Early on in 2012 Indonesia finds itself in the unusual position as a laggard
to regional indices. While some of this underperformance is rotational, a
number of regulatory overhangs, a polarising central bank and renewed
inflation risk has weighed on the index and provided an excuse for profittaking.
Yet the renaissance in investment and FDI continues unabated.
We recommend being overweight the ‘supply side’ of the Indonesian
economy: cement, property/industrial land and infrastructure.
Jumat, 24 Februari 2012
Indonesia Strategy, Fuel Price Hike? Positive for Equity, Negative for Bond Markets, Citi
The government may increase the subsidized fuel price; Every Rp1,000/litre will
save Rp38trn ($4.5bn) in government’s budget — The Energy and Mineral Minister
said that the government is considering raising the price of subsidized fuel (for
everyone including 2W and public transportation) by up to Rp1,500/litre from Rp4,500
to Rp6,000/litre. The earlier plan to prohibit subsidized fuel consumption by private car
users appears to have been sidelined, but the decision to increase fuel prices will
require parliamentary approval (while the approval for rationing was already at hand).
save Rp38trn ($4.5bn) in government’s budget — The Energy and Mineral Minister
said that the government is considering raising the price of subsidized fuel (for
everyone including 2W and public transportation) by up to Rp1,500/litre from Rp4,500
to Rp6,000/litre. The earlier plan to prohibit subsidized fuel consumption by private car
users appears to have been sidelined, but the decision to increase fuel prices will
require parliamentary approval (while the approval for rationing was already at hand).
Saham Pilihan Jumat, 24 Februari 2012
ENRG : MACD berpeluang golden cross
didukung oleh histogram yang cukup prospektif dengan volume yang terus
meningkat membuka peluang penguatan lanjutan.
Support : S1 191
S2 185
Resisten : R1 196
R2 205
Langganan:
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