January - February AS CTASaham Expected (3 Bad Astrocycle Hit IHSG Below 5.500). March: Bargain Hunting In Feb For Short Term Trading That Market Is Not Bottoming Yet!
Faktor pandemi #coronavirus, technical breakdown (support low & chart pattern), foreign net sell, bad astrocycle (target moderat IHSG 3.800-4.000 di chart CTASaham 30 Agustus 2019), masih bebani kinerja IHSG, meski ada peluang dalam waktu dekat big technical rebound part 1 di indeks saham global. Watch buy level 3.930 pekan lalu (sempat capai 4.238: 20 Maret), support 2: 3.600-3.800 menuju 4.239/4.484/4.939. Fokus saham big cap sektor banking, consumer farmasi mining property basic industry (terutama yang sudah discount 30%-50% di 2020. Wait for the next How Long Can Part 3!
LINK VIDEO: HOW LONG CAN YOU GO PART 2!
https://lnkd.in/fdq7iRD
https://lnkd.in/fS-j83T
Chart Analysis 18 Maret:
IHSG ditutup di zona hijau, masih turun 10,75% dalam sepekan terakhir
https://investasi.kontan.co.id/news/ihsg-ditutup-di-zona-hijau-masih-turun-1075-dalam-sepekan-terakhir
IHSG HIGH LOW 4.937 - 4.639
USDIDR HIGH 14.840
IHSG anjlok 10,75% dalam sepekan, Ketua OJK minta investor pasar modal tak ikut panik
https://investasi.kontan.co.id/news/ihsg-anjlok-1075-dalam-sepekan-ketua-ojk-minta-investor-pasar-modal-tak-ikut-panik
Mencari Formula Peredam Kepanikan Pasar Saham
https://market.bisnis.com/read/20200313/7/1212928/mencari-formula-peredam-kepanikan-pasar-saham
Paket Stimulus Kedua Diumumkan, IHSG Ditutup Berbalik Menguat
https://market.bisnis.com/read/20200313/7/1212981/paket-stimulus-kedua-diumumkan-ihsg-ditutup-berbalik-menguat
Daftar Lengkap Stimulus Corona, PPh Sampai Kemudahan Impor
https://www.cnbcindonesia.com/news/20200313142024-4-144691/daftar-lengkap-stimulus-corona-pph-sampai-kemudahan-impor
Friday The 13th, Sempat Disetop IHSG Selamat Ditutup Hijau
https://www.cnbcindonesia.com/market/20200313163853-17-144748/friday-the-13th-sempat-disetop-ihsg-selamat-ditutup-hijau
Buyback: Kalbe Siapkan Rp 18 M, Surya Semesta Rogoh Rp 300 M
https://www.cnbcindonesia.com/market/20200313162657-17-144743/buyback-kalbe-siapkan-rp-18-m-surya-semesta-rogoh-rp-300-m
Perhatian! Bank Panin Siap Buyback Rp 480 M
https://www.cnbcindonesia.com/market/20200313161905-17-144741/perhatian-bank-panin-siap-buyback-rp-480-m
Bursa Saham Bergejolak, Benarkah Mirip Krisis 2008?
https://www.cnbcindonesia.com/market/20200313153912-17-144724/bursa-saham-bergejolak-benarkah-mirip-krisis-2008
*Rekap Laba (-Rugi) Emiten FY19 vs FY18*
*(12.03.2020)*
*BANK & FINANCE*
• BBRI Rp34.4t vs Rp32.3t
• BBCA Rp28.5t vs Rp25.8t
• BMRI Rp27.5t vs Rp25.0t
• BBNI Rp15.4t vs Rp15.0t
• BDMN Rp4.07t vs Rp3.92t
• BNGA Rp3.64t vs Rp3.48t
• PNBN Rp3.32t vs Rp3.11t
• NISP Rp2.94t vs Rp2.64t
• MEGA Rp2.00t vs Rp1.59t
• BNII Rp1.84t vs Rp2.19t
• BNLI Rp1.58t vs Rp941m
• BJBR Rp1.56t vs Rp1.55t
• BTPS Rp1.39t vs Rp965m
• BJTM Rp1.38t vs Rp1.26t
• WOMF Rp259m vs Rp215m
• BBTN Rp209m vs Rp2.81t
• BRIS Rp74.0m vs Rp107m
• AGRO Rp51.1m vs Rp204m
• PNBS Rp13.2m vs Rp20.8m
*TELCO, TECH & MEDIA*
• MNCN Rp2.35t vs Rp1.61t
• ISAT Rp1.57t vs -Rp2.40t
• EXCL Rp712m vs -Rp3.29t
• ASGR Rp251m vs Rp270m
*CONSUMER & PHARMACY*
• UNVR Rp7.39t vs Rp9.08t
• MLBI Rp1.20t vs Rp1.22t
• SIDO Rp808m vs Rp664m
• ROTI Rp301m vs Rp173m
*RETAIL*
• LPPF Rp1.37t vs Rp1.09t
*PROPERTY & RELATED*
•
*CONSTRUCTION*
• WSBP Rp806m vs Rp1.10t
• WTON Rp512m vs Rp486m
• WEGE Rp452m vs Rp444m
• ACST -Rp1.14t vs Rp18m
*INFRASTRUCTURE RELATED*
• SMCB Rp499m vs -Rp828m
*AUTO & HEAVY EQUIPMENT*
• ASII Rp21.7t vs Rp21.6t
• UNTR Rp11.3t vs Rp11.1t
• AUTO Rp739m vs Rp611m
*MANUFACTURING*
• FASW Rp969m vs Rp1.40t
*TRADE & SERVICES*
• PRDA Rp210m vs Rp175m
*OIL & MINING RELATED*
