Senin, 05 Maret 2018

Daily IHSG: 6.582 (-0,4%)

Technical Nilai perdagangan: Rp6,4T (-10,4%)

Transaksi asing: penjualan bersih Rp685,4M

PREDIKSI PASAR
Trading range: 6.575 – 6.600
Support 2 Support 1 IHSG Resistance 1 Resistance 2
6.550 6.575 6.582 6.600 6.625
 IHSG hari ini
diperkirakan akan
berfluktuasi dengan
kecenderungan
melemah.
 Masih bergerak di minor
sideways dan
berpeluang rebound
dari support MA20.
 RSI di level 52,4
sementara MACD
negatif divergence.
 52 week range: 5.577 –
6.693

SAHAM-SAHAM PILIHAN HARI INI

SCMA – 2.750 – Trading SELL
Support 2 Support 1 Harga Resistance 1 Resistance 2 TP FA BUY: 13 HOLD: 4 SELL: 1
2.600 2.660 2.750 2.790 2.880 Cons: TP: 2.772
 Sebaiknya jual jika
tidak mampu bertahan
diatas level 2.790
dengan level support di
2.660 – 2.600. Resist
berikutnya di level
2.880.
 Breakdown support MA5
dan berpeluang test
support MA50 disertai
volume.
 RSI di level 55,0
sementara MACD
berpeluang deathcross.
 52 week range: 1.935 –
3.010

Pengungkapan: Bahana Sekuritas melakukan dan mencari kerjasama dengan perusahaan yang tercakup dalam laporan penelitiannya. Investor 1
harus mempertimbangkan laporan ini hanya sebagai salah satu faktor dalam membuat keputusan investasi mereka.
Silakan lihat disclaimer informasi penting di belakang laporan ini.
 05 Maret 2018

ASII – 8.150 – Spec BUY

Support 2 Support 1 Harga Resistance 1 Resistance 2 TP FA BUY: 17 HOLD: 10 SELL: 3
8.100 8.125 8.150 8.250 8.400 Cons: TP: 8.947
 Boleh beli selama
bertahan diatas level
8.125 dengan level
jual di 8.250 – 8.400.
Cut loss jika tutup
dibawah level 8.100.
 Rebound dan
berpeluang test resist
MA100.
 RSI di level 45,9
sementara MACD
negatif divergence.
 52 week range: 7.625
– 9.350

KRAS – 510 – Spec BUY

Support 2 Support 1 Harga Resistance 1 Resistance 2 TP FA BUY: - HOLD: - SELL: -
495 505 510 535 545 Cons: TP: -
 Boleh beli selama
bertahan diatas level
505 dengan level jual
di 535 – 545. Cut loss
jika tutup dibawah
level 495.
 Berpeluang rebound
dari support MA20.
 RSI di level 52,8
sementara MACD
negatif divergence.
 52 week range: 334 –
690

PT. Bahana Sekuritas – Equity Research – Daily Technical Research 2

 05 Maret 2018

UNVR – 53.900 – Spec BUY

Support 2 Support 1 Harga Resistance 1 Resistance 2 TP FA BUY: 5 HOLD: 24 SELL: 3
53.000 53.600 53.900 54.650 55.300 Cons: TP: 52.105
 Boleh beli selama
bertahan diatas level
53.600 dengan level
jual di 54.650 –
55.300. Cut loss jika
tutup dibawah level
53.000.
 Berpeluang rebound
dan test resist MA20.
 RSI di level 45,5
sementara MACD
negatif divergence.
 52 week range:
43.400 – 58.100

WSKT – 2.950 – Spec BUY

Support 2 Support 1 Harga Resistance 1 Resistance 2 TP FA BUY: 20 HOLD: 7 SELL: -
2.800 2.900 2.950 3.060 3.200 Cons: TP: 3.222
 Boleh beli selama
bertahan diatas level
2.900 dengan level
jual di 3.060 – 3.200.
Cut loss jika tutup
dibawah level 2.800.
 Rebound dari support
MA20 disertai volume.
 RSI di level 59,4
sementara MACD
negatif divergence.
 52 week range: 1.775
– 3.150

