Re: [obrolan-bandar] Bahana Focus - Tunas Baru Lampung: No Upturn Yet; Perhaps Next Year
kelihatan Pak Eka ada salah analisa terhadap TBLA dan beliau mungkin sudah minggat dari saham ini. Ini baru dugaan saya loh On 12/31/07, Forever Apprentice [EMAIL PROTECTED] wrote: Little bird says taon depan akan ada at least 2 emitten CPO baru, both Kalimantan based. - Original Message From: Tazmania Devil [EMAIL PROTECTED] To: obrolan-bandar@yahoogroups.com Sent: Monday, December 31, 2007 12:43:18 PM Subject: Re: [obrolan-bandar] Bahana Focus - Tunas Baru Lampung: No Upturn Yet; Perhaps Next Year Iya... saya rasa banyak yg pingin tau juga, termasuk saya. please dunk di milis aja. - Original Message - *From:* A Wish [EMAIL PROTECTED] *To:* obrolan-bandar@ yahoogroups. com obrolan-bandar@yahoogroups.com *Sent:* Monday, December 31, 2007 1:18 AM *Subject:* Re: [obrolan-bandar] Bahana Focus - Tunas Baru Lampung: No Upturn Yet; Perhaps Next Year duh2.. jangan japri2an dong. On 12/30/07, Kalyana Mitta [EMAIL PROTECTED] com [EMAIL PROTECTED] wrote: Coba japri Pak Eka, beliau termasuk yang paling detail mengikuti perkembangan FA dari sisi FA. Maybe worth... *Forever Apprentice apprentice.forever@ yahoo.com [EMAIL PROTECTED]* wrote: Wah wah, very interesting nih. Thanks for sharing this. IMHO TBLA is one of the wild cards utk thn 2008. Cuma belom sempet liat profil portfolio TM TBM secara detail. - Original Message From: Resky Aindhaka [EMAIL PROTECTED] com [EMAIL PROTECTED] Sent: Friday, December 28, 2007 2:03:03 PM Subject: [obrolan-bandar] Bahana Focus - Tunas Baru Lampung: No Upturn Yet; Perhaps Next Year BAHANA FOCUS EQUITY FIXED INCOME RESEARCH Tunas Baru Lampung Rp600; increase target price to Rp575 - downgraded to Reduce No Upturn Yet; Perhaps Next Year By Achmad Syafriel * Lower palm oil production continues * PKO sales contribution increased significantly this year * Cost increases still the main concern * Sales upgraded by 3% due to higher CPO price estimates * More expensive vs. other plantation counters * Increase TP to Rp575/share, downgraded to Reduce Therefore, using DCF valuation with WACC of 14.8% and higher CPO price estimates, the company is valued at Rp578/share. From this value, we derive our target price of Rp575/share with 37% estimated earnings growth. This target price provides a 4.2% downside potential from the current price. Reduce. DISCLAIMER This email may contain privileged and/or confidential Information intended only for the use of the addressee. If you are not the addressee, or the person responsible for delivering it to the person addressed, you may not use any part of it, forward, disclose, copy or deliver this to anyone else. If you receive this email by mistake, please immediately delete it from your system and notify the sender by return email. Internet communications can not be guaranteed to be timely, secure, error or virus free, the sender does not accept any liability for error or omissions. The information contained in this email and/or report is not be taken as any recommendation made by PT. Bahana Securities or any other person to enter into any agreement and/or take position with regard to any investment mentioned in this document. This email and/or report is prepared in general circulation. It does not have any intention to the specific person who may receive this email and/or report. In considering any investments you should make your own independent assessment and seek your own professional financial and legal advice. No virus found in this outgoing message. Checked by AVG Free Edition. Version: 7.5.503 / Virus Database: 269.16.10/1160 - Release Date: 11/29/2007 8:32 PM No virus found in this outgoing message. Checked by AVG Free Edition. Version: 7.5.503 / Virus Database: 269.16.10/1160 - Release Date: 11/29/2007 8:32 PM No virus found in this outgoing message. Checked by AVG Free Edition. Version: 7.5.503 / Virus Database: 269.17.4/1187 - Release Date: 12/16/2007 11:36 AM -- Looking for last minute shopping deals? Find them fast with Yahoo! Search.http://us.rd.yahoo.com/evt=51734/*http://tools.search.yahoo.com/newsearch/category.php?category=shopping Send instant messages to your online friends http://uk.messenger .yahoo.com http://uk.messenger.yahoo.com/ No virus found in this incoming message. Checked by AVG Free Edition. Version: 7.5.516 / Virus Database: 269.17.12/1203 - Release Date: 12/30/2007 11:27 AM -- Be a better friend, newshound, and know-it-all with Yahoo! Mobile. Try it now.http://us.rd.yahoo.com/evt=51733/*http://mobile.yahoo.com/;_ylt=Ahu06i62sR8HDtDypao8Wcj9tAcJ+