• ADRO $404jt vs $418jt
• PTBA Rp4.06t vs Rp5.02t
• ITMG $129jt vs $262jt
• INCO $57.4jt vs $60.5jt
• DOID $20.5jt vs $75.6jt
• ELSA Rp356m vs Rp276m
*AGRICULTURE & POULTRY*
• JPFA Rp1.76t vs Rp2.17t
• LSIP Rp254m vs Rp331m
• AALI Rp211m vs Rp1.44t
• SIMP -Rp546m vs -Rp76.5m
**********
Unilever Indonesia Raised to Buy at RHB Research Institute
(Bloomberg) -- RHB analyst Michael Setjoadi raised the recommendation on Unilever Indonesia Tbk PT to buy from neutral.
- PT set to IDR8,600, implies a 26% increase from last price. Unilever Indonesia average PT is IDR8,787.50.
- Targets range from IDR7,000 to IDR10,150
- Unilever Indonesia had 11 buy, 16 holds, 5 sells previously: Bloomberg data
Bank Negara Indonesia Raised to Overweight at JPMorgan
(Bloomberg) -- J.P. Morgan analyst Harsh Wardhan Modi raised the recommendation on Bank Negara Indonesia Persero Tbk PT to overweight from neutral.
- PT set to IDR6,000, implies a 19% increase from last price. Bank Negara Indonesia average PT is IDR8,854.36.
- Targets range from IDR6,000 to IDR10,525
- Bank Negara Indonesia had 24 buys, 3 holds, 2 sells previously: Bloomberg data
Waskita Beton Precast Raised to Buy at Sucor Sekuritas
(Bloomberg) -- Sucor Sekuritas analyst Joey Faustian raised the recommendation on Waskita Beton Precast Tbk PT to buy from hold.
- PT set to IDR300, implies a 89% increase from last price. Waskita Beton Precast average PT is IDR359.17.
- Targets range from IDR300 to IDR880
- Waskita Beton Precast had 9 buys, 3 holds, 0 sells previously: Bloomberg data
Kalbe Farma Sets Max. Buyback Price at 1,500 Rupiah/Share
(Bloomberg) -- Indonesia’s drug maker to buy back as many as 1.87b shares from March 16 to June 15, it says in stock exchange filing. To contact the reporter on this story: Rieka Rahadiana in Jakarta at rrahadiana@bloomberg.net
Bank Rakyat Indonesia Plans to Spend IDR3T for Shares Buyback
(Bloomberg) -- Indonesia’s state lender will buy back shares from March 13 to June 12, it says in statement to stock exchange.
- The amount won’t include cost of buyback, brokerage fee and other costs related to the buyback
- Company will purchase at a price considered good and reasonable by the management
- Appoints Danareksa Sekuritas to carry out the buyback
Ace Hardware Raised to Buy at Yuanta Securities; PT IDR1,540
(Bloomberg) -- Yuanta Securities Investment Consulting Co. Ltd analyst Mewaharti Lai raised the recommendation on Ace Hardware Indonesia Tbk PT to buy from hold.
- PT set to IDR1,540, implies a 9.6% increase from last price. Ace Hardware average PT is IDR1,640.33.
- Targets range from IDR1,220 to IDR1,900
- Ace Hardware had 6 buys, 14 holds, 4 sells previously: Bloomberg data
AKR Corporindo to Spend Max. 500B Rupiah for Shares Buyback
(Bloomberg) -- Co. to buy back max. 172.63m shares from March 16 to June 12, it says in stock exchange filing.
- Buyback price to be set lower or same as previous completed market trades
- Appoints Samuel Sekuritas to conduct buyback
- Co. to use internal cash to finance buyback
Ace Hardware Indonesia’s Feb. Same-Store Sales Rise 6.8% Y/y
(Bloomberg) -- Sales revenue was 641.3b rupiah in February, Ace Hardware Indonesia says in emailed statement.
- Jan.-Feb. sales revenue at 1.35t rupiah
IHSG anjlok 5,01% ke level terendah sejak Juni 2016
Setelah Black Monday, hari ini sesuai.dengan prediksi by technical analysis & astrocycle (lihat artikel 9-10 Maret 2020), market terbukti belum bottom, rebound hari.Senin Selasa untuk profit taking for the next selling. What next? Potensi short term rebound bisa terjadi dari gap
dalam wave koreksi v (below 4.970-5.000 support), namun swing is not bottom yet. Pick the outperform stocks & sectors. Good luck!
