Search:
Tuesday, Oct-15 2019 09:38 WIB
  • AGRI 1,349.630 1.350 (0.100%)
  • BASIC-IND 869.080 5.360 (0.621%)
  • BISNIS-27 529.000 -1.390 (-0.262%)
  • COMPOSITE 6,121.060 -5.820 (-0.095%)
  • CONSUMER 2,160.320 -3.830 (-0.177%)
  • DBX 1,145.260 3.710 (0.325%)
  • FINANCE 1,229.920 -4.060 (-0.329%)
  • I-GRADE 169.870 -0.280 (-0.165%)
  • IDX30 518.500 -1.240 (-0.239%)
  • IDX80 135.690 -0.240 (-0.177%)
  • IDXBUMN20 374.410 -0.980 (-0.261%)
  • IDXG30 134.900 0.000 (0.000%)
  • IDXHIDIV20 471.000 -1.350 (-0.286%)
  • IDXSMC-COM 265.580 0.150 (0.057%)
  • IDXSMC-LIQ 315.030 -0.080 (-0.025%)
  • IDXV30 134.860 0.200 (0.149%)
  • INFOBANK15 937.280 -3.910 (-0.415%)
  • INFRASTRUC 1,208.810 -1.180 (-0.098%)
  • Investor33 443.860 -1.490 (-0.335%)
  • ISSI 188.140 0.120 (0.064%)
  • JII 676.530 -0.350 (-0.052%)
  • JII70 230.350 -0.020 (-0.009%)
  • KOMPAS100 1,223.320 -2.250 (-0.184%)
  • LQ45 952.130 -2.340 (-0.245%)
  • MANUFACTUR 1,430.210 0.850 (0.059%)
  • MBX 1,696.550 -2.640 (-0.155%)
  • MINING 1,607.590 -4.270 (-0.265%)
  • MISC-IND 1,145.640 -2.380 (-0.207%)
  • MNC36 331.870 -1.130 (-0.339%)
  • PEFINDO25 345.010 -0.020 (-0.006%)
  • PROPERTY 500.000 -0.310 (-0.062%)
  • SMinfra18 319.220 0.830 (0.261%)
  • SRI-KEHATI 380.020 -1.200 (-0.315%)
  • TOTAL_MARKET 6,121.070 -5.810 (-0.095%)
  • TRADE 800.760 1.780 (0.223%)
  • © 2010 IMQ - LKBN ANTARA
  • AALI 10,675 25 (0.23%)
  • ABBA 155 4 (2.65%)
  • ABMM 1,490 -30 (-1.97%)
  • ACES 1,820 35 (1.96%)
  • ADHI 1,225 5 (0.41%)
  • ADMG 183 -2 (-1.08%)
  • ADRO 1,295 0 (0.00%)
  • AGII 600 10 (1.69%)
  • AGRO 210 4 (1.94%)
  • AGRS 180 -2 (-1.10%)
  • AHAP 70 -1 (-1.41%)
  • AKKU 50 0 (0.00%)
  • AKRA 4,210 -50 (-1.17%)
  • AKSI 810 5 (0.62%)
  • ALDO 378 0 (0.00%)
  • AMAG 314 32 (11.35%)
  • AMRT 945 5 (0.53%)
  • ANDI 1,910 30 (1.60%)
  • ANJT 830 0 (0.00%)
  • ANTM 985 -15 (-1.50%)
  • APEX 490 -65 (-11.71%)
  • APIC 735 -5 (-0.68%)
  • APLN 228 -2 (-0.87%)
  • APOL-W2 30 5 (20.00%)
  • ARKA 1,720 5 (0.29%) © 2010 IMQ - LKBN ANTARA
  • ARMY 197 -3 (-1.50%)
  • ARNA 500 -15 (-2.91%)
  • ASGR 1,000 5 (0.50%)
  • ASII 6,400 -25 (-0.39%)
  • ASRI 276 0 (0.00%)
  • ASSA 740 5 (0.68%)
  • AUTO 1,145 -5 (-0.43%)
  • BABP 50 0 (0.00%)
  • BABP-W3 37 0 (0.00%)
  • BAJA 89 3 (3.49%)
  • BAPA 82 -2 (-2.38%)
  • BAPI 50 0 (0.00%)
  • BAPI-W 7 0 (0.00%)
