Wednesday, January 3, 2018

Indonesia > Stock Picks for Today (Januari 4, 2018): JSMR.JK, MIKA.JK, ADRO.JK, PPRO.JK, ICBP.JK, AKR.JK, BUMI.JK, WEGE.JK, GMFI.JK, KRAS.JK, PPRE.JK


Stock Picks for Today (January 4, 2018):

Jasa Marga (JSMR.JK)

  • Jasa Marga prepare capex Rp 70 trillion, prioritize the Solo-Ngawi toll road and Ngawi-Kertosono toll road.
  • PT Jasa Marga Tbk (JSMR) preparing capital expenditures of Rp70 trillion in 2018. Of that amount, a total of Rp27 trillion using internal funds. While Rp 43 trillion is non cash funds obtained from external funding.

Mitra Keluarga Karyasehat (MIKA.JK)

  • Daily (1,780) (RoE: 18.20%; PER: 37.89 x; PBV: 6.87 x; Beta: n/a): currently, price movements began to form the phase accumulated in order to form an uptrend pattern in the future. In addition, the MACD indicator has shown a pattern of the golden cross in negative area. "The accumulation of buy" on the area of 1,760 level – 1,790, with target prices gradually in 1,865 level, 1,985 and 2,200. Support: 1,700.

Adaro Energy (ADRO.JK

  • Coal miner PT Adaro Energy Tbk. (ADRO) is planning share interim dividend for the fiscal year 2017 amounting to Rp 1,35 trillion. Interim dividend distribution will be held on January 18, 2018.

PP Properti (PPRO.JK)

  • PT PP Properti Tbk. has announced record net profit for 2017 to Rp 440 billion, increase of 20.5% compared to 2016 amounting to Rp 365 billion.
  • Closing the year 2017, the property company, PT PP Properti Tbk (PPRO) records marketing sales that comply with the targets. Marketing sales PPRO penetrate figures of Rp 3 trillion or grow 21% from the previous year

Indofood CBP Sukses Makmur (ICBP.JK)

  • PT Indofood CBP Sukses Makmur Tbk (ICBP) is projected to grow better in 2018. The growth was supported by a number of factors, including the strong brand products, stability of exchange rates, and a strong product innovation.

AKR Corporindo (AKRA.JK)

  • Development of fuel agency at 57 point area of 3T was conducted by PT Pertamina (Persero) and PT AKR Corporindo. AKR success realized three points. While Pertamina to build on 54 points.

Bumi Resouces (BUMI.JK)
  • Undervalued and oversold stock.
  • Market cap only USD 1,29 billion (debt USD 1,6 billion) meanwhile the company have 2.2 billion metric tonnes of marketable coal reserves worth USD 229 billion and 12.4 billion metric tonnes of coal resources worth USD 1,116 trillion.
Wika Gedung (WEGE.JK)
  • Undervalued and oversold stock
  • Bullish pattern
GMF Aero Asia (GMFI.JK)
  • Undervalued  and oversold stock
  • Bullish pattern
Krakatau Steel (KRAS.JK)
  • Undervalued and oversold stock.
  • Bullish trend.
PP Presisi (PPRE.JK)
  • Undervalued and oversold.
  • Massive infrastructure projects in Indonesia.
  • Bullish trend.

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