"Saksikan tayangan kami Official Youtube IDX Channel di Power Breakfast, Kamis (24/10/2024) dengan tema Cermati Saham Pilihan: JPFA, BRIS, ENRG."
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00:00Thank you, Mr. Mayor, for being with us again, and we will be back to discuss together with our guests this time,
00:10discussing some stocks that have been released to work in the third quarter of 2024.
00:17Earlier, there was BBCA, Mr. Mayor, along with Mr. Abdul Haq al-Faruqi, an analyst from stocknow.id.
00:24Let's take a look at the recommendations and choices first.
00:28There are three recommendations.
00:33One of them is Java.
00:35Java, which today will launch RUPS.
00:38Then there is BRIS and ENRG.
00:41Is it true, Mr. Abdul, that Java will launch RUPS today?
00:45Yes, it is.
00:47What is so interesting about Java?
00:48And what do you expect from the results of the General Meeting of Stockholders today?
00:55Well, for Java itself, I see the RUPS recommendation here
01:00as a measure of how investors view the future of Java stocks.
01:05And also for the previous RUPS, which has announced the recommendation
01:11that EMITEN will divide the interim dividend, which is Rp. 70 per share for Java,
01:17so it becomes a very positive catalyst for Java stocks,
01:20where usually when Java divides the dividend, it is classified as final,
01:25so the final is also in the range of Rp. 50 to Rp. 60 per share.
01:30So when Java divides the dividend of Rp. 70 per share as an interim dividend,
01:37it becomes a positive catalyst,
01:39where there is indeed a potential increase in interest from Java itself in 2024,
01:43so that Java is brave enough to divide the interim dividend at Rp. 70.
01:47And besides that, if we look at it technically, Java is still very interesting,
01:52because here, from the MACD indicator, it is still on track, moving bullish,
01:56and also indeed for Samjava in terms of foreign flow,
01:59the inflow from foreign to Rp. 65 billion since October 2024,
02:05the average is Rp. 1,564.
02:08And also indeed for Samjava, there is a potential impact
02:11from the free food program that is supported by the Prabowo-Gibran government.
02:16Okay, so you recommend Java.
02:19How do you analyze it technically for Java?
02:24Well, for Java itself, as I said earlier,
02:27the indicator is still very interesting from the MACD indicator,
02:30which is still on track, moving bullish, and also indeed for Java itself,
02:35here the movement has started to move uptrend, bullish,
02:39even though it is a bit attractive.
02:43Yes, that's right.
02:44In the long run, indeed, since 2021, it is still moving bullish,
02:48but there is a potential for Java to break out of the bullish trend.
02:53Since when has it been moving bearish?
02:55How long has it been seen to be bearish?
02:59Since 2021, it has been seen that Java's movement is bearish.
03:04Bearish, yes, but it has uptrended in the meantime.
03:09Well, since 2024, it has started to break out of the trend.
03:13Okay.
03:14The year-to-date has increased by 38.56%,
03:18even though in this one week,
03:20three days tend to be colored by weakening,
03:22Monday, Tuesday, and Thursday,
03:25closed only on Thursday, not weakening.
03:29Only in Rabu yesterday, which had risen 0.31%.
03:331.640 this morning.
03:35What is the strategy like?
03:38Well, for Java itself,
03:40my strategy is still recommending buy,
03:43because in Java, the candlestick is closed at the highest price,
03:47which means it indicates a strong buy from the investor.
03:51Okay.
03:52Let's go to your next recommendation,
03:55to sell again, Breeze.
03:56Why is Breeze in the middle of releasing the third quarter financial report,
03:59especially on Monday, Tuesday, and Thursday,
04:03Breeze tends to weaken?
04:06Well, here I recommend Breeze as a speculation buy,
04:09because here, the movement of Breeze is still in the support area,
04:14and also in the field of financial report notes,
04:18or financial report sharing,
04:20for banks,
04:22here there is a potential for Breeze to experience an increase,
04:25which is indeed for Breeze,
04:27which is now included in the first-liners,
04:29this is quite interesting to collect in the A-sector, like that.