  • BAYU 1,285 -10 (-0.77%)
  • BBCA 30,775 -225 (-0.73%)
  • BBHI 186 0 (0.00%)
  • BBKP 264 0 (0.00%)
  • BBNI 6,900 -25 (-0.36%)
  • BBRI 3,930 10 (0.26%)
  • BBTN 1,880 -25 (-1.31%)
  • BBYB 308 8 (2.67%)
  • BCAP 151 4 (2.72%)
  • BCIP 83 1 (1.22%)
  • BDMN 4,570 10 (0.22%)
  • BEEF 336 4 (1.20%) © 2010 IMQ - LKBN ANTARA
  • BEEF-W 38 0 (0.00%)
  • BELL 510 -5 (-0.97%)
  • BEST 256 -6 (-2.29%)
  • BFIN 590 0 (0.00%)
  • BGTG 66 -1 (-1.49%)
  • BHIT 70 -1 (-1.41%)
  • BIPI 50 0 (0.00%)
  • BIPI-W 11 -1 (-8.33%)
  • BIRD 2,430 -10 (-0.41%)
  • BISI 1,365 -5 (-0.36%)
  • BJBR 1,660 10 (0.61%)
  • BJTM 645 5 (0.78%)
  • BKSL 116 1 (0.87%)
  • BKSL-W 23 1 (4.55%)
  • BKSW 220 0 (0.00%)
  • BLUE 545 0 (0.00%)
  • BMAS 300 8 (2.74%)
  • BMRI 6,500 -100 (-1.52%)
  • BMTR 340 0 (0.00%)
  • BNBA 320 6 (1.91%)
  • BNGA 965 -5 (-0.52%)
  • BNII 216 0 (0.00%)
  • BNLI 1,185 5 (0.42%)
  • BOGA 795 -5 (-0.62%)
  • BOLA 362 0 (0.00%) © 2010 IMQ - LKBN ANTARA
  • BOSS 740 -10 (-1.33%)
  • BRIS 390 2 (0.52%)
  • BRMS 50 0 (0.00%)
  • BRPT 925 10 (1.09%)
  • BRPT-W 550 -45 (-7.56%)
  • BSDE 1,380 -10 (-0.72%)
  • BSSR 1,825 15 (0.83%)
  • BTEK 67 -1 (-1.47%)
  • BTPN 3,190 0 (0.00%)
  • BTPS 3,830 80 (2.13%)
  • BUDI 102 0 (0.00%)
  • BULL 196 1 (0.51%)
  • BUMI 82 0 (0.00%)
  • BVIC 167 1 (0.60%)
  • BWPT 118 0 (0.00%)
  • CAKK 101 1 (1.00%)
  • CAKK-W 20 0 (0.00%)
  • CAMP 412 -12 (-2.83%)
  • CARS 220 0 (0.00%)
  • CCSI 270 0 (0.00%)
  • CENT 76 0 (0.00%)
  • CFIN 294 0 (0.00%)
  • CLAY 5,425 25 (0.46%)
  • CLEO 555 0 (0.00%)
  • CMNP 1,900 -15 (-0.78%) © 2010 IMQ - LKBN ANTARA
  • CNKO 50 0 (0.00%)
  • COCO 925 0 (0.00%)
  • CPIN 5,500 0 (0.00%)
  • CPRI 55 1 (1.85%)
  • CPRI-W 20 0 (0.00%)
  • CSIS 98 2 (2.08%)
  • CTRA 1,150 0 (0.00%)
  • CTTH 87 0 (0.00%)
  • DEAL 1,650 10 (0.61%)
  • DFAM 1,025 0 (0.00%)
  • DILD 378 2 (0.53%)
  • DIVA 3,800 0 (0.00%)
  • DKFT 206 0 (0.00%)
  • DMAS 308 0 (0.00%)
  • DOID 322 0 (0.00%)
  • DSFI 113 -3 (-2.59%)
  • DSNG 330 0 (0.00%)
  • DUCK 1,710 -10 (-0.58%)
  • DWGL-W 71 -1 (-1.39%)
  • EAST 113 -2 (-1.74%)
  • EAST-W 11 0 (0.00%)
  • ECII 1,090 -30 (-2.68%)
  • EKAD 860 5 (0.58%)
  • ELSA 322 0 (0.00%)
  • ENRG 56 0 (0.00%) © 2010 IMQ - LKBN ANTARA
  • ENVY 2,060 20 (0.98%)
  • ERAA 1,650 0 (0.00%)
  • ESSA 254 2 (0.79%)
  • ESTI 98 0 (0.00%)