Re: [obrolan-bandar] Bahana Focus - Tunas Baru Lampung: No Upturn Yet; Perhaps Next Year
Pak Eka, mohon konfirmasi apakah dugaan Pak JA betul? Sebab selama ini aku ada `pegang TBLA cukup byk. Sama buat byr uang sekolah anak 5 thn lagi. Rgds kelihatan Pak Eka ada salah analisa terhadap TBLA dan beliau mungkin sudah minggat dari saham ini. Ini baru dugaan saya loh On 12/31/07, Forever Apprentice [EMAIL PROTECTED] wrote: Little bird says taon depan akan ada at least 2 emitten CPO baru, both Kalimantan based. - Original Message From: Tazmania Devil [EMAIL PROTECTED] To: obrolan-bandar@yahoogroups.com Sent: Monday, December 31, 2007 12:43:18 PM Subject: Re: [obrolan-bandar] Bahana Focus - Tunas Baru Lampung: No Upturn Yet; Perhaps Next Year Iya... saya rasa banyak yg pingin tau juga, termasuk saya. please dunk di milis aja. - Original Message - *From:* A Wish [EMAIL PROTECTED] *To:* obrolan-bandar@ yahoogroups. com obrolan-bandar@yahoogroups.com *Sent:* Monday, December 31, 2007 1:18 AM *Subject:* Re: [obrolan-bandar] Bahana Focus - Tunas Baru Lampung: No Upturn Yet; Perhaps Next Year duh2.. jangan japri2an dong. On 12/30/07, Kalyana Mitta [EMAIL PROTECTED] com [EMAIL PROTECTED] wrote: Coba japri Pak Eka, beliau termasuk yang paling detail mengikuti perkembangan FA dari sisi FA. Maybe worth... *Forever Apprentice apprentice.forever@ yahoo.com [EMAIL PROTECTED]* wrote: Wah wah, very interesting nih. Thanks for sharing this. IMHO TBLA is one of the wild cards utk thn 2008. Cuma belom sempet liat profil portfolio TM TBM secara detail. - Original Message From: Resky Aindhaka [EMAIL PROTECTED] com [EMAIL PROTECTED] Sent: Friday, December 28, 2007 2:03:03 PM Subject: [obrolan-bandar] Bahana Focus - Tunas Baru Lampung: No Upturn Yet; Perhaps Next Year BAHANA FOCUS EQUITY FIXED INCOME RESEARCH Tunas Baru Lampung Rp600; increase target price to Rp575 - downgraded to Reduce No Upturn Yet; Perhaps Next Year By Achmad Syafriel * Lower palm oil production continues * PKO sales contribution increased significantly this year * Cost increases still the main concern * Sales upgraded by 3% due to higher CPO price estimates * More expensive vs. other plantation counters * Increase TP to Rp575/share, downgraded to Reduce Therefore, using DCF valuation with WACC of 14.8% and higher CPO price estimates, the company is valued at Rp578/share. From this value, we derive our target price of Rp575/share with 37% estimated earnings growth. This target price provides a 4.2% downside potential from the current price. Reduce. DISCLAIMER This email may contain privileged and/or confidential Information intended only for the use of the addressee. If you are not the addressee, or the person responsible for delivering it to the person addressed, you may not use any part of it, forward, disclose, copy or deliver this to anyone else. If you receive this email by mistake, please immediately delete it from your system and notify the sender by return email. Internet communications can not be guaranteed to be timely, secure, error or virus free, the sender does not accept any liability for error or omissions. The information contained in this email and/or report is not be taken as any recommendation made by PT. Bahana Securities or any other person to enter into any agreement and/or take position with regard to any investment mentioned in this document. This email and/or report is prepared in general circulation. It does not have any intention to the specific person who may receive this email and/or report. In considering any investments you should make your own independent assessment and seek your own professional financial and legal advice. No virus found in this outgoing message. Checked by AVG Free Edition. Version: 7.5.503 / Virus Database: 269.16.10/1160 - Release Date: 11/29/2007 8:32 PM No virus found in this outgoing message. Checked by AVG Free Edition. Version: 7.5.503 / Virus Database: 269.16.10/1160 - Release Date: 11/29/2007 8:32 PM No virus found in this outgoing message. Checked by AVG Free Edition. Version: 7.5.503 / Virus Database: 269.17.4/1187 - Release Date: 12/16/2007 11:36 AM -- Looking for last minute shopping deals? Find them fast with Yahoo! Search.http://us.rd.yahoo.com/evt=51734/*http://tools.search.yahoo.com/newsearch/category.php?category=shopping Send instant messages to your online friends http://uk.messenger .yahoo.com http://uk.messenger.yahoo.com/ No virus found in this incoming message. Checked by AVG Free Edition. Version: 7.5.516 / Virus Database: 269.17.12/1203 - Release Date: 12/30/2007 11:27 AM -- Be a better friend, newshound, and know-it-all with Yahoo! Mobile. Try it now.http://us.rd.yahoo.com/evt=51733/*http://mobile.yahoo.com/;_ylt
