1. Bank Mandiri (BMRI), Bank Rakyat Indonesia (BBRI), Bank Negara Indonesia (BBNI)
- Some larger banks optimistic the non performing loan (NPL) mining sector in 2018, declining. This is due to the rising of commodity prices.
- Six banks recorded an average NPL mining during the year 2017 of 3.91%, down when compared year 2016 which amounted to 4.75%. The six banks are Bank Mandiri (BMRI), Bank Rakyat Indonesia (BBRI), Bank Negara Indonesia (BBNI), the State Savings Bank (BBTN), Bank Danamon Indonesia (BDMN) and Bank OCBC NISP (NISP).
- Indonesian Chamber of Commerce and Industry (Kadin) assesses the work accidents that occur in the infrastructure builders lately due to the excess workload (overload). Apart from the negative side, the number of projects indicates assurance of growing business continuity and this is something good.
- The company has the total toll road concession of 1,315 km along through its subsidiary PT Waskita Toll Road. The number of concessions is growing within the last two years over the large number of toll road opened by the Government.
- Daily (1,400) (RoE: 7.89%; PER: 11.98 x; PBV: 0.94 x; Beta: 1.59): as for the movement of prices still continue to potentially form the accumulation phase in order to form a pattern of uptrend continuation. Accumulation buy at 1,410 1,390 – level area, with a target price of 1,440 level gradually, 1,580 and 1,720. Support: 1,300.
- PT Tanjung Priok Port, subsidiary company of PT Indonesia II modernize facilities of port billing centre, in cooperation with Bank Mandiri (BMRI), BNI (BBNI), BCA (BBCA), and Bank CIMB Niaga (BNGA)
- BNGA still focus to Current Account and Savings Account (CASA) this year, with growth of over 10% annual or year on year (yoy).
- The entire export activities of Crude Palm Oil (CPO), coal, and rice will be obliged to use local ocean freight and local insurance.
- The rules contained in the Regulations of The Ministry of Trade of The Republic of Indonesia (Permendag) No. 82 Years 2017 about Conditions of Use National Ocean Freight and Insurance for Export and Import of Certain Goods.
- BTPN Sharia will conduct an initial public offering (IPO) in the second half of the year 2018. Through the year 2017, financing BTPN Sharia grew 21 percent from Rp 5 trillion to Rp 6 trillion. Total BTPN Sharia owned assets reached Rp 10 trillion. At present, BTPN Sharia is a category medium-small bank with core capital of Rp 2.3 trillion, or enter the category of book II bank.
- The company's net profit for the year 2017 reached Rp 247.14 billion or down 20.51% yoy from Rp 2016 year 310.91 billion.
- The company recorded revenue growth of Rp 4.98 trillion, or rose 37.52% compared to year 2016 Rp 3.63 trillion. Distribution and logistics services business gave large revenue contributor over the past year. This business line accounted for Rp 2.50 trillion or equivalent with 50.31% of the total revenue. While the oil and gas upstream business integrated contributed Rp 2.28 trillion or equivalent to 45.69% total revenue last year.
- In 2017 net income increased to Rp 2.2 trillion, up 22% from the previous year of Rp 1.8 trillion. The assets of the NISP in 2017 to Rp 153.8 trillion or up 11% (yoy) from 2016 Rp 138.2 trillion.
- The company's net profit was Rp 3.08 trillion in 2017 or rose 30.63 percent from the year 2016 the Rp 2.36 trillion. Total assets rose 0.41% from Rp 14.54 trillion to Rp 14.60 trillion in 2017. Meanwhile, the total liability was down 5.32 % to Rp 7,52 trillion.
9. Indofood Sukses Makmur (INDF)
- The company is ready to allocate capex Rp 530 billion to add two lines of flour mill with a total capacity of 750 tonnes per day. Business growth trend of flour in the last 2 years tend to grow at the level of 5 - 6% per year.
- In September 2017, net sales reached Rp 6.53 trillion, grow 53.12% compared to Rp 49.86 trillion in the same period a year earlier. Meanwhile, capital expenditure per September 2017 worth Rp 5,81 trillion, up 79.8% from Rp 3,23 trillion in the previous position year on year.
10. Bumi Resources (BUMI), Adaro Energy (ADRO)
- India coal imports are forecast to rise this year amid strong demand and domestic production which is insufficient.
- Benjamin Sporton, Chief Executive of the World's Coal Association (WSA) said, India is expected to increase imports this year round due to domestic production is lower than the level of demand.
- India electricity demand which uses coal grew 6% on last year in the first 10 months ending on March 31, up doubled in the same period in the previous year.
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