00:00The information of PT Bukit Asam Tbk, or PTBA, managed to book the sale of 42.9 million tons of coal throughout 2024,
00:15where this sale has set the highest record in history.
00:20Quoted from the official statement of the Secretary-General of PT Bukit Asam Tbk, or PTBA, Niko Chandra said,
00:32the total sale of PTBA coal reached 42.9 million tons, growing 16% annually in 2024.
00:40The sales record was supported by coal exports of 20.3 million tons, increasing 30% annually.
00:47As a comparison, the sales of PTBA coal in 2020 were 26.1 million tons, 28.4 million tons in 2021, growing to 31.7 million tons in 2022, and 37.0 million tons in 2023.
01:05There was also the realization of Domestic Market Obligation, or DMO, of 22.6 million tons, growing 6% year-on-year.
01:13PTBA coal sales were dominated by the domestic market at 53%.
01:19However, the proportion of exports increased by 47%.
01:24The potential of the main markets in Brazil was maximized by PTBA, especially exports to India, which increased 32% year-on-year to 6.4 million tons.
01:34Sales to Vietnam increased 250% to 3 million tons, exports to Malaysia jumped 221% to 888,700 tons.
01:46The increase in PTBA coal sales is also supported by the realization of production of 43.3 million tons and coal transportation of 38.2 million tons in 2024.
01:57The achievement of production and coal transportation is also the highest record.
02:00Meanwhile, in 2025, PTBA targets 50 million tons of coal production, 50.1 million tons of sales, and 43.2 million tons of transportation.
02:10Various sources, AIDEX Channel
02:17In a technical analysis, the movement of PTBA coal sales throughout today's trading
02:22experienced a strengthening along with the strengthening of the domestic market.
02:26However, in the last minutes after the closing of the second session today, the strengthening is more limited.
02:31Let's go straight to the first graph of PTBA coal sales movement throughout today's trading.
02:37It opened in the first session this morning at 2,680,920.
02:42The strengthening is more towards the limit at 2,677 until it touches the lowest intraday today at 2,670.
02:50Although the lowest position is at 2,670, PTBA is still in the green zone.
02:57Then at 12 o'clock in the first session this afternoon, it was closed at 2,610.
03:02It continued to strengthen and significantly strengthen when the second session opened until it touched 2,730.
03:10We will deliver an update of PTBA's movement after the opening.
03:15The strengthening is still continuing, the intraday today was at 2,750 and the current position is still in the green zone.
03:22The strengthening is limited at 1.12% at 2,700 rupiah per share.
03:27Next, we will try to see what the PTBA share movement has been like in the last six months.
03:32Let's go to the next graph.
03:34Trading at the beginning of September 2024, PTBA was traded at 2,820.
03:41Then at the end of September, it experienced significant strengthening to 3,140 and appeared to be the highest level in the last six months.
03:52After reaching this level in October, November, December until December 19, PTBA shares experienced a fairly deep correction until January and February 2580.
04:04It tried to rise and was already at or moving at the level of 2,700.
04:11Although PTBA's position is still in deep pressure after reaching the level of 3,140.
04:20Let's move on to the next graph.
04:21We will try to see the valuation of PTBA shares, where Samsam Petambangan Batubara has a valuation that is considered quite cheap.
04:32The indicator position of the price-earning ratio is 7.17x, the PSR is 0.76x, the PVV is around 1.53x, and the PCFR is 5.28x.
04:44A combination of fundamental, technical, and valuation.
04:48Hopefully this can be a reference for you.
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