Friday, 16 June 2023

Daily Daily
Sector Last YTD (%) Weekly View
Chg Chg %
MARKET ROUNDUP
Daily Insight

IDXENERGY 2,013.92 (2.51) 3.44% -11.65% Underweight

IDXBASIC 1,125.89 8.16 1.72% -7.42%
IHSG sempat diperdagangkan melemah pada perdagangan kemarin di awal sesi IDXINDUST 1,151.76 (2.18) 1.85% -1.92% Underweight
namun berhasil perlahan naik dia akhir sesi dan berhasil tutup menguat ke level IDXNONCYC 717.84 (0.67) 0.97% 0.18% Overweight
6713 (-0.21%). Optimisme rebound masih terjadi di IHSG yang didorong oleh respon IDXCYCLIC 795.52 5.52 0.70% -6.51% Overweight
para pelaku pasar terkait keputusan The Fed yang tidak melanjutkan trend kenaikan IDXHEALTH 1,562.97 (1.48) 1.85% -0.13% Overweight
suku bunga selain dari dalam negeri adanya rilis data neraca dagang Indonesia yang IDXFINANCE 1,364.90 9.64 1.88% -3.54% Overweight
IDXPROPERT 664.83 7.35 0.05% -6.53% Neutral
kembali surplus namun jauh dibawah perkiraan. Beberapa sector yang mengalami
IDXTECHNO 5,023.90 142.63 -0.09% -2.68% Neutral
penguatan diantara sector energy (+0.75%), sector basic materials (+0.62%) dan
IDXINFRA 808.28 3.90 1.55% -6.95% Neutral
sector infarastrukture (+0.61%). Investor asing tercatat membukukan net sell di pasar IDXTRANS 1,744.59 32.72 2.88% 4.97% Neutral
reguler sebesar Rp235.15 miliar dengan saham-saham yang paling banyak dijual Source(s): IDX & Reli Research
oleh investor asing diantaranya adalah BBCA, TLKM dan PTBA.
ASIA INDEX LAST CHG CHG (%) YTD (%)
NIKKEI 225 33,485.49 (16.9) -0.05% 28.32%
Secara teknikal, IHSG masih akan menguji resistance 6755 untuk dapat melanjutkan TOPIX 2,293.97 (0.6) -0.02% 21.26%
rebound sementara MACD masih menunjukan golden cross. Beberapa saham yang HANGSENG
CSI 300
19,828.92
3,925.50
420.5
61.5
2.17%
1.59%
0.24%
1.39%
memiliki potensi naik untuk perdagangan hari ini yaitu: PTBA, DRMA, BUKA, LPPF, KOSPI 2,608.54 (10.5) -0.40% 16.64%
JPFA, MEDC, AGII, GULA, JSMR, BMRI. SENSEX
KLCI
62,917.63
1,381.73
(310.9)
(3.7)
-0.49%
-0.27%
3.41%
-7.61%
IHSG 6,713.79 14.1 0.21% -2.00%
Sementara itu di bursa AS dari ketiga index utama berhasil ditutup melonjak naik STI 3,242.86 24.7 0.77% -0.26%

dengan penguatan tertinggi terjadi di DJIA +1.26% ditengah ekspektasi dari pelaku EUROPE INDEX LAST CHG CHG (%) YTD (%)
EURO STOXX 4,365.12 (10.9) -0.25% 15.06%
pasar yang dimana isyarat dari The Fed kedepan terkait keputusan suku bunga akan FTSE 100 7,628.26 25.5 0.34% 2.37%
cendrung lebih dovish selain itu data ekonomi AS menunjukan retail sales yang DAX 16,290.12 (20.7) -0.13% 17.00%
CAC40 7,290.91 (37.6) -0.51% 12.62%
mengalami kenaikan 0.3% MoM pada bulan Mei diatas perkiraan dan NY Empire
State Manufacturing Index yang mengalami kenaikan 38 points ke 6.6 di bulan Juni AMERICA INDEX LAST CHG CHG (%) YTD (%)
DJIA 34,408.06 428.7 1.26% 3.80%
selain itu Jobless Claims pada bulan Juni tidak menagalami perubahan. S&P 500 4,425.84 53.3 1.22% 15.27%
NASDAQ 13,782.82 156.3 1.15% 31.69%
NYSE 15,642.70 (25.1) -0.16% 3.02%

