Morning Equity

Research
 Morning 23 NOVEMBER 2018
Equity
EPISODE : INTERNAL VS EKSTERNAL

HIGHLIGHT HIGHLIGHT NEWS FORECAST TABLE TEAM

Kalendar Ekonomi Global JCI

❖ US Industrial Production turun dari sebelumnya 0.2% menjadi 0.1%. (Bloomberg)

❖ Japan IHK Oktober YoY naik dari sebelumnya 1.2% menjadi 1.4%

❖ Singapura PDB (yoy)triwulan 3 turun dari sebelumnya 2.6% menjadi 2.2%

❖ Malaysia cadangan devisa naik dari sebelumnya 101.7B menjadi 102.1B

Berita Saham Domestik

❖ PT Global Teleshop Tbk (GLOB) mencatat rugi neto yang dapat didistribusikan ke
pemilik entitas induk sebesar Rp21,87 miliar hingga 30 September 2018 yang berarti
turun dibandingkan rugi neto Rp40,58 miliar yang tercatat hingga periode sama tahun
sebelumnya. (iqplus.info)
Tenor Trend Support Resist Target
❖ PT Hartadinata Abadi Tbk (HRTA) sampai kuartal III 2018, penjualan perusahaan
mengalami pertumbuhan penjualan 15% menjadi Rp 2,14 triliun. Di periode yang Short Term Up 5,914 6,013 6,013
sama tahun lalu, penjualan perusahaan sebesar Rp 1,86 triliun. (kontan.co.id)
Equity Market Indicators
❖ PT SMR Utama Tbk (SMRU) menargetkan penguapasan lapisan tanah penutup
sebesar 38 juta bank cubic meter (BCM) dan 3,5 juta ton batubara. Untuk IHSG 5,990.81
membiayainya, perusahaan sudah menyiapkan belanja modal US$ 21 juta. Changes 0.72
(kontan.co.id)
P/E Ratio 18.23
❖ PT Indo Straits Tbk (PTIS) telah memperoleh kontrak penyewaan kapal perusahaan Volume 5,607,261,000.00
oleh sebuah perusahaan pertambangan batubara yang berlokasi di Kalimantan World Index
Selatan.(iqplus.info)
DJI 24,464.69 -2.21%
❖ PT Bakrieland Development Tbk (ELTY) menyiapkan dana belanja modal atau S&P 2,649.93 -1.82%
capital expenditure (capex) untuk mencapai sekitar Rp300 miliar yang akan NASDAQ 6,972.25 -1.70%
digunakan untuk mendukung kinerja perseroan di tahun depan.(iqplus.info)
FTSE 6,960.32 -0.76%
❖ PT Matahari Department Store Tbk (LPPF) berencana melakukan rebrand dari NIKKEI 21,646.55 -1.09%
Mataharimall.com ke Matahari.com.
HANG SENG 25,963.01 -2.02%
❖ PT PP (Persero) Tbk. masih merealisasikan 72,04% kontrak baru hingga Oktober STRAIT TIMES 3,039.78 -1.24%
2018 dari total Rp49 triliun yang dibidik pada tahun ini.(bisnis.com) KOSPI 2,060.96 -0.86%
❖ PT Total Bangun Persada Tbk. telah mengantongi kontrak baru Rp3,1 triliun sampai
MSCI World 1,984.03 0.25%
dengan Oktober 2018 atau setara dengan 78,6% dari target Rp4 triliun pada tahun KLCI 1,692.32 0.25%
ini. (bisnis.com) Currency
❖ PT Mitrabara Adiperdana Tbk (MBAP) akan membagikan dividen interim tunai tahun USD / IDR 14,545.00 -0.16%
buku 2018 sebesar Rp240 per lembar saham kepada para pemegang sahamnya EUR / IDR 16,597.26 0.11%
pada 7 Desember 2018. (iqplus.info)
JPY / IDR 128.80 0.44%
❖ PT Indofood Sukses Makmur Tbk.(INDF) memproyeksikan konstruksi pabrik tepung SGD / IDR 10,596.89 0.04%
baru bisa berlangsung paling lambat kuartal II/2019.(bisnis.com) GBP / IDR 18,732.73 -0.19%
CNY / IDR 2,097.74 0.37%
MYR / IDR 3,465.98 -0.08%
Market Review Commodity
Kemarin (22/11) indeks IHSG ditutup menguat, indeks IHSG naik sebesar 42.75 WTI 53.96 -6.01%
poin (+0.72%) ke level 5,990. Sektor yang mengalami kenaikan terbesar dipimpin Coal 98.40 -0.22%
oleh sektor properti (+1.49%), keuangan (+1.35%) sedangakan sektor industri yang CPO Malaysia 2,057.00 0.71%
mengalami pelemahan dipimpin oleh sektor pertambangan (-1.58%) dan aneka
industri (-0.13%). Investor asing mencatatkan net buy di semua perdagangan saham Gold 1,227.75 -0.22%
sebesar Rp.219 milyar. Nickle 10,917.25 -0.22%
Tin 19,283.00 -0.22%
Berlanjutnya penguatan nilai rupiah terhadap dollar AS dan kebijakan pemerintah
yang berencana kana menurunkan pajak propreti mewah dari sebelumnya 5%
menjadi 1% tentunya akan memberikan sentiment positif bagi pergerakan indeks
IHSG hari ini, sementara sentiment ekternal dipengaruhi melemahnya bursa Eropa
dampak dari kecemasan pelaku pasar terkait dengan anggaran Italia 2019 dan
Brexit. Kami memprediksi indeks bergarak variative pada perdagangan saham hari
ini, dengan potensi menguat. IHSG memiliki potensi menguat pada rentang support
dan resistance di level 5,914-6,013.
 Morning 23 NOVEMBER 2018

