IHSG +2,12% di sesi I Senin (17/2) ke level 6.779,134. IDX-Basic +2,84%, MDKA +11,21%. IDX-Energy +2,60% RAJA +10,42%, RATU +19,87%, dan IDX-Property +1,75%, PANI +3,20%. Dari sisi saham, emiten BMRI +5,37%, BBRI +3,63% sebagai penopang utama kinerja IHSG di 24,58 dan 21,51 indeks poin. Penguatan signifikan terjadi di tengah rencana perseroan akan melakukan buyback saham dan potensi dividen jumbo kinerja 2024.
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TVTranscript
00:30Hello Mr. Joseph, good afternoon. How are you?
00:36Good afternoon, Mr. David.
00:38Thank you, Mr. Joseph, for taking the time to be on IDA Channel.
00:41Mr. Joseph, today, the Samkabunga Index has experienced a significant increase.
00:46How do you see, especially from a technical point of view, the rise of the ISG throughout today's trading?
00:55The rise of the ISG today is actually supported by stocks in the banking sector.
01:01This is a significant increase.
01:03As Mr. David said, BRI, BCA, Mandiri, all of them have a significant increase.
01:10And if we look at stocks with other major market capitalization, such as BREN, for example,
01:16it also has a significant increase today.
01:19Today, BREN has a position of around 7,000.
01:24So, with a large capitalization, it certainly has a big impact on the ISG.
01:29So, there is indeed a rebound.
01:32But, from my point of view, we still need to be careful.
01:37Because until the end of last week, as long as last week,
01:41since this is just the beginning of the week,
01:43as long as last week, the outflow from foreign investors to banks is quite large.
01:49The only one that has experienced a boost is, if I'm not mistaken, only BRI Syariah,
01:54which has entered the top inflow.
01:56Like that.
01:57BRIS, sorry, it's already changed its name.
02:01So, that's all.
02:03While the large capitalization has already experienced a sale from foreign investors.
02:10So, we need to be careful.
02:12And especially, we can see later,
02:14whether foreign investors also support the rise of the ISG today.
02:19Like that, Mr. David.
02:21Okay.
02:22Does it mean that there is a risk of profit-taking in the middle of today's significant strength?
02:27If we look at it from a positive perspective,
02:31I don't expect profit-taking to happen today.
02:35I actually hope that today foreign investors will support the movement of the ISG.
02:43That's from an optimistic perspective.
02:45But again, we will only be able to see it after the market closes.
02:49So, hopefully, today, in the midst of this significant increase,
02:54the inflow is also large.
02:56Especially in stocks in the banking sector.
02:58Like that, from me.
03:00It means that we are waiting for it together, right?
03:02I mean, not today.
03:04The profit-taking.
03:05Because in the last few trades,
03:07the share price has increased significantly in one day.
03:09And tomorrow, it will experience profit-taking again.
03:12But we don't expect it to be like that.
03:14And the strength will still continue.
03:16Hopefully.
03:17When the scenario is that the share price continues to strengthen,
03:20what will be the next resistance?
03:23For the next resistance,
03:26for the ISG,
03:28looking at the momentum,
03:32this is probably the closest resistance.
03:34At the psychological level, at the level of 7,000.
03:40So, to make the ISG reach that level,
03:44it needs funds from foreign investors.
03:48Especially for stocks with large capitalization.
03:52So, if you look at it technically,
03:55and hopefully, we see the inflow from foreign investors this afternoon,
03:59in my opinion, 7,000 is possible to be achieved.
04:04Okay. Let's go straight to the BK Bank, Mr. Yosep.
04:08Significant strengthening has occurred.
04:10Aside from the technical side,
04:12Fundamental will do buyback and there is also a potential dividend.
04:16The RUPS will do it next month.
04:18How do you see the expectations from the market players?
04:22Actually, if you look at the emittance itself,
04:25they want to do buyback,
04:26this is actually a positive indication, right?
04:28That they are also confident with their company's performance.
04:33And in addition, they also want to divide the dividend
04:36by increasing the ownership by increasing the share portion.
04:41That means the dividend they will receive will also increase.
04:45So, if we look at it from the perspective,
04:52it means that the company is also confident with their performance.
04:57But it's the other way around.
04:59The share price is actually a perception.