04:33And also, the potential of Breeze to announce its clean report,
04:36or its financial report,
04:38will happen in October, possibly, for banks.
04:42Okay.
04:43What are the levels that should be respected from Breeze?
04:48Well, for Breeze itself,
04:49the levels that can be respected by investors,
04:52is that there is a buy area from Rp 3,000 to Rp 3,020,
04:58for Take Profit 1 at Rp 3,110,
05:01for Take Profit 2 at Rp 3,170,
05:04and for Stop Loss at Rp 2,930.
05:06But you can also notice that,
05:08for those of you who are long-term investors,
05:11this is very interesting to collect,
05:13but for those of you who want to trade more patiently,
05:16more conservatively,
05:17you can actually wait for Breeze,
05:19the operation up to Rp 2,900.
05:23Okay, that's the recommendation,
05:25for the stocks that have been discussed earlier,
05:29but there is still one more recommendation,
05:31what about those stocks?
05:35Well, for NRG itself,
05:37for the short to medium term,
05:40it's very interesting,
05:41because NRG is moving in the oil commodity sector,
05:45and also, we can see that the escalation in the Middle East,
05:49it's quite hot right now,
05:50even though right now,
05:51no one is still more advanced,
05:52related to Iran and Israel.
05:55But for the oil price movement itself,
05:57it has increased by 3.1% week-to-date,
06:03this is an interesting indication for NRG,
06:05which has great potential to increase its price.
06:10Okay, that's it,
06:12the opportunity for the stocks that you just recommended.
06:17Okay, then,
06:19in light of the opening of the trade this morning,
06:22I will say this,
06:23where the price index of combined stocks
06:25fell by 0.02%,
06:27or 1 point at 7,785,
06:31with the exchange rate of Rupiah at 15,634.
06:35Let's go to ISG first,
06:377,782,
06:39what is your analysis?
06:41For our market opportunities in the future,
06:44at least, maybe not until the end of the year.
06:47Well, for ISG itself,
06:48because here I have seen that there is an opportunity for ISG
06:53to reach the 7,900 level at the end of the year.
06:56Because if we look at the 8,000 level,
06:58it is actually quite heavy and ideal for ISG to reach 8,000,
07:03because indeed at the end of the year,
07:05there are many M&M's that are affected,
07:08such as in the commodity sector,
07:09from the fluctuation of commodity prices,
07:11which is quite risky for some energy sectors.
07:17So here ISG still has the potential to reach the 7,900 level,
07:21even though at the moment it is still moving sideways.
07:24Still moving sideways, yes.
07:26Okay, let's go to Unilever.
07:29This morning, Unilever fell by 7%
07:31after the release of 3 trillion Rupiah in the third quarter of 2024.
07:36In your opinion, from the indication,
07:38why did Unilever drop by almost 7% this morning?
07:43You said it was more than 6 minutes,
07:44in Western Indonesia.
07:46Yes, for Unilever, of course,
07:48it is moving weakly and also opened a gap down.
07:53Because indeed, released from the financial report,
07:56which Unilever opened a 3 trillion Rupiah level,
08:00or dropped by 28.15% year-on-year in 9 months.
08:05This is the lowest level of Unilever in 2024,
08:10of course, and also from 2023.
08:13This indicates that indeed this deflation is real.
08:16The weakness of consumers towards goods in the market
08:21is starting to decrease, like that.
08:24So indeed, this deflation causes some consumers
08:28to be quite significantly affected, like Unilever.
08:32And also if you look at the product side,
08:39here Unilever has become a very natural company
08:42in the Indonesian business sector,
08:43and also the products are already very well-known by the community.
08:46Therefore, indeed, the time or opportunity for expansion for Unilever
08:50is actually very limited.
08:52So indeed, the management has to think about
08:54how to find potential from other segments,
08:58besides the consumer segment, like that.
09:00Okay, that's it.
09:03Does that also reflect, for other consumers,
09:05I cross-checked this morning,
09:07CPP dropped but not too deep, 0.2%.
