Tuesday, furniture or property
Since end of 2007, property sector share indicate fully significant increase. Bank Indonesia Certificate now descend to level 8,25% is the trigger to make good property sector selling, besides strengthening stock exchange share that participate to give contribution in property share increase. Basic from Mega Capital Indonesia data, along January until June 2007 property sector share perform increase up to 65%.
Some property share value growth spectacular. Along January to June,15 2007, Bakrieland Development share (code ELTY) increase 96% from IDR150 to IDR310. Pakuwon Jati share (PWON) grow up 88% from IDR800 to IDR1,500. Summarecon Agung share (SMRA) increase 34% from IDR1,170 to IDR1,570.
Mr. Hiramsyah S. Thaib, CEO PT Bakrieland Development Tbk said, since last year Bakrieland made a big expansion in the middle of momentum and home living needs is still high. In this time, Bakrieland have three strategic businesses unit, that are City Development (Rasuna Epicentrum); Hotel & Resort (Bali Nirwana and while build Legian Nirwana); and Landed Residential (Bogor Nirwana Residence). This year Bakrieland succeed receive fund from Right Issue about US$300 Million. Mostly fund used to add land bank in some project that in developed. Meanwhile, this company also does strategic alliance with Avenue Capital Growth that has headquartered in New York, US. Avenue ready to invest in Bakrieland more than US$120 Million. “We also doing talks with investor from Singapore, Malaysia and Europe” said Mr. Hiramsyah.
Bakrieland selling along 2006 reach about US$50 Million. At this year targeted US$80 Million. In a profit side, last year about US$8 Million, and this year predicted US$16 Million. Meanwhile, next year revenue targeted up to US$150 Million.
There are two points that must be watch carefully in property share, fundamental and liquidities. If the fundamental is good but not liquid, risk to reselling. Moreover the property share that in the secondly share, not to be interest for institution investor or company that usually play in blue chips share.
Felix Sindhunata, Head PT Mega Capital Indonesia looks that share prospect in this sector is good enough, as long as more better in economic conditions. Even though average number Price to Book Value (PBV) low enough (0,58). He predicted that property sector in the next coming year will be better than before, because the macroeconomic condition more better makes all developers start to rise.
For collecting property share, investors not only watch the macroeconomics, but also raw material in building construction for all project in Indonesia. Besides that, fundamental factor and share liquidity have been another calculates for the maximum return.
Since end of 2007, property sector share indicate fully significant increase. Bank Indonesia Certificate now descend to level 8,25% is the trigger to make good property sector selling, besides strengthening stock exchange share that participate to give contribution in property share increase. Basic from Mega Capital Indonesia data, along January until June 2007 property sector share perform increase up to 65%.
Some property share value growth spectacular. Along January to June,15 2007, Bakrieland Development share (code ELTY) increase 96% from IDR150 to IDR310. Pakuwon Jati share (PWON) grow up 88% from IDR800 to IDR1,500. Summarecon Agung share (SMRA) increase 34% from IDR1,170 to IDR1,570.
Mr. Hiramsyah S. Thaib, CEO PT Bakrieland Development Tbk said, since last year Bakrieland made a big expansion in the middle of momentum and home living needs is still high. In this time, Bakrieland have three strategic businesses unit, that are City Development (Rasuna Epicentrum); Hotel & Resort (Bali Nirwana and while build Legian Nirwana); and Landed Residential (Bogor Nirwana Residence). This year Bakrieland succeed receive fund from Right Issue about US$300 Million. Mostly fund used to add land bank in some project that in developed. Meanwhile, this company also does strategic alliance with Avenue Capital Growth that has headquartered in New York, US. Avenue ready to invest in Bakrieland more than US$120 Million. “We also doing talks with investor from Singapore, Malaysia and Europe” said Mr. Hiramsyah.
Bakrieland selling along 2006 reach about US$50 Million. At this year targeted US$80 Million. In a profit side, last year about US$8 Million, and this year predicted US$16 Million. Meanwhile, next year revenue targeted up to US$150 Million.
There are two points that must be watch carefully in property share, fundamental and liquidities. If the fundamental is good but not liquid, risk to reselling. Moreover the property share that in the secondly share, not to be interest for institution investor or company that usually play in blue chips share.
Felix Sindhunata, Head PT Mega Capital Indonesia looks that share prospect in this sector is good enough, as long as more better in economic conditions. Even though average number Price to Book Value (PBV) low enough (0,58). He predicted that property sector in the next coming year will be better than before, because the macroeconomic condition more better makes all developers start to rise.
For collecting property share, investors not only watch the macroeconomics, but also raw material in building construction for all project in Indonesia. Besides that, fundamental factor and share liquidity have been another calculates for the maximum return.
No comments:
Post a Comment