IHSG Drop 4%, Ini Saham-saham yang Menjadi Pemicu Koreksi
Saham Konstruksi Kena Auto Reject Asimetris brt.st/6uEV
Ada Auto Reject Asimetris, kok 5 Saham LQ45 Drop 10% Lebih?
Goldman Slashes S&P 500 Forecast, Calling for End to Bull Market
Coronavirus stock selloff means bull market will ‘soon end’, says Goldman — sees S&P 500 falling another 15%
Warren Buffett on the ‘one-two punch’ market panic: It took me 89 years to experience something like this
HM Sampoerna Raised to Add at CIMB; PT IDR2,200
(Bloomberg) -- CIMB analyst Patricia Gabriela raised the recommendation on Hanjaya Mandala Sampoerna Tbk PT to add from hold.
Black Monday...How Long Can You Go!
- PT set to IDR2,200, implies a 35% increase from last price. HM Sampoerna average PT is IDR2,166.67.
- Targets range from IDR1,450 to IDR4,000
- HM Sampoerna had 18 buys, 9 holds, 6 sells previously: Bloomberg data
Bank Permata Cut to Fully Valued at BCA Sekuritas; PT IDR1,000
(Bloomberg) -- BCA Sekuritas analyst Johanes Prasetia cut the recommendation on Bank Permata Tbk PT to fully valued from hold.
- PT set to IDR1,000, implies a 22% decrease from last price. Bank Permata average PT is IDR1,275.
- Targets range from IDR465 to IDR1,450
- Bank Permata had 1 buy, 3 holds, 0 sells previously: Bloomberg data
Nippon Indosari Plans to Buy Back Max. 700 Million Shares
(Bloomberg) -- Shares will be bought at max. 1,500 rupiah each, Nippon Indosari says in stock exchange filing.
- The Indonesian bread maker company will hold the buyback on March 12-June 11
- Shares buyback to provide flexibility for the company to manage long-term capital, so that the treasury shares can be sold in the future with optimal value if the company needs additional capital
Bukit Asam Earnings More Defensive Than Peers: Earnings Outlook
*S&P REVISES MEDCO ENERGI OUTLOOK TO NEGATIVE; AFFIRMS 'B+' RTG
Black Monday...How Long Can You Go!
Crashnya harga minyak dunia (YTD -42%) akibat perang harga Saudi vs Rusia, menyebabkan heavy selloff di pasar saham global, IHSG terkoreksi 6.5%. Meski kondisi technical short term oversold, rawan rebound intraday (dari level low hari ini), sebelum the next selling (by astrocycle). Sebelumnya CTASaham rekomen sell on rebound indeks DJIA (rekomendasi 3 Maret) ke target 24.000 (Done 9/3). IHSG break level 5.288 ke next intraday 3 gaps di range 4.800-5.150, 4 gaps 5.250-5.850 (hope ).
Detailnya hanya ada di Seminar CTASaham Jakarta 22 Maret (prediksi selloff IHSG sudah di antisipasi sejak Sept 2019). Prefer cicil beli saham unggulan (good fundamental & dividend oriented), dengan sektor outperform seperti Banking, Trade, Consumer Goods (lihat charts).
Kalbe Farma Raised to Buy at Samuel Sekuritas; PT IDR1,600
(Bloomberg) -- Samuel Sekuritas Indonesia analyst Suria Dharma raised the recommendation on Kalbe Farma Tbk PT to buy from sell.
*INDONESIA'S ANTAM, BUKIT ASAM, TIMAH ALSO PLAN BUYBACK: KOMPAS- PT set to IDR1,600, implies a 34% increase from last price. Kalbe Farma average PT is IDR1,587.62.
- Targets range from IDR1,200 to IDR2,000
- Kalbe Farma had 18 buys, 6 holds, 3 sells previously: Bloomberg data
*BANK MANDIRI, BANK RAKYAT AMONG FIRMS PLANNING BUYBACK: KOMPAS
Bukit Asam Raised to Buy at Maybank; PT IDR2,800
(Bloomberg) -- Maybank Kim Eng analyst Isnaputra Iskandar raised the recommendation on Bukit Asam Tbk PT to buy from hold.
- PT set to IDR2,800, implies a 27% increase from last price. Bukit Asam average PT is IDR2,680.71.
- Targets range from IDR1,820 to IDR4,880
- Bukit Asam had 12 buys, 7 holds, 5 sells previously: Bloomberg data
- Bukit Asam reported earnings that trailed and sales that topped estimates for the quarter on March 4.
Telkom Indonesia Raised to Buy at Indo Premier Securities
(Bloomberg) -- Indo Premier Securities analyst Hans Tantio raised the recommendation on Telekomunikasi Indonesia Persero Tbk PT to buy from hold.
