bulan-baik-dan-bulan-jelek-untuk-berinvestasi-saham

JP Morgan beri rekomendasi overweight untuk saham Perusahaan Gas Negara (PGAS)

https://investasi.kontan.co.id/news/jp-morgan-beri-rekomendasi-overweight-untuk-saham-perusahaan-gas-negara-pgas

4 Faktor Ini Bakal Bikin Dag-Dig-Dug Pasar https://cnbcindonesia.com/market/20190922173520-17-101270/catat-4-faktor-ini-bakal-bikin-dag-dig-dug-pasar-pekan-depan

Beli Saham HMSP & GGRM di Harga Tinggi, Lepas atau Tahan? https://cnbcindonesia.com/market/20190921193901-17-101236/beli-saham-hmsp-ggrm-di-harga-tinggi-lepas-atau-tahan-nih

IHSG masih berpotensi bergerak menguat pekan depan
https://m.kontan.co.id/news/ihsg-masih-berpotensi-bergerak-menguat-pada-pekan-depan

Takut Resesi, The Fed Pangkas Suku Bunga Lagi https://cnbcindonesia.com/market/20190919062425-17-100542/takut-resesi-the-fed-pangkas-suku-bunga-lagi?utm_source=notifikasi&utm_campaign=browser&utm_medium=mobile

Tunggu Keputusan Suku Bunga BI, Simak Saham-Saham Ini https://cnbcindonesia.com/market/20190919080635-17-100556/tunggu-keputusan-suku-bunga-bi-simak-saham-saham-ini

Sesuai ekspektasi CTASaham, the Fed akan cut 25 bsp, less Dovish, bisa picu penguatan USD.

HM Sampoerna Cut to Hold at Mirae Asset Daewoo; PT 2,500 Rupiah

(Bloomberg) -- Mirae Asset Daewoo Co.,Ltd. analyst Christine Natasya downgraded the recommendation on Hanjaya Mandala Sampoerna Tbk PT to hold from under review.
PT set to 2,500 rupiah, implies 6.8% increase. HM Sampoerna average PT is 3,117 rupiah
HM Sampoerna had 18 buys, 7 holds, 5 sells previously: Bloomberg data
Analysts lowered their consensus one-year target price for the stock by 23 percent in the past three months. Forecasts range from 1,700 rupiah to 4,500 rupiah.

Ace Hardware Rated New Hold at HSBC; PT 1,855 Rupiah

(Bloomberg) -- HSBC initiated coverage of Ace Hardware Indonesia Tbk PT with a recommendation of hold.
PT set to 1,855 rupiah, implies 6.6% increase from last close. Ace Hardware average PT is 1,738 rupiah
Ace Hardware had 6 buys, 13 holds, 5 sells previously: Bloomberg data
Analysts lowered their consensus one-year target price for the stock by 2.9 percent in the past three months. Forecasts range from 1,220 rupiah to 2,000 rupiah.

Mitra Adiperkasa Reinstated at HSBC With Buy; PT 1,270 Rupiah

(Bloomberg) -- HSBC reinstated coverage of Mitra Adiperkasa Tbk PT with a recommendation of buy.
PT set to 1,270 rupiah, implies 29% increase from last close. Mitra Adiperkasa average PT is 1,221 rupiah
Mitra Adiperkasa had 17 buys, 3 holds, 0 sells previously: Bloomberg data
Analysts raised their consensus one-year target price for the stock by 7 percent in the past three months. Forecasts range from 765 rupiah to 1,350 rupiah.

Mayora Indah Rated New Buy at HSBC; PT 3,145 Rupiah

(Bloomberg) -- HSBC initiated coverage of Mayora Indah Tbk PT with a recommendation of buy.
PT set to 3,145 rupiah, implies 31% increase from last close. Mayora Indah average PT is 2,870 rupiah
Mayora Indah had 12 buys, 4 holds, 1 sell previously: Bloomberg data
Analysts lowered their consensus one-year target price for the stock by 1.7 percent in the past three months. Forecasts range from 2,000 rupiah to 3,300 rupiah.

