Search result for: "INTP"

A number of Indonesia’s companies shares entered into FTSE (Financial Times Stock Exchange) Global Equity Index Series Asia Pacific ex Japan Regional Index. The shares are Pabrik Kertas Tjiwi Kimia, Tbk (TKIM IJ), Totalindo Eka Persada, Tbk (TOPS IJ), Trada Alam Minera, Tbk (TRAM IJ), Indah Kiat Pulp & Paper, Tbk (INKP IJ), Indofood Sukses.

Semen Indonesia, Tbk (SMGR:IJ) projects 5%-7% increase in total domestic cement sales in FY18, slower than 7.8% YoY growth achieved in 11M17. The forecast is based on expected demand for cement from the government’s multiyear infrastructure projects,.

PT Indocement Tunggal Prakarsa, Tbk (INTP IJ) still have to try hard to win the competition of cement sales in West Java. The entry of several new players with cheaper prices could be a negative catalyst that could halt the performance. For the record, the average sales price or the average selling price (ASP) the.

PT Indocement Tunggal Prakarsa, Tbk (INTP IJ), the second largest cement producer in Indonesia after Semen Gresik Group, released the new slag cement product under the brand TR Superslag Cement. Main material is slag, made this Indocement’s new product is an environmental friendly cement product. According to company’s information, the current condition of cement market.

Indocement Tunggal Prakarsa (INTP IJ, BUY, TP: IDR26,000) intends to increase production capacity by planning to build two green field factories that will have production capacity of 1.5 – 2.5mn tonnes per annum. The investment value will be USD225-500mn per factory and it will be build in Pati, Central Java on 2016 and Langkat, North.

SMGR reported robust FY13 sales while its market share rose to 43.9% in Dec 2013 vs Dec 2012’s 40.9%. However, FY14F earnings growth may be slower than originally estimated due to higher electricity costs. As we foresee a time lag between the increasing input cost and a hike in its selling prices, we cut our.

While we are still cautious on Indonesia’s short-term equity market outlook owing to economic and political uncertainties, we are of the view that its long-term fundamentals are intact. We foresee 2014 GDP growth dipping to 5.4% while Bank Indonesia (BI) may have to raise the BI rate to 7.75-8.25%. As short-term macroeconomic fundamentals are weak,.

Catering to Jakarta demand Given its huge unutilized capacity, INTP is in a good position to reap the most benefit from increasing cement demand. Most of its plants are located in Citeureup in West Java, which is close to Jakarta. The Jakarta government has plans to carry out massive infrastructure projects, and has started constructing.