"Saksikan tayangan kami Official Youtube IDX Channel di Program Power Breakfast, Kamis (26/09/2024) dengan Tema Peluang Saham Perbankan Big Caps di Tengah Profit Taking."
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00:00We will discuss the economic agenda that we will discuss, from the United States, there is data, or there is the data of Governor Tvet Jerome Powell, and there is also the data of the Minister of Finance Janet Yellen, then from Canada there is manufacturing sales data, and from Europe there is the ECB data, and also from Germany there is the data of the Deputy Governor of the German Bundestag, then from Japan, the results of the European Commission, and from the United States there is the data of the Minister of Finance,
00:30the results of the Monetary Policy Council, then from Hong Kong, trade, and from Singapore, industrial production,
00:36then from Thailand there is data on industrial production, from the METAN Agenda, the MCAS held a general meeting of the shareholder,
00:45Wi-Fi as well, Kino held the European Commission, and IJE also held the European Commission, while BIF held the bonus shareholder day,
00:54and next we will look at the opening of the main Asian exchanges this morning.
01:00The opening of the main Asian exchanges this morning was MIX with Nikkei at 1.78% at level 38,543,
01:10STIC Singapore at 0.16% at level 3,577,
01:15KOSPI Korea opened at 1.92% at level 2,646,
01:19and Hang Seng Hong Kong opened at 0.68%.
01:35Yes, to discuss this morning at MarketBus, we have contacted Mr. Andika Ciptalabora,
01:40an analyst from PT Kanakahita Solvera. Good morning, Mr. Andika.
01:47Hello, Mr. Andika.
01:48Hello, good morning, Mr. Wiki.
01:50Good morning. Thank you, Mr. Andika, for joining us at MarketBus this time.
01:53How are you, Mr. Andika?
01:56Good. Mr. Andika, if we talk about the weakening of the ISG,
02:00yesterday it was weakened by Samsung based on financial or banking,
02:04does this indicate that the euphoria of the flower family has faded,
02:08or is there actually another sentiment, Mr. Andika?
02:13Okay, if I look at it, yesterday there was an explosion at the beginning of session 1,
02:23and it did respond to the negative news from China,
02:30where the central bank has the potential to reduce the flower family,
02:36which in the eyes of investors is a drawback.
02:41So, the investors in the country are pulling their money,
02:45like that, there is a concern to pull their money,
02:48because the banks that are the driving force of the ISG
02:51and have a large weight in the ISG, the finance sector,
02:55are the driving force of the index in yesterday's trading.
02:59BRI only had 5% yesterday, like that.
03:03Okay, does this mean that this is just a temporary weakness,
03:06or do you then see that the investors see other sectors that are more interesting,
03:12or maybe they just realize the benefits
03:16Okay, I also see that there is a factor in the profit-taking action
03:19that has been done by the investors,
03:22where these banks have given a return,
03:25giving a return of about 15% to 20% from the beginning of June.
03:30It seems that it is indeed made by the investors to take profit.
03:34However, in my opinion,
03:37this is just a temporary weakness,
03:41where the main sentiment is still one thing,
03:44that is, the Fed is lowering the flow rate.
03:47And indeed, if the Fed lowers the flow rate,
03:50an emergency market like the ISG
03:53is still a drawback itself,
03:56because the investors are starting to spend their own money.
03:59So, I think this is just a temporary weakness.
04:02Okay, I think this is just a temporary weakness.
04:05So, I think this is just a temporary weakness.
04:09The investors are starting to spend their own money
04:12from the development market to the emerging market.
04:15Okay, so the sentiment related to the lowering of the flow rate
04:18from the Fed should last for a long time,
04:21but the correction that happened yesterday
04:24is just profit-taking, right?
04:27That's right, sir.
04:28Okay, can it be used to get into the mutual funds
04:31that were corrected yesterday,
04:34or do you still see the possibility of a weakness
04:37In my opinion,
04:40this can indeed be an opportunity
04:43for us to buy on weakness like that
04:46for us to buy on weakness like that
04:49in the banks, as well as in the BRI.
04:52The BRI itself is interesting,
04:55yesterday it touched 5,200.
04:58If we look at it,
05:01this hammer indicates
05:05that there is a potential increase today.
05:08Like that, sir.
05:09Okay, so at the opening level,
05:12still at the discounted level,
05:15it is recommended to be able to enter immediately
05:18before it can finally go up again
05:21to the mutual funds, right?
05:24As long as the BRI.
05:27As long as the BRI.
05:30There was also a gap yesterday,
05:34to close the gap itself,
05:37the BRI has a chance to go up to 5,525
05:40and the closest resistance is 5,575.
05:43Okay, Mr. Andika, if we look at this ESG weakness,
05:46what is also interesting is
05:49happening in the middle of China
05:52which provides stimulus for the domestic economy.
05:55How do you see the correlation
05:58and how soon can it become
06:01an anomaly like that
06:04because from the US the sentiment is positive
06:07and from China it is also like that.
06:10What do you think, Mr. Andika?
06:13Okay, if I look at it myself,
06:16with the closure of the Bunga tribe in China itself,
06:19it is a stimulus made by the government.
