"Saksikan tayangan kami Official Youtube IDX Channel di Power Breakfast, Rabu (23/10/2024) dengan tema IHSG Rebound Ditopang Saham GOTO dan ASII."
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00:00Thank you for joining us on this episode of Agenda Ekonomi from the United States.
00:05The data that is interesting for us to look at is the IMF meeting,
00:09then there is also the FOMC member data,
00:13and from the European Union there is the data of the ECB,
00:16Lagard, from Canada, the statement of the BOC flower family,
00:19and also in Taiwan there is data on industrial production,
00:23then from South Korea there is data on the production of the BOS,
00:27then from South Korea there is data on consumer trust,
00:31and from Singapore there is an index of consumer prices.
00:34Then the M10 Agenda can be seen on the television screen.
00:42Indonesia's FOMC will hold a general meeting of shareholders,
00:45KDSI, RUPS, TPI, RUPS,
00:48then also BIR, the General Meeting of Shareholders,
00:51JPFA, DPS, Dividend, Interim Finance,
00:54and also MFIN, the bonus shareholder.
01:00And we will see the ASEAN main exchanges this morning.
01:03The opening of the data can be seen on the television screen.
01:07For ASEAN main exchanges, Compact is opened by Mangwad,
01:10with Nikkei Mangwad 0.06% at level 38,434.
01:14Then STI Singapore is opened by Mangwad 0.26% at level 3,596.
01:19And KOSPI Korea is opened by Mangwad 0.15% at level 2,574.
01:24And Hang Seng Hong Kong is opened by Mangwad 0.1% at level 20,498.
01:37And now I am in contact with Andika Ciptalabora,
01:40PT Kanakahita Solvera analyst.
01:42Good morning, Andika.
01:44Hello, good morning.
01:46Thank you for joining us, Andika, at MarketBuzz.
01:49I hope you are always healthy, Andika.
01:51Yes, thank you.
01:53Andika, if we talk about yesterday's ISG rebound,
01:57of course it was supported by the Saham Goto and Astra movements.
02:02What do you think the ISG movement was like yesterday,
02:05during the rebound?
02:07Will this then become a movement,
02:09or maybe a pattern that will continue for a long time?
02:13Or what is it like?
02:15Okay.
02:16Well, if we look at it, yesterday the ISG movement was able to rebound.
02:21Andika, sorry for the camera access, can you open it?
02:28And that's it.
02:30Besides Astra and Goto,
02:32the ISG movement was supported by the PPP groups,
02:36the Prajabupang Estu or Barito Group,
02:38such as Brand, Chuan, PTRO, TPIA.
02:42Well, if we look at the trading of Haris Lhasa yesterday,
02:46the ISG still responded positively
02:49by appointing a president and a vice president,
02:53along with a new cabinet.
02:55It seems that the ISG is still in the euphoria
02:58of appointing a new president.
03:01It means that if we look at it from a fundamental point of view,
03:05is there a fundamental reason
03:07that really strengthens the movement of the ISG,
03:10why did the ISG rebound yesterday?
03:13Or is this just a psychological impact from yesterday's training?
03:17Mr. Andika.
03:18Okay, if we look at it,
03:20in addition to the training of the president and vice president
03:24that went smoothly,
03:26also from July,
03:29the index has indeed uptrended
03:32because of the potential of the defects of the Bunga tribe by the FED,
03:36because of inflation that is about to hit the FED target,
03:39which is around 2%.
03:41So, until now, the market is still uptrending
03:44and the sentiment is still big from the outside,
03:47which is against the defection of the Bunga tribe by the FED.
03:51Okay, one of them is supported by that.
03:54The sentiment of the defection of the Bunga tribe by the FED.
03:57Okay, if we move a little to China,
03:59Mr. Andika, a few times ago,
04:01the global market responded positively
04:03with the statement of a significant stimulus for the Chinese economy.
04:08But then it didn't last long,
04:11considering that global investors also see this as one thing that is not certain yet.
04:16But then when the stimulus is certain,
04:19what does it look like, and so on,
04:21maybe the global market will be more active again.
04:24Can that then become a concern?
04:26And what can be anticipated by market players
04:29who also continue to consider the movement of the global issue
04:33related to what happened in China, Mr. Andika?
04:36Okay, it looks like if the global stimulus from China is running,
04:41there will be a potential outflow in Big Cap banks,
04:46because later with this stimulus,
04:50investors will run to China like that.
04:55However, it can be observed that if the economic stimulus in China is running,
05:01it will make China's real sector move more economically.