Equity EPISODE : INTERNAL VS EKSTERNAL

News HIGHLIGHT NEWS FORECAST TABLE TEAM

LPPF
4,300
PT Matahari Department Store Tbk (LPPF) berencana
melakukan rebrand dari Mataharimall.com ke
Matahari.com. Setelah integrasi tersebut, platform
online tersebut akan fokus untuk menyediakan
pengalaman pelanggan yang bebas hambatan dan
mudah, dan menjadi tempat untuk memamerkan
produk-produk Matahari
Komentar
Dengan pengalaman ritel, tentunya perusahaan terus
mengembangkan dengan kecanggihan teknologi, ini
akan memberikan pelanggan untuk berbelanja produk
fashion tanpa batasan baik secara online maupun
offline. Rebrand ini akan membuat Matahari lebih cepat
dalam mencapai tujuannya untuk menyediakan
pengalaman Omni-channel sejati kepada
pelanggannya di Indonesia.
Proba
Tenor Strategy Support Resistance Target Exit
bility

Short Term Sell 56% 4,225 4,225

4,125 4,475
Investment Buy 35% 4,450 4,450

PTPP 1,620
PT PP (Persero) Tbk. masih merealisasikan 72,04%
kontrak baru hingga Oktober 2018 dari total Rp49 triliun
yang dibidik pada tahun ini. Sampai dengan Oktober
2018, capaian kontrak baru senilai Rp35,3 triliun

Komentar
Beberapa proyek yang didapatkan perseroan pada
Oktober 2018. Pekerjaan tersebut di antaranya Hotel dan
Office Pangkalanbun, Istora Papua, dan Terminal 1C
Bandara Soekarno Hatta. Dengan realisasi tersebut,
perusahaan telah merealisasikan 72,04% dari target
kontrak baru 2018 senilai Rp49 triliun pada tahun ini.

