MARKET VIEW STOCKS ANALYSIS

000 000 0 Jumat, 24 Februari 17 Widhi Indratmo Nugroho widhi@lautandhana.com (+2 21 5785 1818) MARKET VIEW 54 54 54 54 54 53 53 53 53 53 53 53 53 53 52 52 52 52 52 52 52 52 52 50 51 51 51 51 51 51 51 51 51 50 00 49 COMPOSITE ^JKSE (5,348.3, 5,373.4, 5,347.8, 5,372.75, +14.049) Relative Strength Index (57.3332) 54 54 54 54 54 53 53 53 53 53 53 53 53 53 52 52 52 52 52 52 52 52 52 50 51 51 51 51 51 51 51 51 51 50 00 49 IHSG berhasil menguat kembali di perdagangan kemarin sebesar 0.2% atau 14.0 poin dan ditutup di level 5,372.75. Namun minat jual asing tercatatkan kembali mewarnai pergerakan indeks di perdagangan kemarin sebesar Rp.24.5 miliar. Dan dari sekitar 434 saham yang kemarin aktif di perdagangkan sekitar 179 saham menguat, 141 saham terkoreksi, dan 114 saham tidak mengalami perubahan. Secara keseluruhan pergerakan IHSG di perdagangan hari ini diperkirakan masih akan berfluktuatif dikisaran: : 5,35.09 : 5,395. 99999 000 49999 24999 000 0 0 3 19 27 3 17 9 1 23 13 27 Close Point %Change 52 Weeks Return Market Caps 5,372.75 14.0 0.2% 15.34% 5,8.88 Active Stock Trading Trading Up Down Unchange Volume Value 179 141 114 18.05.31 Sumber: IQPlus STOCKS ANALYSIS ANK RAKYAT INDONESIA (BBRI) BANK MANDIRI (BMRI) 124 1 123 Bank Rakyat Indo (11,925.00, 12,000.00, 11,925.00, 11,925.00, -75.0000) 124 1 123 1 117 Bank Mandiri (Pe (11,1.00, 11,275.00, 11,1.00, 11,1.00, -1.000) 1 117 1 122 120 121 1 122 120 121 1 11 1 1 11 1 120 1 0 120 1 0 115 1 115 1 119 1 118 1 119 1 118 1 114 1 113 114 1 113 117 1 11 117 1 11 1 112 1 112 1 1 1 1 115 1 114 115 1 114 111 111 1 113 1 112 1 113 1 112 1 9 1 9 1 111 1 111 0 8 0 8 1 1 0 0 9 0 9 0 7 0 7 0 8 0 7 0 8 0 7 0 0 5 0 5 Relative Strength Index (.89) Relative Strength Index (42.93) 400 000 000 300 000 0 0 000 000 0 0 9 1 23 13 27 17 000 0 000 17 9 1 23 13 27 000 000 000 000 2 : 175 1 : 0 1 : 11925 2 : 1 2 : 1 1 : 11275 1 : 111 2 : Trading range masih dikisaran level 1 120. Bila harga melemah dan bertahan di bawah level 1 membuka peluang untuk menguji level 1 175 sebagai target koreksi terdekat pertama dan kedua sementara. Namun bila berhasil menembus dan bertahan di atas level 120 membuka peluang untuk menguji level 1 sebagai target sementara. Kekuatan jual yang relatif lemah di perdagangan kemarin membuat masih adanya peluang penguatan harga di perdagangan hari ini untuk menguji kisaran level 11475 sebagai resistance kuat sementara. Dan bila berhasil bertahan di atas 11475 berpeluang untuk menguji 11725 sebagai target sementara. Please refer to important disclosures at the end of this report 1

000 0 0 00 000 0 Jumat, 24 Februari 17 TELEKOMUNIKASI INDONESIA (TLKM) WASKITA KARYA (WSKT) 00 39 39 39 39 39 39 39 39 39 30 38 38 38 38 38 38 38 38 38 30 37 37 37 37 37 37 37 37 37 30 3 3 3 3 3 3 Telekomunikasi Indonesia Tbk (3,8.00, 3,8.00, 3,8.00, 3,8.00, -.0000) 00 39 39 39 39 39 39 39 39 39 30 38 38 38 38 38 38 38 38 38 30 37 37 37 37 37 37 37 37 37 30 3 3 3 3 3 3 27 2 2 2 2 2 2 2 2 2 25 25 25 25 25 25 25 25 25 24 24 24 24 24 24 24 24 24 23 23 23 23 23 23 23 23 23 22 22 