Pembangunan Perumahan Rated New Buy at HSBC; PT 2,750 Rupiah

(Bloomberg) -- HSBC initiated coverage of PP Persero Tbk PT with a recommendation of buy.
PT set to 2,750 rupiah, implies 54% increase from last close. Pembangunan Perumahan average PT is 2,560 rupiah
Pembangunan Perumahan had 21 buy, 2 holds, 1 sell previously: Bloomberg data
Analysts lowered their consensus one-year target price for the stock by 6.7 percent in the past three months. Forecasts range from 1,650 rupiah to 4,190 rupiah.

Waskita Beton Precast Rated New Hold at HSBC; PT 390 Rupiah

(Bloomberg) -- HSBC initiated coverage of Waskita Beton Precast Tbk PT with a recommendation of hold.
PT set to 390 rupiah, implies 17% increase from last close. Waskita Beton Precast average PT is 446 rupiah
Waskita Beton Precast had 6 buys, 3 holds, 0 sells previously: Bloomberg data
Analysts lowered their consensus one-year target price for the stock by 6.9 percent in the past three months. Forecasts range from 344 rupiah to 880 rupiah.

Waskita Karya Rated New Buy at HSBC; PT 2,330 Rupiah

(Bloomberg) -- HSBC initiated coverage of Waskita Karya Persero Tbk PT with a recommendation of buy.
PT set to 2,330 rupiah, implies 40% increase from last close. Waskita Karya average PT is 2,263 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 0.6 percent in the past three months. Forecasts range from 1,580 rupiah to 4,870 rupiah.

Industri Jamu Rated New Hold at HSBC; PT 1,320 Rupiah

(Bloomberg) -- HSBC initiated coverage of Industri Jamu Dan Farmasi Sido Muncul Tbk PT with a recommendation of hold.
PT set to 1,320 rupiah, implies 13% increase from last close. Industri Jamu average PT is 1,198 rupiah
Industri Jamu had 7 buys, 1 hold, 0 sells previously: Bloomberg data
Analysts raised their consensus one-year target price for the stock by 4.2 percent in the past three months. Forecasts range from 610 rupiah to 1,320 rupiah

Gudang Garam Cut to Hold at Mirae Asset Daewoo; PT 57,000 Rupiah

(Bloomberg) -- Mirae Asset Daewoo Co.,Ltd. analyst Christine Natasya downgraded the recommendation on Gudang Garam Tbk PT to hold from under review.
PT set to 57,000 rupiah, implies 3% increase from last close. Gudang Garam average PT is 78,920 rupiah
Gudang Garam had 21 buy, 4 holds, 5 sells previously: Bloomberg data
Analysts lowered their consensus one-year target price for the stock by 15 percent in the past three months. Forecasts range from 47,700 rupiah to 100,000 rupiah.

ASIA COAL: China Futures Head for Three-Week Low as Demand Wanes

(Bloomberg) -- Thermal coal for November -0.4% to 583.6 yuan/ton on Zhengzhou Commodity Exchange as of 10:09am local time, heading for lowest close since end-August.
Futures -0.8% so far this week, set to extend last week’s -0.9%
“As temperatures cool, daily coal consumption by power plants will gradually drop, with prospects for a steeper slump in southern regions,” Shanghai Cifco Futures says in note
“However we believe coal import restrictions will be tightened, so there might not be much room for further price declines,” the Chinese brokerage says
NOTE: Daily coal use of six major coastal power plants falls to 681.8k tons on Thursday from 731.4k tons the prior week: CCTD
Australian Newcastle coal futures for October -0.3% to $68.60/ton on Thursday
NOTE: Zhengzhou contract based on coal with calorific value of 5,500 kcal/kg; Newcastle is 6,000 kcal/kg

Setelah CTASaham rilis 4 chart (Dow Fut Gold Oil GBPUSD), now IHSG mengalami koreksi setelah break neckline H&S di 6.330 Jumat (13/9), isi gap 6.269/6.224 (terisi di sesi 2 16/9). Koreksi IHSG dalam 3 hari terakhir sesuai dengan WARNING CTASaham (9-11 Sept) adanya bad astrocycle & sell signal di sektor konsumsi (30 Agustus).

