Analisis Saham Pilihan: PWON, ERAA, ASSA, BBR

  • 3 months ago
"Saksikan tayangan kami Official Youtube IDX Channel di Program Power Breakfast, Kamis (25/07/2024) dengan Tema Analisis Saham Pilihan: PWON, ERAA, ASSA, BBRI".

Category

📺
TV
Transcript
00:00We're back with us in MarketBuzz and we'll continue our discussion on the market today.
00:05Mr. Gembong, earlier we had BBCA and BBRI being discussed.
00:09Still from the banking sector.
00:11For the other big caps, we have BBNI and BMRI.
00:15While we wait for the financial report to be released,
00:18what do these two stocks look like?
00:20Are they still interesting compared to BBRI?
00:23Or are they less competitive compared to the previous stocks?
00:28Fundamentally speaking,
00:31the report of these two stocks, BNRI and BMRI, will be positive.
00:37The only thing left is whether the growth is double-digit or single-digit.
00:43The growth should be single-digit.
00:46If we look at the price,
00:49BNRI for example,
00:51is currently at 6,500.
00:54The initial target is still around 7,200-7,300.
00:58BNRI is currently at 5,100
01:03with a target of 5,500-5,600.
01:06It's still attractive.
01:07But if we look at all the big banks,
01:10BNRI is the most attractive valuation.
01:12Why?
01:13Because the drop rate is already an anomaly.
01:18Usually, the drop rate is around 5-10%.
01:23But for BNRI,
01:25the position this year is an anomaly.
01:28From March to June,
01:30the drop rate is around 36%
01:32before today's rebound.
01:35Something like that.
01:36Okay, BNRI is at 5,100 year-to-date.
01:39It turns out that this is still a weakness.
01:42For recommendations or levels that can be discussed,
01:45where is it, Mr. Agembong?
01:47Okay.
01:48Next week,
01:49please release two financial reports,
01:52usually in July or August.
01:55So, if we talk about BNRI first,
01:59the level is 4,800-4,900.
02:02That's for the area to buy, GCIL.
02:06Then the second,
02:07from the tech profit side,
02:09at 5,500-5,600.
02:11That's from the BNRI side.
02:13As for the independent side,
02:15it's at 6,475-6,000.
02:19The levels discussed are around 6,300-6,200.
02:24With the target price at the end of the year,
02:27at least it can reach 7,000-7,200.
02:31Okay.
02:32The levels that can be discussed for BNRI and BNRI,
02:35while we see,
02:37as Mr. Agembong said,
02:39how big is the growth
02:41whether it's single-digit or double-digit.
02:44From the banking side,
02:46aside from this sector,
02:47are there any other requests
02:49that we can anticipate from the financial performance report
02:52or the stock market?
02:53Before we discuss the stock market,
02:55Mr. Agembong.
02:56Okay.
02:57If we talk about macroeconomics,
03:00globally,
03:03there is already an indication
03:05that there will be a global recovery.
03:07In the US,
03:08the inflation rate has been the lowest since 2021.
03:13Currently, it has reached 3%.
03:15It opens up space
03:17for the decline of the flow rate
03:19once this year, in 2024.
03:22This is also a positive sentiment,
03:25especially in the property sector.
03:28With the decline of the flow rate,
03:30it's a positive catalyst for the property sector.
03:32So, what we see in the property sector,
03:36that's the first.
03:37Secondly,
03:38on the consumer side,
03:40we can see that
03:42there is already an increase in the recovery
03:46related to retail business or activities.
03:49These two sectors are our headlines,
03:52aside from the banking sector.
03:53Okay.
03:54The sectors that you can observe,
03:56Mr. Mirsa,
03:57in the current macroeconomic conditions.
04:01But in general,
04:02Mr. Agembong,
04:03can you give us some advice?
04:04In the midst of the financial report release season,
04:07what should investors or IDX Channel friends
04:11be aware of
04:12so that they don't get carried away by the euphoria?
04:14Even though the stock price
04:16is not that interesting.
04:18Okay.
04:19So, in the market,
04:21there are three analyses.
04:22If we talk fundamentally,
04:24it will focus on the company,
04:27the company's energy,
04:28and its valuation.
04:29Well, one of the fundamental drivers,
04:32is whether there is an increase in earnings.
