21st Indonesia International Motor Show (IIMS 2013) organized by Dyandra

The subsidiary company of PT Dyandra Media International Tbk (DYAN), PT Dyandra Promosindo again organizing the annual car show event, The 21st Indonesia International Motor Show (IIMS) 2013 in Jakarta International Expo (JIExpo) Kemayoran - Jakarta. Officially opened by Indonesia Vice President, Mr Budiono today September 19, 2013.

IIMS known as the biggest automotive exhibition in Indonesia, IIMS hosted by Gaikindo is one of the biggest event which organized by Dyandra.

Theme for IIMS 2013 is 'Smart Vehicle Mobility', where smart mobility solution is the most appropriate choice for today’s urban society. IIMS 2013 will support and highlight steps taken by Indonesian automotive industry to develop innovative technology through the LCGC (Low Cost Green Car) programs.

There will be a 36 sole agent (Agen Pemegang Merek / APM) from 35 APM last year. While the support industry company reached 276 from 260 in 2012.

Gaikindo did not put specific targets sales to Indonesia International Motor Show (IIMS) 2013, but for the same event last year, IIMS 2012 recorded 368.790 visitors and Rp 4.2 trillion for the amount of transaction.

for Indonesia Market Summaries

Indonesia Market Summaries 11 September 2013

• PT Moderland Realty Tbk (MDLN, Rp690) will undertake the acquisition of 51% shares owned by PT Mitra Sindo Sukses (MSS) from Le Vision and 51% shares owned by PT Mitra Sindo Makmur (MSM) from Castlehigh. Currently MDLN already has a 49% stake owned by those two companies. The acquisition plan as an effort to gain additional operational support in terms of land area supply.
• PT Jasa Marga Tbk (JSMR, Rp5.600) targeting total revenue amounted to Rp 6 trillion in 2013. This was done after Jasa Marga will operate 3 new toll roads and encouraging other construction projects. In the second semester of 2013, Jasamarga will target an income of Rp 2,78 trillion, which is obtained through the highway at 68% and the rest through the construction business and other services. (Vibiznews)
• PT Dyandra Media International Tbk (Dyan, Rp240, BUY, TP Rp425) has budgeted approximately Rp 85 billion to buyback shares amid stock market turmoil. The fund is approximately 20% of the value of the paid-up capital and it is from company's retained earnings. (Bisnis.com)

for Indonesia Market Summaries 3 September 2013

PT Dyandra Media International Tbk held a First GMS

PT Dyandra Media International Tbk (DMI) held a First General Meeting of Shareholders (GMS) on June 7, 2013, which is part of company's activity after the IPO in March and registered with the stock code "Dyan". The first GMS was chaired by Lilik Oetama as President Director of PT Dyandra Media International Tbk (DYAN).

In this first GMS, the Company will present the financial performance and the Company's business activities include business plans forward. "GMS is to be our responsibility to the investors who has provided support and trust to the Company. Through the First GMS, the investors will get a clearer picture about the Company and the Company's activities and future plans, "said Danny Budiharto, Operational Director of PT Dyandra Media International Tbk. "We will always try to run the company as much as possible in order to stable DYAN's share price, the Company's performance continues to grow, and has a strong resistance to the effects of the decline in economic conditions that occurred in the country and abroad," he added.

PT Dyandra Media International Tbk Records 69 Percent Revenue Growth

DMI report a business performance in 2012 at the First GMS of PT Dyandra Media International Tbk(Dyan). In 2012 DMI's revenue were growth and increased 69% from Rp 368 billion in 2011 to Rp 624 billion. This was followed by DMI increased net income in 2012, which grew 35% when compared to profits in 2011 at USD 14.4 billion to USD 64.9 billion.

The main portion of revenues in 2012 was contributed by event and exhibition segment (event organizer) 63%, and the increase in supporting event segment. The increase of revenues was also supported by the presence of two new business segments in 2012, the hotel and convention center & exhibition hall segments. Although it's still in the start-up phase, these segments able to contribute a 10% and hotel segment 7% from total revenue in 2012.

DMI will strengthen the business in all segments in 2013

The entire board of commissioners and directors expressed an optimism of PT Dyandra Media International Tbk (DYAN) to its business growth in 2013.

Daswar Marpaung, Corporate Secretary of PT Dyandra Media International Tbk, said that the company has a target growth for about 70%, the same target growth as last year.

This increase was driven by the addition of 4 new hotels which are expected to operate soon, and the operation of Bali Nusa Dua Convention Center (BNDCC) phase II.

For event organizers and exhibition segments, DMI strengthen its portfolio through the establishment of a Joint Venture venture (JV) with the International scale organizer Tarsus Group and UBMMG Holdings SDN BHD. In addition, this segment is also building a new business, namely PT Dyandra Amaradana which focus in the field of impresario (showbiz), which is expected to also increase the company's revenue and profit contribution.

