Bener Pak.. bukannya ini berita yang sudah kejadian dan sudah tersermin dalam harga sahamnya.
On 9/13/07, Edi Guntoro <[EMAIL PROTECTED]> wrote: > > Sell on [EMAIL PROTECTED]&* > > ----- Original Message ---- > From: Hong San Kiong <[EMAIL PROTECTED]> > To: [email protected] > Sent: Thursday, September 13, 2007 8:02:12 AM > Subject: Re: [saham] BUMI: Berita bagus bagi yg HOLD BUMI > > *Indonesian Coal Mining Shares Surge as China Exports Decline * > **By Michele Batchelor > > *Sept. 13 (Bloomberg)* -- Coal producers in Indonesia and Thailand are > booming, and so are their shares, as larger competitors in China turn from > exporting to supplying the domestic market. > > China became a net importer of coal for the first time this year. Japan > and South Korea also are turning to Jakarta-based PT Bumi Resources and > Thailand's Banpu Pcl, both with mines in Indonesia, the biggest source of > power-station coal. > > ``Coal is a very new sector and that's because of the structural change in > China,'' said Badung Tariono, who manages the $647 million ABN Amro Energy > Fund in Amsterdam and holds Bumi shares. ``If you believe in the China story > and demand for energy will grow in line with the economy, it's a > no-brainer.'' > > *While Bumi shares have more than tripled in value this year, investors > say there is plenty of room for further gains because they are still cheap. > Bumi, Asia's third-largest coal producer by sales, and rival Banpu, > Thailand's biggest coal miner, are valued at less than half the industry > average. * > > Analysts at UBS AG estimate the shift in the Chinese coal industry has > resulted in a loss of 25 million metric tons from the Asian market outside > the country. That's left Asian consumers short of 11 million tons, the Swiss > bank estimates. > > ``China's move towards net import status has occurred much faster than > expected,'' said Daniel Brebner, a London-based commodity analyst at UBS. > ``Chinese exports, which have been declining, are unlikely to reverse over > the next 12 months.'' > > Taking Orders > > *Bumi, whose stock has soared 219 percent this year to 2,875 rupiah, has > requests from Chinese buyers for 4 million tons for 2008, an increase of 83 > percent from 2007 orders, Peter Ball, vice president of marketing, said on > Aug. 14. It supplied 1 million tons of coal to China in 2006. * > > Banpu, which is up 65 percent this year to 300 baht, is planning an > initial public offering for its Indonesian unit to raise funds to expand. > Based in Bangkok, it has Chinese orders for 6 million tons for 2008, more > than twice what it can supply, said Philip Gasteen, head of marketing and > logistics Aug. 14. > > Those contracts aren't yet reflected in the companies' share prices, > investors argue. > > Bumi is valued at 12 times this year's estimated earnings, while Banpu > trades at a multiple of 14 times earnings. Singapore- listed Straits Asia > Resources Ltd., which plans to spend as much as $400 million buying mines to > double production in Indonesia, is trading at a ratio of 17 after doubling > in value this year. The shares are at S$1.35. > > `Bullish' > > They compare with the 30 times average current year estimated earnings for > 131 coal producers worldwide, according to data compiled by Bloomberg. > > The stocks ``have been looking bullish with China aggressively on the > rise,'' said Nimeesha Takalkar, an analyst at Bank Julius Baer & Co., which > manages $350 billion worldwide. There's a ``supply-side constraint, which > has automatically made the Indonesian coal more attractive,'' Takalkar said. > > > Thermal coal used for power generation accounted for 87 percent of world > coal usage in 2006. Coking coal, used in steel production, made up the rest, > according to the Australian Bureau of Agricultural and Resource Economics. > > Thermal coal is the fastest-growing energy source as rising oil prices > prompt users to switch fuels, the U.S. Energy Information Administration > said. Coal's share of total world energy may climb to 28 percent in 2030, > from 26 percent in 2004, the agency said in a May 22 report. > > Indonesia, Asia's third-largest coal producer, may increase output by 34 > percent within three years as Chinese exports drop, Credit Suisse Group said > in August. > > Following China > > One risk is that Indonesia, whose population of about 235 million is > roughly equal to Germany, France, the U.K. and Spain combined, might > follow China and cut shipments as new power generators increase domestic > demand. > > The government plans to add 20,000 megawatts of generating capacity, fired > by coal, by 2010. That will add as much as 70 million tons to domestic > demand annually, according to Indonesia's national coal association. > Indonesian utilities consumed 45 million tons of coal last year. > > ``Indonesia could add 15 million tons of coal to the Asian market this > year,'' said UBS analyst Brebner. ``However, it pales in comparison to the > 45 million tons or so added in 2006.'' > > Demand is demand, whether it comes from China, Indonesia or other Asian > markets, according to Elan Cohen, a Singapore-based portfolio manager at > JPMorgan Private Bank, who helps manage money for clients with at least $50 > million. > > *``A lot of our clients have been investing in Indonesian coal > companies,'' he said ``There's a big flow of capital going into the coal > mining areas'' in Indonesia. * > > `Better Story' > > What's more, the valuations of Bumi, Banpu and Straits Asia are also half > those for Chinese coal producers swept up in a rally that has more than > doubled the value of the nation's benchmark CSI 300 Index this year. That > makes those companies more attractive to buy, said Greg Kuhnert, who manages > about $1 billion in Asian equities, at Investec Asset Management in London. > > China Shenhua Energy Co., the nation's largest, is valued at 30 times this > year's estimated earnings, while China Coal Energy Co., the second biggest, > is at 34 times. > > *Bumi ``is a better story and looks cheaper than the Chinese ones,'' said > Kuhnert, who bought Bumi shares in recent months. * > > > On 9/13/07, David Paulus <[EMAIL PROTECTED]> wrote: > > > > Mending di 2925, tadi pagi open high di 3075 kirain bakal terbang > > lewatin resistance-nya di 3100 gara2 liat DOW ijo tebel malemnya, udah > > sengaja tuh gua pasang rendah di 3025, kalo dapet yah syukur sapa tau bisa > > membal eh malah beneran diguyur...sial untung cuman beli 5 lot aja, kasian > > tuh kalo yang beli banyak > > > > *diana_lorenna <[EMAIL PROTECTED]>* wrote: > > > > duh BUMI gw macet di 2925 nichh.. hikshiks... skrg 2875... doa doa bsk > > market ijo... >,< hei guys.. mo tanya ni.. BUMI bisa mental ke 3000 > > lagi ga yoo?? gw beli e kemahalan.. gw liat foreign pada guyur beli > > bumi.. gw ikut.. ehh sial mala nyungsep.. hahaha ^^ > > > > > > > > > > ------------------------------ > > Boardwalk for $500? In 2007? Ha! > > Play Monopoly Here and Now > > <http://us.rd.yahoo.com/evt=48223/*http://get.games.yahoo.com/proddesc?gamekey=monopolyherenow>(it's > > updated for today's economy) at Yahoo! Games. > > > > > > > > ------------------------------ > Take the Internet to Go: Yahoo!Go puts the Internet in your > pocket:<http://us.rd.yahoo.com/evt=48253/*http://mobile.yahoo.com/go?refer=1GNXIC>mail, > news, photos more. > > >