MARKET OUTLOOK COMMODITIES LAST CHG CHG (%) YTD (%)

BRENT CRUDE OIL 75.63 2.0 2.73% -12.06%
WTI CRUDE OIL 70.62 2.1 3.02% -12.28%
Dari bursa Asia, pada pagi ini telah diperdagangkan di zona mix, saat laporan ini NATURAL GAS 2.56 0.2 9.33% -42.33%
GOLD 1,971.05 13.8 0.70% 7.70%
ditulis indeks Nikkei 225 melemah (0.49%), sementara index Kospi menguat SILVER 23.96 (0.0) -0.05% -0.92%
(+0.40%). Pada pagi ini para pelaku pasar khususnya di Jepang masih akan COPPER 23.96 (0.0) -0.05% 528.30%
COAL 139.70 3.5 2.61% -61.52%
menunggu keputusan suku bunga yang diperkirakan akn tidak berubah atau tetap di NICKEL 22,975.50 292.0 1.29% -23.56%
-0.1%. CPO (MYR) 3,549.00 90.0 2.60% -14.97%

CURRENCIES LAST CHG CHG (%) YTD (%)

Kemudian dari dalam negeri, IHSG kami perkirakan akan berpotensi cendrung EUR-USD 1.10 0.0 1.03% 2.31%
USD-JPY 140.13 0.1 0.08% 6.86%
menguat ditengah optimisme para pelaku pasar setelah adanya data inflasi yang GBP-USD 1.28 0.0 0.96% 5.71%
semakin membaik dan bank sentral yang lebih bersikap dovish, sementara dari USD-CNY
USD-IDR
7.12
14,902.00
(0.0)
(12.0)
-0.59%
-0.08%
3.23%
-4.27%
dalam negeri para pelaku pasar masih akan menyambut beberapa emiten yang
membagikan dividen setelah RUPS. Kami perkirakan IHSG akan bergerak pada DIVIDEND
TOBA
DIV/SHARE
USD0
CUM DATE
16-Jun-23
EX DATE
19-Jun-23
rentang 6690-6755. JRPT Rp21.00 16-Jun-23 19-Jun-23
DOID Rp0.00 16-Jun-23 19-Jun-23

IHSG Technical PEHA

DSNG
Rp12.37
Rp30.00
16-Jun-23
16-Jun-23
19-Jun-23
19-Jun-23
XAFA Rp25.69 16-Jun-23 19-Jun-23
IMPC Rp33.00 16-Jun-23 19-Jun-23

RUPS SCHEDULE DATE TIME

TIFA TCPI ADCP 16-Jun-23 14:00
SAGE HADE 16-Jun-23 14:00
GGRP BNBR 16-Jun-23 14:00
UFOE PURA 16-Jun-23 13:00
ZBRA RONY BAYU 16-Jun-23 10:00
MTSM MMLP 16-Jun-23 10:00
LPPS BINA 16-Jun-23 10:00
IATA 16-Jun-23 9:30
PTIS PCAR CASS 16-Jun-23 9:00
MTMH KOTA 16-Jun-23 9:00

Right Issue Ratio Price Cum Date

N/A

ECONOMIC CALENDAR DATE

Japan BoJ Interest Rate Decision 16-Jun-23
US Michigan Consumer Sentiment Prel JUN 16-Jun-23
Source: Investing, Tradingview, Barchart, Reli Research

USD / IDR
16,000
your reliable partner | 1

15,500

15,000

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 Corporate News USD / IDR
16,000
MIND ID Minta Pencatatan Aset Tambang Nikel Vale Indonesia (INCO) di
15,500
Indonesia. Proses divestasi PT Vale Indonesia Tbk (INCO) sebagai kewajiban
Daily Insight

perpanjangan kontrak karya (KK) menjadi Izin Usaha Pertambangan Khusus( 15,000
IUPK) memasuki babak baru. Setelah adanya kemungkinan Vale Indonesia
14,500
mendivestasikan lebih dari 11% sahamnya ke negara, kini PT Mineral Industri
Indonesia (Persero) atau MIND ID meminta agar aset tambang nikel INCO 14,000
dicatatkan dalam sumber kekayaan negara Indonesia.(Kontan)