Re: [obrolan-bandar] Bahana Focus - Tunas Baru Lampung: No Upturn Yet; Perhaps Next Year
Riset Bahana tidak akurat. Lihat riset TBLA tanggal 7 Juni 2007, dibuat oleh analis yang sama. Apa katanya? TP IDR 370. SELL. Berapa harga TBLA sekarang? IDR 620. Memang pernah turun waktu bulan Agustus 2007. Tapi waktu itu semua saham juga harganya turun. So, jangan menelan begitu saja hasil riset sekuritas. Berapa harga CPO sekarang? On 1/2/08, [EMAIL PROTECTED] [EMAIL PROTECTED] wrote: Pak Eka, mohon konfirmasi apakah dugaan Pak JA betul? Sebab selama ini aku ada `pegang TBLA cukup byk. Sama buat byr uang sekolah anak 5 thn lagi. Rgds kelihatan Pak Eka ada salah analisa terhadap TBLA dan beliau mungkin sudah minggat dari saham ini. Ini baru dugaan saya loh On 12/31/07, Forever Apprentice [EMAIL PROTECTED]apprentice.forever%40yahoo.com wrote: Little bird says taon depan akan ada at least 2 emitten CPO baru, both Kalimantan based. - Original Message From: Tazmania Devil [EMAIL PROTECTED] tazdbsi%40yahoo.co.id To: obrolan-bandar@yahoogroups.com obrolan-bandar%40yahoogroups.com Sent: Monday, December 31, 2007 12:43:18 PM Subject: Re: [obrolan-bandar] Bahana Focus - Tunas Baru Lampung: No Upturn Yet; Perhaps Next Year Iya... saya rasa banyak yg pingin tau juga, termasuk saya. please dunk di milis aja. - Original Message - *From:* A Wish [EMAIL PROTECTED]isx.investor_trader%40yahoo.co.id *To:* obrolan-bandar@ yahoogroups. com obrolan-bandar@yahoogroups.comobrolan-bandar%40yahoogroups.com *Sent:* Monday, December 31, 2007 1:18 AM *Subject:* Re: [obrolan-bandar] Bahana Focus - Tunas Baru Lampung: No Upturn Yet; Perhaps Next Year duh2.. jangan japri2an dong. On 12/30/07, Kalyana Mitta [EMAIL PROTECTED] com [EMAIL PROTECTED]madehusin%40yahoo.com wrote: Coba japri Pak Eka, beliau termasuk yang paling detail mengikuti perkembangan FA dari sisi FA. Maybe worth... *Forever Apprentice apprentice.forever@ yahoo.com [EMAIL PROTECTED] apprentice.forever%40yahoo.com* wrote: Wah wah, very interesting nih. Thanks for sharing this. IMHO TBLA is one of the wild cards utk thn 2008. Cuma belom sempet liat profil portfolio TM TBM secara detail. - Original Message From: Resky Aindhaka [EMAIL PROTECTED] com [EMAIL PROTECTED]reskya%40danareksa.com Sent: Friday, December 28, 2007 2:03:03 PM Subject: [obrolan-bandar] Bahana Focus - Tunas Baru Lampung: No Upturn Yet; Perhaps Next Year BAHANA FOCUS EQUITY FIXED INCOME RESEARCH Tunas Baru Lampung Rp600; increase target price to Rp575 - downgraded to Reduce No Upturn Yet; Perhaps Next Year By Achmad Syafriel * Lower palm oil production continues * PKO sales contribution increased significantly this year * Cost increases still the main concern * Sales upgraded by 3% due to higher CPO price estimates * More expensive vs. other plantation counters * Increase TP to Rp575/share, downgraded to Reduce Therefore, using DCF valuation with WACC of 14.8% and higher CPO price estimates, the company is valued at Rp578/share. From this value, we derive our target price of Rp575/share with 37% estimated earnings growth. This target price provides a 4.2% downside potential from the current price. Reduce. DISCLAIMER This email may contain privileged and/or confidential Information intended only for the use of the addressee. If you are not the addressee, or the person responsible for delivering it to the person addressed, you may not use any part of it, forward, disclose, copy or deliver this to anyone else. If you receive this email by mistake, please immediately delete it from your system and notify the sender by return email. Internet communications can not be guaranteed to be timely, secure, error or virus free, the sender does not accept any liability for error or omissions. The information contained in this email and/or report is not be taken as any recommendation made by PT. Bahana Securities or any other person to enter into any agreement and/or take position with regard to any investment mentioned in this document. This email and/or report is prepared in general circulation. It does not have any intention to the specific person who may receive this email and/or report. In considering any investments you should make your own independent assessment and seek your own professional financial and legal advice. No virus found in this outgoing message. Checked by AVG Free Edition. Version: 7.5.503 / Virus Database: 269.16.10/1160 - Release Date: 11/29/2007 8:32 PM No virus found in this outgoing message. Checked by AVG Free Edition. Version: 7.5.503 / Virus Database: 269.16.10/1160 - Release Date: 11/29/2007 8:32 PM No virus found in this outgoing message. Checked by AVG Free Edition. Version