What next & where the bottom of IHSG in 2019? (Khusus member CTASaham). Pick with good fundamental, good news, technically in accumulation, oversold & bullish divergence 🙏👍

Inilah Sentimen Penggerak Pasar Pekan Depan

https://t.co/uea1F8C2lv

Week ahead: US-China trade, UK Parliament, oil prices in focus https://t.co/ZZKTUBtqs9

Kenaikan harga minyak akibat serangan drone di Arab hanya sementara

https://t.co/3nb7B4eUhI

IHSG masih terjebak dalam range gap & astrocycle (terbukti hingga Senin 16/9). Sektor pilihan: Basic Industry, Mining, Trade. BOW: finance consumer infra property (+ konstruksi).

4 charts DJI FUTURES, GOLD, CRUDE OIL, GBPUSD, periode medium term, petunjuk trading saham & komoditas (IHSG saham komoditas) efek Brexit Trade war (chart pattern & Elliott wave bisa berbeda view dengan Analis T.A lainnya).

Gold still in a consolidation daily bearish divergence vs intraday oversold, trading range $1.495 - $ 1.525 before the majosemknarr breakout move ahead of FOMC Meeting next week (Sept 17-18).

Perusahaan Gas Negara Tbk PT Reinstated Buy at Samuel Sekuritas

(Bloomberg) -- Samuel Sekuritas Indonesia reinstated coverage of Perusahaan Gas Negara Tbk PT with a recommendation of buy.
PT set to 2,400 rupiah, implies 21% increase. Perusahaan Gas Negara Tbk PT average PT is 2,428 rupiah
Perusahaan Gas Negara Tbk PT had 14 buys, 4 holds, 2 sells previously: Bloomberg data
Analysts lowered their consensus one-year target price for the stock by 6.2 percent in the past three months. Forecasts range from 1,650 rupiah to 3,120 rupiah.

Indonesian Telco Stocks Favored Most by RHB on Strong Data Usage

(Bloomberg) -- Indonesia is RHB’s only overweight in Asean-4 telecommonucations, based on its undemanding valuations and superior growth prospects.
2Q mobile service revenue grew more in Indonesia than in Malaysia, Singapore and Thailand; due to strong mobile data usage, data yield expansion and seasonality factors, such as Eid al-Fitr holidays, analysts Jeffrey Tan, Michael Wilson Setjoadi and Kasamapon Hamnilrat write in report dated Sept. 13
Preferred pick is XL Axiata due to M&A news that should help drive sentiment

Telkom May Face Tough Battle Against PLN’s Internet Service: UOB

(Bloomberg) -- Indonesia’s state telecommunication firm Telekomunikasi Indonesia, known as Telkom, may face tough competition against a new internet broadband service introduced by state electricity firm Perusahaan Listrik Negara, or PLN, according to UOB Kay Hian.
Telkom’s Indihome service faces PLN’s Stroomnet as the latter offers lower prices and is supported by PLN’s wide infrastructure network, analyst Raphon Prima writes in report dated Sept. 12
NOTE: Stroomnet is offered by Icon+, subsidiary of PLN
Stroomnet offers internet services at 20 megabyte per second speed and cable TV offerings at 346,000 rupiah per month vs 445,000 rupiah per month by Indihome
Despite advantages, PLN will need time to gain customer trust in “non-monopolistic” market, says Prima
Indihome is among growth drivers for Telkom’s revenue, with 13% contribution, and has 6m subscribers
UOB Kay Hian maintains buy recommendation for Telkom and expects to see 20% net income growth this year

New iPhone Sends Indonesia Retailer to Longest Rally Since Nov.

