek loans for the power plant project
It has started supplying jet fuel in Morowali airport this month and is planning to expand the business to other airports, mainly in eastern part of the country
NOTE: BP Hitching Ride With Indonesia’s AKR on Jokowi Toll Roads (1)

Indocement, Semen Indonesia Rated Add on Margins, Plants: CIMB

(Bloomberg) -- Diverse plant locations and prospect of stronger margins cited by CGS-CIMB Sekuritas Indonesia as it re-initiates coverage.
Share valuations don’t reflect profitability outlook, analyst Ricky Ho writes
Lower thermal coal price will help keep costs in check, while recovery in EBITDA margins should translate to multi-year earnings growth
Will outperform peers as plants are nearby demand centers and cos have strong distribution networks
Economic downturn and govt intervention seen as risks; govt focus on investment and new capital city plan have potential to boost volume-growth forecasts
Indonesia cement sales growth volume est. 1.5% this year; est. sales +6% y/y next year and 7% from 2020
PT for Semen Indonesia set at 18,500 rupiah, 24,200 rupiah for Indocement

Link Net Upgraded to Buy at Citi; PT 4,675 Rupiah

(Bloomberg) -- Citi upgraded the recommendation on Link Net Tbk PT to buy from neutral.
PT raised to 4,675 rupiah from 4,625 rupiah, implies 17% increase. Link Net average PT is 5,260 rupiah

Link Net had 7 buys, 1 hold, 0 sells previously: Bloomberg data

Sepekan IHSG Koreksi 0,49%
https://cnbcindonesia.com/market/20190824173617-17-94395/sepekan-ihsg-koreksi-049-penurunan-suku-bunga-tak-ngangkat
Perang Dagang Memanas
https://cnbcindonesia.com/market/20190824191512-17-94399/perang-dagang-memanas-china-lempar-psy-war-ke-trump
The Fed enggan beri sinyal pergerakan suku bunga https://cnnindonesia.com/ekonomi/20190823212352-532-424231/the-fed-enggan-beri-sinyal-pergerakan-suku-bunga



Grogi Tunggu Pidato Powell, Sesi I IHSG Tak Berdaya 
https://cnbcindonesia.com/market/20190823120959-17-94169/grogi-tunggu-pidato-powell-sesi-i-ihsg-masih-tak-berdaya 

Ini daftar 10 saham LQ45 dengan PER terkecil 
https://m.kontan.co.id/news/enam-saham-merah-ini-daftar-10-saham-lq45-dengan-per-terkecil-22-agustus-2019




Bad astrocycle CTA melihat testimony Fed Powell akan "less dovish".
Buy only if Fed Powell dovish on rates!

#ctasaham
#saham
#idx
#idxchannel
#yuknabungsaham
#yuktrading
#bloomberg

#katadatanews

Indonesia Surprises With Second Rate Cut to Support Growth https://bloomberg.com/amp/news/articles/2019-08-22/indonesia-surprises-with-second-rate-cut-to-support-growth


https://databoks.katadata.co.id/datapublish/2019/08/19/terbesar-di-era-jokowi-anggaran-infrastruktur-rp-4192-triliun-di-rapbn-2020 

https://databoks.katadata.co.id/datapublish/2019/08/20/akibat-perang-dagang-pertumbuhan-ekonomi-negara-asean-melambat 

https://katadata.co.id/berita/2019/08/19/negara-asean-yang-menang-dan-kalah-di-tengah-perang-dagang 

https://databoks.katadata.co.id/datapublish/2019/08/16/inilah-asumsi-asumsi-makro-ekonomi-di-rapbn-2020

Delapan saham turun bareng IHSG, ini 10 saham LQ45 dengan PER terkecil (21/8)
https://investasi.kontan.co.id/news/delapan-saham-turun-bareng-ihsg-ini-10-saham-lq45-dengan-per-terkecil-218

Asing Masih Gencar Obral Saham, Ternyata Ini Biang Keroknya
https://www.cnbcindonesia.com/market/20190822104452-17-93825/asing-masih-gencar-obral-saham-ternyata-ini-biang-keroknya

Tunggu Suku Bunga Acuan, Simak Saham Pilihan Broker Ini
https://www.cnbcindonesia.com/market/20190822082537-17-93789/tunggu-suku-bunga-acuan-simak-saham-pilihan-broker-ini

Rencana Rini Berlanjut, 5 Saham BUMN Terus Amblas!
https://www.cnbcindonesia.com/market/20190821184600-17-93746/rencana-rini-berlanjut-5-saham-bumn-terus-amblas

Jasa Marga Reinstated Hold at Samuel Sekuritas; PT 6,000 Rupiah

(Bloomberg) -- Samuel Sekuritas Indonesia reinstated coverage of Jasa Marga Persero Tbk PT with a recommendation of hold.
PT set to 6,000 rupiah, implies 5.7% increase from last close. Jasa Marga average PT is 6,431 rupiah
Jasa Marga had 12 buys, 7 holds, 1 sell previously: Bloomberg data
Analysts raised their consensus one-year target price for the stock by 1.7 percent in the past three months. Forecasts range from 4,500 rupiah to 7,340 rupiah.

Kalbe Farma PT Lifted by CIMB on Margin, Profit Expectations

(Bloomberg) -- Kalbe Farma margins and earnings should improve on increased government health-care spending, higher prices for certain generic drugs and a stabilizing and potentially stronger rupiah, according to CGS-CIMB.
Share price has been stagnant as the company posted mid-single- digit earnings growth in the past two years, but FY2020 could be a “breakthrough year” driven by those factors, analyst Patricia Gabriela writes in a report
Growing contribution from higher- margin drugs, such as biosimilars, should bolster margins and tax incentive on R&D may lift earnings
PT raised to 1,850 rupiah from 1,700 rupiah, add recommendation maintained
NOTE: Indonesia to Raise Premiums for National Health Care Program
NOTE: Indonesia Sets Higher Subsidy for Health Care Premiums in 2020

Indonesia’s Gas Negara PT Cut at CIMB on Cautious 2H Outlook

(Bloomberg) -- Gas Negara’s upstream business could decline further because of falling oil prices, shrinking reserves and higher lifting costs, according to CGS-CIMB in a report.
Company’s $44m impairment expense for upstream business in 1H exceeded broker’s full-year estimate of $25m, analyst Aurelia Barus writes in Aug. 20 report
Production delays in upstream fields of West Pangkah and Sedayu, as well as declining oil prices contributed to increase
1H gas distribution volume fell unexpectedly due to unexpected impairment and Eid holidays; broker expects distribution volume to improve to 1,000 mmscfd in 2H vs 932 mmscfd in 1H
PT cut to 1,900 rupiah from 2,050 rupiah, reduce maintained

Indosat Cut to Neutral at Goldman; Price Target 3,780 Rupiah

(Bloomberg) -- Goldman Sachs analyst Miang Chuen Koh downgraded the recommendation on Indosat Tbk PT to neutral from buy.
PT set to 3,780 rupiah, implies 3.3% increase from last close. Indosat average PT is 3,006 rupiah
Indosat had 11 buy, 9 holds, 6 sells previously: Bloomberg data
Analysts raised their consensus one-year target price for the stock by 24 percent in the past three months. Forecasts range from 1,500 rupiah to 7,000 rupiah.

Malindo Feedmill Raised to Buy at UOB Kay Hian; PT 1,200 Rupiah

(Bloomberg) -- UOB Kay Hian analyst Benyamin Mikael upgraded the recommendation on Malindo Feedmill Tbk PT to buy from hold.
PT set to 1,200 rupiah, implies 28% increase. Malindo Feedmill average PT is 1,072 rupiah
Malindo Feedmill had 2 buys, 5 holds, 1 sell previously: Bloomberg data
Analysts lowered their consensus one-year target price for the stock by 19 percent in the past three months. Forecasts range from 800 rupiah to 2,070 rupiah.