PT. Bahana Sekuritas – Equity Research – Daily Technical Research 3

 05 Maret 2018

Analisa Teknikal
Company Code Market Cap (IDRbn) Turnover (IDRbn) 3M Avg Turnover (IDRbn) Recommendation Support 2 Support 1 Price Resistance 1 Resistance 2
Astra Agro Lestari AALI 28.678 31,74 26,58 Spec BUY 14.580 14.740 14.900 15.050 15.190
Ace Hardware Indonesia ACES 23.153 10,38 11,22 BUY On Weakness 1.320 1.330 1.350 1.360 1.370
Adhi Karya ADHI 8.510 29,39 45,61 BUY On Weakness 2.330 2.360 2.390 2.440 2.480
Adaro Energy ADRO 73.888 108,82 122,96 Spec BUY 2.230 2.270 2.310 2.370 2.430
AKR Corporindo AKRA 23.938 33,93 38,85 Spec BUY 5.790 5.880 5.975 6.090 6.200
Sumber Alfaria Trijaya AMRT 24.084 0,07 0,12 Trading SELL 560 570 580 590 600
Aneka Tambang ANTM 22.108 36,85 66,41 Spec BUY 900 910 920 930 940
Astra International ASII 329.941 128,37 239,42 Spec BUY 8.100 8.125 8.150 8.250 8.400
Alam Sutera Realty ASRI 7.781 7,33 13,27 Spec BUY 380 390 396 410 420
Adi Sarana Armada ASSA 917 0,41 0,16 BUY On Weakness 240 250 270 280 290
Anabatic Technologies ATIC 1.669 0,00 0,00 Spec BUY 720 800 890 940 980
Bank Central Asia BBCA 563.983 693,09 356,59 BUY On Weakness 22.540 22.700 22.875 23.090 23.300
Bank Bukopin BBKP 5.861 5,05 4,57 Spec BUY 610 620 645 660 680
Bank Negara Indonesia BBNI 177.628 157,53 209,44 Spec BUY 9.420 9.470 9.525 9.600 9.680
Bank Rakyat Indonesia BBRI 467.481 232,55 380,19 Spec BUY 3.720 3.750 3.790 3.810 3.830
Bank Tabungan Negara BBTN 39.924 82,15 68,08 Spec BUY 3.710 3.740 3.770 3.790 3.810
Bank Danamon BDMN 62.540 12,53 29,88 BUY On Weakness 6.440 6.480 6.525 6.590 6.650
Bekasi Fajar Industrial Estate BEST 2.933 5,58 8,06 Trading SELL 280 290 304 310 320
Blue Bird BIRD 8.007 0,22 1,12 Spec BUY 3.140 3.170 3.200 3.240 3.270
Bank BJB BJBR 22.205 23,93 24,41 Spec BUY 2.230 2.260 2.290 2.320 2.340
BPD Jatim BJTM 10.856 7,36 10,94 SELL On Strength 700 710 725 730 740
Bank Mandiri BMRI 395.500 207,14 301,18 Spec BUY 8.140 8.300 8.475 8.560 8.650
Global Mediacom BMTR 9.158 36,85 34,40 Spec BUY 600 620 645 660 670
