"Saksikan tayangan kami Official Youtube IDX Channel di Power Breakfast, Jumat (25/10/2024) dengan tema Analisis dan Rekomendasi Saham Pilihan di Akhir Pekan."
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00:00Thank you so much for joining us on Market Plus.
00:02We're going to talk about some of the sentiments
00:04that are happening in the capital market.
00:07But before that, we'd like to invite you to take a look
00:09at some of the global economic agendas.
00:12From the United States, there's the IMF.
00:15Then there's Canadian retail sales.
00:17The Governor of the Bank of England, from the UK.
00:20And also consumer trust from Italy.
00:23Consumer price index from Japan.
00:25And then there's the World Trade Organization.
00:28Consumer price index from Japan.
00:30Deficit saving from India.
00:32And consumer price index from Singapore.
00:34From domestic, there's the IMF.
00:36One of the agendas is the PFA.
00:38The date of the implementation of the bill.
00:40Then there's the General Meeting of the BNGA.
00:42As well as the TOWR.
00:44And then there's the SUDI.
00:46And there's Aksi Pemirsa,
00:48as well as Roni.
00:50Heksa, payment of cash dividends.
00:52BMTP, payment of coupons.
00:54And PLIN, payment of interim cash dividends.
00:57As well as AMOR, payment of cash dividends.
01:00There are quite a lot of agendas.
01:02The IMF agenda for October 25, 2024.
01:09An update from the Asian Stock Exchange.
01:11Mixed trend.
01:12Nikkei Japan fell by 0.65%.
01:14As well as Singapore.
01:16It fell by 0.07%.
01:18KOSPI Korea rose by 0.65%.
01:21And Hang Seng Hong Kong rose by 0.16%.
01:28SULISTINA PRIMASUCI, HEAD OF INVESTOR RELATIONS
01:31This is Sulistina Primasuci, Head of Investor Relations.
01:37How are you, Ms. Sulis?
01:39I'm fine, Ms. Prisa. Good morning.
01:42Good morning. Thank you for joining us this morning.
01:45We have some unfortunate news.
01:49Because this is the king of textiles in the country.
01:54The official pilot has been suspended for 41 months.
01:58Since 2021, it seems.
02:01But this is the official pilot.
02:04What is your take on this?
02:06This is still one of the emitters in the Indonesian stock market.
02:10Yes, that's right.
02:12This has become a trending topic.
02:14Since yesterday.
02:16Of course, with the Sritex pilot.
02:19Or with the Samsreo code.
02:21Samsreo will have a negative impact on the textile industry.
02:26Because it is a serious challenge.
02:28In terms of financial management.
02:30And also in terms of company operations.
02:32Because this is also a risk.
02:35Which will be faced by investors.
02:39Including the possibility of significant losses.
02:41Like the bankruptcy in Sreo.
02:44So, of course, this will be an evaluation.
02:48For us to be more careful in choosing companies.
02:52Which we will invest in.
02:54So, the Sritex pilot will definitely have an impact.
02:57Also to the other textile industry sectors.
03:00Okay, it will also have an impact.
03:02Or become a reflection of other textile sectors.
03:05Because the Sritex pilot also brings.
03:08About five other textile companies.
03:11In this case.
03:13Okay, 41 months suspended.
03:17It means there is a possibility that this will be delisting.
03:19Or what is your catchphrase?
03:21For those who still have this share.
03:23And survived.
03:25Because of this debt case.
03:27And finally the pilot.
03:29What needs to be done?
03:31Not many things can be done.
03:33Yes, that's right, Mrs. Prisa.
03:35So, it is very unfortunate.
03:37Because this bankruptcy.
03:39With the accumulation of debts that occurred.
03:41At the time of COVID.
03:43So, there is a decline in energy.
03:46Also in terms of sales.
03:48So, at the moment.
03:50We just hope.
03:52Certainly, what is prioritized by MI10.
03:54Will meet the obligations.
03:56Based on the priorities.
03:58And usually for holding shares.
04:00Especially in this general community.
04:02Of course, it will be the last number.
04:05So, not much can be done.
04:07Except we continue to be careful.
04:09To choose more.
