"Saksikan tayangan kami Official Youtube IDX Channel di Program Market Buzz, Jumat (07/02/2025) dengan Tema Analisis Saham BBCA, ICBP, AMRT".
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00:00Thank you very much for joining us, Pemirsa, and before I continue the discussion with you, we will first take a look at the Samsung choices this time from you.
00:12Among them, there is BBCA, which is recommended by, then ICBP, also recommended by, then there is AMRT, recommended by.
00:21Earlier, you mentioned Samsung Konglo ARB, can this be used as a currency to enter or buy?
00:30We will try to ask for a complete analysis.
00:34Sir, speaking of BBCA, it was almost 2% weaker yesterday, is this one of the reasons for the sentiment related to the information surrounding the threat of the spread of nasabah data?
00:47What is your analysis like, sir?
00:49Yes, of course, we still can't be sure about this threat, so there will always be gossip about it,
00:58but if the drop in the BCA itself, I see that this is in line with the movement of foreign funds coming out of the banking sector in Indonesia,
01:07and in line with BRI and Mandiri, the BCA full year report is very good, according to the target,
01:14but in Q4, there is a slight decrease in growth, which is also a concern.
01:20So, investors can still wait and see for the BCA stock, and the opportunity at the current level can be averaged by,
01:29yes, there is still a threat of foreign trade, but historically, we can see that the BCA stock is the most defensive stock for the banking sector,
01:43so the decrease can be used as a weakness.
01:47Okay, the last level is at Rp8,950, the normal price for BBCA at what level, sir?
01:52Yes, actually, if you look at the financial report growth, then also the assumption that this year can be the same or even better,
02:00the BCA can return to the Rp11,000 level, actually, fundamentally,
02:05but with the existing sentiment, in the short term, I see that at least it will return to the level of Rp9,200-Rp9,300.
02:14Okay, supplemental analysis can also be mixed with technical analysis from BBCA itself.
02:21As for the target price, if you look at BBCA, at least until mid-year, at what level, sir?
02:28If it is mid-year, assuming that we will pass the month of Ramadan, which usually there will be an increase in consumer consumption,
02:36then there will also be a redistribution of dividends from BBCA itself.
02:42Usually, if the BCA is not too big, only about 2% for the dividend yield,
02:47so the BCA should be able to return to the mid-year, at least to the level of Rp9,500.
02:51Okay, the level is quite interesting for BBCA. Let's go to ICBP, sir, what is it like?
02:56Yes, for ICBP, it has also been corrected from its highest price at around Rp12,500-Rp1,600,
03:06and now it is below the level of Rp11,000.
03:10For ICBP itself, one of its potentials is President Trump's policy,
03:16which focuses on ending the war between Russia and Ukraine.
03:22If it can be done, it will stabilize the price of wheat, especially, it will be very positive for ICBP.
03:30So, at the moment, it is not too cheap for the price of ICBP,
03:36but at the level below Rp11,000, I see that it can also be done,
03:40buying accumulation for short-term targets, at least it can return to the level of Rp11,500-Rp11,800.
03:47Okay, the last level is at Rp10,950.
03:49The last level is interesting to be able to enter the ICBP, as you also mentioned.
03:55Okay, and this is also related to the stocks that usually enter the fasting month and also the festive season,
04:02usually, in terms of movement, it will be quite interesting, right?
04:07Yes, so if we enter an interesting stock during Ramadan and Eid,
04:13one that is usually focused on is consumer goods.
04:18So, ICBP and also Alphamart, this can be a potential to be lured,
04:25because they will usually get an increase in sales during Ramadan and Eid.
04:32Okay, let's talk about Alphamart, Mr. Owen, please.
04:36Yes, Alphamart itself has been corrected quite deeply from the highest point,
04:40but the financial report itself is still very good.
04:42Profitability is still maintained for Alphamart,
04:45and they are still one of the end points of retail marketing in Indonesia.
04:51So, the current price can be expected,
04:56maybe in the PO weakness, it can be expected at the price of Rp2,800 for Alphamart,
05:02with a short-term target returning to the level of Rp3,100-Rp3,200.