(Bloomberg) -- Shares of Erajaya Swasembada, the Indonesian electronics distributor, have been on the rise for 5 consecutive days, fueled by expectations it will begin selling the latest iPhone in Indonesia, according to BNI Sekuritas.
It’s the longest stretch since November last year
NOTE: Apple Launches IPhone 11 Pro, Made of Stainless Steel and Glass
New products usually bode well for company, says analyst William Siregar by text message on Friday
Rising share price also due to company’s efforts to relieve debt burden coming from spare-part imports, says Siregar
BNI Sekuritas expects company’s net debt- to-equity to fall to 0.53 times by year-end from 0.91 times in 2018
Company now waiting for news from Apple on iPhone 11 distribution in Indonesia, Erajaya Swasembada President Director Budiarto Halim says by phone

Indonesia Central Bank to Cut Rates 25 Bps Next Week, HSBC Says

(Bloomberg) -- Despite improvement in global risk sentiment, domestic growth concerns will convince Bank Indonesia to lower policy rate by a quarter-percentage point to 5.25% at its Sept. 19 meeting, HSBC economist Joseph Incalcaterra writes in research report, reversing earlier call for bank to stay on hold.
Lag time for rate cuts to pass through to economy means BI should front load easing, Incalcaterra says
Central bank likely to cut again in 4Q 2019 and 1Q 2020 for a total of 125 bps of cuts, versus earlier forecast of 100 bps: HSBC
With current account deficit high by historical standards, BI must ensure yield buffer is “competitive” to attract portfolio inflows

ASIA COAL: Newcastle Set to Extend Weekly Rise; China Holiday

(Bloomberg) -- Australia’s Newcastle thermal coal for Nov. +0.7% to $69.55/ton on ICE Futures Thursday.
Most-active futures +1.7% so far this week, poised for third weekly gain which is longest streak of increases in a year
Chinese financial markets are closed Friday for holiday
Australian coking coal futures for Sept. +1.2% to $147.80/ton on Singapore Exchange Thursday, snapping six days of losses
Prices +0.4% this week

PALM OIL: Futures Head for 3rd Weekly Drop on Exports, Crude Oil

(Bloomberg) -- Palm oil futures were on track for a third week of declines as concerns about poor exports, weaker petroleum prices and a firmer ringgit dampened sentiment. Crude oil was set for its biggest weekly loss in nearly two months as the International Energy Agency warned of a looming supply glut, while the currency of Malaysia, the world’s second-biggest palm producer, climbed to a six-week high.

Chart kinerja IHSG - Saham Blue Chip & Lapis Kedua 3 bulan - 5 tahun. Pick with good fundamental, good news, technically in accumulation, oversold & bullish divergence 🙏👍

Kalender Ekonomi - 5 Hal Penting Dipantau minggu Ini

https://id.investing.com/news/economy/kalender-ekonomi--5-hal-paling-penting-untuk-dipantau-minggu-ini-1916958?fbclid=IwAR3XAGZgAVPM38BiCMdFaqoI4B74vVa_jP4zQoAcH39fb-BmWpC6GC89qTI

Week Ahead

https://www.investing.com/analysis/week-ahead-with-trade-resolution-fed-awaited--equity-drift-will-continue-200462701?fbclid=IwAR0NLWNzXMJD9dkiAynL5iM6tR6lwUzIs7pAoddu4Rx5BoJ7EzkknHgZ7kU

Punya Kas Rp 1.732 T, Rahasia Cuan Warren Buffett Terungkap!

https://www.cnbcindonesia.com/market/20190906143328-17-97631/punya-kas-rp-1732-t-rahasia-cuan-warren-buffett-terungkap?utm_source=twitter&utm_medium=oa&utm_content=cnbcindonesia&utm_campaign=cmssocmed

Strategi Lo Kheng Hong Membeli Saham Salah Harga

https://insight.kontan.co.id/news/strategi-lo-kheng-hong-membeli-saham-salah-harga

Ingin pensiun 10 tahun lagi? Tips ini bisa jadi pertimbangan

https://personalfinance.kontan.co.id/news/ingin-pensiun-10-tahun-lagi-tips-ini-bisa-jadi-pertimbangan

IHSG masih terjebak dalam range gap & astrocycle. Sektor pilihan: Basic Industry, Mining, Trade. Finance & Misc Indusry (BOW)