Manulife Sees Jakarta Stock Index at 6,750-6,800 by Year-End

(Bloomberg) -- Stocks rally seen supported by political stability, falling interest rates, a pro-growth cabinet and realization of reform commitments, according to Manulife Aset Manajemen Indonesia.
Corporate net income growth seen at 9% in 2019 and 10% in 2020, Chief Economist and Investment Strategist Katarina Setiawan tells reporters in Jakarta on Tuesday
NOTE: Jakarta Composite Index at 6,292.989 by midday break on Tuesday; +1.6% YTD
Manulife prefers interest-sensitive stocks such as banking and property, telecom and base metals
Telecom stocks will be supported by easing competition and higher demand for data, while electric vehicle projects will support base metals stocks
NOTE: Manulife’s asset under management at 72.3t rupiah as of June 30

Indonesia Tax Cut Is a Long Distance Positive for Stocks

(Bloomberg) -- Indonesia's government is drafting changes for a law, which will allow for lower corporate income tax rates. The Jakarta Composite index closed on Wednesday 5.8% below the April high, so there is room for aknee-jerk rally on the news. Though a tax cut would only be implemented in 2021 and that leaves room for disappointment. So, equities will probably refrain from getting too excited just yet. To contact the reporter on this story: Mark Cranfield in Singapore at mcranfield2@bloomberg.net

Indonesia May Implement Corporate Income Tax Cut in 2021: Daily

(Bloomberg) -- Govt is drafting changes for income tax law to be submitted to parliament, according to Investor Daily Indonesia newspaper, citing Tax Director General Robert Pakpahan.
Govt weighing between directly cutting corporate income tax rate to 20% from 25% currently and cutting the rate in phases, Pakpahan says as cited in report

Policy will provide business certainty to companies

Simak rekomendasi analis untuk saham INDF dan ICBP
https://investasi.kontan.co.id/news/simak-rekomendasi-analis-untuk-saham-indf-dan-icbp

Emiten BUMN konstruksi catat arus kas defisit, ini kata analis Samuel Sekuritas
https://investasi.kontan.co.id/news/emiten-bumn-konstruksi-catat-arus-kas-defisit-ini-kata-analis-samuel-sekuritas

Saham ITMG anjlok paling parah di jajaran LQ45, ini PER dan PBV-nya (21/8)
https://investasi.kontan.co.id/news/saham-itmg-anjlok-paling-parah-di-jajaran-lq45-ini-per-dan-pbv-nya

IHSG minus lagi, cuma 7 saham LQ45 yang positif hari ini (21/8)
https://investasi.kontan.co.id/news/ihsg-minus-lagi-cuma-7-saham-lq45-yang-positif-hari-ini-218

Kisah Luhut & Smelter China di Balik Larangan Ekspor Nikel
https://www.cnbcindonesia.com/market/20190822080848-17-93787/kisah-luhut-smelter-china-di-balik-larangan-ekspor-nikel

Pasokan dari China Melonjak, Harga Batu Bara Terjun Bebas
https://www.cnbcindonesia.com/market/20190822103331-17-93818/pasokan-dari-china-melonjak-harga-batu-bara-terjun-bebas

Ada Perang Dagang & RDG BI, IHSG Gundah Gulana
https://www.cnbcindonesia.com/market/20190822092210-17-93800/ada-perang-dagang-rdg-bi-ihsg-gundah-gulana

Siap-siap! 7 Emiten BUMN Ini Akan Rilis Obligasi
https://www.cnbcindonesia.com/market/20190822113422-17-93858/siap-siap-7-emiten-bumn-ini-akan-rilis-obligasi

Dua Bank Sentral Ini Bikin Rupiah Melemah!
https://www.cnbcindonesia.com/market/20190822111551-17-93847/dua-bank-sentral-ini-bikin-rupiah-melemah

Trump "Serang" The Fed Lagi, Dolar Jadi Loyo

https://www.cnbcindonesia.com/market/20190821210034-17-93770/trump-serang-the-fed-lagi-dolar-jadi-loyo


Aksi Ambil Untung, IHSG Banting Setir ke Zona Merah
https://cnbcindonesia.com/market/20190819122721-17-92932/diterpa-aksi-ambil-untung-ihsg-banting-setir-ke-zona-merah

5 Sentimen Penggerak Pasar Pekan Ini
https://cnbcindonesia.com/market/20190818160207-17-92804/catat-ini-5-sentimen-penggerak-pasar-pekan-depan

8 Emiten Babon Paparan Publik
https://cnbcindonesia.com/market/20190819081324-17-92849/8-emiten-babon-paparan-publik-simak-saham-pilihan-hari-ini


IHSG konsolidasi menanti breakout range, jelang big events. 


Viral Kabar DMO Batu Bara Dicabut, ESDM: Tidak Betul! https://cnbcindonesia.com/market/20190816111114-17-92463/viral-kabar-dmo-batu-bara-dicabut-esdm-tidak-betul

Kemenkeu siap tindak lanjuti arahan Presiden soal pajak Kertas
https://m.bisnis.com/ekonomi-bisnis/read/20190815/259/1137060/kemenkeu-siap-tindak-lanjuti-arahan-presiden-soal-pajak-kertas

Good or bad news, kombinasi dengan analisa teknikal, gap untuk happy cuan



Jakarta Consumer Stocks Rally as Jokowi Pledges to Push Spending

(Bloomberg) -- Jakarta Consumer Goods Index rises as much as 2.2% after President Joko Widodo unveiled his budget plan for 2020.

• HM Sampoerna +6.3%, the steepest gain in 6-wk, while Kimia Farma +11%, Gudang Garam 2.9%
• Jakarta Composite Index +0.5%
• NOTE: Indonesia Sees 2020 Fiscal Deficit Narrowing to 1.76% of GDP
• NOTE: Indonesia to Focus State Spending to Reduce Regional Inequality
• NOTE: Jokowi Eyes Highest Indonesia Growth Since 2013 as Risks Loom

Telkom Indonesia Reinstated Buy at Samuel Sekuritas

(Bloomberg) -- Samuel Sekuritas Indonesia reinstated coverage of Telekomunikasi Indonesia Persero Tbk PT with a recommendation of buy.

• PT set to 4,720 rupiah, implies 10% increase from last close. Telkom Indonesia average PT is 4,686 rupiah
• Telkom Indonesia had 21 buy, 5 holds, 1 sell previously: Bloomberg data
• Analysts raised their consensus one-year target price for the stock by 10 percent in the past three months. Forecasts range from 3,610 rupiah to 5,250 rupiah.

Bank Rakyat Indonesia Cut to Hold at DBS Bank; PT 4,600 Rupiah

(Bloomberg) -- DBS Bank analyst Wong Ming Tek downgraded the recommendation on Bank Rakyat Indonesia Persero Tbk PT to hold from buy.

• PT lowered to 4,600 rupiah from 5,100 rupiah, implies 8.2% increase from last close. Bank Rakyat Indonesia average PT is 4,686 rupiah
• Bank Rakyat Indonesia had 22 buys, 9 holds, 1 sell previously: Bloomberg data
• Analysts raised their consensus one- year target price for the stock by 2.3 percent in the past three months. Forecasts range from 3,800 rupiah to 5,500 rupiah.

Indo Tambangraya Cut to Hold at Ciptadana; PT 13,650 Rupiah

(Bloomberg) -- Ciptadana Sekuritas analyst Thomas Radityo downgraded the recommendation on Indo Tambangraya Megah Tbk PT to hold from buy.