Re: [obrolan-bandar] Bahana Focus - Tunas Baru Lampung: No Upturn Yet; Perhaps Next Year
Untuk Fundamentalist, saya pikir TBLA memang worth ke 1000-an q1 q2 08 ini. kapan momentnya, nah itu dia...bagaimanapun dari sisi luas lahan yang total seratusan ribu ha namun yang unplanted masih bagian besarnya dan tanaman muda masi dominan, maka tbla masi harta yang terpendam..maklum duit sedikit buat akusisi yang planted area..jadi beli lahan kosong aja. Kalo trader tetep pake TA ya kan...btw, hexa ndak likuid tapi per08 cuma 5, lumayan buat deviden?09 per3?:) ifin [EMAIL PROTECTED] wrote: kelihatan Pak Eka ada salah analisa terhadap TBLA dan beliau mungkin sudah minggat dari saham ini. Ini baru dugaan saya loh On 12/31/07, Forever Apprentice [EMAIL PROTECTED] wrote: Little bird says taon depan akan ada at least 2 emitten CPO baru, both Kalimantan based. - Original Message From: Tazmania Devil [EMAIL PROTECTED] To: obrolan-bandar@yahoogroups.com Sent: Monday, December 31, 2007 12:43:18 PM Subject: Re: [obrolan-bandar] Bahana Focus - Tunas Baru Lampung: No Upturn Yet; Perhaps Next Year Iya... saya rasa banyak yg pingin tau juga, termasuk saya. please dunk di milis aja. - Original Message - From: A Wish To: obrolan-bandar@ yahoogroups. com Sent: Monday, December 31, 2007 1:18 AM Subject: Re: [obrolan-bandar] Bahana Focus - Tunas Baru Lampung: No Upturn Yet; Perhaps Next Year duh2.. jangan japri2an dong. On 12/30/07, Kalyana Mitta [EMAIL PROTECTED] com wrote: Coba japri Pak Eka, beliau termasuk yang paling detail mengikuti perkembangan FA dari sisi FA. Maybe worth... Forever Apprentice apprentice.forever@ yahoo.com wrote: Wah wah, very interesting nih. Thanks for sharing this. IMHO TBLA is one of the wild cards utk thn 2008. Cuma belom sempet liat profil portfolio TM TBM secara detail. - Original Message From: Resky Aindhaka [EMAIL PROTECTED] com Sent: Friday, December 28, 2007 2:03:03 PM Subject: [obrolan-bandar] Bahana Focus - Tunas Baru Lampung: No Upturn Yet; Perhaps Next Year BAHANA FOCUS EQUITY FIXED INCOME RESEARCH Tunas Baru Lampung Rp600; increase target price to Rp575 - downgraded to Reduce No Upturn Yet; Perhaps Next Year By Achmad Syafriel * Lower palm oil production continues * PKO sales contribution increased significantly this year * Cost increases still the main concern * Sales upgraded by 3% due to higher CPO price estimates * More expensive vs. other plantation counters * Increase TP to Rp575/share, downgraded to Reduce Therefore, using DCF valuation with WACC of 14.8% and higher CPO price estimates, the company is valued at Rp578/share. From this value, we derive our target price of Rp575/share with 37% estimated earnings growth. This target price provides a 4.2% downside potential from the current price. Reduce. DISCLAIMER This email may contain privileged and/or confidential Information intended only for the use of the addressee. If you are not the addressee, or the person responsible for delivering it to the person addressed, you may not use any part of it, forward, disclose, copy or deliver this to anyone else. If you receive this email by mistake, please immediately delete it from your system and notify the sender by return email. Internet communications can not be guaranteed to be timely, secure, error or virus free, the sender does not accept any liability for error or omissions. The information contained in this email and/or report is not be taken as any recommendation made by PT. Bahana Securities or any other person to enter into any agreement and/or take position with regard to any investment mentioned in this document. This email and/or report is prepared in general circulation. It does not have any intention to the specific person who may receive this email and/or report. In considering any investments you should make your own independent assessment and seek your own professional financial and legal advice. No virus found in this outgoing message. Checked