04:36The growth on the stock market is the most important.
04:39That means we will look for stocks,
04:42especially from which sectors,
04:44which will still grow in terms of the stock market or earnings.
04:50That's the first.
04:51The second,
04:52if it's related to the price,
04:54again,
04:55the market price,
04:57discount everything,
04:58that the price is created
05:00by people related to fundamental, technical,
05:02even,
05:03yeah,
05:04banknormology.
05:05So, if the price is another story.
05:07The price is related to technical analysis
05:11and analysis of transactions.
05:13So, it's not necessarily a company that
05:15in terms of earnings or financial reports is good,
05:19but the price can increase in a short time.
05:23So, we usually have to combine.
05:25If we look at the fundamentals,
05:27we look at the valuation and growth
05:29on the stock market,
05:31and also combine it with when to buy and when to sell,
05:34then make sure with the movement of price estimation
05:36or with technical analysis.
05:38That's usually what we do.
05:40Yes, by combination.
05:41This still has to be done,
05:43by investors or traders,
05:45so that they can still make decisions
05:48according to the current market conditions,
05:50while we see how the fundamental works.
05:52So, whatever it is,
05:54your recommendation or choice,
05:56Mr. Gembong,
05:57we've got the data.
05:58Maybe we can show it first.
06:00Investors, let's take a look at the shares
06:02or recommendations today.
06:07This is P1.
06:09The recommendation is buy,
06:11with the level of support and risk that you can observe.
06:14Then there's also ERA.
06:16This also got a buy recommendation.
06:18Next, the third one is ASSA.
06:22This is ASSA,
06:23also got a buy recommendation,
06:25and also BBRI.
06:28There's support and level,
06:29or resistance that you can observe,
06:31with a buy recommendation.
06:33Let's try to dig one by one.
06:35Mr. Gembong,
06:36one recommendation share,
06:38there's P1 there.
06:40Why does P1 become quite interesting?
06:42Yes.
06:43So, if you look at the trend,
06:46that there will be a decline in the flow rate,
06:49at least at least once,
06:51or in the future there will be a flow rate,
06:53because the sector that benefits from the positive catalyst
06:55is the property sector.
06:58Why do we take,
07:00from the property sector,
07:01the segment for METAN is P1?
07:04We see that,
07:05first, in terms of valuation,
07:07this is quite attractive.
07:08Fundamentally, the valuation is very low.
07:11Second, here,
07:12if you look at the chart,
07:14you can see that
07:16this is still a trend up,
07:19or a trend up,
07:20with a significant increase in volume.
07:23So, this is what pushes us to choose the P1 stock.
07:26Okay, for those who don't have it yet,
07:28is this the right time,
07:30or is there a certain level that must be waited for first?
07:33Okay, for the P1 level,
07:36the support is at 410 or 400,
07:38with the resistance target at 440.
07:42For the buy area,
07:44we wait for the range at 410-415,
07:48with the resistance target at 450-460.
07:50So, if you want to buy,
07:53once again, this is a disclaimer on,
07:55we wait at level 410,
07:58something like that.
07:59Wait at level 410,
08:01but the price is quite right for this P1,
08:04is it just a short price,
08:06because of the sentiment of the flower tribe,
08:07or can it be held for quite a long time?
08:09Okay, in terms of technical approach,
08:12we use an uptrend analysis
08:16with moving average,
08:18so it's actually suitable for swing trade.
08:21Suitable for?
08:22Not day trade.
08:23Swing trade,
08:24let's say 1-2 months ahead,
08:28it's very suitable.
08:30Usually, my typical support is swing trade,
08:32not day trade.
08:33Okay, swing trade for P1,
08:35with the support level that can be observed,
08:37there was also a buy level that you can wait for.
08:40From P1, we move to the next choice stock.
08:43This is an era stock,
08:45the Jaya era is one of the recommended stocks.
08:48From Mr. Gembong, the current level is at 420.
08:51Where do you want to go next?
08:53Yes, if you go to the central trend,
08:55follow the trend,
08:57then 450-490 is the target.
09:01That's from CCRO.
09:03Okay.
09:04Fundamentally speaking,
09:05it's also very attractive,
09:07with the current conditions.