  • EXCL 3,510 20 (0.57%)
  • FASW 7,725 75 (0.98%)
  • FILM 214 -2 (-0.93%)
  • FIRE 2,460 -30 (-1.20%)
  • FITT 89 0 (0.00%)
  • FITT-W 34 -6 (-15.00%)
  • FOOD 130 1 (0.78%)
  • FORZ 975 -10 (-1.02%)
  • FREN 170 2 (1.19%)
  • FREN-W 99 -3 (-2.94%)
  • FUJI 121 -1 (-0.82%)
  • GDST 90 2 (2.27%)
  • GGRM 53,775 -100 (-0.19%)
  • GGRP 725 -10 (-1.36%)
  • GIAA 560 -5 (-0.88%)
  • GJTL 620 -5 (-0.80%)
  • GMFI 194 1 (0.52%)
  • GOOD 1,575 5 (0.32%)
  • GZCO 50 0 (0.00%)
  • HEAL 3,470 30 (0.87%)
  • HERO 735 5 (0.68%) © 2010 IMQ - LKBN ANTARA
  • HEXA 2,900 -20 (-0.68%)
  • HITS 625 20 (3.31%)
  • HKMU 316 0 (0.00%)
  • HMSP 2,260 -10 (-0.44%)
  • HOKI 915 -15 (-1.61%)
  • HOME 80 0 (0.00%)
  • HRME 1,085 -15 (-1.36%)
  • HRTA 332 -2 (-0.60%)
  • HRUM 1,260 0 (0.00%)
  • ICBP 11,575 -25 (-0.22%)
  • IIKP 50 0 (0.00%)
  • IKAI 172 0 (0.00%)
  • IMAS 1,415 15 (1.07%)
  • IMJS 390 2 (0.52%)
  • IMPC 1,035 0 (0.00%)
  • INAF 1,310 -25 (-1.87%)
  • INCF 57 -1 (-1.72%)
  • INCI 406 2 (0.50%)
  • INCO 3,770 -60 (-1.57%)
  • INDF 7,750 50 (0.65%)
  • INDR 3,500 0 (0.00%)
  • INDS 2,720 30 (1.12%)
  • INDY 1,285 0 (0.00%)
  • INKP 6,225 -50 (-0.80%)
  • INOV 394 10 (2.60%) © 2010 IMQ - LKBN ANTARA
  • INPC 68 1 (1.49%)
  • INTA 458 -2 (-0.43%)
  • INTD 150 0 (0.00%)
  • INTP 19,125 175 (0.92%)
  • IPCC 1,045 -25 (-2.34%)
  • IPTV 515 0 (0.00%)
  • IPTV-W 97 5 (5.43%)
  • IRRA 560 186 (49.73%)
  • ISAT 3,090 50 (1.64%)
  • ISSP 179 0 (0.00%)
  • ITIC 1,325 -10 (-0.75%)
  • ITMA 675 -50 (-6.90%)
  • ITMA-W 142 141 (14,100.00%)
  • ITMG 13,100 -50 (-0.38%)
  • JAST 1,640 15 (0.92%)
  • JAYA 93 0 (0.00%)
  • JAYA-W 19 0 (0.00%)
  • JPFA 1,580 -5 (-0.32%)
  • JRPT 615 0 (0.00%)
  • JSKY 434 6 (1.40%)
  • JSMR 5,600 -25 (-0.44%)
  • JTPE 900 -5 (-0.55%)
  • KAEF 2,780 0 (0.00%)
  • KARW 84 -1 (-1.18%)
  • KAYU 184 -2 (-1.08%) © 2010 IMQ - LKBN ANTARA
  • KBLI 630 -5 (-0.79%)
  • KBLM 282 -12 (-4.08%)
  • KEEN 600 0 (0.00%)
  • KIAS 82 2 (2.50%)
  • KICI 334 0 (0.00%)
  • KIJA 314 0 (0.00%)
  • KINO 3,920 20 (0.51%)
  • KIOS 352 0 (0.00%)
  • KLBF 1,660 -10 (-0.60%)
  • KOBX 150 -2 (-1.32%)
  • KONI 600 -140 (-18.92%)
  • KOPI 630 0 (0.00%)
  • KOTA 625 5 (0.81%)
  • KOTA-W 46 12 (35.29%)
  • KPAL 565 10 (1.80%)
  • KPAS 97 0 (0.00%)
  • KPAS-W 23 -2 (-8.00%)
  • KPIG 135 2 (1.50%)
  • KRAS 344 8 (2.38%)
  • KREN 520 10 (1.96%)
