1
Today’s Market:
IHSG diperkirakan bergerak menguat. Bursa AS ditutup
menguat pada perdagangan Rabu (03/06). Harga batuba-
ra stabil di level USD 55.80 per Mt. Crude oil turun ke lev-
el USD 36.78 per barrel. Rupiah menguat terhadap Dollar
AS di level Rp 14,095. 10Yr Government Bonds Yield turun
ke level 7.00%.
Dari global, pemerintah AS mengeluarkan larangan mas-
kapai penerbangan China memasuki AS, efektif 16 Juni.
Disamping itu, AS mencatatkan jumlah pekerja di bidang
swasta turun 2.76 juta pada bulan Mei, lebih rendah dari
estimasi 8.75 juta penurunan jumlah pekerja.
Dari dalam negeri, Bank Indonesia (BI) mencatat pada
April 2020 penghimpunan dana pihak ketiga (DPK) industri
perbankan sebesar Rp 5,883.4 triliun (+8% YoY).
Sehubungan dengan emiten, PP Properti (PPRO) mencat-
atkan pendapatan 1Q20 sebesar Rp 357.9 bn (-16.6%
YoY), dan laba bersih Rp 26.4 bn (-50.4% YoY).
Sehubungan dengan emiten, Smartfren Telecom (FREN)
mencatatkan pendapatan 1Q20 sebesar Rp 2.0 tn
(+41.5% YoY), dan rugi bersih Rp 1.8 tn (vs rugi Rp 425
bn pada 1Q19). FREN mencatatkan rugi kurs sebesar Rp
1.3 tn.
Sehubungan dengan emiten, PP Presisi (PPRE) pada 1Q20
membukukan kontrak senilai Rp 424 bn.
Secara teknikal indeks hari Jumat (04/06), IHSG diprediksi
bergerak di kisaran 4846-5043.
Source: Bloomberg, Sinarmas Investment Research See pg. 6-8 for Technical Corner
www.sinarmassekuritas.co.id See important disclaimer at the end of this report
Thursday, June 4, 2020
IHSG naik sebanyak 93.5 poin (1.93%) ke level 4941.01.
Sementara LQ45 naik sebanyak 21.1 poin (2.82%) ke level
770.66. Foreign net buy sebesar Rp 1507.1 miliar.
ID X Stat ist ics C lo sing
JCI 4,941.01
Transaction Value Regular M arket (IDR tn) 12.019
Transaction Volume Regular M arket (mn shares) 10,177
Foreign Net Buy (Sell) (IDR bn) 1,507
Foreign Net Buy (Sell) (0.56)
Total M arket Capitalization (IDR tn) 5,726.62
LQ45 770.66 2.82 (28.60)
EIDO 19.68 4.68 (30.78)
IDX 17.54 4.49 (29.38)
DOW JONES 26,269.89 2.05 6.27
S&P 500 3,122.87 1.36 16.80
NASDAQ 9,682.91 0.78 40.26
FTSE 6,382.41 2.61 (16.98)
NIKKEI 22,613.76 1.29 (0.66)
HANG SENG 24,325.62 1.37 (18.70)
STRAITS TIM ES 2,700.39 3.40 (20.64)
KLSE 1,538.53 2.05 (14.37)
USD/IDR 14,095.00 0.00 1.62
EUR/IDR 15,818.40 (1.97) 1.67
JPY/IDR 129.43 (2.08) 1.28
SGD/IDR 10,081.51 (1.95) (2.26)
AUD/IDR 9,735.32 (3.06) 0.22
GBP/IDR 17,675.41 (2.65) (3.09)
Crude Oil (USD/barrel) 36.78 7:56:39 AM (39.76)
Coal (USD/mn tons) 55.80 6/3/2020 (17.58)
Natural Gas (USD/mmBtu) 1.81 7:56:38 AM (17.13)
Gold (USD/ounce) 1,699.11 8:06:41 AM 11.98
Nickel (USD/mn tons) 12,867.00 6/3/2020 (8.26)
Tins (USD/mn tons) 16,001.00 6/3/2020 (6.84)
CPO (M YR/mn tons) 2,474.00 6/3/2020 (18.65)