- PT set to IDR4,000, implies a 14% increase from last price. Telkom Indonesia average PT is IDR4,658.70.
- Targets range from IDR3,610 to IDR5,800
- Telkom Indonesia had 31 buy, 3 holds, 1 sell previously: Bloomberg data
XL Axiata Rated New Buy at Phillip Secs; PT IDR3,800
(Bloomberg) -- Phillip Securities initiated coverage of XL Axiata Tbk PT with a recommendation of buy.
- PT set to IDR3,800, implies a 81% increase from last price. XL Axiata average PT is IDR3,829.29.
- Targets range from IDR2,800 to IDR5,750
- XL Axiata had 31 buy, 3 holds, 0 sells previously: Bloomberg data
Indosat Rated New Buy at Phillip Secs; PT IDR3,150
(Bloomberg) -- Phillip Securities initiated coverage of Indosat Tbk PT with a recommendation of buy.
- PT set to IDR3,150, implies a 58% increase from last price. Indosat average PT is IDR3,375.21.
- Targets range from IDR1,400 to IDR7,000
- Indosat had 20 buys, 6 holds, 4 sells previously: Bloomberg data
- Indosat reported sales that topped estimates for the quarter on Feb. 24.
Medco Energi Cut to Hold at DBS Bank; PT IDR700
(Bloomberg) -- DBS Bank analyst William Simadiputra cut the recommendation on Medco Energi Internasional Tbk PT to hold from buy.
- PT set to IDR700, implies a 31% increase from last price. Medco Energi average PT is IDR980.
- Targets range from IDR550.34 to IDR1,600
- Medco Energi had 5 buys, 2 holds, 0 sells previously: Bloomberg data
Panic Selling Hits Indonesia, Philippine Stocks Set for Bear Run
https://www.bloomberg.com/news/articles/2020-03-09/philippine-stocks-head-for-bear-market-as-losses-accelerate?utm_campaign=socialflow-organic&cmpid%3D=socialflow-twitter-markets&utm_source=twitter&utm_content=markets&utm_medium=social
Oil now a ‘bigger problem for markets than the coronavirus,’ analyst says
https://www.cnbc.com/2020/03/08/oil-a-bigger-problem-for-markets-than-the-coronavirus-after-opec-deal-collapse.html?__source=twitter%7Cmain
'Setelah Perang Dagang dan Wabah Corona, Kini Perang Minyak'
https://www.cnbcindonesia.com/news/20200309111444-4-143379/setelah-perang-dagang-dan-wabah-corona-kini-perang-minyak?utm_source=twitter&utm_medium=oa&utm_campaign=cnbcsocmed
Waduh, harga minyak WTI anjlok ke US$ 28,12 dan Brent jatuh ke US$ 32,12 per barel
https://investasi.kontan.co.id/news/waduh-harga-minyak-wti-anjlok-ke-us-2812-dan-brent-jatuh-ke-us-3212-per-barel
Meski di zona optimisme, keyakinan konsumen Februari 2020 menurun
https://nasional.kontan.co.id/news/meski-di-zona-optimis-keyakinan-konsumen-bulan-februari-2020-menurun
Breakneck Speed of Sell-Off Puts Longest Bull Market in Jeopardy
https://www.bloomberg.com/news/articles/2020-03-09/breakneck-speed-of-sell-off-puts-oldest-bull-market-in-jeopardy?utm_content=markets&utm_medium=social&utm_source=twitter&cmpid%3D=socialflow-twitter-markets&utm_campaign=socialflow-organic
Sudah anjlok 12,72% sejak awal tahun, bagaimana valuasi IHSG saat ini?
https://investasi.kontan.co.id/news/sudah-anjlok-1272-sejak-awal-tahun-bagaimana-valuasi-ihsg-saat-ini
S&P proyeksi kerugian Asia Pasifik capai US$ 211 miliar akibat virus corona
https://nasional.kontan.co.id/news/sp-proyeksi-kerugian-asia-pasifik-capai-us-211-miliar-akibat-virus-corona
Valuasi IHSG terdiskon, investor bisa mencermati saham-saham ini
https://investasi.kontan.co.id/news/valuasi-ihsg-terdiskon-investor-bisa-mencermati-saham-saham-ini
Moody’s, Pemeringkat Milik Warren Buffet Koreksi Ekonomi Indonesia
Artikel ini telah tayang di Katadata.co.id dengan judul "Moody’s, Pemeringkat Milik Warren Buffet Koreksi Ekonomi Indonesia" , https://katadata.co.id/berita/2020/03/09/moodys-pemeringkat-milik-warren-buffet-koreksi-ekonomi-indonesia
Morgan Stanley expects FOMC to cut 75bps(50 on March 18, 25 in April)
https://www.forexlive.com/centralbank/!/morgan-stanley-expects-fomc-to-cut-75bps50-on-march-18-25-in-april-20200309
14 saham LQ45 ini PER-nya turun lebih 15% dalam sebulan, cek deh!
https://investasi.kontan.co.id/news/14-saham-lq45-ini-per-nya-turun-lebih-15-dalam-sebulan-cek-deh
Indonesia Stock Index Set for Bear Market on Outbreak
(Bloomberg) -- Indonesia’s benchmark stock index falls as much 3.6%, extending its decline from its Feb. 2018 peak to 20%, poised to enter a so-called bear market.
