Bukannya kompor BUMI pegangannya di loe ? :D
2011/8/11 God of War <[email protected]> > ** > > > > > MS Ngajakin SELL/SHORT BUMI gak ??? Hehehehe.... Hahahah..... > > > ------------------------------ > *From:* positif 01 <[email protected]> > *To:* > *Sent:* Thursday, August 11, 2011 8:15 AM > *Subject:* [saham] Morgan Stanley - Summary Update: PGAS Reiterate SELL: > Margin Pressure Imminent (August 10) > > > *We expect an imminent increase in input gas prices for PGAS*. > > This should occur via either: 1) by policy action; or 2) PGAS buying gas > expensively. Hence we see distribution gross margin returning from the > current high levels of US$4/mmbtu to the normalized US$3.2/mmbtu. > > *Distribution margins*: Regulator can’t force a gas price increase so PGAS > will try to maintain margins. Management believes that PGAS’ contracts with > E&P players have no clauses that involve the government; hence BPMIGAS > cannot force a gas price increase for PGAS. The liability of supplying gas > at the contracted price lies with the E&P supplier. > > PGAS is open to making slight changes in the contract and reducing its > margins if it gets security of supply from the existing contracts and > secured additional volumes. > > '+' > > > >