22 22 WSKT.JK (2,4.00, 2,5.00, 2,4.00, 2,4.00, +.0000) 27 2 2 2 2 2 2 2 2 2 25 25 25 25 25 25 25 25 25 24 24 24 24 24 24 24 24 24 23 23 23 23 23 23 23 23 23 22 22 22 22 Relative Strength Index (2.87) Relative Strength Index (22.57) -0-0 -0-00 -10 17 9 1 23 13 27 0 00-00 -30-00 -40 19 27 3 17 9 1 23 13 27 000 000 000 000 000 2 : 38 1 : 38 1 : 38 2 : 38 Rekomendasi: Buy on Weakness 2 : 25 1 : 25 1 : 24 2 : 24 Trading range sementara masih dikisaran level 38. Target sementara masih dikisaran level 41 bila berhasil bertahan di atas. Saat ini harga berada di area jenuh jual (oversold) dan membentuk pola bullish harami cross walaupun kurang valid. Namun sampai dengan perdagangan kemarin belum terjadi akumulasi dan selama masih bertahan di bawah level 25 masih berpeluang untuk menguji level 24 sebagai target koreksi pertama dan kedua sementara. SUMMARECON AGUNG (SMRA) WASKITA BETON PRECAST (WSBP) 1475 14 145 14 1455 14 1445 14 1435 14 1425 14 1415 15 1395 1385 13 1375 13 135 13 1355 13 1345 13 1335 13 1325 13 1315 15 1295 1285 12 1275 12 125 Summarecon Agung Tbk (1,5.00, 1,425.00, 1,395.00, 1,0.00, -25.0000) 1475 14 145 14 1455 14 1445 14 1435 14 1425 14 1415 15 1395 1385 13 1375 13 135 13 1355 13 1345 13 1335 13 1325 13 1315 15 1295 1285 12 1275 12 125 45 35 25 15 5 0 595 5 585 5 575 5 55 5 555 5 545 5 535 5 525 5 WSBP.JK (5.000, 55.000, 555.000, 5.000, +0.00) 45 35 25 15 5 0 595 5 585 5 575 5 55 5 555 5 545 5 535 5 525 5 0 800 000 700 700 700 0 0 Relative Strength Index (53.4392) 9 11 12 13 1 17 18 19 23 24 25 2 27 31 1 2 3 7 8 9 13 14 1 17 21 22 23 24 27 28 1 2 3 7 8 9 000 300 000 0 000 0 0-0 -00-17 24 31 7 14 21 28 5 October November December Relative Strength Index (29.3255) 9 1 23 17 13 27 000 2 : 14 1 : 1425 1 : 1395 2 : 13 2 : 5 1 : 55 1 : 555 2 : 5 Target sementara masih dikisaran level 1495 bila harga berhasil menguat dan bertahan di atas level 14. Trading range saat ini dikisaran level 5 5. Target sementara dikisaran level 25 bila harga berhasil menguat dan bertahan di atas level 5. 2

0 000 Jumat, 24 Februari 17 BUMI SERPONG DAMAI (BSDE) PEMBANGUNAN PERUMAHAN (SSMS) 19 19 19 19 19 18 18 18 18 18 18 18 18 18 17 17 17 17 17 17 17 17 17 1 1 1 1 1 1 1 1 1 15 15 15 15 15 15 15 15 19 19 19 19 19 18 18 18 18 18 18 18 18 18 17 17 17 17 17 17 17 17 17 1 1 1 1 1 1 1 1 1 15 15 15 15 15 15 15 15 17 1 1 1 1 1 1 1 1 1 15 15 15 15 15 15 15 15 15 14 14 14 14 14 14 14 14 13 13 13 13 13 13 13 12 12 17 1 1 1 1 1 1 1 1 1 15 15 15 15 15 15 15 15 15 14 14 14 14 14 14 14 14 13 13 13 13 13 13 13 12 12 0 00 5 December 17 9 1 23 13 27 000-30 -30-30 - 27 3 9 1 23 13 27 17 000 000 000 000 000 000 2 : 19 1 : 19 1 : 18 2 : 18 Rekomendasi: Buy on Weakness 2 : 15 1 : 15 1 : 14 2 : 1445 Target sementara masih dikisaran level. Harga masih berada di area jenuh jual (oversold). Adanya kekuatan beli di perdagangan kemarin membuat peluang penguatan sesaat. 3

