- 1 year ago
IHSG melesat 1,08% di Rabu (14/8/2024) ke 7.436,04 menyentuh level penutupan tertinggi baru dan secara intraday mendekati level tertinggi sepanjang masa. Sektor konsumer non-primer menjadi penopang terbesar +3,42%. Sementara Rupiah ditutup di titik terkuat hampir dalam 5 bulan terakhir di Rp15.675/USD +0,98%.
Dari global, Bursa ekuitas Wall Street menghijau, Rabu, dengan S&P 500 memperpanjang rekor kemenangannya menjadi lima sesi, karena data inflasi terbaru meyakinkan investor yang berspekulasi The Fed akan mulai memangkas suku bunga bulan depan.
Dari global, Bursa ekuitas Wall Street menghijau, Rabu, dengan S&P 500 memperpanjang rekor kemenangannya menjadi lima sesi, karena data inflasi terbaru meyakinkan investor yang berspekulasi The Fed akan mulai memangkas suku bunga bulan depan.
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TVTranscript
00:00Next, let's take a look at some of the following economic agendas.
00:08From Asia, there is the release of the PDB Triulan II Japan,
00:12then the listing of South Korean trade in July,
00:16the price of China's house in the July period 2024,
00:21then the sale of Chinese retail year-on-year in the July period,
00:26and the listing of Indonesian trade in the July period.
00:30Meanwhile, from the United States,
00:33we can see that this is a continuous unemployment claim.
00:37Next, there is the Fed Philadelphia Manufacturing Index,
00:40the sale of retail in the July period 2024.
00:44Then, the ECB provides a list of monetary policies.
00:48And from the IMF, there is a report from the RUPS
00:52on the development of the TBC or IBST.
00:58Then, from the IMF, there is a report from the PORT,
01:01this is a report from the RUPS,
01:03from PT Nusantara Pelabuhan Handal TBK Garuda Indonesia,
01:08RUPS, which has also been informed,
01:12this is related to the IMF agenda,
01:13then also RUPS,
01:14also GTSI, PT GTS International TBK,
01:18TINZ, the main payment information of the TINZ 01 BCN 2 series to 1,
01:23then MAC Dynamics,
01:25the date of the interim cash dividend,
01:27and there is also ACRA,
01:29this is the date of the interim cash dividend payment,
01:32PT AKR Corporindo TBK.
01:34Meanwhile, from the Asian Stock Exchange,
01:36this is monitored,
01:38until now we see first,
01:43the Asian Stock Exchange this morning,
01:45there is Nikkei 225,
01:46this strengthens 0.45% to 36,605,
01:50Straight Times Index strengthens 0.37% to level 3,298,
01:56then Cosmic Korea,
01:58this is recorded close,
01:59and Hang Seng weakens 0.61% to 17,008.
02:04See you this morning, Thursday trading.
02:15And in today's marketbust,
02:17we will try to discuss how the current market conditions,
02:21and has been connected with Mr. Praska Puterantio,
02:24CEO Advisor.id.
02:26Mr. Praska, thank you for joining us.
02:29Yes, good morning Ian.
02:31Yes, Mr. Praska, before we dig deeper,
02:33related to potential and opportunities,
02:35can be reviewed first, Mr. Praska,
02:37related to the last level of the Index,
02:39the price of yesterday's joint stock,
02:40which turned out to be quite solid,
02:41passing the level of 7,400.
02:44Actually, what can we read from yesterday's IHSG level?
02:47Yes, so for yesterday's IHSG movement,
02:50I see that this IHSG movement is quite optimistic,
02:54responding to the sentiment of the opportunity of a flowering rice,
02:58which will happen in the fourth quarter.