05:06And this also creates a positive signal,
05:11a positive sentiment for the emittance of commodities,
05:15such as coal, nickel,
05:17because the consumption of coal or other world commodities is large in China.
05:22Okay, it means that for the banks,
05:25Big Cap may need to be careful.
05:30That's right, if the Chinese stimulus is running.
05:32Okay, but then if we look at it from the Chinese economy itself,
05:36which is improving due to the stimulus,
05:38the commodity-based Samsung is usually a sector that gets blessings like that.
05:42Maybe it can be likened to this commodity sector
05:45if then the stimulus from China starts to run like that.
05:48Okay, we specifically talk about the two stocks
05:52that also regulate the movement of ISG in Ribbon yesterday,
05:55Goto and also Astra.
05:57What is your analysis of these two stocks, Sandika?
06:01Okay, if I look at it,
06:03Astra is experiencing a very significant increase
06:07in the last two trading days, Monday and Tuesday.
06:11It looks like there will be a profit taking action for today's trading.
06:16Because technically, Astra has increased by about 7%
06:20in the last two days.
06:22This is quite significant for a stock like Astra, 2 days 7%.
06:26It looks like there will be a potential for a short-term correction
06:30for Astra itself.
06:32And I see that Astra will correct to around 5150 to 5100.
06:39And later, Astra will be in this wave 4.
06:44If the correction is 4 out of 5,
06:46and later it will potentially go to 5525 again.
06:50Okay, what is the normal price for Astra International,
06:53based on your analysis?
06:55For me personally,
06:58the ideal price for Astra is around 5500 to 5700.
07:03It means that the last level is 5275,
07:07and it can still enter the normal price level.
07:12Or maybe it can be concluded that
07:14for Astra International, the price is still cheap now.
07:17Yes, that's right.
07:19Moreover, the volume has increased in the last two trading days.
07:23Okay, regarding the possibility of a correction,
07:26it was 6.35% in one week, I mean,
07:31cumulatively.
07:33It means that it will be avoided first for Astra International.
07:36Do you see a possibility of a weakness for Astra?
07:40That's right, because there will be a potential for profit taking in the short term.
07:45As I said earlier,
07:47if investors or shareholders want to invest in Astra,
07:51they can invest from 5150 to 5100.
07:565150 if they want to invest in Astra International,
08:00so they have to wait for a correction to that level.
08:03Okay, from Astra, let's move on to Gotoh.
08:05What is your analysis?
08:07For Gotoh,
08:09if I look at it,
08:12it seems that it will still be limited to 74.
08:16There is a risk of 74 to 76.
08:20It seems that this potential will strengthen in the short term.
08:28Okay, it can be used for short-term trading for Gotoh.
08:31That's right.
08:32If you don't have anything at all,
08:35you can wait for the white NC.
08:39Because the risk is already bigger for Gotoh
08:42because it is already approaching the resistance of 74 and 76.
08:49Okay, what is the normal price for Gotoh?
08:52For the normal price itself,
08:56if I look at it technically,
08:59it is already at a normal price.
09:01It's time to be careful for the short term.
09:06Okay, it can be used for trading,
09:08but if there is a movement, the movement is quite limited.
09:11But you can see that the movement can reach the level of 74 for Gotoh.
09:18Yes.
09:19Okay.
09:20Let's move on to Samsam, Pragya Gopang Estu.
09:26Andika, what is your analysis and recommendation?
09:31What do you need to learn from Samsam?
09:34Okay, if I look at it myself,
09:37Samsam, Pragya Gopang Estu,
09:39which has experienced a significant increase,
09:41such as the PTRO brand,
09:43is still interesting for now.
09:45If I look at it myself,
09:46this brand forms an inverted head and shoulder pattern.
09:52It looks like it will have a technical potential
09:54to continue strengthening to close the gate to 8825.
09:58For PTRO, it can go up to 19,000 to 19,250.
10:07This is a bullish pattern.
10:09Then for the brand?
10:118850, sir.
10:13Okay.
10:14If we want to enter the PTRO brand,
10:19is the term of investment long-term or short-term, Sandika?
10:24In my opinion, it's short-term, sir.
10:30Because for the longer term,
10:32it's better to go to BRI, Mandiri, BCA, Telkom,
10:36which has a story of dividing dividends every year.
10:40Okay.
10:41So, for the longer term, it's better to go there,
10:44from the historical point of view,
10:46which has a habit of dividing dividends.
10:48If it's short-term, it can be considered dead,
10:51for PTRO and the brand.
10:55Yes.
10:56Okay.
10:57Sandika, we will discuss your choices,
11:00but we will discuss the next issue.
11:02We will be right back.