by AVG Free Edition. Version: 7.5.503 / Virus Database: 269.16.10/1160 - Release Date: 11/29/2007 8:32 PM No virus found in this outgoing message. Checked by AVG Free Edition. Version: 7.5.503 / Virus Database: 269.16.10/1160 - Release Date: 11/29/2007 8:32 PM No virus found in this outgoing message. Checked by AVG Free Edition. Version: 7.5.503 / Virus Database: 269.17.4/1187 - Release Date: 12/16/2007 11:36 AM - Looking for last minute shopping deals? Find them fast with Yahoo! Search. Send instant messages to your online friends http://uk.messenger .yahoo.com No virus found in this incoming message. Checked by AVG Free Edition. Version: 7.5.516 / Virus Database: 269.17.12/1203 - Release Date: 12/30/2007 11:27 AM - Be a better friend, newshound, and know-it-all
Re: [obrolan-bandar] Bahana Focus - Tunas Baru Lampung: No Upturn Yet; Perhaps Next Year
Little bird says taon depan akan ada at least 2 emitten CPO baru, both Kalimantan based. - Original Message From: Tazmania Devil [EMAIL PROTECTED] To: obrolan-bandar@yahoogroups.com Sent: Monday, December 31, 2007 12:43:18 PM Subject: Re: [obrolan-bandar] Bahana Focus - Tunas Baru Lampung: No Upturn Yet; Perhaps Next Year Iya... saya rasa banyak yg pingin tau juga, termasuk saya. please dunk di milis aja. - Original Message - From: A Wish To: obrolan-bandar@ yahoogroups. com Sent: Monday, December 31, 2007 1:18 AM Subject: Re: [obrolan-bandar] Bahana Focus - Tunas Baru Lampung: No Upturn Yet; Perhaps Next Year duh2.. jangan japri2an dong. On 12/30/07, Kalyana Mitta [EMAIL PROTECTED] com wrote: Coba japri Pak Eka, beliau termasuk yang paling detail mengikuti perkembangan FA dari sisi FA. Maybe worth... Forever Apprentice apprentice.forever@ yahoo.com wrote: Wah wah, very interesting nih. Thanks for sharing this. IMHO TBLA is one of the wild cards utk thn 2008. Cuma belom sempet liat profil portfolio TM TBM secara detail. - Original Message From: Resky Aindhaka [EMAIL PROTECTED] com Sent: Friday, December 28, 2007 2:03:03 PM Subject: [obrolan-bandar] Bahana Focus - Tunas Baru Lampung: No Upturn Yet; Perhaps Next Year BAHANA FOCUS EQUITY FIXED INCOME RESEARCH Tunas Baru Lampung Rp600; increase target price to Rp575 - downgraded to Reduce No Upturn Yet; Perhaps Next Year By Achmad Syafriel * Lower palm oil production continues * PKO sales contribution increased significantly this year * Cost increases still the main concern * Sales upgraded by 3% due to higher CPO price estimates * More expensive vs. other plantation counters * Increase TP to Rp575/share, downgraded to Reduce Therefore, using DCF valuation with WACC of 14.8% and higher CPO price estimates, the company is valued at Rp578/share. From this value, we derive our target price of Rp575/share with 37% estimated earnings growth. This target price provides a 4.2% downside potential from the current price. Reduce. DISCLAIMER This email may contain privileged and/or confidential Information intended only for the use of the addressee. If you are not the addressee, or the person responsible for delivering it to the person addressed, you may not use any part of it, forward, disclose, copy or deliver this to anyone else. If you receive this email by mistake, please immediately delete it from your system and notify the sender by return email. Internet communications can not be guaranteed to be timely, secure, error or virus free, the sender does not accept any liability for error or omissions. The information contained in this email and/or report is not be taken as any recommendation made by PT. Bahana Securities or any other person to enter into any agreement and/or take position with regard to any investment mentioned in this document. This email and/or report is prepared in general circulation. It does not have any intention to the specific person who may receive this email and/or report. In considering any investments you should make your own independent assessment and seek your own professional financial and legal advice. No virus found in this outgoing message. Checked by AVG Free Edition. Version: 7.5.503 / Virus Database: 269.16.10/1160 - Release Date: 11/29/2007 8:32 PM No virus found in this outgoing message. Checked by AVG Free Edition. Version: 7.5.503 / Virus Database: 269.16.10/1160 - Release Date: 11/29/2007 8:32 PM No virus found in this outgoing message. Checked by AVG Free Edition. Version: 7.5.503 / Virus Database: 269.17.4/1187 - Release Date: 12/16/2007 11:36 AM Looking for last minute shopping deals? Find them fast with Yahoo! Search. Send instant messages to your online friends http://uk.messenger .yahoo.com No virus found in this incoming message. Checked by AVG Free Edition. Version: 7.5.516 / Virus Database: 269.17.12/1203 - Release Date: 12/30/2007 11:27 AM Looking for last minute shopping deals? Find them fast with Yahoo! Search. http://tools.search.yahoo.com/newsearch/category.php?category=shopping
