"Saksikan tayangan kami Official Youtube IDX Channel di Program Market Buzz, Selasa (11/03/2025) dengan tema Analisis Saham MAPI, CPIN, BMRI, INDY".
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00:00Thank you for joining us. Before we continue our discussion with Mr. Praska, we will take a look at the data from the opening of YSG this morning.
00:14For YSG, so far it has moved weakly, 1.41% at level 6,505.243.
00:25Weaknesses are quite deep in the opening of YSG this morning.
00:30Some of the factors that burden YSG are Telkom, Unilever, BB&E, AAD, Brands, Gainers, Rally, Mine, Roni, Oils, and JSPT.
00:43And the whole sector experienced weakness with Basic Industries, the most significant weakness is 2.41%.
00:53Next, we will take a look at the recommended options by Mr. Praska Putrantjo.
00:58There are MAPI, with support at 1.440, resistance at 1.500, recommended by Jepin, with support at 4.400, resistance at 4.560, recommended by Bang Mandiri, with support at 4.670.
01:14Then, resistance at 4.890, recommended by Dan Indie, with support at 1.380, and resistance at 1.460, recommended by...
01:25Okay, let's talk a little about the opening of YSG, which significantly weakened 1.41%.
01:34Earlier, the data that I read, Mr. Praska, how is the analysis related to the opening of the market this morning?
01:44Yes, so for this market, it can be said that the opening was brought by the global market sentiment.
01:51That is, where the US stock market experienced a fall of about 2%, on average, above 2%.
01:57And also the opening of the Asian stock market was also broken above more than 1.5%, on average, like that.
02:03Indeed, the condition is that our market tends to respond to global concerns about the occurrence of hard lending.
02:11The second is trade war, the third is economic slowdown.
02:15At the same time, our exchange rate has also risen again.
02:19As mentioned earlier today, the exchange rate has also weakened again.
02:23Above the level of Rp. 16,350.
02:28So it has already exceeded Rp. 16,350.
02:33This makes the market a little wet-edged with your sentiment in this context.
02:38So the opening today, I feel, experienced a normal correction.
02:42So it's more of a regional.
02:44Okay, it means this is a normal weakness, right?
02:48Yes.
02:49Because this then becomes a market reaction.
02:52Okay, if we look at Samsung entering your choice this morning,
02:58Mr. Praska, among them are MAPI, Cepin, BMRI, and also Indy.
03:02Let's go to MAPI first. What is the analysis like, Mr. Praska?
03:06Yes, MAPI here is the first one.
03:09Because of the issue of the festive month,
03:15so the spending is also affected.
03:19Because of the RRTHR,
03:21and this condition usually leads to an increase in spending.
03:28And we're talking about high-end products here,
03:31it's relatively stable in terms of income,
03:33even though the way the growth data was released yesterday,
03:36it was a bit slow because of the cost.
03:39But in terms of outlook, we think it's quite positive.
03:42And in terms of technical, there is also an opportunity to rebound,
03:46approaching the closest resistance at the level of Rp. 1,600.
03:49So it's a good recommendation, but it's for the short term,
03:52the momentum in March.
03:55Okay, for the short-term recommendation,
03:58after the festive season is over,
04:01maybe it can be seen again,
04:04whether you will continue to collect MAPI or not.
04:07Of course, by observing various indicators,
04:09the result may be related to technical.
04:11What is Cepin like?
04:13We have discussed a little earlier,
04:15what makes Cepin more interesting compared to other shares,
04:21so that it is included in one of the four shares that you recommend?
04:26Yes, Cepin, of course, in terms of spending,
04:29there is an increase in spending.
04:32So besides the festive momentum,
04:34we are also talking about the MBG program,
04:38which in terms of spending,
04:40although in terms of price, of course,
04:42it's not like the general price,
04:47because there is a budget,
04:49of course, the price of shares should be cheaper,
04:52but I see that the demand among the shares is still experiencing demand.
04:57And besides that, if we are here,
04:59in terms of technical,
05:01Cepin is also able to rise from the support level at level Rp 4,450,
05:07back to level Rp 4,920,
05:09so it has risen from a long-term support
05:11to be able to reach the target resistance again at level Rp 4,800.
05:16That's for Cepin.