09:10Maybe Mayura, in the same sector,
09:15dropped but not too big, 0.75%.
09:17With the release of Unilever's energy,
09:19which you can say is not quite good, like that.
09:25Does it also reflect the performance of the emitters in the same sector,
09:31which has not yet been released,
09:32because you said earlier that the cause
09:34is not just an internal problem of Unilever,
09:36but it is indeed a condition of the current social economy
09:39where the purchasing power tends to decline
09:41and maybe more people are looking for alternatives
09:43with a more affordable price, like that.
09:48Well, for Unilever, for companies like Unilever, like Mayura,
09:52we see that the movement is quite sideways.
09:55In the last few days,
09:57in fact, in the last two weeks,
09:59there was indeed an invitation from the investors
10:02to see the financial report released by Mayura itself.
10:07Because if it reflects the macroeconomics,
10:10as I said earlier,
10:11depletion is one of the indicators that is quite sensitive
10:15for stocks in the consumer sector.
10:17But if you look at ICBP and INDF,
10:19on the contrary, they tend to strengthen
10:21and there is even an inflow here.
10:24Because indeed for ICBP and INDF themselves,
10:26they have a fairly narrow segment,
10:31such as for ICBP to sell Indomie
10:34because the exchange rate of rupiah
10:37is experiencing a strengthening
10:39or appreciation from the US dollar.
10:42So this is indeed a positive catalyst
10:44for ICBP and INDF,
10:46whose majority are imported from abroad.
10:50Okay, that's it for some consumers too,
10:54after we discussed Unilever,
10:56which this morning fell by 7%.
10:58We will see the complete data of the first trading session
11:01for the first trading session,
11:03until 9 o'clock, more than 9 minutes,
11:05when West Indonesia was monitored by IHSG,
11:07fell by 0.02%, 7,786,
11:09and had a chance to experience
11:11or try to strengthen.
11:13Then the stock markets,
11:15which became gainers and also losers,
11:17can be seen on the screen,
11:19and this of course will continue to change.
11:21The leader is of course BCA,
11:23with an increase of about 1%
11:25when it released its third quarter,
11:27which can be said to be quite epic.
11:29The market is at 10,776.
11:31Then the brand is 2%
11:33at 7,725.
11:35PTRO at 4%,
11:3717,150.
11:39Agro, this also seems to be in line
11:41with the earnings of the third quarter,
11:43up 5% at 298,
11:45and some other stocks.
11:47Top Losers, GOTO, fell 1.36%
11:49at 73.
11:51AGRS fell 12% at 95.
11:53PSA at 2.25%
11:55at 348.
11:57And some other stocks.
11:59Mas, a little bit of your take
12:01on the opening of trading from METAN,
12:03maybe, or a message
12:05for investors
12:07wherever you are.
12:09Well, as for
12:11today's trading, it is indeed
12:13quite fluctuating.
12:15That's because it's supported by BBCA
12:17as the top one market cap in Indonesia.
12:19And also indeed for the brands
12:21here are moving strongly,
12:23so this is a support
12:25for ESG.
12:29And for investors here,
12:33I want to give a message
12:35or tips, for now,
12:37the focus of investors is
12:39to choose the stocks that
12:41have a good prospect,
12:43so that the financial report
12:45in the full year 2024.
12:47You can pay attention to the stock
12:49in the banks,
12:51so that the commodity has an exposure
12:53which is interesting for investors to collect.
12:55And also for the stocks
12:57that have a potential to enter
12:59the big index or global index
13:01such as MSCI and FTSE,
13:03you can also pay attention to the MSCI
13:05which will be rebalancing in November
13:07and for FTSE which will be rebalancing
13:09in December 2024.
13:11So it's interesting for investors
13:13to observe which stocks have a potential
13:15to enter the global index.
13:17Okay, that's the recommendation.
13:19The analysis is also about
13:21the trading situation in the first session
13:23on Thursday.
13:25Mr. Abdul, thank you for sharing
13:27the information. I'm always for you.
13:29See you again.