20151204_2

7/23/2019 20151204_2

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TRIM DAILY PT Trimegah Securities Tbk - www.trimegah.com 1

1mn housing program’s pace is below target, with only up to 627k housesbuilt or under construction so far. BBT !Buy, T" 11#$% is the largest benefi&ciary of 1mn housing program with 1'( )o) loan growth as of 1$m1# de&spite only 627k houses being built, positi*e. +e ha*e been pushing T-!Buy, T" //$$% hard in the past couple of days and share price has per&formed well. Telcos ha*e upside room in 03 and 04 as they mo*e toward5 technology. reeport plans to build the first smelter in resik, 4ast 8a*a.+e are confident this will be built in 9-09 !Buy, T" 6/#$%’s new industrialestate. 90: launching " bookbuilding with 7#$&11$$ price range, imply&ing 1$.$;15.6< 2$16 "4, please contact us for more details.

T0 =aily

T0 >ighlights

Dec 4, 2015

8akarta 3omposite nde< !83% down by ' point or $.2( to 5#/7 yesterday.

nde< mo*ers were mostly dri*en by mining !&1.5(%, agriculture !&$.?(%and property construction !&$.7(%. Total transaction *alue was 0p/.?tr.foreign recorded 0p/?#bn net sell. +e e<pect 83 to further strengthen, withtoday’s trading range of 5#$1&56$$.

Technical arket @iew

43B cut further benchmark deposit rate from &$.2$( to &$./$( last night,yet the cut was below market e<pectation of 1#&2$bps. The central bank alsodid not increase the amount of go*ernment bonds it buys while the si<&monthe<tension of the program was percei*ed as bare minimum, gi*en traderslooked for an e<tension of one year or e*en making it an open&ended plan.

lobal +rap

Technical analysis: trading picks

3hange &$.1?(

Transaction @olume !m% /,/67

Transaction @alue !0pbn% /,?/'

kt 3ap !0ptr% 5,'$1

arket 2$1# "A4 !<% 12.?

arket =i*. )ield !(% 2.'(

JCI 4,537

lobal ndices

=ual isting !)B4%

Stock Price Rating Reason

T- /$/# Buy

T- remains in the long term bullish pattern.+ith a white formation T- and potentialgolden cross on its stochastic oscillator T-is a Buy. T-’s support and resistance le*el

ranging between 2?$$&/12# for today.

>"?76$$

Buy>" remains strong with potential upside inthe range of ?##$&??$$$ for today.

-9 22?# Buy

-9 is a long term bullish, it formed a whitelong candle with increasing transaction *ol&umes, indicates further upward mo*ement fortoday with support and resistance le*els of22$$&2/7#

4=3 ?6$Trad ingBuy

+e e<pect 4=3 to trade up today in therange of ?5$&??#. Buy at le*el ?5$ with targetprice ??# !resistance%

3B" 1267# ell

3B" is short&term bearish pattern remains,

we e<pect 3B" to mo*e downward todaywithin the trading range of 121$$&1/5$$

9T #5$$ ell9T today is e<pected to continue its weak&ening trend and trade in #2#$&#7$$ range

"rice 3hg (

=ow 8ones 17,577.7 &2#2.$ &1.5

asdaC #,$/7.# &'#.7 &1.7

ikkei 1?,?/?.? 2 $.$

BT Times 2,''/.? $./ $.$

TB4 6,27#.$ &15#.? &2./

>ang Beng 22,517.$ &6/ &$./

3hg (

USD IDR 1/,'5# 6# $.#

10 yr Indo Govt bond (%) '.5' $.$ $.2

10 yr US govt bond (%) 2./ $.12 #.#

Spread (%) 6.1' &$.1$ &#.2

EIDO 2$.6 &$.2 &$.'

Foreign YtD (USDmn) (3,051) &2? $.?

83 nde<, 9*g #= 9 @alue

$

1,$$$

2,$$$

/,$$$

5,$$$

#,$$$

6,$$$

7,$$$

',$$$

2,$$$

/,$$$

5,$$$

#,$$$

6,$$$

=ec&15 eb&1# 9pr&1# 8un&1# 9ug&1# ct&1# =ec&1#

(Rpbn)Avg. 5 Da !A "ra#ing $a%&e (R'S) Price ('S)

7/23/2019 20151204_2


PT Trimegah Securities Tbk - www.trimegah.com TRIM DAILY 2

ews of the =ay

RAA* keeps e+pan#ing in !a%asia

By opening 1# new outlets in )16. The management

stated that the company has had outlets under brand

DErban 0epublicF, following the acCuisition of 3 3omput&

ers dn Bhd in )15. n '1#, 4099 had / Erban 0epub&

lic outlets. or domestic e<pansion, the company aims to

open #$ new outlets in )16. Source: Bisnis Inonesia.

!ian.octiana"trimegah.com#

'!SP* to rent o&t 4 are-o&ses to P!ID

+ith total 5,$2'sCm area, located in -arawang. Total

re*enue e<pectation is c. 0p12bn, of which 0p6bn will be

paid # days after the agreement has been signed !G'

=ec’ 1#%, and the rest will be paid in 8un’ 16 for the

latest. Source: Bisnis Inonesia.

