TINS We raise our TP to Rp3,475 from Rp1,630. This increase reflects our new ASP, production, and capex assumptions in our model in addition to a lower WACC in our DCF-based valuation to denote the lower market risk. We expect accelerating economic recovery in 2010 to prop up tin demand and support prices. This will help to boost TINS’ revenues starting next year and to push up EPS growth by 147% in 2010 and 42% in 2011. Our new TP implies PE 10F/11F of 12.2/8.6x and EV/EBITDA 10F/11F of 7.1/4.6x. The shares are attractively priced and the upside potential to our new TP is an enticing 60%. BUY Powered by Telkomsel BlackBerry®
-----Original Message----- From: anru.s...@gmail.com Date: Tue, 15 Sep 2009 06:04:49 To: <obrolan-bandar@yahoogroups.com> Subject: Re: [ob] BTEL Strong Buy Hihihi.... Judul seharusnya : oops, telat beli... Hihihi.... Sent from my BlackBerry® powered by Sinyal Kuat INDOSAT -----Original Message----- From: Hanny Handoko Prijadi <kumala0...@yahoo.co.id> Date: Tue, 15 Sep 2009 13:00:06 To: <junior_tra...@yahoogroups.com>; <obrolan-bandar@yahoogroups.com>; <sa...@yahoogroups.com> Subject: [ob] BTEL Strong Buy http://www.inilah.com/berita/ekonomi/2009/09/15/156084/peringkat-btel-turun-jadi-underperform/ YU pengin dapet harga murah. Strong Buy