Jumat, 24 Februari 17 LQ45 TRADING GUIDE Ticker AGRICULTURE Trend Daily Volatility Daily Beta Daily Weekly Last Average AALI 14,0 14,75 14,758 14,0 Bearish Bearish 0.97 1.53% 3.31% LSIP 1,0 1,4 1,3 1,5 Bearish Bearish 0.87 2.01% 3.4% SSMS 1,0 1,4 1,497 1,5 Bearish Bearish 0.71 4.79% 3.07% CPIN 3,0 3,0 3,7 3,1 Bearish Bearish 1.3 4.59% 3.5% MINING Closing Plantation & Others Coal, Oil & Gas, Metal & Other Resources ADRO 1,715 1,85 1,5 1,715 Bearish Bullish 1.29 1.78% 4.34% BUMI 3 3 31 384 Bullish Bullish 0.5 12.94% 3.9% PTBA 11,0 11,075 11,242 11,3 Bullish Bullish 1. 2.48% 3.9% ELSA 414 412 415 418 Bearish Bearish 1. 1.4% 4.74% ANTM 785 7 785 7 Bearish Bearish 0.98 1.28% 4.00% INCO 2,5 2,5 2,13 2, Bearish Bearish 1.34 3.49% 4.54% BASIC INDUSTRY Cement & Others INTP 15,75 15,0 15,75 15,7 Bullish Bullish 1.34 0.9% 2.85% SMGR 9,2 9,175 9,258 9,3 Bullish Bearish 1. 1.91% 2.82% MISC.INDUSTRY Otomotif & Manufacturing of Garments Pivot ASII 8,0 7,925 8,008 8,0 Bullish Bullish 1.35 1.58% 2.81% SRIL 2 27 281 288 Bullish Bullish 1.09 4.35% 4.98% CONSUMER GOODS Foods, Cigarette, Pharmacy & Others ICBP 82 88 8375 Bullish Bearish 0.99 1.52% 2.9% INDF 8,075 8,000 8,07 8,125 Bearish Bearish 1.3 1.5% 2.85% UNVR 42,2 42,175 42,375 42,0 Bearish Bearish 1.0 1.24% 2.19% HMSP 3,8 3,8 3,8 3,8 Bullish Bullish 0.83 1.57% 2.3% GGRM 3,125 2,225 2,883 3,0 Bullish Bullish 1.11 1.73% 2.% KLBF 1,495 1,455 1,482 1,495 Bullish Bullish 1.1 2.75% 2.74% PROPERTY & CONSTRUCTIONS ASRI 3 378 381 384 Bullish Bearish 1.3 1.59% 3.53% BSDE 1,9 1,8 1,0 1,9 Bullish Bullish 1.48 1.% 3.25% LPKR 75 7 77 775 Bearish Bearish 0.92 1.97% 3.44% PPRO 2 9 3 Bearish Bearish 1.13 5.9% 4.72% PWON 5 5 0 15 Bullish Bullish 1.34.03% 3.72% SMRA 1,0 1,395 1,7 1,425 Bullish Bullish 1.4 2.15% 3.7% ADHI 2,2 2,1 2,0 2,2 Bullish Bearish 1.18 4.19% 3.44% PTPP 3,5 3,4 3,523 3,5 Bearish Bearish 1.01 2.29% 2.8% WIKA 2,5 2,5 2,533 2,5 Bullish Bullish 1.17 1.99% 3.07% WSKT 2,4 2,4 2,4 2,5 Bearish Bearish 0.99 2.45% 2.75% INFRASTRUCTURE Energy, Telecommunication, Transportation & Highway, Non Building Construction PGAS 2,8 2,7 2,3 2,8 Bullish Bullish 1.29 5.54% 3.% JSMR 4,9 4,7 4,893 4,9 Bullish Bullish 1.11 5.% 2.57% EXCL 3,2 3,0 3,197 3,2 Bullish Bullish 1.11 4.84% 4.05% TLKM 3,8 3,8 3,847 3,8 Bearish Bearish 1.04 1.04% 2.11% FINANCE Bank & Other Financing BBCA 15,0 15,0 15,492 15,575 Bullish Bullish 0.99 1.14% 1.85% BBNI,325,225,292,325 Bullish Bullish 1.28 1.1% 2.% BBRI 11,925 11,925 11,9 12,000 Bullish Bullish 1.39 0.3% 2.37% BBTN 2,2 2,1 2,227 2,2 Bullish Bullish 1.05 4.11% 2.81% BMRI 11,1 11,1 11,192 11,275 Bearish Bearish 1.32 1.12% 2.37% TRADE & SERVICE Investment Company & Wholesale AKRA,0,0,533,0 Bullish Bullish 0.7 3.13% 3.% UNTR 24, 24,4 24,583 24, Bullish Bullish 1.24 0.82% 3.32% LPPF 14,975 14,0 14,942 15,0 Bullish Bullish 1.23 1.9% 3.27% MNCN 1,535 1,5 1,545 1,5 Bearish Bullish 1.42 2.1% 4.09% SCMA 3,1 2,9 3,0 3,1 Bullish Bullish 1.29 7.14% 3.