• PT lowered to 13,650 rupiah from 24,500 rupiah, implies 1.9% increase from last close. Indo Tambangraya average PT is 19,502 rupiah
• Indo Tambangraya had 12 buys, 9 holds, 2 sells previously: Bloomberg data
• Analysts lowered their consensus one-year target price for the stock by 27 percent in the past three months. Forecasts range from 13,650 rupiah to 35,700 rupiah.

Indofood CBP Cut to Hold at BCA Sekuritas; PT 12,000 Rupiah

(Bloomberg) -- BCA Sekuritas analyst Sandy Ham downgraded the recommendation on Indofood CBP Sukses Makmur Tbk PT to hold from buy.

• PT set to 12,000 rupiah, implies 4.3% increase from last close. Indofood CBP average PT is 11,938 rupiah
• Indofood CBP had 22 buys, 6 holds, 1 sell previously: Bloomberg data
• Analysts raised their consensus one-year target price for the stock by 12 percent in the past three months. Forecasts range from 8,300 rupiah to 13,500 rupiah.

Citigroup Expects Bank Indonesia to Cut Policy Rate Next Week

(Bloomberg) -- Bank Indonesia will likely cut its policy rate by 25 bps for a 2nd month in a row at its meeting next week to support growth, despite the volatility in global financial markets, Helmi Arman, economist at Citigroup Global Markets, writes in an Aug. 15 note.

• A rate cut in August won’t dent BI’s credibility or worsen the outlook for portfolio flows
• Indonesia’s inflation-adjusted policy rate is among highest in Asia and will remain so even after another 25 bps rate cut this month; mild trade deficit in July supports co.’s base-case view of compression in the current- account shortfall in the 2nd half of 2019
• In an environment of slowing domestic demand growth, interest-rate cuts will serve more as a cushion against deterioration of business sentiment and corporate debt servicing capacity
• READ: Indonesia Pledges More Rate Cuts as It Moves to Spur Growth (1)
• NOTE: Five of six analysts surveyed by Bloomberg so far expect BI to keep the benchmark rate steady at 5.75% at the Aug. 22 meeting; co. is included in the survey

IHSG Boleh Anjlok, Saham Properti Paling Minor Dampaknya (link: https://www.cnbcindonesia.com/market/20190815131123-17-92188/ihsg-boleh-anjlok-saham-properti-paling-minor-dampaknya)
Jangan Buru-buru Dijual, Harga Emas Naik Lagi Gaes! (link: https://www.cnbcindonesia.com/market/20190815085821-17-92114/jangan-buru-buru-dijual-harga-emas-naik-lagi-gaes)

IHSG konsolidasi di dukung sektor Agri Property Mining Infra vs Finance Consumer. Gold consolidate in Corr wave B ⤴️⤵️




Walau Neraca Dagang Oke, IHSG Tetap Tak Bisa Bangkit
https://www.cnbcindonesia.com/market/20190815113737-17-92155/walau-neraca-dagang-oke-ihsg-tetap-tak-bisa-bangkit?utm_source=twitter&utm_medium=oa&utm_content=cnbcindonesia&utm_campaign=cmssocmed

Neraca Dagang di Juli 2019 Masih Negatif, Defisit US$ 60 Juta
https://www.cnbcindonesia.com/news/20190815110528-4-92144/neraca-dagang-di-juli-2019-masih-negatif-defisit-us--60-juta

Indofood CBP PT Raised at Deutsche Bank on Noodle Margin Outlook

(Bloomberg) -- Expectations that Indofood CBP Sukses Makmur will continue to see robust margins in its instant noodle business has prompted Deutsche Bank to raise its price target 11%, according to analyst Raja Abdalla.
Integration of Indofood CBP’s beverage and food seasoning business may also benefit the company and provide a profit contribution of 20% for 2019-2021 earnings
Maintain buy; PT raised to 12,800 rupiah from 11,500 rupiah
ICBP: 22 buys,, 6 holds, 1 sell; avg. PT 11,845 rupiah
Shares fall as much as 2.6%, most since July 29

Bank Permata Jumps to 4-Mo. High as OCBC Said to Weigh Bid

Ace Hardware’s Earnings May Fall if Sales Trend Persists: Citi

(Bloomberg) -- Ace Hardware Indonesia may see higher possibility of earnings downgrade if the trend of declining same-store sales continues, according to Citi in a report.
The company’s margins would stay pressured in 2H due to more promotions done to support its store expansions, analyst Vivi H Lie writes in the report
Citi sees no pressure from competition yet, as Ace’s rival company is targeting a seemingly less premium consumer segment
NOTE: Ace Hardware’s Same-Store Sales Growth at 3.6% in July

Bank BTPN Tbk PT 1H Net Income 1.26 Trln Rupiah, +15% Y/y

(Bloomberg) -- Bank BTPN Tbk PT reported net income for the first half of 1.26 trillion rupiah, +15% y/y.
1H net interest income 5.18 trillion rupiah, +7.8% y/y
1H EPS 164 rupiah vs. 190 rupiah y/y

Bank Rakyat Indonesia Cut to Underperform at Credit Suisse

(Bloomberg) -- Credit Suisse analyst Laurensius Teiseran downgraded the recommendation on Bank Rakyat Indonesia Persero Tbk PT to underperform from neutral.
PT lowered to 3,800 rupiah from 4,200 rupiah, implies 12% decrease from last close. Bank Rakyat Indonesia average PT is 4,737 rupiah
Bank Rakyat Indonesia had 22 buys, 10 holds, 0 sells previously: Bloomberg data
Analysts raised their consensus one- year target price for the stock by 3.3 percent in the past three months. Forecasts range from 3,800 rupiah to 5,500 rupiah.

Terpapar Ancaman Resesi Ekonomi, Harga Batu Bara Terjembab
https://www.cnbcindonesia.com/market/20190815101853-17-92131/terpapar-ancaman-resesi-ekonomi-harga-batu-bara-terjembab

Resesi dan Kebangkitan Proteksionisme dari Alam Kubur
https://www.cnbcindonesia.com/news/20190815094604-4-92126/resesi-dan-kebangkitan-proteksionisme-dari-alam-kubur

Utang Luar Negeri RI Naik 10,1% Jadi US$ 391,8 M
https://www.cnbcindonesia.com/news/20190815110817-4-92146/utang-luar-negeri-ri-naik-101-jadi-us--3918-m

Ditekan Aksi Ambil Untung, Harga CPO Tersungkur Bung!
https://www.cnbcindonesia.com/market/20190815104349-17-92136/ditekan-aksi-ambil-untung-harga-cpo-tersungkur-bung

Daftar 10 Dompet Digital Terpopuler di RI, Siapa Jawaranya?
https://www.cnbcindonesia.com/tech/20190815104730-37-92151/daftar-10-dompet-digital-terpopuler-di-ri-siapa-jawaranya

Kacau! AS Diproyeksikan Resesi, IHSG Babak Belur
https://www.cnbcindonesia.com/market/20190815094007-17-92121/kacau-as-diproyeksikan-resesi-ihsg-babak-belur

Potensi Net Sell Tinggi, Simak Rekomendasi Saham Hari Ini!
https://www.cnbcindonesia.com/market/20190815085029-17-92111/potensi-net-sell-tinggi-simak-rekomendasi-saham-hari-ini

Harga Emas Terus Cetak Rekor Baru, Bitcoin Malah Nyungsep

https://www.cnbcindonesia.com/tech/20190815100254-37-92125/harga-emas-terus-cetak-rekor-baru-bitcoin-malah-nyungsep

*INDO TAMBANGRAYA 1H NET INCOME $70.8M, -31% Y/Y

United Tractors Cut to Neutral at Macquarie; PT 24,100 Rupiah

(Bloomberg) -- Macquarie analyst Robert Pranata downgraded the recommendation on United Tractors Tbk PT to neutral from outperform.
PT lowered to 24,100 rupiah from 32,500 rupiah, implies 8.3% increase from last close. United Tractors average PT is 32,502 rupiah
United Tractors had 28 buys, 2 holds, 2 sells previously: Bloomberg data
Analysts lowered their consensus one-year target price for the stock by 3.8 percent in the past three months. Forecasts range from 20,300 rupiah to 42,000 rupiah.