Bank CIMB Niaga BNGA 33.551 5,74 7,54 Spec BUY 1.310 1.320 1.335 1.360 1.380
Bumi Serpong Damai BSDE 35.510 58,02 30,64 BUY On Weakness 1.780 1.810 1.845 1.870 1.890
Bank Tabungan Pensiunan Negara BTPN 20.383 3,26 5,03 BUY On Weakness 3.460 3.470 3.490 3.510 3.530
Charoen Pokphand CPIN 56.901 13,13 21,39 Spec BUY 3.390 3.430 3.470 3.530 3.580
Catur Sentosa Adiprana CSAP 1.945 - 0,29 Spec BUY 460 470 480 490 500
Ciputra Development CTRA 23.200 9,00 23,45 Spec BUY 1.220 1.230 1.250 1.280 1.310
Intiland Development DILD 3.607 1,12 2,91 Spec BUY 330 340 348 360 370
Puradelta Lestari DMAS 8.676 4,96 3,25 Spec BUY 160 170 180 190 200
Erajaya Swasembada ERAA 3.205 30,03 11,83 BUY On Weakness 990 1.040 1.105 1.140 1.180
XL Axiata EXCL 30.354 15,43 17,53 Spec BUY 2.780 2.810 2.840 2.880 2.910
Gudang Garam GGRM 153.927 61,52 54,56 BUY On Weakness 78.800 79.400 80.000 80.500 81.000
Garuda Indonesia GIAA 8.128 2,71 2,99 BUY On Weakness 300 310 314 320 330
Gajah Tunggal GJTL 2.718 15,95 14,04 BUY On Weakness 750 760 780 800 820
HM Sampoerna HMSP 558.327 64,43 83,92 Spec BUY 4.680 4.740 4.800 4.860 4.910
Indofood CBP Sukses Makmur ICBP 106.123 19,21 49,95 Spec BUY 8.930 9.010 9.100 9.150 9.190
Indomobil Sukses International IMAS 2.558 0,24 0,35 Trading SELL 890 910 925 960 990
Vale Indonesia INCO 31.299 61,99 38,71 Spec BUY 3.030 3.090 3.150 3.240 3.330
Indofood Sukses Makmur INDF 67.609 46,60 72,23 Spec BUY 7.610 7.650 7.700 7.760 7.820
Indocement Tunggal Prakasa INTP 78.962 23,26 34,17 Spec BUY 20.950 21.200 21.450 21.600 21.750
Indosat ISAT 29.479 0,44 4,93 BUY On Weakness 5.370 5.400 5.425 5.450 5.480
Indo Tambangraya Megah ITMG 32.401 73,23 35,63 Spec BUY 27.540 28.100 28.675 29.710 30.750
Japfa Comfeed Indonesia JPFA 18.257 13,61 8,01 BUY On Weakness 1.520 1.560 1.600 1.630 1.650
Jasa Marga JSMR 38.830 53,92 62,27 Spec BUY 5.200 5.270 5.350 5.430 5.500
Kawasan Industri Jababeka KIJA 5.789 1,32 2,34 Spec BUY 260 270 278 280 290
Kalbe Farma KLBF 75.938 34,35 38,47 Spec BUY 1.580 1.600 1.620 1.630 1.640
Krakatau Steel KRAS 9.867 4,62 13,42 Spec BUY 495 505 510 535 545
Source: Bahana

