Terbukti Lagi Astrocycle CTASaham (Volatility January Effect - Black Sept) di 2019, Next: Waiting For A Wild October (Profit Making!!)

ASII 9M NET INCOME 15.9 T RUPIAH, -6.9% Y/Y

SCMA 9M NET INCOME 1T RUPIAH, -16% Y/Y

INKP 9M NET INCOME $ 238.1 M, -54% Y/Y

SRIL 9M NET INCOME $ 72.2 M, +2.4% Y/Y

WIKA 9M NET INCOME 1.35 T RUPIAH, +57% Y/Y

MAPI 9M NET INCOME 642.84 B RUPIAH, +15% Y/Y

UNTR 9M NET INCOME 8.64 T RUPIAH, -4.7% Y/Y

INTP 9M NET INCOME 1.81 T RUPIAH, +91% Y/Y

PTPP 9M NET INCOME 544.47 B RUPIAH, -38% Y/Y

CPIN 9M NET INCOME 2.56 T RUPIAH, -26% Y/Y

Rekap Laba (-Rugi) Emiten 9M19 vs 9M18

*BANK & FINANCE*

• BBRI Rp24.78t vs Rp23.47t

• BBCA Rp20.92t vs Rp18.51t

• BMRI Rp20.25t vs Rp18.09t

• BBNI Rp11.97t vs Rp11.44t

• BNGA Rp2.68t vs Rp2.59t

• PNBN Rp2.39t vs Rp2.11t

• NISP Rp2.22t vs Rp2.03t

• BDMN Rp2.17t vs Rp2.69t

• BTPN Rp1.95t vs Rp1.62t

• BJTM Rp1.14t vs Rp1.06t

• BJBR Rp1.13t vs Rp1.34t

• BNII Rp1.11t vs Rp1.50t

• BNLI Rp1.09t vs Rp494m

• BFIN Rp1.09t vs Rp1.09t

• BBKP Rp150m vs Rp136m

• BRIS Rp56.4m vs Rp151m

• MCOR Rp42.5m vs Rp67.6m

• AGRO Rp15.3m vs Rp166m

• PNBS Rp8.27m vs Rp11.77m

*TELCO, TECH & MEDIA*

• TLKM Rp16.4t vs Rp14.2t

• MNCN Rp1.78t vs Rp1.09t

• TOWR Rp1.59t vs Rp1.70t

• LINK Rp773m vs Rp816m

• MTDL Rp259m vs Rp191m

• ASGR Rp99.9m vs Rp138m

• MARI Rp23.9m vs Rp25.3m

• ENVY Rp5.61m vs Rp3.12m

• KBLV -Rp25.2m vs -Rp2.58t

• ISAT limited review

*CONSUMER & PHARMACY*

• HMSP Rp10.2t vs Rp9.69t

• GGRM Rp7.24t vs Rp5.76t

• UNVR Rp5.51t vs Rp7.28t

• MYOR Rp1.09t vs Rp1.10t

• MLBI Rp758m vs Rp799m

• SIDO Rp578m vs Rp480m

• KINO Rp447m vs Rp105m

• GOOD Rp298m vs Rp346m

• DLTA Rp221m vs Rp233m

• ROTI Rp212m vs Rp103m

• DVLA Rp177m vs Rp163m

• FAST Rp176m vs Rp96.8m

• PZZA Rp149m vs Rp101m

• CLEO Rp94.0m vs Rp46.8m

• HOKI Rp76.2m vs Rp70.8m

• ADES Rp46.9m vs Rp35.5m

*RETAIL*

• LPPF Rp1.19t vs Rp1.49t

• ACES Rp727m vs Rp697m

• RANC Rp36.4m vs Rp32.7m

*PROPERTY & RELATED*

• PWON Rp2.15t vs Rp1.78t

• DMAS Rp759m vs Rp175m

• CTRA Rp409m vs Rp580m

• SMRA Rp315m vs Rp203m

• BEST Rp211m vs Rp153m

• ARNA Rp160m vs Rp116m

• DILD Rp82.9m vs Rp116m

• MYRX Rp77.3m vs Rp182m

• RISE Rp4.65m vs Rp71.9m

• APLN audit

*CONSTRUCTION*

• ADHI Rp351m vs Rp335m

• WTON Rp303m vs Rp280m

• WEGE Rp303m vs Rp289m

• TOTL Rp143m vs Rp193m

• IDPR Rp10.5m vs Rp31.5m

• ACST -Rp752m bs Rp91.2m

*INFRASTRUCTURE RELATED*

• PGAS $129jt vs $244jt

• JSMR Rp1.50t vs Rp1.77t

• SMGR Rp1.29t vs Rp2.09t

• AKRA Rp565m vs Rp1.29t

• BUKK Rp554m vs Rp386m

• BNBR Rp342m vs -Rp1.23t

• SMCB Rp134m vs -Rp630m

• IPCC Rp111m vs Rp147m

*AUTO & HEAVY EQUIPMENT*

• AUTO Rp512m vs Rp414m

• IMAS Rp328m vs Rp81.6m

• GJTL Rp139m vs -Rp229m

• MASA -$13.5jt vs $565rb

• GDYR -$2.14jt vs -$535rb

*MANUFACTURING*

• FASW Rp806m vs Rp867m

• KBLI Rp260m vs Rp105m

• WOOD Rp182m vs Rp181m

• PBID Rp148m vs Rp247m

• ISSP Rp122m vs Rp15.5m

• SPMA Rp96.5m vs Rp32.5m

• TOTO Rp89.8m vs Rp230m

• JECC Rp70.9m vs Rp75.8m

• BOLT Rp49.2m vs Rp61.3m

• BRPT audit

*TRADE & SERVICES*

• BIRD Rp229m vs Rp335m

• HEAL Rp210m vs Rp110m

• SHIP $11.1jt vs $8.15jt

• IMJS Rp83.2m vs Rp139m

• PSSI $7.30jt vs $12.32jt

• WINS -$5.78jt vs -$7.45jt

• BULL audit

*OIL & MINING RELATED*

• PTBA Rp3.10t vs Rp3.93t

• BYAN $209jt vs $388jt

• MDKA $66.2jt vs $53.1jt

• ANTM Rp561m vs Rp631m

• DOID $28.1jt vs $49.8jt

• MYOH $18.7jt vs $21.5jt

• APEX $18.4jt vs -$34.7jt

• ELSA Rp238m vs Rp221m

• ZINC Rp158m vs Rp99.5m

• KKGI $4.18jt vs $2.42jt

• BRMS $1.02jt vs -$93.9jt

• INCO $160rb vs $55.2jt

*AGRICULTURE & POULTRY*

• JPFA Rp1.04t vs Rp1.67t

• AALI Rp111m vs Rp1.12t

• SKLT Rp34.5m vs Rp20.3m

• UNSP -Rp186m vs -Rp1.51t

• SGRO audit

Telkom Indonesia 9M Net Income 16.5 Trln Rupiah, +16% Y/y

(Bloomberg) -- Telkom Indonesia reported net income for the nine month period of 16.5 trillion rupiah, +16% y/y.