United Tractors Cut to Underperform at Credit Suisse

(Bloomberg) -- Credit Suisse analyst Andri Ngaserin downgraded the recommendation on United Tractors Tbk PT to underperform from neutral.
PT lowered to 20,300 rupiah from 25,600 rupiah, implies 12% decrease from last close. United Tractors average PT is 33,114 rupiah
United Tractors had 28 buys, 3 holds, 1 sell previously: Bloomberg data
Analysts lowered their consensus one-year target price for the stock by 2 percent in the past three months. Forecasts range from 20,300 rupiah to 42,000 rupiah.

BASE METALS: Nickel Drops on Indonesian Supply Speculation

(Bloomberg) -- Nickel declined, extending its retreat from the highest since 2014, as traders focused on the outlook for Indonesian supply. Prices in London surged last week on speculation Indonesia may soon ban ore exports. 

UOB Picks Indonesia’s Rate-Sensitive Stocks Amid Trade Tensions

(Bloomberg) -- Interest rate-sensitive stocks in the financial, automobile and property industries will pick up during a low interest-rate environment, according to UOB Kay Hian.
Indonesia is still fundamentally strong which will enable the country to weather the impact of U.S.-China trade war, given diversification of its exports and destinations, analyst Stevanus Juanda writes in report dated Aug. 12
The country can also gain from the relocation of Chinese manufacturing to Indonesia
“We believe the recent sell-off is an opportunity for investors to pick up names at discounted prices”
The broker’s top picks are Bank Negara Indonesia, Bank Mandiri, Bumi Serpong Damai, Gudang Garam, Wijaya Karya, Summarecon Agung and Astra International

Kalbe Farma Raised at CGS-CIMB as Tax Policy Seen Lifting Profit

(Bloomberg) -- Kalbe Farma likely to see a boost in earnings in 2020 due to the government’s new R&D super deduction tax policy, CGS-CIMB Sekuritas analyst Patricia Gabriela writes in Aug. 9 report.
Policy to boost Kalbe’s EPS 4%-6% as soon as 2020
“There could be further upside if the tax deduction applies to training expense”: CGS-CIMB
Kalbe historically allocates 250b-300b rupiah for R&D expenses; oncology and biological drugs are among factors seen boosting sales growth
Company expected to start commercial production of its biological drugs factory in 2020
Price adjustment for generic drugs and stronger rupiah will support Kalbe’s shares price, with depreciation of the currency as a downside risk
Raised to add from hold; PT increased to 1,700 rupiah from 1,500 rupiah

Goldman Sachs: Kekhawatiran Perang Dagang Berujung Resesi Meningkat
https://katadata.co.id/berita/2019/08/12/goldman-sach-kekhawatiran-perang-dagang-berujung-resesi-meningkat

Morgan Stanley: Indonesia Paling Tak Terimbas Perang Dagang
https://www.cnbcindonesia.com/news/20190812134818-4-91344/morgan-stanley-indonesia-paling-tak-terimbas-perang-dagang?utm_source=twitter&utm_medium=oa&utm_content=cnbcindonesia&utm_campaign=cmssocmed

Ekspor Bijih Nikel Bakal Dilarang Segera, Benarkah?
https://www.cnbcindonesia.com/news/20190812142404-4-91356/ekspor-bijih-nikel-bakal-dilarang-segera-benarkah?utm_source=twitter&utm_medium=oa&utm_content=cnbcindonesia&utm_campaign=cmssocmed

Moody's Downgrade Perusahaan Hary Tanoe, Makin Tak Meyakinkan
https://www.cnbcindonesia.com/market/20190812132323-17-91337/moodys-downgrade-perusahaan-hary-tanoe-makin-tak-meyakinkan

Waspada Investor! Agustus Kurang Bersahabat untuk IHSG
https://www.cnbcindonesia.com/market/20190812143526-17-91366/waspada-investor-agustus-kurang-bersahabat-untuk-ihsg

Yeay! 2 Indeks Baru Dirilis, Simak 30 Emiten Bervaluasi Murah
https://www.cnbcindonesia.com/market/20190812121105-17-91316/yeay-2-indeks-baru-dirilis-simak-30-emiten-bervaluasi-murah

Promo Hari Kemerdekaan RI - 74, discount Rp 3 juta, untuk Join Workshop CTASaham Jakarta VIP 25 Agustus, get free membership CTASaham. Proven sejak tahun 2010 (Pilpres 2019, FOMC, BI Rate, Trade War dll). (link: https://cta-saham.blogspot.com/2019/07/road-show-ctasaham-2019-workshop.html?m=1)



Kalbe Farma Upgraded to Add at CIMB; PT 1,700 Rupiah

(Bloomberg) -- CIMB analyst Patricia Gabriela upgraded the recommendation on Kalbe Farma Tbk PT to add from hold.
PT raised to 1,700 rupiah from 1,500 rupiah, implies 19% increase. Kalbe Farma average PT is 1,538 rupiah
Kalbe Farma had 6 buys, 13 holds, 4 sells previously: Bloomberg data
Analysts lowered their consensus one-year target price for the stock by 0.6 percent in the past three months. Forecasts range from 1,100 rupiah to 2,000 rupiah.

United Tractors PT Lowered at OCBC on Risk to Sales Target

(Bloomberg) -- Weak coal prices and agriculture demand are risks to United Tractors’ heavy equipment sales, and company’s full-year target may see a downward revision, according to OCBC Sekuritas.
Expects declining sales to persist in 2H, trims 2019 target to 3,800 units from 4,200 units, analyst Inav Haria Chandra writes in the report
Lowers full-year net income estimate 9% to 10.9t rupiah
Cuts PT to 29,000 rupiah from 32,000 rupiah in March, maintains buy
Significant drop in coal prices, liquidity outflows and pressure from customers, moves in emerging market equities and rupiah appreciation are among investment risks
Related story: United Tractors Seen Missing 2019 Heavy Equipment Sales Target

Bank Rakyat Indonesia Cuts Interest Rate by 50 Basis Points

(Bloomberg) -- Indonesia’s largest bank by assets lowers lending rate for its micro, retail and consumer segments, lender says in statement.
Reduction in interest follows Bank Indonesia’s move to lower benchmark interest rate by 25 bps last month
Faster loan approval process with the bank digitizing its credit services and lower interest rates may boost credit growth, Bank Rakyat President Director Suprajarto says in statement
Indonesia Pledges More Rate Cuts as It Moves to Spur Growth (1)

Astra Intl. Downgraded to Neutral at JPMorgan; PT 7,000 Rupiah

(Bloomberg) -- J.P. Morgan analyst Benny Kurniawan downgraded the recommendation on Astra International Tbk PT to neutral from overweight.
PT lowered to 7,000 rupiah from 8,200 rupiah, implies 1.4% increase from last close. Astra Intl. average PT is 8,124 rupiah
Astra Intl. had 21 buy, 9 holds, 1 sell previously: Bloomberg data
Analysts lowered their consensus one-year target price for the stock by 6.4 percent in the past three months. Forecasts range from 6,800 rupiah to 9,300 rupiah.