Drama Perang Dagang: Fix! AS-China Nego Oktober

https://www.cnbcindonesia.com/news/20190905112135-4-97272/drama-perang-dagang-fix-as-china-nego-oktober?utm_source=notifikasi&utm_campaign=browser&utm_medium=desktop

Mega Merger Axiata-Telenor Berpotensi Batal, Gara-gara Sawit?

https://www.cnbcindonesia.com/market/20190905112337-17-97281/mega-merger-axiata-telenor-berpotensi-batal-gara-gara-sawit?utm_source=twitter&utm_medium=oa&utm_content=cnbcindonesia&utm_campaign=cmssocmed

Mulai Seret, Dana Asing Keluar Rp 19 T Bulan Lalu

https://www.cnbcindonesia.com/market/20190904154429-17-97111/mulai-seret-dana-asing-keluar-rp-19-t-bulan-lalu

Dapat Hak Siar Euro 2020, Saham Grup MNC Menguat

https://www.cnbcindonesia.com/market/20190905095820-17-97243/dapat-hak-siar-euro-2020-saham-grup-mnc-menguat

Saham Telkom Diobral Asing Lagi, Apa Karena Stroomnet?

https://www.cnbcindonesia.com/market/20190905111031-17-97268/saham-telkom-diobral-asing-lagi-apa-karena-stroomnet

Saham TLKM & ISAT Ambruk, FREN Meroket, Hari Ini Gimana?

https://www.cnbcindonesia.com/market/20190904230112-17-97199/saham-tlkm-isat-ambruk-fren-meroket-hari-ini-gimana

3 PSAK Baru Akan Berlaku 2020, Siapkah Emiten di BEI?

https://www.cnbcindonesia.com/market/20190904175836-17-97152/3-psak-baru-akan-berlaku-2020-siapkah-emiten-di-bei

Raih cuan tinggi hingga Agustus, ini strategi reksadana Minna Padi Property Plus

https://investasi.kontan.co.id/news/raih-cuan-tinggi-hingga-agustus-ini-strategi-reksadana-minna-padi-property-plus

Tarif cukai hasil tembakau akan naik di atas 10%, begini prospek saham rokok

https://investasi.kontan.co.id/news/tarif-cukai-hasil-tembakau-akan-naik-di-atas-10-begini-prospek-saham-rokok

Gold Seen Cracking $1,600 as Fed Goes for Cut, Cut, Cut, Cut

https://www.bloomberg.com/news/articles/2019-09-04/gold-to-top-1-600-as-fed-cuts-rates-four-more-times-bnp-says-k04m2s8z

Trump Says Dow Would Be 10,000 Points Higher Without Trade War

https://www.bloomberg.com/news/articles/2019-09-04/trump-says-dow-would-be-10-000-points-higher-without-trade-war

Don’t Chase Nickel Rally on Indonesia’s Early Ore Ban: Citigroup

(Bloomberg) -- Citigroup Inc. boosts forecasts for nickel in 2020 and 2021, but advises against “chasing the rally” following Indonesia’s planned ban on ore exports starting next year.

Prices will average $17,500/ton in 2020 and $17,000/ton in 2021, up from earlier forecast of $14,000 for both years, analysts incl. Oliver Nugent write in emailed note dated September 3

Prices will “trend around flat” from current levels, which are already high enough to accelerate investment in Indonesia

Bank holds long-term nickel outlook of $16,000 by 2023

“Our baseline is that current high prices are enough to stop stocks getting down to critically low levels of the medium term, but that nickel ore and refined stocks will still draw notably in the coming years”

NOTE: Nickel on LME rallied to highest since 2014 at $18,850 on Sept. 2 after Indonesia confirmed an end to raw nickel exports two years earlier than planned; metal trading around $18,000

Loss of ore supply from Indonesia will be buffered in short term by rising shipments from Philippines and New Caledonia, plus drawdown of port stockpiles in China and greater usage of scrap

Indonesian nickel pig iron producers will accelerate new projects “without any obvious obstacles to widespread development”