PT. Bahana Sekuritas – Equity Research – Daily Technical Research 4

 05 Maret 2018

Analisa Teknikal
Company Code Market Cap (IDRbn) Turnover (IDRbn) 3M Avg Turnover (IDRbn) Recommendation Support 2 Support 1 Price Resistance 1 Resistance 2
Link Net LINK 16.430 1,30 2,67 Spec BUY 5.330 5.360 5.400 5.450 5.490
Lippo Cikarang LPCK 2.366 3,74 3,70 Spec BUY 3.330 3.360 3.400 3.440 3.480
Lippo Karawaci LPKR 11.654 13,29 27,19 Spec BUY 490 500 505 520 530
Matahari Department Store LPPF 31.514 28,18 39,43 Spec BUY 10.600 10.700 10.800 11.000 11.200
PP London Sumatra Plantation LSIP 9.791 42,94 24,76 BUY On Weakness 1.380 1.410 1.435 1.480 1.520
Malindo Feedmill MAIN 1.612 0,39 0,77 Spec BUY 700 710 720 730 740
Mitra Adiperkasa MAPI 12.077 10,83 12,81 BUY On Weakness 7.150 7.210 7.275 7.370 7.460
Medco Energi International MEDC 25.884 55,22 84,19 Spec BUY 1.400 1.430 1.460 1.500 1.530
Mitra Keluarga Karyasehat MIKA 30.702 13,06 11,73 Spec BUY 2.000 2.050 2.110 2.150 2.190
Media Nusantara Citra MNCN 21.985 21,10 30,74 BUY On Weakness 1.490 1.510 1.540 1.560 1.570
Mitra Pinasthika Mustika MPMX 3.794 0,23 0,52 Trading SELL 830 840 850 860 870
Matahari Putra Prima MPPA 2.377 0,91 2,07 Spec BUY 420 430 442 460 470
MNC Sky Vision MSKY 5.944 0,00 0,04 Spec BUY 770 780 795 800 810
Mayora Indah MYOR 53.661 0,62 2,78 Spec BUY 2.320 2.360 2.400 2.480 2.560
Perusahaan Gas Negara PGAS 63.028 185,59 285,17 Spec BUY 2.540 2.570 2.600 2.630 2.650
Bank Pan Indonesia PNBN 30.953 7,24 5,25 Spec BUY 1.250 1.270 1.285 1.310 1.320
PP Properti PPRO 11.614 2,58 7,97 Spec BUY 170 180 186 190 200
Tambang Batubara Bukit Asam PTBA 35.368 65,08 92,21 Spec BUY 3.000 3.030 3.070 3.130 3.190
Pembangunan Perumahan PTPP 19.344 16,44 50,84 Spec BUY 3.080 3.100 3.120 3.150 3.170
Pakuwon Jati PWON 32.267 16,91 13,41 SELL On Strength 640 650 670 700 720
Ramayana Lestari Sentosa RALS 8.976 7,94 9,92 Spec BUY 1.180 1.220 1.265 1.320 1.380
Nippon Indosari Corpindo ROTI 7.578 0,08 1,42 Spec BUY 1.200 1.210 1.225 1.250 1.270
Surya Citra Media SCMA 40.209 16,57 33,91 Trading SELL 2.600 2.660 2.750 2.790 2.880
Sido Muncul SIDO 10.275 0,68 4,04 Spec BUY 670 680 685 690 700
Siloam International Hospital SILO 13.413 3,38 4,59 Spec BUY 8.000 8.120 8.250 8.430 8.600
Semen Baturaja SMBR 32.653 0,99 8,61 Spec BUY 3.220 3.250 3.290 3.340 3.390
Holcim Indonesia SMCB 6.475 0,04 0,68 SELL On Strength 830 840 845 860 870
Semen Indonesia SMGR 65.098 38,17 56,42 BUY On Weakness 10.790 10.880 10.975 11.090 11.200
Summarecon Agung SMRA 15.004 9,51 27,59 BUY On Weakness 1.010 1.020 1.040 1.070 1.100
Sri Rejeki Isman SRIL 6.954 76,72 79,67 Trading SELL 320 330 340 350 360
Surya Semesta Internusa SSIA 2.823 7,98 15,86 Spec BUY 580 590 600 610 620
Express Transindo Utama TAXI 114 1,17 0,77 Trading SELL 50 53 55 60
Tower Bersama Infrastructure TBIG 25.829 9,96 6,78 Spec BUY 5.480 5.590 5.700 5.770 5.840
Tunas Baru Lampung TBLA 6.544 1,14 2,75 Spec BUY 1.170 1.190 1.225 1.260 1.300
Tiphone Mobile Indonesia TELE 6.535 0,55 0,36 Trading SELL 870 880 895 910 920
Timah TINS 8.677 15,98 29,43 Spec BUY 1.130 1.150 1.165 1.180 1.190
Telekomunikasi Indonesia TLKM 410.256 249,07 369,62 Spec BUY 4.010 4.040 4.070 4.090 4.100
Total Bangun Persada TOTL 2.421 0,62 0,83 Spec BUY 680 690 710 730 750
Sarana Menara Nusantara TOWR 36.526 3,07 10,11 Spec BUY 3.560 3.570 3.580 3.600 3.620
Tempo Scan Pacific TSPC 7.335 0,05 0,23 Spec BUY 1.610 1.620 1.630 1.640 1.650
Tunas Ridean TURI 8.314 0,09 0,91 Spec BUY 1.470 1.480 1.490 1.500 1.510
United Tractors UNTR 133.166 141,41 136,05 Spec BUY 34.860 35.280 35.700 36.340 36.970
Unilever Indonesia UNVR 411.257 65,63 119,70 Spec BUY 53.000 53.600 53.900 54.650 55.300
Visi Media Asia VIVA 5.532 30,64 4,58 SELL On Strength 310 320 336 360 370
Wijaya Karya WIKA 17.043 30,34 77,38 Spec BUY 1.880 1.890 1.900 1.920 1.930
Integra Indocabinet WOOD 1.863 7,07 2,79 Spec BUY 280 290 298 310 320
Waskita Beton Precast WSBP 12.284 47,15 59,86 Spec BUY 450 460 466 480 490
Waskita Karya WSKT 40.043 139,96 81,19 Spec BUY 2.800 2.900 2.950 3.060 3.200
Wijaya Karya Beton WTON 4.881 5,48 15,87 BUY On Weakness 540 550 560 570 580
Source: Bahana