Gajah Tunggal (GJTL) Kucurkan Capex US$ 40 Juta-US$ 50 Juta pada Tahun
Ini. PT Gajah Tunggal Tbk (GJTL) berupaya memperkuat kinerjanya pada 2023.
Maka dari itu, GJTL menggelontorkan dana belanja modal atau capital Minyak Mentah WTI (USD/Barrel)
expenditure (capex) sekitar US$ 40 juta-US$ 50 juta pada tahun ini. Finance 85

Director Gajah Tunggal Kisyuwono mengatakan, capex tersebut diprioritaskan 80

untuk peningkatan kualitas mesin-mesin produksi GJTL melalui adopsi teknologi 75

terbaru. Hal ini perlu dilakukan mengingat industri ban terus berkembang 70
mengikuti kemajuan zaman. (Kontan) 65
60
Summarecon Agung (SMRA) Incar Kenaikan Pendapatan Sekitar 10% pada 55
Tahun ini. Emiten properti, PT Summarecon Agung Tbk (SMRA) menargetkan
kenaikan pendapatan dan laba bersih sekitar 10% di tahun 2023. Sebagai
referensi, tahun 2022 SMRA membukukan kinerja keuangan dari sisi pendapatan
tumbuh 2,6% dari Rp 5,57 Triliun menjadi Rp 5,72 Triliun. Perseroan juga berhasil Minyak Mentah Brent (USD/Barrel)
mendapatkan peningkatan laba bersih sebanyak 40% yaitu dari Rp 550 miliar 90
menjadi Rp 772 miliar. . (Kontan) 85
80
Perluas Drop Point, Telefast (TFAS) Siapkan Capex Rp 5 Miliar di 2023. PT
75
Telefast Indonesia Tbk (TFAS), anak usaha PT M Cash Integrasi Tbk (MCAS),
70
menyiapkan Capital expenditure (Capex) atau belanja modal sebesar Rp 5 miliar
65
di tahun ini. Telefast memperluas jaringan drop point logistik yang mencapai
60
hingga lebih dari 9.000 titik. Inovasi dan kolaborasi pun dilakukan Telefast untuk
meningkatkan kinerja, memperkuat daya saing, dan memberikan kemudahan
layanan logistik kepada masyarakat. Telefast bekerja sama dengan mitra 3PL
(third party logistic) dalam beberapa tahun belakangan, antara lain dengan
CPO Malaysia (MYR/Mton)
SiCepat Ekspres, Paxel, Sentral Cargo, Bukalapak dan lainnya.(Kontan)
4,400
4,300
4,200
4,100
4,000
3,900
3,800

Batubara (USD/Mton)
450
400
350
300
250
200
150
100

Emas (USD/t Oz)

2,100

2,000

1,900
your reliable partner | 2

1,800

1,700

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 Stock Recommendation
PTBA
Daily Insight

SPECULATIVE BUY
Analisis:
• Berhasil breakout resistance dan membentuk candle
bullish yang kuat, antisipasi jika dapat menutup gap
kembali.
• MACD masih di area golden cross diikuti peningkatan
volume beli.
• Stoploss apabila harga saham kembali turun ke bawah
di level 3600.

• Support : 3250
• Resistance : 3860
• Stoploss : 3600
• Target Price : 4330

DRMA
SPECULATIVE BUY
Analisis:
• Berhasil breakout resistance dan membentuk candle
bullish yang kuat.
• Stochastic berhasil membentuk golden cross.
• Stoploss apabila harga saham kembali turun dan
bertahan kebawah area 1350.