03:01Although according to our prediction,
03:04it will not happen once,
03:06because what is of concern is that there is still a lot of uncertainty,
03:10in terms of external issues, such as geopolitical sentiment,
03:13which can affect the price jump of the community,
03:15especially energy,
03:17then also political issues in the United States,
03:19which will also cause market speculation,
03:22whether the high flowering rice era is still going on,
03:24or has already started the low flowering rice,
03:26depending on the future conditions,
03:28so that market players see it,
03:32with the presence of yesterday's indication,
03:34the US economy is starting to slow down,
03:36from the rate of job creation that has increased,
03:38then the employment claims also started to increase on average,
03:41plus an additional amount of inflation that was released last night,
03:47which investors may have priced in the day before,
03:50that US inflation is predicted to try to pass below 3%,
03:55which made the company finally try to be more euphoric,
03:59and touch the all-time high with a level of 74 to 36.
04:0776 to 36, compared to foreign net buys, around 874 billion,
04:12and foreign accumulation has even reached 4.78 trillion net buys in the last month,
04:18even though for 3 months or year to date,
04:21it is still minus 11 trillion net sales,
04:23but at least foreign investors,
04:25we have recorded in the S-Bank market and the stock market,
04:28have made a clean purchase in the last 2 months,
04:32and that is also reflected in the strengthening of the Rupiah currency,
04:37which also falls under the dollar currency,
04:40the world currency, where the dollar index also fell to level 1.2,
04:43plus the obligation index, sorry I mean the obligation yield,
04:4710 years of the US Treasury has also dropped below 4%,
04:52to level 3.8, which is also followed by our yield,
04:5410 years also fell to 6.7-6.8%, like that.
04:59Okay, so there is indeed optimism in the market,
05:02especially earlier, one of them is the latest data from the United States,
05:06when it comes to inflation, and this pushes the belief
05:10that steps will be taken immediately by the Central American nation.
05:147436 became the all-time high,
05:17and yesterday it was recorded that we became the last level of the IHSG,
05:21and if counted from last Friday,
05:22the IHSG has been steadily strengthening.
05:25Is there then another all-time high potential, Mr. Praska,
05:29in our trade here?
05:32Yes, so in my opinion,
05:33precisely with the release of US inflation data according to expectations,
05:38and also unemployment claims data,
05:42plus the number of economic data has been responded to,
05:46with the weakness of the dollar,
05:48and gold also fell in the end,
05:49because investors hope that,
05:52with the slowdown of the global economy,
05:58and the US also slowed down,
06:00it is certain that more than 70% will tend to become a bubble,
06:07so that the indicator of inflation that was expected to drop today is below 3%,
06:122.9% released last night,
06:13it is ultimately according to expectations.
06:16So today, my prediction is that the IHSG will correct,
06:20because it has reached a peak at level 7,420,
06:24or 20, if I'm not mistaken, in March 2024,
06:28now it's more than a few points,
06:30and now my prediction is that there will be a thin gap,
06:33and it turns out that I checked again in the previous video,
06:36the IHSG has a lot of gaps below, like that.
06:40This makes the IHSG tend to overbought,
06:45and after a new record and everyone has priced in,
06:49this will be the correction today.
06:51We estimate it to be at level 7,453 with support at level 7,354, like that.
06:59Okay, it's actually a peak, so the correction potential can be seen,
07:04so that the range is not projected to be higher for a while,
07:12because the power is already quite large,
07:14and the gaps must be closed first, right, Mr. Praskaya?
07:17Correct.
07:18Okay, if we look at the sentiment from the US inflation data,
07:24we can see that the effect is starting to slow down,
07:27including the Indonesian currency market,
07:30there is a currency exchange rate that yesterday was at 15,600,
07:35it seems to be quite strong from the previous time.
07:38If we look at the IHSG currency, it has already been projected by Mr. Praskaya.
07:41Will the rupee strengthen again,
07:43along with the dollar, which is experiencing a weakness in the future?
07:47Okay, if you look at the tendency, yes, it can be estimated,
07:51maybe the rupee strength is not quite extreme.
07:56The estimate is in my opinion that it will be at the level of support at 15,500,
08:01for the use of rupee strength.
08:03Because if we talk too much, it will also affect the export side,
08:07such as the commodity sector, which will be a hindrance for us too, like that.