Rubber (JPY/kg) 130.50 7:43:53 AM (26.40)
Wheat (USD/bushel) 512.75 7:54:05 AM (8.23)
Corn (USD/bushel) 324.25 7:54:23 AM (16.38)
C o mmo dit ies
Other Indices C lo sing 1-D ay C hg (%)YT D
C hg (%)
C urrency Spo t R ate R ate ( ID R ) 1-D ay C hg (%)YT D
C hg (%)
P riceLast
T ransact io n
YT D
C hg (%)
0
2,000
4,000
6,000
8,000
10,000
12,000
14,000
16,000
18,000
3,000
3,500
4,000
4,500
5,000
5,500
6,000
6,500
7,000
Apr-19 May-19 Jun-19 Jul-19 Aug-19 Sep-19 Oct-19 Nov-19 Dec-19 Jan-20 Feb-20 Mar-20
Millio
ns
Volume JCI Index
2
Daily Corporate and Industry News
Presiden Republik Indonesia, Joko Widodo telah meminta skema penempatan dana dari pemerintah di bank peserta diselesaikan segera pada minggu ini. Sementara itu, proses tersebut telah memasuki tahap finalisasi oleh Menteri Keuangan, Menteri Koordinator Bidang Perekonomian, dan Otoritas Jasa Keuangan (OJK). Source: Investor Daily Likuiditas perekonomian atau uang beredar dalam arti luas (M2) tumbuh melambat pada April 2020. Bank Indonesia (BI) mencatat, posisi M2 April 2020 sebesar Rp 6.238,3 triliun atau +8,06% yoy. Source: Kontan Bank Indonesia (BI) mencatat pada April 2020 penghimpunan dana pihak ketiga (DPK) industri perbankan sebesar Rp 5.883,4 triliun (+8% YoY) atau lebih rendah dibandingkan pada Maret 2020 sebesar Rp 5.979,3 triliun (+9.6% YoY). Source: Investor Daily Bank Indonesia memberlakukan pemberian jasa giro bagi giro wajib minimum perbankan yang ditempatkan di Bank Indonesia dalam bentuk suku bunga. Gubernur Bank Indonesia (BI) Perry Warjiyo mengatakan sebagai keputusan lanjutan Rapat Dewan Gubernur (RDG) BI pada 18-19 Mei 2020, maka suku bunga untuk penempatan giro wajib minimum (GWM) ditentukan sebesar 1,5%. Source: Bisnis Indonesia Badan Pengelola Tabungan Perumahan Rakyat atau BP Tapera menyebut sejumlah kriteria atau persyaratan bagi peserta yang ingin memiliki rumah yakni memiliki penghasilan maksimal Rp8 juta dan belum pernah memiliki rumah pribadi. BP Tapera mengungkapkan pemerintah akan mengalihkan dana Fasilitas Likuiditas Pembiayaan Perumahan (FLPP) ke Tapera mulai tahun 2021. Source: IQPlus Harum Energy (HRUM), membeli 68,53 juta saham, atau setara dengan 3,22% dari seluruh modal ditempatkan di Nickel Mines. Dalam transaksi tersebut HRUM membayar sebesar AUD 34,26 juta. Source: Kontan PP Presisi (PPRE) pada 1Q20 membukukan kontrak senilai Rp 424 miliar, mayoritas nilai kontrak berasal dari proyek Bendungan Way Apu dan Jalan Lintas Selatan Lot 7. Source: Kontan Surya Esa Perkasa (ESSA) berencana menggalang dana hingga US$ 450 juta yang terdiri atas surat utang global (global bond) senilai US$ 350 juta dan pinjaman bank sebesar US$ 100 juta. Source: