SMALL CAP STOCKS INFO

INVESTMENT INFORMATION – RESEARCH CENTER

Monday, 17th April 2023

This material is prepared by PT. Mirae Asset Sekuritas Indonesia for investment recommendation purpose, prohibited to be used as advertisement and distributed to the
investors. The information contained has been taken from sources which we deem reliable. No warranty is made to the accuracy and completeness of the information. However,
we disclaim any responsibility and liability of this material arising against legal issues regarding customers’ investment outcome in any situations.
POLL Rp 166 (+7.09%) : Laba bersih 2022 tumbuh 332.6% YoY
Sector IDX Property (-0.20%)
Market cap IDR 1.38 T
Didirikan pada 16 Desember 2014, PT. Pollux Properties Volume 2.82 M (+1044%)
Indonesia Tbk (POLL) merupakan perusahaan yang fokus
Support IDR 157
dalam pengembangan properti.
Resistance IDR 187
POLL berhasil membukukan laba bersih sebesar Rp 478,72
miliar, tumbuh 332,6% YoY. Padahal POLL meraih pendapatan Stop loss IDR 154
sebesar Rp 339,33 miliar, turun 16,29% YoY. Hal ini mengingat
bahwa POLL tidak lagi membukukan penjualan perkantoran di Net Buyers (value) Net Sellers (value)
sepanjang 2022. Padahal pada 2021, penjualan perkantoran XC (IDR 42.2 mn) PD (IDR 53.7 mn)
berhasil diraih sebesar Rp 107,62 miliar. Adapun kenaikan laba NI (IDR 22.2 mn) ZP (IDR 21.6 mn)
bersih ini disebabkan oleh faktor beban pokok pendapatan
YP (IDR 17.8 mn) YU (IDR 14.3 mn)
dapat ditekan sebesar 32,1% YoY menjadi Rp 245,06 miliar,
sehingga laba kotor meningkat 113,6% YoY menjadi Rp 94,27
miliar. Apalagi POLL berhasil membukukan keuntungan Income Q4/2022 Growth
penjualan investasi saham senilai Rp 447,79 miliar. Padahal Statement (YoY)
sebelumnya pada 2021, POLL tidak mencapai pembukuan Revenue IDR 339.53 bn -16.29%
keuntungan penjualan investasi saham. Sehingga laba operasi Net Income IDR 1.32 tn +332.6%
tercatat sebesar Rp 528,94 miliar. Padahal pada 2021, POLL
mengalami rugi operasi senilai Rp 57,273 miliar.
Pada perdagangan Jumat, 15 April 2023, POLL ditutup pada
level harga Rp 166 (+7,09%) dengan kenaikan volume secara
signifikan sebesar 1044% dibandingkan hari sebelumnya.
1 | Small Cap Stocks Info | 17/4/2023 Mirae Asset Sekuritas Indonesia
SMCB Rp 1420 (+5.18%) : Menyambut Hari Bumi
Sector IDX Basic (+0.52%)
Market cap IDR 12.81 T
Didirikan pada 15 Juni 1971, PT. Solusi Bangun Indonesia Tbk Volume 1.30 M (-26%)
(SMCB) merupakan perusahaan yang fokus dalam produksi
Support IDR 1395
semen.
Resistance IDR 1455
Dalam rangka menyambut peringatan Hari Bumi yang jatuh
pada 22 April mendatang, SMCB melaksanakan penanaman Stop loss IDR 1390
pohon di lereng Gunung Slamet pada 11 April 2023 yang lalu.
Kegiatan penanaman pohon tersebut bekerja sama dengan Net Buyers (value) Net Sellers (value)
Dinas Lingkungan Hidup Kabupaten Cilacap dan Cabang Dinas MG (IDR 231.6 mn) PS (IDR 217.0 mn)
ESDM Wilayah Slamet Selatan. Adapun lokasi penanaman CC (IDR 203.5 mn) SF (IDR 149.4 mn)
pohon berada pada area Tempat Pengolahan Sampah Terpadu
HD (IDR 136.5 mn) SH (IDR 135.9 mn)
(TPST) dimana mampu mengolah sampah mencapai 160 ton
per hari. Dengan penanaman pohon tersebut maka lingkungan
sekitar TPST akan menjadi rindang dan indah. Selain itu juga Income Q4/2022 Growth
menambah nilai estetika areal TPST secara keseluruhan. Selain Statement (YoY)
penanaman pohon tersebut, SMCB juga melaksanakan Revenue IDR 12.3 tn +9.8%
pembagian 300 paket sembako dan 200 nasi kotak kepada para Net Income IDR 839.3 bn +17.7%
pekerja operasional serta 136 pekerja pemilah sampah di TPST.
Pada perdagangan Jumat, 15 April 2023, SMCB ditutup pada
level harga Rp 1420 (+5,18%) dengan penurunan volume
sebesar 26% dibandingkan hari sebelumnya.