Lippo Karawaci Rated New Buy at Samuel Sekuritas; PT 380 Rupiah

(Bloomberg) -- Samuel Sekuritas Indonesia initiated coverage of Lippo Karawaci Tbk PT with a recommendation of buy.
PT set to 380 rupiah, implies 47% increase. Lippo Karawaci average PT is 333 rupiah
Lippo Karawaci had 4 buys, 0 holds, 2 sells previously: Bloomberg data
Analysts raised their consensus one-year target price for the stock by 11 percent in the past three months. Forecasts range from 260 rupiah to 793 rupiah.

Bank Danamon Reinstated Buy at Trimegah Securities

(Bloomberg) -- Trimegah Securities Tbk PT reinstated coverage of Bank Danamon Indonesia Tbk PT with a recommendation of buy.
PT set to 5,900 rupiah, implies 18% increase. Bank Danamon average PT is 5,199 rupiah
Bank Danamon had 3 buys, 9 holds, 1 sell previously: Bloomberg data
Analysts lowered their consensus one-year target price for the stock by 26 percent in the past three months. Forecasts range from 3,600 rupiah to 9,000 rupiah.

Indofood CBP Rated New Buy at Yuanta Securities

(Bloomberg) -- Yuanta Securities Investment Consulting Co. Ltd initiated coverage of Indofood CBP Sukses Makmur Tbk PT with a recommendation of buy.
PT set to 12,500 rupiah, implies 12% increase. Indofood CBP average PT is 11,585 rupiah
Indofood CBP had 21 buy, 5 holds, 2 sells previously: Bloomberg data
Analysts raised their consensus one-year target price for the stock by 8.9 percent in the past three months. Forecasts range from 8,300 rupiah to 12,500 rupiah.

Bullish SHFE Nickel Bets Expand as Prices Rally on Indonesia

(Bloomberg) -- Brokers on Shanghai Futures Exchange ramped up bullish bets on nickel, fueling this week’s rally, according to bourse data.
Top 20 brokers across most-traded September, October, November monthly contracts boost net-long position to 35,273 lots, from 9,815 lots week ago
Nickel’s aggregate open interest for all months rises to 794,240 lots, from 633,228 lots week ago
SHFE nickel price +10% this week on speculation about tightening of Indonesia export curbs

PALM OIL: Futures Head for Weekly Advance on Rally in Rival Oil

(Bloomberg) -- Palm futures headed for their highest close in more than three months as a surge in soybean oil prices in China and the U.S. prompted investors to buy the world’s most-consumed oil.

*JOKOWI TO DECIDE ON EARLY BAN ON NICKEL ORE EXPORTS: MINISTER


Global Funds Buy South Korean, Indian Bonds, Sell Indonesia Debt

(Bloomberg) -- Sold a net $72.1 million in Indian equities on Aug. 7, according to exchange data
Indonesia
Global funds sold a net $317.3 million in Indonesian bonds on Aug. 7, according to finance ministry data

Bought a net $18.1 million in country’s equities on Aug. 8, according to exchange data

Meski IHSG terkoreksi tetapi ada saja saham yang outperforml/naik hari ini, seperti saham: ACES ANTM BEST INCO BNLI FREN CTRA SMRA BKSL LPKR DMAS SMGR EXCL JSMR TINS ADHI PWON TINS TPIA BSDE MEDC LSIP MAPI LSIP LPCK GIAA DYAN TLKM UNVR WEGE WSKT.


IHSG capai target 2 GAP 6.257/6.033 (low 6.022 6/8); target USDIDR Rp 14.400 DONE (high 14.442 Bloomberg). Bad astrocycle masih picu volatilitas di IHSG





(link: https://www.cnbcindonesia.com/market/20190806115657-17-90130/pasar-saham-as-rugi-rp-19600-t-dalam-4-hari-kok-bisa) 

Awal Agustus Sudah Anjlok 4%, Pagi IHSG Mulai Sprint
https://www.cnbcindonesia.com/market/20190807094234-17-90342/awal-agustus-sudah-anjlok-4-pagi-ihsg-mulai-sprint

10 Tahun Berat bagi Industri CPO, Indosat Rugi Rp 331 M
https://www.cnbcindonesia.com/market/20190807083349-17-90328/10-tahun-berat-bagi-industri-cpo-indosat-rugi-rp-331-m

Saat IHSG Tak Bersahabat, Apa Saja Saham Pilihan Broker?
https://www.cnbcindonesia.com/market/20190807082052-17-90324/saat-ihsg-tak-bersahabat-apa-saja-saham-pilihan-broker

Permintaan Bertambah, Harga Batu Bara Acuan Naik Tipis
https://www.cnbcindonesia.com/market/20190807113612-17-90389/permintaan-bertambah-harga-batu-bara-acuan-naik-tipis

Kompak naik, pagi ini pergerakan BMRI, BBRI, BBNI, BBTN, & BBCA
https://www.blogger.com/u/1/blogger.g?blogID=5551282461521969252#overviewstats/postNum=0

5 Hari Cetak Rekor, Harga Emas Antam Hari Ini Kian Melesat!
https://www.cnbcindonesia.com/investment/20190807095055-21-90347/5-hari-cetak-rekor-harga-emas-antam-hari-ini-kian-melesat

Pemerintah Tarik Utang (Lagi), Cadangan Devisa RI Naik US$ 2M
https://www.cnbcindonesia.com/market/20190807104502-17-90372/pemerintah-tarik-utang--lagi--cadangan-devisa-ri-naik-us--2m

Banyak permintaan, BEI akan terus meluncurkan indeks baru
https://investasi.kontan.co.id/news/banyak-permintaan-bei-akan-terus-meluncurkan-indeks-baru

Saham BBRI (Bank BRI) longsor 3,98%, ini PER dan PBV terbaru (6/8)
https://investasi.kontan.co.id/news/saham-bbri-bank-bri-longsor-398-ini-per-dan-pbv-terbaru-68

Saham BBCA (Bank BCA) anjlok 2,00%, PER dan PBV semakin mini (6/8)
https://investasi.kontan.co.id/news/saham-bbca-bank-bca-anjlok-200-per-dan-pbv-semakin-mini-68

Saham BBNI (Bank BNI) turun 1,26%, PER dan PBV-nya kian susut (6/8)
https://investasi.kontan.co.id/news/saham-bbni-bank-bni-turun-126-per-dan-pbv-nya-kian-susut-68

Saham BBTN (Bank BTN) turun 1,33%, ini PER dan PBV terkini (6/8)

https://investasi.kontan.co.id/news/saham-bbtn-bank-btn-turun-133-ini-per-dan-pbv-terkini-68

Investor Asing Jualan Rp 2 T, IHSG Jatuh 4 Hari Beruntun!
https://www.cnbcindonesia.com/market/20190806164301-17-90230/investor-asing-jualan-rp-2-t-ihsg-jatuh-4-hari-beruntun

Bank Rakyat Indonesia Raised to Add at PT Sinarmas

(Bloomberg) -- PT Sinarmas Sekuritas analyst Evan Lie Hadiwidjaja upgraded the recommendation on Bank Rakyat Indonesia Persero Tbk PT to add from neutral.
PT raised to 4,700 rupiah from 3,920 rupiah, implies 14% increase. Bank Rakyat Indonesia average PT is 4,710 rupiah
Bank Rakyat Indonesia had 21 buy, 11 hold, 0 sells previously: Bloomberg data
Analysts raised their consensus one-year target price for the stock by 2.6 percent in the past three months. Forecasts range from 4,200 rupiah to 5,500 rupiah.