• 9M revenue 102.63 trillion rupiah, +3.5% y/y
• 9M EPS 166 rupiah vs. 144 rupiah y/y

BYAN

https://www.cnbcindonesia.com/market/20191030105301-17-111251/saham-konglomerat-low-tuck-kwong-melesat-hingga-20-ada-apa

DOID

https://www.cnbcindonesia.com/market/20191030123052-17-111311/laba-anak-usaha-northstar-drop-43-tapi-sahamnya-naik-9

*GGRM: 9M19 Net Profit IDR7.24tn/+26% YoY/ +54% QoQ/77% MKE FY19F/ 77% Cons FY19F

*JSMR :  9M19 Net Profit IDR1.5tn/-15% YoY/ -7% QoQ/70% MKE FY19F/ 70% Cons FY19F

Punya Nyali Main Saham "Kolesterol", Mari Simak Kinerjanya
https://www.cnbcindonesia.com/market/20191030104558-17-111248/punya-nyali-main-saham-kolesterol-mari-simak-kinerjanya?utm_source=twitter&utm_medium=oa&utm_content=cnbcindonesia&utm_campaign=cmssocmed

Tumbuh 121%, Bank Permata catat laba bersih Rp 1,1 triliun di kuartal III-2019
https://keuangan.kontan.co.id/news/tumbuh-121-bank-permata-catat-laba-bersih-rp-11-triliun-di-kuartal-iii-2019

Akhirnya Cetak Laba Q3 Rp 15 M, Saham BRMS Melesat 10%
https://www.cnbcindonesia.com/market/20191030103404-17-111250/akhirnya-cetak-laba-q3-rp-15-m-saham-brms-melesat-10?utm_source=twitter&utm_medium=oa&utm_content=cnbcindonesia&utm_campaign=cmssocmed

RI Larang Ekspor Bijih Nikel Sementara, Harga Nikel Naik 1,2%
https://www.cnbcindonesia.com/market/20191030111545-17-111261/ri-larang-ekspor-bijih-nikel-sementara-harga-nikel-naik-12?utm_source=twitter&utm_medium=oa&utm_content=cnbcindonesia&utm_campaign=cmssocmed

Wow! Harga CPO Terus Catatkan Rekor Tertingginya
https://www.cnbcindonesia.com/market/20191030103745-17-111245/wow-harga-cpo-terus-catatkan-rekor-tertingginya?utm_source=twitter&utm_medium=oa&utm_content=cnbcindonesia&utm_campaign=cmssocmed

Masih Rugi tapi Saham Properti Tahir Melesat 24%, Ada Apa?
https://www.cnbcindonesia.com/market/20191030102718-17-111237/masih-rugi-tapi-saham-properti-tahir-melesat-24-ada-apa?utm_source=twitter&utm_medium=oa&utm_content=cnbcindonesia&utm_campaign=cmssocmed

Simak Rekomendasi Saham Bank Danamon (BDMN) Usai Diakuisisi MUFG Bank
https://insight.kontan.co.id/news/simak-rekomendasi-saham-bank-danamon-bdmn-usai-diakuisisi-mufg-bank

CEO Blackrock melihat pasar ekuitas akan bergerak lebih tinggi pada tahun 2020
https://internasional.kontan.co.id/news/ceo-blackrock-melihat-pasar-ekuitas-akan-bergerak-lebih-tinggi-pada-tahun-2020

Gudang Garam Nine Month Net Income 7.24 Trln Rupiah, +26% Y/y

(Bloomberg) -- Gudang Garam reported net income for the nine month period of 7.24 trillion rupiah, +26% y/y.

• 9M revenue 81.72 trillion rupiah, +17% y/y
• 9M EPS 3,765 rupiah vs. 2,994 rupiah y/y

Gudang Garam Cut to Hold at CIMB; PT IDR57,600

(Bloomberg) -- CIMB analyst Patricia Gabriela cut the recommendation on Gudang Garam Tbk PT to hold from add.
PT set to IDR57,600, implies a 3.7% increase from last price. Gudang Garam average PT is IDR69,733.39.
Analysts decreased their consensus one-year target price for the stock by 25% in the past three months. Targets range from IDR47,700 to IDR99,000
Gudang Garam had 20 buys, 8 holds, 4 sells previously: Bloomberg data

Indonesian Health-Care Stocks Raised to Buy at Deutsche

(Bloomberg) -- Indonesian hospital operators face diminished risks to sales and margins as wealthier clients have opted to remain with private health insurance rather than a government-funded program that limits service options, Deutsche Bank analysts Inggrid Gondoprastowo and Raja Abdalla write in a note.
Deutsche raises health-care stocks to buy from hold
Mitra Keluarga raised to buy from hold, PT increased to 3,100 rupiah from 1,550 rupiah
Siloam International Hospitals raised to buy from sell; PT lifted to 8,800 rupiah from 2,300 rupiah
Indonesian health-care stocks should be relatively protected from slowing economic growth: Deutsche

Unilever Indonesia Raised to Buy at Samuel Sekuritas

(Bloomberg) -- Samuel Sekuritas Indonesia analyst Suria Dharma raised the recommendation on Unilever Indonesia Tbk PT to buy from hold.
PT set to IDR49,000, implies a 12% increase from last price. Unilever Indonesia average PT is IDR46,330.37.
Analysts raised their consensus one-year target price for the stock by 1.7% in the past three months. Targets range from IDR39,900 to IDR55,000
Unilever Indonesia had 6 buys, 20 holds, 5 sells previously: Bloomberg data
Unilever Indonesia reported earnings and sales that trailed estimates for the quarter on Oct. 17.

Bank Permata’s 9M Net Income Jumps 121% to 1.1 Trilion Rupiah

(Bloomberg) -- Net income surged from 494.15b rupiah in same period a year ago, the Indonesian bank says in statement.
Net interest income rose to 4.29t rupiah from 4.17t rupiah
EPS at 38.96 rupiah vs. 17.62 rupiah
Loan disbursement at 107.6t rupiah, +1%
Net non-performing loan ratio at 1.2%

Matahari Department Store raised to Outperform at Macquarie

(Bloomberg) -- Macquarie analyst Robert Pranata raised the recommendation on Matahari Department Store Tbk PT to outperform from neutral.
PT set to IDR4,700, implies a 25% increase from last price. Matahari Department Store average PT is IDR4,315.79.
Analysts decreased their consensus one-year target price for the stock by 17% in the past three months. Targets range from IDR3,150 to IDR11,700
Matahari Department Store had 11 buy, 11 hold, 3 sells previously: Bloomberg data

Bank Central Asia raised to Add at CIMB; PT IDR35,000

(Bloomberg) -- CIMB analyst Erwan Teguh Teh raised the recommendation on Bank Central Asia Tbk PT to add from hold.
PT set to IDR35,000, implies a 13% increase from last price. Bank Central Asia average PT is IDR31,926.56.
Analysts raised their consensus one-year target price for the stock by 4.8% in the past three months. Targets range from IDR23,000 to IDR40,000
Bank Central Asia had 13 buys, 17 holds, 3 sells previously: Bloomberg data
Bank Central Asia reported earnings that trailed estimates for the quarter on Oct. 28.

Ramayana Lestari cut to Neutral at Macquarie; PT IDR1,220

(Bloomberg) -- Macquarie analyst Robert Pranata cut the recommendation on Ramayana Lestari Sentosa Tbk PT to neutral from outperform.
PT set to IDR1,220, implies a 3% increase from last price. Ramayana Lestari average PT is IDR1,493.75.
Analysts decreased their consensus one-year target price for the stock by 18% in the past three months. Targets range from IDR1,100 to IDR2,000
Ramayana Lestari had 15 buys, 5 holds, 2 sells previously: Bloomberg data

United Tractors cut to Underweight at JPMorgan; PT IDR19,000

(Bloomberg) -- J.P. Morgan analyst Indra Cahya cut the recommendation on United Tractors Tbk PT to underweight from neutral.
PT set to IDR19,000, implies a 11% decrease from last price. United Tractors average PT is IDR27,991.35.
Analysts decreased their consensus one-year target price for the stock by 17% in the past three months. Targets range from IDR19,000 to IDR42,000
United Tractors had 21 buy, 7 holds, 4 sells previously: Bloomberg data

Alam Sutera cut to Hold at Maybank; PT IDR310

(Bloomberg) -- Maybank Kim Eng analyst Aurellia Setiabudi cut the recommendation on Alam Sutera Realty Tbk PT to hold from buy.
PT set to IDR310, implies a 9.2% increase from last price. Alam Sutera average PT is IDR341.58.
Analysts decreased their consensus one-year target price for the stock by 12% in the past three months. Targets range from IDR255 to IDR490