06:22This will make it the same as in Indonesia
06:25when the Bunga tribe is down,
06:29because the investors are pulling their money
06:32so it will be turned to the real sector.
06:35Because of the potential economic growth,
06:38of course it will have a positive impact
06:41to emit commodities like that.
06:44Because Indonesia itself
06:47does a lot of coal exports to China
06:50then there is also a rise in nickel
06:53so it is indeed
06:57a positive sentiment
07:00for the price movement.
07:04Okay, Mr. Andika,
07:07your voice suddenly disappeared.
07:10Hello, Mr. Andika.
07:13Mr. Andika, if we talk about
07:16Samsung based on commodities,
07:19is it specifically a farm or energy
07:22that then gets a positive sentiment?
07:25In a specific way, maybe interesting commodities
07:28to be respected, Mr. Andika?
07:31I myself see from the technical movement,
07:34there is Indica Energy and Doit.
07:37Indy and Doit.
07:40Indy and Doit are interesting.
07:43Also the gold commodity
07:46when the price of the movement,
07:49the price of the gold of the all-time high
07:52is interesting, there is already an inflow
07:55in gold commodities like that.
07:58Okay, based on energy or maybe coal
08:01and also gold commodities,
08:04interesting to be respected.
08:07If we look at it,
08:10you recommended Samsung based on commodities
08:13only for a short period of time,
08:16only for trading?
08:19Until a month or two months ahead,
08:22it still looks okay,
08:25because like coal at the end of the year,
08:28there is another sentiment coming,
08:31which is the coming of the cold season
08:34in the Middle East, in Europe, in China.
08:37So it will increase coal demand
08:40like in China, East Asia, Japan, Korea,
08:43like that.
08:46Okay, that means from Samsung based on commodities
08:49that you mentioned earlier,
08:52the price is indeed cheap and the upside potential is interesting
08:55if then the term of investment is 1-2 months,
08:58or is there another reason?
09:01Maybe there is a fundamental reason behind it.
09:06More to the technical inflow,
09:09if I look at it, like Indica,
09:12it helps up-and-handle, the volume is also large,
09:15so it is also included.
09:18Okay, from Samsung based on commodities,
09:21let's go back to Samsung based on banks.
09:24If we look at it, from Samsung Bank that you mentioned earlier,
09:27BBRI, is this the most interesting stock
09:30in terms of price
09:33compared to other Samsung based on banks
09:36that experienced a weakness yesterday
09:39but did not happen at the BBCA,
09:42which was reversed yesterday.
09:45What if we want to look at the price valuation, Mas Andika?
09:52Okay, if it's a stock based on banks,
09:55if we look at the value of PERR or PBV,
09:58I see the cheapest one is
10:01BBNI,
10:04between big banks, like BBNI.
10:07If I look at it, BBNI and BRI
10:10are still interesting,
10:13because there is still an upside potential
10:16to the all-time high resistance.
10:19If we look at it, BCA is already an all-time high,
10:22Mandiri is also an all-time high,
10:25so what still gives an interesting upside is
10:28BNI and BRI.
10:31Okay, because the valuation is still cheap
10:34compared to other Samsung based on banks.
10:37If we look at other interesting things,
10:40such as sentiment in the country or domestically,
10:43related to the election,
10:46usually interesting sectors are based on consumer goods.
10:49Is there a correlation with this analysis,
10:52or what is it like, Mas Andika?
10:55Okay, usually in the election season
10:58or the press election,
11:01the purchasing power of the people increases
11:04so it becomes a positive sentiment
11:07for the movement of the consumer sector.
11:14I agree with the opinion that
11:17in this political year, it becomes a positive sentiment
11:20for the movement of the consumer sector.
11:23Okay, what are the interesting consumer sectors,
11:26Mas Andika?
11:29If I look at it, this is a new movement,
11:33even though technically it is still a downtrend,
11:36namely Unilever.
11:44The volume is starting to increase.
11:47There is resistance at 2,300.
11:50It looks like if it breaks 2,300,
11:53Unilever will be close to 2,450.
11:56Okay, because in one week it has grown by 4.55%.
12:00Maybe this is also a sign of this election sentiment.
12:03Because if we look at it,
12:06the movement of Unilever itself
12:09has only started to strengthen in the past month.
12:12If we look at it, from 3 months to 6 months,
12:15year to year,
12:18it still records a red report
12:21for the price movement.
12:242,300, Unilever becomes an interesting level to enter.
12:28Yes, if we look at Unilever,
12:31it's like a buy-on-breakout.
12:34Okay, another interesting thing for us to discuss
12:37is related to the moment
12:40when the new government will be appointed
12:43in October.
12:46What are your hopes related to BUMN Karya
12:49or maybe Samsung
12:52that will benefit
12:56from the various programs implemented
12:59by the next government, Mr. Sandika?
13:02Okay, if I look at it,
13:05in about a month,
13:08there will be a presidential election.
13:11Well, the free lunch program
13:14will still be the headline.
13:17Because this is indeed a campaign promise
13:20for a new partner.
13:24Okay.
13:27Okay.
13:30Okay.
13:33Okay.
13:36Okay.
13:39Okay.
13:42Okay.
13:45Okay.
13:48Okay.
13:51Okay.