--- In obrolan-bandar@yahoogroups.com, Efendi <[EMAIL PROTECTED]> wrote: > > > Target Price of Antam Shares IDR8,500 > --------------------------------- > > Wednesday, 21 November 2007 10:30:50 > StockWatch (Jakarta) - Shares of state mining company PT Aneka tambang Tbk (ANTM) are expected to rise at target price of IDR8,500 in the next 12 months based on the corporate actions which the company is going to take. > > BNI Securities' analyst Norico Gaman said that based on the valuation, the company has excellent business condition that will lead the shares to increase in the time to come. ANTM currently trades at dengan P/E of 8.5x based on the 2007 net profit projection and 8.1x based on the 2008 net profit projection. > > Norico Gaman said Aneka Tambang (Antam) is making an evaluation in an effort to buy 7% stake of NTT, for which Antam has received a commitment from three national banks to provide loan of totally US$1.25 billion. Besides, the company ahs received support from the State Enterprise Ministry to acquire NTT. > > The analyst said the acquisition will strengthen Antam's business, and besides, the company is expected to increase gold production by acquiring a gold mining firm while producing nickel and bauxite. That is why, when the acquisition plan is implemented the company will have a higher value. > > He said further that Antam's revenue and net profit are likely to have a strong growth along with increasing prices of mining commodities and the company's higher sales volume. > > Meanwhile, Asia's economic growth is expected to help boost Antam's business growth amid increasing demands for mining products from Asian countries like China, India, Soutj Korea, Taiwan and Japan. (esta/bud) >
SIP : TBUMI Dapat satu dukungan lagi, bahwa ANTM bisa capai Rp. 8500 di 2008. Kalau mulai beli saat ini, keuntungan hampir 100% didepan mata di 2008. Kami masih kasih TP di Rp. 8000, tapi ada yg kasih lebih tinggi lagi di Rp. 8500. Siapa tahu minggu depan ada sekuritas asing kasih lebih tinggi lagi. Thanks. > > --------------------------------- > Be a better sports nut! Let your teams follow you with Yahoo Mobile. Try it now. >