Investor Daily Fitch Ratings Indonesia menurunkan peringkat nasional jangka panjang PT Bank Permata Tbk (BNLI) dari semula AAA(idn) menjadi AA+(idn) dengan outlook stabil, sedangkan peringkat nasional jangka pendek diafirmasi di level F1+(idn). Penurunan peringkat dan penetapan outlook stabil ini sekaligus menghapus pantauan peringkat rating watch negatif (RWN). Source: Bisnis Indonesia Urban Jakarta Propertindo (URBN) menargetkan pemasaran proyek Jakarta River City (JRC) pada 2021. Source: In-vestor Daily
www.sinarmassekuritas.co.id See important disclaimer at the end of this report
3
World Equity Indices
Source: Bloomberg, Sinarmas Investment Research
www.sinarmassekuritas.co.id See important disclaimer at the end of this report
WOR LD EQUIT Y IN D IC ES
N O T IC KER
1 INDU Index 29,568.57 18,213.65 (2,268.55) (7.95) 19.48 23.96 3.77 3.77 7,983.11 7,983.11
2 SPX Index 3,393.52 2,191.86 (107.91) (3.34) 21.73 24.93 3.54 3.41 26,917.07 26,917.07
3 CCM P Index 9,838.37 6,631.42 710.31 7.92 38.39 35.58 5.17 5.04 15,061.04 15,061.04
4 SPTSX Index 17,970.51 11,172.73 (1,488.32) (8.72) 19.44 25.50 1.60 1.50 2,360.15 1,749.56
5 M EXBOL Index 45,955.41 32,503.25 (5,250.25) (12.06) 18.46 19.72 1.72 0.97 4,905.74 226.39
6 SX5E Index 3,867.28 2,302.84 (475.56) (12.70) 20.32 19.50 1.53 1.50 2,870.65 3,225.75
7 UKX Index 7,727.49 4,898.79 (1,160.03) (15.38) 22.40 19.31 1.51 1.52 1,723.35 2,170.04
8 CAC Index 6,111.41 3,632.06 (955.68) (15.99) 19.96 21.70 1.45 1.45 1,579.80 1,775.22
9 DAX Index 13,795.24 8,255.65 (761.65) (5.75) 24.56 20.43 1.49 1.46 1,136.68 1,277.29
10 IBEX Index 10,100.20 5,814.50 (1,922.80) (20.14) 27.82 23.06 1.10 1.10 485.30 545.33
11 FTSEM IB Index 25,483.05 14,153.09 (3,864.56) (16.44) 22.63 21.46 0.99 0.99 448.98 504.52
12 AEX Index 632.12 389.60 (43.28) (7.16) 21.99 24.10 1.72 1.70 763.13 857.53
13 SM I Index 11,270.00 7,650.23 (433.17) (4.08) 21.06 19.21 2.36 2.33 1,210.15 1,258.21
14 AS51 Index 7,197.20 4,402.50 (665.38) (9.95) 19.58 21.41 1.90 1.87 1,819.95 1,262.68
15 AS30 Index 7,289.70 4,429.10 (662.90) (9.75) 19.81 21.22 1.89 1.87 1,986.28 1,378.08
16 SHSZ300 Index 4,223.51 3,503.19 (112.93) (2.76) 14.91 12.62 1.72 1.59 31,820.98 4,473.07
17 SHASHR Index 3,276.75 2,773.54 (131.67) (4.12) 14.90 11.99 1.38 1.26 34,104.72 4,794.10
18 SZASHR Index 2,035.92 1,524.76 130.91 7.26 43.92 19.97 2.65 2.73 25,778.89 3,623.74
19 HSI Index 29,174.92 21,139.26 (3,864.13) (13.71) 10.58 11.48 1.01 0.98 16,382.76 2,113.85
20 HSCEI Index 11,502.47 8,290.34 (1,200.53) (10.75) 8.19 8.78 1.04 0.98 12,796.40 1,651.11
21 SENSEX Index 42,273.87 25,638.90 (7,144.20) (17.32) 22.00 18.76 2.60 2.35 65,739.39 872.66