• Support : 1285
• Resistance : 1445
• Stoploss : 1350
• Target Price : 1570

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 Stock Recommendation
BUKA
Daily Insight

SPECULATIVE BUY
Analisis:
• Membentuk candle bullish dan berhasil breakout dari
resistance penting nya, antisipasi jika dapat rebound.
• Stochastic berhasil membentuk golden cross.
• Stoploss apabila harga turun kebawah dan berhasil
bertahan 216.

• Support : 198
• Resistance : 228
• Stoploss : 216
• Target Price : 250

LPPF
SPECULATIVE BUY
Analisis:
• Membentuk candle marubozu bullish dan berhasil
breakout resistance.
• Stochastic dan MACD berhasil membentuk golden
cross.
• Stoploss apabila harga turun kebawah dan berhasil
bertahan di 3580

• Support : 3290
• Resistance : 3900
• Stoploss : 3580
• Target Price : 4600

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 Indicator Explorer
Resistance P rice Suppo rt Weekly Weekly Indicato r Mo ving Average
Daily Insight

Ticker
Fractal 15-Mar-23 Fractal High Lo w Sto chastic RSI B. Band 20 Days 50 Days 200 Days
AALI 13,150 7,950 11,750 13,150 8,075 Neutral Bearish Oversold Lower Bands Under Under Under
ACES 1,030 456 980 1,025 482 Neutral Bearish Oversold Lower Bands Under Under Under
ACST 168 132 154 168 138 Neutral Bearish Oversold Lower Bands Under Under Under
ADHI 730 414 650 700 422 Neutral Bullish Oversold Lower Bands Under Under Under
ADRO 3,380 2,750 3,050 3,380 2,820 Neutral Bearish Neutral Lower Bands Under Under Upper
AGII 2,440 1,910 1,670 2,120 1,985 Neutral Bearish Neutral Middle Bands Under Upper Upper
AKRA 1,065 1,400 975 1,410 1,030 Neutral Bullish Overbought Upper Bands Upper Upper Upper
AMRT 1,845 2,850 1,430 2,900 1,785 Neutral Bullish Overbought Upper Bands Upper Upper Upper
ANTM 2,670 1,855 2,340 2,670 1,865 Neutral Bearish Oversold Lower Bands Under Under Under
ARNA 1,070 1,000 980 1,070 1,015 Neutral Bearish Neutral Middle Bands Under Upper Upper
ASII 7,300 5,775 6,825 7,200 5,875 Neutral Bearish Neutral Lower Bands Under Under Under
ASRI 163 152 149 161 154 Neutral Bearish Neutral Middle Bands Under Under Under
ASSA 2,200 735 1,860 2,170 770 Neutral Bearish Oversold Lower Bands Under Under Under
BBCA 7,575 8,325 7,325 8,475 7,450 Neutral Bullish Neutral Upper Bands Upper Upper Upper
BBNI 9,175 8,800 8,050 9,175 8,925 Neutral Bearish Neutral Middle Bands Under Upper Upper
BBRI 4,530 4,700 4,320 4,770 4,440 Neutral Bullish Neutral Middle Bands Upper Upper Upper
BBTN 1,690 1,175 1,635 1,690 1,225 Neutral Bearish Oversold Lower Bands Under Under Under
BDMN 2,510 2,720 2,320 2,720 2,360 Neutral Bullish Overbought Upper Bands Upper Upper Upper
BEST 113 131 106 135 109 Overbought Bullish Overbought Upper Bands Upper Upper Upper
BFIN 1,160 1,295 1,045 1,315 1,095 Neutral Bearish Neutral Middle Bands Upper Upper Upper
BIRD 1,240 1,685 1,160 1,700 1,195 Neutral Bullish Overbought Upper Bands Upper Upper Upper
BISI 1,880 1,745 1,535 1,880 1,625 Neutral Bullish Neutral Middle Bands Upper Upper Upper
BJBR 1,460 1,320 1,410 1,465 1,340 Neutral Bearish Oversold Lower Bands Under Under Under
BMRI 8,075 10,050 7,750 10,175 8,050 Neutral Bullish Overbought Upper Bands Upper Upper Upper
BNGA 1,070 1,210 995 1,230 1,015 Neutral Bullish Overbought Upper Bands Upper Upper Upper
BNLI 1,300 975 1,130 1,235 1,000 Neutral Bearish Oversold Lower Bands Under Under Under
