taken from bloomberg.com maybe this will hit ANTM badly June 13 (Bloomberg) -- Palladium had its biggest drop in two years, gold fell below $600 an ounce for the first time in almost two months and copper dropped on speculation rising global interest rates will curb economic growth and demand.
Federal Reserve Bank of Cleveland President Sandra Pianalto said yesterday inflation exceeded her ``comfort level,'' raising the prospect the U.S. Federal Reserve will lift rates when it meets June 29. Inflation in the U.K. reached a seven-month-high in May, a government report showed today. Billionaire investor George Soros said yesterday the rout in commodities isn't over. ``The financial-market bubble, on top of the underlying trend the past few months, has burst,'' said Sean Corrigan, the chief investment strategist with Lausanne-based Diapason Commodities Management SA, which overseas about $5 billion in assets. ``Central banks are raising rates.'' Palladium for immediately delivery tumbled $31, or 10 percent, to $280 an ounce at 2:40 p.m. London time. A close at that price would mark the biggest percentage decline since June 2004. ``Commodities probably are in for a period of correction,'' Soros told financial news network CNBC yesterday. ``We are in a situation where all asset classes are under pressure because of a reduction in liquidity.'' Industrial metals have tumbled from records this year, and gold and silver have slumped in the past month from the highest prices since the early 1980s period amid growing speculation higher borrowing costs will stifle a five-year rally in commodities. Copper, Gold Copper for delivery in three months fell $259, or 3.7 percent, to $6,781 a metric ton on the London Metal Exchange. Prices earlier touched $6,600, the lowest since April 21. The metal reached a record $8,800 on May 11. Before today, prices had gained 60 percent in the past year. Gold futures for August delivery tumbled $20.90, or 3.4 percent, to $590.40 an ounce on the Comex division of the New York Mercantile Exchange. On May 12, prices reached $732, the highest since January 1980. Shares of mining companies also fell. Anglo American Plc dropped 94 pence, or 4.8 percent, to 1,849 pence in London. BHP Billiton Ltd. fell 42.5 pence, or 4.5 percent, to 913 pence. Boliden AB, Scandinavia's only copper miner, slid 7.5 percent to 104.5 kronor. The European Central Bank raised its benchmark interest rate on June 8 for the third time in six months. South Korea raised its key rate the same day, followed by India and South Africa. At least four Fed officials said last week they're concerned about inflation. Bank of England U.K. consumer prices rose 2.2 percent from a year earlier after rising 2 percent in April, the Office for National Statistics said today, making it more likely the Bank of England will raise rates. ``Fears another interest rate rise by the U.S. Federal Reserve might slow economic growth and affect demand for raw materials such as base metals'' have deterred investors, Deutsche Bank AG analysts, led by London-based Peter Richardson, said in a report today. Metals markets ``have been pumped to such high levels, a correction was always inevitable,'' said Robin Bhar, a London-based analyst with UBS AG, Europe's biggest bank. The ``trigger'' has been ``concern about growth and inflation,'' he said. ``Momentum selling'' by investment funds has exacerbated the decline, he said. Speculators increased copper purchases earlier this year amid forecasts global demand will outstrip supply. Investment funds bought more commodities to gain returns unavailable from stocks and bonds. HSBC Holdings Plc estimated last month about $100 billion will be invested in commodity indexes by the end of 2006, compared with $10 billion at the end of 2003. On the LME, nickel fell $830, or 4.3 percent, to $18,300. Tin declined $175, or 2.2 percent, to $7,725. Aluminum declined $25, or 1 percent, to $2,475. Lead fell $20, or 2 percent, to $1,000. To contact the reporters on --- In obrolan-bandar@yahoogroups.com, "James Arifin" <[EMAIL PROTECTED]> wrote: > > Tunggu saja beritanya bulan Dec 2006 > > On 6/12/06, Halim Mintareja <[EMAIL PROTECTED]> wrote: > > > > info dari mana fuel cost