Adding a new line to existing NPI plant can be done in as short as 6 months

READ: Nickel’s Upside Capped by Ore Stockpiles, Other Supplies: ANZ

READ: Indonesia Sees Nickel-Related Exports To Double in Five Years

READ: Battery Boom Cements Indonesia as Nickel’s Biggest Tormentor

Indonesia

Global funds bought a net $117.7 million in Indonesian bonds on Sept. 3, according to finance ministry data

Sold a net $59.5 million in country’s equities on Sept. 4, according to exchange data

Lippo Karawaci Liquidity Improves, Concerns Remain: CreditSights

(Bloomberg) -- Lippo Karawaci’s balance sheet standing “improved drastically” after its rights issue raised 11.2t rupiah ($787m) and deleveraging efforts have helped reduce total debt, according to CreditSights.

Lingering concerns do remain, such as the likelihood for Meikarta to continue to “burn cash,” requiring Lippo to raise debt or sell assets again in the near future, according to report by analysts R. Lakshmanan and Rohan Kapur

“The Meikarta bribery probe rears its head and casts a shadow on Lippo intermittently”

Has sufficient liquidity to end 2020, and til end-2021 if Puri Mall sold

CreditSights maintains “market perform” recommendation on Lippo USD 2022s and “outperform” on Lippo USD 2026s

NOTE: Lippo Karawaci First Half Loss 1.46t Rupiah

BPS : Agustus 2019 Terjadi Inflasi 0,12%

https://www.cnbcindonesia.com/market/20190902105259-17-96429/bps-agustus-2019-terjadi-inflasi-012?utm_source=twitter&utm_medium=oa&utm_content=cnbcindonesia&utm_campaign=cmssocmed

Perang Dagang Memanas, Hari Ini AS Terapkan Tarif Baru untuk Tiongkok
https://katadata.co.id/berita/2019/09/01/perang-dagang-memanas-hari-ini-as-terapkan-tarif-baru-untuk-tiongkok

Simak! Deretan Sentimen Penggerak IHSG Pekan Ini

https://www.cnbcindonesia.com/market/20190901195947-17-96369/simak-deretan-sentimen-penggerak-ihsg-pekan-ini?utm_source=twitter&utm_medium=oa&utm_content=cnbcindonesia&utm_campaign=cmssocmed

Catat ya, prospek saham baru FTSE tak semuanya menjanjikan

https://investasi.kontan.co.id/news/catat-ya-prospek-saham-baru-ftse-tak-semuanya-menjanjikan

September is the worst month for stocks — and it’s even gloomier after a downbeat August

https://www.marketwatch.com/story/history-says-the-stock-markets-volatile-august-paves-the-way-for-an-even-worse-september-2019-08-30?link=sfmw_tw

Kinerja saham penopang & penggerus di IHSG, selama bulan Agustus 2019.

IHSG tercatat -0.97%, di tutup di 6.328, lebih baik dari kinerja indeks saham Hong Kong, Jepang hingga Singapore. koreksi IHSG di tengah isu Trade War China - U.S, sehingga investor asing membukukan net sell Rp 9.3 T.

Sementara musim laporan keuangan emiten di IHSG semester 1 2019 & penurunan suku bunga BI gagal menopang kinerja IHSG.

Koreksi IHSG masih sesuai dengan prediksi CTASaham (see: https://cta-saham.blogspot.com), jelang September masih di bayangi isu trade war (AS - China; Jepang - Korea, AS - Eropa), cycle & technical pattern, hingga spekulasi penurunan suku bunga BI & The Fed (19 Sept), sebelumnya akan dirilis data Inflasi RI (2 Sept), Foreign Reserve RI (6 Sept), Trade Balance RI (16 Sept).

To follow Market Outlook lebih update bisa join Workshop Seminar CTASaham Bali (Batch: 4) 29 September 2019. Free member & join 2 grup telegram CTASaham.