Another thing that encourages optimism is because DMI's businesses is a unique business when compared to other issuers in IDX. It should be noted that in Southeast Asia, DMI is the only company in the field of MICE offering shares to the public through an IPO.

for Indonesia Market Summaries 10 June 2013

Dyandra Media International An eventful year

Dyandra Media International: An eventful year (DYAN, Rp370, Buy, TP: 425)

Part of Kompas Gramedia group, Dyandra Media International (DYAN) is one of the largest event company in the country. We are expecting 30% EPS growth this year driven by higher IIMS revenue and APEC and WTO events to be held in its Bali hall.

Established exhibition portfolios. Since 1995, DYAN has been very active in exhibition organizer space with main portfolios in consumer electronics and automotive. The top 4 exhibitions have been organized annually by DYAN since 2000s. As the growth strategy, DYAN is actively rolling out well accepted exhibitions to new cities in Indonesia.

Busy 2013. The optimism of PT Dyandra Media International in 2013, the 4Q13 will be a hectic quarter for DYAN. 2013 Indonesia International Motor Show has been launched last week (95% of the space has been booked). The 2013 APEC CEO Summit and the 9th WTO Ministerial Conference will be held in its Bali Nusa Dua Convention Center. We forecast revenue will grow by 78% yoy. In 2012, 4th quarter revenue contributed to 34% of FY revenue (15% in 1st quarter).

Strategically part of Kompas Gramedia group. Being part of the largest printed media group posses several advantages for DYAN, mainly in the area of media coverage and business relation. The group is also well known for its conservativeness and good corporate governance.

Initiating coverage with BUY rating and Target Price of Rp425/share. Our TP was derived from sum-of-the-part valuation of event and property business. At our TP, the event business will be valued at 12x PE2013 (10% discount to global peers) and 1.15x current PBV for the property business. The global event companies are trading at average of 13.2x PE2013. PBV method is utilized for the property business as the segment is still on the developing stage.

Risk factors. Cyclical business, high reliability to key personnel and political stability are among the key risks. Full year revenue and net earnings will also be skewed toward the last quarter of the year.

for Indonesia Market Summaries, 14 May 2013

Dyandra Media International seasonality kicks in 1Q13

Dyandra Media International: FY2012 in-line, but seasonality kicks in 1Q13 (DYAN, Rp385, Not rated)

In-line FY2012. Dyandra Media International (DYAN) reported FY2012 revenue of Rp624.2bn (69% yoy growth) and net earnings of Rp64.9 bn (421% yoy), which both are in line with our FY2012 estimate (Rp618bn revenue and Rp64bn net earnings).

1Q net loss due to seasonality. In 1Q2013, DYAN posted Rp4.6bn net loss, a lower loss compare to Rp5.4bn net loss in 1Q2012. The loss was mainly attributed to the cyclicality of the business. On event business, the Indonesia International Motor Show (IIMS), the largest contributor to the revenue and earnings, will only be held in 2H this year. On convention and exhibition center business, we expect that the segment will book significant revenue increase with the growth rate.

Strong revenue growth. Revenue, on the other hand, grew strongly in each segments, where total revenue almost double yoy. The event organizer, supporting and hotel business grew by 107%, 161% and 99%, respectively. Only the convention and exhibition business revenue was lower yoy.

Positive developments in 2013. During the first 4 months of the year, DYAN has topping of the extension of Bali Nusa Dua Convention Center (BNDCC) and opened up an Amaris hotel in Benoa, Bali, which located close to BNDCC. From the IIMS press conference, IIMS will be held from 19-29 September 2013 in JI-Expo Kemayoran, where 35 car manufacturers and growing number of automotive supporting players are expected to join the show.

Positive return since its listing. The stock was up by 10% since its listing and we are currently reviewing our recommendation on the counter.

For Indonesia Market Summaries, 3 May 2013

Performance Reports and Financial statements of PT Dyandra Media International Tbk 2012

Performance Reports and Financial statements of PT Dyandra Media International Tbk (DMI) 2012, marked by the growth rate of the increase in income and net income from Rp 368 billion in 2011 to Rp 624 billion in 2012 (increasing 69%).

Indonesia Market Summaries quote from DMI's Performance Report and Financial Statement in 2012, the main portion of the revenue in 2012 was Event organizer (63%) and supporting events (20%) as well as 2 new business segment in 2012, the Hotel (7%) and a convention and exhibition hall (10%).

This revenue increase also followed by DMI's increasing net income in 2012, which grew 3.5 times when compared with a profit in 2011 at Rp. 14.4 to Rp. 64.9 billion in 2012.

DMI adds 3 new hotels in 2012, Siligita Santika Hotel Bali, Hotel Amaris Panglima Polim II and Hotel Amaris Thamrin City, so the total hotel operated are 6 ​​Hotel now.

While the convention & exhibition center segment is also growing due to the development of Nusa Dua Bali Convention Centre (BNDCC) Phase II, construction began in mid-2012 and expected to be completed in July 2013.

In line with the increase in development projects in hotel and convention & exhibition center, the amount of liabilities (debt) and equity also increased, 26% and 50%. As a result the company ROA increased by 4% to 5%. Likewise with ROE increased respectively by 15% to 18%.

