Cermati Saham Pilihan: HOKI, JPFA, Hingga CMRY
"Saksikan tayangan kami Official Youtube IDX Channel di Program Power Breakfast, Rabu (21/02/2024) dengan Tema Cermati Saham Pilihan: HOKI, JPFA, Hingga CMRY".
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TVTranscript
00:00 So, based on the recommendations of the election, we have summarized some of the candidates as follows.
00:07 As you can see, in the graphic, the candidates are Saham Hoki, recommended by Support 179, with resistance 216.
00:18 Then there is Jakva, recommended by, Cepin is also recommended by, and CMRY.
00:26 This is the recommendation of the election from Eza.
00:30 Eza, what is interesting about these four candidates so that you can be more familiar with these candidates
00:35 compared to the candidates who are becoming stars in the Indonesian sports.
00:40 Some are record holders, some have been increasing for several consecutive days,
00:44 some have entered the Russell's food industry index, and so on.
00:48 What is interesting about these four candidates?
00:50 We start first with Hoki, maybe.
00:53 Hoki, this is related to rice, right?
00:56 Yes, if we look at the price of rice, the price of rice in Indonesia is starting to increase.
01:08 And this is indeed one of the indicators that there are many teams in Indonesia.
01:18 We are one of the largest producers of rice, but we are also the largest consumers of rice.
01:25 And if we also look at the statistics that have just come out for January,
01:32 one of the commodities that has increased the most in the year to date is rice, chicken, and chili.
01:45 And this means that there is more demand or investment of 1.2% for rice.
01:56 So there is more demand for rice and from the source material as well.
02:03 So some of the consumption is from governmental spending as well.
02:09 Okay, Hoki, if we look at the Buyung Putra stock,
02:15 it means that there is a possibility that the current price of rice will be affected by the Buyung Putra itself, right?
02:22 Fundamentally.
02:24 Yes.
02:27 Okay, Hoki, right now it is closed at level 188.
02:35 And in the last week, it has increased by 9%.
02:39 What level is interesting to buy, Mr. Ezzah?
02:43 The current price, that's why the recommendation is Buy, so the availability is at 188-190.
02:51 Okay, the current level for Buy is with the closest target of 216.
02:56 If 216 is the target, then the price will be at 188-190.
03:02 Okay, so the current price, that's why the recommendation is Buy, with the closest target of 216.
03:08 If 216 is achieved or succeeded in being given up, what is the next target level?
03:13 And what is the cut loss level?
03:16 So the first target is indeed 202-204.
03:22 If it can meet the target, it can reach 214-216.
03:29 If it can reach 214-216, it can reach 217-179.
03:34 Okay, what is the current Hoki's recommendation?
03:38 For Hoki right now, Hoki is currently in the sideways trend.
03:46 And it is likely to continue to the sideways trend resistance right now.
03:51 It has just rebounded from the sideways trend support.
03:55 So trading is only short-term.
03:59 Trading is only short-term, not to be kept silent, but to make the most of the sentiment of the current price of rice.
04:05 And the effect to Hoki, because from the technical point of view, there is an opportunity there as has been discussed.
04:12 Okay, let's move on to the next item, you recommend Jaffa.
04:15 For the second recommendation, it's Jaffa.
04:19 So, yes, in addition to chili and rice, which I have already mentioned.
04:23 Chicken is also one of the commodities that experienced an inflation, one of the largest in January 2024.
04:37 And this is indeed fueled by food and household items, which is one of the key spending sectors for consumers right now.
04:57 Because if we look at other sectors, such as entertainment or electronic devices, especially clothes and foodware.
05:13 We see that food and household items, household groceries, are one of the key inflationary sectors.
05:23 So there are many people who prioritize buying food and beverages now.
05:30 And because of that, a lot of the consumption is actually geared towards those particular commodities.
05:37 Is this more speculative or what?
05:40 This is not speculative, but it is more for long-term.
05:49 Buying for the long term, Jaffa buys for the long term, right?
05:53 Yes.
05:54 But if we look at the long term, the last six months were -20%, one year -15.5%.