Re: [obrolan-bandar] Bahana Focus - Tunas Baru Lampung: No Upturn Yet; Perhaps Next Year
duh2.. jangan japri2an dong. On 12/30/07, Kalyana Mitta [EMAIL PROTECTED] wrote: Coba japri Pak Eka, beliau termasuk yang paling detail mengikuti perkembangan FA dari sisi FA. Maybe worth... *Forever Apprentice [EMAIL PROTECTED]* wrote: Wah wah, very interesting nih. Thanks for sharing this. IMHO TBLA is one of the wild cards utk thn 2008. Cuma belom sempet liat profil portfolio TM TBM secara detail. - Original Message From: Resky Aindhaka [EMAIL PROTECTED] Sent: Friday, December 28, 2007 2:03:03 PM Subject: [obrolan-bandar] Bahana Focus - Tunas Baru Lampung: No Upturn Yet; Perhaps Next Year BAHANA FOCUS EQUITY FIXED INCOME RESEARCH Tunas Baru Lampung Rp600; increase target price to Rp575 - downgraded to Reduce No Upturn Yet; Perhaps Next Year By Achmad Syafriel * Lower palm oil production continues * PKO sales contribution increased significantly this year * Cost increases still the main concern * Sales upgraded by 3% due to higher CPO price estimates * More expensive vs. other plantation counters * Increase TP to Rp575/share, downgraded to Reduce Therefore, using DCF valuation with WACC of 14.8% and higher CPO price estimates, the company is valued at Rp578/share. From this value, we derive our target price of Rp575/share with 37% estimated earnings growth. This target price provides a 4.2% downside potential from the current price. Reduce. DISCLAIMER This email may contain privileged and/or confidential Information intended only for the use of the addressee. If you are not the addressee, or the person responsible for delivering it to the person addressed, you may not use any part of it, forward, disclose, copy or deliver this to anyone else. If you receive this email by mistake, please immediately delete it from your system and notify the sender by return email. Internet communications can not be guaranteed to be timely, secure, error or virus free, the sender does not accept any liability for error or omissions. The information contained in this email and/or report is not be taken as any recommendation made by PT. Bahana Securities or any other person to enter into any agreement and/or take position with regard to any investment mentioned in this document. This email and/or report is prepared in general circulation. It does not have any intention to the specific person who may receive this email and/or report. In considering any investments you should make your own independent assessment and seek your own professional financial and legal advice. No virus found in this outgoing message. Checked by AVG Free Edition. Version: 7.5.503 / Virus Database: 269.16.10/1160 - Release Date: 11/29/2007 8:32 PM No virus found in this outgoing message. Checked by AVG Free Edition. Version: 7.5.503 / Virus Database: 269.16.10/1160 - Release Date: 11/29/2007 8:32 PM No virus found in this outgoing message. Checked by AVG Free Edition. Version: 7.5.503 / Virus Database: 269.17.4/1187 - Release Date: 12/16/2007 11:36 AM -- Looking for last minute shopping deals? Find them fast with Yahoo! Search.http://us.rd.yahoo.com/evt=51734/*http://tools.search.yahoo.com/newsearch/category.php?category=shopping Send instant messages to your online friends http://uk.messenger.yahoo.com
Re: [obrolan-bandar] Bahana Focus - Tunas Baru Lampung: No Upturn Yet; Perhaps Next Year
