IHSG -0,14% ke 7.777,96 di sesi I Rabu (23/10). Sektor barang konsumen primer +0,78% AMRT +4,07%. Sektor properti -0,88% PANI -2,84%, sektor barang baku -0,37% PSAB -7,54% dan sektor infrastruktur -0,34% TLKM -2,33%. Saham perbankan Big Caps BBCA menguat sendirian ditengah penantian lapkeu kuartal III 2024. Dari global, Bursa ekuitas Wall Street berakhir sedikit berubah, Selasa, namun Nasdaq mencatat kenaikan moderat. Sementara investor mencermati imbal hasil US Treasury dan menunggu lebih banyak laporan keuangan Kuartal III 2024.
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TVTranscript
00:00Thank you for joining us and in this segment, we will review how the trade is going throughout the day.
00:05And we remind you again, you can still participate in our interactive WhatsApp,
00:10viewers, which you can watch on your television screen.
00:14And right now we are connected via Zoom with Mr. Hari Suwanda, CEO of Akela Trading System.
00:20We will go straight to Mr. Hari, good afternoon, how are you, sir?
00:23Good afternoon, Mr. Hari.
00:25Thank you for inviting me.
00:27Thank you also, Mr. Hari, for spending your time on IDA Channel.
00:31It has been the last 8 days since the Indah Kargasa joined.
00:36This has been a fortuitous strengthening, especially on the closing of today's trade.
00:43It seems that the dominance is moving in the red zone.
00:47Weakening at 0.16%.
00:49How do you see the achievement of the Indah Kargasa joined?
00:53In the last 8 days of trade, intraday has reached the level of 7,800,
00:58even though this position is not yet able to be maintained until the closure.
01:05Yes, if I say today is not a weakness,
01:10but rather a stagnant, I think so.
01:15Why? Because the weakness is only 0.1%, 0.2%, it doesn't really mean anything.
01:22And indeed, there are some big emitters that are actually strengthening.
01:30So, I think it is not a weakness,
01:35but the big emitters are actually strengthening.
01:39So, if we look at the graph,
01:43it also shows that IHSG is actually still maintaining the bullish trend
01:51that started since mid-October last month.
01:55So, until now, the status is still a bull market.
02:02So, the trend is still very good.
02:07So, today, not even a pullback,
02:12not even a correction,
02:14not even a correction,
02:16not even a pullback,
02:18not even a minor pullback,
02:21it is just a stagnant, it is stable.
02:26It is a wait-and-see situation.
02:28So, it is stable and sideways.
02:31Where is the short term direction, Pak Ari?
02:35Bullish. I am still bullish with IHSG.
02:38Especially at the end of quarter.
02:40This is the last quarter.
02:43So, the fourth quarter, the last quarter,
02:46it is a bull market.
02:48The tendency is a bull market.
02:50And this is bullish.
02:51And we also see that IHSG is still bullish
02:57with the closest support at 7633
03:06and the resistance is at 7910.
03:11I am optimistic that by the end of the year,
03:14it will return to 7910
03:17or even pass 7910.
03:21If it can pass 7910,
03:23then it is not impossible.
03:26So, we can see that it has a great potential
03:29to reach the psychological level of 8000.
03:33Something that since the beginning of the year,
03:36many people said it was impossible.
03:39But in the world of capital market,
03:41nothing is impossible, Pak D.
03:43Alright.
03:44From the movement projection in the Samkabungan family,
03:49we will also turn to the rotation
03:52of Samsam Big Cap Banking, Pak Ari.
03:54It is quite interesting.
03:55Some of the Samsam Big Cap Banking today
03:57has undergone a correction.
03:59However, BBCA is moving on its own.
04:02From the information that has developed, Pak Ari,
04:05where BBCA will release their work today,
04:08if I am not mistaken,
04:10at 4 p.m. this afternoon in West Indonesia
04:13for BBCA.
04:14Then, various projections have come out before.
04:18Many said that BBCA will print work
04:22quite well in the third quarter.
04:24Today, the stock seems to be appreciated.
04:27The investors seem to be priced in.
04:31Today, it is 1.19% stronger than 10,625.
04:35What is your analysis for BBCA?
04:39BBCA is the darling of Indonesian Composite Index.
04:44So, one of the strengths of IHSG is BBCA.
04:51So, BBCA is the strength that many investors are interested in.
05:00Why is that?
05:01Because if we look at the financial performance,
05:04it is really extraordinary.
05:07If we look at 2014,
05:12the net income or net profit
05:17of IHSG is only Rp16 trillion,
05:19it has increased to Rp18 trillion,
05:20to Rp20 trillion,
05:21to Rp23 trillion,
05:22to Rp25 trillion,
05:23to Rp28 trillion,
05:24to Rp27 trillion,
05:25to Rp31 trillion,
05:26to Rp40 trillion,
05:27and to Rp48 trillion at the end of 2023.
05:31So, you can see that there is such a consistent growth of IHSG.
05:39That is extraordinary.
05:42Yes, BBCA. And this is reflected in the stock price. So, if we look at the stock price,
05:51it is bullish like this. It doesn't mean that it has never fallen.
05:57There are still corrections like what happened in the middle of March to mid-June 2024.
06:11But then it continues to rally again. So, if there is a pullback like this,
06:21then this should be an opportunity to collect BBCA.
06:31This is a fundamental stock that is worth saving, Mr. Deh.
06:38Where will it go, sir? With today's position at 10,650, the space for strengthening is still quite open and wide.
06:49Then your target, at least not until the end of the year for BBCA, and also their target range.
06:54So, I also gave it earlier in the stock market. So, this BBCA, with today's movement, there is a buy signal.