06:01 Or do you see a difference this year?
06:05 Because if we look at the consumption for this year, there are several programs, such as the government has increased the consumption of bunsauce.
06:24 Which will help to boost consumption.
06:29 Not only from retail, but also from the government.
06:33 From a technical perspective, as shown on the screen, the last week was appreciated, or increased by 1.4%.
06:43 What are the patterns that are forming and what are the opportunities from the technical perspective?
06:49 If we look at the technical side, Jaffa is a rebound from the support.
06:57 It is possible to go down one year or one month, but if we look at the graphic chart, it is a rebound from one of the major support.
07:12 So it is worth buying.
07:14 Worth buying.
07:15 You said there is a target, which we summarized in the graphic chart, at 1,245.
07:21 But you said that this can be for the medium term.
07:24 What is the target price for Jaffa from you, Henan Putih Rai?
07:30 So our target price is indeed at 1,235 to 1,245.
07:41 If we can continue the uptrend, or have passed the resistance, it can be 1,375 to 1,400.
07:52 What is the cut loss level?
07:54 Cut loss is at 1,055 to 1,045.
08:00 Okay, 1,050 to 1,045, it is better not to enter first for Jaffa.
08:06 At the moment, at the closing, it is still at 1,090, still a level above.
08:10 Okay, you also recommend the same segment or in the same sector is Caron Pokpan or Cepin, at 5,400 as the target.
08:21 Yes, so Cepin will get a positive sentiment from governmental spending and consumption geared towards household items, household groceries especially.
08:36 And this is because people prioritize food and drinks, essential spending rather than non-essential spending.
08:46 That is why Jaffa and Cepin are two sectors that are attractive for the long term.
08:56 Okay, what is the pattern of Cepin? It seems a bit different compared to Jaffa.
09:01 If we look at Cepin, it is more or less the same.
09:07 So, from last year, it rebounded from its support and experienced a sideways trend, then broke through that sideways trend and returned to major support from the beginning of last year.
09:25 So, if we look at the major trend, it is the same.
09:30 And right now, Cepin's support is at 4,440.
09:37 And I recommend buying for Cepin at the current price level, the target is 5,125 to 5,150.
09:52 Okay, the target is 5,400, right?
09:58 Yes, if it can break through 5,150, it has the potential to continue to 5,350.
10:07 Okay, the last one is CMRI or CMORI, which is one of the related sectors.
10:15 What makes you recommend CMORI from the non-cyclical consumer sector?
10:21 As I explained, people, especially in Jakarta, experienced a deflation of 0.19% in January.
10:36 And this deflation, if we look at all the segments, it is a trend from the beginning of last year until now, this inflation is one of the current experiences.
10:54 People in January experienced a deflation, which is likely to continue well into the end of the first semester for this year.
11:07 And because of that, it seems that our consumption rate has dropped and focused on essential spending,
11:17 namely food and drinks, not entertainment. So CMORI has a positive effect from that.
11:28 And also if you remember, the frontrunner of the current race and probable winner of the KPU,
11:38 Prabowo, also worked on the milk program, making milk for free, and also free food.
11:48 And this is indeed another sentiment for the emissions related to milk production.
11:57 Okay, CMORI in the last week rose 4% and this morning it also seems to try to strengthen at 4,210.
12:04 You said that there is an opportunity in this stock with support resistance at what level exactly?
12:09 So if we look at the resistance, it is 4,430 to 4,460, for the stop loss at 4,070 to 4,050.
12:22 Okay, 4,210 at this current price is okay to buy, in your opinion, is a wise move to enter this position?
12:28 Yes, so the result is at 4,150 to 4,210.
12:36 Okay, 4,150 to 4,210, this is really right, 4,210 means it's still a bit high, right?
12:44 Yes.
12:46 Okay, can you repeat the closest target and the next resistance at what level, Mr. Eza?
12:52 For the target, it is at 4,430 to 4,460, that is the closest resistance and the target too.
