You may notice that Jakarta
Composite Index (JCI) moves nowhere lately, that it does not go up, but tends
to decline, but with slooow movements. In April the index was closed at 4,839,
and when this article was written, it was at 4,753, or dropped but only 1.7%.
If this position lasted until the end of the month, this month of May would be
the first month in 2016 where the JCI went down, but with a decline of 1 – 2%
only, so we could not say that the market has entered its bear period.
You can contact the author (Teguh Hidayat) by email, teguh.idx@gmail.com. The author live in Jakarta, Indonesia.
See my activities in Instagram, @teguhidx.
Central Omega Resources – Reborn?
In April 2012, I found
a ‘hidden pearl’ in stock of Central Omega Resources (DKFT), which then priced
at Rp1,670, or equal to Rp334 per share after stocksplit, and the analysis was
simple: DKFT posted net income of Rp177 billion in 2011, which is entirely
derived from the export of nickel ore from two mines in Morowali (Central
Sulawesi), and Konawe (Southeast Sulawesi), where the two mines were still in
an early stage of exploration. So if later the company carried out further
exploration, then DKFT would produce more ore, and the company's revenue would
significantly increased. The management themselves had targeting a net income
of Rp475 billion in 2012, and Rp792 billion in 2013, and it was of course very
attractive.
Coal-Related Stocks: Outlook
Until Tuesday, April 26th, 2016, the Jakarta
Composite Index (JCI) closed at 4,814, gained 4.8% since the beginning of the
year, but the index of the mining sector, including coal mines, rose higher at
20.5%. The cause of these substantial gains is pretty clear: The rebound in oil
prices, which two months had been as low as US$ 27, but today the oil traded at
US$ 42 per barrel. On the other hand, one of the largest mining service
company, United Tractors (UNTR), has released its financial statements for the
first quarter 2016, and its profits dropped 55.3% from the same quarter of 2015.
While another coal company, Resource Alam Indonesia (KKGI), its net income rose
but only because of gain in Rupiah exchange rate, while the revenue is still
down.
How to Educate Children to Invest in Stocks
In my book 'The Calm
Investor' (published in Bahasa Indonesia), I said that a child can be taught to
invest in stocks since the age of as early as six years. And a friend then
asked, how? Because, even an adult usually find it hard to learn about stock
investing, let alone a young children? But what if I told you that a young
children can learn more quickly than adults, and are more likely to make a significant
profit in the future?
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