Transaksi Saham GOTO Melonjak Pasca Buyback

IDXchannel

Saham PT GoTo Gojek Tokopedia Tbk (GOTO) mulai menggeliat dan mencoba keluar dari harga Rp50 per saham alias gocap pada Rabu (10/7/2024) seiring perseroan mulai merealisasikan pembelian kembali (buyback) saham senilai Rp3,82 miliar.

Transcript

00:00From the topic of choice, we move on to the information of the emitter of the buyer's choice,

00:03where the trading of PT Gotoh Gojek Tokopedia TBK or Gotoh

00:08jumped significantly to 273.99 billion rupiah

00:12in the first session of Rabu after announcing that the purchase of shares has been made.

00:17The volume and value of the transaction increased compared to the previous week,

00:21which only recorded tens of billions of rupiah in one trading day.

00:30Quoted from the RTI data until 10 past 31, West Indonesia time, Rabu, July 10, 2024.

00:38It is recorded that 5.03 billion Gotoh shares have been sold,

00:43with a turnover of 252.47 billion rupiah.

00:48The volume and value of this Gotoh transaction is significant compared to the previous week,

00:52which only recorded tens of billions of rupiah in one day.

00:56Until the closing of the trading session 1 Rabu,

00:59the number of Gotoh shares sold increased to 5.46 billion shares.

01:03The value of the transaction increased to 273.99 billion rupiah.

01:10The jump in the volume of the transaction and the price of Gotoh shares is driven by a positive sentiment,

01:14starting with the realization of the purchase of shares again or buyback.

01:18On July 9, 2024, Gotoh announced the disclosure of the information

01:22on the list of holders of shares or DPS stating that there was an addition of 3.82 billion shares in June 2024.

01:30This action made the total shares increase to 14.08 billion shares or 1.17% at the end of June 2024,

01:38compared to 10.26 billion shares or 0.85%.

01:44It is not complete how much the buyback price of Gotoh shares is at what level and the period of the first phase of purchase,

01:49but if we assume an average price of 11 to 30 June 2024,

01:53Gotoh shares are traded at 50.83 rupiah per share.

01:58With that assumption, the buyback price is estimated to be around 194.42 billion rupiah.

02:04Only 6.07% of the target buyback shares are for holders of shares

02:08that reach US$200 million or around 3.2 trillion rupiah.

02:20In the midst of a surge in transactions throughout today's trading,

02:24the movement of Gotoh shares is also quite interesting to observe.

02:27It's starting to show up.

02:29Because in some of the last trades, Gotoh shares traders are more likely to be stagnant at 50 rupiah per share.

02:35Today, the average is experiencing an increase of more than 2% and moving slightly at 51 rupiah per share.

02:41But at least this gives one signal for Gotoh to move higher again

02:47given that the buyback process will continue for the next few days

02:52once the holders of the shares get their target.

02:56Let's move on to the first graph.

02:58We will see how the movement of Gotoh shares is throughout today's trading.

03:04You can see the graph on your TV screen.

03:06The movement of Gotoh shares,

03:08where the opening position this morning was opened at level 50,

03:13is the same as the previous trading position,

03:16where Gotoh, in the last few days,

03:19is more likely to be stagnant at 50 rupiah per share.

03:22At 9.30 a.m., it moved to 51 rupiah per share.

03:25At 10.00 p.m., 11.30 a.m., it moved back to 50 rupiah per share

03:30until the opening of the second session today.

03:33I would like to say that the current position of Gotoh is moving back to the level of 51 rupiah per share,

03:38which is 2.00%.

03:40It is the highest level of intraday trading throughout today's trading.

03:44Let's move on to the next graph.

03:46We will see how the movement of Gotoh shares is

03:49in the last few months,

03:51where Gotoh has undergone quite a deep correction.

03:54Even in terms of intraday and closing,

03:57it has reached its lowest level throughout the period

04:00from the IPO price above 400 rupiah a few days ago.

04:05In February, it was still traded at 90 rupiah per share.

04:08In March, it was pushed to 69 rupiah per share.

04:10In April, it was pushed to 68 rupiah per share.

04:12In May, it was pushed to 63 rupiah per share.

04:13In June, it was pushed to 64 rupiah per share.

04:14Meanwhile, the June and July trading

04:16has been traded at 50 rupiah per share.

04:18Even in the last few weeks,

04:20Gotoh has been stagnant at 50 rupiah per share.

04:23Let's move on to the next graph.

04:25We will try to see from the valuation side

04:27with some indicators that exist.

04:29We will try to see from the position of the price-to-earning ratio indicator

04:34minus 17.42x,

04:37PSR at 3.68x,

04:39PBV at 1.60x,

04:42while the PCFR is minus 183.87x.

04:46A combination of fundamental, technical,

04:48and also from the valuation side.

04:50Hopefully, it can be one of the references for you.

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