  • LINK 4,220 0 (0.00%)
  • LMAS 57 -3 (-5.00%)
  • LMPI 149 0 (0.00%)
  • LPCK 1,275 -15 (-1.16%)
  • LPIN 270 -4 (-1.46%) © 2010 IMQ - LKBN ANTARA
  • LPKR 230 0 (0.00%)
  • LPLI 120 -5 (-4.00%)
  • LPPF 4,100 70 (1.74%)
  • LPPS 93 -1 (-1.06%)
  • LRNA 147 0 (0.00%)
  • LSIP 1,230 -5 (-0.40%)
  • LUCK 1,465 0 (0.00%)
  • MAIN 935 -10 (-1.06%)
  • MAMI 222 2 (0.91%)
  • MAMI-W 57 -1 (-1.72%)
  • MAPI 1,105 55 (5.24%)
  • MARK 472 -2 (-0.42%)
  • MBAP 1,915 0 (0.00%)
  • MBSS 498 2 (0.40%)
  • MCAS 3,320 -20 (-0.60%)
  • MCOR 131 1 (0.77%)
  • MDKA 6,475 100 (1.57%)
  • MDKI 240 12 (5.26%)
  • MEDC 650 -15 (-2.26%)
  • MGNA 50 0 (0.00%)
  • MGRO 880 5 (0.57%)
  • MIKA 2,660 -60 (-2.21%)
  • MINA 1,580 -30 (-1.86%)
  • MKNT 50 0 (0.00%)
  • MLIA 1,310 0 (0.00%) © 2010 IMQ - LKBN ANTARA
  • MLPL 91 1 (1.11%)
  • MNCN 1,305 -5 (-0.38%)
  • MPMX 700 15 (2.19%)
  • MPOW 172 -4 (-2.27%)
  • MPPA 179 2 (1.13%)
  • MREI 4,200 -200 (-4.55%)
  • MSIN 454 0 (0.00%)
  • MTDL 1,370 10 (0.74%)
  • MTPS 1,360 -15 (-1.09%)
  • MTRA 364 2 (0.55%)
  • MTWI 79 -1 (-1.25%)
  • MYOH 1,230 -15 (-1.20%)
  • MYOR 2,200 -20 (-0.90%)
  • MYRX 92 -1 (-1.08%)
  • MYTX 59 -6 (-9.23%)
  • NASA 775 -10 (-1.27%)
  • NATO 905 0 (0.00%)
  • NFCX 3,370 0 (0.00%)
  • NIKL 1,010 20 (2.02%)
  • NUSA 76 0 (0.00%)
  • NUSA-W 10 0 (0.00%)
  • NZIA 1,030 25 (2.49%)
  • NZIA-W 193 1 (0.52%)
  • OKAS 199 -1 (-0.50%)
  • OMRE 1,600 -10 (-0.62%) © 2010 IMQ - LKBN ANTARA
  • OPMS 268 -2 (-0.74%)
  • PAMG 144 0 (0.00%)
  • PANI 101 1 (1.00%)
  • PANR 372 -2 (-0.53%)
  • PBID 990 -5 (-0.50%)
  • PCAR 2,080 -20 (-0.95%)
  • PEHA 1,245 -5 (-0.40%)
  • PGAS 2,210 30 (1.38%)
  • PGLI 246 16 (6.96%)
  • PICO 3,840 0 (0.00%)
  • PJAA 1,000 10 (1.01%)
  • PKPK 78 -1 (-1.27%)
  • PNBN 1,285 25 (1.98%)
  • PNBS 50 0 (0.00%)
  • PNIN 1,125 0 (0.00%)
  • PNLF 272 4 (1.49%)
  • POLI 1,325 -5 (-0.38%)
  • POLL 7,000 25 (0.36%)
  • POLY 67 2 (3.08%)
  • POOL 1,730 -20 (-1.14%)
  • POSA 109 -2 (-1.80%)
  • POSA-W 7 0 (0.00%)
  • POWR 1,140 40 (3.64%)
  • PPRE 312 -2 (-0.64%)
  • PPRO 99 -1 (-1.00%) © 2010 IMQ - LKBN ANTARA
  • PRIM 344 14 (4.24%)
  • PSAB 344 14 (4.24%)
  • PSSI 184 2 (1.10%)
  • PTBA 2,220 -30 (-1.33%)
  • PTPP 1,630 0 (0.00%)
  • PTRO 1,350 0 (0.00%)
  • PTSN 370 0 (0.00%)
  • PURE 520 20 (4.00%)
  • PURE-W 148 13 (9.63%)