Indonesia International Expo Getting Credit Investment of BRI

Indonesia International Expo Getting Credit Investment of BRI worth Rp. 1.135 trillion

PT Indonesia International Expo Investment signed a loan agreement with PT Bank Rakyat Indonesia Tbk on investment loans worth Rp. 1.135 trillion, which will be used for the construction and development of International convention and exhibition hall.

Indonesian International Expo (IIExpo) which located in Serpong, Tangerang, will be the largest convention and exhibition hall in Indonesia. IIExpo was established on an area of ​​25 hectares with a building area reaches 220.000m2. The project is expected to be completed by mid 2014.

PT Indonesia International Expo is a collaboration between Sinar Mas Land, Kompas Gramedia and PT Dyandra Media International Tbk (Dyandra & Co.). For Dyandra & Co., the IIExpo recorded as the 5th of convention and exhibition hall after Gramedia Expo in Surabaya, Bali Nusa Dua Convention Center, International Convention Center Medan and Makassar International Convention Center.

source: Indonesia International Expo Getting Credit Investment of BRI

PT Dyandra Media International Tbk (DYAN) Oversubscribed 40.6 Times

After conducting the General Offer Period on 15 - 18 and March 19, 2013 to the public investor and analyze the results of incoming requests during the period the stock offering, the number of bookings excess 40.6 times from the pooling portion.

"Potential investors are very enthusiastic about the PT Dyandra Media International Tbk (DYAN), proven by a large number of applicants who apply for share on this 3 days of General Offer Period," said Iman Rachman, Director of Investment Banking of PT Mandiri Sekuritas who act as the underwriters in DYAN's IPO, in its press release today. It is also emphasized by Shiantaraga, Director of PT OSK Nusadana Securities Indonesia who along with PT Mandiri Sekuritas appointed as joint lead underwriters of PT Dyandra Media International Tbk's IPO.

With the stock offering price of Rp 350, - per share, the total funds raised by DYAN expected to Rp 448.7 billion from 1.282 billion new shares, equivalent to 30% of the capital issued and paid-up after the public offering. "The proceeds from the issuance of new shares will be allocated to spur the growth of DYAN's portfolio," as mentioned by Danny Budiharto, Director of Operations PT Dyandra Media International Tbk.



Listed as the official on the Stock Exchange on March 25, 2013

PT Dyandra Media International Tbk will be listed on the Stock Exchange as the issuer on March 25, 2013 with the stock code "DYAN". The company has received final approval to conduct Initial Public Offering (IPO) of the OJK ( Otoritas Jasa Keuangan / Financial Services Authority ) on March 13, 2013.

"Market participants see business opportunities in the field of MICE (Meeting, Incentive, Convention, Exhibition) in Indonesia is very good," said Danny Budiharto DMI as Director of Operations. He added that DYAN stock has a high value as investors hunted for a good long term investment for their portfolio.

PT Dyandra Media International Tbk Offering Prime Shares to the Public

Period of Initial Public Offering: 15,18,19 March 2013

PT Dyandra Media International Tbk (DYAN), also knows as DMI, has been officially declared effective by the Financial Services Authority to conduct an Initial Public Offering (IPO) on March 13, 2013, to mark the DMI has been able to sell shares to the public.

Therefore, commencing on 15, 18 and March 19, 2013, DMI implement the initial public offering to all prospective investors and the general public. Locations of offering conducted in Bapindo Plaza. Mandiri Sekuritas and OSK Nusadana Securities Indonesia as the underwriters of the stock issuance will opening the outlet from 08:00 to 15:00 each day during the public offering.

 

"We are optimistic that the IPO shares will get a positive response from all prospective investors and the general public, as reflected by the feedback was very enthusiastic in bookbuilding period began on February 19, 2013 until March 5, 2013. Moreover, it is supported by the company's position as the market leader in the sector of service industry MICE (Meeting, Incentive, Convention, Exhibition) in Indonesia that continues to grow along with a variety of events handled by DMI. Coupled with the structure and IPO valuations are very attractive to investors, "said Lilik Oetama, President Director of DMI in a press release today.

In this IPO, DMI offered the total number of shares as 1.282 billion new shares at a price of Rp. 350,- per share. DMI hopes from this IPO, could obtain fresh funds amounting to Rp 448,7 billion. "The funds raise from IPO (net proceeds) will be directed to support the development of the company's operations, whether development of DMI's subsidiary, principal repayment of bank debt and working capital," said Lilik Oetama. This year, DMI is developing three buildings, the second phase of Bali Nusa Dua Convention Center (BNDCC) which covering 25,000 square meters, building development of Indonesia International Expo in Bumi Serpong Damai (BSD) South Tangerang, Banten and building development of Makassar International Convention Center located in the Tanjung Bunga
Makassar, South Sulawesi.

The next stage after stock offering, DMI will make allotment of shares on March 21, 2013. And the culmination of the IPO is DMI's shares become a stock listed issuers in Indonesia Stock Exchange with code DYAN on March 25, 2013.