Iya... saya rasa banyak yg pingin tau juga, termasuk saya. please dunk di milis aja. - Original Message - From: A Wish To: obrolan-bandar@yahoogroups.com Sent: Monday, December 31, 2007 1:18 AM Subject: Re: [obrolan-bandar] Bahana Focus - Tunas Baru Lampung: No Upturn Yet; Perhaps Next Year duh2.. jangan japri2an dong. On 12/30/07, Kalyana Mitta [EMAIL PROTECTED] wrote: Coba japri Pak Eka, beliau termasuk yang paling detail mengikuti perkembangan FA dari sisi FA. Maybe worth... Forever Apprentice [EMAIL PROTECTED] wrote: Wah wah, very interesting nih. Thanks for sharing this. IMHO TBLA is one of the wild cards utk thn 2008. Cuma belom sempet liat profil portfolio TM TBM secara detail. - Original Message From: Resky Aindhaka [EMAIL PROTECTED] Sent: Friday, December 28, 2007 2:03:03 PM Subject: [obrolan-bandar] Bahana Focus - Tunas Baru Lampung: No Upturn Yet; Perhaps Next Year BAHANA FOCUS EQUITY FIXED INCOME RESEARCH Tunas Baru Lampung Rp600; increase target price to Rp575 - downgraded to Reduce No Upturn Yet; Perhaps Next Year By Achmad Syafriel * Lower palm oil production continues * PKO sales contribution increased significantly this year * Cost increases still the main concern * Sales upgraded by 3% due to higher CPO price estimates * More expensive vs. other plantation counters * Increase TP to Rp575/share, downgraded to Reduce Therefore, using DCF valuation with WACC of 14.8% and higher CPO price estimates, the company is valued at Rp578/share. From this value, we derive our target price of Rp575/share with 37% estimated earnings growth. This target price provides a 4.2% downside potential from the current price. Reduce. DISCLAIMER This email may contain privileged and/or confidential Information intended only for the use of the addressee. If you are not the addressee, or the person responsible for delivering it to the person addressed, you may not use any part of it, forward, disclose, copy or deliver this to anyone else. If you receive this email by mistake, please immediately delete it from your system and notify the sender by return email. Internet communications can not be guaranteed to be timely, secure, error or virus free, the sender does not accept any liability for error or omissions. The information contained in this email and/or report is not be taken as any recommendation made by PT. Bahana Securities or any other person to enter into any agreement and/or take position with regard to any investment mentioned in this document. This email and/or report is prepared in general circulation. It does not have any intention to the specific person who may receive this email and/or report. In considering any investments you should make your own independent assessment and seek your own professional financial and legal advice. No virus found in this outgoing message. Checked by AVG Free Edition. Version: 7.5.503 / Virus Database: 269.16.10/1160 - Release Date: 11/29/2007 8:32 PM No virus found in this outgoing message. Checked by AVG Free Edition. Version: 7.5.503 / Virus Database: 269.16.10/1160 - Release Date: 11/29/2007 8:32 PM No virus found in this outgoing message. Checked by AVG Free Edition. Version: 7.5.503 / Virus Database: 269.17.4/1187 - Release Date: 12/16/2007 11:36 AM -- Looking for last minute shopping deals? Find them fast with Yahoo! Search. Send instant messages to your online friends http://uk.messenger.yahoo.com -- No virus found in this incoming message. Checked by AVG Free Edition. Version: 7.5.516 / Virus Database: 269.17.12/1203 - Release Date: 12/30/2007 11:27 AM
Re: [obrolan-bandar] Bahana Focus - Tunas Baru Lampung: No Upturn Yet; Perhaps Next Year
Coba japri Pak Eka, beliau termasuk yang paling detail mengikuti perkembangan FA dari sisi FA. Maybe worth... Forever Apprentice [EMAIL PROTECTED] wrote: Wah wah, very interesting nih. Thanks for sharing this. IMHO TBLA is one of the wild cards utk thn 2008. Cuma belom sempet liat profil portfolio TM TBM secara detail. - Original Message From: Resky Aindhaka [EMAIL PROTECTED] Sent: Friday, December 28, 2007 2:03:03 PM Subject: [obrolan-bandar] Bahana Focus - Tunas Baru Lampung: No Upturn Yet; Perhaps Next Year BAHANA FOCUS EQUITY FIXED INCOME RESEARCH Tunas Baru Lampung Rp600; increase target price to Rp575 - downgraded to Reduce No Upturn Yet; Perhaps Next Year By Achmad Syafriel * Lower palm oil production continues * PKO sales contribution increased significantly this year * Cost increases still the main concern * Sales upgraded by 3% due to higher CPO price estimates * More expensive vs. other plantation counters * Increase TP to Rp575/share, downgraded to Reduce Therefore, using DCF valuation with WACC of 14.8% and higher CPO price estimates, the company is valued at Rp578/share. From this value, we derive our target price of Rp575/share with 37% estimated earnings growth. This target price provides a 4.2% downside potential from the current price. Reduce. DISCLAIMER This email may contain privileged and/or confidential Information intended only for the use of the addressee. If you are not the addressee, or the person responsible for delivering it to the person