The Jakarta Composite Index (IHSG) ended Friday\u2019s (14\/8) trading\nsession with a gain of 1.59% to 6,401.89.<\/p>\n
The index\u2019s rise was driven by several stocks that recorded\nsignificant movements, namely BYAN which rose 20.00%, MPRO which\nstrengthened 17.92%, and SRAJ which added 15.38%. On the other hand,\nseveral stocks were in the red. BREN fell 2.46%, TPIA corrected 2.43%,\nwhile BBCA weakened 0.39%.<\/p>\n
Despite the IHSG strengthening, foreign investors still recorded a\nnet sell of Rp396.50 billion in the regular market. Taking into account\nthe entire market, the foreign net sell value reached Rp1.03\ntrillion.<\/p>\n
From a sectoral perspective, all 11 stock sectors closed higher. The\nHealthcare sector recorded a gain of 3.09%, making it the sector with\nthe largest increase in Friday\u2019s trading.<\/p>\n
Meanwhile, the United States stock market moved lower. The Dow Jones\nfell 0.51% to 53,459, the S&P 500 corrected 0.52% to 7,745, and the\nNasdaq fell 0.32% to 26,644.<\/p>\n
Domestically, the government is targeting the regulation for the\nStrategic Mineral and Commodities Exchange to be completed by 17\nSeptember. The exchange is planned to begin operations on 1 January\n2027. The presence of this exchange is projected to support the\ncommodity price discovery process while increasing the bargaining power\nof domestic mining issuers.<\/p>\n
This sentiment was also followed by the strengthening of Indonesian\nassets in the global market. The EIDO ETF rose 0.96%, while MSCI\nIndonesia strengthened 0.21%.<\/p>\n
In terms of corporate actions, Siloam International Hospitals Tbk.\n(SILO) is preparing a corporate action in the form of acquiring 100% of\nthe shares in 14 companies that own hospital properties from its\nsubsidiary First Real Estate Investment Trust (First REIT).<\/p>\n
The transaction value is estimated to reach Rp6.91 trillion. This\namount is equivalent to 67.57% of SILO\u2019s total equity as of 31 March\n2026.<\/p>\n
The agreed value for the property assets was set at Rp9 trillion.\nAfter taking into account adjustments to net assets and liabilities as\nwell as capital expenditure commitments, there was an adjustment of\nminus Rp2.09 trillion.<\/p>\n
The transaction will be carried out in two stages. First, through a\nConditional Share Purchase Agreement (CSPA), followed by a Put Option\nAgreement (POA). Both agreements were signed on 1 April 2026.<\/p>\n
To finance the transaction, SILO will use bank loan facilities. Based\non the pro forma as of 31 March 2026, this transaction will add\nlong-term bank debt of Rp8.88 trillion and increase total liabilities by\nRp8.62 trillion.<\/p>\n
On the other hand, cash and cash equivalents are projected to fall by\napproximately Rp12.39 million to Rp1.19 trillion.<\/p>\n
Next, Sumi Indo Kabel Tbk. (IKBI) is targeting sales of USD266\nmillion in 2026. This target represents an increase of 15.65%\nyear-on-year compared to 2025 sales of USD230 million.<\/p>\n
The target is supported by the business prospects for electric cables\nand medium-voltage networks amid network expansion, renewable energy\nintegration, and infrastructure modernisation.<\/p>\n
However, as of the first half of 2026, IKBI has only recorded sales\nof USD75.43 million, or 28.36% of the full-year target. This means the\ncompany still needs to record sales of approximately USD190.57 million\nin the second half of 2026 to achieve the target.<\/p>\n
In terms of profitability, IKBI\u2019s revenue grew 18.11% year-on-year.\nHowever, cost of goods sold increased 21.40%, so gross profit was\npressured 20.88% to USD3.94 million.<\/p>\n
Technically, IKBI shares still have room to move towards the Rp530\narea after the stock closed below the 21-day EMA for three consecutive\ntrading days.<\/p>\n
Then there is also Batavia Prosperindo Internasional Tbk. (BPII)\nwhich has set an interim cash dividend for the 2026 financial year of\nRp3.54 per share. The total dividend to be distributed reaches Rp34.98\nbillion for the period ending 30 June 2026.<\/p>\n
The dividend reflects a dividend payout ratio of 81.68% of net profit\nattributable to owners of the parent entity in the first half of 2026 of\nRp42.83 billion.<\/p>\n
The dividend distribution decision was approved by the Board of\nDirectors and Board of Commissioners on 12 August 2026.<\/p>\n
In the first half of 2026, BPII recorded insurance service revenue of\nRp936.34 billion. Transportation service revenue reached Rp346 billion,\nwhile investment management and other service revenue amounted to\nRp219.23 billion.<\/p>\n
The company also recorded net financial income of Rp20.47 billion and\nother net income of Rp34.42 billion.<\/p>\n
In Friday\u2019s (14\/8) trading, BPII shares closed at Rp464 per share, up\n4.98% compared to the previous session. Based on that price, the interim\ndividend of Rp3.54 per share is equivalent to a dividend yield of\napproximately 0.76%.<\/p>\n
The cum date for the dividend in the regular and negotiation markets\nis set for 26 August 2026. Meanwhile, the dividend payment is scheduled\nfor 11 September 2026.<\/p>\n
Today\u2019s Stock Recommendations from Mega Capital Sekuritas<\/p>\n
PGEO - Buy 1080-1090 | TP 1110-1130 | SL 1030<\/p>\n
PACK - Buy 290-294 | TP 300-304 | SL 276<\/p>\n
INET - Buy 228-232 | TP 238-242 | SL 216<\/p>\n
DSNG - Buy 1325-1335 | TP 1350-1380 | SL 1260<\/p>\n
EXCL - Buy 2780-2800 | TP 2830-2890 | SL 2620<\/p>", "url": "https:\/\/jawawa.id\/newsitem\/todays-stock-recommendations-pgeo-pack-and-excl-1787021487", "image": "" }, "sponsor": "Okusi Associates", "sponsor_url": "https:\/\/okusiassociates.com" }