"Saksikan tayangan kami Official Youtube IDX Channel di Power Breakfast, Rabu (23/10/2024) dengan tema Cermati Saham Pilihan: AALI, MDKA, ENRG, PWON."
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00:00Thank you for joining us, I'm Mas Andika Ciptalabora, PT. Kanaka HITASOLVERA's analyst.
00:05We will now take a look at the recommendations from Mas Andika this morning.
00:09Among them, there is AALI with support at 6675,
00:13RSS at 7050, a good recommendation.
00:15Then there is MDKA with support at 2480,
00:19and RSS at 2620, a good recommendation.
00:21ENERGY with support at 2700,
00:24which is a good recommendation.
00:26RSS at 2620, a good recommendation.
00:28ENERGY with support at 250,
00:30RSS at 266, a good recommendation.
00:32And PEWON with support at 478,
00:34and RSS at 525,
00:37which is a good recommendation.
00:39Let's go to AALI first, Mas Andika.
00:42Okay, AALI.
00:44If we look at it, yesterday it was closed.
00:47You also,
00:49this is a large volume,
00:51this is Brick 6850.
00:54There is the next resistance at 7075 to 7125.
00:59It looks like for today's trading,
01:02in the middle of the sentiment,
01:05the CPO price has increased in yesterday's trading,
01:08and there is also a government plan for Biodiesel B60.
01:12It looks like there will be an increase in potential
01:15for AALI to 7075 to 7125.
01:20Okay, good.
01:22For AALI, the last level is at 6900.
01:25Is this an interesting level to be able to enter
01:28with the support you provided at 675?
01:31Are you waiting for a correction first, Mas Andika?
01:34If I look at it, it's still in Wave 3.
01:37It looks like Wave 3 from Wave 5
01:39there will be a potential for further strengthening.
01:43The buyers can start buying
01:45at the price of the closing yesterday, like that.
01:49Okay.
01:50Is it recommended for long-term trading for AALI?
01:53It looks like for the short term first, Mas.
01:55Okay.
01:56Fundamentally, it's not too interesting for AALI, right?
01:59Fundamentally, for AALI,
02:02if I look at it,
02:04until semester 1,
02:06year-on-year,
02:08from semester 1, 2023 to 2024,
02:11there is a clear increase.
02:13It looks interesting.
02:15And we also know that AALI is Astra's child,
02:18with a small equity ratio,
02:20and this imposes a minimum debt.
02:22It should be good for AALI.
02:25Okay.
02:26While also looking at various sentiments
02:29that promote such a commodity.
02:32From AALI, we go to MDKA.
02:34What is the analysis like, Mas?
02:36I still highlight MDKA
02:40because it's in the middle of the gold price,
02:45which year-to-date has risen by 30% or up to 40%.
02:51It's still very lagging.
02:54If we compare it to other gold emitters,
02:57such as BRMS or PSAP.
03:01So this is an opportunity for us to buy MDKA
03:09when the price is still lagging
03:11in the middle of the rise in the world gold commodity price.
03:14Okay.
03:15Has the last price reached the normal price?
03:19Or do you still see the possibility
03:21to continue to weaken for MDKA
03:24so that we can then enter a cheaper level
03:27considering the potential upsell
03:29for MDKA itself?
03:32If I look at it now,
03:34if we compare it to BRMS, PSAP,
03:36which is already a multi-bagger,
03:38the price of MDKA should still be cheap.
03:41Okay.
03:43Has the target price reached the end of the year?
03:46The target price has reached the end of the year.
03:49If the gold price continues to be at an all-time high,
03:52we can go to IDR 3,000 to IDR 3,200.
03:55Oh, that's quite far.
03:57If we look at the last price at IDR 2,570,
04:00and then you see the possibility
04:02to enter the IDR 3,000 level
04:04if the gold price continues to be at an all-time high.
04:08Okay, the recommendation is to buy MDKA.
04:10Then from MDKA, we shift to energy.
04:12How is it, Mas?
04:14Energy is also in the middle.
04:16The relationship in the Middle East is getting hotter
04:19because of the attack of Israel's retaliation against Iran.
04:22This makes in the last two trading days,
04:25the world's gold price jumped by about 3% or more.
04:29If we look at it,
04:31energy forms an inverted head and shoulder pattern.
04:36The energy in the front is closest.
04:40There is resistance at IDR 2,660,
04:43then at IDR 2,840 up to IDR 3,200.
04:47Okay.
04:48The last energy level is at IDR 2,560.
04:51In one week, it has increased by 13.27%,
04:54and in one month, it has increased by 21.9%.
04:57This continues to record a positive movement for energy.
05:02If we look at it,
05:03compared to your peers,
05:06what is the value of energy?
05:10The value of energy is still traded at IDR 5.79% and PBV 0.56%.
05:22It should still be cheap, right?
05:24Okay.
05:25From energy, we move to the property sector.
05:28What is it like, Mas?
05:29Energy can be divided on weakness,
05:32because if it doesn't go below IDR 4.78%,
05:36it should still have potential at the end of wave 2 from wave 5.
05:40So there is still a chance to experience 5.70% strength.
05:44Okay.
05:45One week, it has weakened by 2.75%,
05:47and in one month, it has weakened by 1.78%.
05:50If we look at the weakness trend,
05:55what do you think is the level,
05:58or what are the possibilities for it to weaken today?
06:02It looks like there will be consolidation today,
06:05because it is already close to its support.
06:08Okay.
06:09The last level, IDR 4.96% is quite cheap for you, right?
06:13Yes, Mas.
06:14What is the target price for you at the end of the year?
06:17It still has a potential of IDR 5.50%.
06:20Okay.
06:21Okay.
06:22Those are the weaknesses recommended by Nika.