13:04 Okay, that's my presentation. Recommendations for this election and the opening of trade this morning
13:12 has been directed to the IISG, which tends to be a stagnant, but tends to weaken, down by about 0.04% at 7,350 at the moment
13:23 with Samsung as the mover, there is BBM, BBRI, we will review the next trade after the next parliamentary session,
13:31 stay with us in the market bus segment.
13:34 Thank you, Mr. President, for coming back with us and we will still discuss with Mr. Ezar Ridho Ibn Tamah,
13:40 Head of Technical Analysis and Puterai Sekuritas.
13:42 And before that, we asked you to read the update from the Index of the Trade and Cooperation Index,
13:47 the first opening of the trading session on Wednesday, February 21, 2024,
13:54 where the IISG weakens by 0.07%, it's still thin, or only 4 points at 7,347,
14:02 but of course the opening this morning is lower than the closing.
14:06 Last evening, the IISG was still at 7,352, and the US dollar,
14:14 after the release of the policy from the Indonesian bank, was seen to weaken at 15,669.
14:22 And here are the trades that became top gainers and top losers based on value,
14:27 as you can see in the following RTI data.
14:34 The trades that the IISG got a red mark on the screen.
14:38 Those are the trades that became top gainers and top losers this morning,
14:47 if we look at it, it seems that the banking sector is dominating in terms of the highest transaction value,
14:54 such as the BBCA and the BBRI, which was the record of the IISG, is still strengthening.
15:00 We will continue our discussion with Mr. Ezzat, Mr. Ezzat,
15:04 to discuss the BBRI in particular.
15:06 The BBRI broke the record yesterday, and this morning,
15:10 although it was slightly below the record, at 6,325, the record was at 6,350,
15:18 but it is still strong, which means there is still a buying power there.
15:22 What are your recommendations and analysis on the BBRI and more broadly about banking?
15:29 For the BBRI, if we look at it from a technical point of view,
15:33 it has reached an all-time high resistance, but also the uptrend channel pattern.
15:48 So, if we look at it from the uptrend channel pattern, which is currently out of the resistance,
16:07 and if we look at it from the fundamentals, there is one sentiment, namely the Fed.
16:16 The Fed will lower its interest rate this year, there is a potential around June.
16:26 Yesterday, we predicted that it would be lowered in May,
16:30 but it seems that because the Fed, the Americans keep sticky inflation,
16:36 it will probably be pushed back to June.
16:40 And this decline in interest rate will be a positive sentiment,
16:47 because as I mentioned earlier, the purchasing power and consumption of Indonesia,
16:55 especially in Jakarta, are more of essential goods.
17:00 Because the credit is expensive right now.
17:04 If the credit is cheaper and the interest rate is lowered,
17:10 we will see more positive purchasing in the consumer retail sector.
17:20 What is the recommendation for the banking sector after the latest decision from the Bank of Indonesia on interest rate?
17:31 We see that the decision for the Bank of Indonesia will still be held,
17:36 the interest rate will remain the same at the moment.
17:42 But for the future, we see that the bank will be rated as overweight.
17:53 Overweight for now, because the fundamentals are very good for the future.
18:00 So, you don't recommend it yet, if you don't have the position yet,
18:06 you feel that this is not the right time?
18:10 This is not the right time, even though it has reached the highest record,
18:17 there is a catalyst for the fundamental performance,
18:24 and maybe at the end of February, there will be some agreements to give a good dividend yield,
18:39 historically, the BBRI and BMRI gave a fairly high dividend yield,
18:47 with 2.8 and 2.9 percent respectively.
18:51 So, we are sure that not only capital gain, but dividend yield,
18:57 those two stocks are ...
19:03 Okay, unfortunately, Mr. Mirsa, our time is limited,
19:12 and hopefully what we discussed this morning can be a reference,
19:16 and we just talked about some gold stocks, such as PSAB,
19:23 and Antam also strengthened this morning,
19:26 maybe it responds to the world's gold that touched the highest level in the last week.
19:31 Mr. Edza, thank you for sharing and recommending,
19:35 and the decision of Mr. Mirsa's investment is back in your hands.
19:39 Thank you.
19:41 (electronic music)