22 NIFTY Index 12,430.50 7,511.10 (2,106.90) (17.31) 19.90 18.03 2.39 2.16 77,398.13 1,027.43
23 JCI Index 6,468.25 3,911.72 (1,358.53) (21.57) 15.99 15.30 1.64 1.71 5,726,619.51 405.77
24 LQ45 Index 1,036.62 566.05 (243.81) (24.03) 12.92 14.77 1.81 1.75 3,665,994.63 259.76
25 KSE100 Index 43,468.22 27,046.71 (6,333.66) (15.55) 8.12 6.71 1.00 0.96 5,413.58 32.92
26 NKY Index 24,115.95 16,358.19 (903.16) (3.82) 26.50 20.63 1.77 1.62 353,505.99 3,245.85
27 NEY Index 356.77 249.78 (18.26) (5.22) 17.72 16.11 1.13 1.05 427,737.32 3,927.44
28 TPX Index 1,747.20 1,199.25 (113.85) (6.61) 19.26 16.78 1.18 1.12 610,025.57 5,601.19
29 FBM KLCI Index 1,694.55 1,207.80 (50.23) (3.16) 18.83 20.09 1.54 1.46 986.49 231.71
30 NZSE Index 2,019.39 1,356.73 (64.84) (3.37) 34.25 28.40 2.19 1.87 153.21 98.51
31 PCOM P Index 8,419.59 4,039.15 (1,569.61) (20.08) 14.80 17.10 1.57 1.47 7,824.90 156.84
32 FSSTI Index 3,386.65 2,208.42 (522.44) (16.21) 10.72 14.45 0.92 0.90 471.44 337.57
33 KOSPI Index 2,277.23 1,439.43 (20.94) (0.95) 25.04 15.37 0.86 0.90 1,389,685.11 1,142.65
34 TWSE Index 12,197.64 8,523.63 (676.98) (5.64) 19.22 17.47 1.74 1.81 34,257.13 1,145.92
35 SET Index 1,748.15 969.08 (205.66) (13.02) 18.93 20.48 1.53 1.54 14,752.00 466.81
36 SET50 Index 1,164.72 628.97 (149.45) (13.99) 19.27 21.17 1.76 1.65 10,303.28 326.03
37 VNINDEX Index 1,028.97 649.10 (79.82) (8.31) 14.57 15.21 1.96 2.12 3,072,683.03 132.08
T railing F o rwardD o main
C urrencyUSDLOW P OIN T % T railing F o rward
A sia/ P acif ic
A merica
52-WEEK C H A N GE YT D P ER (x) P B V (x) M A R KET C A P (B n)
Euro pe
H IGH
4
LQ45
Source: Bloomberg, Sinarmas Investment Research
www.sinarmassekuritas.co.id See important disclaimer at the end of this report
LQ45 Index
HIGH LOW POINT % Trailing Forward Trailing Forward
1 ACES IJ 1,500 1,920 970 5 0.33 24.87 28.40 5.43 28.40 25,725.00
2 ADRO IJ 1,165 1,715 610 (390) (25.08) 6.87 9.15 0.70 9.15 37,263.65
3 AKRA IJ 2,450 4,580 1,405 (1,500) (37.97) 13.24 11.60 1.14 11.60 9,836.00
4 ANTM IJ 555 1,175 338 (285) (33.93) 68.83 28.68 0.74 28.68 13,337.07
5 ASII IJ 4,890 7,700 3,220 (2,035) (29.39) 9.29 11.36 1.28 11.36 197,964.57
6 BBCA IJ 28,900 35,300 21,625 (4,525) (13.54) 24.50 27.23 4.15 27.23 712,529.79
7 BBNI IJ 4,130 9,450 2,970 (3,720) (47.39) 4.95 8.82 0.71 8.82 77,018.95
8 BBRI IJ 3,100 4,760 2,160 (1,300) (29.55) 11.04 14.45 2.14 14.45 382,372.01
9 BBTN IJ 1,010 2,750 720 (1,110) (52.36) #N/A N/A 9.67 0.65 9.67 10,695.90
10 BMRI IJ 4,860 8,175 3,660 (2,815) (36.68) 8.25 9.31 1.11 9.31 226,800.00
11 BRPT IJ 1,340 1,525 426 (170) (11.26) 225.73 47.36 7.13 47.36 119,283.13
12 BSDE IJ 790 1,580 585 (465) (37.05) 6.17 9.52 0.54 9.52 15,204.89