  • PWON 620 -15 (-2.36%)
  • PZZA 1,080 0 (0.00%)
  • RAJA 246 0 (0.00%)
  • RALS 1,270 -5 (-0.39%)
  • RBMS 86 0 (0.00%)
  • RICY 145 -9 (-5.84%)
  • RIMO 126 2 (1.61%)
  • RISE 665 5 (0.76%)
  • RMBA 360 16 (4.65%)
  • RODA 230 26 (12.75%)
  • SAME 460 -4 (-0.86%)
  • SATU 110 -3 (-2.65%)
  • SCMA 1,105 5 (0.45%)
  • SDMU 50 0 (0.00%)
  • SFAN 1,055 -30 (-2.76%)
  • SHIP 800 -5 (-0.62%) © 2010 IMQ - LKBN ANTARA
  • SIDO 1,200 15 (1.27%)
  • SILO 7,375 -175 (-2.32%)
  • SIMA 70 4 (6.06%)
  • SIMP 330 2 (0.61%)
  • SKRN 525 10 (1.94%)
  • SKYB 76 -3 (-3.80%)
  • SLIS 785 155 (24.60%)
  • SMBR 620 15 (2.48%)
  • SMCB 1,320 -15 (-1.12%)
  • SMGR 12,225 125 (1.03%)
  • SMKL 230 2 (0.88%)
  • SMKL-W 28 -1 (-3.45%)
  • SMMT 119 0 (0.00%)
  • SMRA 1,195 30 (2.58%)
  • SMRU 50 0 (0.00%)
  • SMSM 1,480 5 (0.34%)
  • SOCI 196 0 (0.00%)
  • SOTS-W 85 -1 (-1.16%)
  • SRIL 284 -2 (-0.70%)
  • SRSN 68 1 (1.49%)
  • SRTG 3,650 0 (0.00%)
  • SSIA 805 0 (0.00%)
  • SSMS 900 0 (0.00%)
  • SULI 51 1 (2.00%)
  • SWAT 107 0 (0.00%) © 2010 IMQ - LKBN ANTARA
  • TAMU 470 2 (0.43%)
  • TARA 760 0 (0.00%)
  • TAXI 50 0 (0.00%)
  • TBIG 6,700 -125 (-1.83%)
  • TBLA 940 0 (0.00%)
  • TBMS 900 60 (7.14%)
  • TCPI 6,450 -250 (-3.73%)
  • TDPM 308 4 (1.32%)
  • TELE 328 24 (7.89%)
  • TFAS 212 2 (0.95%)
  • TGRA 880 0 (0.00%)
  • TIFA 170 -2 (-1.16%)
  • TINS 895 -10 (-1.10%)
  • TIRA 254 24 (10.43%)
  • TIRT 74 4 (5.71%)
  • TKIM 9,825 -100 (-1.01%)
  • TLKM 4,180 -10 (-0.24%)
  • TMAS 117 0 (0.00%)
  • TNCA 306 -2 (-0.65%)
  • TOPS 585 -5 (-0.85%)
  • TOTL 432 -6 (-1.37%)
  • TOWR 660 5 (0.76%)
  • TPIA 9,125 125 (1.39%)
  • TRAM 112 -2 (-1.75%)
  • TRAM-W 45 -2 (-4.26%) © 2010 IMQ - LKBN ANTARA
  • TRUK 114 -1 (-0.87%)
  • TSPC 1,490 5 (0.34%)
  • ULTJ 1,520 -10 (-0.65%)
  • UNSP 91 1 (1.11%)
  • UNTR 20,775 150 (0.73%)
  • UNVR 44,425 -75 (-0.17%)
  • URBN-W 51 0 (0.00%)
  • VINS-W 15 0 (0.00%)
  • VIVA 90 -2 (-2.17%)
  • VOKS 326 0 (0.00%)
  • WAPO 98 2 (2.08%)
  • WEGE 316 0 (0.00%)
  • WEHA 148 -1 (-0.67%)
  • WIIM 188 1 (0.53%)
  • WIKA 1,890 -15 (-0.79%)
  • WOMF 260 6 (2.36%)
  • WOOD 810 0 (0.00%)
  • WSBP 330 0 (0.00%)
  • WSKT 1,540 -5 (-0.32%)
  • WTON 458 -4 (-0.87%)
  • YELO 114 0 (0.00%)
  • ZINC 432 8 (1.89%)
Melihat Kinerja Mahkota Group Kembangkan Bisnis di Sektor Hilir
Published: 22 Apr 2019 09:25 WIB