BRPT 840 765 800 825 785 Neutral Bearish Neutral Lower Bands Under Under Under
BSDE 930 995 880 995 920 Neutral Bullish Neutral Upper Bands Upper Upper Under
BTPN 2,610 2,460 2,490 2,540 2,460 Neutral Bearish Neutral Lower Bands Under Under Under
CPIN 5,175 5,000 4,880 5,175 5,000 Neutral Bearish Neutral Middle Bands Upper Under Under
CTRA 1,010 950 960 1,010 965 Neutral Bearish Neutral Lower Bands Under Under Under
DILD 149 165 139 168 143 Neutral Bearish Overbought Upper Bands Upper Upper Upper
DMAS 175 165 170 175 166 Neutral Bearish Neutral Lower Bands Under Under Under
DOID 615 292 476 615 298 Oversold Bearish Oversold Lower Bands Under Under Under
ERAA 515 482 482 515 496 Neutral Bearish Neutral Lower Bands Under Under Under
ESSA 1,405 980 1,045 1,350 985 Neutral Bearish Neutral Lower Bands Under Under Upper
GGRM 31,200 25,100 30,100 31,200 25,275 Neutral Bearish Oversold Lower Bands Under Under Under
GMFI 83 52 76 83 54 Neutral Bearish Oversold Lower Bands Under Under Under
HMSP 980 1,145 905 1,165 1,065 Neutral Bullish Overbought Upper Bands Upper Upper Upper
HOKI 157 97 143 149 102 Neutral Bearish Oversold Lower Bands Under Under Under
HRUM 11,300 1,530 10,375 11,300 1,580 Neutral Bearish Oversold Lower Bands Under Under Under
ICBP 8,350 9,325 7,750 9,750 8,100 Neutral Bullish Overbought Upper Bands Upper Upper Upper
IMAS 770 1,045 705 1,080 755 Overbought Bullish Overbought Upper Bands Upper Upper Upper
IMJS 424 272 356 368 278 Neutral Bearish Oversold Lower Bands Under Under Under
INCO 8,275 6,150 6,850 8,275 6,175 Neutral Bearish Neutral Lower Bands Under Under Upper
INDF 6,550 6,100 6,325 6,475 6,225 Neutral Bearish Neutral Lower Bands Under Under Under
INDY 2,950 2,140 2,470 2,950 2,210 Neutral Bearish Neutral Lower Bands Under Under Upper
INKP 7,925 7,175 7,200 7,925 7,500 Neutral Bearish Neutral Lower Bands Under Under Under
INTP 10,600 10,250 9,375 11,000 10,000 Overbought Bearish Neutral Middle Bands Upper Under Under
ITMG 33,800 37,900 31,250 38,325 33,075 Neutral Bullish Overbought Upper Bands Upper Upper Upper
JPFA 1,420 1,155 1,370 1,420 1,205 Neutral Bearish Oversold Lower Bands Under Under Under
JRPT 498 492 468 496 474 Overbought Bullish Neutral Upper Bands Upper Upper Upper
JSMR 3,780 3,060 3,660 3,840 3,210 Neutral Bullish Oversold Lower Bands Under Under Under
KLBF 1,660 2,070 1,575 2,120 1,635 Neutral Bullish Overbought Upper Bands Upper Upper Upper
LINK 4,600 2,160 4,380 4,690 2,320 Neutral Bearish Oversold Lower Bands Under Under Under
LPCK 1,465 900 1,065 1,335 915 Oversold Bearish Oversold Lower Bands Under Under Under
LPKR 128 72 114 128 78 Neutral Bearish Oversold Lower Bands Under Under Under
LPPF 5,925 4,950 5,250 5,900 4,970 Neutral Bearish Neutral Lower Bands Under Under Upper
LSIP 1,465 1,005 1,325 1,465 1,020 Neutral Bearish Oversold Lower Bands Under Under Under
MAIN 660 438 595 605 450 Oversold Bullish Oversold Lower Bands Under Under Under
MAPI 910 1,545 820 1,570 865 Neutral Bullish Overbought Upper Bands Upper Upper Upper
MCAS 13,325 5,550 11,800 13,875 6,200 Neutral Bearish Oversold Lower Bands Under Under Under
MEDC 575 930 555 975 565 Neutral Bullish Overbought Upper Bands Upper Upper Upper
META 130 116 108 120 111 Neutral Bullish Neutral Upper Bands Upper Upper Under
3,140 3,000 2,420 3,140 2,800 Overbought Bearish Overbought Middle Bands Upper Upper Upper
your reliable partner | 5