13 BTPS IJ 3,100 5,125 1,790 (1,150) (27.06) 17.06 22.35 4.43 22.35 23,881.47
14 CPIN IJ 6,000 7,750 3,800 (500) (7.69) 26.30 32.42 4.48 32.42 98,388.00
15 CTRA IJ 665 1,335 394 (375) (36.06) 11.63 13.57 0.84 13.57 12,342.60
16 ERAA IJ 1,285 2,260 805 (510) (28.41) 11.72 17.16 0.83 17.16 4,099.15
17 EXCL IJ 2,580 3,730 1,315 (570) (18.10) 12.69 20.80 1.34 20.80 27,621.51
18 GGRM IJ 48,175 80,675 30,625 (4,825) (9.10) 8.45 9.86 1.74 9.86 92,692.94
19 HMSP IJ 1,850 3,470 1,085 (250) (11.90) 15.58 17.46 5.51 17.46 215,188.44
20 ICBP IJ 8,500 12,550 7,750 (2,650) (23.77) 17.44 17.89 3.63 17.89 99,126.22
21 INCO IJ 2,880 4,320 1,340 (760) (20.88) 19.01 29.08 1.03 29.08 28,616.66
22 INDF IJ 6,200 8,300 5,000 (1,725) (21.77) 10.97 10.40 1.37 10.40 54,438.64
23 INKP IJ 6,000 10,150 3,020 (1,700) (22.08) 8.46 - 0.58 - 32,825.90
24 INTP IJ 13,400 22,875 8,650 (5,625) (29.57) 26.88 26.38 2.14 26.38 49,328.50
25 ITMG IJ 8,825 18,500 5,650 (2,650) (23.09) 6.51 8.43 0.79 8.43 9,971.59
26 JPFA IJ 1,165 1,860 760 (370) (24.10) 7.61 9.02 1.26 9.02 13,661.46
27 JSMR IJ 3,940 6,225 2,230 (1,235) (23.86) 12.96 23.20 1.53 23.20 28,596.01
28 KLBF IJ 1,415 1,690 830 (205) (12.65) 25.70 25.18 4.04 25.18 66,328.30
29 LPPF IJ 1,590 4,500 1,080 (2,620) (62.23) 3.27 5.62 2.43 5.62 4,459.76
30 MNCN IJ 1,010 1,780 750 (620) (38.04) 5.62 6.39 1.08 6.39 14,418.86
31 PGAS IJ 970 2,460 605 (1,200) (55.30) 33.07 13.71 0.64 13.71 23,514.26
32 PTBA IJ 2,110 3,150 1,385 (550) (20.68) 6.10 7.35 1.19 7.35 24,308.59
33 PTPP IJ 760 2,340 484 (825) (52.05) 5.08 3.88 0.35 3.88 4,711.92
34 PWON IJ 412 815 266 (158) (27.72) 7.30 9.87 1.33 9.87 19,841.76
35 SCMA IJ 1,000 1,785 600 (410) (29.08) 16.29 13.22 2.83 13.22 14,774.67
36 SMGR IJ 9,700 13,500 5,475 (2,300) (19.17) 22.40 23.53 1.74 23.53 57,535.74
37 SRIL IJ 156 372 113 (104) (40.00) 2.56 - 0.36 - 3,190.54
38 TBIG IJ 1,090 1,365 730 (140) (11.38) 27.40 22.89 5.29 22.89 24,696.13
39 TKIM IJ 4,750 13,475 3,750 (5,525) (53.77) 6.28 - 0.75 - 14,787.81
40 TLKM IJ 3,290 4,500 2,450 (680) (17.13) 17.46 15.24 3.27 15.24 325,914.69
41 TOWR IJ 1,010 1,015 575 205 25.47 21.33 19.95 5.45 19.95 51,524.77
42 UNTR IJ 17,075 28,900 12,000 (4,450) (20.67) 6.32 7.26 1.01 7.26 63,692.06
43 UNVR IJ 8,225 9,795 5,275 (175) (2.08) 41.76 40.15 43.47 40.15 313,783.75
44 WIKA IJ 1,190 2,500 675 (800) (40.20) 4.67 5.42 0.65 5.42 10,674.24
45 WSKT IJ 665 2,180 394 (820) (55.22) 9.62 9.86 0.50 9.86 9,026.68
MARKET CAP
(Bn)LQ45 Index
CHANGE YTD PER (x) PBV (x)3-Jun-20
52-WEEK
5
Macro data
Source: Bloomberg, Sinarmas Investment Research
www.sinarmassekuritas.co.id
D escript io n 1-D ay (%) 5-D ays (%) 1-M o nth (%) YT D (%)
Property 2.00 4.28 14.77 (33.91)
