PT Blue Bird Tbk (BIRD) has reaffirmed its commitment to maintaining\nconsistent business growth amid capital market dynamics and potential\nglobal economic uncertainties. Director Adrianto Djokosoetono stated\nthat performance consistency is key to maintaining investor confidence\nas a publicly listed company.<\/p>\n
Adrianto explained that Blue Bird has met the public share ownership\nrequirements (free float) established by the Indonesia Stock Exchange.\nThe company\u2019s public share portion currently stands at approximately\n24.94 per cent, which is deemed sufficient to maintain trading liquidity\nin the market.<\/p>\n
\u201cWe have met the free float requirement for some time now, currently\naround 24.94 per cent. Our management focus is on maintaining consistent\ngrowth,\u201d Adrianto said at the Blue Bird 2026 Media Editor Iftar\nGathering in Jakarta on Monday, 9 March 2026.<\/p>\n
For investors focused on company fundamentals, the dividend yield of\nBlue Bird shares is considered sufficiently attractive. However, he\nemphasised that management is not solely pursuing short-term\nperformance, but rather striving to ensure stable and sustainable\ngrowth.<\/p>\n
Blue Bird is also monitoring global geopolitical dynamics, including\nconflicts in the Middle East that could disrupt energy and automotive\ncomponent logistics routes. According to Adrianto, the company is\nexercising caution regarding potential impacts, particularly concerning\nfleet availability and operational costs.<\/p>\n
\u201cThe next two months could be a quite critical period. Disruptions to\nlogistics routes could result in longer delivery times and increased\ncosts,\u201d he said.<\/p>\n
Regarding electric vehicle adoption, Blue Bird believes EV\ninvestments must be assessed comprehensively through the full ownership\ncycle, not just immediate operational metrics. According to Adrianto,\ncalculations must account not only for operational costs but also\npurchase price and residual vehicle value.<\/p>\n
\u201cWe must always view the complete ownership cycle\u2014from purchase,\nthrough operation, to resale value. Electric vehicles are often\nconsidered cheaper, yet their initial prices are higher, and operating\ncosts are not necessarily lower due to battery replacement and higher\ntyre costs,\u201d Adrianto said.<\/p>\n
He added that the resale value of electric vehicles currently tends\nto depreciate sharply. Consequently, Blue Bird is implementing a gradual\ntransition strategy, maintaining electric vehicles at approximately 3\u20134\nper cent of its total fleet. This approach is intended to preserve\ncompany profitability whilst maintaining investor confidence.<\/p>\n
Currently, Blue Bird\u2019s EV fleet remains in the tariff adjustment\nphase to reach its break-even point. \u201cWe are currently adjusting EV unit\ntariffs to pursue break-even. Even with vehicles like the BYD E6,\noverall costs are not fully covered,\u201d Adrianto said.<\/p>\n
According to him, petrol or internal combustion engine (ICE) vehicles\nmaintain relatively stable resale values, whereas electric vehicles risk\ngreater depreciation after several years of use.<\/p>", "url": "https:\/\/jawawa.id\/newsitem\/blue-bird-strengthens-fundamentals-amid-capital-market-dynamics-1773129323", "image": "" }, "sponsor": "Okusi Associates", "sponsor_url": "https:\/\/okusiassociates.com" }