% MYRX 125 123 124 125 Bullish Bearish 0.73 1.3% 3.35% Sumber: Lautandhana Securindo Note: 1. Bila harga OPEN pada perdagangan hari ini lebih besar (kecil) daripada nilai PIVOT, maka terdapat kemungkinan saham tersebut akan berpotensi menguat (melemah) pada perdagangan hari ini. 2. Beta diatas 1 (b>1) mengindikasikan adanya kemungkinan saham tersebut bergerak melebihi pergerakan pasar. (jika kondisi pasar (IHSG) dalam keadaan bullish (bearish) maka saham tersebut kemungkinan akan naik (turun) melebihi kenaikan (penurunan) pasar) 3. Bila trend daily dan weekly menunjukkan bullish (bearish), maka besar kemungkinan saham tersebut akan menguat (melemah) 4. Daily Volatility merupakan historis dari keuntungan maksimum maupun kerugian maksimum yang dapat diterima investor dalam 1 hari perdagangan. (Last: historis volatilitas pada perdagangan kemarin, Average: rata-rata volatilitas per hari selama 1 tahun perdagangan) 4

Jumat, 24 Februari 17 PT Lautandhana Securindo Wisma Keia 15 th floor Jl. Jendral Sudirman Kav. 3 Jakarta 2 T +2 21 5785 1818 F +2 21 5785 137 EQUITY DIVISION Jakarta Branch Banten Branch Kawasan SCBD Pluit Blok A No. Karawaci Office Park Blok L No.29 Jl. Pluit Selatan Raya No. 1 Lippo Karawaci, Tanggerang Jakarta 144 Banten 15115 T +2 21 7 5345 T +2 21 5577 0718 F +2 21 7 5234 F +2 21 5577 0719 Mangga Dua Square Blok F No.23 Ruko Paramount Centre Blok A No.2 Jl. Gunung Sahari Raya No.1 Jl. Raya Kelapa Dua, Gading Serpong, Tanggerang Jakarta 144 Banten 158 T +2 21 231 3288 T +2 21 21 40 / 21 4731 F +2 21 231 135 F +2 21 21 45 Sentra Bisnis Artha Gading Jl. Boulevard Artha Gading Blok AB Kav.7 Kelapa Gading Barat Palembang Branch Jakarta 142 Jl. Jendral Soedirman No.149/7 T +2 21 57 5893 Ruko Hotel Anugrah F +2 21 5785 139 Palembang 11 T +2 711 35 5 F +2 711 38 234 Bandung Branch Komplek Paskal Hypersquare Blok C No. 15, Kebon Jeruk Medan Branch Bandung 181 Jl. Kartini No.5 T +2 22 8 27 9 Medan 152 F +2 22 8 084 T +2 1 451 8855 F +2 1 451 83 Surabaya Branch Jl. Diponegoro 48D-E Surabaya 24 T +2 31 52 2555 F +2 31 57 1398 Kampus STMIK-STIE MIKROSKIL Jln. Thamrin No.1 DISCLAMER This report has been prepared by PT. Lautandhana Securindo on behalf of itself and its affiliated companies and is provided for information purposes only. Under no circumstances is it to be used or considered as an offer to sell, or a solicitation of any offer to buy. This report has been produced independently and the forecasts, opinions and expectations contained herein are entirely those of PT. Lautandhana Securindo. While all reasonable care has been taken to ensure that information contained herein is not untrue or misleading at the time of publication, PT. Lautandhana Securindo makes no representation as to its accuracy or completeness and it should not be relied upon as such. This report is provided solely for the information of clients of PT. Lautandhana Securindo who are expected to make their own investment decisions without reliance on this report. Neither PT. Lautandhana Securindo nor any officer or employee of PT. Lautandhana Securindo accept any liability whatsoever for any direct or consequential loss arising from any use of this report or its contents. PT. Lautandhana Securindo and/or person connected with it may have acted upon or used the information herein contained, or the research or analysis on which it is based, before publication. 5