Arsip: July 2018

Bank Negara Indonesia, Tbk (BBNI:IJ) lending has improved slightly compared to same period a year ago. The company maintains loan growth estimate at 13%-15% YoY in 2018, and seeks to adjust deposit rate, in line with recent hike of Bank Indonesia’s policy rate. Furthermore, following policy relaxation by Central Bank LTV, the company is ready.

Bank Bukopin, Tbk (BBKP:IJ) plans to hold right issue by issuing 2.73Bn new shares at IDR570/shares. The prospectus stated that the majority shareholder, Bosowa Corporation will not take part in the right issue while KB Kookmin Bank will act as standby buyer and should purchase 2.56Bn of new shares that translates to 22% stake in.

Perusahaan Gas Negara, Tbk (PGAS:IJ) has officially acquired 51% of Pertamina Gas (Pertagas)’s shares after signing conditional sales purchase agreement (CPSA) on June 29, 2018. According to Deputy of Mining Services Business, Strategy Industry, and Media, the valuation of this acquisition won’t be more than USD2.5Bn. However, the details of the transaction will be announced.

Indomobil Sukses International, Tbk (IMAS:IJ) has allocated IDR2Trn capital expenditure in FY18 from FY17 realization of IDR1.34Trn. In 1Q18, the company’s capital expenditure realization has reached IDR601Bn. Capital expenditure will be allocated for new marketing network development and existing network optimization. Furthermore, the company plans to produce new automotive products corresponding to customers needs and.

Aneka Gas Industri, Tbk (AGII:IJ) is targeting its sales to grow by 10%-15% YoY in FY18, compared to FY17 sales realization of IDR1.83Trn. This target was supported by additional facility of gas filling station and trend in market demand. By the end of the year, the company targets to add 10 gas filling stations to.

Gajah Tunggal, Tbk (GJTL:IJ) is planning to increase exports to several countries as rupiah depreciates. The company is confident to penetrate European market due to tax antidumping regulation form China. Moreover, according to the company, they plan to explore Africa markets as well as new market in Asia countries. Rating Upgrade for Japfa; Another Downgrade.

Indo-Rama Synthetics, Tbk (INDR:IJ) targets to increase its production capacity to 20% or equal to 55,000 tonnes/year until 2020. According to the management, the company’s factory utilization has already reached 100%, therefore the company needs to add polyester production capacity. The company plans to develop its factory through two phases, whereas it targets to finish.

Sumber Alfaria Trijaya, Tbk (AMRT:IJ) recorded 7% YoY growth in 2018 festive season. The company counts festive season for eleven weeks which ended two weeks after Lebaran. This festive growth through giving promotions related to homecoming ritual during Lebaran and various household promotions. Moreover, the company targets to book 10% YoY revenue growth in FY18,.