$omment: we are neutra% &or the news' as it is a non-materia% transaction. (MSP on%) aims to ma*imi+e its

unuse asset. !ian.octiana"trimegah.com#

reeport to invest /S07112n or s2e%ter

9midst all the debacle regarding reeport, the company

maintain its commitment to construct EH7$$mn smelter

in resik, 4ast 8a*a. The funding for the in*estment will

be a using the company’s internal cash, while 0iIa

"ratama, spokeperson for reeport ndonesia, mentioned

that total in*estment for the smelter will amount to

EH2./bn. Source: ,ontan

!wi%%ino).sitorus"trimegah.com#

!i%%ion 'o&se Progra2 rea%iation co2es in be%o

target

inistry of "ublic +orks and "ublic >ousing stated that

the realiIation of million house has only come in at 5$$k

houses p.a. 4ddy >ussy, 3hairman of 04, mentioned

that de*elopers under 04 has built 1/',121 units by

o*ember, while currently a total 627.'?# units of hous&

es has been on construction by o*ember. Source: ,on-

tan !enni&er.)a%)"trimegah.com#

ID to prepare a sc-e2e ens&ring reeport6s %oate# s-ares on t-e -an#s o #o2estic investors

=J to pre*ent foreign in*estors from buying reeport

ndonesia’s shares if the mining giant decides to float its

shares on the local stock market. =J would prepare a

scheme to ensure the shares floated would stay in the

hands of domestic in*estors at least for certain period of

time. Source: The /akarta Post


8ino In#onesia to -ave an IP9

-ino ndonesia to ha*e an " by selling new shares

amounting to 22'.6m shares, which is 16( of its enlarged

shares. The offering price is =0/,'$$Ashare with total

proceeds of =0'6'bn. The proceeds would be used for

inorganic e<pansion !27(%, cape< for organic growth

!#$(% and working capital !2/(%. The listing date will be

on 11 =ecember. Source: Bisnis Inonesia


cono2ic package $II to be iss&e# to#a

o details is pro*ided yet one of articles in*ol*es with

ta<es. Source: Bisnis Inonesia

/nti% :ov ;<t-, 8/R %en#ing rea%iation as on%

47= o >?5 target

Entil the 15th week since the launch of -E0 program, the

go*ernment reported the lending has only reached

0p15.1tn or 57( of )1# target of 0p/$tn. >owe*er,

inistry of mall and edium Businesses =eputy, Braman

etyo, still hopes that the )1# target can be met. The

go*ernment has prepared 0p1$.#tn interest subsidy budg&

et and 0p2.1tn for guarantor compensation budget for

2$16. Source: Bisnis Inonesia

!angga.ait)a"trimegah.com#

@@": P:@:* bot- banks to reva%&e t-eir assets

t-is ear"B’s nstitutional Banking, >endrawan =anusaputra,

said the company will re*alue their assets this year. ike&

wise, BBT will also conduct asset re*aluation this year to

get the /( ta< incenti*e. The tier&1 capital of BBT and

"B will increase by 1.6( and 2.?(, respecti*ely.

Source: ,ontan !angga.ait)a.com#

@D!:* to repa its RpB;?bn series II@ bon#s ne+t

eek

9ccording to B=’s official disclosure, the company is

going to settle repayment for its 0p?21bn series &B

bonds as well as 0p2$.7bn interest on =ecember 1$th,2$1#. B=’s bonds is rated 999 by "efindo. Source:

$oman)' ID0 !angga.ait)a.com#

P-ar2a in#&str is proecte# to reac- Rp ?47trn in

;1;1 (;1= >o> eac- ear)

To support this target, it will need at least 0p 21#trn of

in*estment in production facility, lab de*elopment, infra&

structure, as well as human de*elopment. This industry

forecast is based on rost and ulli*an research that ndo&

nesia’s health e<penditure per capita will reach EH2/7 in

2$1' !*s EH1$? in 2$12%K if health budget of #( in

9"B actually realiIed. Source: Bisnis Inonesia

!atricia.gabrie%a"trimegah.com#

7/23/2019 20151204_2


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ews of the =ay

"e%co* ricsson esti2ates ;1?E n&2ber o 4F "

s&bcribers to reac- 5<2n in In#onesia

The 2$1'4 5 T4 subscribers will account 15( of 2$1'4

total cellular subscribers !/?7mn%. or end of 2$1#, it

estimates 6mn 5 T4 subscribers, accounted 2( of

2$1#4 total cellular subscribers !/#/mn%. This implied

number of 5 T4 subscribers will grow by G111( 390

for 2$1#4&1'4 based on 4ricsson forecast. 9ccording to

4ricsson’s "resident =irector for ndonesia and Timor

este, 5 T4 handset has became more affordable. >e

mentioned that cheapest T4 mobile de*ice currently

priced at E='$ !G0p 1mn% and e<pected the price to go

down further to E=#$ !G0p7$$-%. Source: In1estor

Dai%)' TRIM Research

$omment: 2e think higher a&&orabi%it) o& 34 LT5 mobi%e

hone is ositi1e &or a%% Te%co comanies.!au%a"trimegah.com#

"@A* targete# Rp7tr reven&e in ;1?< (?7= >o>

ro2 ;1?56s target)