Alam Sutera had 6 buys, 6 holds, 3 sells previously: Bloomberg data

Bank Mandiri Nine Month Net Income 20 Trln Rupiah, +11% Y/y
(Bloomberg) -- Bank Mandiri reported net income for the nine month period of 20 trillion rupiah, +11% y/y.
9M net interest income 43.94 trillion rupiah, +8.6% y/y
9M EPS 434 rupiah vs. 388 rupiah y/y
NOTE:
24 buys, 7 holds, 0 sells

Bank Central Asia 9M Net Income 20.9 Trln Rupiah, +13% Y/y
(Bloomberg) -- Bank Central Asia reported net income for the nine month period of 20.9 trillion rupiah, +13% y/y.
9M EPS 849 rupiah vs. 751 rupiah y/y
9M net interest income 37.4 trillion rupiah, +12% y/y
NOTE:
12 buys, 18 holds, 3 sells

Matahari Department Store Reports Net Income
(Bloomberg) -- Matahari Department Store reported net income for the nine month period of 1.19 trillion rupiah, -20% y/y.
9M revenue 7.83 trillion rupiah, +0.6% y/y
9M EPS 417 rupiah vs. 513 rupiah y/y
NOTE:
Shares rise 3.7% to 3,890 rupiah on 7.70 million shares traded
14 buys, 10 holds, 1 sell

Antam Nine Month Revenue 24.54 Trln Rupiah, +23% Y/y
(Bloomberg) -- Antam reported revenue for the nine month period of 24.54 trillion rupiah, +23% y/y.
9M net income 561.19 billion rupiah, -11% y/y
9M EPS 23 rupiah vs. 26 rupiah y/y
Main project under development including East Halmahera P3FH has progress of 98%

Perusahaan Gas Negara Tbk PT raised to Hold at CIMB
(Bloomberg) -- CIMB analyst Aurelia Barus raised the recommendation on Perusahaan Gas Negara Tbk PT to hold from reduce.
PT set to IDR2,500, implies a 6.4% increase from last price. Perusahaan Gas Negara Tbk PT average PT is IDR2,448.33.
Analysts decreased their consensus one-year target price for the stock by 7.1% in the past three months. Targets range from IDR1,650 to IDR3,120
Perusahaan Gas Negara Tbk PT had 14 buys, 7 holds, 1 sell previously: Bloomberg data
Perusahaan Gas Negara Tbk PT reported earnings that topped estimates for the quarter on Oct. 25.

HM Sampoerna raised to Buy at RHB Research Institute
(Bloomberg) -- RHB analyst Michael Setjoadi raised the recommendation on Hanjaya Mandala Sampoerna Tbk PT to buy from neutral.
PT set to IDR2,500, implies a 14% increase from last price. HM Sampoerna average PT is IDR2,720.19.
Analysts decreased their consensus one-year target price for the stock by 28% in the past three months. Targets range from IDR1,700 to IDR4,300
HM Sampoerna had 14 buys, 10 holds, 6 sells previously: Bloomberg data
HM Sampoerna reported earnings that trailed estimates for the quarter on Oct. 25.

Industri Jamu cut to Hold at UOB Kay Hian; PT IDR1,200
(Bloomberg) -- UOB Kay Hian analyst Stevanus Juanda cut the recommendation on Industri Jamu Dan Farmasi Sido Muncul Tbk PT to hold from buy.
PT set to IDR1,200, implies a 5.5% decrease from last price. Industri Jamu average PT is IDR1,322.
Analysts raised their consensus one-year target price for the stock by 13% in the past three months. Targets range from IDR610 to IDR1,450
Industri Jamu had 6 buys, 3 holds, 0 sells previously: Bloomberg data

Sedang Susah Gaes! IHSG Akhir Tahun Paling Banter 6.500
https://www.cnbcindonesia.com/market/20191028131350-17-110648/sedang-susah-gaes-ihsg-akhir-tahun-paling-banter-6500

Duh! Sudah Ada 2 Wamen, 12 Saham BUMN Malah Koreksi
https://www.cnbcindonesia.com/market/20191028143108-17-110676/duh-sudah-ada-2-wamen-12-saham-bumn-malah-koreksi

Laba bersih Bukit Asam (PTBA) turun 21,08% sepanjang kuartal III 2019
https://investasi.kontan.co.id/news/laba-bersih-bukit-asam-ptba-turun-2108-sepanjang-kuartal-iii-2019

Laba bersih Kino Indonesia melejit 323,74% hingga kuartal ketiga, ini sebabnya
https://investasi.kontan.co.id/news/laba-bersih-kino-indonesia-melejit-32374-hingga-kuartal-ketiga-ini-sebabnya

Ramalan Soal Batu Bara Ini Bisa Bikin Jantungan, Suram!
https://www.cnbcindonesia.com/news/20191028101537-4-110544/ramalan-soal-batu-bara-ini-bisa-bikin-jantungan-suram

Waspada! Rasio Kredit Macet Bank Loncat di Agustus 2019
https://www.cnbcindonesia.com/news/20191028111014-4-110574/waspada-rasio-kredit-macet-bank-loncat-di-agustus-2019

Dari ITMG Hingga JPFA, Ini 5 Saham LQ45 yang Cuan Sampai 10%
https://www.cnbcindonesia.com/market/20191028122945-17-110618/dari-itmg-hingga-jpfa-ini-5-saham-lq45-yang-cuan-sampai-10

Tersandung Dugaan Korupsi Proyek, Saham WSKT Sudah Amblas 23%
https://www.cnbcindonesia.com/market/20191028122400-17-110619/tersandung-dugaan-korupsi-proyek-saham-wskt-sudah-amblas-23

Gandeng Antam, Bukit Asam Bangun PLTU di Halmahera Rp 2,6 T
https://www.cnbcindonesia.com/market/20191028123754-17-110621/gandeng-antam-bukit-asam-bangun-pltu-di-halmahera-rp-26-t

Laba Anjlok 77%, Saham Bank Milik Akulaku Ini Diborong Asing
https://www.cnbcindonesia.com/market/20191028120721-17-110614/laba-anjlok-77-saham-bank-milik-akulaku-ini-diborong-asing

Target by technical analysis

IHSG BUY CALL 6.020 TP 6.200/ 6.330 DONE hari ini.
BBNI BUY BO 7.500 TP 8.000 (+5% 1 hari trade).
BBRI BUY BO 3.990 TP 3.250 (+6.5% 5 hari trade)

Akurasi technical chart IHSG di 2019 masih diatas 90% (regardless Brexit Trade War Pilpres 2019 dll).

@Katalis positif dari deal trade US China tahap 1, ekspektasi musim laporan keuangan emiten kwartalan 3 2019 (good news dari BBRI BBNI), optimisme terhadap kabinet Indonesia Maju (KIM), penurunan suku bunga 7 days repo rate Bank Indonesia sebesar 25 bsp hari ini( menjadi 5.0%), masih dorong kenaikan IHSG selama di atas 5.988 & break diatas 6.084 TP 6.330/ 6.414/6.468 (see rekomendasi sebelumnya).

IHSG terlihat ada 3 triangle (2 symmetrical triangle, 1 ascending triangle)

HM Sampoerna Nine Month Net Income 10.2 Trln Rupiah, +5.3% Y/y

(Bloomberg) -- HM Sampoerna reported net income for the nine month period of 10.2 trillion rupiah, +5.3% y/y.

• 9M revenue 77.51 trillion rupiah vs. 77.5 trillion rupiah y/y
• 9M EPS 88 rupiah vs. 83 rupiah y/y

NOTE:

• 14 buys, 11 holds, 6 sells

Bank Rakyat Indonesia Cut to Trading Buy at Mirae Asset Daewoo

(Bloomberg) -- Mirae Asset Daewoo Co.,Ltd. analyst Lee Young Jun cut the recommendation on Bank Rakyat Indonesia Persero Tbk PT to trading buy from buy.

• PT set to IDR5,100, implies a 19% increase from last price. Bank Rakyat Indonesia average PT is IDR4,662.56.
• Analysts raised their consensus one-year target price for the stock by 0.6% in the past three months. Targets range from IDR3,800 to IDR5,300

• Bank Rakyat Indonesia had 21 buy, 9 holds, 1 sell previously: Bloomberg data

• Bank Rakyat Indonesia reported earnings that trailed estimates for the quarter on Oct. 24.