addressed, you may not use any part of it, forward, disclose, copy or deliver this to anyone else. If you receive this email by mistake, please immediately delete it from your system and notify the sender by return email. Internet communications can not be guaranteed to be timely, secure, error or virus free, the sender does not accept any liability for error or omissions. The information contained in this email and/or report is not be taken as any recommendation made by PT. Bahana Securities or any other person to enter into any agreement and/or take position with regard to any investment mentioned in this document. This email and/or report is prepared in general circulation. It does not have any intention to the specific person who may receive this email and/or report. In considering any investments you should make your own independent assessment and seek your own professional financial and legal advice. No virus found in this outgoing message. Checked by AVG Free Edition. Version: 7.5.503 / Virus Database: 269.16.10/1160 - Release Date: 11/29/2007 8:32 PM No virus found in this outgoing message. Checked by AVG Free Edition. Version: 7.5.503 / Virus Database: 269.16.10/1160 - Release Date: 11/29/2007 8:32 PM No virus found in this outgoing message. Checked by AVG Free Edition. Version: 7.5.503 / Virus Database: 269.17.4/1187 - Release Date: 12/16/2007 11:36 AM - Looking for last minute shopping deals? Find them fast with Yahoo! Search. Send instant messages to your online friends http://uk.messenger.yahoo.com
Re: [obrolan-bandar] Bahana Focus - Tunas Baru Lampung: No Upturn Yet; Perhaps Next Year
Wah wah, very interesting nih. Thanks for sharing this. IMHO TBLA is one of the wild cards utk thn 2008. Cuma belom sempet liat profil portfolio TM TBM secara detail. - Original Message From: Resky Aindhaka [EMAIL PROTECTED] Sent: Friday, December 28, 2007 2:03:03 PM Subject: [obrolan-bandar] Bahana Focus - Tunas Baru Lampung: No Upturn Yet; Perhaps Next Year BAHANA FOCUS EQUITY FIXED INCOME RESEARCH Tunas Baru Lampung Rp600; increase target price to Rp575 - downgraded to Reduce No Upturn Yet; Perhaps Next Year By Achmad Syafriel * Lower palm oil production continues * PKO sales contribution increased significantly this year * Cost increases still the main concern * Sales upgraded by 3% due to higher CPO price estimates * More expensive vs. other plantation counters * Increase TP to Rp575/share, downgraded to Reduce Therefore, using DCF valuation with WACC of 14.8% and higher CPO price estimates, the company is valued at Rp578/share. From this value, we derive our target price of Rp575/share with 37% estimated earnings growth. This target price provides a 4.2% downside potential from the current price. Reduce. DISCLAIMER This email may contain privileged and/or confidential Information intended only for the use of the addressee. If you are not the addressee, or the person responsible for delivering it to the person addressed, you may not use any part of it, forward, disclose, copy or deliver this to anyone else. If you receive this email by mistake, please immediately delete it from your system and notify the sender by return email. Internet communications can not be guaranteed to be timely, secure, error or virus free, the sender does not accept any liability for error or omissions. The information contained in this email and/or report is not be taken as any recommendation made by PT. Bahana Securities or any other person to enter into any agreement and/or take position with regard to any investment mentioned in this document. This email and/or report is prepared in general circulation. It does not have any intention to the specific person who may receive this email and/or report. In considering any investments you should make your own independent assessment and seek your own professional financial and legal advice. No virus found in this outgoing message. Checked by AVG Free Edition. Version: 7.5.503 / Virus Database: 269.16.10/1160 - Release Date: 11/29/2007 8:32 PM No virus found in this outgoing message. Checked by AVG Free Edition. Version: 7.5.503 / Virus Database: 269.16.10/1160 - Release Date: 11/29/2007 8:32 PM No virus found in this outgoing message. Checked by AVG Free Edition. Version: 7.5.503 / Virus Database: 269.17.4/1187 - Release Date: 12/16/2007 11:36 AM Be a better friend, newshound, and know-it-all with Yahoo! Mobile. Try it now. http://mobile.yahoo.com/;_ylt=Ahu06i62sR8HDtDypao8Wcj9tAcJ
