IDX might move flat to lower today as falling oil price may spark some profit
taking on energy/commodity stocks. Meanwhile, market is also waiting for the
Central Bank's decision on BI rate today; consensus expects no change on the
rate
Stocks to watch:
PTBA- will supply additional 1.5m tons of coal to PLN in 2011
AKRA- will post an extraordinary gain of Rp1.65tn in 2011 after selling its
stake in Sorini
LSIP- plans to do a stock split. RUPSLB will be held on Jan 28
KBRI- increased its stakes in PT Kertas Basuki Rahmat to 100% by buying the
govmt's 0.38% stakes for Rp2.92bn
CPIN- declared interim dividend of Rp25/share (1.4% yield). Cum date is Jan 24
TRAM- for 2011, has got 7 new contracts worth $140m
salam pepei