United Tractors Cut to Hold at Mirae Asset Daewoo; PT IDR23,000

(Bloomberg) -- Mirae Asset Daewoo Co.,Ltd. analyst Hariyanto Wijaya cut the recommendation on United Tractors Tbk PT to hold from trading buy.

• PT set to IDR23,000, implies a 4.9% increase from last price. United Tractors average PT is IDR28,421.
• Analysts decreased their consensus one-year target price for the stock by 16% in the past three months. Targets range from IDR20,300 to IDR42,000

• United Tractors had 21 buy, 7 holds, 3 sells previously: Bloomberg data

Vale Indonesia 9M Net Income $0.16 Mln Vs. $55.2 Mln Y/y

(Bloomberg) -- Vale Indonesia reported net income for the nine month period of $0.16 million vs. $55.2 million y/y.

• 9M revenue $506.5 million, -13% y/y
• 9M nickel production 50,530 tonnes

NOTE:

• 12 buys, 8 holds, 0 sells

*INDONESIAN STOCKS SET FOR LONGEST RUN OF GAINS SINCE 1995
*INDONESIAN STOCKS CLIMB FOR 10TH STRAIGHT DAY ON REFORM BET

Bank Mandiri Reinstated Buy at BCA Sekuritas; PT IDR8,500

(Bloomberg) -- BCA Sekuritas reinstated coverage of Bank Mandiri Persero Tbk PT with a recommendation of buy.  PT set to IDR8,500, implies a 18% increase from last price. Bank Mandiri average PT is IDR8,801. Analysts decreased their consensus one-year target price for the stock by 0.7% in the past three months. Targets range from IDR7,200 to IDR10,100

Bank Mandiri had 24 buys, 7 holds, 0 sells previously: Bloomberg data

Tolak Cukai Rokok Naik 21%, Pelaku Usaha Tembakau Tawar 9%
https://www.cnbcindonesia.com/news/20191024111753-4-109696/tolak-cukai-rokok-naik-21-pelaku-usaha-tembakau-tawar-9

BI 7DRR Diprediksi Turun 25 Bps Jadi 5%
https://www.cnbcindonesia.com/news/20191024113204-8-109698/bi-7drr-diprediksi-turun-25-bps-jadi-5

Dahlan Iskan Kuliti Satu-satu Figur Menteri Jokowi
https://www.cnbcindonesia.com/market/20191024103954-17-109670/dahlan-iskan-kuliti-satu-satu-figur-menteri-jokowi

Buat Fintech Saingan OVO, LinkAja & GoPay, Saham BCAP Terbang
https://www.cnbcindonesia.com/market/20191024102613-17-109645/buat-fintech-saingan-ovo-linkaja-gopay-saham-bcap-terbang

Batu Bara Lemah Lunglai, Harga Masih di Bawah US$ 70/ton
https://www.cnbcindonesia.com/market/20191024111051-17-109681/batu-bara-lemah-lunglai-harga-masih-di-bawah-us--70-ton

Mantap! Harga CPO Cetak Rekor Tertinggi Lagi
https://www.cnbcindonesia.com/market/20191024104618-17-109660/mantap-harga-cpo-cetak-rekor-tertinggi-lagi

Beredar rumor Hyundai beli lahan Puradelta Lestari (DMAS), ini kata manajemen
https://investasi.kontan.co.id/news/beredar-rumor-hyundai-beli-lahan-puradelta-lestari-dmas-ini-kata-manajemen

Bahana Sekuritas: Tak hanya sosok menteri, pasar menanti kebijakan yang diambil
https://investasi.kontan.co.id/news/bahana-sekuritas-tak-hanya-sosok-menteri-pasar-menanti-kebijakan-yang-diambil

Saham poultry ditopang tekanan pasokan DOC dan aksi beli asing
https://investasi.kontan.co.id/news/saham-poultry-ditopang-tekanan-pasokan-doc-dan-aksi-beli-asing

Cukai resmi naik, analis: saham HMSP dan GGRM berpotensi terkoreksi
https://investasi.kontan.co.id/news/cukai-resmi-naik-analis-saham-hmsp-dan-ggrm-berpotensi-terkoreksi

Bank Rakyat Indonesia Plans to Invest in Traveloka

(Bloomberg) -- Indonesia’s biggest bank by assets plans to invest in Expedia-backed Traveloka, according to Bank Rakyat President Director Sunarso.
Bank to invest in Southeast Asia’s largest online trip-booking service in the next round of funding, Sunarso tells reportes in Jakarta on Thursday
NOTE: Traveloka Is Said to Seek Funds From BRI at $4.5 Billion Value
Bank Rakyat allocate more than 5 trillion rupiah for investment and corporate action every year, Sunarso says

Indonesian Lenders Extend Rallies on Positive Earnings

(Bloomberg) -- The Jakarta Finance Index gained as much as 1.2%, extending rallies to a 10th consecutive day, on positive earnings results.
Bank Negara Indonesia +4.6%, the most since 6 months, while Bank BTPN +4.1 and Bank Rakyat Indonesia +1.7%
NOTE: Bank Rakyat Indonesia Nine Month Net Income 24.78 Trln Rupiah
NOTE: Bank Rakyat Indonesia Nine Month Net Income 24.78 Trln Rupiah
NOTE: Bank BTPN Tbk PT Nine Month Net Income 1.95 Trln Rupiah

Bank Danamon Raised to Trading Buy at RHB Research Institute

(Bloomberg) -- RHB analyst Christopher Benas raised the recommendation on Bank Danamon Indonesia Tbk PT to trading buy from neutral.
PT set to IDR5,300, implies a 17% increase from last price. Bank Danamon average PT is IDR5,640.
Analysts raised their consensus one-year target price for the stock by 2.7% in the past three months. Targets range from IDR3,600 to IDR9,000
Bank Danamon had 4 buys, 7 holds, 1 sell previously: Bloomberg data
Bank Danamon reported earnings that trailed estimates for the quarter on Oct. 23.

HM Sampoerna Cut to Hold at BCA Sekuritas; PT IDR2,200

(Bloomberg) -- BCA Sekuritas analyst Pandu Anugrah cut the recommendation on Hanjaya Mandala Sampoerna Tbk PT to hold from buy.
PT set to IDR2,200, implies a 6.8% increase from last price. HM Sampoerna average PT is IDR2,765.18.
Analysts decreased their consensus one-year target price for the stock by 29% in the past three months. Targets range from IDR1,700 to IDR4,300
HM Sampoerna had 14 buys, 11 hold, 6 sells previously: Bloomberg data

CP Indonesia Raised to Hold at Danareksa; PT IDR6,300

(Bloomberg) -- Danareksa analyst Victor Stefano raised the recommendation on Charoen Pokphand Indonesia Tbk PT to hold from sell.
PT set to IDR6,300, implies a 6% decrease from last price. CP Indonesia average PT is IDR4,893.64.
Analysts raised their consensus one-year target price for the stock by 7.5% in the past three months. Targets range from IDR3,000 to IDR8,050
CP Indonesia had 0 buys, 10 holds, 5 sells previously: Bloomberg data

Japfa Comfeed Raised to Buy at Danareksa; PT IDR2,050

(Bloomberg) -- Danareksa analyst Victor Stefano raised the recommendation on Japfa Comfeed Indonesia Tbk PT to buy from hold.
PT set to IDR2,050, implies a 17% increase from last price. Japfa Comfeed average PT is IDR1,793.21.
Analysts raised their consensus one-year target price for the stock by 5.8% in the past three months. Targets range from IDR1,000 to IDR3,100
Japfa Comfeed had 12 buys, 5 holds, 1 sell previously: Bloomberg data

