Bukannya udh ke 390 brp hr lalu? Sent from my BlackBerry® powered by Sinyal Kuat INDOSAT
-----Original Message----- From: erlien.ermaw...@yahoo.com Date: Thu, 1 Oct 2009 07:01:09 To: <obrolan-bandar@yahoogroups.com> Subject: Re: [ob] Fw: [saham] BUMI Resources (CIMB-GK@ Oct 1: Maintain OP TP 3,800) Tolong informasinya kenapa enrg gak naek2 ya.....thx Sent from my BlackBerry® powered by Sinyal Kuat INDOSAT ---------------- From: ruzli...@gmail.com Date: Thu, 1 Oct 2009 06:48:48 +0000 To: <obrolan-bandar@yahoogroups.com> Subject: [ob] Fw: [saham] BUMI Resources (CIMB-GK@ Oct 1: Maintain OP TP 3,800) ---------------- From: "Hilman Kamaludin" <hilm...@danareksa.com> Date: Thu, 1 Oct 2009 13:31:35 +0700 Subject: [saham] BUMI Resources (CIMB-GK@ Oct 1: Maintain OP TP 3,800) CIMB 01 Oct 2009 Indonesia Bumi Resources Result note - Operational improvements - by Rania Rahmundita (BUMI IJ / BUMI.JK, OUTPERFORM - Maintained, Rp3,225 - Tgt. Rp3,800, Basic Resources) We maintain Outperform on Bumi with an unchanged DCF-based target price of Rp3,800 (WACC 16%, LTG 0%). 1H09 net profit is 7% above consensus, but in line with our expectations. There were operational improvements and greater profitability despite a difficult environment in 1H09. Earnings upside could come from production and sales volume in 2H09 which could exceed our current assumptions. Although details on its CIC deal are not fully out, we believe cash flows will be better going forward as the fresh funds would free up Bumi's cash flows for a potential doubling of production by 2012. Bumi has given the assurance that there is no equity link involved, hence no dilution concerns. Full-report including important disclosures: [see attachment] ---------------- PS: if you wish to Opt-Out or Change your Mailing Details, please send an email message to sg.resenquir...@cimb.com . Otherwise call your respective Salesperson. For any other queries, please contact our Call Centre at 1800 538 9889, +65 6538 9889 (overseas) or email clientservices...@cimb.com . Disclaimer: No part of this report may be reproduced or distributed in any manner without the written permission of CIMB and its affiliates. CIMB and its affiliates specifically prohibits the redistribution of this report, electronically or otherwise, and accepts no liability whatsoever for the actions of third parties in this respect. This email may contain privileged and/or confidential information. If you are not the named recipient or addressee, you are hereby notified that any use, review, disclosure or copying of the contents herein is strictly prohibited. If you have received this email by mistake, please notify the sender immediately by reply email and discard/destroy all its contents. This email is for informational purposes and should not be construed as a solicitation or offer to buy or sell securities or related financial instruments. Regards,Hilman Kamaludin Account Executive PT Danareksa Sekuritas Jl. Medan Merdeka Selatan No. 14 Jakarta Pusat 10110 ( Phone : 021 350 9777, 021 350 9888 ext. 2836 ) Mobile : 0812 98 321796 Fax : 021 386 6106* email : hilm...@danareksa.com **************** CONFIDENTIALITY: The information contained in or attached to this electronic transmission is confidential and may be legally privileged. It is intended for the named recipient(s) only. If you are not the named recipient, you are hereby notified that any distribution, copying, review, retransmission, dissemination or other use of this electronic transmission or the information contained in it is strictly prohibited. The information expressed herein may contain the private views and opinions of the sender that does not constitute the formal views and opinions of PT. Danareksa (Persero) and its subsidiaries, and should not in any ways be construed as the views, offers, or acceptances of these entities, unless specifically stated. PT. Danareksa (Persero) and its subsidiaries does not take any responsibilities nor accepts any claims of liabilities and/or damages for statements which are clearly the sender's own and not made on behalf of the entities concerned. ------------------------------------ + + + + + + + Mohon saat meREPLY posting, text dari posting lama dihapus kecuali diperlukan agar CONTEXTnya jelas. + + + + + + +Yahoo! Groups Links <*> To visit your group on the web, go to: http://groups.yahoo.com/group/obrolan-bandar/ <*> Your email settings: Individual Email | Traditional <*> To change settings online go to: http://groups.yahoo.com/group/obrolan-bandar/join (Yahoo! ID required) <*> To change settings via email: mailto:obrolan-bandar-dig...@yahoogroups.com mailto:obrolan-bandar-fullfeatu...@yahoogroups.com <*> To unsubscribe from this group, send an email to: obrolan-bandar-unsubscr...@yahoogroups.com <*> Your use of Yahoo! Groups is subject to: http://docs.yahoo.com/info/terms/