04:11And not repeat it again.
04:13Is there still a chance to save Siritex?
04:16Even though it is officially pilot.
04:18Are there still opportunities?
04:20For example, is there a new investor?
04:22Or what?
04:24Yes, for now.
04:26By looking at how.
04:28The textile industry today.
04:30There is still no opportunity.
04:33Because we see.
04:35In terms of price.
04:37Then also in terms of sales.
04:39And also the interest.
04:41So, it's still not stable.
04:44Until now.
04:46Not stable.
04:48So, you also see the interest of foreign investors.
04:50Maybe.
04:51Or other parties to invest.
04:53In the textile industry.
04:54You see this is also low.
04:56Because the industry is not doing well.
04:58Like that.
04:59True.
05:00But if we look a little.
05:02Related to the journey of this Shrill stock.
05:05The market cap is still 2.99 trillion rupiah.
05:08What does that indicate?
05:10Yes, actually.
05:12The market cap indicates.
05:14The circulating stock.
05:16The number of circulating stocks.
05:18Currently still dominated.
05:20Owned mostly by the public.
05:22Until September 30, 2024.
05:26It is still recorded at about 39.89%.
05:29Shrill stock.
05:31Or about 8.15 billion shares.
05:34It is still owned by the public.
05:36Where this has the potential to be delisted.
05:38So, it will be lost.
05:40From the side of the stock.
05:42Or asset from the investor.
05:44Okay.
05:46Well, looking at the conditions.
05:48And certain.
05:50Or some conditions.
05:52Which falls under the criteria can be delisted.
05:54And it looks like this Shrill.
05:56Has met the criteria to be delisted.
05:58Because the suspension on the Shrill effect.
06:00This has reached 41.
06:02Or 42 months.
06:04For those who still own the stock.
06:07What do you think?
06:09What will happen?
06:11When this stock is truly delisted?
06:13Yes, for this stock.
06:15When it is delisted.
06:17Because it is true.
06:19It has been more than 24 months.
06:21Where the determination of the Indonesian stock exchange.
06:23Will be delisted.
06:25When the suspension has been more than 24 months.
06:27And Shrill has fulfilled.
06:29So, automatically.
06:31If Shrill has been declared delisted.
06:35It will be lost from the customer portfolio.
06:37And not recorded back.
06:39In the stock exchange.
06:41From the stock.
06:43So, our investment is also lost.
06:45Like having so much money there.
06:47When the suspension is still at that price.
06:51The profits that are seen.
06:53Maybe.
06:55Later it will also be lost.
06:57If it is listed.
06:59So, maybe the focus right now.
07:01Is the next step.
07:03We are waiting for the public information.
07:05From the delisting plan.
07:07About the decision of Shrill.
07:09To maintain the going concern.
07:11That's what we are waiting for.
07:13Yes, that's right.
07:15Because right now.
07:17From BAY and OJK.
07:19From the MD10 itself.
07:21There is no personal conference yet.
07:23Or the opening.
07:25We are waiting for the public information.
07:27From Shritex.
07:29Okay, let's leave it about Shritex.
07:31There is an update.
07:33The condition in the country.
07:35Related to Adhikarya.
07:37Adhikarya has also recorded.
07:39The Qinerja in the 3rd quarter of 2024.
07:41And the results are good.
07:43How do you feel about Adhikarya?
07:45Yes, indeed.
07:47If you look at the construction sector.
07:49Since the middle of the year.
07:51There have been improvements.
07:53From the Qinerja side.
07:55Because if we look at Adhi.
07:57PTP, PWIKA.
07:59There have been improvements in the sector.
08:01Where Adhi.
08:03With the increase.
08:05Up to Rp69.3 billion.
08:07The increase is quite significant.
08:09It is supported by the new contract.
08:13Until September.
08:15There is Rp9.1 trillion contract.
08:17That has been done by Adhikarya.
08:19So right now.
08:21There are improvements from the Qinerja side.
08:23So there is potential.
08:25To have a rebound.
08:27From Adhi's side.
08:29There is potential to have a rebound.
08:31From Adhi's side.
08:33For Adhikarya.
08:35In the trading.