- Bank Central Asia -3.3%, Bank Mandiri -5.5%, Telekomunikasi Indonesia -4.3%
- NOTE: Earlier, Oil Drops 31% in Worst Loss Since Gulf War as Price Fight Erupts
INDONESIA DAYBOOK: Cabinet Meeting, BI-Manpower Ministry Pact
(Bloomberg) -- President Joko Widodo holds cabinet meeting at 1pm with Coordinating Minister for Maritime Affairs and Investment Luhut Pandjaitan attending. WHAT TO WATCH:
- Bank Indonesia Governor Perry Warjiyo and Manpower Minister Ida Fauziyah to attend the signing of competency standardization for professional accreditation at 8:30am
- Finance Minister Sri Mulyani Indrawati to swear in second and third echelon officials at 8:30am
- Mirae Asset Sekuritas’ discussion on impact of Covid-19 at 10am
- Bank Indonesia to publish Feb. consumer survey report
- Michelin’s press briefing on business plan after the acquisition of Multistrada Arah Sarana at 11am, with President Director Group for Indonesia Steven Vette speaking
- Bank Danamon holds analyst briefing at 2pm
- Minister Pandjaitan to hold meeting with Borobudur authority agency at 4:30pm
- Foreign Minister Retno Marsudi meets her Dutch counterpart and witnesses the signing of implementation agreement or technical on cooperation on sustainable palm oil at 6:20pm
- First day of trading of Esta Multi Usaha and Batulicin Nusantara Maritim
Vale Indonesia Raised to Buy at DBS Bank; PT IDR3,300
(Bloomberg) -- DBS Bank analyst Eun Young Lee raised the recommendation on Vale Indonesia Tbk PT to buy from hold.
- PT set to IDR3,300, implies a 26% increase from last price. Vale Indonesia average PT is IDR3,761.36.
- Targets range from IDR2,400 to IDR5,000
- Vale Indonesia had 11 buy, 8 holds, 1 sell previously: Bloomberg data
- Vale Indonesia reported sales that topped estimates for the quarter on Feb. 20.
Astra Intl. Cut to Hold at Ciptadana; PT IDR6,490
(Bloomberg) -- Ciptadana Sekuritas analyst Arief Budiman cut the recommendation on Astra International Tbk PT to hold from buy.
- PT set to IDR6,490, implies a 14% increase from last price. Astra Intl. average PT is IDR7,286.90.
- Targets range from IDR1,450 to IDR9,000
- Astra Intl. had 22 buys, 5 holds, 1 sell previously: Bloomberg data
- Astra Intl. reported earnings that topped and sales that trailed estimates for the quarter on Feb. 27.
HM Sampoerna Raised to Buy at BCA Sekuritas; PT IDR2,200
(Bloomberg) -- BCA Sekuritas analyst Pandu Anugrah raised the recommendation on Hanjaya Mandala Sampoerna Tbk PT to buy from hold.
- PT set to IDR2,200, implies a 27% increase from last price. HM Sampoerna average PT is IDR2,180.
- Targets range from IDR1,450 to IDR4,000
- HM Sampoerna had 17 buys, 9 holds, 7 sells previously: Bloomberg data
Rupiah Extends Fall as Bond Outflows Continue: Inside Indonesia
(Bloomberg) -- Rupiah falls for the third day and bond yields climb as foreign funds sell the nation’s debt for the ninth straight day amid risk aversion as the coronavirus spread continues.
- USD/IDR rises 0.7% to 14,348, after gaining 0.9% in last two sessions
- 10-year government bond yield rises 32bps to 7.08% after 21bps jump on Friday
- Bank Indonesia targets to buy 2t rupiah bonds as yields rise
- It purchased total of 3.5t rupiah worth of govt bonds Friday as it steps up efforts to curb volatility in financial markets over coronavirus fears
- Global funds sold a net $76.6m in Indonesian bonds on March 5, the ninth day of outflows, according to finance ministry data; sold a net $91.6m in country’s equities on March 6
- READ: Emerging Market Capital Outflows Hit Record Levels, IIF Says
- “I think the energy complex taking a hit alongside negative credit ripples may be seeing investors shorting Indonesia related risks and this may be reflected partly in the IDR,” says Vishnu Varathan, head of economics and strategy at Mizuho Bank Ltd. in Singapore
- Sees Indonesian bond outflows continuing amid weak sentiment; expects USD/IDR to trade between 14,100 to 14,400 in near term
- READ: Saudis Plan Big Oil Output Hike, Beginning All-Out Price War
- The nation to publish Feb. consumer survey report, prior 121.7
- Indonesia reported two fresh cases of coronavirus infection on Friday, taking the nation’s total number of people afflicted with the deadly disease to four
- Bank Indonesia overnight index average rate was set at 4.59208% on Friday vs. 4.61299% Thursday
10 artikel & chart pekan ini (2 - 6 Maret), terbukti lagi IHSG ditutup menguat, namun kena profit taking (sell area 5.650-5.748 di 5 Maret), memberikan keuntungan kepada member CTASaham & rekan2 di socmed dari saham farmasi (INAF KAEF KLBF haka trading 3 Maret - 6 Maret, akumulasi sejak 23-27 Januari), saham dari kenaikan harga emas (MDKA PSAB SQMI).