@ice "resident =irector L udarmo Tasmin e<pected

re*enue of E='6mn from its biodiesel factory in its first

year of operation !e<pected: 2$16%, and will reach

E=17#mn when it’s fully operated. >e also mentioned

that factory capacity reached 1,$#$ tons per day, with its

main consumer "T "ertamina !"ersero%. Besides biodiesel

factory, TB9 also planned to complete a ',$$$ tons T3=

sugar factory and a 12,$$$ ha sugar cane plantation inampung, as well as increasing its 3" factory capacity

to ?$ ton per hour. Source: Bisnis Inonesia

!ke1ie.ait)a"trimegah.com#

DID to operate 4 ne -ote%s b '; ;1?5, a2o&nt

ing to ?1 tota% -ote%s in t-eir porto%io.

By ?1#, recurring income accounts for 1$./( of total

re*enue, and targets 2$( in # years. Source: Bisnis

Inonesia !wisnu.buhiargo"trimegah.com#

7/23/2019 20151204_2



Table

In#o !arket P vs Regiona% (Geek%)

In#o !arket P vs ?1r @on# >ie%#

9i% Price (@rent), Coa% Price (:ecast%e), Fo%#

oreign &n# %o in %ast 5 31 #as

5r @on# >ie%# In#o (/SD) vs /S @on# >ie%#

CP9 Price, Sobean Price (bot- ?2 &t&res)

&162&'5

&'52

&1$6&22

&/$7&2?6

&2#6

&1,?/2

&517

&55

&1,/?1

!2,#$$%

!2,$$$%

!1,#$$%

!1,$$$%

!#$$%

$

2 = 4 B 2 9

" > 2 , 2 " " 2 4 B

B E T >

- 0 4 9

T > 9 2 , 9 =

@ 2 4 T 9 .

2 = 2 9

(/SD2n) 5 Das 31 Das

6.$

6.#

7.$

7.#

'.$

'.#

?.$

?.#

1$.$

12.$

1/.$

15.$

1#.$

16.$

17.$

1'.$

o*&

15

=ec&

15

8an&

1#

eb&

1#

ar&

1#

9pr&

1#

ay&

1#

8un&

1#

8ul&

1#

9ug&

1#

ep&

1#

ct&

1#

o*&

1#

(=)() JCI P ('S) In#o ?1>r @on# >ie%# (R'S)

$.$

$.#

1.$

1.#

2.$

2.#

/.$

/.#

5.$

5.#

= e c

& 1 5

= e c

& 1 5

8 a n

& 1 #

7 e b

& 1 #

7 e b

& 1 #

. a r

& 1 #

9 p r

& 1 #

9 p r

& 1 #

. a y

& 1 #

8 u n

& 1 #

8 u l

& 1 #

8 u l

& 1 #

9 u g

& 1 #

B e p

& 1 #

B e p

& 1 #

c t

& 1 #

o *

& 1 #

o *

& 1 #

(=) @on# >ie%# /S In# 5r @on# >ie%# In#o in /SD

#$$

7$$

?$$

1,1$$

1,/$$

1,#$$

5$

5#

#$

##

6$

6#

7$

7#

= e c & 1 5

= e c & 1 5

8 a n & 1 #

7 e b & 1 #

7 e b & 1 #

. a r & 1 #

9 p r & 1 #

9 p r & 1 #

. a y & 1 #

8 u n & 1 #

8 u l & 1 #

8 u l & 1 #

9 u g & 1 #

B e p & 1 #

B e p & 1 #

c t & 1 #

o * & 1 #

o * & 1 #

(/SDH "ro o.)(/SD)

@rent Cr&#e 9i% (bb%) ('S) Coa% (2t) ('S) Fo%# (R'S)

#$$

6$$

7$$

'$$

?$$

1,$$$

1,1$$

&

#$$

1,$$$

1,#$$

2,$$$

2,#$$

/,$$$

= e c & 1 5

8 a n & 1 #

7 e b & 1 #

. a r & 1 #

9 p r & 1 #

. a y & 1 #

8 u n & 1 #

8 u l & 1 #

9 u g & 1 #

B e p & 1 #

c t & 1 #

o * & 1 #

(/SD

@&s-e%s)(!>R "ons)

CP9 !a%asia ('S) Sobean (R'S)

6.$

'.$

1$.$

12.$

15.$

16.$

1'.$

2$.$

22.$

2 $ 1 $

2 $ 1 $

2 $ 1 $

2 $ 1 1

2 $ 1 1

2 $ 1 2

2 $ 1 2

2 $ 1 /

2 $ 1 /

2 $ 1 5

2 $ 1 5

2 $ 1 #

2 $ 1 #

(+)

Geek% 'ang Seng Singa pore "-ai%an# P-i%ippines !a%asia In#onesia

7/23/2019 20151204_2


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Table

I:C9, A:"! vs :icke% price (!)

Coa% Price (:ecast%e) vs Coa% Sector

"I:S vs "in price (!)

