Tips Trading 10 April 2013

Tips trading buat hari ini, Rabu tanggal 10 April 2013 :
1. IHSG kemarin dibuka positif, namun makin sore makin tertekan, bahkan sempat berada di zona merah, walaupun akhirnya ditutup dengan + 2 points, terasa ada upaya pertahanan IHSG tidak membuat new low baru.
2. Oleh karena itu IHSG diharapkan jangan turun dari level 4872, apalagi subuh ini Dow ditutup naik 0.41%, berpeluang IHSG bottom reversal kembali.
3. Harga BMRI yang diangkat naik, memperlihatkan ada upaya fund besar mempertahankan IHSG untuk masih up trend.
4. Harapan IHSG untuk dapat berada kembali pada posisi diatas MA5 (4925) menjadi terbuka kembali, sehingga Close>MA5>MA20>MA50>MA200, mengingat IHSG sudah turun 4 hari berturut-turut.
5. Permasalahannya adalah sektor mana yang akan diangkat? Mari kita perhatikan market hari ini.apakah saham-saham property kembali? Kalau lihat chart sektor properti Close>Open.
6. Pilih saham-saham yang memberikan signal bottom reversal, seperti diantaranya adalah saham ADHI, ASRI, GGRM, TLKM, dlsb.




Rumors said PT Indofarma (Persero), Tbk (INAF) plan to dividend pay out on the Annual General Meeting of Shareholders to be held on 11 April 2013 tomorrow. The estimated dividend to be distributed fairly large. INAF in 2012 and recorded good financial performance. The company posted net income of Rp42,38 billion, an increase of 14.80% when compared to net income in 2011 amounted to Rp36, 91 billion. This is due INAF Operating Expenses decreased 4.81% or Rp1,12 billion in 2011 to Rp1,07 trillion in 2012, while sales of INAF stabilized at Rp1,15 trillion. Some time ago, PT Pemeringkat Securities Indonesia (Pefindo) has been set for the INAFid-A. The rating is also intended for medium term notes (MTN) worth Rp500 billion to be issued by the INAF in mid-2013.The proceeds from the issuance will be used to finance MTN plant expansion and working capital firms, and to pay back a portion of bank debt Given these positive factors, in the market activity INAF share price target to Rp500 per share in the near future. In trading yesterday, INAF closed steady at Rp320 swift selloff amid foreign investors. INAF transaction valued at as much as 3969 times more than Rp25 billion in which foreign investors recorded net purchases worth more than Rp 3 billion.
Disclaimer on


TAXI FR KIM ENG :

 § Initiating coverage at BUY; TP of IDR1,500; FY13-14 PEG of 0.3x. We initiate coverage of Express (TAXI) with a BUY and DCF-based TP of IDR1,500, translating to potential upside of 32%. Owned by one of Indonesia’s largest conglomerates, the Rajawali Group, TAXI is poised to benefit from rising middle class income, the lack of an integrated mass rapid transport system and a low penetration rate of just 0.2 per 1,000 people compared to 5.2 in Singapore and 3.1 in Malaysia. Despite strong share price outperformance of 24% YTD, further upside remains, as the company possesses the strongest earnings growth profile among regional listed companies. Competitor Bluebird’s planned IPO should also provide a re-rating tailwind. Our DCF-based TP implies an FY14 PER of 17x, translating to a PEG of just 0.3x. The stock trades USD4m/day.