Adaro Energy, Tbk (ADRO) in analysis

Analysis of ADRO the latest news....

• ADRO has just won the tender to acquire 25% stake in Maruwai Coal project, which means it will earn much more profit next year in order to capture the larger coal market (domestic & foreign), which has a huge land of 355.000 hectare to be mined.
• Now it is going to replace Bumi Resources of being the best coal miner in Indonesia, which means it will become the greatest coal company with a lot of supports
• The great thing of all is it earned an increment of net income by 392% which is from Rp887.2 billion becoming Rp4.37 trillion
• The great management of the firm by having mentality of working effectively & efficiently becoming the key point of the firm to keep growing which was from a loser become a great gainer
• Confidence from investor increases to the firm as it is increasing its capacity of production with increment of target sales, which results in increment of net profit, whereas they have a great management which can keep them producing as efficient as possible.
• Increment in interest by investors who has moved their 'eyes' from BUMI to ADRO, which was expressed by today's transactions in which the number of queue of orders are a lot (increase of credit toward ADRO)

Technical view:

• We can see a lot of lines there the red BOLD line is uptrend support since the bottom of ADRO at 2008, yet it's still uptrend since that day.
• The gaining days pattern is seems to be similar with the previous one, around 7 days, currently it's 4th days of gaining days, so we still have maybe 3-5 days to gain.
• The EMA Crossover EMA5 & EMA15 has crossed since Mar 29, 2010 the 1st gaining day, as I signaled days before.
• The MA5 has signaled BUY since Mar 24, 2010 so does ADX, RSI, William's%R, ROC & Stochastic (Mar 25) as I signaled at the mid-session break, check: Watchlist after break....
• The ADX is moving upward which means the rend is strengthening, as the DI+ is getting more gaps toward DI-
• Pattern, usually ADRO will shock for quite long & the Stochastic will move long around overbought area for quite a mean time.

Rating: Trading Buy, TP: 2075-2125, SL: 1940-1960

Mid-term TP (2-3 months) : 2400-2500

Happy Investing^^

Disclaimer ON!!!

Mar 31, 2010

Spec Buy for Bakrieland Development (ELTY), as EMA is golden crossing...

Rumoring on Adaro Energy (ADRO) that it's financial statement is quite well that it posted around 200% increase of net income YoY...
But, we can see that the technical analysis of ADRO is quite well, that it's going to break the resistance....

Rating: Buy ; TP: 2000-2075



Happy Investing^^
Disclaimer ON!!!

Movement on 30th

As yesterday, the stocks are moving variably, today seems the market is still going up again, as yesterday might be only a correction.

ELSA is showing a reversal candle, as today will be the confirmation. If it goes down, then it will be a sell signal for us, but once again if it goes up, it means the candle was only a correction.

So does HEXA which is forming an ascending triangle formation.

Ratings will still be the same. But remember, when we've got the profit, realized them as it is close to the high when people is profit taking.

Happy Investing^^
Disclaimer ON!!!

Mar 29, 2010

Our Indonesian Stock Exchange Index (^JKSE), is still in strong bullish. It's shown by a strong uptrend by the ADX (Average Directional Index). Stochastic has no reversal signal as it's closely touching the 100%.

Well, as our macro stock index is still showing strong trending, we can conclude that BUY is still on the counter. What to be watch? Then this is the right place to get a peep.

Elnusa, Tbk. (ELSA.IJ, ELSA.JK), one of the government's firm that is still having strong performance. It posted 600% increment of net profit, that make investors targeting this stock. Well, fundamentally, this stock is still cheap with low PER below 6x.

Technically, strong bullish is still shown by ELSA with ADX >40, DI+>DI-. MACD, ROC & RSI is still bending up.

Rating: Buy, TP: 530-540, SL: 415-420

Hexindo Adiperkasa (HEXA.IJ, HEXA.JK), one of the heavy equipment company, that perform quite well. The stock is still growing as the macroeconomic of Indonesia is growing. Not much information can be given.

Rating: Buy, TP: 4150-4400, SL: 3850-3950

Happy Investing^^

Disclaimer ON!!!

Peeping....

It's rumored that ADRO posted 200-300% higher net income, for confirmation, we'll wait for today's news...
I think, it's great if so, and prepare for the jumps from 10-20%....

Well, the EMA5-15 is golden crossing & everything is in great position.

Rating: Buy On Weakness, TP: 1920-2075, SL 1840-1860

Happy Investing^^
Disclaimer ON!!!