08:12This is what I calculated, the effect of the strengthening is relative to the maximum at the lowest level, at 15,500.
08:20Okay, so it won't be too significant,
08:23but the strengthening is still felt to continue for the rupee against the US dollar.
08:29Okay, this seems to be quite optimistic,
08:31both things are going hand in hand, from the capital market and also the money market.
08:36We hope that this will be a positive momentum too,
08:39even though there was a little potential correction from the IHSG index.
08:42Yes, we dig again about the IHSG yesterday, Mr. Prahaskar,
08:44at the Rabu trading, reaching level 7,436,
08:47it turns out that the consumer sector is the biggest supporter of the joint stock price index.
08:51Actually, how is the performance of the consumer sector so far, Mr. Prahaskar?
08:55Looking at yesterday, it seems quite fantastic, as it can be a supporter of the IHSG.
09:00Okay, good.
09:01If the consumer goods sector,
09:02the consumer goods sector, we read that there are primary and non-primary,
09:08cyclical and non-cyclical, like that.
09:10So, if I look at it, yesterday the strengthening of non-cyclical consumer goods,
09:17sorry, I mean non-primary cyclical goods,
09:20this is experiencing a significant strengthening of 3.42%,
09:23and if I look at it, it seems that it is also supported by stocks related to steel, like that.
09:32So, indeed, there is quite a lot of optimism in the future,
09:39and on top of that, the condition of our credit distribution has also been quite high,
09:42even though, if we look at the NBN, the property sector has increased,
09:45but we still see in the future,
09:48the increase in credit distribution in the low-income era
09:51will usually tend to push the economy to become higher,
09:55and that is very positive for the consumer goods sector,
09:58which I mentioned earlier is non-primary or cyclical,
10:03and there is a gap between them.
10:05Yesterday, there was a strengthening of VKTE,
10:10then there are other imitations,
10:13such as INDS, which also increased by more than 3%.
10:20So, some imitations related to non-primary needs
10:25are more optimistic in welcoming a more prosperous market in the future, like that.
10:32Okay, non-primary, steel, this is one of the main notes of steel,
10:36we also know that one of them is in the basic industry,
10:41yesterday, one of the brands also became the largest seller,
10:44increased by more than 4%.
10:45Is this a chance for the future brands, maybe this is one of the stocks that we can dig,
10:49Mr. Praska, what is the future like,
10:51is this an opportunity, can it then reach a higher level again,
10:54or level 9,000, we can say.
10:57Well, for the brand itself, it's actually a record high,
11:03it's been estimated at the level of around 11,300,
11:0811,300-11,400,
11:11even higher in intraday, reaching 12,000.
11:14Now, in terms of perspective, the long term of Energetik Barukan is still quite promising,
11:19only in terms of technical and also in terms of movement volume,
11:24the potential of the brand to rise again is still quite open,
11:27maybe just movements that are not as significant as in the beginning,
11:32so it's quite aggressive, it's more limited like that.
11:35But still, I estimate that with the current pattern,
11:39the brand still has a chance to rise,
11:40maybe the closest resistance is at level 9,250,
11:44so there is still a chance to reach 9,000,
11:47maybe there is still a potential for a short-term correction like that.
11:50Well, the level of 9,000 is still potential,
11:52because the closest level is at 9,250,
11:56if I'm not mistaken, from Mr. Prasca.
11:58Well, for the brand, Mr. Prasca, there are still many that we can explore,
12:01including the options from you,
12:03which can then be observed by viewers or friends of IDX Channel.
12:06But later, after the break, we will explore further,
12:09and viewers, stay with us,
12:10MarketBuzz will be back soon.
12:12Back with us in MarketBuzz,
12:15and of course, we will continue our conversation with Mr. Prasca Putrantio,
12:19CEO Advisor.id.
12:20Mr. Prasca, before we explore further,
12:22the options that can be observed by viewers,
12:25I want to go to the B-Caps banking sector first,
12:29which also continued to strengthen and support IHSG.