A:"! vs Fo%# price

CP9 Price (?2 &t&res in !a%asia) vs CP9 Sector

FIAA vs @rent Cr&#e 9i%

$

#$

1$$

1#$

2$$

2#$

&

1$

2$

/$

5$

#$

6$

7$

'$

= e c & 1 5

8 a n & 1 #

7 e b & 1 #

. a r & 1 #

9 p r & 1 #

. a y &

1 #

8 u n & 1 #

8 u l & 1 #

9 u g &

1 #

B e p & 1 #

c t & 1 #

o * & 1 #

(/SDH!")

Coa% ('S) C9A Sector (R'S)

$

1$

2$

/$

5$

#$

6$

7$

'$

?$

&

#$$

1,$$$

1,#$$

2,$$$

2,#$$

/,$$$

= e c & 1 5

= e c & 1 5

8 a n & 1 #

7 e b & 1 #

7 e b & 1 #

. a r & 1 #

9 p r & 1 #

9 p r & 1 #

. a y & 1 #

8 u n & 1 #

8 u l & 1 #

8 u l & 1 #

9 u g & 1 #

B e p & 1 #

B e p & 1 #

c t & 1 #

o * & 1 #

o * & 1 #

(!>R H "on)

CP9 !a%asia ('S) CP9 Sector (R'S)

&

2,$$$

5,$$$

6,$$$

',$$$

1$,$$$

12,$$$

15,$$$

16,$$$

1',$$$

&

#$$

1,$$$

1,#$$

2,$$$

2,#$$

/,$$$

/,#$$

5,$$$

5,#$$

= e c & 1 5

= e c & 1 5

8 a n & 1 #

7 e b & 1 #

7 e b & 1 #

. a r & 1 #

9 p r & 1 #

9 p r & 1 #

. a y & 1 #

8 u n & 1 #

8 u l & 1 #

8 u l & 1 #

9 u g & 1 #

B e p & 1 #

B e p & 1 #

c t & 1 #

o * & 1 #

o * & 1 #

(/SD H!")(Rp)

I:C9 ('S) A:"! ('S) :icke% ! (R'S)

#$$

6$$

7$$

'$$

?$$

1,$$$

1,1$$

1,2$$

1,/$$

1,5$$

$

1$$

2$$

/$$

5$$

#$$

6$$

7$$

'$$

?$$

1,$$$

= e c & 1 5

= e c & 1 5

8 a n & 1 #

7 e b & 1 #

7 e b & 1 #

. a r & 1 #

9 p r & 1 #

9 p r & 1 #

. a y & 1 #

8 u n & 1 #

8 u l & 1 #

8 u l & 1 #

9 u g & 1 #

B e p & 1 #

B e p & 1 #

c t & 1 #

o * & 1 #

o * & 1 #

(/SD tro o.)(Rp)A:"! ('S) Fo%# (R'S)

&

/,$$$

6,$$$

?,$$$

12,$$$

1#,$$$

1',$$$

21,$$$

25,$$$

$

2$$

5$$

6$$

'$$

1,$$$

1,2$$

1,5$$

= e c & 1 5

= e c & 1 5

8 a n & 1 #

7 e b & 1 #

7 e b & 1 #

. a r & 1 #

9 p r & 1 #

9 p r & 1 #

. a y & 1 #

8 u n & 1 #

8 u l & 1 #

8 u l & 1 #

9 u g & 1 #

B e p & 1 #

B e p & 1 #

c t & 1 #

o * & 1 #

o * & 1 #

(/SDH!")(Rp) "I:S ('S) "in ! (R'S)

$

2$

5$

6$

'$

$

1$$

2$$

/$$

5$$

#$$

6$$

7$$

= e c & 1 5

= e c & 1 5

8 a n & 1 #

7 e b & 1 #

7 e b & 1 #

. a r & 1 #

9 p r & 1 #

9 p r & 1 #

. a y & 1 #

8 u n & 1 #

8 u l & 1 #

8 u l & 1 #

9 u g & 1 #

B e p & 1 #

B e p & 1 #

c t & 1 #

o * & 1 #

o * & 1 #

(/SD bb%)(Rp)

FIAA ('S) Cr&#e 9i% @rent (R'S)

7/23/2019 20151204_2



+orld 4conomic 3alendar

Date "i2e Co&ntr vent Perio# S&rve Act&a% Prior

11A2#A2$1# E B9 ortgage 9pplications 2$&o* && &/.2 6.2

E "ersonal ncome !(% ct $.5 $.5 $.1

E "ersonal pending !(% ct $./ $.1 $.1

E =urable oods rders !(% ct " 1.# &1.2 &1.2

E =urables 4< Transportation !(% ct " $.5 &$.5 &$.5

E nitial 8obless 3laims !M$$$M% 21&o* 271 26$ 271

E 3ontinuing 3laims !M$$$M% 15&o* 215$ 22$7 217#

E >9 >ouse "rice nde< o ep $.# $.' $./

E arkit E 3omposite " o* " && #6.1 ##

E arkit E er*ices " o* " ##.1 #6.# #5.'

E Bloomberg 3onsumer 3omfort 22&o* && 5$.? 51.2

E ew >ome ales !M$$$M% ct #$$ 5?# 56'

E E. of ich. entiment o* ?/ ?1./ ?/.1

11A26A2$1# 43 / oney upply )o) ct 5.' #./ 5.?