IHSG ditutup menguat 0.84%, foreign sell Rp 1.76 triliun (YTD Rp 6.49 triliun), capai tertinggi 5.715 dari level terendah 5.288 (capai target CTAsaham 5.328). Next: IHSG selama bertahan diatas support line 5.480 - 5.500, masih ada peluang ke target Gap di chart CTASaham. Untuk bearish view, support 5.366/5.288 low 3 Maret. Swing trend belum bottom untuk IHSG. WATCH: BI & FOMC MEETING dari efek mewabahnya #coronavirus. Stay safe & clean. Good luck & happy cuan.
Join the powerful & proven Workshop seminar CTASaham 22 Maret Jakarta. Get discount Rp 4 juta & free membership (unlimited time), bonus2 yang hanya ada di CTASaham (Outlook saham 2020 - 2021). Contact: 0818 0670 7478 (Andri Zakarias).
Dihajar Profit Taking, IHSG Akhirnya KO Terkoreksi 0,21%
https://www.cnbcindonesia.com/market/20200305162356-17-142769/dihajar-profit-taking-ihsg-akhirnya-ko-terkoreksi-021
IHSG Merah, Saham Anak-Anak BRI Malah Melesat ke Batas Atas
https://www.cnbcindonesia.com/market/20200305162213-17-142772/ihsg-merah-saham-anak-anak-bri-malah-melesat-ke-batas-atas
Melihat prospek saham pilihan investor asing
https://investasi.kontan.co.id/news/melihat-prospek-saham-pilihan-investor-asing
Bank Sentral di Seluruh Dunia Ramai-Ramai Pangkas Suku Bunga
Read more at: https://investor.id/market-and-corporate/bank-sentral-di-seluruh-dunia-ramairamai-pangkas-suku-bunga
Teori Konspirasi: Tekonologi 5G Penyebab Lahirnya Virus Corona
https://www.viva.co.id/digital/digilife/1203384-teori-konspirasi-tekonologi-5g-penyebab-lahirnya-virus-corona
Indonesia’s Mandiri Investasi Sees Volatility to Remain Until 2Q
(Bloomberg) -- Fund manager Mandiri Manajemen Investasi expects volatility in Indonesia’s financial markets to subside and sees recovery from 3Q, according to Chief Investment Officer Aldo Perkasa.
Recovery to be supported by govt’s stimulus, Perkasa tells reporters in Jakarta on Thursday
NOTE: Indonesia Plans New Stimulus Package to Counter Virus Threat (2)
NOTE: Indonesian Stocks Drop as Govt Confirms First Coronavirus Cases
NOTE: Mandiri Manajemen Investasi is part of state lender Bank Mandiri
Co. still sees room for Bank Indonesia to cut rate by additional 25 basis points this year
Co. plans to recalculate its Jakarta Composite Index forecast for 2020 after listed firms publish 1Q earnings
Current forecast range set at 6,900-7,000
Downside risks expected in 1Q from coronavirus outbreak and state insurer Asuransi Jiwasraya’s financial issues
Indonesia Raises Coal Benchmark Price for March Delivery
(Bloomberg) -- Benchmark increased to $67.08 per ton from $66.89 in the previous month, according to the Energy and Mineral Resources Ministry.
Rising demand from South Korea, Japan and India led the rise, Agung Pribadi, the ministry’s spokesman says by phone on Thursday
Supply from China declines as mines haven’t resumed production yet after the Chinese New Year holiday and the virus outbreak
Adaro Energy Cut to Sell at Ciptadana; PT IDR980
(Bloomberg) -- Ciptadana Sekuritas analyst Thomas Radityo cut the recommendation on Adaro Energy Tbk PT to sell from hold.
PT set to IDR980, implies a 17% decrease from last price. Adaro Energy average PT is IDR1,600.71.
Targets range from IDR812 to IDR2,410
Adaro Energy had 12 buys, 8 holds, 3 sells previously: Bloomberg data
Adaro Energy reported sales that trailed estimates for the quarter on March 3.
Matahari Department Store Cut to Underperform at Credit Suisse
(Bloomberg) -- Credit Suisse analyst Deidy Wijaya cut the recommendation on Matahari Department Store Tbk PT to underperform from neutral.