12:34For the sector or the B-Caps itself,
12:38what can we actually observe?
12:40Meanwhile, there is BBCA there,
12:42which is actually experiencing its own weakness, Mr. Prasca.
12:46Yes, for the stocks in the banking sector,
12:49if we talk more specifically,
12:53why can it weaken here?
12:55Because if it's the B-Caps,
12:57because if I look at it,
12:58it has already released a strong report from BCA, BRI, Mandiri,
13:02and the stocks from those big banks
13:05seem to have been priced in,
13:08the price increase in the previous days,
13:10if I look at the trend,
13:12the increase in the price of BBCA stocks
13:15has been
13:17tending to price in,
13:19releasing the METN, which is still positive,
13:22until the first semester of this year,
13:24with the increase in earnings,
13:27although it's still a bit slow,
13:28but it's still able to be positive.
13:30Recorded earnings growth of 6%,
13:32then the stock price has also increased by 111.10%,
13:36although if I look at the trend,
13:38relatively slow in the middle of the high-risk era,
13:41but the stock price has been responded by investors
13:46in the previous days,
13:49so when there was a strengthening in YSG yesterday,
13:53then the stocks from the big banks
13:55actually experienced a correction,
13:57and it also happened in the property sector,
14:01and the real estate sector,
14:02where some large property stocks
14:06also actually experienced a correction yesterday,
14:07where the METN line strengthens the property,
14:10experienced a decrease, something like that.
14:12And that's also, in addition to me,
14:14the condition of the NPL release from the property also increased,
14:18maybe it can be one of the negative trends too.
14:21Okay, so not just the big banks,
14:23it turns out that the property sector also made a correction yesterday
14:26in the middle of the strengthening of the interim joint stock price index,
14:29which I caught earlier,
14:30in fact, from the big banks themselves,
14:31the momentum has been responded first by investors
14:34related to the release of financial reports,
14:35even though we saw yesterday that there was a BBCA that experienced a weakening,
14:38but maybe one of the big cap studies,
14:41the BBCA itself after weakening yesterday,
14:43while the BBRI, BMRI, BBNI yesterday strengthened, compacted,
14:46BBCA for today or maybe in the future,
14:50what level is this actually, Mr. Preska, the movement?
14:54Okay, if we talk about big banks,
14:56BBCA, independent banks, BBRI,
14:59here the movement, I can say,
15:01BBCA, after going through the all-time high, tends to consolidate.
15:07Now, if we talk about independent banks,
15:09the trend is still strong,
15:10it's just that it's already starting to be prone to correction
15:12because in contrast to yesterday,
15:13in terms of indicators, maybe the candlestick has become an evening star,
15:19so there is a potential for it to return to normal in the short term
15:22because the market is already tending to experience a weakening
15:25in about the last two months,
15:27if I look here, the effect is not the same,
15:29and for the BBRI stock,
15:31and BBNI also experienced the same thing,
15:34but the most interesting thing here is more to the BBRI stock,
15:37because the strengthening of the price of the stock is not as significant
15:40as the movements of other big banks for BBRI stocks like that.
15:45Okay, that was a note for the big caps bank stocks,
15:50maybe it can also be a note for you,
15:52investors who are still monitoring the four big caps banks,
15:56or may have entered your universe.
15:58Let's move on to the options stocks today,
16:00I have received the information from Mr. Prasca,
16:02and let's take a look first,
16:03a number of options stocks today,
16:05are you comfortable with these stocks?
16:09There is the Astra International stock or ASEI,
16:13today it is included in the options stock,
16:14we see the level itself at 4740, 5400,
16:19the recommendation is BUY,
16:20INKP recommendation BUY, 8125, 9050,
16:25Indica Energy is also included in Mr. Prasca's option stock today,
16:281410, 1795, recommendation BUY,
16:31there is also the ITMG stock that is also recommended BUY,
16:36level 26,025, 28,650,
16:40let's dig deeper into the options stocks today,
16:44Mr. Prasca, there is Astra International there,
16:46why is the recommendation BUY still limited to ASEI?