PT. Bahana Sekuritas – Equity Research – Daily Technical Research 5

 05 Maret 2018

Sektor Momentum

Code Index Name Level Change (%) YTD (%) Market Capitalization (IDRtn)
JCI JAKARTA COMPOSITE INDEX 6.582 -0,36 3,57 7.347,91
JAKFIN JAKARTA FINANCE INDEX 1.187 -0,11 4,01 2.200,81
JAKCONS JAKARTA CONSUMER GOODS INDEX 2.839 -0,09 -0,78 1.596,29
JAKINFR JAKARTA INFRASTRUCTURES, UTILITIES, & TRANSPORT INDEX 1.165 -0,18 -1,62 809,89
JAKTRAD JAKARTA TRADE, SERVICES, & INVESTMENT INDEX 941 -1,13 2,07 769,11
JAKBIND JAKARTA BASIC INDUSTRY & CHEMICAL INDEX 778 0,55 12,93 592,87
JAKMIND JAKARTA MISCELLANEOUS INDUSTRIES INDEX 1.362 0,74 -1,40 403,40
JAKPROP JAKARTA CONSTRUCTION, PROPERTY, & REAL ESTATE 535 -1,25 7,96 448,19
JAKMINE JAKARTA MINING INDEX 1.950 -2,68 22,31 417,44
JAKAGRI JAKARTA AGRICULTURAL INDEX 1.734 -1,30 7,31 109,91
Source: Bahana, Bloomberg

Jadwal Dividen
Code Type Amount Price Div Yield Cum Date Ex Date Rec Date Dist Date
BJTM Cash 44 725 6,07% 27-Feb-18 28-Feb-18 02-Mar-18 22-Mar-18
Source: Bahana, IDX

Jadwal Aksi Korporasi

Code Action Type Amount Ratio 1 Ratio 2 Cum Date Ex Date Rec Date Dist Date Maturity Date Status
LPCK Right Issue 3.800 10 30 14-Mar-18 15-Mar-18 19-Mar-18 21-Mar-18 29-Mar-18 Tentative
BPFI Right Issue 450 712 100 22-Mar-18 23-Mar-18 27-Mar-18 29-Mar-18 05-Apr-18 Tentative
RBMS Right Issue 216 19 69 22-Mar-18 23-Mar-18 27-Mar-18 29-Mar-18 05-Apr-18 Tentative
MLPL Right Issue 110 11 5 27-Mar-18 28-Mar-18 02-Apr-18 04-Apr-18 10-Apr-18 Tentative
MPPA Right Issue 410 11 4 02-Apr-18 03-Apr-18 05-Apr-18 09-Apr-18 17-Apr-18 Tentative
Source: Bahana, IDX

Jadwal IPO
Code Stock Name Price Number of Share % Share Offering Start Offering End Allotment Refund Listing Status
- Sky Energy - 203.256.000 20,00 15-Mar-18 21-Mar-18 23-Mar-18 27-Mar-18 28-Mar-18 Tentative
Source: Bahana, IDX