08:37It is moving in a negative direction.
08:39And on Wednesday.
08:41Since Monday.
08:43It is red.
08:45But it looks normal.
08:47Because since 15th.
08:49From Tuesday to Friday.
08:51It is green.
08:53So when it is repaid.
08:55There is a weakness.
08:57So the strength.
08:59For 4 days.
09:014.61%.
09:03It looks like it is back.
09:05Rp2.90 billion.
09:07What is your analysis?
09:09For Adhi.
09:11Technically.
09:13If we look.
09:15Adhi.
09:17There is a positive signal.
09:19Where the trend is high and low.
09:21There are uptrend signals.
09:23And if we look.
09:25The weakness is.
09:27In the area of support.
09:29M20 and M60.
09:31So it is in the area of buying.
09:33So for now.
09:35Investors can pay attention.
09:37The level of support is around Rp280.000.000.000.
09:39To Rp290.000.000.000.
09:41So it can be the area of buying.
09:43For Adhi's stock.
09:45Is there a target?
09:47There is.
09:49Adhi's target is.
09:51Around Rp320.000.000.000.
09:53To be the nearest resistance.
09:55For Adhi's stock.
09:57If we talk about BUMN.
09:59Adhi, PTPP, WIKA.
10:01And maybe.
10:03Emintent.
10:05Which one is the best?
10:07Adhi or Karya?
10:09If we look.
10:11From the three.
10:13For me.
10:15I prefer PTPP.
10:17Because of.
10:19The money.
10:21And from the fundamental of the company.
10:23Where Adhi and WIKA.
10:25Had a loss.
10:27But for PTPP.
10:29It is still consistent.
10:31With the growth of the stock.
10:33So from the fundamental.
10:35I prefer PTPP.
10:37But PTPP.
10:39From the movement.
10:41It is not that fast.
10:43And in one week.
10:45It is down 6%.
10:47Adhi, Adhi.
10:494 places.
10:51What do you think?
10:534 places.
10:55It is correct.
10:57In the support area.
10:59If you use the technical analysis.
11:01And compared to the stochastic indicator.
11:03It is in the oversold area.
11:05So it is a speculative position.
11:07For you to make a purchase.
11:09Because in the support area.
11:11The support tolerance.
11:13Around Rp430.000.000.
11:15Recommendation for PTPP.
11:17If we talk about the energy.
11:19Or financial report.
11:21From BUMN Karya.
11:23We will continue later.
11:25The next recommendation.
11:27Stay with us in MarketBus.
11:29Thank you for being with us.
11:31In MarketBus.
11:33We will see the recommendation.
11:35From Solisina Primasuci.
11:37Head of Investor Relations.
11:39The next main security.
11:41There are two banks.
11:43BBNI and BBTN.
11:45BBNI and BBTN.
11:47Both are recommended by.
11:49We will review the positions on the screen.
11:51Then there is EMTK.
11:53And there is SMGR.
11:55We will talk again with Ms. Suci.
11:57Ms. Suci.
11:59BBNI and BBTN.
12:01Why not BBCL?
12:03What is it like?
12:05Let's go to BNI first.
12:07Okay.
12:09BNI is the same as speculative.
12:11To wait for the financial report.
12:13Estimated at the end of the month.
12:15Around 30 October.
12:172024.
12:19The interesting thing is.
12:21If we look at the data.
12:23From the beginning of October until yesterday.
12:25It is still strange.
12:27Note the net value.
12:29Almost above.
12:31250 billion.
12:33And the price movement.
12:35Has shown a positive trend.
12:37So I suggest.
12:39You can pay attention.
12:41BNI.
12:43With the closest target.
12:45Around 5,850.
12:475,850.
12:49Because it shows.
12:51A positive trend right now.
12:53And it is still being done.
12:55Or it has started to be bought again.
12:57By foreign investors.
12:59So there is a chance to continue.
13:01There is a target at 5,850.
13:03Stop loss at 5,500.
13:05Then if the current price.
13:07Is it interesting to buy?
13:09Yes.
13:11For now.
13:13Around 5,550.
13:15Up to 5,600.
13:17You can still pay attention.
13:19To make a purchase.
