"Saksikan tayangan kami Official Youtube IDX Channel di Program Market Buzz, Jumat (07/03/2025) dengan Tema Analisis Saham BRMS, SIDO, BRIS".
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00:00Thank you for joining us, Mr. Mirza and I am still talking with Mr. M. Hamzah, CEO of Sahamology.
00:11We will continue Mr. Hamzah's discussion if we talk about one concern or one focus,
00:16related to domestic and global market players,
00:19related to Donald Trump's policy which seems to be a mess,
00:23related to the import tariff for goods exported from Mexico, Canada, or China.
00:31And this is actually causing the market to become a mess.
00:39What do you think about this? How does this affect the domestic market, Mr. Hamzah?
00:46Okay. Actually, from the perspective of global uncertainty,
00:51it will continue to be like that if we look at it.
00:55In other words, from the perspective of Donald Trump, geopolitics, or whatever,
01:00that is actually what we will see as normal for a few weeks or a few quarters in the future.
01:08Actually, for IHSG itself, what we make difficult is the impact on our exchange value,
01:16which yesterday also weakened quite drastically.
01:22And this makes our IHSG continue to be pressured by foreigners.
01:29This is actually our big concern.
01:33The question is, when will the foreigners finish their net sales?
01:38Because a few days ago, even though our composite rebounded,
01:43a short rebound, but the foreigners are not yet too dominant to come back.
01:49So yes, that is still a big consideration for IHSG.
01:52What do you think investors should do about the volatility
01:56that has arisen due to the geopolitical conflict
02:00and also the policies adopted by the President of the United States, Donald Trump, Mr. Hamzah?
02:05For now, the investment atmosphere is indeed not too good.
02:13So for long-term investors, it actually needs more evaluation.
02:21In other words, will this impact be long-term and consistent with our own IHSG?
02:30Because again, behind all that, some of our big banks also have less significant financial performance.
02:38So we can't blame the global performance,
02:42but domestically there is also something.
02:46In my opinion, the current conditions are wet and sea.
02:49No matter how far the evaluation is, the impact will be dominant.
02:56Okay, wet and sea.
02:57For those who already have a stock,
03:01which then has a long-term investment term,
03:04hold first, considering what happened recently,
03:08is it not enough conducive?
03:12Or what is it like, Mr. Hamzah?
03:14For those of you who are still holding together,
03:17the conditions are indeed wet and sea and also evaluation.
03:20Because in terms of growth, in some of our banks,
03:25the growth is no longer significant.
03:28So in fact, the tendency of wet and sea is also a bit unwise
03:33if your evaluation results in something that is not good.
03:37In other words, okay, the bank's growth this year is not growing.
03:41Will it grow next year with economic conditions like this?
03:44That's the question that needs to be answered.
03:46If the answer to that question is okay,
03:50next year it should be able to grow again,
03:52it should be wet and sea and maybe be able to average down.
03:55Okay, that was some analysis related to the global sentiment
03:59that has a significant impact on the domestic market.
04:02We move on to Samsam Pilihan from you, Mr. Hamzah, this morning.
04:06Among them are BRME, Sido, and also BRIS.
04:09Samsam Pilihan from you, Mr. Hamzah, can be seen on the television screen.
04:14All stocks recommended this morning by you, Mr. Hamzah, are well recommended.
04:19Let's go to BRMS first.
04:21What makes BRMS interesting in your eyes, Mr. Hamzah?
04:26Okay, in my opinion, BRMS is still speculative.
04:31Looking at the selling pressure in several other stocks,
04:36it may make the stock move downtrend,
04:39but BRMS still looks sideways.
04:42Yesterday, there was a strengthening,
04:44which also confirmed that there was a haram bullish,
04:48and it closed above 388.
04:51So in my opinion, this is suitable for speculative,
04:54with a target of at least 420.
04:57Okay, the last price in the closing yesterday was at level 392,
05:01quite close to the level you mentioned earlier,
05:04for resistance or maybe the next target.
05:07This means it is recommended for short-term investment only, Mr. Hamzah?
05:14Yes, for short-term investment only.
05:16Okay, from BRMS, let's move to the next stock, Sido.
05:20What is interesting about Sido, Mr. Hamzah?
05:24Okay, Sido is actually the same,
05:27because it is indeed sideways,
05:29and in my opinion, the movement is also quite good,
05:36in the sideways condition.
05:38So in my opinion, this is worth monitoring.
05:42My target is actually at 620, for short-term target.
05:47Okay, the last level is at 575 in the closing of yesterday's event.
05:51In terms of fundamentals, does Sido itself
05:53fall into a quite interesting emittance?
05:56If maybe for investors who saw Sido a while ago,
06:00it seems quite interesting,
06:02wanting to share their portfolio into Sido for the long term.
06:07Do you think it's interesting or not, Mr. Hamzah?