Proba
Tenor Strategy Support Resistance Target Exit
Bility

Short Term Buy 65% 1,700 1,700

1,570 1,655
Investment Buy 42% 1,810 1,700
 Morning 23 NOVEMBER 2018

Equity EPISODE : INTERNAL VS EKSTERNAL

Forecast HIGHLIGHT NEWS FORECAST TABLE TEAM

Price Price
Volume Short MA Mid MA Long MA Stochastic Resistance Resistance Support Support Price Earning
Ticker Date/Time Close MACD Book Earning
(Shares) (15 Days) (45 Days) (100 Days) (Daily) 2 1 1 2 Ratio
Value Industry
Agriculture
SSMS 11/22/2018 1,200 4,276,025 Sell Sell Sell Sell Buy 1,223 1,212 1,187 1,173 22.01 2.65 99.59
Basic Industry and Chemicals
BRPT 11/22/2018 2,020 305,375 Buy Buy Buy Buy Buy 2,100 2,060 1,990 1,960 18.69 2.05 20.30
INKP 11/22/2018 12,075 453,295 Buy Sell Sell Buy Buy 12,558 12,317 11,667 11,258 7.07 1.23 20.30
INTP 11/22/2018 20,300 150,305 Buy Buy Buy Buy Buy 20,967 20,633 19,733 19,167 69.77 3.31 20.30
SMGR 11/22/2018 11,875 683,715 Buy Buy Buy Buy Buy 12,625 12,250 11,200 10,525 26.69 2.34 20.30
TPIA 11/22/2018 5,175 55,220 Buy Buy Buy Buy Buy 5,342 5,258 5,083 4,992 26.13 3.55 20.30
WSBP 11/22/2018 336 3,480,735 Buy Sell Sell Buy Buy 348 342 330 324 8.70 1.21 20.30
Consumer Good and Industries
GGRM 11/22/2018 80,200 62,080 Buy Buy Buy Buy Buy 82,133 81,167 79,067 77,933 19.06 3.59 27.51
HMSP 11/22/2018 3,440 1,848,160 Sell Sell Sell Sell Sell 3,520 3,480 3,400 3,360 30.74 12.74 27.51
ICBP 11/22/2018 8,950 363,765 Buy Buy Buy Buy Buy 9,017 8,983 8,883 8,817 24.62 5.00 27.51
INDF 11/22/2018 6,250 547,025 Buy Buy Buy Buy Buy 6,483 6,367 6,067 5,883 14.80 1.69 27.51
KLBF 11/22/2018 1,590 933,920 Buy Buy Buy Buy Buy 1,637 1,613 1,553 1,517 30.69 5.35 27.51
UNVR 11/22/2018 41,125 92,370 Sell Sell Sell Buy Buy 41,708 41,417 40,717 40,308 34.56 34.98 27.51
Finance
BBCA 11/22/2018 25,100 872,700 Buy Buy Buy Buy Sell 25,500 25,300 24,800 24,500 24.79 4.31 16.38
BBNI 11/22/2018 8,400 1,171,780 Buy Buy Buy Buy Sell 8,617 8,508 8,233 8,067 10.52 1.54 16.38
BBRI 11/22/2018 3,550 5,915,365 Buy Buy Buy Buy Buy 3,630 3,590 3,470 3,390 13.58 2.50 16.38
BBTN 11/22/2018 2,530 3,853,840 Buy Buy Buy Buy Buy 2,683 2,607 2,417 2,303 8.21 1.15 16.38
BJBR 11/22/2018 1,915 586,585 Sell Sell Sell Buy Sell 1,935 1,925 1,905 1,895 12.54 1.61 16.38
BMRI 11/22/2018 7,325 2,240,035 Buy Buy Buy Buy Sell 7,525 7,425 7,200 7,075 14.45 1.98 16.38
Infrastructure, Utilities, and Transportation
EXCL 11/22/2018 2,210 514,125 Buy Sell Sell Buy Buy 2,323 2,267 2,167 2,123 1.10 26.84
INDY 11/22/2018 1,995 1,595,240 Sell Sell Sell Sell Sell 2,298 2,147 1,917 1,838 1.95 0.71 26.84
JSMR 11/22/2018 3,980 308,145 Sell Sell Sell Buy Buy 4,073 4,027 3,957 3,933 13.96 1.79 26.84
PGAS 11/22/2018 1,935 2,860,830 Sell Sell Sell Sell Sell 1,992 1,963 1,918 1,902 12.24 0.98 26.84
TLKM 11/22/2018 3,980 2,613,995 Buy Buy Buy Buy Sell 4,040 4,010 3,930 3,880 21.36 4.36 26.84
Mining
ADRO 11/22/2018 1,285 9,297,095 Sell Sell Sell Sell Sell 1,382 1,333 1,243 1,202 6.67 0.77 6.52
ANTM 11/22/2018 625 3,283,045 Sell Sell Sell Sell Sell 665 645 615 605 15.37 0.80 6.52