13:21For BBNI.
13:23What about BBTN?
13:25BBTN is affected.
13:27From the sentiment.
13:29From the program.
13:31From our new president.
13:33Mr. Prabowo.
13:35This is also the same as SMGR.
13:37But BBN.
13:39In terms of energy.
13:41Will release financial reports.
13:43At the end of this month.
13:45And the potential is still positive.
13:47Looking at the energy in the quarter 2 yesterday.
13:49And in terms of trend.
13:51There is also a bullish trend indicator.
13:53So I recommend.
13:55Both for short term.
13:57Then for swing.
13:59The target is still around 1,545.
14:011,545.
14:031,545.
14:05If it succeeds.
14:07To 1,545.
14:09Remember there are many investors.
14:11Who prefer medium to long.
14:13Really investment.
14:15Is there a chance for BBTN.
14:17Maybe back to the levels.
14:19Which is higher.
14:21From that level.
14:23Maybe at 1,600.
14:25Which is the highest this year.
14:27Right.
14:29There are still opportunities.
14:31Positive.
14:33So there is still a chance.
14:35Around 1,600.
14:37For BBTN.
14:39But you are more interested.
14:41For now.
14:431,545.
14:45Which is the highest target.
14:47In the last three months.
14:49Maybe it will be broken again.
14:51Along with the financial report.
14:53Which is also considered positive.
14:55For BBCA.
14:57If we look at BBCA.
14:59BBCA is quite good.
15:01But it was closed.
15:03If I'm not mistaken.
15:05At the lowest level yesterday.
15:07Yesterday it was still strong.
15:09But it was closed at the lowest level of the day.
15:11What do you think of BBCA?
15:13Yes.
15:15BBCA.
15:17Because the release of the financial report.
15:19Of course the investors are waiting for it.
15:21Actually it has been reflected.
15:23From the interest rate.
15:25Which is 12,8%.
15:27But if we look at the last three months.
15:29Around July.
15:31Until it was touched.
15:33It has almost risen.
15:35Around 19,96%.
15:37Or around 20%.
15:39So it has been reflected.
15:41From the increase in interest.
15:43To the price of the stock.
15:45So yesterday was the action of taking profit.
15:47Or sell on use.
15:49Okay, that's it for BBCA.
15:51We will continue to the recommendation.
15:53Your next choice.
15:55SMGR.
15:57What do you think of SMGR?
15:59Yes.
16:01SMGR is a positive catalyst.
16:03Related to the development.
16:05The target is 3 million houses per year.
16:07Of course it will be a positive catalyst.
16:09For development.
16:11In a number of sectors.
16:13Like in the cement sector.
16:15So this can be a watch list.
16:17Or the choice of investors.
16:19And also.
16:21The movement has been corrected.
16:23The target for this week.
16:25It is almost corrected.
16:27Around 8%.
16:29And now in the support area.
16:31For friends who can make purchases.
16:33You do give.
16:35Recommendation or target.
16:37At 4,530.
16:39Yes, that's right.
16:41Those are the highest levels.
16:43In the last week.
16:45The target price.
16:47Actually the normal price of SMGR.
16:49What position is it?
16:51If you look at the normal price.
16:53Because yesterday.
16:55It was corrected quite high.
16:57This year.
16:59So now the normal price.
17:01Is in the area.
17:03Around 5,000.
17:05So now it's still undervalued.
17:07For friends who can pay attention.
17:09It's still undervalued.
17:11SMGR is starting to fluctuate again.
17:13If we look at the last month.
17:15It rose almost 12%.
17:17According to the sentiment.
17:193 million house program.
17:21From our new president.
17:23Along with BBTN.
17:25Which is related to housing.
17:27Okay, then.
17:29The last one is EMTK.
17:31Okay.
17:33EMTK is interesting.
17:35What makes it interesting.
17:37Is in terms of its performance.
17:39Actually.
17:41We also combine it with the technical side.
17:43Because the previous one was lost.
17:45In the first semester.
17:47In the first semester of 2024.
17:49There was a loss.
17:51So from a loss to a loss.
17:53It has also been reflected.
17:55In the price movement of the stock.