Basic Industry 1.08 9.66 5.21 (21.51)
Trade 0.45 3.58 3.84 (20.20)
Finance 3.20 13.51 9.57 (24.16)
M iscellaneous Industry 2.66 9.40 25.34 (28.35)
Consumer 0.98 0.25 3.82 (10.44)
Infrastructure 1.86 2.28 2.28 (20.88)
Agriculture 3.21 3.68 5.22 (34.55)
M ining 0.91 2.15 6.87 (17.21)
M ay-20 A pr-20
0.90 3.61
2.19 2.67
0.07 0.08
127.88 120.97
F OR EX Spo t R ate 1-D ay (%) 1-M o nth (%) YT D (%)
USD/IDR 14,095.00 - 7.13 (1.62)
USD/CNY 7.12 (0.20) (0.74) (2.14)
USD/EUR 0.89 0.10 (2.84) (0.09)
USD/JPY 108.92 (0.02) (2.00) (0.28)
USD/SGD 1.40 (0.01) 1.34 (3.73)
USD/AUD 1.45 0.21 (6.97) 1.59
USD/GBP 0.80 0.28 (0.78) 5.71
( in %)
5.20
0.56
1.46
6.49
7.00
7.51
Indonesia 5-Year Government Bonds Yield
Indonesia 10-Year Government Bonds Yield
Indonesia 15-Year Government Bonds Yield
Lending and D epo sit R ates
JIBOR (in IDR)
LIBOR (in GBP)
SIBOR ( in USD)
Inflation M oM (in %)
Foreign Reserves (in USD bn)
Secto rs
Eco no mic Indicato rs
Inflation YTD (in %)
Eco no mic P arameters
Inflation YoY (in %)
Technical Corner
www.sinarmassekuritas.co.id See important disclaimer at the end of this report
JCI : MENGUAT
Last price : 4.941
Support : 4.846, 4.754
Resistance : 5.043, 5.120
JCI pada hari ini kami perkirakan akan bergerak MENGUAT dengan range 4.846– 5.043. JCI berhasil break
Resistance 4.937, berpeluang melanjutkan penguatan dengan mencoba Resistance 5.043 dan 5.120. Namun,
jika JCI gagal bertahan diatas 4.937, akan menguji Support 4.846 dan 4.811. Indikator Stoc osc
mengindikasikan pola Overbought dan MACD mengindikasikan pola Uptrend.
Jakarta Composite Index (JCI)
Summary of portfolio:Stock Recommendation Comment
LSIP BUY ON WEAKNESS LSIP berhasil breakout Resistance 760, berpeluang melanjutkan penguatandengan mencoba Resistance 800 dan 820. Namun, jika LSIP gagal bertahan
diatas 760, akan menguji Support 740 dan 725.
WEGE BUY ON WEAKNESS WEGE berhasil break Resistance Trendline 168, berpeluang melanjutkanpenguatan dengan mencoba Resistance 177 dan 187. Namun, jika WEGE gagal
ITMG HOLD ITMG sudah mencapai Target price 8.700 (03/6), kami merekomendasikanTake Profit ITMG. Namun, jika ITMG bertahan diatas 8.700, berpeluang
mencoba Resistance 8.900 dan 9.000.
BBNI HOLD Entry point 3.920 (03/6) sudah tercapai, BBNI berhasil break Resistance4.100, berpeluang melanjutkan penguatan dengan mencoba Resistance 4.170
dan 4.240.
LSIP : BUY ON WEAKNESS
Last price : 785Target price : 850 (9.7%)Entry point : 775Stop Loss : 725 (-6.5%)
LSIP berhasil breakout Resistance 760, berpeluang melanjutkan penguatan dengan mencoba Resistance 800 dan 820.Namun, jika LSIP gagal bertahan diatas 760, akan menguji Support 740 dan 725. Indikator MACD dan Stoc oscmengindikasikan pola Uptrend.