Kino Indonesia Rated New Buy at DBS Bank; PT IDR4,700

(Bloomberg) -- DBS Bank initiated coverage of Kino Indonesia Tbk PT with a recommendation of buy.
PT set to IDR4,700, implies a 18% increase from last price. Kino Indonesia average PT is IDR3,682.50.
Analysts raised their consensus one-year target price for the stock by 3.2% in the past three months. Targets range from IDR3,400 to IDR4,700
Kino Indonesia had 3 buys, 0 holds, 0 sells previously: Bloomberg data


Konsensus: Bunga Acuan BI Diramal Turun (Lagi)
https://www.cnbcindonesia.com/market/20191022121040-17-108959/konsensus-bunga-acuan-bi-diramal-turun--lagi-

Ciri saham anti resesi
https://www.teguhhidayat.com/2019/10/ciri-saham-anti-resesi.html

Kabar Baik Soal Frekuensi, Saham ISAT Terbang & FREN Amblas
https://www.cnbcindonesia.com/market/20191022163549-17-109080/kabar-baik-soal-frekuensi-saham-isat-terbang-fren-amblas

Dari Reksa Dana Mau Pindah ke Saham? Perhatikan Ini Dulu ya
https://www.cnbcindonesia.com/investment/20191021134829-21-108702/dari-reksa-dana-mau-pindah-ke-saham-perhatikan-ini-dulu-ya

Indrawati’s Reappointment Supports Inflows Into IDR Assets: DBS

(Bloomberg) -- The reappointment of Sri Mulyani Indrawati as Indonesia’s finance minister has reinforced investor confidence of a policy stance that supports fiscal consolidation and tax reforms, according to Chang Wei Liang, a macro strategist at DBS Bank in Singapore.
“More broadly, the increased presence of technocrats in the new Cabinet enhances prospects of business reforms, and is supportive of inflows into IDR assets”
USD/IDR falls 0.5% to 14,003, the lowest level since Sept 13
NOTE: President Joko Widodo has offered the 35-year-old co-founder of the country’s biggest startup, Gojek, a position in his new cabinet

Unilever Indonesia Raised to Hold at BNI Securities

(Bloomberg) -- BNI Securities analyst William Siregar raised the recommendation on Unilever Indonesia Tbk PT to hold from sell.
PT set to IDR43,000, implies a 2.1% decrease from last price. Unilever Indonesia average PT is IDR46,308.80.
Analysts raised their consensus one-year target price for the stock by 0.1% in the past three months. Targets range from IDR39,900 to IDR55,000
Unilever Indonesia had 5 buys, 20 holds, 5 sells previously: Bloomberg data
Unilever Indonesia reported earnings and sales that trailed estimates for the quarter on Oct. 17.

Indonesian Retailers Cut to Neutral at CIMB on Weaker Outlook

(Bloomberg) -- Indonesian retail sector was downgraded from overweight after weaker minimum wage increase for 2020 compared with the 5-year average raises concerns on the disposable income of Indonesian consumers, according to CGS-CIMB.
Regional minimum wages will increase by 8.5% in 2020 compared to the average of past 5 years of 12.6%, analyst Patricia Gabriela writes in report
CGS-CIMB prefers consumer staple companies like Indofood CBP Sukses Makmur and Kalbe Farma
CGS-CIMB has add calls on Matahari Department Store, Erajaya Swasembada and Sarimelati Kencana
Broker has hold calls on Ace Hardware Indonesia, Mitra Adiperkasa and Ramayana Lestari Sentosa
Workers who earn minimum wage would have more disposable income due to the wage increase but more than half of all employment is in the informal sector which tends to earn below the minimum wage and may not benefit from the rise: Gabriela
Concurrent increases in administered prices such as electricity, toll tariffs, cigarette excise tax, and government healthcare premium in 2020 and reduction in the social assistance budget could lead to downside risk in disposable income next year
NOTE: Unilever Leads Indonesia Consumer Stks Lower on Outlook

Bank Negara Indonesia Cut to Hold at Mirae Asset Daewoo

(Bloomberg) -- Mirae Asset Daewoo Co.,Ltd. analyst Lee Young Jun cut the recommendation on Bank Negara Indonesia Persero Tbk PT to hold from under review.
PT set to IDR8,000, implies a 8.5% increase from last price. Bank Negara Indonesia average PT is IDR9,305.08.
Analysts decreased their consensus one-year target price for the stock by 9.6% in the past three months. Targets range from IDR7,547 to IDR10,600
Bank Negara Indonesia had 25 buys, 6 holds, 1 sell previously: Bloomberg data

Ramayana Lestari Cut to Hold at CIMB; PT IDR1,300

(Bloomberg) -- CIMB analyst Patricia Gabriela cut the recommendation on Ramayana Lestari Sentosa Tbk PT to hold from add.
PT set to IDR1,300, implies a 2.8% increase from last price. Ramayana Lestari average PT is IDR1,548.24.
Analysts decreased their consensus one-year target price for the stock by 17% in the past three months. Targets range from IDR1,100 to IDR2,090
Ramayana Lestari had 16 buys, 4 holds, 2 sells previously: Bloomberg data

Goldman Sachs Wins Indonesia Top Court Appeal in Hanson Case

(Bloomberg) -- Indonesia’s Supreme Court upholds Goldman Sachs appeal against businessman Benny Tjokrosaputro in a ownership dispute related to shares of Hanson International.
Supreme Court dismisses verdict of South Jakarta District Court which confirmed Tjokrosaputro as the owner of 425 million of disputed shares in Hanson
Jakarta High Court had upheld the lower court ruling, prompting Goldman to appeal in the top court
Supreme Court also orders Tjokrosaputro and Ficomindo Buana Registrar to pay 500,000 rupiah in court fees
NOTE: Citibank as a custodian bank was also a petitioner in the appeal
Goldman Sachs says company “pleased with the decision”

Economics Brief:
  https://newsletters.briefs.bloomberg.com/document/zTY7ers7P1bTpRkxjer2Ww--_44z3fc89so4z15r1oo2

Brent crude has fallen by a fifth since April. Bloomberg Economics estimates that weak demand -- linked to the impact of the trade war -- accounts for 70% of the decline. Abundant supply is responsible for the rest; Recession doesn't have to be a catastrophic event for stocks; Trump says China signals trade talks are on target for November deal.

Palm Oil to Stay Under Pressure Through December, Varqa Says

(Bloomberg) -- Palm oil prices are likely to remain under pressure in November and December, and trade around 2,000-2,200 ringgit a ton, according to Sathia Varqa, owner of Palm Oil Analytics.
Benchmark futures will be hurt by lower exports, Indian buyers holding back, higher production and fears Malaysian inventories will keep rising, he says at industry conference in Kuala Lumpur Tuesday
Production may surge in October and November, which could lift inventories; there’s a big worry that if inventories hit 3m tons in December, it will depress prices, he says
“Political war of words” having a big impact
Prices may rebound by 1H and trade between 2,200-2,400 ringgit, due to lower production and implementation of biodiesel mandates in Indonesia
NOTE: Avoid Buying Palm From Malaysia, Indian Group Tells Members

NOTE: Mahathir Won’t Bring India to WTO, Won’t Retract Kashmir Remarks

Bursa Saham Asia Balik Arah, IHSG masih naik
https://www.cnbcindonesia.com/market/20191018115613-17-108062/bursa-saham-asia-balik-arah-ihsg-jadi-susah-nanjak?fbclid=IwAR1_6gZXHuq46BQKxARAnJ5MVBZHPHroDJVgloKpDGmORIvmzCdab6lQxz8

Asing Masih Galau! Ini Saham yang Dilepas
https://www.cnbcindonesia.com/market/20191018101146-17-108020/asing-masih-galau-ini-sederet-saham-yang-dilepas?fbclid=IwAR2t_e8WPSGy4bjtJdeif08rieMDGoSpzi5mHp7RjN0iKHiXG9E76SbSFC0

Happy cuan berjamaah CTASaham & friends:
Poultry Consumer (+ERAA MCOR ABBA TELE) 7 anti badai & 18 saham BO. 8 last days to W.S CTA Jakarta 27 Okt.



