Delta Dunia Makmur (DOID) is among the best performing stocks year-to-date with 770% gain as investors anticipated improvements in the bottomline. DOID booked net profit of US$25.33 million in the first nine months of 2016 against net loss of US$3.8 million in the corresponding period of 2015.

Ciputra is household name for property. But, plantation? Well, if you read today’s announcement in one national newspaper, you will learn that Ciputra Group is a serious player in plantation sector through the so-called PT Ciputra Plantation Indonesia. What do we know about the plantation business?

Dr Copper and other metals were lifted by US president elect Donald Trump’s US$1 trillion infrastructure plan. On London Metal Exchange (LME), copper, gauge of the global manufacturing industry, ended higher at US$5900 per ton on Friday (Nov 11) against US$5619 per ton on Thursday.

Bayan Resources (BYAN), controlled by Dato’ Low Tuck Kwong and Korea Electric Power (Kepco), booked net loss of US$8.7 million in the first nine months of 2016 against US$27.13 million in the corresponding period of 2015, mostly due to huge impairment charges on coal assets acquired few years back.

Indo Tambangraya Megah (ITMG) booked net profit of US$69.6 million in the first nine months of 2016, down 16.1% from the corresponding period of 2015, thanks to significant improvement in the third quarter. Like other coal producers, ITMG reported substantially higher profit margins in the quarter despite lower average prices.

Nickel has recently returned to above US$11,000 per ton in London Metal Exchange, lifted by broad-based sentiment on metals and specific dynamics in the industry. Relatively stable stock on LME might have also contributed to the recovery.

United Tractors (UNTR) has gained 74.1% from its bottom to become a company with market capitalization of US$6.2 billion. It is now traded with PE multiple 19.6 on annualized EPS from the first nine months of 2016 as investors anticipated stronger performance in the last quarter of the year.

The government has set reference price (HBA) of Indonesian thermal coal (calorific value of 6322 Kcal/Kg) for November 2016 at US$84.89 per ton (FOB vessel), jumped 56% year-on-year. In the international market, tradingeconomics.com recorded US$106.5 per ton on November 4th.

Rally of coal price continues, and so shares of coal producers listed on Indonesia Stock Exchange (IDX). tradingeconomics.com quoted coal price of US$114.75 per ton on November 1st, 2016 to represent 119% gain year-on-year due to perception about supply and demand side in China. Too fast, too soon, some agreed.

Shares of PT Perusahaan Gas Negara (PGAS) Tbk have steadily declined in the past two years. As of today, PGAS is valued only Rp62.06 trillion or 1.5 x equity, eroded significantly due to falling oil and gas prices, while it acquired upstream oil and gas assets at the peak of oil prices.