Cermati Saham Pilihan: ITMG, BBTN, INKP, PGAS

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"Saksikan tayangan kami Official Youtube IDX Channel di Program Market Buzz, Senin (01/11/2024) dengan Tema Cermati Saham Pilihan: ITMG, BBTN, INKP, PGAS."

Transcript

00:00Thank you for being with us and we are still talking with the CEO of Advisor.id, Praska Putrantio.

00:12We will summarize the recommendations and choices that we summarized in the following graphic data.

00:16The first recommendation is ITMG, with a buy recommendation at 25,425 and there is a target at 28,000.

00:27Then there is BBTN with support in the range of 1,405 to 1,435 with a target price of 1,515 to 1,540.

00:40INKP with support from 7,625 to 8,050 with a target price of 9,000.

00:46And Pegas with support from 1,515 to 1,550 with a target price of 1,670.

00:53We will go through them one by one.

00:55Let's start with ITMG. What is interesting about this mining stock?

01:03In my opinion, ITMG is based on technical and valuation.

01:11Based on valuation, this mining stock is one of the cheap mining stocks with a single-digit valuation.

01:19The dividend yield is also still relatively large, even though we are not talking about KTBA or Adaro.

01:27So, with an interesting valuation, still single-digit for the P ratio, while the PPP is below 1,

01:33as well as the prospect of the community itself for mining.

01:38After the cold season, we need a power plant. This is a chance to be a positive sentiment again.

01:46Also, if we look here, ITMG has already touched the support level at around Rp25,000.

01:54Support level at Rp25,500.

01:58In my opinion, this is an interesting thing to be able to be accumulated with a potential upside gap above at Rp27,150.

02:08Even though it has already distributed dividends,

02:12you can still see that ITMG is still interested in making a return.

02:17The closing level at the end of last week was Rp25,500. We should buy it at the low price.

02:23Yes, we suggest to buy it at the low price, at Rp25,000, Rp25,400, Rp25,500, up to Rp25,700.

02:31That's the range.

02:33Okay, you see there is a chance, the farthest is at least Rp28,000, as long as it can reach Rp27,150.

02:42Okay, that's it for ITMG's analysis.

02:44Let's move on to the next recommendation from Perbankan, namely BBTN.

02:48Not BKEPS Bank, the top four usually.

02:54Okay, for BBTN here, I see the interesting pattern is that it is in the uptrend channel.

03:01And the price yesterday at level Rp14,000-Rp15,000 is already close to the uptrend channel support level.

03:08With the volume, I see the price here is increasing, so there is a kind of bounce back.

03:15So, in addition to the government support in the property sector, especially middle- and lower-class houses.

03:22Hopefully, with the support of the middle- and lower-class houses, it can be a positive catalyst for BBTN,

03:29which is one of the strongest banks in the IPR.

03:33And although it is also an online bank, BBTN is the most neutralized by the sentiment.

03:41With the resistance target, earlier at level Rp15,040, if the accumulation, we can enter the level Rp14,005-Rp14,035.

03:50There is an opportunity to Rp15,040, which is closest to the BTN.

03:56And the highest level in the last three months and also the last six months, Rp15,045.

04:01It's a bit difficult to break through to the top, isn't it, Mr. Praskah?

04:05That's right. The price is still heavy.

04:07Still heavy. But if now it is still at Rp14,015 to Rp15,045, there is still an opportunity.

04:15That's right. It's still close to the way.

04:19There is also a fundamental improvement, right?

04:21And the valuation is still interesting.

04:23The price here is still cheap, which can be a positive thing for BBTN.

04:26Okay, that's why BBTN is in Mr. Praskah's recommendation today.

04:30INKP?

04:32Yes, good. If INKP is here, because I see it in the buy-on news release.

04:38I say it like this, why?

04:40Because ANGELO to INKP yesterday, because it released the data of the exchange rate down in Q3,

04:47where the post-receipt and the delay fell.

04:50Around the clean rate fell by 46.51%, while the receipt fell by 8%.

04:55And also in terms of valuation here, INKP is still among those who say low valuation,

05:03with a price-to-earning ratio and the value is still below 1x, as said by Perry, below 10x.