06:10In my opinion, the choice of defensive stocks is quite interesting,
06:16because indeed from the sector,
06:18and from the business side,
06:20which is not easily affected by economic fluctuations,
06:25so in my opinion, Sido is still a good choice
06:29for those who want to invest in the long term.
06:32Okay, entering the money season,
06:34Sido is also recommended,
06:36because maybe many people need products
06:39that are produced by Sido.
06:41That's why this morning,
06:43you also recommended that Sido can enter,
06:47the short-term is also interesting,
06:49the long-term is also okay.
06:51From Sido, let's go to Mr. Hamzah.
06:55Okay, this price is indeed speculative,
06:59seeing that the selling pressure in the previous period,
07:03a few weeks ago, was quite high,
07:05so we see that there should still be a potential for a short rebound.
07:11As long as it's still above 2.510, it's still interesting.
07:15The target is at least at 2.800.
07:18Okay, in terms of valuation,
07:20if we compare it with Mr. Hamzah's price,
07:23what is Mr. Hamzah's opinion for BRIS?
07:27Okay, for BRIS,
07:29in terms of valuation,
07:31it's not too cheap,
07:36but in terms of business
07:41and investors,
07:46BRIS is different from other banks,
07:50because foreign investors are quite dominant.
07:54And even though BRIS was pressured by foreign investors yesterday,
07:59but in my opinion, foreign investors are not too aggressive,
08:02so it's actually still good for the future of BRIS.
08:07The price is not too cheap,
08:10but still below the normal price, right?
08:12Yes.
08:13Okay, what is the next target for BRIS, Mr. Hamzah?
08:17At least for the short rebound, it's at 2.800.
08:212.800, okay.
08:22Interesting.
08:23Those were some of the recommendations this morning by Mr. Hamzah.
08:27I mentioned again, there are BRMS, Sido, and also BRIS,
08:30with good recommendations.
08:32And we will see the implementation of the movement of IHSG
08:36at around 9 o'clock,
08:38time in West Indonesia,
08:399 minutes from the opening in session 1 this morning.
08:44How is the movement of IHSG?
08:46In terms of projection, Mr. Hamzah,
08:49how do you project the movement of IHSG today
08:52until the closing of the trade later this afternoon?
08:56Okay.
08:57For today, I think it will be mixed.
09:00Because today, IHSG...
09:03Yesterday, IHSG was still in the resistance of other downtrends.
09:08Even the acceleration resistance is at level 66.
09:12So, if today there is still a continuous selling pressure,
09:16it's still quite normal.
09:18But again, for the mid-range,
09:22I haven't seen a strong IHSG for reversal.
09:27So, it's still quite stable for IHSG.
09:30Okay.
09:31IHSG is moving to weaken.
09:33We passed through the data from RTI.
09:35At level 6585.094,
09:385 stocks that are top gainers,
09:40such as Telkom, Unilever, EMJS, ERA,
09:43then Sido,
09:44which is a side that was recommended by Mr. Hamzah.
09:47Top gainers...
09:49I mean top losers,
09:50there are BBRI, BBNI, Astra International,
09:52then there is also Wi-Fi and also Unity Tractors.
09:54Interestingly, BBRI yesterday was strong,
09:58quite significant.
10:00But then it was released first by the investor.
10:04What can you learn from BBRI
10:08or maybe from the financial sector as a whole
10:11that so far is still moving to weaken 0.67%, Mr. Hamzah?
10:15Okay.
10:16Back again, I mentioned earlier
10:18that our banks are fundamentally in a downturn.
10:22And this is one of the big reasons.
10:26Indeed, the selling pressure in our banks is high.
10:31But on the other hand,
10:33if we look at the PE performance,
10:36from some of these banks,
10:39the current condition is actually
10:41as cheap as it was in 2020.
10:47So the current decline in PE average,
10:52PE table,
10:54PE, BBRI, and other banks
10:57are actually at their lowest.
11:01Just like when we bought in 2020.
11:05During the COVID-19 crisis.
11:07So actually for the short term,
11:10the selling pressure may still be high.
11:12But for the long term,
11:14it should be time to buy.
11:16With the notes I mentioned earlier,
11:19you still have to evaluate
11:21whether this fundamental decline will continue.
11:24If you can see enough
11:27whether the fundamentals will continue,
11:29maybe it will expand.
11:31But in my opinion, with our economic conditions,
11:34with the hope that our president has funds,
11:37and also the MBG,
11:38which should increase the purchasing power of the community,
11:42it should be temporary.
11:45We just have to see the realisation in the future.
11:47Okay, interesting.
11:48From what you have said,
11:50hopefully it will be a reference
11:52and knowledge for market players
11:55to implement their investment strategy
11:57in trading today, Mr. Hamzah.
12:00Thank you for joining us.
12:02I wish you all the best, Mr. Hamzah.
12:04Goodbye.
12:05Likewise. Thank you.
12:06Goodbye.