ELSA 11/22/2018 320 834,055 Sell Sell Sell Sell Sell 331 325 317 315 6.11 0.72 6.52
INCO 11/22/2018 2,880 753,030 Sell Sell Sell Sell Sell 3,040 2,960 2,830 2,780 31.38 1.05 6.52
ITMG 11/22/2018 19,625 253,965 Sell Sell Sell Sell Sell 20,992 20,308 19,133 18,642 5.35 1.47 6.52
MEDC 11/22/2018 695 981,140 Sell Sell Sell Sell Sell 735 715 685 675 14.40 0.65 6.52
PTBA 11/22/2018 4,220 2,233,385 Sell Sell Sell Sell Sell 4,520 4,370 4,130 4,040 7.69 3.03 6.52
Miscellaneous Industry
ASII 11/22/2018 8,450 1,064,810 Buy Buy Buy Buy Sell 8,617 8,533 8,308 8,167 15.71 2.58 15.08
SRIL 11/22/2018 364 668,365 Buy Buy Buy Buy Sell 369 367 361 357 5.59 1.02 15.08
Property, Real Estate, and Building Construction
ADHI 11/22/2018 1,425 1,373,195 Buy Buy Sell Buy Buy 1,495 1,460 1,370 1,315 7.86 0.83 10.65
BKSL 11/22/2018 109 13,928,160 Buy Buy Sell Buy Buy 115 112 105 101 14.17 0.65 10.65
BSDE 11/22/2018 1,320 3,540,370 Buy Buy Buy Buy Buy 1,397 1,358 1,268 1,217 7.84 0.98 10.65
LPKR 11/22/2018 274 320,985 Sell Sell Sell Buy Buy 286 280 270 266 13.58 0.31 10.65
PTPP 11/22/2018 1,620 3,106,780 Buy Buy Sell Buy Buy 1,690 1,655 1,570 1,520 7.51 0.84 10.65
WIKA 11/22/2018 1,370 3,594,385 Buy Buy Sell Buy Buy 1,443 1,407 1,312 1,253 8.90 0.93 10.65
WSKT 11/22/2018 1,635 4,348,040 Buy Buy Sell Buy Buy 1,692 1,663 1,598 1,562 4.22 1.27 10.65
Trade, Service, and Investment
AKRA 11/22/2018 3,990 739,780 Buy Buy Buy Buy Sell 4,223 4,107 3,837 3,683 21.51 1.99 44.56
LPPF 11/22/2018 4,300 586,075 Sell Sell Sell Buy Sell 4,473 4,387 4,247 4,193 6.60 5.04 44.56
MNCN 11/22/2018 795 1,465,320 Sell Sell Sell Sell Sell 802 798 788 782 8.16 1.04 44.56
SCMA 11/22/2018 1,855 638,975 Buy Buy Sell Buy Sell 1,935 1,895 1,810 1,765 19.01 5.92 44.56
UNTR 11/22/2018 31,800 369,250 Sell Sell Sell Sell Sell 33,000 32,400 31,300 30,800 10.95 2.28 44.56
Alternative Stock Pick
BMTR 11/22/2018 324 258,445 Buy Sell Sell Buy Buy 332 328 320 316 11.19 0.50
GJTL 11/22/2018 635 147,470 Buy Buy Sell Buy Buy 672 653 623 612 0.40
INAF 11/22/2018 4,160 490 Buy Sell Buy Buy Buy 4,320 4,240 4,110 4,060 26.24
GIAA 11/22/2018 218 331,785 Buy Buy Buy Buy Sell 230 224 214 210 0.51
POOL 11/22/2018 5,825 1,457,660 Buy Buy Buy Buy Sell 5,942 5,883 5,708 5,592 145.51 16.05
SMBR 11/22/2018 1,900 11,335 Sell Sell Sell Buy Buy 1,947 1,923 1,888 1,877 244.34 5.50
TINS 11/22/2018 655 358,825 Sell Sell Sell Buy Sell 682 668 648 642 9.22 0.80
PWON 11/22/2018 625 870,475 Buy Buy Buy Buy Buy 642 633 613 602 13.49 2.55
IMAS 11/22/2018 2,000 107,790 Sell Buy Sell Buy Buy 2,090 2,045 1,970 1,940 11.26 0.65
MASA 11/22/2018 685 502,810 Buy Buy Buy Buy Buy 718 702 677 668 1.33
RALS 11/22/2018 1,295 70,435 Buy Buy Buy Buy Sell 1,348 1,322 1,262 1,228 15.38 2.32
ACES 11/22/2018 1,445 95,780 Buy Buy Buy Buy Sell 1,472 1,458 1,433 1,422 25.94 6.46
MPPA 11/22/2018 180 318,910 Buy Buy Sell Buy Buy 189 185 176 171 1.06
SMCB 11/22/2018 1,970 919,860 Buy Buy Buy Sell Sell 2,097 2,033 1,933 1,897 2.31
TINS 11/22/2018 655 358,825 Sell Sell Sell Buy Sell 682 668 648 642 9.22 0.80

Closing = 22 November 2018