05:09So, it's still attractive.

05:11Indeed, the pressure is from the industry sentiment.

05:14The price is still not too good globally and there is a delay in selling.

05:20But here, the catalyst is interesting for speculative buy,

05:23with the accumulation target at Rp 765,000-Rp 8,050,000.

05:27Well, the release target is enough at Rp 9,000,000.

05:29Okay, that's the recommendation.

05:31Although if we look at the data this morning, it seems to be weakening to Rp 7,550,000.

05:37You still recommend INKP to support Rp 7,625,000.

05:44If for example, it is already below that level, Rp 7,550,000, what should we do?

05:50In my opinion, it is still interesting to accumulate,

05:54because investors still seem to respond to the sentiment of the decline in the price-to-earning ratio.

06:00Even so, if we look ahead, there is still a potential recovery here.

06:05However, the delay here is due to the global economic conditions,

06:09especially in the domestic market, such as the United States and China.

06:13What is the risk limit, Mr. Praska?

06:17What is the risk limit?

06:20For what level, sorry?

06:22Support, what is the strong support level?

06:24You have given support and it has been met.

06:26What is the risk limit?

06:29Okay, for the support level here, we look at Rp 7,550,000 as the most supported level.

06:45Rp 7,550,000.

06:49Okay, that's it for INKP.

06:51Then the last is Pegas.

06:53Support you said at Rp 15,500,000 up to Rp 15,500,000.

06:59Yes, good.

07:00If Pegas is here, the consideration is fundamentally it is quite good in Q2 yesterday.

07:10So fundamentally this year it is quite good, that's the first.

07:13Secondly, the price-to-earning ratio is still consolidating in the long-term bullish trend.

07:22After being able to rebound at level Rp 15,500,000.

07:25And with the target resistance, the target is at level Rp 16,700,000.

07:30And in terms of valuation, I think Pegas is still an attractive stock.

07:36Although in terms of P-E ratio, I mean, the P-E and P-E ratio are still interesting.

07:42Like we talked about IDMG, BTM and INKP.

07:47You said there is a chance, there is a target closest to this stock, Pegas, at Rp 16,700,000.

07:58So if this morning at Rp 15,200,000, actually it is still in the buying range.

08:05IDMG, BPTN, INKP and also Pegas are recommended options.

08:09And we will update the opening of trading in the first session this morning.

08:14We will look at the data, whether the price-to-earning ratio is able to rebound.

08:18And yes, it looks like there is an effort to rebound.

08:21Since yesterday, it weakened more than 1% this morning at Rp 7,495,000.

08:26With a weakening of 0.15%.

08:29The exchange rate of Rupiah against the US dollar at Rp 15,749,000 still weakens a thin 0.04%.

08:36Then we will look at the line of stocks that become gainers and also losers based on value.

08:42Among them, and of course this is still undergoing changes.

08:45There are stocks like BRMS, which is 3.7%, BUMI 0.74%, MPOW 10%, ERTX.

08:54Then there is MDLN, which is also a gainer.

08:57And from losers, there is MLPL or Multipolar, Inet, MPPA, IOTF, LPKR, Buka, MD, Aces and also HUMi.

09:06Before we end, Mr. Praska, how do you feel about the opening of trading this morning?

09:14Yes, for today's trading, I see that the stock price still looks positive.

09:20Then this morning I experienced a temporary decline.

09:25So it is necessary for investors to enter the NCC to wait for our GDP growth.

09:31The second is to wait for the US election.

09:33At least we will talk about the final tomorrow.

09:36So 2 weeks ahead, Monday and Tuesday, we will still be positive.

09:41But with the target level support for CCI at the level of Rp 7,500.

09:47You see the support is Rp 7,500.

09:49So if the price drops to Rp 7,490, you see there is still a chance to return to support Rp 7,500.

09:56Okay, this is just a little bit of an exaggeration because there is uncertainty in the short term.

10:02Okay, that's it.

10:04And while waiting for the GDP data, we also hope that the price index opportunity for CCI will really return to support Rp 7,500.

10:10Mr. Praska, thank you for sharing the information this morning.

10:13Always healthy for you. See you again, sir.

10:16Okay, thank you. Good morning.

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