VIVAnews - Investors will target shares in four main sectors in 2009: consumer goods, infrastructure, commodity and telecommunication. However, according to PT Indomitra Sekuritas Vice President David Ferdinandus, head of PT Danareksa Sekuritas Research Sebastian Sharp and head of Indonesian Securities Analysts Association (AAEI) Haryajid Ramelan told VIVAnews that market players are also paying attention to shares movements in banking, services, cement, automotive and construction industries.
Earlier, President Director of the Indonesia Stock Exchange (IDX) Erry Firmansyah had said that the three sectors that may support the composite stock price index in 2009 include consumer goods, infrastructure and banking.
According Haryajid Ramelan the shares of four sectors -- telecommunication, mining, infrastructure and agri-business -- may improve.
Regarding the telecommunication industry, new players and tariff competition will not shake the sector. Tariff decrease policy will trigger players in the industry to gain more margin of income.
"The efforts of several companies in developing multimedia and portal businesses may inject more income," said Ramelan.
As for agri-business, in addition to decreasing demand on crude palm oil from India and China, it is expected that the product will still be reliable, taking into account supports from the government. The promising shares in the sector include PT Astra Agro Lestari Tbk (AALI), PT Sampoerna Agro Tbk (SGRO), PT Bakrie Sumatera Plantations Tbk (UNSP) and PT PP London Sumatra Indonesia Tbk (LSIP).
Meanwhile, shares from mining industry that will be targeted by investors include PT Aneka Tambang Tbk (ANTM) and PT Tambang Batubara Bukit Asam Tbk (PTBA). In addition to high demand of commodity to the companies, state-owned enterprises (SOEs) actively share dividends.
In the infrastructure industry, shares that will gain more value include PT Citra Marga Nusaphala Persada Tbk (CMNP), PT Jasa Marga Tbk (SMR), PT Adhi Karya Tbk (ADHI) and PT Wijaya Karya Tbk (WIKA). Today, the share prices are quite low.
The companies are aiming at long-term businesses. "The shares are good for long-term investment. Share prices have plunged too deep. Therefore, it may now strengthen," he said.
Research Head of PT BNI Securities Norico Gaman said that the targeted bluechip shares for the next 12 months include PT Indofood Sukses Makmur Tbk (INDF) with targeted price of Rp 1,350; PT Unilever Indonesia Tbk (UNVR) with Rp 7,000; PT Tambang Batubara Bukit Asam (PTBA) with Rp Rp 18,000 and PT Perusahaan Gas Negara (PGAS) with Rp 7,000.
Meanwhile, PT Jasa Marga Tbk (JSMR) shares is targeted at Rp 3,100; PT Wijaya Karya Tbk (WIKA), Rp 640; PT Semen Gresik (SMGR), Rp 6,300; PT Astra International Tbk (ASII) Rp 35,000.
Global Crisis Impact
Meanwhile, David Ferdinandus said that the impact of global economic crisis may still continue until the first half of 2009, after which it is predicted that the economic situation would recover and attain stability.
"The period will be less profiting. Most of the sectors may sustain and the rest will delay expansion," said Ferdinandus.
In his opinion, prior to the 2009 Elections, the issuers may still hold out during the crisis. "Companies will have to be capable of applying continuous policies," he said.
The growth in mining industry will be affected by people's purchasing power and world oil prices. However, prices at mining sector will not be as fluctuative compared to 2008. The reason for this is that oil prices are predicted to be between US$60 and US$70 per barrel.
Meanwhile, it is expected that banking sector can boost the real sector through interest rate cut.
Translated by: Bonardo Maulana Wahono
Alasan Pemprov DKI Gelontorkan Rp 22,2 M untuk Perbaiki Rumah Dinas Gubernur
Pemerintah Provinsi (Pemprov) DKI Jakarta berencana melakukan restorasi atau perbaikan rumah dinas Gubernur DKI Jakarta yang menggolontorkan anggaran sebesar Rp 22,2 M.