09:09Then, in terms of real business,
09:12there is a significant expansion,
09:14especially in terms of opening new branches in the era.
09:18We feel that fundamentally,
09:21it will be good enough to support the rise in the price of this stock.
09:24Because it's relatively very cheap,
09:28where the support is at 400-380,
09:32it has already been passed,
09:34and now it's at 420.
09:37Technically, this should also support the rise.
09:40The trend is still up.
09:42The trend is still up,
09:44supporting the rise.
09:47The current level is at 420.
09:49If you already have it,
09:50you can just add the portfolio of the era, Mr. Gembong.
09:53Yes, add on.
09:55Add on for the era.
09:57The levels are as mentioned,
09:59the viewers can be a note for you.
10:01But once again,
10:02it's up to each of you to decide.
10:05From the Jaya era,
10:06we move on to the next stock,
10:08which is ASSA.
10:10The recommendation is also good,
10:12it's recommended for this stock.
10:14ASSA, what can then be a note?
10:17ASSA, if we talk about the technical level,
10:20it's the same,
10:21it will still break at the key level,
10:25at around 800,
10:28moving average 200.
10:29So when it breaks,
10:31then in terms of medium or swing trade,
10:34the target will be around 850-900.
10:40That's from the ASSA side.
10:42This is more purely from the technical side,
10:45with the concept of trend,
10:47that is with moving average 5, 10-20,
10:51the price is above the moving average.
10:54Okay, but the further target for ASSA
10:56is actually at what level, Mr. Gembong?
10:581000.
10:59Level 1000 for ASSA.
11:01Level 1000.
11:02At the moment, at 810,
11:04we see that the trading level is 0.62%.
11:08For the third option,
11:10there is ASSA or Adi Sarana Armada.
11:13Then we move on to the fourth option,
11:15actually it was already mentioned a little earlier,
11:16but there is BBRI there.
11:17I'm sure there are friends who have just joined.
11:20BBRI, once again, Mr. Gembong,
11:21this can be delivered.
11:22Why did you finally enter the option?
11:25Okay, we deliver it as a valuation,
11:29this is very attractive,
11:31the position with the target value
11:34of Adi Sarana Consensus
11:36at IDR 5,900-6,000,
11:38but 12 months ahead.
11:40At this time, of course,
11:43today released a financial report,
11:46a slight increase, 1.13%,
11:50automatically, this is below the consensus.
11:55When below the consensus,
11:57then for those with BRI,
12:00buy on witness or buy on support,
12:03so our recommendation when in BRI
12:08uses the price of IDR 4,590-4,600.
12:14So why?
12:15Because we know that this will be corrective to that area.
12:18At the time of IDR 4,600,
12:20you can already sell.
12:21Why?
12:22Because again,
12:23again, in terms of performance,
12:26increased by 1.13%,
12:28although thin,
12:29but in terms of value,
12:31it's IDR 29.9 trillion.
12:34This year's target,
12:35if it's in terms of BRI management,
12:37at IDR 60 trillion per year,
12:39then this should be achievable,
12:42in terms of performance.
12:43Okay, buy on witness for BBRI,
12:45and we see that at the beginning of the opening,
12:47it turned out to be correct.
12:48BBRI even reached 1.26% to 4,720 bikes.
12:52Those were the four witnesses' choices,
12:54which you can pay attention to.
12:55But once again, disclaimer on.
12:56We return the decision to each of you.
12:59Mr. Gembong, this ISG has also started to be opened.
13:01Let's just take a look at it.
13:02The sample is already weak,
13:05more or less 0.37%.
13:06But later we will dig further
13:08related to the current ISG opening position
13:10and what are the suggestions for the witnesses.
13:12Later, don't hesitate,
13:13stay with us, MarketBus will be right back.
13:16Yes, back with us in MarketBus.
13:18Witnesses, and before we continue our discussion,
13:20let's first take a look at the opening position of the ISG.
13:24In the trading on Thursday,
13:26we see that the ISG was opened in the weak zone,
13:30or in the red zone,
13:32with a weakness of 0.47%
13:34to the level of 7,228.47.
13:39Meanwhile, if we look at the moving stocks,
13:42this is included in the movers and also losers,
13:44as you can see on the screen.
13:46This is Fuji, this is up 24.21%.