IMQ, Jakarta —  PT Mahkota Group Tbk tengah fokus untuk mengembangkan bisnis di sektor hilir.

Perusahaan dengan kode emiten MGRO ini akan mengoperasikan pabrik refinery melalui anak usahanya PT Intan Sejati Andalan dan kernel crushing plant di Dumai pada Juni tahun ini.

Pabrik ini nantinya akan menghasilkan minyak goreng dengan kapasitas produksi 1.500 ton per hari, sementara kernel crushing plant bakal menghasilkan minyak inti sawit sebesar 400 ton per hari.

Melalui anak usaha PT Dumai Pracipta Abadi, perseroan akan menambahan tangki timbun ini sebesar 20.000 metrik ton, saat ini mereka memiliki tangki timbun dengan kapasitas 76.000 ton.

Guna melancarkan fokus bisnis yaitu hilirisasi dengan membangun pabrik refinery serta menambah tangki timbun tersebut, perseroan sudah menyiapkan belanja modal sebesar Rp 200 miliar. Dana diperoleh dari hasil dana IPO dan sebagian dari pinjaman bank.

Untuk membangun pabrik itu, perseroan memerlukan dana sebesar Rp 330 miliar, yang mana dana dari hasil IPO sebesar 90 miliar, Rp 120 miliar dari kas internal, serta Rp 120 miliar dari pinjaman bank.

Dengan beroperasinya pabrik tersebut, MGRO membidik pendapatan sebesar Rp 5 triliun naik sekitar Rp 150% dengan laba bersih sebanyak Rp 123 miliar. Sepanjang tahun lalu, perseroan berhasil memperoleh pendapatan sebesar Rp 2 triliun.

Berdasarkan laporan keuangan MGRO pada kuartal III 2018, perseroan mengantongi pendapatan sebesar Rp 1,46 triliun naik 19% ketimbang periode yang sama 2017 sebesar Rp 1,23 triliun.

Pendapatan mereka dari penjualan CPO sebesar Rp 1,1triliun, sampai September 2018 mereka berhasil membukukan laba sebanyak Rp 45,41 miliar.

Sedangkan analis Panin Sekuritas, William Hartanto mengatakan, kinerja PT Mahkota Group Tbk (MGRO) diprediksi akan positif seiring meningkatnya aset emiten perkebunan ini.

"Dengan meningkatnya aset MGRO pada enam bulan pertama tahun lalu, maka diperkirakan kinerja keuangan akan ikut meningkat," katanya dalam risetnya.

William menilai, pembangunan pabrik refinery penghasil minyak goreng tentu akan membantu menopang kinerja perusahaan di masa mendatang.

Namun, ia melihat kinerja MGRO akan menemui hambatan dari harga Crude Palm Oil(CPO) yang masih rendah dan trennya melemah.

"Maka, saya kira produk pengolahan kelapa sawit yang sekarang sudah berjalan bisa dijadikan untuk antisipasi, karena harga bahan baku sedang rendah maka kelapa sawitnya perlu diolah supaya harga jual lebih tinggi lagi," papar dia.

Dari sisi saham, ia merekomendasikan untuk membeli saham MGRO dengan target harga hingga Rp 500 per saham.
Author: Indra BP
-
POPULAR NEWS