wait 390 - 410, and buy buy...............
On 8/4/07, James Arifin <[EMAIL PROTECTED]> wrote: > > Biasanya sih riset dikeluarkan dengan target tinggi ketika market lagi > mengalami koreksi dengan tujuan menciptakan demand. Hati2 saja, DOW > semalam tembus level 13200, kira2 ada saham yg kuat nahan nggak yah > hheeh > > On 8/2/07, Joe Grunk <[EMAIL PROTECTED]> wrote: > > > > > > > > > > > > > > > > Untuk penggemar Elty > > > > > > > > > > > > > > • Strong 1H07 results, in line: Bakrieland reported 1H07 net income of > Rp48 > > B; up 175.5% Y/Y. The reported result came in relatively in line with > > JPMorgan's and consensus estimates of > > Rp117 B (41%) and Rp114 B (42%), respectively. Operating profit also > grew > > strongly, up 228% Y/Y from Rp16.6 B in 1H06 to Rp54.5 B in 1H07. > > • 2Q07 net income grew by 123% Y/Y: Subtracting the 1Q07 results, 2Q07 > net > > income expanded by 123% Y/Y and 145% Q/Q. Operating profit also grew > > strongly by 169% Y/Y and 77% Q/Q. > > The low interest rate and project developments have accelerated the > revenue > > and profit growth during 1H07 and 2Q07. > > • Land acquisition visibility improves; upgrade PT to Rp630: In less > than a > > month, Bakrieland has managed to acquire 130 ha of land adjacent to its > > Bogor Nirwana residential project. With that, > > we believe the visibility of land acquisition has improved. We think > there > > is a higher probability now, say about 70%, that the targeted 500ha > > acquisition by June-08 can be achieved. Hence, we > > incorporate the potential 500ha acquisition in our valuation and raise > our > > June-08 PT to Rp630; implying 28.6% upside potential. > > • Maintain OW and raise PT to Rp630: With strong results recorded and > the > > better visibility of land acquisition, we maintain our OW rating on > > Bakrieland. Our new Jun-08 price target of > > Rp630 is derived from a combination of DCF and NAV methods. Risks are: > (1) > > an unexpected interest rate hike; (2) delay in Rasuna Epicentrum > project; > > and (3) delay in land acquisitions. > > > > ________________________________ > > Choose the right car based on your needs. Check out Yahoo! Autos new Car > > Finder tool. > > > > > > > > > > > > > DILARANG KERAS MEMOSTING OPINI PRIBADI TENTANG POLITIK DI MILIS INI. > Silahkan lakukan itu di milis [EMAIL PROTECTED] > > [EMAIL PROTECTED] untuk berhenti dari milis saham > [EMAIL PROTECTED] untuk bergabung ke milis saham > > Yahoo! Groups Links > > > >