05:07Okay, so far, Alphamart is at level Rp2,960,
05:12and this is also one of the stocks recommended by Mr. Owen,
05:16namely BBCA, ICBP, and also Alphamart.
05:20In terms of target price for AMRT, at what level, Mr. Owen?
05:24At least until mid-year.
05:26Mid-year, if we see that they will be boosted with sales during the month of fasting and Ramadan,
05:33this is at least back to the level of Rp3,300.
05:36Okay, those were the options.
05:38Let's go to the banks, which is also quite interesting for us to discuss,
05:44Mr. Owen, related to BRIS itself,
05:46which reported that the financial report showed an increase,
05:49but on the other hand, this also entered the financial sector,
05:53which is indeed targeted to be released by many foreigners.
05:57Plus, just like BBCA,
05:59there is a sentiment related to the threat that we must solve,
06:03whether it is true or not, related to the distribution of customer data.
06:07For BRIS itself, what is your analysis like?
06:09Yes, for BRIS itself, financially speaking, it's good.
06:12It also grows quite high,
06:15because it has a unique market,
06:18it is the largest banking company in Indonesia at the moment,
06:22so it has its own market to distribute credit.
06:28However, in terms of market cap and liquidity,
06:32of course, BRIS is not as big as other conventional banks.
06:35So, in terms of volatility, the impact is higher.
06:39I suggest the same for the BRIS stock,
06:43to be diversified,
06:45because at the moment the foreign trade pressure is still quite high,
06:49and I don't see it going away in a short time.
06:55So, we have to wait for other catalysts,
06:58so that we can at least make foreign funds come back,
07:03to make a choice for the banking sector in Indonesia.
07:05Okay, how is the sentiment of Ramadan and Eid
07:09can become a domestic sentiment,
07:11which will more or less become a balance
07:13in the midst of global uncertainty, sir?
07:17Yes, in general, in the month of Ramadan,
07:20there will be an increase in consumption,
07:22then there will also be THR,
07:27employees will get THR,
07:30so this is also one of the things that will stimulate consumption.
07:33So, with that,
07:35usually the first time there is an increase in disposable income,
07:40it's on food first,
07:44so that the consumer goods,
07:46next, it can also be used for stocks related to other retails.
07:50But the main thing to get profit
07:53is usually consumer goods first.
07:56Okay, we will leave some analysis related to the sectoral,
08:01then we will move to the movement or opening of IASG,
08:05which we passed through from RTI,
08:07so far IASG is moving weakly,
08:102.81%,
08:12this is at level 6682.013,
08:18still in a fairly deep weak area,
08:21then all stocks or all sectors,
08:24I mean, this is in the red zone,
08:274 stocks that have entered the top 10 list,
08:29there are SMDM, Bufa, Obat, Tira,
08:32then also Top Losers,
08:344 of which are Telkom, Pegas, BBNI, and also Antam.
08:38Your analysis so far,
08:40what is the situation like?
08:42IASG weakness still continues,
08:44and Top Losers, there are stocks that
08:46in terms of capitalization is quite large,
08:48but then still released by investors,
08:51what is it like, Pawan?
08:53For today,
08:55this morning there was news that
08:583 stocks,
09:00there are Brand, then also PTRO and Cuan,
09:03these are stocks that have quite a large capitalization in IASG,
09:07this is not included in the MSCI index,
09:10so this triggers a large sale
09:15and makes these 3 stocks auto-reject
09:19so they will definitely be a burden for IASG,
09:23and if we look at IASG itself,
09:25it has already passed the support I mentioned earlier, 6700,
09:29so the hope is that it can be closed above that, above 6700,
09:33if not, there may be a next sell-off,
09:38because when ARB happens on the stocks I mentioned earlier,
09:43it doesn't seem to be just this,
09:47if it is true that they are not included at the moment,
09:51of course there are many investors who want to let go first,
09:55so ARB can continue next week.
09:58Okay, we will leave the analysis related to IASG,
10:02and also the options mentioned earlier,
10:04Pawan, thank you for joining us on MarketBuzz,
10:08hopefully the various analyses you have delivered
10:11can be a reference for market players to invest today,
10:14but once again, the decision to invest goes back to the successful investor,
10:18always healthy, Pawan, see you.
10:20Always healthy, thank you.