Saya kurang ngerti.
Kalau harga market masih di 2150an, kenapa mereka mau beli di 2650 ya?


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-----Original Message-----
From: simon bolenang <[email protected]>
Sender: [email protected]
Date: Mon, 25 Oct 2010 11:37:23 
To: saham yahoogroups<[email protected]>
Reply-To: [email protected]
Subject: [saham] GJTL Micheliln plans to increase its strake



GJTL: 1,980-2,400. There has been news that Michelin plans to 
increase its stake in GJTL to 25% from 10% at present. The stake buy may be 
executed at IDR2,650 or at a pbv ratio of 3.0 times. It is now trading at a p/e 
ratio of only 8.4 times its 2010 earnings and 5.9 times 2011 prospective 
earnings, far bellow its Asian industrial peers of 12.8 times. My 12-month 
target remains at IDR4,500. Best buy is on any weaknesses or below 
IDR2,050.




      


      

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