07:04It is very clear in the trading system that we use, on October 23, there is a buy signal.
07:11And now it is at the price of 10,625, a buy signal, and the profit target is around 11,000-11,225.
07:26That is the shortest profit target. So, there is still quite a lot of potential if we take short-term trading here.
07:39And the support is also not a big risk. Why? Because there is support at level 10,375.
07:49Okay.
07:50Yes, support at level 10,375.
07:53Okay. The analysis for today's BBCA is still strengthened at 1.43% at 10,650 rupiah per share.
08:02How do you see the potential of other big cap banks? Are you waiting for this job release?
08:10Yes. Fundamentally, banking in Indonesia is a solid business, if I may say so.
08:18Why? Because it is a big business. And don't forget, Indonesia has the highest net interest margin in Southeast Asia.
08:30It is even in Asia. It is the difference between creditors and debitors.
08:36This is a huge difference. And this is the operational resource of the bank.
08:44What do I mean? In general terms, if you save money at the bank, you get a small amount of interest.
08:56But if you get credit from the bank, the interest is huge. So, the difference between debt and savings is huge.
09:06And who is the debtor of this bank? It is the debtor of the money we save there.
09:14That's what the bank does. And thus, this bank gets profit from where?
09:21From other people's money, from its savings customers.
09:26The question is, are there a lot of people who want to save money at the bank?
09:29Well, it doesn't have to be told. In Indonesia, we all save money at the bank.
09:33That's why the interest is huge. And there is a huge amount of fresh money at the bank to be distributed in the form of credit.
09:46The bank has to manage the money. It doesn't have to be a lot of money.
09:52And the bank has a very prudential operating procedure.
10:03It is safe. So, we can see that the net interest is still huge.
10:08But the level of money credit is also not a lot. It is very small and low.
10:12That is the uniqueness of banking in Indonesia.
10:15Mr. Hari, after we reviewed the BBCA earlier, it is also included in one of your choices.
10:21From several pick-up banks, maybe if it is classified as the first order of the BBCA,
10:26what is the second choice from you for the pick-up bank and then the technical analysis?
10:33Bank Mandiri, sir.
10:35Yes, please, sir, in a technical analysis and recommendation.
10:39Yes, in a technical analysis, Bank Mandiri is currently in the middle of a correction.
10:46So, please be patient. If we talk about trading, let it finish the correction first.
10:56Because the support is at Rp6,900.
11:00The question is, will it reach Rp6,900? Will it rebound or not?
11:06If it starts to rebound, that is an opportunity.
11:08So, if there is a stock that is uptrending like this, fundamentally, it is no longer a question.
11:16It is uptrending and then it experiences a pullback or correction like this.
11:21It rebounded a little and then it pulled back again like this.
11:26Let it finish the pullback.
11:28After the pullback is finished, it starts to rebound. That is an opportunity for entry.
11:34By unbreakout, sir, the recommendation?
11:35Yes, as I said earlier, the support is at Rp6,900.
11:41And when it rebounded from Rp6,900, especially if it manages to break Rp7,147.
11:49If it breaks Rp7,147, it means that it will return to rally again tomorrow.
11:56It will continue the bullish trend that started in the middle of this year.
12:04Yes, today's closing is flat at Rp7,075.
12:07Earlier, it was strong at Rp7,125 and weak at Rp7,025.
12:11Meanwhile, the buy and breakout has been announced.
12:14And again, the investment decision is still in the hands of the ITX channel.
12:18Sir, let's hold for a while.
12:20I will try to convey the trading closing update in the second session today.
12:24And also some graphic information that was collected by our production team.
12:28And the trading of Dekargasam Kabungan was closed in the red zone, weakening at 0.02%.
12:34At the level of Rp7,787.565.
12:38Intraday today, Dekargasam Kabungan was able to reach its highest level at Rp7,805.917.
12:46Let's go straight to the first graphic.
12:48We will try to see the closing update of several other indexes traded in the second session today.
12:55You can see the graphics on your TV screen.
12:57MNC36 position was closed and weakened at 0.01%.
13:01Then Jakarta Islamic Index weakened at 0.31%.
13:05LQ45 was weakened at 0.04%.
13:08At Rp954,757.
13:12Let's move on to the other graphics.
13:15The sectoral movement rotation, where transportation and logistics lead today at 1.08%.
13:22Primer consumption was strengthened at 0.87%.
13:25Property was suppressed at 1.04%.
13:28Stocks were also weakened at 0.57%.
13:33The next graph is the top gainers.
13:35Today's share prices are still fast.
13:37In the middle of Dekargasam Kabungan, which is more dominant in the red zone.
13:41There is a strong ground at Rp147.
13:43We also reviewed the BBCA earlier at Rp10,650.
13:47Goto continues to strengthen at Rp74 per share.
13:52Energy today also rose to Rp304 per share.
13:56The next graph shows the stocks that experienced a deep weakness.
14:00However, it became a burden for Indekargasam Kabungan.
14:03From the telecommunications infrastructure, there is Telkom.
14:06It left a level of Rp3,000 at Rp2,940.
14:10PTRO tried to rise higher the day before.
14:13Today, the internal correction is at Rp16,500.
14:16Yesterday, it reached its highest level in a long time.
14:20Then, PANI.
14:21Today, it was suppressed at Rp15,100.
14:24After several times, PANI reached its highest level in a long time.
14:29And PSAB.
14:30Today, it turned to profit-taking.
14:33It was suppressed deep enough at Rp356 per share.
14:36Updates on the closing of trading in the second session today.
14:39Hopefully, it can be one of your references.
14:47We will be back in your place.
14:50After this, we will see what Samsung has recommended.
14:53We will be right back.