00:00The following is the official statement of PT Astra International Tbk.
00:05According to the official statement of PT Astra International Tbk.
00:09AECI is still in a slump in September 2024
00:13as the number of car sales decline nationally.
00:16Even so, AECI is able to maintain the sales market
00:20as high as 55%.
00:26According to the statement of PT Astra International Tbk.
00:29Note that car sales in September 2024 reached 40,096 units
00:34or a decline of 8.97% year-on-year
00:37compared to the same period the previous year at 42,195 units.
00:44In short, car sales from Astra International Group
00:48with Toyota and Lexus brands reached 25,591 units in September
00:53down from the previous month of 26,183 units.
00:58Daihatsu sold 12,676 units in September
01:02down from 13,829 units in the previous month.
01:07Isuzu recorded a total sales of 1,670 units
01:11down from the previous month at 2,002 units.
01:14Finally, Unitrux also dropped to 159 units
01:17from the previous 181 units.
01:20Car sales in the LCGC Astra International segment
01:23became 10,222 units in September 2024
01:27down when compared to Augustus which was recorded at 11,703 units.
01:31Even so, Astra still controls 55% of the market
01:35from the total national car market.
01:39Head of Corporate Communications, PT Astra International Tbk
01:42Boykelana Subroto said
01:44Astra continues to commit to provide quality products
01:47and provide the best service for customers
01:49which is supported by the sales network throughout Indonesia.
01:53Various sources, IDX Channel.
02:02From the fundamental development,
02:04next we will deliver how the technical movement
02:07with SCE throughout today's approach,
02:09the last six months and also from the valuation side.
02:12Let's go straight to the first graphic.
02:15We will try to see how the intradenial movement
02:18for the ICE stock is.
02:20It was opened in the first session this morning at 5,025
02:24where this position experienced a weakness
02:26compared to the closure in the last trading week.
02:30The debate was on October 11th,
02:32still moving at the level of 5,075 buyers.
02:35The pressure is getting deeper
02:37and ICE left again at the level of 5,000.
02:40At 10 o'clock at 4,980,
02:42then 4,970,
02:44even at 11,040,
02:46weakening to 4,950.
02:49The first session closure was at 4,970
02:52and again weakening to 4,960 at the opening of the second session.
02:57I will say that the ICE position so far
03:02weakens at 2.86%, at 4,930.
03:06However, intraday,
03:08ICE today was pressed to 4,920
03:11with a weakness of more than 3%.
03:15Let's move on to the next graph.
03:17We will try to see the movement of the ICE stock in the last few months.
03:23You can see the graph on your television screen.
03:26In the 5th of April trading,
03:28the ICE stock was still traded at 5,300,
03:32more precisely at 5,350.
03:34In May, it was more depressed.
03:37It even touched the lowest intraday level at 4,290.
03:41Then it tried to rise to 4,500, 4,600, 4,700.
03:47Even in the September trading,
03:49it was again traded above the level of 5,200.
03:53Consolidation occurred for Astra International in the last few months.
03:57The price range moved between 4,900 and 5,200.
04:03Then it weakened back to 4,900.
04:07How about the valuation?
04:10There are several indicators.
04:12Let's move on to the next graph.
04:14We will try to see from the position.
04:17The price-to-earning ratio is around 6.34x.
04:21The PSR is 0.63x.
04:24The VVV is 1.01x.
04:26The PCFR is around 3.27x.
04:31Fundamentally and technically,
04:33and from the valuation point of view,
04:35hopefully this can be a reference for you.
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