Erajaya Swasembada Rated New Add at CIMB; PT IDR3,500

(Bloomberg) -- CIMB initiated coverage of Erajaya Swasembada Tbk PT with a recommendation of add.
PT set to IDR3,500, implies a 84% increase from last price. Erajaya Swasembada average PT is IDR2,070.42.
Analysts raised their consensus one-year target price for the stock by 15% in the past three months. Targets range from IDR1,150 to IDR4,500
Erajaya Swasembada had 7 buys, 7 holds, 1 sell previously: Bloomberg data

Mitra Keluarga Gains First Time in a Week as CGS-CIMB Raises PT

(Bloomberg) -- Shares of Mitra Keluarga Karyasehat gains 4.5%, heading for the first gain in a week after CGS-CIMB raises the hospital management co.’s PT to 3,000 rupiah.
CGS-CIMB raises Mitra Keluarga’s earnings forecast for 2019-2021 by 2%-5% due to higher patient volume growth and lower operating expenses to sales ratio assumptions

COAL FLOWS: Australia, Indonesia Exports Rise; China Buys More

(Bloomberg) -- Australia’s exports of thermal and metallurgical coal rise to 7.34m tons in the week to Oct. 11 from 6.85m tons the week before, according to Global Ports data in AHOY DRY compiled by Bloomberg.
Newcastle port shipments climb w/w to 3.59m tons from 2.61m
NOTE: Most coal from Newcastle is thermal
Indonesian exports increase to 5.85m from 4.91m
China imports rise to 3.86m from 3.4m
Japan imports fall to 1.67m from 2.51m
South Korea imports gain to 2.34m from 2.26m
India imports jump to 2.78m from 1.68m

NOTE: For more data on global commodity flows: AHOY DRY

Barito Pacific Cut to Sell at Mirae Asset Daewoo; PT IDR800

(Bloomberg) -- Mirae Asset Daewoo Co.,Ltd. analyst Lee Young Jun cut the recommendation on Barito Pacific Tbk PT to sell from trading buy.
PT set to IDR800, implies a 14% decrease from last price. Barito Pacific average PT is IDR633.33.
Analysts raised their consensus one-year target price for the stock by 2.2% in the past three months. Targets range from IDR436 to IDR800
Barito Pacific had 2 buys, 1 hold, 1 sell previously: Bloomberg data

Unilever Indonesia 9M Net Income 5.51 Trln Rupiah, -25% Y/y

(Bloomberg) -- Unilever Indonesia reported net income for the nine month period of 5.51 trillion rupiah, -25% y/y.
9M revenue 32.36 trillion rupiah, +2.7% y/y
9M EPS 722 rupiah
NOTE:
Shares rise 0.7% to 45,925 rupiah on 518,800 shares traded
5 buys, 18 holds, 7 sells

Indocement Reinstated Hold at UOB Kay Hian; PT IDR19,200

(Bloomberg) -- UOB Kay Hian reinstated coverage of Indocement Tunggal Prakarsa Tbk PT with a recommendation of hold.
PT set to IDR19,200, implies a 3.5% decrease from last price. Indocement average PT is IDR19,988.04.
Analysts raised their consensus one-year target price for the stock by 4.4% in the past three months. Targets range from IDR13,000 to IDR25,000

Indocement had 6 buys, 14 holds, 10 sells previously: Bloomberg data

IHSG Putar Balik Jadi Melemah
https://cnbcindonesia.com/market/20191016122014-17-107409/gara-gara-neraca-dagang-tekor-ihsg-putar-balik-jadi-melemah

Mau Untung Di Saham, Perhatikan BETA saham https://cnbcindonesia.com/investment/20191004134919-21-104470/mau-untung-di-saham-perhatikan-beta-sahamnya-dulu?utm_source=twitter&utm_medium=oa&utm_content=cnbcindonesia&utm_campaign=cmssocmed

Live trading CTASaham terbukti: 18 saham (9 profits vs 1 flat, no loss) di 10-16 Okt. Join member CTASaham di https://cta-saham.blogspot.com/2019/10/workshop-ctasaham-vip-jakarta-27.html?m=1




Indonesia’s Sept. Domestic Auto Sales Drop to 92,943 Units Y/y

(Bloomberg) -- Local auto sales drop from 93,311 units a year ago, Astra International says, citing data from Indonesia’s Automotive Industry Association, known as Gaikindo.
Sales rise from 90,439 units in Aug.; Jan.-Sept. sales total 753,594 units

Mitra Adiperkasa Extends Rally on Bets for Positive Outlook

(Bloomberg) -- Shares of the retailer climb for a fifth day to a record high on expectations that it will post double-digit earnings in 2019, driven by the retail and F&B segments, according to BNI Sekuritas
Company seen booking 15.6% revenue growth this year as it escalates progress on retail and F&B segments, BNI Sekuritas analyst William Siregar writes in Oct. 16 report
Fastest-growing premium brand and a lack of direct peers in the market will keep Mitra Adiperkasa’s resilience against potential headwinds in the industry
The brokerage estimates a 10.9% increase in net revenue to 15.7t rupiah for Jan.-Sept. on the back of numerous discount events that mostly happened in Aug.
Says new deal with Indonesia’s flag carrier Garuda Indonesia to supply in-flight snacks will be a catalyst for 4Q earnings
Maintains buy with PT unchanged at 1,300 rupiah

Shares gain as much as 8.2% in intraday trading, with volume 1.8x the daily three-month average; stock is up 42% YTD

Bank Rakyat Indonesia Reinstated Buy at BCA Sekuritas

(Bloomberg) -- BCA Sekuritas reinstated coverage of Bank Rakyat Indonesia Persero Tbk PT with a recommendation of buy.
PT set to IDR5,000, implies a 27% increase from last price. Bank Rakyat Indonesia average PT is IDR4,726.96.
Analysts raised their consensus one-year target price for the stock by 0.7% in the past three months. Targets range from IDR3,800 to IDR5,300
Bank Rakyat Indonesia had 24 buys, 8 holds, 1 sell previously: Bloomberg data

AKR Corporindo Reinstated Buy at Samuel Sekuritas; PT IDR4,790

(Bloomberg) -- Samuel Sekuritas Indonesia reinstated coverage of Akr Corporindo Tbk PT with a recommendation of buy.
PT set to IDR4,790, implies a 13% increase from last price. AKR Corporindo average PT is IDR4,880.
Analysts decreased their consensus one-year target price for the stock by 19% in the past three months. Targets range from IDR3,400 to IDR6,800
AKR Corporindo had 10 buys, 0 holds, 1 sell previously: Bloomberg data

Citi Sees Another Rate Cut by Indonesia in Oct. on Soft Growth

(Bloomberg) -- Citigroup sees Bank Indonesia slashing its benchmark policy rate by another 25bps in Oct. meeting, sooner than its previous estimate for a Nov. cut, on growth concern.
Recent economic data generally indicates continued growth softness, while Sept. trade balance still confirms current- account deficit compression in 3Q, analyst Helmi Arman writes in a report Wednesday
The still high real policy rate, compared to consensus inflation, may also be a consideration, given recent rate cuts by other Asian central banks
NOTE: Central bank has lowered the policy rate by 75bps in an effort to keep the economy afloat amid global economic slowdown
Sept. import didn’t pan out as expected, but, “it is unclear whether this is due to restocking of intermediate goods, or a sign that investment activity is holding up relatively well,” Arman says
Capital goods imports in 3Q did not worsen than 2Q which indicates that investment growth so far has not fallen drastically
Citi estimates 3Q C/A deficit at 2.5% of GDP, lower than 3.3% in same period a year ago, and the deficit seen narrowing to between 2% and 2.5% in 4Q
On a quarterly basis, commodity exports will see a tactical rebound, while machinery imports will be flat or lower
NOTE: Bank Indonesia’s board of governors scheduled to announce the policy rate on Oct. 24

PALM OIL: Prices Extend Gains on Firmer Petroleum, Weak Ringgit

(Bloomberg) -- Palm oil futures advanced further on firmer crude oil prices, a weaker ringgit and on signs that possible trade frictions between India and Malaysia could be resolved. Petroleum prices rose after two days of losses, making palm more attractive for blending into biofuel.

