1. Krakatau Steel (KRAS)
- PT Krakatau Steel this year not to create a new project and choose to complete unfinished projects such as factory blast furnace factory, hot strip mill 2 and cold rolling mill 2. Blast furnace factory consists of a blast furnace, sintering plant, coke oven plant, pig iron caster, stockyard and hot metal handling with a total production capacity of 1.2 million metric tons of hot metal and pig iron per year. For the construction of the project, the company provided the capital expenditure of USD 350-360 million.
- According to a Reuters survey, Malaysia palm oil production throughout January 2018 is estimated to be down by 14.9% to 1.56 million tons.
- Netherlands joined with several countries from the EU who are opposed to the proposed banning of palm oil by the European Parliament.
- The Government of Indonesia test biodiesel fuel B20 train for 6 months
- The company plan increased the number of overseas branches along the plan of the ratification of the Protocol of the 6th ASEAN Framework Agrement on Services (AFAS). The current BNI has six branches overseas in Hong Kong (2 branches), London, New York, Singapore, Tokyo and a functional office in Osaka.
- Analysts predict the credit cost will improve in 2018. BBNI noted credit cost amounted to 1.6% in 2017 or dropped dramatically compared to year 2016 to reach the level of 2%.
- For the year of 2018-2019, IPP has had three projects in progress, namely in Batam, apartment hotels in Bali and Makassar. The apartments will be built in Batam begun earlier in the year and is expected to be completed the end of 2019. Meanwhile, two new hotel in Bali with 4 star and 3 star, and INPP targeting Makassar area to build hotel with luxury apartments which will be completed in the first quarter of the year 2020.
- The target market is intended for high segment. Carrying the concept of lifestyle in any property that is built, the INPP is trying to become an icon in the field of special properties in the major cities.
- In the year 2017, the revenue grew 10% compared to year 2016. In 2018 the company predicted higher growth, up to 20%, because the latest property project, 23 Paskal Shopping Center in Bandung had been finished. The company is optimistic it could enjoy the results in 2018.
- The company posted a sales growth to Rp 5.8 trillion in 2017, up 17% compared to the previous year. In December 2017, the company's sales rose 33% to Rp 647 billion compared to November.
- In December 2017, Ace Hardware opened two new outlets in Plaza Jatinegara with area of 1,932 m2 and in Bandung with area of 1,200 m2. Last year the company already had opened 15 new outlets with area 31,874 m2. This year, the company will open at least 13 new outlets. This would boost sales by 13.5%.
- The company noted the impressive performance in December 2017. Sales growth in old stores (Same Store Sales Growth/SSSG) of Ramayana in Java and outside Java rose each 1% and 2.2% compared to the same month 2016, ending the negative trend in the last three months. Thus, improved gradually in two regions it started to happen, whereas in Jabodetabek is still depressed.
- In last December, direct purchases grew 12%, consignment grew 14.1%, and supermarkets were down 25%. Although the performance is down, the growth of supermarkets purchase direct and consignment of December is the highest in seven months, in the off-season Eid Mubarak. All 2017, SSSG sales was down 1.2%, direct purchases grew 0.4%, consignment grew 7%, and supermarkets sales was down 14%.
- The company planned to open four new Hypermart outlets and two outlets Foodmart, and also renovating the 60-70 old outlets. Currently, the company owns 113 outlets.
- The company will focus on fast moving consumer goods, offer competitive pricing, exploring methods of hybrid online-offline, and raise employee productivity.
- The company will issue bonds amounting to Rp 3.9 trillion in 2018. This bonds is a continuation of the ongoing Bonds II Bank Panin the year 2016 for a total of Rp 10 trillion. Bonds get a rating of idAA from Pefindo has an interest rate of 7.6% with a period of five years.
9. Aneka Tambang (ANTM), PT Timah (TINS), and Vale Indonesia (INCO)
- Metal market gets a lot of positive sentiment from the magnitude of the country's infrastructure spending plan. It resulted in the prices of industrial metals predicted would be in the positive trend of the year.
- Selling price and cost efficiency sustain growth performance of Adaro. While the business expansion of project power plant is expected to be the company's financial performance-lift in the long term.
- The company is targeting an increase in revenue to USD 3.87 billion this year, up versus last year's estimate of USD 3.26 billion and the realization of year 2016 USD 2.52 billion. This year's net profit also rose to an estimated USD 656 million, compared to the year 2017 projections of USD 468 million.
- The company will develop rest areas in the three toll roads in Central Java that was at Tuntang, Batang and Brebes. For the third of those rest areas the company prepared a total of 10 acres of land with each rest an area of 2 to 3 hectares. In rest areas there are gas station, cafe, restaurant and small medium enterprises counters.
- This industrial area developer have budgeted capital expenditures totaling Rp 600 billion in the year 2018 or fall of the year 2017 is Rp 800 billion. Capital expenditures are used to buy land reserves, infrastructure development, industrial and development projects in the industrial area of MM2100 Cibitung, West Java.
- The land will be purchased this year is range 50-60 hectares. Now, the company has land reserves in MM2100 reach 1,046 hectares, while the land is already used more than 500 ha.
- The company is optimistic this year's export of auto parts motorcycles will be increased compared to last year. If the year 2017, the export share of about 7% of the revenues, this year the share of export is expected up to 8%.
- Until the third quarter of 2017 export revenue reached Rp 889 billion. The value contributed as much as 8.9% of the total revenue of Rp 9.97 trillion. The company's net revenue grew to Rp 9.55 trillion or rose 4.3% compared to quarter three years earlier.
- BCA Finance, a BCA subsidiary, targeting can disburse the motorcycle credit (KBB) amounting to Rp 30 trillion in 2018.
- The company is targeting this year, mortgage business would be able to grow double digit of 10-12% on an annual basis or year on year (yoy). For that, the company provides credit funds amounting to Rp 2 trillion for low-middle income segments through Bank Tabungan Negara (BBTN).
- To improve mortgage business, BCA set up several strategies. Among others, by working with a number of property developers. So far the BCA has teamed up with 400 property developers.
- To anticipate a non performing loan (NPL), due to the potential growth of the greater credit in the year 2018, then state-owned banks set up backup strategies costs. With the declining backup strategies costs and bad credit improvement will push net profit banking industrially to level 14-15%.
- Prudential Life Assurance will take off most of the shares in Intermedia Capital Tbk (MDIA) as much as 10.75 million shares of MDIA and Media Vision Asia Tbk (VIVA) as many as 1.3 million shares.
- Based rumors, the shares will be purchased by MyRepublic, a business entity that belongs to PT Dian Swastatika Sentosa Tbk (DSSA), which is subsidiary of the Sinarmas Grup.
See also:
- How to Invest or Trade in Indonesia Stock Market for non-Indonesia Citizen?
- The top 12 websites for Indonesia hot stock picks, news and research