WEGE : BUY ON WEAKNESS
Last price : 175Target price : 190 (11.8%)Entry point : 170Stop loss : 160 (-5.9%)
WEGE berhasil break Resistance Trendline 168, berpeluang melanjutkan penguatan dengan mencoba Resistance 177dan 187. Namun, jika WEGE gagal bertahan diatas 168, akan kembali menguji Support 162 dan 156. WEGE dilihat dariIndikator MACD dan Stoc osc mengindikasikan pola Uptrend.
Support : 775, 760Resistance : 800, 820
Support : 162, 156Resistance : 177, 187
Wijaya Karya Bangunan Gedung Tbk (WEGE)
PP London Sumatra Indonesia Tbk (LSIP)
www.sinarmassekuritas.co.id See important disclaimer at the end of this report
Indo Tambangraya Megah Tbk (ITMG)
Bank Negara Indonesia Tbk (BBNI)
www.sinarmassekuritas.co.id See important disclaimer at the end of this report
ITMG : TAKE PROFIT
Last price : 8.825Target price : 8.700 (7.4%)
ITMG sudah mencapai Target price 8.700 (03/6), kami merekomendasikan Take Profit ITMG. Namun, jika ITMGbertahan diatas 8.700, berpeluang mencoba Resistance 8.900 dan 9.000. ITMG dilihat dari Indikator MACDmengindikasikan pola Uptrend dan Stoc osc mengindikasikan pola Overbought.
BBNI : HOLD
Last price : 4.130Target price : 4.240 (8.2%)Stop loss : 3.780 (-3.6%)
Entry point 3.920 (03/6) sudah tercapai, BBNI berhasil break Resistance 4.100, berpeluang melanjutkan penguatandengan mencoba Resistance 4.170 dan 4.240. Namun, jika BBNI gagal bertahan diatas Resistance 4.100, berpeluangkembali menguji Support 4.030 dan 3.920. BBNI dilihat dari Indikator MACD mengindikasikan pola Uptrend dan Stocosc mengindikasikan pola Overbought.
Support : 8.700, 8.475Resistance : 8.900, 9.000
Support : 4.100, 4.030Resistance : 4.170, 4.240
PT Sinarmas Sekuritas
Sinarmas Land Plaza Tower 3, 6th Fl.
Jl. M. H. Thamrin no. 51
Tel: +62 21 392 5550
Fax: +62 21 392 5540
www.sinarmassekuritas.co.id
Equity Research Team
HEAD OF RESEARCH
Evan Lie Hadiwidjaja
Banking, Automotive
Tel: +62 21 3925550 Ext: 615
EQUITY ANALYST
Richard Suherman
Commodities
Tel: +62 21 3925550 Ext: 610
EQUITY ANALYST
Richardson Raymond
Property, Industrial Estate
Tel: +62 21 3925550 Ext: 159
EQUITY ANALYST
Paulina
Consumer, Retail, Cement
Tel: +62 21 3925550 Ext: 610
RESEARCH ASSOCIATE
Andrianto Saputra
Tobacco, Plantation
Tel: +62 21 3925550 Ext: 159
RESEARCH ASSOCIATE
Kharel Devin Fielim
Media, Poultry, Construction
Tel: +62 21 3925550 Ext: 159
TECHNICAL ANALYST
Eddy Wijaya
Tel: +62 21 3925550 Ext: 159
DISCLAIMER
This material is issued by PT Sinarmas Sekuritas, a member of Indonesia Stock Exchanges, represent the opinion of PT Sinarmas Sekuritas, derived its judg-
ment from sources deemed reliable, however, PT Sinarmas Sekuritas and its affiliated cannot guarantee its accuracy and completeness. PT Sinarmas Seku-
ritas or its affiliates may be involved in transactions contrary to any opinion herein or have positions in the securities recommended herein and may seek or
will seek investment banking or other business relationships with the companies in this material. PT Sinarmas Sekuritas, its employees and its affiliates,
expressly disclaim any and all liability for representation or warranties, expressed or implied, here in or omission there from or for any loss how so ever
arising from any use of this material or its contents or otherwise arising in connection there with. Opinion expressed in this material are our present view
and are subject to change without notice. For further information please contact our number +62 21 392 5550 or fax +62 21 392 2320.