Bumi Resources Pays $302.2M Against Tranche A Principal, Coupon

(Bloomberg) -- Co. processes a seven payment of $31.8m by the respective facility agents on Oct. 15, 2019 for Tranche A, it says in an emailed statement.
The seventh quarterly payment represents principal of $23.2m and interest of $8.6m
Co. has now paid a total of $302.2m in cash, consisting of Tranche A principal $191.2m and interest of $111m
Next quarterly payment for Trance A is due on Jan. 8, 2020
PIK coupons from April 11, 2018 until Oct. 15, 2019 on Tranches B and C are also being capitalized

Indonesian Paper Shares Rally on Improving Demand From China

(Bloomberg) -- Shares of Indonesian paper producers rally after Credit Suisse said paper prices will continue to rise in China.
Paper price in China continues the upward trend due to improving demand in the peak season, downstream restocking amid extremely low inventory and production suspension due to stricter environmental protection rules, Credit Suisse analysts led by Yang Luo wrote in report dated Oct. 14
Surge in Chinese paper prices seems coming from improving demand which could trickle down to better pulp price in the future, says Wilbert Ham, analyst at Sinarmas Sekuritas
Indah Kiat Pulp & Paper gains as much as 7.6% and Pabrik Kertas Tjiwi Kimia gains 5.8%

Analis ekspektasi kabinet jilid II tidak di dominasi politisi 
http://amp.kontan.co.id/news/analis-ekspektasi-kabinet-jilid-ii-tidak-didominasi-politisi 

Melirik saham-saham jawara market cap https://nasional.tempo.co/read/1259163/mahasiswa-akan-demo-lagi-istana-jangan-rugikan-masyarakat/full&view=ok 

IHSG manis di akhir pekan 
https://cnbcindonesia.com/market/20191012143914-17-106504/ihsg-bikin-deg-degan-pahit-di-awal-manis-di-akhir 

4 Sentimen Penggerak Pasar Pekan Ini https://cnbcindonesia.com/market/20191013173117-17-106630/simak-inilah-4-sentimen-penggerak-pasar-pekan-depan

Week Ahead: Trade, Brexit Deals To Spur Rallies; Technicals Signal Resistance
https://www.investing.com/analysis/week-ahead-trade-brexit-deals-to-spur--rallies-technicals-signal-resistance-200472940

18 analisa teknikal intraday saham.unggulan Indonesia, jelang keputusan DEAL or NO DEAL negosiasi dagang AS - China hari ini.

Sebelumnya. Rekomendasi CTA 3 dari 6 saham (3 are next) anti badai di saat Ihsg ⤵️: BTPS FREN MAMI ⤴️✈️🎯.

Join W.S CTASaham Jakarta 27 Oktober; W.S VVIP Advanced Astrocycle 25-26 November Jakarta.

8 emiten yang bakal masuk indeks MSCI siapa paling layak + technical chart pattern (chart 5 tahun).


Cabinet Picks, Reforms to Provide Catalysts for Indonesia: Citi

(Bloomberg) -- President Joko Widodo‘s cabinet formation and continuation of reforms will be the key catalysts for the market, as investors were disappointed with the president’s past policies, according to Citi analyst Ferry Wong in a report
Citi met European and U.S. investors who were curious whether Jokowi, as the president is popularly known, would continue his interventionist policy which had hurt the cement sector in the past
Investors were “generally pretty disappointed on policies and reforms, although they acknowledged his successful push for infrastructure build-up and his willingness to make Indonesia a better country,” Wong writes
However, investors are interested more in Indonesia than the Philippines as Southeast Asia’s largest economy has more liquidity in the market, coupled with fewer investable firms in the Philippines
Bank Rakyat Indonesia, Bank Central Asia, Telekomunikasi Indonesia, Semen Indonesia, Lippo Karawaci and Astra International are among companies that being discussed in the meetings

Semen Indonesia Downgraded to Hold at Samuel on Oversupply

(Bloomberg) -- Semen Indonesia is likely to post flat sales next year amid continued oversupply in the cement industry, Samuel Sekuritas says in a report, downgrading to hold.
Company’s sales for Jan.-Aug. fell 6.% y/y, excluding acquisition of Solusi Bangun Indonesia, analyst Yosua Zisokhi writes in report
Sees Indonesia’s domestic cement consumption next year growing 3.7% y/y amid stagnant property business and small increase in government’s infrastructure budget
PT set at 11,500 rupiah

Asia Thermal Coal Prices May Never Top $100/Ton Again: Rystad

(Bloomberg) -- Seaborne Newcastle thermal coal prices expected to average ~$72/ton over long term, Steve Hulton, senior vice president for coal research at Rystad Energy, says at company’s annual summit in Singapore.
Marginal cost to set floor at ~$65/ton, while China’s policy of restricting imports may limit gains in seaborne prices
Demand for coal imports is declining in traditional Asian markets such as China, but is expected to be offset by new markets including Vietnam and Pakistan
Pacific Basin seaborne demand seen rising 37m tons y/y in 2019, while supply seen expanding 35m tons
Atlantic Basin demand to fall 15m tons, while supply may drop 17m tons
READ: Sept. 19, Australia Coal Exports to Rise ‘Slowly’ as Demand Uncertain: RBA

Indonesia Raises Avg. Oil Price to $60.84/Barrel for September

(Bloomberg) -- Price increased from $57.27 per barrel in Aug., Energy and Mineral Resources Ministry says in statement on website.
Increase due to OPEC and non-OPEC countries’ plan to extend production cap, which will be discussed during OPEC General Meeting in Dec.
Official selling price of Minas crude rose to $61.06/bbl for Sept. from $57.97 a month before

PALM OIL: Futures Head for Highest Close in 2 Weeks

(Bloomberg) -- Palm oil futures headed for their highest close in two weeks as data from Malaysia showed output in the world’s No. 2 producer was lower than market expectations. While September production was still inline with the 5-year historical average growth of 0.47%

Kinerja IHSG DJIA USDIDR GOLD pekan lalu, terimbas ketidakpastian global. Pekan ini mengamati pembentukan kabinet RI, foreign reserve RI (7 Okt: $124.33 B), pidato Fed Powell (8-9 Okt) & negosiasi dagang AS China (10 Okt). 

WEEK AHEAD: 
https://m.investing.com/analysis/week-ahead-recession-fears-falling-yields-to-weigh-on-stocks-bitcoin-lower-200470932?ampMode=1





Beberapa signal dari teknikal, memberikan peluang kenaikan di IHSG & saham unggulan (19 Sept & 3 Okt), terbukti ⤴️. Peluang kenaikan by fundamental, lapkeu Q3, spekulasi deal trade deal AS China, pembentukan kabinet baru RI, window dressing. https://katadata.co.id/berita/2019/10/04/sepanjang-2019-ihsg-anjlok-215-akhir-tahun-bisa-naik-ke-6400-6750#click=https://t.co/5PLRpzEOZ5




Indonesian Consumer Stocks Fall After Drop in Confidence Data

(Bloomberg) -- Gauge for consumer stocks in Jakarta Composite Index falls 0.9%, the most among 9 industry groups, after Bank Indonesia’s consumer survey showed overall confidence declines on month-on-month basis for 4 consecutive months.
Hanjaya Mandala Sampoerna -4.4%, providing biggest drag for both consumer gauge and the benchmark composite index
Gudang Garam -2.7%, Mayora Indah -0.9%
NOTE: Indonesia Sept. Consumer Confidence Weakens by 1.1% M/m (Table)

*BANK ARTOS SHARES TRADING HALT LIFTED STARTING MONDAY

 

Bank Negara Indonesia Reinstated Buy at BCA Sekuritas

(Bloomberg) -- BCA Sekuritas reinstated coverage of Bank Negara Indonesia Persero Tbk PT with a recommendation of buy.
PT raised to 8,500 rupiah from 7,500 rupiah, implies 22% increase. Bank Negara Indonesia average PT is 9,639 rupiah
Bank Negara Indonesia had 24 buys, 5 holds, 1 sell previously: Bloomberg data
Analysts lowered their consensus one-year target price for the stock by 6 percent in the past three months. Forecasts range from 7,547 rupiah to 11,500 rupiah.