11A27A2$1# 43 3onsumer 3onfidence o* && &#.? &6

11A/$A2$1# E 3hicago "urchasing anager o* #5 5'.7 #6.2

E "ending >ome ales o ct 1./ #5 &2./

E =allas ed anf. 9cti*ity o* &1$ &5.? &12.7

12A$1A2$1# E arkit E anufacturing " o* #2.6 #2.' #2.6

E 3onstruction pending o ct $.6 1 $.6

E anufacturing o* #$.# 5'.6 #$.1

E "rices "aid o* 5$ /#.# /?

= ikkei ndonesia " fg o* && 56.? 57.'

= 3" 9 o o* $.17 $.21 &$.1

= 3" )o) o* 5.'# 5.'? 6./= 3" 3ore )o) o* 5.?1 5.77 #.$

43 arkit 4uroIone anufacturing " o* #2.' #2.' #2.'

43 Enemployment 0ate ct 1$.' 1$.7 1$.'

3> anufacturing " o* 5?.' 5?.6 5?.'

3> 3ai<in 3hina " fg o* 5'./ 5'.6 5'./

3> 3ai<in 3hina " 3omposite o* && && 5?.?

3> 3ai<in 3hina " er*ices o* && && #2

12A$2A2$1# E B9 ortgage 9pplications 27&o* && &$.2 &&

E 9=" 4mployment 3hange !M$$$M% o* 1?$ 217 1'2

43 3" 4stimate )o) o* $.2 $.1 $.1

43 3" 3ore )o) o* 9 1.1 $.? 1.1

12A$/A2$1# = oreign 0eser*es !E=bn% o* && && 1$$.743 arkit 4uroIone er*ices " o* #5.6 #5.2 #5.6

43 arkit 4uroIone 3omposite " o* #5.5 #5.2 #5.5

43 0etail ales o ct $.2 &$.1 &$.1

43 43B ain 0efinancing 0ate /&=ec $.$# $.$# $.1

43 43B =eposit acility 0ate /&=ec &$./ &$./ &$.2

43 43B arginal ending acility /&=ec $./ $./ $./

12A$'A2$1# 43 =" 9 NoN /N " && && $./

43 =" 9 )o) /N " && && 1.6

3> Trade Balance !E= bn% o* && && 61.6

3> 4<ports )o) o* && && &6.?

3> mports )o) o* && && &1'.'

12A$?A2$1# 3> 3" )o) o* && && 1./

3> "" )o) o* && && &#.?

12A1$A2$1# 3> ew )uan oans 3) !E= bn% o* && && #1/.6

3> oney upply 2 )o) o* && && 1/.#

12A12A2$1# 3> 0etail ales )o) o* && && 11.$

7/23/2019 20151204_2



3orporate 9ction

Co#ePrice

+ercise!at&rit 2iten Description

@&+ 16# '&ay&1# no*isi nfracom +909 40 @ 093

E&+ 1$$ 21&ay&1# ugih 4nergy +909 40 E> 440)

30&+ 2$$ 1$&8ul&1# Bank +indu -entOana nternational +909 40 B9- +=E -4T899 T409T9

99&+ 1$# 16&8ul&1# ading =e*elopment +909 40 9= =4@4"4T

E"0&+ 5'$$ 2'&9ug&1# olusi Tunas "ratama +909 40 E TE9 "09T99

0&+ 11$ 11&ep&1# ir*ana =e*elopment +909 40 0@99 =4@4"4T

B&+ 15? 11&=ec&1# Bank inar as +909 40 B9- 90 9

Garrant

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tatistics

JCI Ginners (=) JCI osers (=) JCI $a%&e (Rpbn) JCI $o%&2e (2n ot) JCI re (+)

)T= !0p% &1/.1?( /,/67

)T= !E=% #.67( /,?/'

o*ing 9*g 2$day 5,#17 5,'$1

o*ing 9*g #$day 5,5'7 12.?

o*ing 9*g 2$$day 5,'?5 2.'(

In#onesia Sectors H (=) "D (=

3 ndonesia #,52$.2 &$.$ &$.$ &12.6

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7/23/2019 20151204_2


PT Trimegah Securities Tbk - www.trimegah.com TRIM DAILY ?

