SMALL CAP STOCKS INFO

INVESTMENT INFORMATION – RESEARCH CENTER

Friday, 31st March 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.
NAYZ Rp 106 (+9.27%) : Bidik penjualan 2023 +100%
Sector IDX Noncyclicals (-0.81%)
Market cap IDR 270.30 B
Didirikan pada 2014, PT. Hassana Boga Sejahtera Tbk (NAYZ) Volume 64.85 M (+28%)
merupakan perusahaan yang menjalankan usaha dalam
Support IDR 101
bidang industri makanan bayi.
Resistance IDR 111
NAYZ membidik kenaikan penjualan lebih dari 100% di
sepanjang 2023 dari penjualan pada 2022 sebelumnya. Hal Stop loss IDR 100
tersebut menegaskan bahwa perseroan siap memproduksi
lebih dari Rp 100 miliar per tahun dari sebelumnya hanya Net Buyers (value) Net Sellers (value)
maksimal Rp 37 miliar per tahun. NAYZ sedang menjajaki salah AZ (IDR 554.0 mn) HD (IDR 324.1 mn)
satu proyek dengan nilai yang cukup signifikan. Dalam waktu IH (IDR 266.2 mn) RO (IDR 298.4 mn)
dekat NYAZ bekerja sama dengan salah satu BUMN akan
ZR (IDR 237.7 mn) BR (IDR 229.8 mn)
membuka Warung Gizi yang memberdayakan UMKM binaan,
sebagai bentuk dukungan terhadap pemerintah dalam rangka
mencegah stunting, yakni dengan mengkonsumsi salah satu Income M10/2022 Growth
produk unggulan NYAZ adalah Nayz Bubur MPASI. NAYZ Statement (YoY)
menegaskan bahwa produk bubur tersebut sukses membantu Revenue IDR 26.8 bn +28.2%
menyelesaikan masalah stunting. Net Income IDR 481.9 mn -74.5%
Pada perdagangan Kamis, 30 Maret 2023, NAYZ ditutup pada
level harga Rp 106 (+9,27%) dengan kenaikan volume sebesar
28% dibandingkan hari sebelumnya.

1 | Small Cap Stocks Info | 31/3/2023 Mirae Asset Sekuritas Indonesia

PSKT Rp 60 (+5.26%) : Bidik pendapatan 2023 +10.5%
Sector IDX Cyclical (-0.64%)
Market cap IDR 621.07 B
Didirikan pada 10 April 1989, PT. Red Planet Indonesia Tbk Volume 9.41 M (+208%)
(PSKT) merupakan perusahaan yang bergerak dalam bidang
Support IDR 57
perhotelan.
Resistance IDR 63
PSKT merevisi target pertumbuhan pendapatan di sepanjang
2023, dari sebelumnya sekitar 12% menjadi 10,5%. Sementara Stop loss IDR 56
itu, PSKT menetapkan target penurunan rugi sebesar 50% dari
tahun sebelumnya. Hal ini diharapkan bahwa kerugian PSKT Net Buyers (value) Net Sellers (value)
AKAN tergerus signifikan dibandingkan tahun sebelumnya. AO (IDR 158.6 mn) XC (IDR 84.3 mn)
PSKT menilai bahwa kondisi bisnis di awal tahun ini terpantau LG (IDR 47.9 mn) NI (IDR 36.9 mn)
sesuai dengan ekspektasi. Hal tersebut didorong oleh kembali
PG (IDR 26.1 mn) YP (IDR 33.0 mn)
normalnya perjalanan antar kota, baik untuk bisnis ataupun
keperluan keluarga setelah pencabutan kebijakan
Pemberlakuan Pembatasan Kegiatan Masyarakat (PPKM). Income Q4/2022 Growth
Dengan demikian, maka bisnis hotel budget PSKT khususnya Statement (YoY)
sudah hampir kembali pulih seperti kondisi pra pandemi. Revenue IDR 58.86 bn +24.53%
Pada perdagangan Kamis, 30 Maret 2023, PSKT ditutup pada Net Income IDR -7.41 bn +38.84%
level harga Rp 60 (+5,26%) dengan kenaikan volume secara
signifikan sebesar 208% dibandingkan hari sebelumnya.

2 | Small Cap Stocks Info | 31/3/2023 Mirae Asset Sekuritas Indonesia

URBN Rp 125 (+5.04%) : Alokasikan capex 2023 Rp 1 T
Sector IDX Property (-0.53%)
Market cap IDR 404.02 B
Didirikan pada 1995, PT. Urban Jakarta Propertindo Tbk (URBN) Volume 3.45 M (+1072%)
merupakan perusahaan pengembang swasta pertama di
Support IDR 119
Indonesia yg berfokus pada pengembangan Transit Oriented
Development (TOD). Resistance IDR 132

URBN telah mengalokasikan dana belanja modal atau capex Stop loss IDR 118
sebesar Rp 1 triliun pada 2023. Alokasi tersebut digunakan
untuk pengembangan bisnis yang sudah ada, antara lain Net Buyers (value) Net Sellers (value)
Urban Suites, lalu dua proyek yang bekerjasama dengan Adhi CP (IDR 42.9 mn) AZ (IDR 110.6 mn)
Karya Group, LRT City Jatibening Baru, dan LRT City Ciracas. Di RG (IDR 21.6 mn) YP (IDR 35.4 mn)
sisi lain juga diperuntukkan pada proyek pengelolaan parkir,
GR (IDR 20.2 mn) XC (IDR 14.4 mn)
rest area, pasar dan proyek mall di LRT City Jatibening Baru
(Gateway Mall) dan Urban Suites Mall. Bagi perseroan, sektor
properti memiliki multiplier efect paling besar dalam Income Q3/2022 Growth
menggerakkan lebih dari 175 industri terkait. Kebijakan terkait Statement (YoY)
sektor properti dapat berdampak langsung pada penyerapan Revenue IDR 30.9 bn -36.4%
tenaga kerja, sehingga secara langsung akan mendorong Net Income IDR 15.4 mn -39.6%
stabilitas perbaikan ekonomi
Pada perdagangan Kamis, 30 Maret 2023, URBN ditutup pada
level harga Rp 125 (+5,04%) dengan kenaikan volume secara
signifikan besar 1072% dibandingkan hari sebelumnya.

3 | Small Cap Stocks Info | 31/3/2023 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 | 31/3/2023 Mirae Asset Sekuritas Indonesia