UT maintain SELL, downgrade TP to 15450 from 20450 and have ASII for preferred pick‎

8:55 AM | February 1, 2016 BERITA No Comments

Citigroup (CG) – Maintain Sell on UNTR — We believe UNTR’s performance will continue to be under pressure from weak coal prices and continued high diesel prices. Pama is facing competition from internal mining contracting companies as many of the miners started creating/using in-house sister companies. Komatsu (construction div.) is also facing tougher competition from the Korean and Chinese HE products. UNTR’s decision to go into power plant is good in the longer term, but it needs to provide sufficient cash flows for the project in the near term. We maintain Sell with reduced TP of Rp15,450 (from Rp20,450) and have Astra as our preferred pick.

[2/1, 08:43] ‪+62 878-8213-7667‬: Senin, 01 Februari 2016
Valbury Asia Securities

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Prediksi IHSG;
Afirmasi dari lembaga pemeringkat Moody’s Investors Service terhadap rating Indonesia dengan mempertahankan predikat layak investasi dapat menjadi salah satu katalis positif bagi pergerakan IHSG dalam pekan ini. Moody’s kembali mengafirmasi peringkat Indonesia pada level layak investasi (investment grade). Moody Investors Service tetap memasang rating utang Indonesia di Baa3. Dari Jepang, Bank of Japan (BoJ) mengejutkan pasar keuangan pada hari Jumat lalu dengan menerapkan suku bunga negatif bagi institusi finansial yang menyimpan dana di bank sentral tersebut. BoJ memutuskan suku bunga -0,1%, dan mempertahankan program pembelian aset senilai 80 triliun Yen per tahun. Afirmasi dari Moody’s terhadap rating Indonesia dengan mempertahankan predikat layak investasi serta faktor dari ekternal tersebut, membuka peluang bagi IHSG untuk menguat dalam pekan ini.

Perspektif tenikal
Support Level : 4583/4550/4532
Resistance Level : 4633/4651/4684
Major Trend : Down
Minor Trend : Up
Pattern : Up

TRADING IDEAS : These recommendations based on technical and only intended for one day trading
Perspektif