Monday, January 1, 2018

Indonesia > Stock Picks of the Week (January 2 - January 5): KRAS.JK, BUMI.JK, PPRE.JK, PTSN.JK, GMFI.JK


Krakatau Steel (KRAS.JK)
  • The Indonesia's largest integrated steel company
  • Undervalued and oversold stock.
  • Production output in 2018 estimated reach 7,15 million tonnes
  • Krakatau Steel's projects worth US$ 1.28 billion will operate in the next two years - IDNFinancials.
  • The price of reference HRC CFR domestic in December 2017 has reached US $562 per metric ton rise sharply 260% from December 2015 which only reached US $216 per metric ton.
  • The Chinese government plans to reduce steel production 100 — 150 million tons in the next five years also provides a positive sentiment for strengthening global steel prices.
  • Until September 2017, KRAS recorded revenue $1.04 billion, up 5.87% compared to the same period last year.
  • The cash flow until September 2017, 499.71% to US $121,13 million from US $21.20 million in the same period last year.
  • Net loss to US $75,05 million, or decline from  losses in the previous year which amounted to US $114,7 million.
  • Bullish trend.
See Also: ArcelorMittal (MT)

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.

PP Presisi (PPRE.JK)
  • Largest heavy equipment rental company in Indonesia (Having 1,500 heavy equipments inventory)
  • Undervalued and oversold.
  • Massive infrastructure projects in Indonesia.
  • Revenue 2018 projected Rp 4,9 trillion or jump from 2017 (Rp 2,3 trillion - estimate) and 2016 (Rp 371 billion).
  • Net profit 2018 projected Rp 434 billion or jump from 2017 (Rp 89 billion - to August 2017) ) and 2016 (Rp 41 billion).
  • The company just get new contract for mining sector worth Rp 350 billion per year for 5 years in Sumatra.
  • Bullish trend.
See Also: United Rentals

Sat Nusapersada (PTSN.JK)
  • Manufacturer of Printed Circuit Board (PCB) and mechanical part assembly for multinational industries, such as Xiaomi and Nokia.
  • Undervalued and oversold.
  • Indicate a strong trend
See Also: TTM Technologies

GMF Aero Asia (GMFI.JK)
  • The best and biggest aircraft maintenance companies in the ASEAN.
  • Undervalued and oversold.
  • Garuda Indonesia-GMF Aero Asia extend aircraft maintenance partnership to Korea, Australia and Middle East.
  • The potential of business aircraft maintenance and repair industry in Indonesia at 2025 reached US $2.2 billion.
  • In January, 2018, the company will release minimum 20% shares to a strategic investor.
  • Planning to build Maintenance, Repair, and Overhaul (MRO) in the area of Hang Nadim airport Batam on 2018 and in 2nd semester 2018, the MRO is expected already to operate.
See Also: AAR Corp


See also:
at
Labels: ,