Bank Rakyat Indonesia Raised to Overweight at JPMorgan

(Bloomberg) -- J.P. Morgan analyst Harsh Wardhan Modi upgraded the recommendation on Bank Rakyat Indonesia Persero Tbk PT to overweight from neutral.
PT set to 4,400 rupiah, implies 15% increase from last close. Bank Rakyat Indonesia average PT is 4,720 rupiah
Bank Rakyat Indonesia had 22 buys, 10 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 3,800 rupiah to 5,300 rupiah.

Bank Mandiri Upgraded to Overweight at JPMorgan; PT 7,200 Rupiah

(Bloomberg) -- J.P. Morgan analyst Harsh Wardhan Modi upgraded the recommendation on Bank Mandiri Persero Tbk PT to overweight from neutral.
PT set to 7,200 rupiah, implies 13% increase from last close. Bank Mandiri average PT is 8,895 rupiah
Bank Mandiri had 21 buy, 9 holds, 0 sells previously: Bloomberg data
Analysts raised their consensus one-year target price for the stock by 1.2 percent in the past three months. Forecasts range from 7,200 rupiah to 10,100 rupiah.

Telkom Indonesia Raised to Buy at Trimegah Securities

(Bloomberg) -- Trimegah Securities Tbk PT analyst Sebastian Tobing upgraded the recommendation on Telekomunikasi Indonesia Persero Tbk PT to buy from neutral.
PT raised to 4,750 rupiah from 4,500 rupiah, implies 13% increase. Telkom Indonesia average PT is 4,756 rupiah
Telkom Indonesia had 25 buys, 5 holds, 1 sell previously: Bloomberg data
Analysts raised their consensus one-year target price for the stock by 9.9 percent in the past three months. Forecasts range from 3,610 rupiah to 5,350 rupiah.

XL Axiata Raised to Buy at Trimegah Securities; PT 3,850 Rupiah

(Bloomberg) -- Trimegah Securities Tbk PT analyst Sebastian Tobing upgraded the recommendation on XL Axiata Tbk PT to buy from neutral.
PT raised to 3,850 rupiah from 3,500 rupiah, implies 13% increase. XL Axiata average PT is 3,938 rupiah
XL Axiata had 26 buys, 4 holds, 0 sells previously: Bloomberg data
Analysts raised their consensus one-year target price for the stock by 13 percent in the past three months. Forecasts range from 3,100 rupiah to 5,900 rupiah.

Indosat Upgraded to Buy at Trimegah Securities; PT 4,600 Rupiah

(Bloomberg) -- Trimegah Securities Tbk PT analyst Sebastian Tobing upgraded the recommendation on Indosat Tbk PT to buy from neutral.
PT raised to 4,600 rupiah from 1,850 rupiah, implies 68% increase. Indosat average PT is 3,333 rupiah
Indosat had 11 buy, 9 holds, 7 sells previously: Bloomberg data
Analysts raised their consensus one-year target price for the stock by 37 percent in the past three months. Forecasts range from 1,500 rupiah to 7,000 rupiah.

BASE METALS: Nickel Heads for Weekly Advance on Supply Concerns

(Bloomberg) -- Nickel headed for the first weekly gain in three as an impending ban on Indonesia’s ore exports is causing a drawdown in stockpiles amid rising supply concerns. Inventories tracked by the London Metal Exchange plunged by a record on a tonnage basis Thursday, to the lowest level in more than six years. Prices have surged more than 60% this year after top producer Indonesia decided to bring forward the curb on ore shipments and enforce it from January, two years earlier than planned. 

PALM OIL: Futures Set for Weekly Advance on Soybean Oil’s Rally

(Bloomberg) -- Palm oil climbed on Friday as a rally in soybean oil prices raised investors’ appetite for futures of the tropical commodity. Palm oil added 0.7% this week. Soybean oil rose 3.5% this week, set for its biggest weekly gain since August 9. U.S. data showed the domestic oilseed crush and soybean-oil inventory in August trailed analyst estimates in a Bloomberg survey. 

Bloody market that make Jakarta Composite Index & stocks to be undervalued & oversold technically.



Indonesian Stocks Drop to 2-Month Low as Banks Retreat (Bloomberg) -- Indonesian equities drop, sending the benchmark Jakarta Composite Index to its lowest intraday since Aug. 6, as financial stocks retreat amid concerns about slowing loan growth, according to Evan Hadiwidjaja, head of research at Sinarmas Sekuritas. Jakarta Composite Index -1.1% Bank Rakyat Indonesia -3.7%, Bank Mandiri -5.4%, Bank Negara Indonesia -4.5%, Bank Central Asia +0.5% Industry data suggested slowing loan growth among lenders, while credit costs have started to increase as banks raise provisions: Hadiwidjaja Jakarta Finance Index -1.8%, biggest decliner among 9 industry groups in the composite gauge NOTE: Bank loan growth at 8.6% Y/y in August, slowest pace since March 2018, according to data from Indonesia’s Financial Services Authority Antam Cut to Trading Buy at Mirae Asset Daewoo; PT 1,115 Rupiah (Bloomberg) -- Mirae Asset Daewoo Co.,Ltd. analyst Andy Wibowo Gunawan downgraded the recommendation on Aneka Tambang Tbk to trading buy from buy. PT set to 1,115 rupiah, implies 18% increase from last close. Antam average PT is 1,191 rupiah Antam had 14 buys, 1 hold, 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 1,000 rupiah to 1,400 rupiah. Erajaya Swasembada Cut to Hold at BNI Securities (Bloomberg) -- BNI Securities analyst William Siregar downgraded the recommendation on Erajaya Swasembada Tbk PT to hold from buy. PT set to 1,900 rupiah, implies 11% increase from last close. Erajaya Swasembada average PT is 1,905 rupiah Erajaya Swasembada had 6 buys, 6 holds, 1 sell previously: Bloomberg data Analysts raised their consensus one-year target price for the stock by 23 percent in the past three months. Forecasts range from 1,150 rupiah to 4,500 rupiah. Ace Hardware Indonesia’s PT Lowered by CIMB on Slowing Growth (Bloomberg) -- Revenue growth of retailer Ace Hardware Indonesia is expected to slow down in the future as store expansion over the past three years has boosted its growth, Patricia Gabriela, analyst at CGS-CIMB Securities, writes in report. Signs of “growth fatigue is emerging” after the company’s “aggressive store openings and pricing” have its growth over the last 3 years: Gabriela PT lowered to 1,700 rupiah from 1,800 rupiah; hold recommendation maintained Ace Hardware’s EPS forecast for 2020 and 2021 reduced by 5-8% on slower same-store- sales growth and lower margins: CGS-CIMB NOTE: Ace Hardware Indonesia’s Same-Store Sales Growth at 8.7% in Aug.

Oktober, Baiknya Beli atau Jualan Saham?

https://www.cnbcindonesia.com/market/20190930174654-17-103260/memasuki-oktober-baiknya-beli-atau-jualan-saham-ya

Proyeksi IHSG di Q4 2019?

https://investasi.kontan.co.id/news/lesu-di-triwulan-iii-bagaimana-proyeksi-ihsg-di-kuartal-terakhir-2019

Likuiditas saham usai stock split

https://investasi.kontan.co.id/news/ini-kata-analis-tentang-likuiditas-saham-usai-stock-split

Simak saham masuk daftar efek margin & shortsell

https://investasi.kontan.co.id/news/simak-saham-saham-yang-masuk-dalam-daftar-efek-margin-dan-shortsell-bulan-oktober