16:50Yes, Mike, we still have a trend,
16:53maybe the market is a bit slow,
16:54because maybe there is also pressure from the companies,
16:57we are from the community sector,
16:59CPO, Batu Barai,
17:00which also experienced a decrease in energy
17:03throughout 2023-2024,
17:05because of the decrease in the price of the community,
17:07but I see, and also maybe from the automotive sector,
17:10also experiencing pressure,
17:12but I see here,
17:13the prospect of Astra for the long term,
17:16there is momentum,
17:18we talk about recovery in the long term,
17:20because in the middle of the conditions that are still enough,
17:25under this pressure,
17:26we see in the long term,
17:27this is the Astra National aggregate,
17:29the cycle is still going back to recreate growth again,
17:32although for now,
17:34the position is still relatively low
17:37in terms of market price movement,
17:38and for now,
17:39in terms of valuation from Astra International,
17:42I see that this ASEI stock is still relatively cheap,
17:46with a price-to-earning ratio that is still single digit,
17:49and I think it's still interesting for the Astra National class,
17:52and even though this is fundamentally due to a decrease in financial energy,
17:59it can be responded to by the price of the community.
18:01Third, technically, there is also an upper gap at level 5,075,
18:06so that investors can bear the upper gap that has not yet been reached at level 5,075.
18:10Okay, ASEI, yesterday the level was at 4,890,
18:14if you want to add or accumulate purchases,
18:16it means that the closest level is at 4,740, right, Mr. Praska?
18:20Correct, the closest level we are talking about is at 4,740,
18:24like that, the accumulation for the lowest price.
18:26Okay, it means that it is expected to be at 4,740 first,
18:29then the closest level for Astra International is at 5,400,
18:34a good recommendation from Mr. Praska.
18:37Please, friends, the viewers of Deksi Channel,
18:39but still, our decision is returned to you.
18:42Next, we go to the second stock, there is INKP there,
18:46this is also a good recommendation, let's see,
18:48for INKP itself, what can be further discussed by the viewers?
18:54Okay, so for INKP itself,
18:57apart from the technical aspect,
19:00the use of INKP has just started to rise,
19:05after experiencing a correction from the highest level in the last three months,
19:11we are at the level of 9,900,
19:13now it has started to rise again,
19:15according to the Fibonacci pull,
19:17it has risen again above the level of 8,075,
19:19with an increasing volume,
19:21and this we recognize that the potential of SAMI INKP
19:25is quite weak,
19:27reaching a level of resistance close to the level of 9,150,
19:32with the current position still at the level of 8,350, like that.
19:36This is what I think fundamentally,
19:39the potential of SAMI INKP is increasing,
19:41in other words, in terms of valuation,
19:43INKP is also still attractive,
19:45in the middle is also the Ginerja position,
19:47which is still selling well,
19:50but it has started to improve,
19:52its sales growth has decreased,
19:54and it has also recorded an increase,
19:56from before, it has recorded an increase,
20:00where we talked about in 2023,
20:02it still recorded an increase,
20:04in 2024, it has recorded an increase, like that.
20:08Okay, INKP is suitable for how long term,
20:11Mr. Plaska, is it just a short term,
20:14or a medium term?
20:17For INKP, I see it as a medium term,
20:19medium, maybe 1-3 months ahead,
20:22with the target at 9,900,
20:24to a high level in about 3 months, like that.
20:28Okay, INKP is the second option,
20:30which is recommended.
20:32Let's go to the next option,
20:34there is IND,
20:36or Indica Energy,
20:38from Indica or Batubara,
20:40why is IND interesting, Mr. Plaska?
20:44Indica Energy, or Indi,
20:46I see it here,
20:48in a catalytic way,
20:50I see it supported by the condition of the price,
20:53of the Batubara commodity,
20:55so this also reflects to other sectors,
20:58the Batubara commodity has actually strengthened,
21:00more or less in the last month,
21:03with a 9% increase,
21:05to $1.48 per ton, like that.