ANTM bakalan turun 70%.. > > > > Ngak mungkin.. contohnya udah ada.. INCO. > > > > INCO tahun ini udah pakai PLTA yang notabene jauh lebih irit dari Coal > > Power.. Tapi masih aja kena effek oil. > > > > ----- Original Message ----- > > *From:* James Arifin <[EMAIL PROTECTED]> > > *To:* obrolan-bandar@yahoogroups.com > > *Sent:* Monday, June 12, 2006 1:15 PM > > *Subject:* Re: [obrolan-bandar] ANTM & PTBA > > > > > > > > Gimana dengan info bahwa fuel cost dari ANTM akan turun sebesar 70% mulai > > tahun 2007 onward, apa ini nggak berita baik .... jadi walaupun harga minyak > > naik lagi hingga 100$/bbl, ANTM sudah hedge fuel costnya. > > > > Regards, > > > > > > On 6/12/06, Karno Edy <[EMAIL PROTECTED]> wrote: > > > > > > Nickel emang di atas 8 USD, tapi kenaikan harga minyak membebani > > > laba. Bandingkan Pak, belanja ke pertamina 2006 80 milyar vs 2005 40 > > > milyar. > > > Saya pikir eps dan deviden naik tapi ga akan lipat 2. > > > Oppenheimer saya lihat q12005 5%, q12006 10%.. > > > Kira-kira yg ngeshort 5000 ke 4000 ya dia juga & sampe sekarang belum > > > naik2. > > > Angin sejuk yg bikin tenang adalah prediksi GS : strong nickel price > > > 2007 & 2008 > > > > > > Kalo PTBA udah gak usah ngeliat sales/eps&angka-angka juga jelas : BUMN, > > > PLN, berita2, rencana pemerintah, dll, terlalu banyak sentimen positif yang > > > mempengaruhi harga sahamnya. > > > > > > > > > ----- Original Message ----- > > > *From:* EKA SUWANDANA <[EMAIL PROTECTED]> > > > *To:* obrolan-bandar@yahoogroups.com > > > *Sent:* Monday, June 12, 2006 12:14 PM > > > *Subject:* Re: [obrolan-bandar] ANTM & PTBA > > > > > > > > > > > > Saya stop avarege down ANTM. Mungkin kumpulin lagi bulan JULI 2006. > > > Dekat2 laporan 1st half. Saya yakin 1halfnya bagus soalnya Rupiah lagi jelek > > > (beda dgn q1 yg lagi bagus), trus nickel di atas 8 USD/lb. > > > Sekarang kita lihat volume transaksi saham antm sangat gembos! Trus saya > > > bandingkan pada financial statement 2004, Oppenheimer, ltd pegang 15% saham > > > ANTM. Financial Statement 2005 udah turun 10%. Yg 5 % mungkin utk ngeshort! > > > 10% itu berarti 1/3 saham ANTM di BEJ ada di tangan Oppenheimer. > > > > > > Kalo PTBA sih cepat atau lambat pasti naik, masak sih harga jualan ke > > > PLN nggak di naikin tahun depan. Cost trasnport nya saja sudah naik 40% utk > > > coal yg ke JAWA. Mana ada investor invest PLTU di SUMSEL kalo jualan ke PLN > > > segitu2 aja. > > > > > > > > > > > > *Karno Edy <[EMAIL PROTECTED]>* wrote: > > > > > > ANTM > > > Sebenernya harga logam dasar & nikel turun banyak. Nikel turun hampir 4 > > > %. > > > Tapi di BEJ hari ini naik ? > > > emang, kemaren aja waktu harga nikel naik, saham ANTM malah > > > nyebur...saat > > > ini faktor regional/global lebih kuat pengaruhnya. > > > Realistis aja harga nikel naik terlalu tajam, mungkin turun ke 7. Namun > > > average harga jual tahun ini naik >10%. Belum volume produksinya. > > > Waktu pasar turun PER pasti turun tapi harga sekarang ga bisa dibilang > > > kemahalan (EPS konsensus). > > > > > > PTBA > > > Banyak analis bilang ini saham banyak yang siap beli kalo murah. > > > Sudah murah, harga terus turun. > > > Yg beli pasti sudah banyak, tapi harga masih turun malah lebih besar > > > dari > > > turunnya index. > > > Saya sih tidak kuatir, kalo dibilang apa hubungannya Amerika inflasi > > > sama > > > saham ini ??? > > > Sentimen positif banyak, pemerintah/PLN mau buat pembangkit listrik. > > > Saya > > > yakin kalo ada asing cao, BOZZ nurunin, Bandar lagi iseng, pada akhirnya > > > > > > mereka akan kalah oleh pasar. > > > > > > > > > > > > > > > > > > > > > > > > Yahoo! Groups Links > > > > > > > > > > > > > > > > > > > > > > > > > > > > > ------------------------ Yahoo! Groups Sponsor --------------------~--> Home is just a click away. Make Yahoo! your home page now. http://us.click.yahoo.com/DHchtC/3FxNAA/yQLSAA/zMEolB/TM --------------------------------------------------------------------~-> Yahoo! Groups Links <*> To visit your group on the web, go to: http://groups.yahoo.com/group/obrolan-bandar/ <*> To unsubscribe from this group, send an email to: [EMAIL PROTECTED] <*> Your use of Yahoo! Groups is subject to: http://docs.yahoo.com/info/terms/