>istorical Technical Trading deas !1%

?1E o&t o ?47 (73.47=) o&r tec-nica% ca%%s are Correct #&ring 1?31 :ov6?5

"icker ast "ec-nica% Ca%% 31:ov?5 C-g (=) Reco22en#ation

83 5,#61 "rofit Taking5,556

&2.#$( 3orrect

>" ?7,$$$ Buy1$1,?$$

#.$#( 3orrect

9-09 6,$2# Buy6,1$$

1.25( 3orrect

""9 1,?$$ Buy1,'7#

&1./2( ncorrect

BB0 11,/$$ ell1$,77#

&5.6#( 3orrect

BB 5,?'$ ell5,77$

&5.22( 3orrect

9 6,22# ell#,?2#

&5.'2( 3orrect

"icker ast "ec-nica% Ca%% ;7:ov?5 C-g (=) Reco22en#ation

83 5,#?73ontinued treng&

tening 5,#61&$.7?( ncorrect

BB39 1/,#2# Buy1/,1#$

&2.77( ncorrect

0 #1,6$$ Buy#$,$$$

&/.1$( ncorrect

9-09 #,?#$ Buy6,$2#

1.26( 3orrect

T- 2,?#$ pec Buy2,?6$

$./5( 3orrect

" 1,2'# pec Buy1,26#

&1.#6( ncorrect

"+ 56$ Trading Buy5#7

&$.6#( ncorrect

"icker ast "ec-nica% Ca%% ;<:ov?5 C-g (=) Reco22en#ation

83 5,#'63ontinued treng&

tening 5,#?7$.2#( 3orrect

9=0 #'# Buy

#'#

$.$$( 3orrect

BB39 1/,#$$ Buy1/,#2#

$.1?( 3orrect

-9 2,#$# Buy2,5'$

&1.$$( ncorrect

0 #$,5$$ Buy#1,6$$

2./'( 3orrect

= #,/#$ Buy#,57#

2./5( 3orrect

9 6,17# ell6,22#

$.'1( ncorrect


83 5,#5#3ontinued treng&

tening 5,#'6$.''( 3orrect

+-T 1,71# Buy1,72$

$.2?( 3orrect

BB39 1/,57# Buy1/,#$$

$.1?( 3orrect

9=0 #6# Buy#'#

/.#5( 3orrect

0 /7? Buy/'7

2.11( 3orrect

-9 2,#$$ pec Buy2,#$#

$.2$( 3orrect

?,'2# pec Buy?,77#

&$.#1( ncorrect


83 5,#51 "rofit Taking5,#5#

$.$?( ncorrect

E@0 /7,##$ Buy/6,?2#

&1.66( ncorrect

"+ 5#$ Buy5#/

$.67( 3orrect

0 11,5$$ ell 1$,?2# &5.17( 3orrect

+-T 1,72# ell1,71#

&$.#'( 3orrect

0 5?,#$$ ell5?,5$$

&$.2$( 3orrect

"" 16,2#$ Trading ell16,2#$

$.$$(

7/23/2019 20151204_2


PT Trimegah Securities Tbk - www.trimegah.com TRIM DAILY 1$


83 5,#61 "rofit Taking5,#51

&$.55( 3orrect

"T"" /,'7# Buy/,'1#

&1.##( ncorrect

"+ 557 Buy5#$

$.67( 3orrect

BB39 1/,1#$ Buy1/,/$$

1.15( 3orrect

E@0 /7,2#$ Buy/7,##$

$.'1( 3orrect

-94 ?6$ Trading Buy??#

/.6#( 3orrect

"" 1#,?7# Buy16,2#$

1.72( 3orrect


83 5,#1? 3ontinued trengtening5,#61

$.?5( 3orrect

9 6,2#$ Buy6,/$$

$.'$( 3orrect

"+ 5/? Buy557

1.'2( 3orrect

""9 2,$2$ Buy2,$$#

&$.75( ncorrect

80 #,$2# Buy#,$2#

$.$$( 3orrect

9T 5,?2# Trading Buy#,22#

6.$?( 3orrect

"" 1#,7#$ pec Buy1#,?7#

1.5/( 3orrect

"icker ast "ec-nica% Ca%% ?B:ov?5 C-g (=) Reco22en#ation

83 5,5?' 3ontinued trengtening5,#1?

$.57( 3orrect

T" 2$,?$$ Buy21,$2#

$.6$( 3orrect

ET0 17,$#$ Buy17,2$$

$.''( 3orrect

"+ 5// Buy5/?

1./?( 3orrect

"9 2,?1$ Buy/,$7#

#.67( 3orrect

09 72# Buy72#

$.$$( 3orrect

09 1,51# pec Buy1,5?$

#./$( 3orrect

"icker ast "ec-nica% Ca%% ?E:ov?5 C-g (=) Reco22en#ation

83 5,#$1 3ontinued trengtening5,5?'