21:07So, in my opinion,
21:09it's quite interesting to be reflected,
21:11where this IND,
21:13in terms of book value, is still cheap,
21:15below 0.5x, and very technical,
21:17it is still below the average of the last year,
21:20and there is a gap above the level of 1,795.
21:23So, there are some resistance levels
21:25that are still interesting to be reflected
21:27as a release target,
21:29actually at level 16.15
21:31to level 17.95,
21:33where right now, in the short term,
21:35it has touched the resistance pattern,
21:37if I look here, it is potentially a double top pattern,
21:40later there will be a correction,
21:42then in the medium term,
21:44we will reduce it to 16.15,
21:46for the long term at 17.95.
21:48Okay, for the long term,
21:50it could even potentially reach 1,700,
21:53and Indica Energy,
21:55the last level at 1,470.
21:58Well, it can also be reflected,
22:00Indica Energy is the third choice,
22:02then we move on to the other choices,
22:05the sector is still active,
22:07there is ETMG,
22:09the recommendation is also by level,
22:11as mentioned earlier on the screen,
22:13but let's try to dig deeper,
22:15ETMG itself, what should viewers pay attention to?
22:18ETMG is also an international company,
22:21in ICE,
22:23so if I look here,
22:25it is in the middle of a slow process,
22:27because it is also pushed by the price of coal,
22:29and with the price of coal starting to rebound,
22:31in my opinion, it will potentially
22:33push Indica Energy back,
22:35at least in the third quarter of 2021,
22:37although it is not significant,
22:39but it should be in the middle,
22:41it can be a positive catalyst for ETMG.
22:44And in terms of technical,
22:46and fundamentally, it is still interesting,
22:48the valuation of ETMG,
22:50in terms of PER and PBV,
22:52it is still attractive,
22:54PER is still below 10 times for ETMG,
22:56and I also see here,
22:58for your technical use,
23:00there is a close resistance
23:02that can still be achieved at the level
23:0428,000 or 50,000, like that.
23:06The closest resistance at the level of 28,000
23:08can still be achieved by ETMG.
23:11Four options have been explained by Mr. Praska,
23:15but viewers, we still return the decision
23:17to each of you.
23:19Mr. Praska, the index of joint stock prices
23:21in our trade has been opened and monitored,
23:23greening again,
23:25will this be sufficiently sustained,
23:27we will discuss in the afternoon,
23:29Mr. Praska and Mr. Mirsa
23:31stay with us in MarketBus,
23:33back to Usai Jeda.
23:34Back with us in MarketBus,
23:36and of course still with us,
23:38with Mr. Praska Putrantio, CEO Advisor.ID.
23:41Before we dig into the opening position
23:43in today's trade,
23:45I will invite you to see
23:47what is the current position of IHSG.
23:49From the opening of the trade,
23:51the index of joint stock prices based on RTI data
23:53and also got a red mark,
23:55BP moving up 0.19%,
23:57to 7,450.37.
24:00Meanwhile, if we look at this,
24:02194 shares strong,
24:03137 shares weak,
24:04and 222 shares moving stagnant,
24:06the value of the transaction is 666 billion rupiah.
24:09And based on the RTI,
24:11you can also see on the screen,
24:13Mr. Mirsa,
24:14a number of shares are in the top gainers
24:16and top losers.
24:17From the gainers side,
24:18there is WIKA there, up 5.7%,
24:20BP is 1.28%,
24:22DOH is up 1.61%,
24:24Gotoh, Adi, Vector,
24:26Tins, RSCA, and also Java.
24:28Meanwhile, from the losers,
24:29there is Acra, KPIG, Fins,
24:31Medco, WG, Laba, Jemas,
24:33Richie, and also Meja.
24:38And let's continue our discussion
24:40with Mr. Praska Putrantio.
