Semoga turun pak minyak buminya. Gak berkaitan ama saham sih, tapi kerjaan saya jadi susah kalo minyak bumi naik terus kayak gini. Turun ke 68 lagi lah, biar kerjaan enak.
--- In obrolan-bandar@yahoogroups.com, "Siswantoro, Dodik" <[EMAIL PROTECTED]> wrote: > > saya melihat kenaikan minyak bumi hanya sementara, ini > disebabkan oleh kebakaran di Meksiko. Kenaikan kuota > OPEC akan secara bertahap langsung dapat menurunkan > harga minyak yang sempat tinggi. > > Harga emas juga akan memasuki tren turun, menunjukkan > inflasi yg moderate dan FED masih punya ruang untuk > turun walau terbatas > > yang aneh ini, harga COAL akan menjulang tapi kok > malah saham BUMI malah turun ???? tanya kenapa > > > Indonesian Coal Mining Shares Surge as China Exports > Decline > > By Michele Batchelor > > Sept. 13 (Bloomberg) -- Coal producers in Indonesia > and Thailand are booming, and so are their shares, as > larger competitors in China turn from exporting to > supplying the domestic market. > > China became a net importer of coal for the first time > this year. Japan and South Korea also are turning to > Jakarta-based PT Bumi Resources and Thailand's Banpu > Pcl, both with mines in Indonesia, the biggest source > of power-station coal. > > ``Coal is a very new sector and that's because of the > structural change in China,'' said Badung Tariono, who > manages the $647 million ABN Amro Energy Fund in > Amsterdam and holds Bumi shares. ``If you believe in > the China story and demand for energy will grow in > line with the economy, it's a no-brainer.'' > > While Bumi shares have more than tripled in value this > year, investors say there is plenty of room for > further gains because they are still cheap. Bumi, > Asia's third-largest coal producer by sales, and rival > Banpu, Thailand's biggest coal miner, are valued at > less than half the industry average. > > Analysts at UBS AG estimate the shift in the Chinese > coal industry has resulted in a loss of 25 million > metric tons from the Asian market outside the country. > That's left Asian consumers short of 11 million tons, > the Swiss bank estimates. > > ``China's move towards net import status has occurred > much faster than expected,'' said Daniel Brebner, a > London-based commodity analyst at UBS. ``Chinese > exports, which have been declining, are unlikely to > reverse over the next 12 months.'' > > Taking Orders > > Bumi, whose stock has soared 219 percent this year to > 2,875 rupiah, has requests from Chinese buyers for 4 > million tons for 2008, an increase of 83 percent from > 2007 orders, Peter Ball, vice president of marketing, > said on Aug. 14. It supplied 1 million tons of coal to > China in 2006. > > Banpu, which is up 65 percent this year to 300 baht, > is planning an initial public offering for its > Indonesian unit to raise funds to expand. Based in > Bangkok, it has Chinese orders for 6 million tons for > 2008, more than twice what it can supply, said Philip > Gasteen, head of marketing and logistics Aug. 14. > > Those contracts aren't yet reflected in the companies' > share prices, investors argue. > > Bumi is valued at 12 times this year's estimated > earnings, while Banpu trades at a multiple of 14 times > earnings. Singapore- listed Straits Asia Resources > Ltd., which plans to spend as much as $400 million > buying mines to double production in Indonesia, is > trading at a ratio of 17 after doubling in value this > year. The shares are at S$1.35. > > `Bullish' > > They compare with the 30 times average current year > estimated earnings for 131 coal producers worldwide, > according to data compiled by Bloomberg. > > The stocks ``have been looking bullish with China > aggressively on the rise,'' said Nimeesha Takalkar, an > analyst at Bank Julius Baer & Co., which manages $350 > billion worldwide. There's a ``supply-side constraint, > which has automatically made the Indonesian coal more > attractive,'' Takalkar said. > > Thermal coal used for power generation accounted for > 87 percent of world coal usage in 2006. Coking coal, > used in steel production, made up the rest, according > to the Australian Bureau of Agricultural and Resource > Economics. > > Thermal coal is the fastest-growing energy source as > rising oil prices prompt users to switch fuels, the > U.S. Energy Information Administration said. Coal's > share of total world energy may climb to 28 percent in > 2030, from 26 percent in 2004, the agency said in a > May 22 report. > > Indonesia, Asia's third-largest coal producer, may > increase output by 34 percent within three years as > Chinese exports drop, Credit Suisse Group said in > August. > > Following China > > One risk is that Indonesia, whose population of about > 235 million is roughly equal to Germany, France, the > U.K. and Spain combined, might follow China and cut > shipments as new power generators increase domestic > demand. > > The government plans to add 20,000 megawatts of > generating capacity, fired by coal, by 2010. That will > add as much as 70 million tons to domestic demand > annually, according to Indonesia's national coal > association. Indonesian utilities consumed 45 million > tons of coal last year. > > ``Indonesia could add 15 million tons of coal to the > Asian market this year,'' said UBS analyst Brebner. > ``However, it pales in comparison to the 45 million > tons or so added in 2006.'' > > Demand is demand, whether it comes from China, > Indonesia or other Asian markets, according to Elan > Cohen, a Singapore-based portfolio manager at JPMorgan > Private Bank, who helps manage money for clients with > at least $50 million. > > ``A lot of our clients have been investing in > Indonesian coal companies,'' he said ``There's a big > flow of capital going into the coal mining areas'' in > Indonesia. > > `Better Story' > > What's more, the valuations of Bumi, Banpu and Straits > Asia are also half those for Chinese coal producers > swept up in a rally that has more than doubled the > value of the nation's benchmark CSI 300 Index this > year. That makes those companies more attractive to > buy, said Greg Kuhnert, who manages about $1 billion > in Asian equities, at Investec Asset Management in > London. > > China Shenhua Energy Co., the nation's largest, is > valued at 30 times this year's estimated earnings, > while China Coal Energy Co., the second biggest, is at > 34 times. > > Bumi ``is a better story and looks cheaper than the > Chinese ones,'' said Kuhnert, who bought Bumi shares > in recent months. > > To contact the reporter on this story: Michele > Batchelor in Singapore at [EMAIL PROTECTED] > > > > > > _____________________________________________________________________ _______________ > Pinpoint customers who are looking for what you sell. > http://searchmarketing.yahoo.com/ >
