00:00Indonesia's Unilever Group, or UNVR, officially devestates ice cream business to PT Demagnum Ice Cream Indonesia.
00:17The sale of business ice cream line is done in line with the plan announced by Unilever Group to separate global ice cream business.
00:26According to Bursafek Indonesia, PT Unilever Indonesia TBK and Magnum Ice Cream has signed a devestation agreement on 22 November 2024.
00:41Unilever will sell business ice cream segment worth 7 trillion rupiah.
00:46The asset value is 2.55 trillion rupiah, and the clean book is 1.99 trillion rupiah per 30 September,
00:54and the value of the last supply in September 2024 is 172.79 billion rupiah.
01:01The independent business valuation has been done by the public valuation service office of Suendo Rinaldi and Rekan, with a market value of 6.57 trillion rupiah.
01:11The transaction value is 204% of the equity value per share worth 3.43 trillion rupiah based on the share price report on 30 September.
01:21PT Unilever Indonesia TBK Secretary-General, Patwistiana Kristianti said,
01:26Magnum Ice Cream Indonesia has an affiliation with Unilever on the date of signing the business devestation agreement.
01:33However, at the time of implementation and completion of the transaction, Magnum no longer has an affiliation with Perserwan.
01:39This sale is in line with Unilever's plan to separate the global ice cream business,
01:44so that Unilever can realize the value of investment in the ice cream business in Indonesia as an IDX channel source.
01:57In the middle of the corporate action that was done technically, Unilever shares today also experienced quite a deep correction,
02:04in line with the weakening of the share price.
02:07Even in a few minutes after the end of the second session today, Unilever shares' pressure is getting deeper and has weakened above 1%.
02:16Let's just go straight to the first graphic, we will try to see how the intraday movement of Unilever shares.
02:23You can watch the graphics on your television screen.
02:26In the first session this morning, Unilever shares were traded at the level of IDR 1,920 per share.
02:34A few minutes after the opening, Unilever immediately experienced significant strength,
02:40up to IDR 1,935, the highest intraday appearance throughout today's trading.
02:46It seems that this level is not able to be maintained. Unilever shares are heading towards the red zone,
02:53by touching IDR 1,895.
02:55At IDR 1,130, Unilever shares returned to the green zone and were traded again at the level of IDR 1,900,
03:03precisely at IDR 1,915 and at IDR 1,910, the closing of the first session this afternoon, and at the same level at the opening of the second session.
03:12The position today, I will say that Unilever's pressure is getting deeper, it has weakened at 1.83% and is moving at the level of IDR 1,880,
03:22and coincidentally this is the lowest intraday level throughout today's trading.
03:27Let's go to the next graphic, we will try to see the technical movement of Unilever shares in the last six months.
03:34In the last six months, there has been a deep pressure for Unilever, even in the last few trading sessions, Unilever has reached its lowest level.
03:44In the 28th May trading session, Unilever shares were still traded at IDR 3,300,
03:50we mean June, July, August, September, October, until the 21st of November,
03:56there was a great pressure for Unilever, even reaching its lowest intraday level.
04:02And in the November trading session, it was still moving below IDR 2,000,
04:07at the opening of the second session at IDR 1,910, the current position, the pressure is back at IDR 1,880 per share.
04:16Now, what about the valuation of Unilever, with some indicators?
04:20Let's move to the next graphic, we will try to see some indicators.
04:25First, the position of the price-to-earning ratio for Unilever is around 18.16x,
04:32the PSR is 1.99x, the PVV is 21.21x, and the PCFR is around 19.28x.
04:41Yes, a combination of fundamental, technical, and also from the valuation side,
04:46and hopefully it can be one of the references for you.
04:55Thank you for watching!
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