ADRO in analysis

ADRO is almost passing its MA20, which is its strong support that really keep it in good position. Today it can't passed the MA20, but then it might retest the resistant to re-break to its place. While it's testing, the volume is increased today as the price increased as it's a sign of Bullish....

Rating: Buy, TP 1800-1820, breaking 1760 will be a very good point.

Happy Investing^^
Disclaimer ON!!!

Tuesday Overview

Wahh... Today, IDX really did its rally, as it rallied upward 1.40%, which might be a good sign.

As yesterday I updated my blog & gave some outlook of some stocks of Bluechips like PTBA & INDF. Yes!!! Today both of them rallied as I predicted.

Well, let's see some Blue-chips again, like PTBA, ADRO & AALI.

Picks for tomorrow

In my opinion, bluechips will be our top picks for tomorrow, as the last 3 days will be the decision days of window dressing, whether it happens or not.

Well, still some bluechips can be seen from the graph that some are in buy signal. See the chart lo....

I need a rest, tired already...
Bye....

Happy Investing^^
Disclaimer ON!!!

Indofood Update

Where as we know that Indofood one of the oldest brand in Indonesia that still exist in market & still be the favorite of consumer's goods.

Well, as they are trying to maintain themselves in growing phase, they must do or keep doing improvement. While they are focusing on processed-food production in 2010, as they are exist but not grown yet. The total potential market is around Rp1,500 trillion, which is a very large amount that they are eyeing. As Rp200 trillion is from cigarette sector. For food & beverages has been covered only around Rp300 trillion. So the total prospect in this industry is around Rp1000 trillion, which has been eyed by them.

As there are 85 million of youngster with high-mobility, of course they need instant processed-food that they will leave old way of cooking. Thus, people need efficiency for the mobility. As it's predicted by the CEO of Indofood that this sector will grow around 10% in 2010, then it means that INDF will also follow to grow as it is one of the sector player. As we know that INDF was only focusing on dehydrated foods & some beverages. And they are going to expand their market by entering this processed-food sector.

Almost all processed food will be covered by INDF soon, from kitchen needs to dining room foods. INDF will expand to canned food & frozen food, even they are still doubt about the frozen one to be produced soon. As they are growing together with the GDP, but they are targeting to grow double or even triple or more if possible. It's predicted that the next 5 years, the processed-foods industry will grow significantly as the mobility is going to be much higher.

Technically, it's not in good position, you can wait for days after it is in good buy point, then you can enter a bit.

Happy Investing^^

Disclaimer ON!!!

PTBA Update

As it's one of the biggest coal-miner that produce quite much amount of coal in contribution to coal export, this company is going to enlarge its portion of production.

Next year, the company is eyeing to acquisite some firms & mines that can increase its production & of course the next is the income.

The target of production increment for next year is 20%. As the market demand of coal is still large and we should know that the main market is export market and China & India is the biggest market of ours which demand grow around 9% each year, yet the coal export increment target is around 15%.

Domestically, whereas the demand will also increase as some cements factory is newly expanded & built in some Indonesia regions, that will increase the domestic consumption.

Lastly, the production quantity of PTBA in present is around 30-40mio tons. As the 3Q2009, it's booked that PTBA had production increment around 11% at the same period compaaring to 3Q2008.

The revenue for the year ended Sept'09 increased by 32% or equal to Rp6.55 trillion & the net income increased by 68.6% or equal to Rp2.23 trillion. Yet the target of increment of production will be around 15.6 tons or equal to 20% at 2009.

Some corporate actions make this firm stronger that the last action was acquisite 51% of Int'l Prima Coal, which is the sign that this copany is keep growing.

My rating is still Buy for mid-term & long term investors. For traders, it's quite hard to play short-term for this stock.
Beware!!!

Happy Investing^^
Disclaimer ON!!!