17:57Which has formed a bottoming.
17:59So there is a potential for a reversal.
18:01From EMTK to continue the bullish trend.
18:03Do you see opportunities.
18:05The third quarter will still be profitable?
18:07Yes.
18:09It will still be positive.
18:11Because in EMTK.
18:13Again.
18:15There will still be positive sentiment.
18:17Especially in the technology sector.
18:19Because some time ago.
18:21It's like in Bukalapak.
18:23If there is a boost.
18:25Of course SCMA will also be a signal.
18:27And also a positive catalyst.
18:29Okay.
18:31EMTK has been targeted at 550.
18:33And at the opening of the trade this morning.
18:35At 515.
18:37It rose by about 1%.
18:39What is the strategy to buy EMTK?
18:41Okay.
18:43At this time.
18:45Maybe we can try to wait.
18:47Around level 500.
18:49You can make a purchase.
18:51Don't rush in now.
18:53So that the upside is wider.
18:55You said the support is at 490.
18:57Correct.
18:59Okay.
19:01That's it for the selection.
19:03There are BBNI, EMTK, SMGR, BBTN.
19:05As well as support and resistance.
19:07Which should be respected.
19:09All are well recommended.
19:11So far.
19:13The joint stock market.
19:15At 9 o'clock.
19:17Moving in a positive direction.
19:19With 0.32%.
19:21After yesterday.
19:23The IHSG was closed.
19:25Weakened by 1%.
19:27Or 0.91%.
19:29And we can see.
19:31The IHSG is at 7,746.
19:33With the US dollar exchange rate.
19:35At 15,609.
19:37We are waiting for the complete data.
19:39For those who are gainers and losers.
19:41Ms. Sulis.
19:43Even though it's still early.
19:45How do you see the IHSG.
19:47In the near future.
19:51For short term.
19:53I see.
19:55It's still sideways.
19:57The movement is weak.
19:59Because of the momentum.
20:01Maybe there is only an earning session.
20:03So for now.
20:05The IHSG movement area.
20:07The IHSG is at 7680.
20:09With the US dollar exchange rate.
20:11At 7,800.
20:13What's interesting.
20:15I don't know if this is interesting.
20:17Or just a coincidence.
20:19Sido.
20:21Sido has released.
20:23For the 3rd quarter.
20:25But the stock price dropped by 6%.
20:27This morning it dropped by 3%.
20:29How do you see Sido?
20:31Actually.
20:33With the release of Laba.
20:35The stock price rose by 33%.
20:37In the 3rd quarter.
20:39It's still positive.
20:41In terms of finance.
20:43Sido is still very healthy.
20:45Especially because there is no flower debt.
20:47From the selling side.
20:49Laba is growing.
20:51It's still okay.
20:53But the market expectation.
20:55Or the investor is quite high.
20:57With the results of Sido.
20:59It turns out.
21:01When it was released.
21:03Compared to the previous quarter.
21:05In the 2nd quarter.
21:07There is a decrease.
21:09Where the IHSG is expected.
21:11Maybe in the 3rd quarter.
21:13It can be at level 7-8 per share.
21:15But the realization.
21:17Even below that.
21:19So below the market expectation.
21:21So don't just look at Laba.
21:23It rose by 33%.
21:25But it doesn't look like.
21:27It's below the estimation.
21:29That's why Sido.
21:31Rises to 615 this morning.
21:33Okay.
21:35We will look at Samsung's record.
21:37As well as the losers.
21:39Based on the value.
21:41Among them is Samsung.
21:43The first loser is Boomi.
21:45It rose by 4%.
21:47In 152.
21:49BRMS rose 1.66%.
21:51368 in Susulpani.
21:532% in 14,500.
21:55Then there is Toba, BSBK, ICBP, ASRI.
21:57And some other shares.
21:59Inad.
22:01Sido.
22:03Buka, MPPA, LPKR, Raja.
22:05And Volk.
22:07And SSIA.
22:09And some other shares.
22:11Based on RTI data.
22:15We discussed a lot.
22:17But we have limited time.
22:19Thank you for sharing.
22:21See you again.
22:23Good morning.
22:29Good morning.