PT Mitra Investindo Tbk (MITI) semakin mendekati langkah besar dalam hilirisasi pasir kuarsa untuk mendukung produksi solar panel di Indonesia. Anak usaha perseroan PT Nusantara Bina Silika melalui PT Kendawangan Berkah Kersik (KBK) mengantongi izin usaha pertambangan Tahap Eksplorasi untuk Mineral Bukan Logam Jenis Tertentu (Pasir Kuarsa).
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00:00We move on to the information of the selection committee, where the PT Mitra Investindo TBK or MITI is getting closer to the big step in the hillarization of Kuarsa sand to support the production of solar panels in Indonesia.
00:18The investment company PT Nusantara Bina Silika through PT Kendawangan Berkah Kersik or KBK depends on the exploration mining business permit to mine certain types of metal or Kuarsa sand.
00:32Quoted from the open information of Bursa Fek Indonesia, exploration mining business permit was issued on January 24, 2024.
00:42By the Ministry of Capital Plantation and Joint Service One Door or DPM PTSP, West Kalimantan Province covers an area of ​​2,042.03 hectares, which is strategically located in Kendawang District, Ketapang District, West Kalimantan Province.
00:58President Director PT Mitra Investindo TBK or MITI, Andreas Cahyadi, said in the exploration mining business permit, the company plans to conduct general research, exploration and feasibility studies to obtain the permit to launch the next production operation.
01:14In addition, the exploration mining business permit issued by PT Kendawang Berkah Kersik or KBK marks the company's early steps in the field of silica sand mining, which completes the logistics industry portfolio that has been managed for decades.
01:27MITI will support the government in the hilarization of silica for the independence of the photovoltaic and semiconductor industry in the country.
01:35PT Kendawang Berkah Kersik was targeted to start production at the end of 2026 to support MITI's continued growth and provide benefits to the surrounding community.
01:56It seems to be experiencing significant strengthening. Anomaly with the movement of the mining industry, where MITI today managed to generate more than 13 percent, although several trade agreements in the second session, the strengthening is more limited.
02:09Let's just go to the first graphic, we will try to see the movement of MITI shares throughout today's negotiations.
02:17Closed on January 24 at level 150, opened in the green zone in the first session this morning at level 170.
02:25A few minutes after the opening, MITI's shares rose sharply to level 192.
02:31When this strengthening happened, MITI's strengthening was already above 13 percent.
02:37However, the limited strengthening reached level 192 at level 171, level 167, and the closing of the first session earlier at level 170.
02:46The opening of the second session, the strengthening was again limited to level 169, and the current position, the weakening is still to the limit, already at level 168, strengthening at 12.00 percent.
02:59Let's move on to the next graphic, the movement of MITI shares in the last few months, it seems that there is quite a high fluctuation in this stock.
03:08In August 1, MITI shares were at level 146. In September, it touched the lowest intraday at 136.
03:18In September, it rose sharply to level 191. In October and November, it was more tense. In fact, on November 29, it touched level 145.
03:28It tried to rise in December at level 174, then it strengthened to the limit at the January trading.
03:37At level 169, the opening of the second session today, and at level 168, the current position.
03:42Let's move on to the next graphic, we will try to see from the valuation position with some indicators.
03:48The next graphic is the price-to-earning ratio of MITI, which is in the range of 85.59 points.
03:56The PSR is 2.05 times, the PBV is 1.55 times, and the last is the PCFR at 74.80 times.
04:05Yes, a combination of technical fundamentals and also from the valuation point of view, and hopefully it can be one of the references for you.
04:18In the next episode, we will review how the trading has been going on throughout the day,
04:23where Indekar Gas Amkabungan has experienced quite a deep correction of more than 1%.
04:27We will be right back after the break.
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