Riset pagi untuk ASII dan CPO stocks

pagi ini ada riset lagi CIMB 08 APRIL 2013 : 1.Astra International | Strong start into the year ASII IJ / ASII.JK | NEUTRAL - Maintained | Rp7,700.00 - Tgt. Rp9,000.00 Autos | by Cindy EFFENDI, Car sales started off well despite a host of challenges presented by the loan-to-value regulation, the Jakarta floods, inflation concerns, dented consumer confidence and uncertainty over the low cost cars. Despite posting 7% volume growth in 1Q13, Astra’s share price has fallen 10% YTD, dragged by shakier macro and commodity bears. Our target price basis and Neutral call are unchanged. Key mid-term catalysts are LCGC regulation approval and continued robust car sales. 2.Plantations | Indonesia stems expansion NEUTRAL - Maintained by Ivy NG, CFA, Indonesia’s plan to limit companies’ estate expansion to 100,000ha is negative as it would limit growth prospects for planters with low landbank reserves. But it should not curb near-term expansion as most planters with Indonesia exposure have sizeable landbank. The cap may spur Indonesian planters to expand overseas, venture downstream or give shareholders higher dividends over time. We maintain our Neutral stance on the sector. Our top picks remain Wilmar, Indofood Agri and BW Plant. AALI Outperform TP 24,000 SIMP Outperform TP1,396 LSIP Neutral TP 2,300 SGRO Outperform TP 2,900 BWPT Outperform TP 1,650 ES: Besaran kenaikan Wall Street mulai menurun bahkan sebelum data pekerjaan dihari Jumat lalu, ttp Lampu Merah tlh dikirim ke pasar melalui lemahnya data payroll shg kenaikan yg selama ini mjd kurang aman, itu artinya utk mendorong market tetap bullish hrs melihat earnings Q1/2013 dmn proyeksi earnings emiten tergabung dlm Indeks S&P 500 saat ini diperkirakan hanya tumbuh rata-rata 1.5% (bandingkan perkiraan awal thn 2013 msh dlm kisaran 4.3%), yg akan direlease mulai Senin ini diawali earnings Alcoa yg akan mengindikasikan dampak penurunan harga komoditas serta JPMorgan Chase & Wells Fargo (Jumat) khususnya detail earnings Wells Fargo utk melihat kaitan dgn kondisi sektor perumahan AS. Disamping perlu memperhatikan faktor earnings, bbrp data ekonomi penting yg perlu diperhatikan spt:Fed's Pianalto speaks, Bernanke speaks on stress testing banks (Senin); NFIB small business optimism index, Fed's Lacker speaks, wholesale inventories (Selasa); FOMC minutes, Obama budget blueprint released (Rabu); Jobless claims, import/export prices (Kamis) & PPI, Retail Sales, Consumer Sentiment, Business Inventories (Jumat). Diluar AS, laporan ekonomi negara besar yg perlu diperhatikan spt: China (PPI, CPI,Trade Balance, New Yuan Loans); Zona Euro (Industrial Production. CPI, Industrial Production). Dari dalam negeri, kenaikan IHSG jg mulai melambat dmn setelah IHSG sepanjang minggu lalu turun -0.3% & berusaha menembus level 5000, investor akan fokus atas lanjutan emiten yg akan merelease LK FY 2012, emiten mana yg akan bagi dividen & "hints" mengenai kondisi Q1/2013 emiten serta corporate action apa yg akan mrk lakukan kedepannya. Sent from BlackBerry® on 3