06:24This morning, there are ALI, MDKA, NRG, and POON.
06:28Okay.
06:29Let's go to some things that are still related
06:32to how the government of Prabowo-Gibran
06:36can run fast to chase economic growth
06:39up to 8%.
06:41We have seen the line-up of the ministers.
06:45How far can this become a front line
06:49that can be the front line
06:54to chase economic growth up to 8%?
06:58What are the market expectations, Mas?
07:01Andika.
07:03With the establishment of the cabinet,
07:06it looks like there will be optimism from the market players
07:11to see this new government run well.
07:16Okay.
07:17Okay.
07:19From the macro policy,
07:21although it hasn't been announced yet,
07:23but there is optimism, right?
07:25That's right, Mas.
07:26Okay.
07:27What concerns should be considered
07:30by the government of Prabowo-Gibran in the future?
07:33Or at least 100 days in the future.
07:36This must be pursued.
07:38And from the point of view of investors,
07:40there must be improvement in this matter.
07:43What is it, Mas?
07:45Is it inflation control?
07:47Or is it related to various stimulus
07:50to increase the purchasing power of the community?
07:52We remember a few times ago,
07:54there was a record of deflation for 5 consecutive months.
07:57What do you think, Mas?
07:59Okay, if we look at it,
08:01for now, the market sentiment
08:06is more like that.
08:08The new government wants
08:10that we are experiencing deflation.
08:14This indicates that the purchasing power of the community is decreasing.
08:18It is hoped that
08:20in the new government,
08:22the purchasing power of the community will increase,
08:24and also
08:26a lot of jobs are available,
08:28so that it can make the purchasing power of the community increase.
08:31That's what it looks like, Mas.
08:33Okay.
08:34Okay.
08:35Those were some analysis related to optimism
08:37from the market itself
08:38about the government of Prabowo-Gibran.
08:40It was promised that
08:42it will be filled by people
08:44who have a background
08:46according to the nomenclature
08:48that he holds.
08:50Are you optimistic enough?
08:52Professionalism will be
08:54really promoted
08:56by our ministers.
09:00That's right, Mas.
09:02Okay.
09:03From what we have discussed earlier
09:06related to the government of Prabowo-Gibran,
09:10to RUPS Bursa Efek Indonesia,
09:12is there anything special
09:14that the analysts should pay attention to
09:16related to the policies taken
09:18and so on, Mas Andika?
09:22It looks like
09:24for this,
09:26we are more to
09:30the existence
09:32of a good ecosystem,
09:34so that later
09:36there will be more investors
09:38who will be interested
09:40to enter the capital market,
09:42which is to invest their money
09:44to be more profitable,
09:46so that both domestic and foreign investors
09:48can support IHSG,
09:50the movement will be more active,
09:52like that, Mas.
09:53Okay. Which part of the ecosystem
09:54needs to be exercised by Bursa Efek Indonesia
09:56as a regulator, Mas Andika?
09:58Like that,
10:00making good regulations,
10:02like that, Mas.
10:04Okay.
10:06Clearly, in the future,
10:08it is expected that there will be an increase
10:10in the number of investors themselves,
10:12so that later,
10:14as a majority,
10:16the movement can be controlled
10:18by domestic investors,
10:20not just following what is done
10:22by foreign investors, like that.
10:24Correct, Mas.
10:26Okay. Mas Andika,
10:28we will see the movement of IHSG
10:30or maybe the opening of IHSG,
10:32at the opening of session 1 today,
10:34it seems to be weak
10:36at the level of 7,788,830.
10:39And the companies that are included
10:41in the Top Genos list are PTRO,
10:43Energi, AMRT,
10:45Gotoh, TPIA, PNBS,
10:47JAR, PNLF, GZ,
10:49CO, Raja, and M-Sky.
10:51After that, for the losers,
10:53there are BBRI, Telkom,
10:55PSAB, Dewa, Astra International,
10:57IOTF, MTK,
10:59Wi-Fi, and also INPC.
11:01Interestingly, we discussed about Astra International,
11:03as you said,
11:05there will be a weakness
11:07in Astra International.
11:09And what is also interesting is that
11:11it is similar to Gotoh,
11:13you are still a Top Generous.
11:15Mas Andika,
11:17how do you see the Top Generous
11:19and also the Top Losers
11:21at the opening of session 1 today?
11:23Okay, as I saw earlier,
11:25the Top Generous is still Energi,
11:2710% increase.
11:29This is interesting, Energi,
11:31so the resistance target has been hit.
11:33Like that.
11:35And if we look at Gotoh,
11:37it's still going up slightly,
11:39still around 7.4-7.6,
11:41now it's still 7.3.
11:43As for Astra,
11:45for now,
11:47as I said earlier,
11:51in conclusion,
11:53there will be a profit taking
11:55for today's session.
11:57Okay, that's why the Top Losers
11:59at BBRI and Telkom
12:01are weak at the opening of session 1 today.
12:03How can this be used
12:05as a momentum to enter
12:07BBRI and Telkom, Mas Andika?
12:09Yes, BRI
12:11does support 4-7-60,
12:13like that.
12:15Support 4-7-60.
12:17For Telkom?
12:19Because it is still at the current level,
12:21it looks like it can be used
12:23for buy-on-weakness first.
12:25Okay, how about Telkom?
12:27So, it can be used for buy-on-weakness.
12:29Like that.
12:31Okay, that's all the analysis
12:33from Mas Andika.
12:35I hope it can be a reference
12:37and a source of information
12:39for today's market players
12:41and can be used as a reference.
12:43But back to you,
12:45Mas Andika,
12:47our time is limited.
12:49Thank you for joining us.
12:51Good luck.
12:53Okay, Mas. You too.