PT set to IDR2,535, implies a 21% decrease from last price. Matahari Department Store average PT is IDR3,463.95.
Targets range from IDR2,535 to IDR11,700
Matahari Department Store had 2 buys, 13 holds, 7 sells previously: Bloomberg data
Matahari Department Store reported earnings and sales that trailed estimates for the quarter on Feb. 27.
Adaro Energy Cut to Neutral at Credit Suisse; PT IDR1,315
(Bloomberg) -- Credit Suisse analyst Andri Ngaserin cut the recommendation on Adaro Energy Tbk PT to neutral from outperform.
PT set to IDR1,315, implies a 9.1% increase from last price. Adaro Energy average PT is IDR1,577.50.
Targets range from IDR812 to IDR2,410
Adaro Energy had 12 buys, 11 hold, 3 sells previously: Bloomberg data
Adaro Energy reported sales that trailed estimates for the quarter on March 3.
Berkat 'Doping' The Fed, IHSG Melesat 2% Lebih di Sesi I
https://www.cnbcindonesia.com/market/20200304124024-17-142402/berkat-doping-the-fed-ihsg-melesat-2-lebih-di-sesi-i
IHSG naik 105 poin ke 5.623 pada akhir perdagangan sesi I Rabu (4/3)
https://investasi.kontan.co.id/news/ihsg-naik-105-poin-ke-5623-pada-akhir-perdagangan-sesi-i-rabu-43
Benarkah Saham-saham Blue Chip Sedang Murah?
https://www.cnbcindonesia.com/market/20200303165356-17-142201/benarkah-saham-saham-blue-chip-sedang-murah
Emiten BUMN Siap Buyback Bila Harga Saham Terus Turun
https://insight.kontan.co.id/news/emiten-bumn-siap-buyback-bila-harga-saham-terus-turun
Dow futures indicate 300-point pop as Biden scores early lead on Super Tuesday
https://www.cnbc.com/2020/03/03/dow-futures-show-300-point-pop-as-early-super-tuesday-results-favor.html?__source=twitter%7Cmain
Jokowi: Ekonomi Sulit, Kondisi Saat Ini Tak Normal
https://www.cnbcindonesia.com/news/20200304102056-4-142345/jokowi-ekonomi-sulit-kondisi-saat-ini-tak-normal?utm_source=twitter&utm_medium=oa&utm_content=cnbcindonesia&utm_campaign=cmssocmed
Corona Masuk RI, Pengunjung Ritel Pakaian Drop 10%
https://www.cnbcindonesia.com/news/20200303192747-4-142269/corona-masuk-ri-pengunjung-ritel-pakaian-drop-10
*Rekap Laba (-Rugi) Emiten FY19 vs FY18*
*(03.03.2020)*
*BANK & FINANCE*
• BBRI Rp34.4t vs Rp32.3t
• BBCA Rp28.5t vs Rp25.8t
• BMRI Rp27.5t vs Rp25.0t
• BBNI Rp15.4t vs Rp15.0t
• BDMN Rp4.07t vs Rp3.92t
• BNGA Rp3.64t vs Rp3.48t
• PNBN Rp3.32t vs Rp3.11t
• NISP Rp2.94t vs Rp2.64t
• MEGA Rp2.00t vs Rp1.59t
• BNII Rp1.84t vs Rp2.19t
• BNLI Rp1.58t vs Rp941m
• BJBR Rp1.56t vs Rp1.55t
• BJTM Rp1.38t vs Rp1.26t
• WOMF Rp259m vs Rp215m
• BBTN Rp209m vs Rp2.81t
• BRIS Rp74.0m vs Rp107m
• AGRO Rp51.1m vs Rp204m
*TELCO, TECH & MEDIA*
• MNCN Rp2.35t vs Rp1.61t
• ISAT Rp1.57t vs -Rp2.40t
• EXCL Rp712m vs -Rp3.29t
• ASGR Rp251m vs Rp270m
*CONSUMER & PHARMACY*
• UNVR Rp7.39t vs Rp9.08t
• MLBI Rp1.20t vs Rp1.22t
• SIDO Rp808m vs Rp664m
*RETAIL*
• LPPF Rp1.37t vs Rp1.09t
*PROPERTY & RELATED*
•
*CONSTRUCTION*
• WTON Rp512m vs Rp486m
• ACST -Rp1.14t vs Rp18m
*INFRASTRUCTURE RELATED*
• SMCB Rp499m vs -Rp828m
*AUTO & HEAVY EQUIPMENT*
• ASII Rp21.7t vs Rp21.6t
• UNTR Rp11.3t vs Rp11.1t
• AUTO Rp739m vs Rp611m
*MANUFACTURING*
• FASW Rp969m vs Rp1.40t
*TRADE & SERVICES*
•
*OIL & MINING RELATED*
• ITMG $129jt vs $262jt
• INCO $57.4jt vs $60.5jt
• DOID $20.5jt vs $75.6jt
• ELSA Rp356m vs Rp276m
*AGRICULTURE & POULTRY*
• JPFA Rp1.76t vs Rp2.17t
• LSIP Rp254m vs Rp331m
• AALI Rp211m vs Rp1.44t
• SIMP -Rp546m vs -Rp76.5m
********
Suku bunga BI turun, bagaimana prospek saham emiten semen?