05:18Besides that, in terms of technical and mental,
05:21Cepin is here, at least,
05:23the decline is related to the delay in the price increase,
05:30it has been priced in through the price correction
05:34up to the level of Rp 4,200,
05:36so now it's more of a momentum to see a recovery prospect,
05:39at least in the Q4 release,
05:41which is indeed in line with the prediction
05:43and hopefully a recovery in Q1 2025.
05:46Even though both of them were hit by the sentiment of the festive season,
05:51but then if it dies,
05:53the option is to release it after the festivities have passed,
05:58but Cepin can be collected in the middle of the long term, right?
06:03Because there are fundamental reasons that are quite solid.
06:07From Cepin, we go to Sam,
06:09yesterday, it recorded a 2.6% decline,
06:13the recommendation is only related to the correction,
06:16or maybe in terms of price, which is already quite cheap.
06:20Bang Mandiri has also recommended
06:22and sees a potential upside that may be interesting in the future.
06:25Or is there another reason, Mr. Praska?
06:28Yes, for Bang Mandiri himself,
06:30here we see in terms of valuation,
06:33which is interesting because the correction,
06:35in terms of pricing ratio,
06:37is around 7x,
06:39and in terms of performance, which experienced a slowdown,
06:44I think it's already up to expectations,
06:46because the fundamental financial sector conditions,
06:51especially banks,
06:53have experienced a delay throughout 2024.
06:56As you can see, yesterday it was released in 2024,
07:01Bang Mandiri only waited for about 1% year-on-year,
07:03and that has also been reflected in the loan growth,
07:06which has experienced a decline like that.
07:11But if I look at it here,
07:13it's an interesting moment to be able to do a biomic test,
07:18in the banking sector,
07:20one of them is the big banks, Bang Mandiri,
07:23at the level, if I am correct,
07:27the target for the nearest resistance,
07:30is at level 5,400 for Bang Mandiri,
07:35the target range is short to medium.
07:38Okay, short to medium, interesting for Bang Mandiri.
07:41We go to a stock that has not been heard of for a long time,
07:45in the recommendations of analysts,
07:47but then you see,
07:48interesting for investors to admire,
07:51Indica Energy, TBK, with this stock.
07:53What is it like, Mr. Praska?
07:56Yes, for Indica Energy itself,
07:58although in terms of the outlook of the industry,
08:02there is a lot of pressure on the stock market,
08:05because of the adjustment of royalty,
08:07but here I see there is a potential recovery,
08:09seen from the price pattern,
08:11which is able to rebound from the technical side,
08:14able to rebound from the support level of 13.20s.
08:17Currently, Indica Energy is back,
08:20moving back to the nearest resistance level,
08:24at level 1,570s.
08:26And besides that, Indica Energy itself,
08:29also in terms of valuation, is still relatively attractive,
08:32where Indica Energy itself,
08:36although it has a valuation of around 10 times,
08:39but historically, it still looks cheaper,
08:44compared to the average in terms of its length.
08:47And in terms of performance,
08:49we see a potential recovery for Indica Energy.
08:57What is the target for Indica Energy until the end of the year, Mr. Praska?
09:03Yes, for Indica Energy itself,
09:05for me, until the end of the year,
09:07the target is at level 1,750 for Indica Energy.
09:13Okay, that's all,
09:15I would like to recommend this morning,
09:17by Mr. Praska, Adam Apik,
09:19also Cepin, Bang Mandir, and also Indy.
09:21In short, what is the target for the ISG project this morning,
09:25or maybe today, in full,
09:28until the closing of the hearing later in the evening,
09:30Mr. Praska, what is it like?
09:32Yes, for the ISG,
09:34today, it seems to be weakening,
09:36around 6,530 to 6,624,
09:38while still weakening,
09:40and the foreign trade pressure is still high,
09:43as TANAM responded earlier,
09:45based on the data from China,
09:47as well as the data from US employees,
09:49which seems to be less good, like that.
09:51Okay, so,
09:53tighten the radar again,
09:55to then absorb various sentiments,
09:59and this can also be a consideration for market players,
10:03to implement the investment strategy today.
10:05Mr. Praska, thank you,
10:07for joining us,
10:08success always for you,
10:09I always see you.
10:11Okay, thank you, Mr. Uji, and Mr. Gid.