Memperhatikan aksi harga dan akselarasi volume serta broker yg memfasilitasi 
transaksi beberapa hari terakhir setelah pullback, saya rada sepakat dengan 
positif01, pergerakan MAPI kembali menunjukkan geliat panas untuk ditarik naik.
 
Beberapa minggu terakhir, yang paling getol akumulasi adalah UOB KayHian yg tdk 
terdeteksi keluar pasca akumulasi/selama pullback, dan akumulasi oleh CIMB yang 
tercatat memberikan rekomendasi beli dg TP 3400 selama pullback minggu lalu. 
 
Kl melihat profil dan tendensi arah akumulasi dari kedua broker fasilitator di 
atas sih, besar kemungkinan memang ada akumulasi institusional serius. Besar 
kemungkinan juga, dg kata lain, penumpang gelap sdh pada diturunkan di jalan 
slama pullback bbrp hari lalu, dan bandar kembali masuk/main.

--- Pada Jum, 15/4/11, positif01 <[email protected]> menulis:


Dari: positif01 <[email protected]>
Judul: [saham] cimb Re: explained Re: MAPI code
Kepada: 
Tanggal: Jumat, 15 April, 2011, 6:40 AM


  



There is no such an enjoyment other than beholding a long time-tested buying 
rule of 52 week high by Fidelity Investmet staying put into the action and 
resurfacing following a receding pressure.


More pleasure further noting one of recommending house such as CIMB (YU) 
practicing what they preach and picking up the steam on this MAPI 52 week-hi 
breakout. Keeping on accumulating since recent April 13 stages them back on the 
center of conviction on the stock whose target they had upgraded from the low 
Rp820 last year to the recent Rp3400.


Longing for what truth and strength of the 52-week high buying rule of Fidelity 
and O'Neil's CANSLIM will soon reveal for this stock as CIMB unleashed their 
revelation earlier:


Maintain Outperform with higher target price of Rp3,400 (from Rp800), following 
our earnings upgrade.
 
Our target is still DCF-based (WACC 12.7%) and implies 21x and 17x CY11-12 
P/Es. MAP’s share price has risen threefold in the last nine months. We had 
noted its budding turnaround in a report in Jun 10, and subsequent discussions 
with management suggest the sustainability of this turnaround, supported by a 
burgeoning middle class which is its primary target market.


We are raising our FY10-12 earnings estimates by 53-118%, factoring in a 
growing market, better margins and balance-sheet de-leveraging. We predict a 
20% earnings CAGR for the next three years against 11% in the past six years. 


'+'


On Thu, Apr 7, 2011 at 8:30 AM, positif01 <[email protected]> wrote:

Below:


On Wed, Apr 6, 2011 at 3:51 PM, positif01 <[email protected]> wrote:

big play code:


52 / ath / lv mh / 4k


'+'


1) 52-week high
close (April 06, 2011) > 52-week high close (October 21, 2010) for a period of 
6 months breakout;
how signficant is the breakout?


2) close (April 06, 2011) = all time high = no long-term overhead resistance


relevant trading/investing rule:


a) The 52-Week High Breakout Strategy attempts to buy a stock when the current 
day’s closing price reaches a 52-week high. (Fidelity Investments);


b) William O'Neil:
"Once a general market decline is definitely over, the first stocks that bounce 
back to new price highs [for significant period of breakout, +] are almost 
always your authentic leaders. These chart breakouts continue week by week for 
about 13 weeks. The best ones usually come out in the first three or four 
weeks. This is the ideal period to buy stocks...you absolutely don't want to 
miss it." (Finding New Leaders during Market Corrections in "How to Make Money 
in Stocks", 4th ed., p. 190)


3) valuation - lv mh
expensive?...only if none or very few are left to buy. In MAPI case, check 
recent foreign net buying and accumulation activities. Who knows what? 
Sophisticated buyer? 


4) target price
pause looking at all ratios generated based on the past, start gazing into the 
going concern and the future. check all planned capex to justify projected 
earnings of all key future ratios. not clear enough, find out why there are 
still sophisticated buyers outside waiting for the ride, see number 3)


'+'  






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