13:49Heli, Ceka, Isea, Main, Park,
13:51Ocas, MCAS, SPRE.
13:54Meanwhile, the losers here are
13:56BSBK, UNVR, WIM,
13:59Agro, Wika, TNS, LPPF,
14:02BBYB, and also PTMP.
14:12Yes, the ISG on Thursday's trading
14:14was opened in the weak zone.
14:16Mr. Gembong, looking at the current level,
14:18is it still in line with expectations?
14:20Yes.
14:21At the moment, it's at 7,226.
14:25The financial report has just been released,
14:28and there are several moving index stocks,
14:32so the key level of the ISG
14:35is still at 7,050 to 7,100.
14:39If that's not yet broken,
14:41then I'm still optimistic about the rise.
14:44But if it's broken, 7,050 to 7,100,
14:48then the potential is very likely to be under 7,000.
14:51Okay, it's still very likely
14:53to break at the previous levels.
14:55So, what are your suggestions
14:57for investors or friends of IDX China
14:59looking at the current opening conditions
15:01and also the various sentiments?
15:05Focus on stocks or sectors
15:07that are still growing.
15:10The valuation is quite interesting,
15:13why?
15:14Because the ISG itself is in the drive,
15:16especially on the side of conglomerate stocks,
15:19it becomes an anomaly.
15:21For example, today,
15:23the financial report of BCA is good.
15:25Automatically, the price and expectations
15:27will also increase,
15:28with a target of 10,400.
15:30But when the BRI report is not up to expectations,
15:33even though it grew 1.13%,
15:36people are focused on,
15:38okay, this growth is not up to expectations,
15:40plus the NPL side is up,
15:42then it becomes the main sentiment,
15:44then it will be negative
15:46on the BRI side.
15:48Meanwhile, groups of ISG,
15:51for example, especially in conglomerates,
15:53there are brands, BIA, then M&M.
15:56If they are quite negative,
15:59then it will be an incentive
16:02for ISG to correct.
16:04Okay, but can I move a little,
16:07Mr. Gemung, to the side of commodities.
16:09Also gold, it turned out to be listed as leaping.
16:11Yesterday, the price of oil fluctuated quite a lot
16:14in the middle of the BRI field price sentiment
16:16which seems to be hot.
16:18What about the commodities themselves,
16:19is there anything that can be observed,
16:21be it gold commodities or MIGA itself?
16:23Okay, if we talk about the movement
16:26on the global side,
16:29especially on the American side,
16:31with Biden's decision to step back,
16:34there is uncertainty there.
16:36Indeed, it suggests for the president's representative,
16:39Kamala Harris, to replace her successor,
16:42but it takes time.
16:43It means that in the next 3-4 months,
16:45they still need time to decide who the candidate is.
16:48But indeed, for the survey,
16:50from Donald Trump's point of view,
16:52it is quite positive,
16:54quite superior on that side.
16:57What about the commodities?
16:59If it is related to uncertainty,
17:03then gold will be an interesting side.
17:05The gold sector's commodities will be interesting.
17:08As for the gold itself,
17:10it is currently at 2,400.
17:12Yesterday, it was at 2,470,
17:16the highest before now at 2,400.
17:19So, in reality, it is a positive sentiment
17:22for the gold sector.
17:24But what are the commodities?
17:26There is ANTAM, there is MDKA,
17:30but these two commodities are related to energy
17:33or support cases, it is still anomalous.
17:36So, for gold,
17:38we usually have two options.
17:41For example, on the side of gold,
17:44there is Harta,
17:46and the second is from the side of BRMS.
17:49That is on the side of the choice of gold.
17:51Because it is from their side,
17:53the production is on the side of gold.
17:54Okay, two stocks among various.
17:57Many of the gold commodities stocks
17:59can be observed like that,
18:00and also a number of sentiments
18:01related to the movement of the community,
18:02of course, can be observed too.
18:03Who knows, we can take it
18:05or we can take advantage of the opportunities available.
18:07As it turns out,
18:08we can still dig more,
18:09but unfortunately our time is limited.
18:11Thank you very much for the information today
18:14and good luck to you.
18:16Thank you, Mas Wajar.
18:17Thank you, Tim.
18:18Goodbye.