00:00Indonesia's Stock Exchange
00:05From the topic of choice, let's move on to the information on the issuance meeting
00:08where PT Indosat, TBK, or ISAT is planning to carry out a corporate action,
00:13a stock split negotiation with a ratio of 1 to 4,
00:16where the stock split will be carried out over the entire B-series stocks.
00:22Indonesia's Stock Exchange
00:25From the topic of choice, let's move on to the information on the issuance meeting
00:28where PT Indosat, TBK, or ISAT is planning to carry out a corporate action,
00:34a stock split negotiation with a ratio of 1 to 4,
00:38where the stock split will be carried out over the entire B-series stocks.
00:43With this stock split, the nominal value of Indosat's B-series stocks,
00:46which is 100 rupiah per share, will become 25 rupiah per share.
00:53This stock split will also increase the number of Indosat's B-series stocks to 32.25 billion shares,
00:59from the current position of 8.06 billion shares.
01:05The management also explained that PT Indosat, TBK, or ISAT is planning to carry out a stock split
01:08because of the low liquidity of PT Indosat, TBK, or ISAT.
01:12By carrying out a stock split, it is expected to increase the liquidity of investment shares
01:16and can attract retail investors, especially young investors.
01:20Indosat hopes to do RUPSLB to ask for the agreement of the shareholder to carry out a stock split.
01:28And here is the schedule of the stock split of the B-series stocks of Indosat,
01:31where the principle agreement of the Indonesian Stock Exchange on August 2, 2024,
01:36the announcement of the RUPSLB agenda to the OJK on August 4, 2024,
01:40the announcement of the RUPSLB and the disclosure of information about the stock split on August 11, 2024,
01:46the call for the RUPSLB on August 26, 2024,
01:50the end of the stock trading with a long nominal throughout the market on October 11, 2024,
01:56and the effective date for the implementation of the stock split on October 14, 2024,
02:00and the expiration date of trading on October 14-15, 2024.
02:07Meanwhile, the date of the start of stock trading with a new nominal value in the regular market and the negotiation market,
02:12October 14, 2024,
02:14and the date of the start of stock trading with a new nominal value in the cash market, October 16, 2024.
02:31The Minister of Stock Exchanges seems to be positively appreciated by the market players,
02:36where ISAD is experiencing significant strength today,
02:40even though in a few minutes, the strength is more limited.
02:44Let's go straight to the first graphic.
02:46We will try to see how the intraday movement for ISAD is throughout the day.
02:52Opened in the first session this morning at Rp10,400 per share,
02:56it is stronger compared to the closing position last week at Rp10,200 per share.
03:02At 10 o'clock, it strengthened to Rp10,800.
03:05At 11 past 10, it strengthened to Rp10,975.
03:09Meanwhile, at the closing of the first session this afternoon,
03:12the strengthening was more limited at Rp10,950 per share.
03:17At the opening of the second session, it rose or strengthened to Rp11,000.
03:21Even a few minutes after the opening,
03:23I will deliver the update, the share of ISAD touched Rp11,150.
03:29Today's position, the strengthening is more limited at 4.66%,
03:33precisely at Rp10,675.
03:36Let's move on to the next graphic.
03:38We will try to see how the movement of ISAD in the last few months.
03:43You can also watch it on your television screen.
03:45In January, at the beginning of the year, the movement of ISAD was traded at Rp9,375.
03:54In February, it was at Rp9,500.
03:56On March 19, ISAD experienced a very significant spike at Rp12,050,
04:03the highest intraday level in the last six months.
04:06In April, May, and June, ISAD was more tense.
04:09Even in June, it moved at Rp10,200.
04:14Then in July, it rose to Rp10,500,
04:21and today's position at the opening of the second session at Rp11,000.
04:25Intraday was at Rp11,150.
04:28Meanwhile, in February, it was at Rp9,000.
04:32We will also try to see from the valuation side to the next graphic
04:35with some indicators that are available.
04:38The price-to-earning ratio for Indosat is at 16.14x,
04:47the PSR is at 1.58x,
04:49and the PVV is at 2.82x,
04:52and the PCFR is at 4.57x.
04:55A combination of fundamental, technical, and also from the valuation side.
04:58Hopefully this can be one of the references for you.
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