Senin, 05 Maret 2012

AKR, Oil, Deregulation Tailwinds, CLSA

Fuel distributor and logistics play AKR is a direct beneficiary of higher fuel prices. The company’s 25% 3 year fuel volume CAGR is driven by unsubsidised fuel sales to industrial customers. AKR is in a prime position to benefit from an eventual end to fuel subsidies in Indonesia and its plans to enter coal logistics create value. Despite its small cap status, AKR has been recognised for its high corporate governance. On the back of these tailwinds we raise our target price to Rp5,000 and rec to BUY.

Saham PIlihan Senin, 5 Maret 2012


BSDE : Stochastic golden cross dan histogram mulai menghijau membuka peluang berlanjutnya penguatan.

Support    : S1  1.150    S2  1.130
Resisten   : R1  1.200    R2  1.250

Rekomendasi : Buy