Riena Kirana
FR CGS-CIMB (YU) : Banks | PDF
Benign competition in TD from diverging loan growth trends between big and medium-sized banks
OVERWEIGHT - Maintained
Author(s):Jovent GIOVANNY +62 (21) 3006 1727, Timothy HANDERSON

--------------------------------------------------------------------------------


■ In contrast to 2013, big banks are currently more aggressive in raising term deposit (TD) rates compared to medium-sized banks.
■ Based on our observations, BBCA has hiked the most YTD (+125bp) while BBRI has been the most aggressive in terms of special rates – due to its high LDR.
■ We think the differences stem from diverging loan growth and asset quality trends between the big and medium-sized banks.
■ We also think liquidity in medium-sized banks is relatively better (in terms of LDR and secondary reserves balance), suggesting minimal TD competition going forward.
■ We think current liquidity conditions remain relatively ample to support growth. Maintain Overweight; BBNI and BBTN are our picks. Risk is Rupiah depreciation.
Riena Kirana
FR CGS-CIMB (YU) : Perusahaan Gas Negara | PDF
The new boss from Pertamina
PGAS IJ / PGAS.JK | HOLD - Maintained | Rp2,020.00 tp:Rp1,980.00
Mkt.Cap:US$3,304.00m | Avg.Daily Vol:US$10.25m | Free Float:43.00%
Gas Transmission & Dist
Author(s):Aurelia BARUS +62 (21) 3006 1721, Namira LAHUDDIN

--------------------------------------------------------------------------------

■ Mr. Gigih Perkasa, an ex-Director of Planning, Investments, and Risk Management at PT. Pertamina (Persero) has been appointed as PGAS’s new CEO.
■ He joins his Pertamina colleague who became PGAS’ CFO in Apr 2018. According to local new reports, Mr. Gigih is specifically tasked with integrating Pertagas into PGAS.
■ The change in PGAS’s controlling shareholder, from government of Indonesia to Pertamina, arguably raises risks for PGAS’s minority shareholders.
NubieGaris
MIKA
NubieGaris
om @udin_cruiser lbh jelas ya??????
Udin
Ya um..ok begini
NubieGaris
Sepp...
NubieGaris
Snr hitam itu paling kuat...
Snr merah kuat
Snr hijau itu lumayan kuat
NubieGaris
?? cara bacanya ya om @rienakirana
lenny mego
asii ijo Om
NubieGaris
Masuknya bisa buy jika breakout...atau buy jika koreksi
NubieGaris
??
NubieGaris
NubieGaris
7275 hati2 kuat...klo break asyik
NubieGaris
ayoo divote
Hery Hartono
Temen-temen minta waktu nya sebentar untuk isi vote ya....Rencana saya akan onlinekan bot TIME CYCLE DAN PRICE dan memerlukan biaya untuk maintenance fee spy bisa online 24 jam...Berikut ada 3 pilihan untuk biayanya... tolong di bantu vote yah....??
anonymous poll

A. 85-100 rb perbulan – 15
??????? 75%

C. 130-150 rb perbulan – 3
? 15%

B. 110-125 rb perbulan – 2
? 10%

? 20 people voted so far.
NubieGaris
ditunggu sampai jumat malam yaa....
NubieGaris
tram go go 228 yukk
Hery Hartono
yg A menang KO ini ?
NubieGaris
wkwkkw
NubieGaris
ayo vote C om herry
Hery Hartono
gw gak tega gw vote b tadi hahaha
NubieGaris
ilmu copetan lu nih om @hery78
NubieGaris
gw C deh
SMG_NA70
DMAS
SMG_NA70
RBMS
SMG_NA70
SOCI
Hery Hartono
kan dari @TimePriceCycle gw cuma meramaikan hahaha
NubieGaris
hahaha
NubieGaris
NubieGaris
Pas ya 7275 nya high...hehe