The JCI July 6, 2021

๐‰๐ฎ๐ฅ๐ฒ ๐Ÿ”, ๐Ÿ๐ŸŽ๐Ÿ๐Ÿ

 

* ๐“๐ก๐ž ๐‰๐‚๐ˆ ๐ญ๐ซ๐š๐๐ข๐ง๐  ๐ซ๐š๐ง๐ ๐ž: ๐Ÿ“,๐Ÿ—๐Ÿ”๐ŸŽ๐ฉ๐ญ – ๐Ÿ”,๐Ÿ๐ŸŽ๐ŸŽ๐ฉ๐ญ (๐˜๐ž๐ฌ๐ญ๐ž๐ซ๐๐š๐ฒ ๐œ๐ฅ๐จ๐ฌ๐ž: ๐Ÿ”,๐ŸŽ๐ŸŽ๐Ÿ”๐ฉ๐ญ)

* ๐–๐š๐ฅ๐ฅ ๐’๐ญ๐ซ๐ž๐ž๐ญ ๐ฐ๐š๐ฌ ๐จ๐ง ๐ฉ๐ฎ๐›๐ฅ๐ข๐œ ๐ก๐จ๐ฅ๐ข๐๐š๐ฒ ๐ฒ๐ž๐ฌ๐ญ๐ž๐ซ๐๐š๐ฒ, ๐ฐ๐ก๐ข๐ฅ๐ž ๐…๐ฎ๐ญ๐ฎ๐ซ๐ž๐ฌ ๐ข๐ง๐๐ข๐œ๐ž๐ฌ ๐จ๐ฉ๐ž๐ง๐ž๐ ๐Ÿ๐ฅ๐š๐ญ ๐ญ๐ก๐ข๐ฌ ๐ฆ๐จ๐ซ๐ง๐ข๐ง๐ 

* ๐“๐ก๐ž ๐‰๐‚๐ˆ ๐ข๐ฌ ๐ž๐ฑ๐ฉ๐ž๐œ๐ญ๐ž๐ ๐ญ๐จ ๐Ÿ๐ฅ๐ฎ๐œ๐ญ๐ฎ๐š๐ญ๐ž ๐š๐ง๐ ๐›๐ž ๐ฌ๐ฎ๐ฉ๐ฉ๐จ๐ซ๐ญ๐ž๐ ๐›๐ฒ ๐ฌ๐ญ๐š๐›๐ฅ๐ž ๐”๐’๐ƒ๐ˆ๐ƒ๐‘ ๐š๐ง๐ ๐จ๐ข๐ฅ-๐œ๐ฅ๐จ๐ฌ๐ž

 

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…๐Š๐’ ๐…๐จ๐จ๐ ๐’๐ž๐ฃ๐š๐ก๐ญ๐ž๐ซ๐š (๐€๐ˆ๐’๐€)

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 yesterdayโ€™s 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. ๐€๐€๐‹๐ˆ, ๐‹๐’๐ˆ๐ (๐ฌ๐ž๐œ๐ญ๐จ๐ซ ๐จ๐Ÿ ๐˜ˆ๐˜จ๐˜ณ๐˜ช, ๐š๐ฅ๐ฅ๐จ๐œ๐š๐ญ๐ข๐จ๐ง ๐ฌ๐ฎ๐ ๐ ๐ž๐ฌ๐ญ๐ข๐จ๐ง ๐˜œ๐˜ฏ๐˜ฅ๐˜ฆ๐˜ณ๐˜ธ๐˜ฆ๐˜ช๐˜จ๐˜ฉ๐˜ต ), ๐”๐๐“๐‘, ๐ˆ๐“๐Œ๐†, ๐€๐ƒ๐‘๐Ž, ๐๐“๐๐€ (๐ฌ๐ž๐œ๐ญ๐จ๐ซ ๐จ๐Ÿ ๐˜Š๐˜ฐ๐˜ข๐˜ญ ๐˜”๐˜ช๐˜ฏ๐˜ช๐˜ฏ๐˜จ, ๐š๐ฅ๐ฅ๐จ๐œ๐š๐ญ๐ข๐จ๐ง ๐ฌ๐ฎ๐ ๐ ๐ž๐ฌ๐ญ๐ข๐จ๐ง ๐˜”๐˜ข๐˜ณ๐˜ฌ๐˜ฆ๐˜ต-๐˜ธ๐˜ฆ๐˜ช๐˜จ๐˜ฉ๐˜ต), ๐’๐ˆ๐ƒ๐Ž, ๐”๐‹๐“๐‰, ๐”๐๐•๐‘, ๐ˆ๐‚๐๐ (๐ฌ๐ž๐œ๐ญ๐จ๐ซ ๐จ๐Ÿ ๐˜Š๐˜ฐ๐˜ฏ๐˜ด๐˜ถ๐˜ฎ๐˜ฆ๐˜ณ, ๐š๐ฅ๐ฅ๐จ๐œ๐š๐ญ๐ข๐จ๐ง ๐ฌ๐ฎ๐ ๐ ๐ž๐ฌ๐ญ๐ข๐จ๐ง ๐˜–๐˜ท๐˜ฆ๐˜ณ๐˜ธ๐˜ฆ๐˜ช๐˜จ๐˜ฉ๐˜ต ), ๐š๐ง๐ ๐€๐‚๐„๐’, ๐’๐‚๐Œ๐€, ๐Œ๐€๐๐ˆ,๐Œ๐๐‚๐ (๐ฌ๐ž๐œ๐ญ๐จ๐ซ ๐จ๐Ÿ ๐˜›๐˜ณ๐˜ข๐˜ฅ๐˜ฆ, ๐š๐ฅ๐ฅ๐จ๐œ๐š๐ญ๐ข๐จ๐ง ๐ฌ๐ฎ๐ ๐ ๐ž๐ฌ๐ญ๐ข๐จ๐ง ๐˜–๐˜ท๐˜ฆ๐˜ณ๐˜ธ๐˜ฆ๐˜ช๐˜จ๐˜ฉ๐˜ต),๐š๐ง๐ ๐“๐Š๐ˆ๐Œ (๐ฌ๐ž๐œ๐ญ๐จ๐ซ ๐จ๐Ÿ ๐˜‰๐˜ข๐˜ด๐˜ช๐˜ค ๐˜๐˜ฏ๐˜ฅ๐˜ถ๐˜ด๐˜ต๐˜ณ๐˜บ, ๐š๐ฅ๐ฅ๐จ๐œ๐š๐ญ๐ข๐จ๐ง ๐ฌ๐ฎ๐ ๐ ๐ž๐ฌ๐ญ๐ข๐จ๐ง ๐˜”๐˜ข๐˜ณ๐˜ฌ๐˜ฆ๐˜ต-๐˜ธ๐˜ฆ๐˜ช๐˜จ๐˜ฉ๐˜ต).

 

Cheers,

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