&$.$7( ncorrect

0 11,1$$ Buy11,#$$

/.6$( 3orrect

T- 2,'1# Buy2,'#$

1.25( 3orrect

>" ?#,1#$ pec Buy

?/,$$$

&2.26( ncorrect

= #,27# pec Buy#,5$$

2./7( 3orrect

BB0 1$,?$$ Trading ell1$,?#$

$.56( ncorrect

3B" 12,6$$ Trading ell12,7#$

1.1?( ncorrect

"icker ast "ec-nica% Ca%% ?7:ov?5 C-g (=) Reco22en#ation

83 5,552 3ontinued trengtening5,#$1

1./2( 3orrect

0 1$,'$$ Buy11,1$$

2.7'( 3orrect

E@0 /6,/$$ Buy/6,/7#

$.21( 3orrect

ET0 17,7$$ Buy17,##$

&$.'#( ncorrect

09 1,5/# pec Buy1,55$

$./#( 3orrect

"-0 1,16$ pec Buy1,17#

1.2?( 3orrect

"9 2,#7# pec Buy2,61$

1./6( 3orrect

9=0 65$ pec Buy $.7'( 3orrect

7/23/2019 20151204_2



>istorical Technical Trading deas !/%

83 5,57/ 3ontinued +eakening5,552

&$.6?( 3orrect

9 6,6$$ pec Buy6,52#

&2.6#( ncorrect

T- 2,7## Buy2,72$

&1.27( ncorrect

>" ?',$2# Buy?#,$#$

&/.$/( ncorrect

0 1$,67# Buy1$,'$$

1.17( 3orrect

TB 6,##$ ell6,57#

&1.1#( 3orrect

9T 5,'2# ell5,76#

&1.25( 3orrect


83 5,562 Epward o*ement5,57/

$.25( 3orrect

99 1',##$ Buy1',$#$

&2.7$( ncorrect

T" 1?,/$$ Buy2$,$$$

/.6/( 3orrect

0 1$,1#$ Buy1$,67#

#.17( 3orrect

T- 2,71# Buy2,7##

1.57( 3orrect

3" 2,7$# ell2,72#

$.75( ncorrect

>" ?5,67# ell?',$2#

/.#5( ncorrect

"icker ast "ec-nica% Ca%% ?;:ov?5 C-g (=) Reco22en#ation

83 5,5#2 uther trengten5,562

$.25( 3orrect

99 1',$$$ pec Buy1',##$

/.$6( 3orrect

" 1,2'$ pec Buy

1,2'#

$./?( 3orrect

0 1$,#$$ Buy1$,1#$

&/.//( ncorrect

T" 1?,/#$ Buy1?,/$$

&$.26( ncorrect

3" 2,67# Trading ell2,7$#

1.12( 3orrect

>" ?7,?$$ ell?5,67#

&/.2?( 3orrect

"icker ast "ec-nica% Ca%% ??:ov?5 C-g (=) Reco22en#ation

83 5,5#1 0ebound5,5#2

$.$1( 3orrect

>" 1$$,#7# Buy?7,?$$

&2.66( ncorrect

09 1,/7$ Buy1,/?$

1.56( 3orrect

+-T 1,6'# Buy 1,6'$ &$./$( ncorrect

+-9 2,7## Buy2,76$

$.1'( 3orrect

"+ 5/# pec Buy5/#

$.$$( 3orrect

0 ?,?#$ pec Buy1$,#$$

#.#/( 3orrect


83 5,#$$ 3ontinued +eakening5,5#1

&1.$'( 3orrect

99 1?,/2# pec Buy1',7$$

&/.2/( ncorrect

9 6,52# pec Buy6,#$$

1.17( 3orrect

>" ?7,77# Buy1$$,#7#

2.'6( ncorrect

-B 1,55$ Trading ell 1,/7$ &5.'6( 3orrect

" 1,/6# ell1,/6#

$.$$( 3orrect

BB0 1$,#7# ell1$,5#$

&1.1'( 3orrect

"9 /,$$$ ell/,1/$

5.//( 3orrect

7/23/2019 20151204_2




"icker ast "ec-nica% Ca%% B:ov?5 C-g (=) Reco22en#ation

83 5,#67 3ontinued +eakening5,#$$

&1.57( 3orrect

E@0 /7,$$$ Buy/6,7$$

&$.'1( ncorrect

T- 2,7/# Buy2,7/$

&$.1'( ncorrect

3" 2,6#$ pec Buy2,6/$

&$.7#( ncorrect

9 1,1$$ pec Buy1,15$

/.65( 3orrect

"9 2,?2# ell2,'1$

&/.?/( 3orrect

9 6,6$$ ell6,52#

&2.6#( 3orrect

"icker ast "ec-nica% Ca%% <:ov?5 C-g (=) Reco22en#ation

83 5,#77 3ontinued +eakening5,#67

&$.2/( 3orrect

"T"" /,7#$ Buy/,71$

&1.$7( ncorrect

+-T 1,6?$ Buy1,7$$

$.#?( 3orrect

0 1$,6#$ Buy 1$,67# $.2/( 3orrect

T- 2,7$# pec Buy2,7/#

1.11( 3orrect

-89 2/6 pec Buy25$

1.6?( 3orrect

9 6,#$$ ell6,6$$

1.#5( ncorrect


83 5,61/ "rofit Taking5,#77

&$.77( 3orrect

1$,5$$ Buy1$,$7#

&/.1/( ncorrect

99 2$,'7# Buy1?,?#$

&5.5/( ncorrect

" 1,#$$ Buy1,56$

&2.67( ncorrect

BB #,$$$ ell5,?5#

&1.1$( 3orrect

BB0 11,$#$ ell1$,72#

&2.?5( 3orrect

9 6,##$ ell6,#$$

&$.76( 3orrect


83 5,#// uther trengten5,61/

1.7#( 3orrect

BB 5,?#$ Buy#,$$$

1.$1( 3orrect

BB0 1$,7$$ Buy11,$#$

/.27( 3orrect

0 1$,2$$ Buy1$,6$$

/.?2( 3orrect

" 1,52# pec Buy1,#$$

#.26( 3orrect

?,7#$ pec Buy1$,5$$

6.67( 3orrect

T- 2,75$ ell2,7/$

&$./6( 3orrect


83 5,56# 3ontinued trengtening 5,#// 1.#/( 3orrect

BB 5,'1# Buy5,?#$

2.'$( 3orrect