MIKA
MNCN 1,080 590 915 960 620 Neutral Bearish Oversold Lower Bands Under Under Under
MYOR 1,860 2,650 1,600 2,690 1,675 Neutral Bullish Overbought Upper Bands Upper Upper Upper
PBID 1,810 1,555 1,735 1,810 1,570 Neutral Bearish Oversold Lower Bands Under Under Under
PGAS 1,540 1,410 1,335 1,795 1,495 Neutral Bearish Neutral Middle Bands Under Under Upper
PNBN 1,085 1,330 920 1,395 1,035 Neutral Bullish Overbought Upper Bands Upper Upper Upper
Source : Reliance Research

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 Indicator Explorer

Resistance P rice Suppo rt Weekly Weekly Indicato r Mo ving Average

Daily Insight

Ticker
Fractal 15-Mar-23 Fractal High Lo w Sto chastic RSI B. Band 20 Days 50 Days 200 Days
PTBA 3,860 3,810 3,560 4,520 3,880 Neutral Bearish Neutral Middle Bands Under Upper Upper
PTPP 940 590 865 925 615 Neutral Bearish Oversold Lower Bands Under Under Under
PWON 560 436 490 520 444 Neutral Bearish Oversold Lower Bands Under Under Under
RALS 735 630 620 710 635 Neutral Bearish Neutral Middle Bands Under Under Under
ROTI 1,295 1,435 1,270 1,480 1,280 Overbought Bullish Overbought Upper Bands Upper Upper Upper
SCMA 258 184 230 236 196 Oversold Bearish Oversold Lower Bands Under Under Under
SGRO 2,360 2,100 2,200 2,360 2,120 Neutral Bearish Neutral Lower Bands Under Under Upper
SIDO 950 850 920 970 855 Neutral Bearish Neutral Lower Bands Under Under Under
SILO 8,975 1,315 950 1,320 1,050 Neutral Bearish Oversold Upper Bands Upper Under Under
SIMP 520 396 472 520 400 Neutral Bearish Oversold Lower Bands Under Under Under
SMBR 520 354 460 515 380 Neutral Bearish Oversold Lower Bands Under Under Under
SMCB 1,700 1,315 1,575 1,590 1,330 Oversold Bullish Oversold Lower Bands Under Under Under
SMGR 6,775 6,175 6,225 6,775 6,425 Neutral Bearish Neutral Middle Bands Under Under Under
SMRA 730 550 665 705 560 Neutral Bearish Oversold Lower Bands Under Under Under
SMDR 3,350 366 2,550 3,350 382 Neutral Bearish Oversold Lower Bands Under Under Under
SSMS 1,180 1,680 1,030 1,720 1,205 Overbought Bullish Overbought Upper Bands Upper Upper Upper
TBIG 3,080 2,100 2,750 2,880 2,170 Oversold Bearish Oversold Lower Bands Under Under Under
TBLA 810 685 765 810 695 Neutral Bearish Oversold Lower Bands Under Under Under
TINS 1,900 1,040 1,615 1,810 1,090 Neutral Bearish Oversold Lower Bands Under Under Under
TKIM 6,775 6,550 6,450 6,825 6,550 Neutral Bearish Neutral Middle Bands Under Under Under
TLKM 4,850 4,010 4,070 4,230 4,060 Neutral Bullish Oversold Middle Bands Under Under Under
TOTL 304 312 296 318 300 Neutral Bullish Overbought Upper Bands Upper Upper Upper
TOWR 1,030 920 940 970 955 Oversold Bearish Neutral Lower Bands Under Under Under
TPIA 9,975 2,220 9,800 9,975 2,250 Neutral Bearish Oversold Lower Bands Under Under Under
ULTJ 1,535 1,470 1,480 1,515 1,480 Neutral Bearish Neutral Lower Bands Under Under Under
UNTR 30,500 27,250 29,200 30,800 27,700 Neutral Bearish Neutral Lower Bands Under Under Upper
UNVR 5,125 4,100 3,370 5,125 4,230 Neutral Bearish Neutral Middle Bands Under Upper Under
WEGE 180 135 170 180 138 Neutral Bearish Oversold Lower Bands Under Under Under
WIKA 960 905 895 950 910 Neutral Bearish Neutral Middle Bands Under Under Under
WOOD 630 398 590 630 422 Neutral Bearish Oversold Lower Bands Under Under Under
WSBP 121 95 95 95 95 Oversold Bearish Oversold Upper Bands Under Under Under
WSKT 560 470 482 535 472 Neutral Bearish Neutral Lower Bands Under Under Under
WTON 214 206 199 214 204 Neutral Bearish Neutral Middle Bands Under Under Under
Source : Reliance Research

