Bank Negara Indonesia (BBNI.JK)
- Panji Irawan, Director of Treasury and International BNI, optimistic treasury business will grow fast in the year 2018. The performance of treasury will continue its performance the year 2017, at which the business of portfolio securities BNI grew 26%.
Waskita Karya (WSKT.JK)
- The company has completed the work of property project, Sopo Del Office Tower worth Rp 558.5 billion. Project built since December 2014 was completed on-time in November 2017.
- The company was aiming for new contracts worth about Rp 70 trillion in 2018 or grow 27.27% than the estimation in 2017 Rp 55 trillion. The company is optimistic net profit in 2018 may reach Rp 5.3 trillion, up 32.5% compared to the predictions in 2017 of $4 trillion.
- The company could potentially reach for payment for the services of project work with turn-key scheme in the year 2018 totaling Rp 31 trillion.
Astra Otoparts (AUTO.JK)
- The company through PT Evoluzione Tyres teamed up with Pirelli Tyre S.p. a. has officially launched a tyre product, Diablo Rosso Corsa II with a size of 90/80-17, designed specifically for underbone motorcycles.
- Pirelli Indonesia factory will become one of the world's production base to replace the Pirelli factory in Brazil. Currently, Pirelli has three production centres of the world, namely Germany, China, and Brazil.
Dian Swastatika Sentosa Tbk (DSSA.JK)
- The company has just announced the addition of facility loans to subsidiary, PT SKS Listrik Borneo, from Rp 200 billion to Rp 450 billion. These loans are used to complete the project of coal-fired power station, PLTU Kalteng-1.
Sat Nusapersada (PTSN.JK)
- Xiaomi promise to launch Android smartphone premium products to Indonesia in 2018. Since partnering with PT Sat Nusapersada (PTSN.JK) in Batam to assemble his cellphone and Erajaya Swasembada (ERAA), the company increasingly vigorous the release of the new mobile phones in Indonesia.
Jasa Marga (JSMR.JK)
- The Government is eager to end the year 2019, the length of the toll roads could be more than 1,852 km.
Jasa Armada Indonesia Tbk (IPCM.JK)
- The company is targeting aggressive net profit growth in 2018, amounting to Rp 150 billion. This profit grew 50% over projected profit in 2017 of Rp 100 billion.
- The company is targeting revenue in 2018 could reach Rp 1,1 trillion or increased compared to the prediction in 2017 of Rp 800 billion.
- In the year 2018, the company prepared the capital expenditure (capex) amounting to Rp 250 billion. The budget was used to buy new fleets and adding three tug contracts for special tug terminal offshore or ship-to-ship (STS) which are outside the area of operation Pelindo II.
- The company vying for business opportunity in the scouting service and tugboats from the operational activities of the oil and gas companies. Because of the potential oil market Indonesia totalling an average of 70,000 tonnes, then the number of moving ships can reach dozens.
- The company would expand its service with the expansion of scouting ships in Cemindo, Bayah, Southern Banten. Request service scouting ships of Cemindo is estimated at 60 call per month.
- The company signed operational cooperation with PetroChina International Jabung Ltd. in Jakarta. The cooperation was carried out in the field scouting service and tugboats belonged to PetroChina.
Medco Energi Internasional (MEDC.JK)
- The trend of rising world oil prices potentially raising the company performance. A number of projects also undertaken as an effort to diversify revenue. Historically the financial statements likely to rise after the price of crude oil is in uptrend.
- Current net profit of US $164.32 million to the Q3 2017. Revenue in the Q3 2017 increased by 43.3% 2017 to US $597.53 million. The company could potentially earn revenue about $867 million and net profit about $203 million.
- The volume of oil and gas production to the end of September 2017 reached 88.3 MBOEPD or up 38.3% compared to the previous year. If there are no obstacles, the company can increase its production by up to 2 times in the year 2018.
- The positive performance is supported by a good performance from the South Natuna Sea block B after company acquisition on Q4 2016. In addition, the performance of the MEDC is also helped by the sale of gas is high enough from the Senoro production facility.
- Analysts give the buy recommendation with a target price of Rp 1,350 - Rp 1,560 per share.
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