JAKARTA (TheInsiderStories) – Here’s several news could affect stock market condition compiled by our team and Mandiri Sekuritas :
*Indonesia Stock Exchange insert movement of PT Bumi Resources Minerals Tbk (BRMS, Rp141) into the category of shares out of habit (UMA) today. Stock exchange authorities urge investors to pay attention to information disclosure.
*Issuers energy investments PT Indika Energy Tbk (INDY) is targeting revenue of $ 1 billion in this year along with stable coal price in the range of US $ 70-US $ 80 per ton. The company presses the efficiency of this year so as not sunk deeper. Efficiency conducted since 2016 have shown positive performance through operating income although revenue is still declining. This year, coal companies will reduce the amount of debt through internal cash.
*IDX give suspension to the nine listed companies because the company did not fulfill the obligation to submit financial statements and does not fulfill the obligation to pay the fines. Issuers are PT Borneo Lumbung Energy & Metal Tbk (BORN, Rp50), PT Berau Coal Energy Tbk (BRAU, Rp82), PT Sugih Energy Tbk (SUGI, Rp114), Sakti Prima PT Permata Tbk (TKGA, Rp1.800) PT Global Teleshop Tbk (GLOB, Rp456), Trikomsel Oke Tbk (TRIO, Rp2,000), PT Skybee Tbk (SKYB, Rp420), PT Inovisi Infracom Tbk (INVS, Rp117), and PT Garda Tujuh Buana Tbk (GTBO , Rp260). (Announcements IDX)
*Exports of auto parts and motorcycles to 2016 accounted for 8% of total sales of members of the Joint Industrial Tool and Motor Car (GIAMM). Export parts of Indonesia in 2017 is targeted to be accounted for 9% of total sales after the opening of new destinations, the African region.
*PT Bank Central Asia Tbk (BBCA, Rp15.450, NEUTRAL, TP Rp15.150) launched a venture company named PT Central Capital Ventura (CCV). CCV stand on January 25, 2017 with a paid up capital of Rp 200 billion. The bank also plans to open 40 new branches, which fell the addition of 2016 increased 60 branches. The addition of branch offices mostly in the form of cash to the investment cost for a new branch office recorded between 1 billion-2 billion. This year, BBCA will apply for permission to open a branch office digital.
*Ferronickel production of PT Aneka Tambang Tbk (ANTM, Rp805, NEUTRAL, TP 500) grew by 18% during 2016, or equivalent to 20 293 tonnes of nickel (tonnes). While ferronickel sales volume stood at 20,888 tonnes, up 12% from sales in 2015 amounted to 18 643 tonnes. Besides nickel, ANTM will work to improve the growth of other major commodities, namely gold and bauxite.
*PT Nusa Raya Cipta Tbk (NRCA, Rp430) release its shareholding in PT Bhaskara Utama Sedaya (BUS) to PT Nusantara Astratel worth Rp223 billion. BUS is the owner of 45% stake in PT Lintas Marga Sedaya, toll road operator Cikopo palimanan (Cipali). NRCA has signed a conditional purchase agreement or PPJK with Astratel on January 26, 2017.
* Fitch Ratings lowered its outlook (outlook) debt rating PT Soechi Lines Tbk (SOCI, Rp304) to negative from stable earlier. At the same time, long-term debt ratings assigned back (affirmed) at B +.
*Fitch Ratings attractive long-term national rating of PT Garuda Indonesia Tbk (GIAA, Rp338) which is at BBB + (idn) and a stable outlook. Ranked withdrawn because Garuda chose to stop participating in the rating process.