00:00The United Tractor Corporation, or UNTR, reported that it has completed the transaction value of the purchase of shares of the geothermal company PT Supreme Energy Rantau-Ledap.
00:16The final transaction value was agreed at US$80.58 million, from previously at US$80.69 million.
00:26The United Tractor Corporation, or UNTR, reported that it has completed the transaction value of the purchase of shares of PT Supreme Energy Rantau-Ledap at US$80.58 million, from previously at US$80.58 million.
00:51The purchase of this geothermal company was made by UNTR through the PT Energy Prima Nusantara subsidiary.
00:57There are operators as sellers of Supreme Energy are Merit Powerholding BV, Axia Powerholding BV, Tohoku Power Investment Company BV, and Impex Geothermal Ltd.
01:10The UNTR management said on October 15, 2024, Energy Prima Nusantara and sellers signed an agreement to calculate the price adjustment of the purchase of shares of Supreme Energy.
01:22In this calculation, there is a transaction value change based on the calculation using an audit financial report.
01:30Previously, on March 15, 2024, there was a closure of the purchase of shares of Supreme Energy, and Energy Prima Nusantara has completed the payment of US$80.69 million to the seller.
01:43The transaction value changes when the transaction is completed due to the adjustment of the position of the financial report.
01:51The UNTR management further stated that based on the financial report, the transaction value previously paid can get a reduction of US$108,749 or US$1.69 billion.
02:07Thus, the total value of the acquisition of Supreme Energy by Energy Prima Nusantara became US$80.58 million.
02:20UNTR Technical Analysis
02:25Technically, the UNTR management has been quite fluctuating throughout the past few days.
02:30However, it still remains above the level of 26,000 managers.
02:34Let's go straight to the first graph.
02:36We will try to see how the movement of UNTR shares throughout the past few days.
02:42At the opening of the first session this morning, UNTR was opened in the green zone at level 26,825.
02:51This position experienced a slight increase compared to the previous closing position at 26,725.
02:59It remained in the green zone for a short period of time.
03:02UNTR immediately returned to the red zone by touching the lowest level throughout today's trading at 26,525.
03:12It returned to the green zone.
03:14UNTR returned to the level of 26,700 managers.
03:19However, at the closing of the first session this afternoon, UNTR returned to the red zone at 26,675.
03:28At the opening of the second session, UNTR returned to the green zone at level 26,750.
03:36While today's position decreased by 0.47%.
03:40It still remains at the level of 26,000 managers.
03:43It was at the level of 26,600 managers.
03:47Let's go straight to the next graph.
03:49We will try to see how the movement of UNTR shares in the past few months.
03:55Overall, it tends to experience strength.
03:59Although throughout October, the strength is more limited and is leaving the highest level for the time being at 27,900 in the last six months.
04:14In the past trading, it was still moving at 23,000.
04:17In April and May, it tended to move above the level of 24,000.
04:22However, on June 14, it experienced quite a deep pressure.
04:26It touched the lowest intraday level at 21,225.
04:30July, August, and September, it turned out to be quite significant.
04:36It reached the level of 27,000.
04:40However, throughout October trading, the strength is more limited and more tense.
04:47In the last few days, it tried to rise again for UNTR shares.
04:53Let's move on from the valuation side to the next graph.
04:57We will try to look at some indicators.
05:00Usually, the increase and decrease of UNTR shares is still around 1x.
05:09The price-to-earning ratio is 5.22x.
05:12PSR is 0.77x.
05:15PBV is still 1.15x.
05:18PCFR is 2.61x.
05:20Fundamentally, the combination of technical and valuation can be a reference for you.
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