https://investasi.kontan.co.id/news/suku-bunga-bi-turun-bagaimana-prospek-saham-emiten-semen
Mengenal transaksi short selling yang dilarang bursa efek Indonesia
https://katadata.co.id/berita/2020/03/04/mengenal-transaksi-short-selling-yang-dilarang-bursa-efek-indonesia
Worst-Case Dread Is Back in Stock Market After Powell Falls Flat
https://www.bloomberg.com/news/articles/2020-03-03/worst-case-dread-is-back-in-stock-market-after-powell-falls-flat?utm_content=markets&utm_source=twitter&utm_campaign=socialflow-organic&utm_medium=social&cmpid%3D=socialflow-twitter-markets
Laba Bersih Nippon Indosari Tumbuh 75%
http://brt.st/6u2n
Adaro Energy Full Year Net Income $404.2 Mln, -3.2% Y/y
(Bloomberg) -- Adaro Energy reported net income for the full year of $404.2 million, -3.2% y/y.
FY revenue $3.46 billion, -4.4% y/y
NOTE:
13 buys, 10 holds, 3 sells
Bank Rakyat Indonesia Raised to Buy at Ciptadana; PT IDR5,100
(Bloomberg) -- Ciptadana Sekuritas analyst Erni Siahaan raised the recommendation on Bank Rakyat Indonesia Persero Tbk PT to buy from hold.
PT set to IDR5,100, implies a 24% increase from last price. Bank Rakyat Indonesia average PT is IDR4,812.36.
Targets range from IDR3,400 to IDR5,500
Bank Rakyat Indonesia had 23 buys, 8 holds, 3 sells previously: Bloomberg data
HM Sampoerna Rated New Buy at Korea Investments; PT IDR2,100
(Bloomberg) -- Korea Investment & Securities initiated coverage of Hanjaya Mandala Sampoerna Tbk PT with a recommendation of buy.
PT set to IDR2,100, implies a 19% increase from last price. HM Sampoerna average PT is IDR2,180.
Targets range from IDR1,450 to IDR4,000
HM Sampoerna had 16 buys, 10 holds, 7 sells previously: Bloomberg data
Gudang Garam Rated New Buy at Korea Investments; PT IDR60,000
(Bloomberg) -- Korea Investment & Securities initiated coverage of Gudang Garam Tbk PT with a recommendation of buy.
PT set to IDR60,000, implies a 18% increase from last price. Gudang Garam average PT is IDR59,922.37.
Targets range from IDR47,700 to IDR99,000
Gudang Garam had 23 buys, 8 holds, 3 sells previously: Bloomberg data
Matahari Department Store Cut to Sell at BNI Securities
(Bloomberg) -- BNI Securities analyst William Siregar cut the recommendation on Matahari Department Store Tbk PT to sell from buy.
PT set to IDR2,700, implies a 14% decrease from last price. Matahari Department Store average PT is IDR3,512.37.
Targets range from IDR2,700 to IDR11,700
Matahari Department Store had 3 buys, 14 holds, 6 sells previously: Bloomberg data
Matahari Department Store reported earnings and sales that trailed estimates for the quarter on Feb. 27.
Indosat Raised to Hold at HSBC; PT IDR2,000
(Bloomberg) -- HSBC analyst Piyush Choudhary raised the recommendation on Indosat Tbk PT to hold from reduce.
PT set to IDR2,000, implies a 7.4% decrease from last price. Indosat average PT is IDR3,449.09.
Targets range from IDR1,400 to IDR7,000
Indosat had 19 buys, 6 holds, 4 sells previously: Bloomberg data
Indosat reported sales that topped estimates for the quarter on Feb. 24.
Newcastle Coal May Drop as China Buyers Back on Sidelines: MS
(Bloomberg) -- With Chinese seaborne coal buyers now on the sidelines after a bounce in imports in January, Newcastle prices could fall temporarily below bank’s 2Q forecast of $65/ton, Morgan Stanley said in a note Monday.
China’s recovering mine output and slow ramp-up of power plants following the coronavirus outbreak are pushing domestic market into oversupply
Stimulus measures are more likely to benefit the construction sector than the more power-intensive manufacturing industry
Spread of Covid-19 to other key thermal coal importers South Korea and Japan, which together account for ~23% of seaborne demand, could weigh on prices even when China’s demand recovers
Any uplift in China’s thermal coal demand in 2H is likely to be offset by growing domestic mine capacity, keeping seaborne market in surplus through remainder of year
Falling dry bulk freight rates allow more access to Pacific markets for Atlantic producers, further exacerbating oversupply situation
NOTE: Most-active Newcastle coal futures at $66.60/ton on Friday