Antam, Vale Indonesia Jump as Nickel Set For 13-Mo. High

(Bloomberg) -- Shares of Indonesia’s nickel miners snap 3 days of losses as price of the commodity rises in London Metal Exchange.
State miner Antam rises as much as 9.9%, most in 8 weeks
Vale Indonesia +6.1%, most in 6 weeks
NOTE: Nickel gains for second day and set for the highest close since June 2018

Sebelum IHSG Ambruk, Dana Pensiun Borong Saham Rp 1,9 T
https://www.cnbcindonesia.com/market/20190806151350-17-90213/sebelum-ihsg-ambruk-dana-pensiun-borong-saham-rp-19-t

Beli HP BM Sebelum Februari 2020, Masih Bisa Dipakai di RI?
https://www.cnbcindonesia.com/tech/20190806151954-37-90193/beli-hp-bm-sebelum-februari-2020-masih-bisa-dipakai-di-ri

IHSG Ambruk, Ini Rekomendasi Lo Kheng Hong!
https://www.cnbcindonesia.com/market/20190806091056-17-90070/ihsg-ambruk-ini-rekomendasi-lo-kheng-hong

Penurunan IHSG menyempit, ini saham-saham dengan net buy terbesar asing
https://investasi.kontan.co.id/news/penurunan-ihsg-menyempit-ini-saham-saham-dengan-net-buy-terbesar-asing


Samuel Asset Picks Quality Indonesia Defensives Amid Global Rout

(Bloomberg) -- With investors in Indonesia stocks in wait-and-see mode as market corrections across Asia continue, Samuel Asset Management is keeping its focus on defensives, chief economist Lana Soelistianingsih said by phone.
“We prefer less risky stocks,” said Soelistianingsih
Likes stocks related to domestic economy, telecommunications and consumer goods
Global factors triggered by U.S.-China trade tension are playing bigger role in correction than domestic factors
State-owned firms, whose investment decisions are accountable to Supreme Audit Agency, may wait until rout subsides, Soelistianingsih says
JCI down 1% at break, heading for 4th day of losses
NOTE: Indonesia Stocks Starting to Look Appealing After Drop: Sinarmas

Indonesia Stocks Starting to Look Appealing After Drop: Sinarmas

(Bloomberg) -- Valuations of Indonesian equities are starting to look appealing after the recent drop in the Jakarta Composite Index, Jeffrosenberg Tan, the head of investment strategy at Sinarmas Sekuritas, says by text message.
Tan expects to see some more downside in overall market, but recommends clients to buy Bank Rakyat Indonesiak, which he thinks has the best balance sheet among the country’s state- owned banks
Bank Rakyat Indonesia -7.4% this week, the most among the country’s state-owned lenders
Jakarta Composite Index traded at 14.4x of its projected earnings, below its 5-year avg. of 15x, according to data compiled by Bloomberg

Credit Suisse Adds More Weight to South Asia in Stock Allocation

(Bloomberg) -- Investors may be better off holding South Asia stocks as escalation in trade war may lower global rates, weaken yuan and push up the U.S. dollar, strategists Dan Fineman and Kin Nang Chik wrote in note Monday.
Upgrades India and Indonesia stocks to overweight and increases weighting of Malaysia saying the trio has negative correlation with bond yields, high real rates and low sensitivity to the U.S. dollar and yuan
Fund the upgrades by reducing Hong Kong and China stocks to small underweight
Warns that trade war may cause additional risks for the second half of this year
Asia ex-Japan stock valuations are not clearly cheap and consensus earnings estimates still seem too optimistic


Seram! Ancaman Baru Bagi IHSG Bernama Currency War
https://www.cnbcindonesia.com/market/20190805155052-17-89923/seram-ancaman-baru-bagi-ihsg-bernama-currency-war?utm_source=twitter&utm_medium=oa&utm_content=cnbcindonesia&utm_campaign=cmssocmed

Kacau! E-commerce yang Disuntik Asing Bikin CAD Makin Parah
https://www.cnbcindonesia.com/tech/20190805132558-37-89896/kacau-e-commerce-yang-disuntik-asing-bikin-cad-makin-parah?utm_source=twitter&utm_medium=oa&utm_content=cnbcindonesia&utm_campaign=cmssocmed

Mengecewakan! Laba Penghuni LQ45 Turun, Astra Terburuk
https://www.cnbcindonesia.com/market/20190805132519-17-89880/mengecewakan-laba-penghuni-lq45-turun-astra-terburuk?utm_source=twitter&utm_medium=oa&utm_content=cnbcindonesia&utm_campaign=cmssocmed

Ini Jawara Pencetak Laba Terbesar Semester I-2019 Emiten LQ45

https://www.cnbcindonesia.com/market/20190805122240-17-89852/ini-jawara-pencetak-laba-terbesar-semester-i-2019-emiten-lq45?utm_source=twitter&utm_medium=oa&utm_content=cnbcindonesia&utm_campaign=cmssocmed

Perekonomian Loyo, IHSG Alami Hari Terburuk Sejak 25 Maret
https://www.cnbcindonesia.com/market/20190805115303-17-89842/perekonomian-loyo-ihsg-alami-hari-terburuk-sejak-25-maret

Jakarta Composite Falls to 7-Week Low as Banks, Consumers Drop

(Bloomberg) -- Indonesian equities index dropped as much as 1.4%, lowest since June 18, led by retreats in financial and consumer stocks.
Bank Rakyat Indonesia -3.37%, Bank Mandiri -2.61%, Bank Negara Indonesia -1.85%
Unilever Indonesia -2.61%, HM Sampoerna -2.61%, Charoen Pokphand Indonesia -2.86%
Rupiah 14.275 -0.67% at 12.55 am Jakarta time, falling for 3rd consecutive trading day
NOTE: China’s Yuan Tumbles, Stocks Plunge, Yen Climbs: Markets Wrap

Indonesia Raises Aug. Coal Benchmark Price to $72.67/T: Ministry

*INDONESIA RAISES OIL PRICE TO $61.32/BARREL IN JULY: MINISTRY


PALM OIL: Futures Jump to 2-Month High on China Demand Optimism

Gudang Garam’s PT Cut on Falling Gross Profit Margin: Mirae

(Bloomberg) -- Gudang Garam’s gross profit margin may fall slightly below estimate as the company wasn’t fast enough to raise selling prices in 1H, Mirae Asset Sekuritas says in a report.
PT cut to 89,000 rupiah from 91,000 rupiah, trading buy maintained, analyst Christine Natasya writes
2Q bottom line at 1.92t rupiah was lower than previously expected (reported 1H results July 31)
Further price hikes appear unlikely for 2H

Telkom Indonesia Cut to Neutral at Trimegah Securities

(Bloomberg) -- Trimegah Securities Tbk PT analyst Sebastian Tobing downgraded the recommendation on Telekomunikasi Indonesia Persero Tbk PT to neutral from buy.
PT raised to 4,500 rupiah from 4,100 rupiah, implies 5.1% increase. Telkom Indonesia average PT is 4,602 rupiah
Telkom Indonesia had 21 buy, 6 holds, 1 sell previously: Bloomberg data
Analysts raised their consensus one-year target price for the stock by 6.4 percent in the past three months. Forecasts range from 3,610 rupiah to 5,250 rupiah.

Telkom Indonesia Cut to Neutral at Trimegah Securities

(Bloomberg) -- Trimegah Securities Tbk PT analyst Sebastian Tobing downgraded the recommendation on Telekomunikasi Indonesia Persero Tbk PT to neutral from buy.
PT raised to 4,500 rupiah from 4,100 rupiah, implies 5.1% increase. Telkom Indonesia average PT is 4,602 rupiah
Telkom Indonesia had 21 buy, 6 holds, 1 sell previously: Bloomberg data
Analysts raised their consensus one-year target price for the stock by 6.4 percent in the past three months. Forecasts range from 3,610 rupiah to 5,250 rupiah.