BB0 1$,27# Buy1$,7$$

5.15( 3orrect

+-T 1,6'# Buy1,7/#

2.?7( 3orrect

"T"" /,7$# Buy/,7$#

$.$$( 3orrect

0 ?,7#$ Buy1$,2$$

5.62( 3orrect

9 6,2#$ Buy6,52#

2.'$( 3orrect

"icker ast "ec-nica% Ca%% ;:ov?5 C-g (=) Reco22en#ation

83 5,5## 0ebound5,56#

$.22( 3orrect

+-T 1,6/$ Buy1,6'#

/./7( 3orrect

= #,#2# Buy#,'2#

#.5/( 3orrect

99 1?,?$$ Buy1?,?$$

$.$$( 3orrect

0 52,?#$ pec Buy5/,57#

1.22( 3orrect

9 #,?$$ pec Buy6,2#$

#.?/( 3orrect

+-T 1,6/$ Trading Buy1,6'#

/./7( 3orrect

7/23/2019 20151204_2


PT Trimegah Securities Tbk - www.trimegah.com TRIM DAILY 1/

0esearch Team

Sebastian "obing, CA

>ead of 0esearch Q nstitutional Business

!sebastian.tobingRtrimegah.com%

ina o*rina asution, 39

Technical 9nalyst

!gina.nasutionRtrimegah.com%

"aula 0uth

4Cuity 9nalyst

!paulaRtrimegah.com%

9ngga 9ditya 9ssaf

4Cuity 9nalyst

!angga.adityaRtrimegah.com%

+illinoy itorus

4Cuity 9nalyst

!willinoy.sitorusRtrimegah.com%

. =ian ctiana

4Cuity 9nalyst

!dian.octianaRtrimegah.com%

+isnu Budhiargo

4Cuity 9nalyst

!wisnu.budhiargoRtrimegah.com%

"atricia abriela

4Cuity 9nalyst

!patricia.gabrielaRtrimegah.com%

-e*ie 9ditya

4Cuity 9nalyst

!ke*ie.adityaRtrimegah.com%

8ennifer )apply

4Cuity 9nalyst

!Oennifer.yapplyRtrimegah.com%

=ini 9gmi*ia 9nggraeni

i<ed ncomeAacro 9nalyst

!dini.anggraeniRtrimegah.com%

)eni imanOuntak

n&the&ground 9nalyst

!yeni.simanOuntakRtrimegah.com%

0o*andi

0esearch 9ssociate

!ro*andiRtrimegah.com%

nstitutional Bales Team

Danie% Di Sep&tro

>ead of nstitutional 4Cuity ales

!daniel.dwiRtrimegah.com%

=ewi )usnita

4Cuity nstitutional ales

!dewi.yusnitaRtrimegah.com%

eitawati


!meitawati.edianingsihRtrimegah.com%

achruly iater


!fachruly.fiaterRtrimegah.com%

>enry idarta


!henry.sidartaRtrimegah.com%

0aditya 9ndyono


!raditya.andyonoRtrimegah.com%

ancy "ardede


!nancy.pardedeRtrimegah.com%

0etail Bales Team

JA8AR"A ARA

:at-anae% @enn Praseto

>ead of 0etail 43

!benny.prasetyoRtrimegah.com%

9riawan 9nwar

9rtha raha, 8akarta

!ariawan.anwarRtrimegah.com%

+indra =Oulnaily

"luit, 8akarta!windra.dOulnailyRtrimegah.com%

erry Pabur

-elapa ading, 8akarta

!ferry.IaburRtrimegah.com%

4ddy umarli

"uri -encana, 8akarta

!eddy.sumarliRtrimegah.com%

@ery +iOaya

B=, Tangerang

!*ery.wiOayaRtrimegah.com%

S/!A"RA

8uliana 4ffendy

edan, umatera Etara

!Ouliana.effendiRtrimegah.com%

Tantie 0i*i +atie

"ekanbaru, 0iau!tantierwRtrimegah.com%

AS" I:D9:SIA

onny ulOadi

urabaya, 8awa Timur

!sonny.mulOadiRtrimegah.com

i ade =wi >apsari +iOayanti

=enpasar, Bali

!dwihapsari.wiOayantiRtrimegah.com%

*an 8aka "erdana

alang, 8awa Timur

!i*an.perdanaRtrimegah.com%

9rifin "ribadi

akasar, ulawesi elatan

!arifin.pribadiRtrimegah.com%

C:"RA JA$A, ARA

9gus Bambang useno

olo, 8awa Tengah

!agus.susenoRtrimegah.com%

ariana -usuma +atiemarang, 8awa Tengah

ariana.kusumaRtrimegah.com%

GS" JA$A

9sep aepudin

Bandung, 8awa Barat

!asep.saepudinRtrimegah.com%

9riffianto

3irebon, 8awa Barat

!ariffiantoRtrimegah.com%

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8l. 8end. udirman -a*. #2&#/

8akarta 121?$, ndonesia

t. S62&21 2?25 ?$''

f. S62&21 2?25 ?1#$

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!the D4<change 9ctF%% pursuant to the e<emption in 0ule 1#a&6 and any transaction effected by a E.. customer in the securities described in

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20151204_2

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