The JCI July 6, 2021
๐๐ฎ๐ฅ๐ฒ ๐, ๐๐๐๐
* ๐๐ก๐ ๐๐๐ ๐ญ๐ซ๐๐๐ข๐ง๐ ๐ซ๐๐ง๐ ๐: ๐,๐๐๐๐ฉ๐ญ – ๐,๐๐๐๐ฉ๐ญ (๐๐๐ฌ๐ญ๐๐ซ๐๐๐ฒ ๐๐ฅ๐จ๐ฌ๐: ๐,๐๐๐๐ฉ๐ญ)
* ๐๐๐ฅ๐ฅ ๐๐ญ๐ซ๐๐๐ญ ๐ฐ๐๐ฌ ๐จ๐ง ๐ฉ๐ฎ๐๐ฅ๐ข๐ ๐ก๐จ๐ฅ๐ข๐๐๐ฒ ๐ฒ๐๐ฌ๐ญ๐๐ซ๐๐๐ฒ, ๐ฐ๐ก๐ข๐ฅ๐ ๐ ๐ฎ๐ญ๐ฎ๐ซ๐๐ฌ ๐ข๐ง๐๐ข๐๐๐ฌ ๐จ๐ฉ๐๐ง๐๐ ๐๐ฅ๐๐ญ ๐ญ๐ก๐ข๐ฌ ๐ฆ๐จ๐ซ๐ง๐ข๐ง๐
* ๐๐ก๐ ๐๐๐ ๐ข๐ฌ ๐๐ฑ๐ฉ๐๐๐ญ๐๐ ๐ญ๐จ ๐๐ฅ๐ฎ๐๐ญ๐ฎ๐๐ญ๐ ๐๐ง๐ ๐๐ ๐ฌ๐ฎ๐ฉ๐ฉ๐จ๐ซ๐ญ๐๐ ๐๐ฒ ๐ฌ๐ญ๐๐๐ฅ๐ ๐๐๐๐๐๐ ๐๐ง๐ ๐จ๐ข๐ฅ-๐๐ฅ๐จ๐ฌ๐
Morning,
The Jakarta Composite Index (JCI) today (7/6) is expected to be in the range of 5,950pt โ 6,100pt ย ย to gain edge within the sideways also on bargain huntersโ support.ย Unlike major leading countries, Indonesia and several others in Asia is now battling the second wave of COVID-19 virus pandemy. This poses challenge to stakeholders at all platforms in the country , as the latest reading of new cases in the capital city Jakarta, at 42.4% (7/4), still within its record peak of 43.4% the day before.
๐ ๐๐ ๐ ๐จ๐จ๐ ๐๐๐ฃ๐๐ก๐ญ๐๐ซ๐ (๐๐๐๐)
After 2 (two) years of suspension, shares of AISA_now FKS Food Sejahtera, resume trading on August 31 last year. Against our operating loss estimate for the FY2020 (please seeย Market Review of today last year), AISA booked an operating and net profit of IDR2.1tr and IDR1.2tr, respectively. The positive performances mainly due to the post of Other Income of IDR2.4tr, while gross profit recorded a sum of IDR318bn in 2020. During the 1Q21, AISA recorded decent operating profit of IDR4.8bn (vs. IDR35.9bn in 1Q20). Last year, AISA did private placement and reduced significant balance of debt, the restructuring of which have been part of the obligation for the company to have been able to start trading.
At the other end, yesterdayย ย the WTI price closed higher by 1.6% to USD76.3/barrel or the highest since October 2018, mainly on the news that OPEC and its allies, again failed to reach agreement on production policy for August and beyond during yesterdayโs meeting. The issue is expected to be resolved during the next OPEC+ meeting, the time of which has not yet been decided. ย Meanwhile, the USDIDR ย closed ย at IDR14,482 vs. IDR14,564 the previous one.
We advise the following recommendations, for both trading and longer-time investment purpose. ๐๐๐๐, ๐๐๐๐ (๐ฌ๐๐๐ญ๐จ๐ซ ๐จ๐ ๐๐จ๐ณ๐ช, ๐๐ฅ๐ฅ๐จ๐๐๐ญ๐ข๐จ๐ง ๐ฌ๐ฎ๐ ๐ ๐๐ฌ๐ญ๐ข๐จ๐ง ๐๐ฏ๐ฅ๐ฆ๐ณ๐ธ๐ฆ๐ช๐จ๐ฉ๐ต ), ๐๐๐๐, ๐๐๐๐, ๐๐๐๐, ๐๐๐๐ (๐ฌ๐๐๐ญ๐จ๐ซ ๐จ๐ ๐๐ฐ๐ข๐ญ ๐๐ช๐ฏ๐ช๐ฏ๐จ, ๐๐ฅ๐ฅ๐จ๐๐๐ญ๐ข๐จ๐ง ๐ฌ๐ฎ๐ ๐ ๐๐ฌ๐ญ๐ข๐จ๐ง ๐๐ข๐ณ๐ฌ๐ฆ๐ต-๐ธ๐ฆ๐ช๐จ๐ฉ๐ต), ๐๐๐๐, ๐๐๐๐, ๐๐๐๐, ๐๐๐๐ (๐ฌ๐๐๐ญ๐จ๐ซ ๐จ๐ ๐๐ฐ๐ฏ๐ด๐ถ๐ฎ๐ฆ๐ณ, ๐๐ฅ๐ฅ๐จ๐๐๐ญ๐ข๐จ๐ง ๐ฌ๐ฎ๐ ๐ ๐๐ฌ๐ญ๐ข๐จ๐ง ๐๐ท๐ฆ๐ณ๐ธ๐ฆ๐ช๐จ๐ฉ๐ต ), ๐๐ง๐ ๐๐๐๐, ๐๐๐๐, ๐๐๐๐,๐๐๐๐ (๐ฌ๐๐๐ญ๐จ๐ซ ๐จ๐ ๐๐ณ๐ข๐ฅ๐ฆ, ๐๐ฅ๐ฅ๐จ๐๐๐ญ๐ข๐จ๐ง ๐ฌ๐ฎ๐ ๐ ๐๐ฌ๐ญ๐ข๐จ๐ง ๐๐ท๐ฆ๐ณ๐ธ๐ฆ๐ช๐จ๐ฉ๐ต),๐๐ง๐ ๐๐๐๐ (๐ฌ๐๐๐ญ๐จ๐ซ ๐จ๐ ๐๐ข๐ด๐ช๐ค ๐๐ฏ๐ฅ๐ถ๐ด๐ต๐ณ๐บ, ๐๐ฅ๐ฅ๐จ๐๐๐ญ๐ข๐จ๐ง ๐ฌ๐ฎ๐ ๐ ๐๐ฌ๐ญ๐ข๐จ๐ง ๐๐ข๐ณ๐ฌ๐ฆ๐ต-๐ธ๐ฆ๐ช๐จ๐ฉ๐ต).
Cheers,