Ekspor Nikel Resmi Dilarang, Simak Arah Saham INCO & ANTM
https://www.cnbcindonesia.com/market/20190902152855-17-96543/ekspor-nikel-resmi-dilarang-simak-arah-saham-inco-antm

18 Calon Emiten Siap IPO, Ada Kapal Api & Teh Botol Sosro
https://www.cnbcindonesia.com/market/20190902152220-17-96540/18-calon-emiten-siap-ipo-ada-kapal-api-teh-botol-sosro

Analis: Harga CPO bakal ditopang kebijakan politis
https://investasi.kontan.co.id/news/analis-harga-cpo-bakal-ditopang-kebijakan-politis

Sektor manufaktur naik di tengah koreksi IHSG, simak sejumlah saham pilihan berikut
https://investasi.kontan.co.id/news/sektor-manufaktur-naik-di-tengah-koreksi-ihsg-simak-sejumlah-saham-pilihan-berikut

Empat saham delisting dari BEI, dua saham ini segera menyusul
https://investasi.kontan.co.id/news/empat-saham-delisting-dari-bei-dua-saham-ini-segera-menyusul

Perusahaan Gas Negara Tbk PT Reinstated Buy at Kresna Graha

(Bloomberg) -- Kresna Securities reinstated coverage of Perusahaan Gas Negara Tbk PT with a recommendation of buy.
PT set to 2,380 rupiah, implies 20% increase. Perusahaan Gas Negara Tbk PT average PT is 2,478 rupiah
Perusahaan Gas Negara Tbk PT had 14 buys, 4 holds, 2 sells previously: Bloomberg data
Analysts lowered their consensus one-year target price for the stock by 4.8 percent in the past three months. Forecasts range from 1,650 rupiah to 3,120 rupiah.

Bank Negara Indonesia Raised to Buy at Trimegah Securities

(Bloomberg) -- Trimegah Securities Tbk PT analyst Sebastian Tobing upgraded the recommendation on Bank Negara Indonesia Persero Tbk PT to buy from neutral.
PT lowered to 8,700 rupiah from 9,000 rupiah, implies 14% increase. Bank Negara Indonesia average PT is 10,055 rupiah
Bank Negara Indonesia had 26 buys, 5 holds, 1 sell previously: Bloomberg data
Analysts lowered their consensus one-year target price for the stock by 1.7 percent in the past three months. Forecasts range from 8,000 rupiah to 11,500 rupiah.

Mirae Asset Cuts Bank Negara Indonesia Earnings Growth Estimate

(Bloomberg) -- Earnings growth forecasts for the Indonesian state bank lowered to 8.5% in 2019 and 12.1% in 2020, as competition and liquidity in banking industry seen tightening, according to Mirae Asset Sekuritas in report.
Previous growth forecasts at 10.1% for 2019 and 13.2% for 2020, analyst Lee Young Jun writes in report dated Sept. 2
Bank Negara Indonesia’s net income down 1% year-on-year to 8.21 trillion rupiah in Jan.-July period
Loan growth at 20.1% Y/y in first seven months, while deposit growth at 12.9% Y/y
Loan-to-deposit ratio inched up to 94.4% vs 88.7% in same period last year due to rising loan growth
Loan growth of 13%-15% “still achievable” for this year
Central bank’s recent policy rate cuts, total 50 basis points, should have positive impact to Bank Negara Indonesia, but upside seen fairly limited due to liquidity and competitiveness
Mirae Asset sees Bank Negara Indonesia’s NIM at 5% in 2019 and 4.9% in 2020
Mirae Asset maintains buy recommendation, but lowers PT to 9,850 rupiah from 10,900 rupiah

United Tractors Downgraded to Hold at Maybank; PT 21,000 Rupiah

(Bloomberg) -- Maybank Kim Eng analyst Isnaputra Iskandar downgraded the recommendation on United Tractors Tbk PT to hold from buy.
PT lowered to 21,000 rupiah from 36,200 rupiah, implies 0.4% increase from last close. United Tractors average PT is 30,275 rupiah
United Tractors had 26 buys, 5 holds, 2 sells 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 20,300 rupiah to 42,000 rupiah.

Terbukti Lagi Prediksi CTASaham Mei - Juli & Agustus (-0.97%) Dari Faktor Bad Astrocycle (Win) vs Earnings Season H1 2019 & BI Pangkas Suku Bunga 25 bsp! What Next?