Saya paling suka kalau master HY dan master Stock Gainer bahas suatu saham. 
Menarik analisa nya tajam. Bikin orang duduk gemetar


________________________________
 From: HY <[email protected]>
To: "[email protected]" <[email protected]> 
Sent: Thursday, December 13, 2012 10:40 PM
Subject: Re: Bls: [saham] Saham UNVR
 

  
sepertinya mau nutup gap nya dulu di 
17500. asal jangan keterusan aja... 




 
 " Hidupmu adalah Imajinasimu "  


________________________________
 From: sindarku <[email protected]>
To: [email protected] 
Sent: Friday, December 14, 2012 5:24 AM
Subject: Re: Bls: [saham] Saham UNVR
 

  
Baik Pak,
thank's , rajim

On 12/12/2012 11:22 PM, H4 wrote:

  
>Bapak bisa tanya ke Care centre mandiri sekuritas  ( 
>[email protected] )
> 
>Regards,
>H4
>"Plan Your Trade and Trade Your Plan"
>
>
>>________________________________
>> From: sindarku <[email protected]>
>>To: [email protected] 
>>Sent: Friday, December 14, 2012 5:10 AM
>>Subject: Re: Bls: [saham] Saham UNVR
>> 
>>
>>  
>>thank's for share,
>>btw apakah semua nasabah mendapatkan
                              berita ini? kalau iya kok saya tidak dapat
                              ya (saya nasabah mansek solo)
>>
>>thanks,
>>rajim
>>
>>On 12/12/2012 10:24 PM, H4 wrote:
>>
>>  
>>>Berikut analis dari Mansek
>>> 
>>>Regards,
>>>H4
>>>"Plan Your Trade and Trade Your
                                    Plan"
>>>
>>>
>>>
>>>
>>>Squeeze out the juice
>>> 
>>>Unilever Indonesia made a shocking announcement yesterday, raising the 
>>>royalty charges it pays its parent firm from 3.5% of revenue currently to a 
>>>maximum of 8%. This is significantly higher than the 3% median charged by 
>>>other foreign subsidiaries listed in Indonesia, and we cut our 2013-15F EPS 
>>>forecasts by 6.3%, 13.0% and 19.5% respectively. We downgrade to SELL with 
>>>reduced T/P of Rp19,000/share, implying 28x 2013F PER
>>> 
>>>New royalty charges higher than the market. In our discussion with the 
>>>company, it mentioned the change in royalty structure is to strengten UNVR’s 
>>>position as the exclusive Indonesian arm of its parent company. But we are 
>>>doubtful. We may see this as another way to maximize return of its Indonesia 
>>>investment. The 8% new royalty charges is significantly higher than the 3% 
>>>median charged by other foreign subsidiaries listed in Indonesia. Market 
>>>perception may change and questioning UNVR legit premium of reputation. 
>>>Interestingly, Unilever Global CEO made comment on the other occasion on its 
>>>bearish european business outlook.
>>> 
>>>A value dragger transaction. As we put the revision down in our calculation, 
>>>we cut UNVR EPS for 13F, 14F and 15F by 6.3%, 13.0% and 19.5%, respectively. 
>>>It suggests reduced dividend potential which has been the main attraction 
>>>for the company. This is even assuming the same payout ratio, the EPS will 
>>>be drastically reduced, so will the DPS.
>>> 
>>>Uprising competition set backs price power. We are not optimistic on UNVR 
>>>pricing power that will likely limit its ability to fully pass the higher 
>>>charge to customers. Intensifying market competition backs our view, 
>>>especially noting recent aggressive moves by major competitors such as P&G 
>>>and Wings. P&G will have a new factory next year, while Wings has just made 
>>>a big comeback with a new ad blast for its new So Klin detergent, the close 
>>>competitor of UNVR’s main product Rinso..
>>> 
>>>SELL at TP Rp19,000/sh. With added concern above, higher equity risk is 
>>>applied in UNVR and given single digit EPS growth over the next three years, 
>>>a valuation de-rating is likely. We capped our PE 2013 at 28x to derive our 
>>>new TP for UNVR of Rp19,000/share. SELL.
>>> 
>>> 
>>>Octavius Oky Prakarsa
>>>+6221 5296 9547
>>>[email protected]
>>>Plaza Mandiri 28th floor
>>>Phone: +62 21 526 3445
>>>Fax: +62 21 527 5711
>>>
>>>
>>>
>>>
>>>
>>>>________________________________
>>>> From: "[email protected]" <[email protected]>
>>>>To: "[email protected]" <[email protected]> 
>>>>Sent: Thursday, December 13, 2012 1:20 PM
>>>>Subject: Re: Bls: [saham] Saham UNVR
>>>> 
>>>>
>>>>  
>>>>Hwahhh saya sudah ambil unvr pada penurunan kemarin, ternyata skrng turun 
>>>>lg. :-( semoga lekas techreborn-nya.
>>>>________________________________
>>>> 
>>>>From:  evita lusiani <[email protected]> 
>>>>Sender:  [email protected] 
>>>>Date: Thu, 13 Dec 2012 13:00:00 +0800 (SGT)
>>>>To: <[email protected]>
>>>>ReplyTo:  [email protected] 
>>>>Subject: Bls: [saham] Saham UNVR
>>>>
>>>>  
>>>>UNVR stock fell  in the morning after Unilever Indonesia announced change 
>>>>in rate of royalty to be paid to Unilever NV (parent company). The changes 
>>>>will be    
>>>>done in stages
                                                          from current
                                                          royalty rate
                                                          of ~3.5% sales
                                                          to      
>>>>estimated 5%
                                                          sales in 2013,
                                                          6.5% sales in
                                                          2014, and 5%
                                                          sales +  
>>>>actual
                                                          recovery cost
                                                          up to 3% sales
                                                          in 2015
>>>>
>>>>--- Pada Kam, 13/12/12, Rio Suki <[email protected]> menulis:
>>>>
>>>>
>>>>>Dari: Rio Suki <[email protected]>
>>>>>Judul: Bls:
                                                          [saham] Saham
                                                          UNVR
>>>>>Kepada: [email protected]
>>>>>Tanggal:
                                                          Kamis, 13
                                                          Desember,
                                                          2012, 6:08 AM
>>>>>
>>>>>
>>>>>  
>>>>>Unvr setiap 6 bulan bikin candle yg panjang banget. Misal jan12, june 12, 
>>>>>and sekarang. Memang gayanya
>>>>>
>>>>>Salam 
>>>>>
>>>>>
>>>>>
>>>>>________________________________
>>>>> From:  [email protected] <[email protected]>; 
>>>>>To:  [email protected] <[email protected]>; 
>>>>>Subject:  [saham] Saham UNVR 
>>>>>Sent:  Wed, Dec 12, 2012 4:22:12 PM 
>>>>> 
>>>>>
>>>>>  
>>>>>Dear sahabat-sahabat kira-kira ada apa yah dengan saham UNVR hari ini? 
>>>>>Mohon info dan ulasannya. Dilihat dari chartnya jarang sekali UNVR turun 
>>>>>segitu dalam.
>>>>>
>>>>>  
>>>>
>>>>
>>
>>
>>



 

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