2 | Small Cap Stocks Info | 17/4/2023 Mirae Asset Sekuritas Indonesia

TUGU Rp 2250 (+5.14%) : Rencana stock split 1:2
Sector IDX Finance (+0.65%)
Market cap IDR 4.00 T
Didirikan pada 25 November 1981, PT. Asuransi Tugu Pratama Volume 2.52 M (+107%)
Indonesia Tbk (TUGU) adalah anak usaha Pertamina yang
Support IDR 2090
berbisnis di bidang asuransi.
Resistance IDR 2410
TUGU berencana untuk melakukan stock split dengan rasio 1:2.
Adapun pertimbangan dilakukannya stock split bagi TUGU Stop loss IDR 2060
adalah dalam rangka mendukung peningkatan likuiditas
perdagangan saham perseroan di Bursa Efek Indonesia (BEI) Net Buyers (value) Net Sellers (value)
dengan meningkatnya jumlah saham yang beredar. Selain itu, KZ (IDR 1.08 bn) ZP (IDR 634.7 mn)
stock split dapat meningkatkan jumlah pemegang saham YP (IDR 527.9 mn) IN (IDR 321.6 mn)
dengan menjangkau basis investor yang lebih luas. Adapun
CC (IDR 126.8 mn) AZ (IDR 236.8 mn)
rencana stock split telah memperoleh persetujuan prinsip dari
Bursa Efek Indonesia sesuai dengan surat tanggal 3 Februari
2023. Adapun periode cum date akan dilaksanakan pada 19 Mei Income Q4/2022 Growth
2023, sementara periode ex date maupun trading date akan Statement (YoY)
dilaksanakan pada 25 Mei 2023. Revenue IDR 3.1 tn +10.7%
Pada perdagangan Jumat, 15 April 2023, TUGU ditutup pada Net Income IDR 347.2 bn +9.7%
level harga Rp 2250 (+5.14%) dengan kenaikan volume sebesar
107% dibandingkan hari sebelumnya.

3 | Small Cap Stocks Info | 17/4/2023 Mirae Asset Sekuritas Indonesia

Disclaimer

This report is published by Mirae Asset Sekuritas Indonesia, a broker-dealer registered in the Republic of Indonesia and
a member of the Indonesia Stock Exchange. Information and opinions contained herein have been compiled in good
faith and from sources believed to be reliable, but such information has not been independently verified and Mirae
Asset Sekuritas Indonesia makes no guarantee, representation or warranty, express or implied, as to the fairness,
accuracy, completeness or correctness of the information and opinions contained herein or of any translation into
English from the Indonesian language. In case of an English translation of a report prepared in the Indonesian
language, the original Indonesian language report may have been made available to investors in advance of this report.
The intended recipients of this report are sophisticated institutional investors who have substantial knowledge of the
local business environment, its common practices, laws and accounting principles and no person whose receipt or use
of this report would violate any laws and regulations or subject Mirae Asset Sekuritas Indonesia and its affiliates to
registration or licensing requirements in any jurisdiction shall receive or make any use hereof. This report is for
general information purposes only and it is not and shall not be construed as an offer or a solicitation of an offer
to effect transactions in any securities or other financial instruments. The report does not constitute investment
advice to any person and such person shall not be treated as a client of Mirae Asset Sekuritas Indonesia by virtue of
receiving this report. This report does not take into account the particular investment objectives, financial situations, or
needs of individual clients. The report is not to be relied upon in substitution for the exercise of independent judgment.
Information and opinions contained herein are as of the date hereof and are subject to change without notice. The price
and value of the investments referred to in this report and the income from them may depreciate or appreciate, and
investors may incur losses on investments. Past performance is not a guide to future performance. Future returns are
not guaranteed, and a loss of original capital may occur. Mirae Asset Sekuritas Indonesia, its affiliates and their
directors, officers, employees and agents do not accept any liability for any loss arising out of the use hereof. Mirae
Asset Sekuritas Indonesia may have issued other reports that are inconsistent with, and reach different conclusions
from, the opinions presented in this report. The reports may reflect different assumptions, views and analytical methods
of the analysts who prepared them. Mirae Asset Sekuritas Indonesia may make investment decisions that are
inconsistent with the opinions and views expressed in this research report. Mirae Asset Sekuritas Indonesia, its affiliates
and their directors, officers, employees and agents may have long or short positions in any of the subject securities at
any time and may make a purchase or sale, or offer to make a purchase or sale, of any such securities or other financial
instruments from time to time in the open market or otherwise, in each case either as principals or agents. Mirae Asset
Sekuritas Indonesia and its affiliates may have had, or may be expecting to enter into, business relationships with the
subject companies to provide investment banking, market-making or other financial services as are permitted under
applicable laws and regulations. No part of this document may be copied or reproduced in any manner or form or
redistributed or published, in whole or in part, without the prior written consent of Mirae Asset Sekuritas Indonesia.

4 | Small Cap Stocks Info | 17/4/2023 Mirae Asset Sekuritas Indonesia