your reliable partner | 6

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 Indeks LS27
Recommen Current Earnings (Bn Current Price Current P/E Current P/B FY23F FY23F
Ticker TP (IDR) Upside (%) Sector NPM (%) ROA (%) ROE (%)
dation IDR) (IDR) (x) (x) P/E (x) P/B (x)
Daily Insight

AGII Not Rated N/A N/A Basic Materials 70 1,910 54.5 1.6 N/A N/A 3.7% 1% 2%
ESSA Not Rated N/A N/A Basic Materials 2,537 980 9.2 2.1 N/A N/A 29.9% 20% 35%
INCO Not Rated N/A N/A Basic Materials 2,565 6,150 19.3 1.7 N/A N/A 19.3% 6% 7%
MDKA Not Rated N/A N/A Basic Materials 1,070 3,990 75.9 3.1 N/A N/A 1.3% 2% 3%
SMGR BUY 9,700 57% Basic Materials 1,732 6,175 18.3 1.0 19.1 1.4 6.9% 2% 4%
ERAA Not Rated 690 43% Consumer Cyclicals 677 482 7.9 1.1 5.16 0.88 1.9% 4% 10%
AUTO Not Rated N/A N/A Consumer Cyclicals 911 1,690 8.2 0.6 N/A N/A 6.7% 5% 7%
DRMA Not Rated N/A N/A Consumer Cyclicals 252 770 9.0 2.9 N/A N/A 9.5% 10% 20%
VICI Neutral 534 8% Consumer Non Cyclicals 534 496 35.9 4.1 30.3 3.5 73.4% 5% 7%
INDF Not Rated N/A N/A Consumer Non-Cyclicals 4,646 6,100 6.0 0.6 N/A N/A 5.7% 3% 5%
PTRO BUY 5,025 14% Energy 472 4,400 9.4 1.0 8.3 1.0 1.5% 5% 11%
ADRO Not Rated N/A N/A Energy 33,031 2,750 2.4 0.9 N/A N/A 36.7% 22% 34%
AKRA Not Rated N/A N/A Energy 1,509 1,400 15.0 2.3 N/A N/A 4.4% 6% 12%
INDY Not Rated N/A N/A Energy 4,816 2,140 1.7 0.6 N/A N/A 10.8% 9% 27%
MEDC Not Rated N/A N/A Energy 5,706 930 4.0 1.0 N/A N/A 22.2% 6% 24%
ITMG Not Rated N/A N/A Energy 13,611 37,900 2.6 1.4 N/A N/A 34.2% 36% 46%
BBCA Not Rated N/A N/A Financials 28,970 8,325 27.6 4.8 N/A N/A 54.7% 2% 14%
BBRI Not Rated N/A N/A Financials 39,311 4,700 14.0 2.4 N/A N/A 29.0% 2% 13%
BFIN Not Rated N/A N/A Financials 1,310 1,295 12.6 2.4 N/A N/A 41.7% 7% 15%
BRIS Not Rated N/A N/A Financials 3,205 1,520 17.6 2.5 N/A N/A 27.9% 1% 12%
BMRI Not Rated N/A N/A Financials 33,465 10,050 11.9 2.0 N/A N/A 31.2% 2% 14%
KLBF Not Rated N/A N/A Healthcare 2,534 2,070 28.7 4.6 N/A N/A 12.0% 10% 12%
ASSA Not Rated N/A N/A Transportation & Logistic 69 735 13.5 1.0 N/A N/A 1.5% 1% 3%
ASII Not Rated N/A N/A Industrials 32,012 5,775 8.2 1.0 N/A N/A 14.5% 8% 13%
TLKM Not Rated N/A N/A Infrastructures 22,816 4,010 17.7 2.7 N/A N/A 21.0% 8% 16%
JKON Not Rated N/A N/A Infrastructures 106 110 11.4 0.6 N/A N/A 3.9% 2% 4%
DMAS Not Rated N/A N/A Properties & Real Estate 768 165 9.4 1.3 N/A N/A 61.2% 11% 13%