Telkom Indonesia Raised to Buy at Kresna Graha; PT 4,850 Rupiah

(Bloomberg) -- Kresna Securities analyst Etta Putra upgraded the recommendation on Telekomunikasi Indonesia Persero Tbk PT to buy from hold.
PT raised to 4,850 rupiah from 3,700 rupiah, implies 13% increase from last close. Telkom Indonesia average PT is 4,570 rupiah
Telkom Indonesia had 21 buy, 6 holds, 1 sell previously: Bloomberg data
Analysts raised their consensus one-year target price for the stock by 6.5 percent in the past three months. Forecasts range from 3,610 rupiah to 5,250 rupiah.

Alam Sutera Downgraded to Hold at UOB Kay Hian; PT 340 Rupiah

(Bloomberg) -- UOB Kay Hian analyst Silvia Dwiputri downgraded the recommendation on Alam Sutera Realty Tbk PT to hold from buy.
PT lowered to 340 rupiah from 390 rupiah, implies 7.6% increase. Alam Sutera average PT is 375 rupiah
Alam Sutera had 7 buys, 6 holds, 2 sells previously: Bloomberg data
Analysts raised their consensus one-year target price for the stock by 0.5 percent in the past three months. Forecasts range from 255 rupiah to 490 rupiah.

Pembangunan Perumahan Cut to Add at PT Sinarmas; PT 2,230 Rupiah

(Bloomberg) -- PT Sinarmas Sekuritas analyst Anthony Angkawijaya downgraded the recommendation on PP Persero Tbk PT to add from buy.
PT lowered to 2,230 rupiah from 2,980 rupiah, implies 12% increase from last close. Pembangunan Perumahan average PT is 2,646 rupiah
Pembangunan Perumahan had 21 buy, 3 holds, 0 sells previously: Bloomberg data
Analysts lowered their consensus one- year target price for the stock by 6.3 percent in the past three months. Forecasts range from 2,170 rupiah to 4,190 rupiah.

Surya Semesta Internusa Raised to Buy at Ciptadana

(Bloomberg) -- Ciptadana Sekuritas analyst Yasmin Soulisa upgraded the recommendation on Surya Semesta Internusa Tbk PT to buy from hold.
PT raised to 920 rupiah from 670 rupiah, implies 12% increase from last close. Surya Semesta Internusa average PT is 988 rupiah
Surya Semesta Internusa had 8 buys, 3 holds, 0 sells previously: Bloomberg data
Analysts raised their consensus one- year target price for the stock by 39 percent in the past three months. Forecasts range from 480 rupiah to 1,280 rupiah.

Investor sudah mengantisipasi penurunan suku bunga The Fed 
(link: https://m.kontan.co.id/news/investor-sudah-mengantisipasi-penurunan-suku-bunga-the-fed-ini-arah-ihsg-berikutnya) 
Indonesian Earnings Disappoint on Slow Growth
(link: https://www.bloomberg.com/news/articles/2019-07-31/indonesian-earnings-disappoint-most-in-19-months-on-slow-growth) 

IHSG masih sesuai strategy CTA, jelang data Payroll AS 2/8, GDP Q2 RI 5/8 
(link: https://cta-saham.blogspot.com/?m=1) 


Cable sinks below 1.21 for the first time 
(link: https://www.forexlive.com/technical-analysis/!/cable-sinks-below-121-for-the-first-time-since-january-2017-20190801) 
Gold struggles near 2-week lows 
(link: https://www.fxstreet.com/news/gold-struggles-near-2-week-lows-1400-mark-remains-in-sight-201908010746) 

CTAFX Gold predictions came true, Fed cut only 25 bsp, less dovish, sold & bought Gold & GBPUSD ahead U.S Payroll.



Waskita Karya Upgraded to Add at PT Sinarmas; PT 2,280 Rupiah

(Bloomberg) -- PT Sinarmas Sekuritas analyst Anthony Angkawijaya upgraded the recommendation on Waskita Karya Persero Tbk PT to add from neutral.
PT raised to 2,280 rupiah from 2,120 rupiah, implies 15% increase. Waskita Karya average PT is 2,259 rupiah
Waskita Karya had 14 buys, 8 holds, 2 sells previously: Bloomberg data
Analysts lowered their consensus one-year target price for the stock by 1.4 percent in the past three months. Forecasts range from 1,580 rupiah to 4,870 rupiah.

Global Mediacom Rises to 4-Week High as 1H Net Income Jumps 142%

(Bloomberg) -- Shares gained as much as 5.7%, most since July 3, after the media company reported a 142% jump in its 1H net income.
1H revenue rose 12% y/y to 6.36t rupiah, driven by strong growth in advertising and content business, co. says in statement Wednesday

Telkom Indonesia Cut to Hold at Indo Premier Securities

(Bloomberg) -- Indo Premier Securities analyst Paula Ruth downgraded the recommendation on Telekomunikasi Indonesia Persero Tbk PT to hold from buy.
PT raised to 4,400 rupiah from 4,300 rupiah, implies 2.3% increase from last close. Telkom Indonesia average PT is 4,480 rupiah
Telkom Indonesia had 24 buys, 5 holds, 1 sell previously: Bloomberg data
Analysts raised their consensus one-year target price for the stock by 4 percent in the past three months. Forecasts range from 3,610 rupiah to 5,250 rupiah.

HM Sampoerna Upgraded to Buy at PT Sinarmas; PT 3,640 Rupiah

(Bloomberg) -- PT Sinarmas Sekuritas analyst Wilbert Ham upgraded the recommendation on Hanjaya Mandala Sampoerna Tbk PT to buy from add.
PT lowered to 3,640 rupiah from 4,360 rupiah, implies 20% increase from last close. HM Sampoerna average PT is 3,705 rupiah
HM Sampoerna had 23 buys, 7 holds, 0 sells previously: Bloomberg data
Analysts lowered their consensus one-year target price for the stock by 10 percent in the past three months. Forecasts range from 2,950 rupiah to 4,640 rupiah.

PP London Sumatra Cut to Hold at Indo Premier Securities

(Bloomberg) -- Indo Premier Securities analyst Frederick Daniel Tanggela downgraded the recommendation on Perusahaan Perkebunan London Sumatra Indonesia Tbk PT to hold from buy.
PT lowered to 1,100 rupiah from 1,300 rupiah, implies 3.8% increase from last close. PP London Sumatra average PT is 1,279 rupiah
PP London Sumatra had 13 buys, 4 holds, 1 sell previously: Bloomberg data
Analysts lowered their consensus one-year target price for the stock by 9.9 percent in the past three months. Forecasts range from 1,030 rupiah to 2,000 rupiah.

Astra Agro Downgraded to Hold at Ciptadana; PT 10,800 Rupiah

(Bloomberg) -- Ciptadana Sekuritas analyst Yasmin Soulisa downgraded the recommendation on Astra Agro Lestari Tbk PT to hold from buy.
PT lowered to 10,800 rupiah from 12,400 rupiah, implies 8.3% increase from last close. Astra Agro average PT is 11,753 rupiah
Astra Agro had 12 buys, 5 holds, 1 sell previously: Bloomberg data
Analysts lowered their consensus one-year target price for the stock by 11 percent in the past three months. Forecasts range from 10,200 rupiah to 16,500 rupiah.

Surya Citra Rated New Buy at Trimegah Securities

(Bloomberg) -- Trimegah Securities Tbk PT initiated coverage of Surya Citra Media Tbk PT with a recommendation of buy.
PT set to 2,000 rupiah, implies 32% increase. Surya Citra average PT is 2,186 rupiah
Surya Citra had 13 buys, 3 holds, 0 sells previously: Bloomberg data
Analysts raised their consensus one-year target price for the stock by 0 percent in the past three months. Forecasts range from 1,600 rupiah to 3,550 rupiah.