05:01I mean, when foreign investors assume that
05:05the condition is good in terms of financial reports,
05:09but we see other factors,
05:12it can be very influential.
05:14So, if we look at the current condition,
05:17it's more of an external factor than an internal one.
05:20That's what we can pay attention to.
05:23Okay, 5.425% is stronger than 5.85% after the closing of the second session today.
05:29Technically, in the short and medium term,
05:31where will the trend go for BMRI?
05:34For BMRI itself,
05:36in the medium term,
05:38we can see an increase in the last few days.
05:43Maybe there will be a correction first,
05:45but the target price that can be set is maybe 5,900.
05:53It can be set with support at 5,000.
05:58Support at 5,000 is the psychological number.
06:01It can also be set.
06:03Okay, let's move on to the other big cap banks.
06:06Mr. Yosep, for BMRI,
06:08today it's back above the level of 4,000.
06:12Okay, for BMRI itself,
06:14this is actually quite worrying,
06:16because at the end of last week,
06:19the outflow of foreign investors to BMRI is quite large.
06:25I don't think BMRI will experience a rebound this soon.
06:31Again, the market is moving in a volatile way.
06:38If we look at the outflow as big as it was yesterday,
06:42in my opinion,
06:44the momentum right now is a bit dangerous.
06:48It's better to take advantage of it to go out.
06:50But if later in the afternoon,
06:52there is an inflow again,
06:54it's not wrong for us to start buying again at BMRI.
06:58It's already cheap at 4,000.
07:00At this year's level,
07:02we're back to the level of 2,021.
07:10Analysis for BMRI,
07:12which today also experienced an increase of 4.0% at 4,030.
07:19And earlier, the support and recommendations,
07:22and again, the decision to invest,
07:24is still in the hands of the ITX channel.
07:26Moving to BBCA.
07:30For BBCA itself,
07:32in the last few days,
07:35the outflow for BBCA is still visible.
07:40But if we look at the technical target,
07:46in the medium term,
07:48maybe 9,500 can be achieved.
07:50If the momentum is like this,
07:53it will continue to be maintained by foreign investors.
07:59The closest resistance first?
08:01At 9,500,
08:05and for support,
08:07which can be observed at the level of 9,000,
08:10it can be used as a reference.
08:12The closing today at 9,325 is 3.90%.
08:18For BBNI, sir?
08:20For BBNI,
08:24BBNI,
08:26maybe if we look at the target price,
08:33the resistance is maybe at 4,900,
08:37and the support that can be observed is at 4,100.
08:42If it exceeds 4,100,
08:44the bearish trend may still continue.
08:50What is your recommendation for BBNI?
08:54Actually, it's almost similar for all banking sectors.
08:57If today there is an inflow,
09:00usually there is rarely a difference,
09:03maybe once or twice.
09:05If there is an inflow,
09:07in my opinion,
09:09we can be optimistic
09:11that the trend of direction reversal will continue for a week or two.
09:17Before we end,
09:19Mr. Yosef,
09:21we will try to review the brand first.
09:23Today, the resistance is above 14%, sir,
09:25already at 7,000.
09:27It was quite deep,
09:28but it failed to enter the BSCI index.
09:30How do you see the rise of the brand share,
09:32especially for today,
09:33and the recommendation?
09:35Actually, for the brand itself,
09:37the case is that
09:40this brand needs a bigger buyer
09:43than the local individual investor.
09:46So they need to enter large indexes
09:49to be able to share positions
09:54with large investors
09:56who need to enter clean energy sectors
09:59such as brands, for example.
10:01So if we look at the current position,
10:05this may be very subjective.
10:08For example, if we look at Mr. Prayogo Pangestu,
10:11individually, it has entered several times,
10:13and the average purchase level is 6,600.
10:17So maybe we can make it a reference.
10:19If we can buy below that level,
10:22it means that our portfolio position
10:28can be better than Mr. Prayogo's personal portfolio.
10:32Okay, is it still recommended?
10:35For now, it's a buy on weakness.
10:38Looking at the current position.
10:39Yes, the closing in 2025 is strong at 14.23%.
10:43And again, the investment decision
10:45is still in the hands of IJX Channel.
10:47Mr. Yosef, let's talk about the data first.
10:49We'll see what you recommend.
10:51And we'll be back in a moment.