Tuesday, January 16, 2018

Indonesia > Stock Picks for Today (January 17, 2018): MIKA.JK, MEDC.JK, PPRE.JK, WEGE.JK, PPRO.JK, ADRO.JK, ITMG.JK, ERAA.JK, TINS.JK, WSKT.JK, INCO.JK, INDF.JK, ICBP.JK, PTBA.JK, JSMR.JK, BUMI.JK



Mitra Keluarga Karyasehat (MIKA.JK)
  • The company will do the buyback as much as a maximum of 5% of the paid up capital of the company or a maximum of as much as 727.54 million shares
Medco Energi Internasional (MEDC.JK)
  • Oil prices are rising, so there is a chance the company started back doing exploration or investment.
PP Presisi (PPRE.JK)
  • The company uses only Rp 201,3 billion or 20.44% of IPO funds. While the rest of the funds of Rp 783.37 billion is still stashed in bank account deposits and IPO account.
  • The company in the near future have not need to use bond or medium term notes, because of the company's cash flow is still sufficient to finance the projects or investments. Also, the position of the debt to equity ratio (DER) still under 0.6 x.
  • The value of new contracts this year targeted reach Rp 6,5 trillion-Rp 8 trillion, or rose compared to 2017 target amounting to Rp 5,8 trillion.
  • The company is optimistic it can obtain a net profit of about Rp 500 billion in 2018, or jumped 150% of the estimated net profit gain in 2017 as much as Rp 200 billion.
WIKA Gedung (WEGE.JK)
  • The IPO funs of PT WIKA Gedung amounting to Rp 810,76 billion is still unused and still settles in bank deposits.
  • The cash flow position until the end of the year, estimated at more than Rp 240 billion. As of the end of November, cash flow WIKA Gedung reached Rp 192 billion
  • The company projected order book in 2018 year reached Rp 16,59 trillion. This figure rose 28.4% compared to last year.
  • Sales (including sales KSO), targeted amounting to Rp 5,19 trillion or up 28.8% of the target for the year 2017 amounting to Rp 4,03 trillion. Net profit for the year 2018 is targeted at Rp 394,5 billion, up 38% from the year 2017 target of Rp 285,8 billion.
  • For this year, WIKA Gedung set up capital expenditure Rp 667 billion.
PP Properti (PPRO.JK)
  • Daily (197) (RoE: 7.55%; PER: 33.30 x; PBV: 2.51 x; Beta: n/a): earlier, bullish harami pattern looks candlestick pattern that indicates a potential stimulus to buy. "The accumulated Buy" at the area level 195 – 198, with a target price is gradually gradually in level 204, 214, 224, 256 and 266. Support: 188
Adaro Energy (ADRO.JK)
  • The company plans to process drilling exploration and geotech with depth up to 2,375.6 meters in Tutupan mine, South Kalimantan during January 2018. While over the past year, the total of the company's drilling activities total cost amounted to US $ 1.71 million
Indo Tambangraya Megah (ITMG.JK)
  • Foreign investors began to overwhelm stocks on a number of issuers of coal. For example, ITMG. Per November 30, 2017, Banpu Minerals, a private company based in Singapore, occupying 736.07 million shares, or about 65.14%.
Erajaya Swasembada (ERAA.JK)
  • This telecommunication device distributor in 2018 will be aggressive again increased the number of outlets or stores to the cities of the district. In the year 2017, the company is targeting an additional 60 new outlets.
PT Timah (TINS. JK)
  • PT Timah is targeting net profit in 2018 doubled. The company forecast a net profit of about Rp 500 billion in 2017. With a two-fold increase, then the net profit for  2018 could reach Rp 1 trillion.
  • For this year's targeted income of Rp 10.7 trillion, up 18.9% compared to the estimated income of Rp 9 trillion in 2017
  • The target was based on a target production of this year are up 15%-20% to 36,705 mt, assuming an average selling price of US $21,000/mt. This is due to the rising demand from the electronic industry.
Waskita Karya (WSKT.JK)
  • The company get credit loans Rp 1 trillion to speed up the construction of the Salatiga-Kartasura toll road which is expected to be completed before June 2018. As for the period of the loan is one year with an interest of 8.25 percent.
Vale Indonesia (INCO.JK)

Indofood Sukses Makmur (INDF.JK)

Indofood CBP Sukses Makmur Tbk (ICBP.JK)

Bukit Asam (PTBA.JK)

Jasa Marga (JSMR.JK) 

Bumi Resources (BUMI.JK)



See also: