Bank Danamon

Bank Danamon (BDMN) became the first company on the Stock Exchange that has released its financial statements for the period of third quarter (Q3) of 2014/nine months of 2014. And the result? Well, since early of 2014, BDMN is one of the listed banks whose management was not able to deal with the negative impact of the increasing Bank Indonesia Rate (BI Rate), which although the bank managed to increase the revenue, but the operating profit and net profit fell significantly due to the increase in interest expense, and the trend is still going on until now. Until Q3 2014, BDMN posts net profit of Rp2.1 trillion, down 29.9% compared to the same period in 2013.

Prospect of Blue Bird's IPO

Soon, we’ll have another famous company in our stock trading floor. PT Blue Bird, Tbk., and that’s all of the company’s name, is the largest taxi company in Indonesia, as well as the most prominent in its industry, so it was no wonder if the news of the IPO has triggered investor’s curiosity. However, like any other ‘well-known goods’, the shares ain’t sold at low prices, but between Rp7,200 – 9,300 per share, where the nominal value of the shares is only Rp100 per share. The question is, of course, is it worth?

Political Developments & Its Effect on JCI

In one of his annual letters, Warren Buffett once said this, 'We hope that you will stay with us forever (read: be a shareholder of Berkshire Hathaway forever), and will not sell your stock just because you worry about economic and political turmoil in the United States.’ Take a look that Buffett said two words: the economy, and politics. Buffett said the words because, based on his experience as an investor, there are at least two things that can make the American stock markets, including the company's performance in it, decreased, ie the problems related to to the economy and political situations, both in the national and global scale.

Facts Behind the Right Issue of BW Plantation

In last week article about when we, as investors, should buy, hold, and sell our holdings (we call it portfolio rebalancing), I said that you can buy certain stocks if there is an extraordinary event that could occur at any time (so you would not need to wait for the end of the month, let alone the end of the year), say if there are certain stocks whose prices suddenly plummeted. Coincidentally, a few days ago there was another 'extraordinary event', where the stock of BW Plantation (BWPT) suddenly drop from 1,000 in early September to 460, or lost more than half of its market value in a matter of weeks. Even worse, the trading of the stock is now suspended!