PT. Bahana Sekuritas – Equity Research – Daily Technical Research 6

 05 Maret 2018

Glossary
Spec BUY Beli setelah konfirmasi penguatan
Trading SELL Jual setelah konfirmasi pelemahan
BUY on Weakness Beli saat terjadi pelemahan / beli pada harga support
SELL on Strength Jual saat terjadi penguatan / jual pada harga resistance
Golden Cross Sinyal dalam indikator untuk melakukan pembelian
Death Cross Sinyal dalam indikator untuk melakukan penjualan
Overbought Suatu area dimana kekuatan beli < kekuatan jual, biasa terjadi koreksi
Oversold Suatu area dimana kekuatan beli > kekuatan jual, biasa terjadi rebound
Suatu keadaan dimana kepercayaan investor meningkat sehingga terjadi peningkatan pembelian dalam
Bullish
mengantisipasi kenaikan harga di masa mendatang
Suatu keadaan dimana kepercayaan investor berubah menjadi rasa takut dan pesimisme sehingga pasar
Bearish
mengalami penurunan dalam suatu periode
Resistance Suatu level harga dimana investor cenderung untuk mengambil keuntungan
Support Suatu level harga dimana investor cenderung untuk melakukan pembelian
Profit taking Penjualan saham untuk mengambil keuntungan
Konvergen Suatu keadaan dimana harga dan indikator bergerak kearah yang sama
Divergen Suatu keadaan dimana harga mengalami penguatan/pelemahan tapi indikator bergerak ke arah yang berbeda
Merupakan salah satu indikator dalam analisa teknikal yang membandingkan harga penutupan dengan
pergerakan harga dalam suatu periode tertentu, terdapat 2 garis yaitu 80% yang menunjukan area
Stochastic
overbought dan garis 20% yang menunjukan area oversold, BUY pada saat terjadi golden cross dan SELL
pada saat terjadi death cross
Relative Strength Index salah satu indikator dalam analisa teknikal, mempunyai 2 area yaitu diatas 50% yang
RSI merupakan area bullish dan dibawah 50% yang merupakan area bearish dan juga terdapat 2 garis yakni di
level 70% yang menunjukan area overbougth dan dibawah 30% yang menunjukan area oversold
Moving Average Convergence Divergence merupakan salah satu trend following indicator dalam analisa
MACD
teknikal yang menggunakan 2 garis Exponential Moving Average (EMA)
Indikator dalam analisa teknikal yang digunakan dalam menggambarkan pergerakan harga (chart) dalam
Candlestick
bentuk menyerupai lilin (candle). Satu candle menunjukkan satu periode yang terdiri dari body dan shadow
Open Harga pembukaan (open price), ditunjukkan pada ujung body
Close Harga penutupan (close price), ditunjukkan pada ujung body
High Harga tertinggi (highest price), ditunjukkan pada ujung upper shadow
Low Harga terendah (lowest price), ditunjukkan pada ujung lower shadow
Bright Colour Body Body candle berwarna hijau/biru/putih menunjukkan harga naik (close > open)
Dark Colour Body Body candle berwarna merah/hitam menunjukkan harga turun (open > close)

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PT. Bahana Sekuritas – Equity Research – Daily Technical Research 8

Associates of Daiwa India, registered with Indian regulators, include Daiwa Capital Markets Singapore Limited and Daiwa Portfolio Advisory (India) Private
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Investment Banking Relationships

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DCMA Market Making

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For updates on “Research Analyst Certification” and “Rating System” please visit BlueMatrix disclosure link at
https://daiwa3.bluematrix.com/sellside/Disclosures.action. The views about any and all of the subject securities and issuers expressed in this Research
Report accurately reflect the personal views of the research analyst(s) primarily responsible for this report (or the views of the firm producing the report if no

PT. Bahana Sekuritas – Equity Research – Daily Technical Research 9

individual analyst is named on the report); and no part of the compensation of such analyst (or no part of the compensation of the firm if no individual
analyst is named on the report) was, is, or will be directly or indirectly related to the specific recommendations or views contained in this Research Report.
For stocks and sectors in Indonesia covered by Bahana Sekuritas, the following rating system is in effect:
Stock ratings are based on absolute upside or downside, which is the difference between the target price and the current market price. Unless otherwise
specified, these ratings are set with a 12-month horizon. It is possible that future price volatility may cause a temporary mismatch between upside/downside
for a stock based on the market price and the formal rating.
"Buy": the price of the security is expected to increase by 10% or more.
"Hold": the price of the security is expected to range from an increase of less than 10% to a decline of less than 5%.
"Reduce": the price of the security is expected to decline by 5% or more.
Sector ratings are based on fundamentals for the sector as a whole. Hence, a sector may be rated “Overweight” even though its constituent stocks are all
rated “Reduce”; and a sector may be rated “Underweight” even though its constituent stocks are all rated “Buy”.
“Overweight”: positive fundamentals for the sector.
“Neutral”: neither positive nor negative fundamentals for the sector.
“Underweight”: negative fundamentals for the sector.
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Investment Banking Relationships
For “Investment Banking Relationship”, please visit BlueMatrix disclosure Link at https://daiwa3.bluematrix.com/sellside/Disclosures.action .

Relevant Relationships (Bahana Sekuritas)

Bahana Sekuritas may from time to time have an individual employed by or associated with it serves as an officer of any of th e companies under its research
coverage.
Bahana Sekuritas market making
Bahana Sekuritas may from time to time make a market in securities covered by this research.
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PT. Bahana Sekuritas – Equity Research – Daily Technical Research 10