Aneka Tambang’s 1H Nickel Ore Sales Double to 3.9 Million Tons

(Bloomberg) -- Nickel ore production rose 27% Y/y to 4.79m metric tons in Jan.-June period, the Indonesian state miner says in stock exchange filing.
1H total unaudited net sales +22% Y/y to 14.43t rupiah
1H ferronickel sales +5% Y/y to 13,157 TNi
Ferronickel output +2% Y/y to 13,017 TNi

Bank Rakyat Indonesia First Half Net Income 16.3 Trln Rupiah

(Bloomberg) -- Bank Rakyat Indonesia reported net income for the first half of 16.3 trillion rupiah, +9.5% y/y.
1H net interest income 38.7 trillion rupiah, +1.3% y/y
1H EPS 133 rupiah vs. 122 rupiah y/y

Summarecon Agung Reinstated Buy at Bahana Securities

(Bloomberg) -- Bahana Securities reinstated coverage of Summarecon Agung Tbk PT with a recommendation of buy.
PT set to 1,450 rupiah, implies 12% increase. Summarecon Agung average PT is 1,310 rupiah
Summarecon Agung had 14 buys, 12 holds, 2 sells previously: Bloomberg data
Analysts raised their consensus one-year target price for the stock by 12 percent in the past three months. Forecasts range from 610 rupiah to 1,700 rupiah.

Gudang Garam Raised to Buy at Bahana Securities

(Bloomberg) -- Bahana Securities analyst Giovanni Dustin upgraded the recommendation on Gudang Garam Tbk PT to buy from hold.
PT raised to 90,200 rupiah from 82,500 rupiah, implies 20% increase. Gudang Garam average PT is 92,885 rupiah
Gudang Garam had 28 buys, 2 holds, 1 sell previously: Bloomberg data
Analysts raised their consensus one-year target price for the stock by 1.6 percent in the past three months. Forecasts range from 60,500 rupiah to 100,000 rupiah.

CGS-CIMB Raises Surya Semesta’s PT on High Land Pre-Sales

(Bloomberg) -- Surya Semesta Internusa’s price target was raised to 1,280 rupiah from 850 rupiah on expectations that potential land revenue bookings in 2H will turn around the bottom line, according to CGS-CIMB.
Surya Semesta’s 1H operational results, excluding land, were inline with the brokerage’s estimates, analyst Aurelia Barus writes in a report
Company could book higher-than-expected land pre-sales of up to 20ha, higher than 15ha estimated by CGS- CIMB
Weaker-than-expected land pre-sales, construction job wins and construction revenue seen as downside risks

XL Axiata First Half Net Income 282.4 Bln Rupiah

(Bloomberg) -- XL Axiata reported net income for the first half of 282.4 billion rupiah vs. loss 81.70 billion rupiah y/y.
1H revenue 12.26 trillion rupiah, +11% y/y
1H EPS 26 rupiah vs. loss/share 8 rupiah y/y
NOTE:
27 buys, 2 holds, 0 sells

Garuda Indonesia First Half Net Income $24.1 Mln

(Bloomberg) -- Garuda Indonesia reported net income for the first half of $24.1 million vs. loss $116.9 million y/y.
1H revenue $2.19 billion, +9.5% y/y
NOTE:
4 buys, 1 hold, 3 sells

Inflasi Juli Tinggi, Lagi-Lagi Bahan Pangan Jadi Biang Kerok
https://www.cnbcindonesia.com/market/20190801121021-17-89094/inflasi-juli-tinggi-lagi-lagi-bahan-pangan-jadi-biang-kerok

Pantaskah 3 Saham Ini Masuk MSCI Asia? Simak Kinerjanya
https://www.cnbcindonesia.com/market/20190801113921-17-89078/pantaskah-3-saham-ini-masuk-msci-asia-simak-kinerjanya

Naik 7,73%, Sektor Industri Dasar Juara IHSG Bulan Juli
https://www.cnbcindonesia.com/market/20190801100116-19-89038/naik-773-sektor-industri-dasar-juara-ihsg-bulan-juli

Meski Diserbu E-Commerce, Laba Peritel Meroket! Ini Jawaranya
https://www.cnbcindonesia.com/market/20190801113535-17-89076/meski-diserbu-e-commerce-laba-peritel-meroket-ini-jawaranya

14 Tahun Digdaya, Kenapa Omzet HMSP Disalip Gudang Garam?
https://www.cnbcindonesia.com/market/20190801151929-17-89168/14-tahun-digdaya-kenapa-omzet-hmsp-disalip-gudang-garam

Kabar Gembira! Pajak Reksa Dana Dipatok 0% Hingga 2020
https://www.cnbcindonesia.com/news/20190801142517-4-89148/kabar-gembira-pajak-reksa-dana-dipatok-0-hingga-2020

RUPSLB Tetapkan Dirut Baru, Saham ISAT Sudah Meroket 100%
https://www.cnbcindonesia.com/market/20190801134826-17-89137/rupslb-tetapkan-dirut-baru-saham-isat-sudah-meroket-100

The Fed Pangkas Bunga, BI Mau Turunkan Juga?
https://www.cnbcindonesia.com/news/20190801131106-4-89117/the-fed-pangkas-bunga-bi-mau-turunkan-juga

Perang Dagang AS-China Bikin Harga CPO Kian Merana
https://www.cnbcindonesia.com/market/20190801102437-17-89048/perang-dagang-as-china-bikin-harga-cpo-kian-merana

IMF Says Indonesia Economy Expected to Grow 5.2% This Year, Next

(Bloomberg) -- Real GDP growth to remain stable this year and next at 5.2% and rise to potential level of 5.3% in medium term, driven by strong domestic demand, international lender says in annual Article IV report on Indonesian economy.
Central bank has scope for cautious easing, IMF says
Current- account deficit expected to continue gradual decline over medium term to 2.6% of GDP, while fiscal deficit should remain stable at 1.8%
Downside risks to outlook include trade tensions, tighter global financial conditions, slowing China growth and large swings in prices of commodities such as oil

Indonesia Plans to Review Rules on State Firms to Attract FDI

(Bloomberg) -- Review on existing rules aims to increase foreign direct investments in the country, according to Finance Minister Sri Mulyani Indrawati.
High dominance of state firms will discourage foreign investors, Indrawati says in a discussion in Jakarta on Thursday
NOTE: Indonesia’s 2Q Foreign Direct Investment Rises 9.6% Y/y (1)

PALM OIL: Prices Drop as Petroleum Tumble Damps Biofuel Appeal

(Bloomberg) -- Palm oil futures retreated as a sharp decline in petroleum prices potentially made the tropical oil less attractive for blending into biofuel and as India raised its benchmark import prices

UBS Favors IDR, INR and ZAR for Carry Amid Low-Rate Environment

(Bloomberg) -- Indonesia’s rupiah, India’s rupee and the South African rand should benefit from a favorable carry environment, as well as steady global and emerging-market economic activity, according to UBS.
Firm is overweight the above higher-yielding EM currencies against a basket of lower-yielding currencies -- Australian, New Zealand and Taiwan dollars, Mark Haefele, chief investment officer at UBS Global Wealth Management. and UBS AG strategists including Jon Gordon wrote in a July 31 note
UBS sees “good long- term value” in EM sovereign bonds; with spreads of around 330bps over U.S. Treasuries, dollar-denominated EM sovereign bonds are “particularly attractive”
Market expectations for two or three additional 25bps rate cuts by the end of 2020 after the Fed’s move Wednesday are “excessive” given the relative resilience of the U.S. economy to-date and recent evidence that suggests inflation may be bottoming out
“Barring a marked deterioration in the economic outlook,” UBS expects Fed to cut by 25bps more and then stay on hold through end of 2020