24:42Mr. Praska, IHSG is back
24:44in the early trading today,
24:47strong 0.14%,
24:490.19%.
24:50How can this happen?
24:53Can this hold or sustain
24:55until the end of the trade, Mr. Praska?
24:58Okay, according to my prediction,
25:00today, IHSG still tends to correction.
25:02As I said earlier,
25:04the range is more likely
25:06to consolidate the correction.
25:09In the range,
25:11around the level of 7,372,
25:15and also the resistance
25:17at the level of 7,453.
25:20Indeed, I think the correction
25:22is quite reasonable,
25:24because it is strong.
25:25And maybe the profit taken
25:26from several stocks that
25:27were in the index yesterday
25:28also has a chance to happen.
25:30And moreover, there are also
25:31a number of data from the United States.
25:33We are talking about US inflation,
25:35which I think was also released,
25:36down to 2.9%,
25:40below 3% expectation.
25:42It means that,
25:43according to my expectations,
25:45and the probability of a return,
25:48may be wider,
25:49especially in the fourth quarter of this year.
25:51Okay, so it is still,
25:53according to the prediction,
25:54there is still a potential correction
25:56of IHSG in the Thursday trading.
25:57Meanwhile, one of these stocks
25:58is a bit of a distraction.
25:59Mr. Prasaka, in the last two or three days,
26:01it is moving strong,
26:02even quite high.
26:03There is WIKA there,
26:04which is called
26:05affected by profit taking,
26:06and even in Thursday trading,
26:08this morning,
26:09it is back to 7%.
26:11What does this actually need to be seen,
26:13so that investors can
26:15stop the movement of WIKA right now?
26:19Yes, for WIKA itself,
26:20if I look at it,
26:21after it was opened from,
26:23at that time it was suspended,
26:25WIKA was made because of the performance,
26:29the first comeback was released,
26:31the performance of the semester,
26:34which is projected to be better
26:36in the first semester,
26:39in Q2 2024.
26:41Because,
26:42based on the data I saw,
26:44from the latest data in Datamarkt 2024,
26:47this WIKA,
26:49although in terms of sales,
26:51there is a decrease,
26:52but in terms of costs,
26:53the decrease in the operating margin
26:55and also the clean margin,
26:56the decrease is much less,
26:58although still minus,
26:59but much less than the previous period,
27:02maybe because of the great efficiency
27:03that was done,
27:04and if we look here,
27:06it is already able to record
27:08a positive operating margin,
27:09a positive operating margin,
27:11after in the previous three quarters,
27:14WIKA,
27:15I see here,
27:16recorded a negative operating margin,
27:19like that.
27:20Okay, so maybe a recommendation
27:22or advice for investors
27:24who pay attention to WIKA,
27:26Mr. Praska?
27:27Okay, for WIKA itself,
27:29I am here,
27:30the status is still speculative buy,
27:34because it is still minus,
27:38performance reduction,
27:39but without experiencing improvement,
27:41so investors also want to do
27:43investment in WIKA,
27:45maybe for a very short term,
27:47with the target,
27:49if I am here,
27:50for the nearest profit-taking resistance,
27:53it is at the previous support level,
27:56in the position of Rp. 368 per share,
28:03I mean Rp. 372 per share,
28:06for WIKA,
28:07that is also with a short-term focus,
28:09because it is more like the euphoria earlier,
28:11improvement in performance,
28:12and also from the restructuring of obligations,
28:15make their performance better in the future,
28:17like that.
28:18Okay, that's for WIKA,
28:19short-term, speculative buy,
28:21the level can be observed,
28:22investors, because this is indeed
28:23the increase is quite fast,
28:24in the last few days,
28:25but still,
28:26we return the decision to you.
28:28Mr. Praska,
28:29unfortunately our time is limited today,
28:31there are many things that we can go through,
28:32but we will continue in the next session,
28:35Mr. Praska, thank you very much,
28:36have joined the marketbuzz today,
28:38good health and success always.
28:40Okay, thank you,
28:41good morning.
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