JAKARTA (TheInsiderStories) – Here’s several news could affect stock market condition compiled by our team and Mandiri Sekuritas :
*Government of the more serious rail infrastructure projects Jakarta-Surabaya. This week, a serious discussion will begin by the Indonesian government and the government of Japan. Coordinating Minister for the maritime and Resources Luhut Binsar Pandjaitan said the feasibility study is targeted to begin in 2017.
*PT Selamat Sempurna Tbk (SMSM, Rp970) targets sales and net profit next year growth by 5% to 10%. The relatively conservative performance growth for the industry next year has not been too recovered from the economic slowdown, says Financial Congratulations Perfect Direkur Ang Andri Pribadi. The automotive component manufacturers have growing optimism performance due to infrastructure projects spurred further public and private.
*PT Bintang Oto Global Tbk (BOGA. Rp175) subject to auto rejection. BOGA share par value Rp100 per share and the offering price of Rp103 per share. The transaction value BOGA stock issuers coded when worn auto rejection Rp2.4 billion or 137,777 lots.
*PT PP Tbk (PTPP, Rp3.860, BUY, TP Rp5.200) and PT Citra Putra Metrojaya form a joint venture named PT Citra Metro Solo Plasma Tower. Solo Plasma PT Citra Metro Tower is planned to manage the Surakarta municipal waste into electricity. Currently, the approval of the Minister of Justice and Human Rights is still in process.
*PT Golden Plantation Tbk (Goll, Rp116) plans to add a new factory in 2018 with a production capacity of up to 30 tons per hour, with an estimated investment of 100 billion. Budhi Istanto, Managing Director of Golden Plantation, said the company only has one processing plant in Kota Baru, South Kalimantan. The plant also has a production capacity of 30 tons per hour, which process yields from managed plantation subsidiary company, PT Bumiraya Investindo.
*Crude oil prices began to rise on Monday (19/12). The price of WTI oil contract for January delivery fly by 0.62% to US$52.22 per barrel, according to Bloomberg. This increase came after oil prices eroded 1.15% for the week. Research and Analyst Monex Investindo Futures Faisyal predict, today the price of oil potential to rise and move between $51,65 to $54.50 per barrel. In a week the oil price will move in the range of $47 to $57 per barrel.