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

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■ 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

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■ 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
NubieGaris
NubieGaris
bo 222 seru nih bumi
NubieGaris
ayoo tram..
Luke Syamlan
TRAM break 228 bagus
NubieGaris
semoga break ya om...klo ga bisa swing dulu
NubieGaris
hihi
Udin
?????akra
Udin
?
SMG_NA70
AKRA go go ???
denles
Raja target berapa um nubi ?
NubieGaris
wihh
Udin
Aduhh eraa kelewat?
Udin
Cuma ada dikit
NubieGaris
padahal dah ada map nya
NubieGaris
wkwkwk
Angelie
????
Angelie
yuk yuk yuk??
NubieGaris
NubieGaris
kena resist 3340