Indicator Explorer Analyst Rating Framework:

The given rating is a basis of technical analysis consideration
▪ Buy : Share price may exceed 10% over the next 12 months
▪ Trading Buy : Share price may exceed 15% over the next 3 months, however longer-term outlook remains uncertain
▪ Speculative Buy : Share price may exceed 20% in a short time horizon, however longer-term outlook remains uncertain
▪ Buy On Weakness : Accumulate stock at indicated support level
▪ Buy If Break : Accumulate stock when share price move above the indicated resistance level
▪ Sell On Strength : Sell stock at indicated resistance level, share price expected to fall in a short time horizon
▪ Neutral : Share price may move within the range of +/- 10% over the next 12 months
▪ Take Profit : Target price has been attained. Look to accumulate at lower levels
▪ Partial Sell : Share price may fall by more than 10% over the next 12 months

Index LS27 Analyst Rating Framework:

The given rating is a basis of fundamental analysis consideration
▪ BUY : Expected return of 2x Risk Free or more within a 12-month period
• NEUTRAL : Expected return between -1.9x and 1.9x Risk Free
• SELL : Expected return of -2x Risk Free or more within a 12-month period
• NON-RATED : Analysts do not express any trading recommendation

Sectoral Weekly View Rating Guidance:

The given rating is a basis of technical analysis consideration
▪ Overweight : Sector may move in bullish (up) trend on daily timeframe for current week, by considering prior 2 (two) to 6 (six) months
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movement
▪ Neutral : Sector may move sideway on daily timeframe for current week, by considering prior 2 (two) to 6 (six) months movement.
▪ Underweight : Sector may move in bearish (down) trend on daily timeframe for current week, by considering prior 2 (two) to 6 (six) months
movement

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 Head Office Research Team
Reliance Building Lukman Hakim, Sr. Research Analyst
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Daily Insight

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Kebon Jeruk Ayu Dian, Research Analyst
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IDX Corner & Investment Gallery

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Malang 65144 Komplek PP Darul Ulum Ciamis 46274
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Universitas Surabaya STIESIA Surabaya STIKOM BALI

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Surabaya 60294 Surabaya Renon, Denpasar Timur, kota
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Universitas 17 Agustus 1945 Universitas Muhammadiyah Universitas Siliwangi

Banyuwangi Sidoarjo Tasikmalaya
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JawaTimur Jl. Majapahit 666 B Tasikmalaya 46151
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Disclaimer:
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Information, opinions and recommendations contained in this document are presented by PT Reliance Sekuritas Indonesia Tbk. from sources that are considered
reliable and dependable. This document is not an offer, invitation or any kind of representations to decide to buy or sell stock. Investment decisions taken based on this
document is not the responsibility of PT Reliance Sekuritas Indonesia Tbk. PT Reliance Sekuritas Indonesia Tbk. reserves the right to change the contents of this
document at any time without prior notice.

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