Indofood CBP Sukses Makmur (ICBP)
- Although it looks long marubozu black candle patterns, price movement still forming phase accumulation pattern in order to form an uptrend. "Buy on Weakness" at the area level 8.625 – 8.675, with target prices gradually in level and 9,275 9,150. Support: 8,575.
- The company is targeting revenue growth of 15% this year. The company is also optimistic the company's earnings will grow double digits due in 2017 SIDO noted the net profit margin is high, i.e. about 55%.
- SIDO also did the addition of the new factory building where in April 2018 can already operate.
- SIDO target could increase the share of exports to reach 5% of total revenue.
Telkom Indonesia Tbk (TLKM)
- PT Telkom through its subsidiaries PT MetraNet buy 30.4% stake in Cellum Global Zrt ($6 million US), a provider of mobile payment and commerce solution services in Europe. The company want to strengthen business ecosystem of Fintech Telkom Group are in line with the vision of Telkom to be Digital Telco Company.
Perusahaan Gas Negara (PGAS)
- The two subsidiaries PGAS namely, PT Saka Energy Indonesia and PT Saka Sepinggan Energy won two work areas oil and natural gas. Working area that won was Pekawai in West Kalimatan and West Yamdena area in Natuna.
- William Surya Wijaya, VP Research Department of PT Mandiri Indosurya Sekuritas confirms, the potential is enormous because the distribution of the PGN gas needed by the people in the long run. For the long term, William recommend buy PGAS with the target price of Rp 3,400.
Mitra Keluarga Karyasehat Tbk (MIKA)
- The company that owns 14 these hospitals will be expanded with the anorganic acquisition of the BPJS hospital network. MIKA will open two new hospital namely in Gading Serpong, Tangerang which will open April 2018. Whereas in Bintaro will open in quarter IV-2018.
- MIKA optimistic revenue this year could grow 15% to 16%. Target EBITDA also expected could grow by 10% in 2018. MIKA estimates capex in 2018 Rp 800 - 900 billion.
Bank Mandiri (BMRI)
- The company recorded unaudited net profit realization along 2017 Rp 20 trillion, or rose 53.09% year on year.
Erajaya Swasembada Tbk (ERAA)
- The company's prospects are very promising because of the growth in the use of smart phones.
- The number of smart phone users in Indonesia in 2017 is still low that reached 62.7 million, or 23.7% of the total population of Indonesia. While in China last year reached 56%, in India, reached 33.4%.
- In the year 2018, ERAA is targeting revenues valued at Rp 25.54 trillion, with net profit of Rp 327 billion.
- Analysts recommending buy with a target price of Rp 930-1,150 per share.
See also:
