Shares of Indonesia's Richest Person Recover from Downturn, is this a Buying Opportunity or Still Bearish?
KONTAN.CO.ID - Jakarta. After experiencing a sharp decline since mid-January 2026, the share price of PT Petrosea Tbk (PTRO) has begun to show signs of recovery. This company, owned by Indonesia’s richest person, Prajogo Pangestu, is once again attracting market attention. The question is, is this the right time to buy?
On Wednesday (February 25, 2026), PTRO’s share price closed at IDR 6,775, up 125 points or 1.88% compared to the previous day.
Previously, on January 15, 2026, PTRO shares had reached IDR 12,900. However, after that, the price continued to fall, even reaching IDR 5,725 in early February 2026.
The recovery in PTRO’s share price coincides with news of the latest corporate action. The company acquired two port service companies, namely PT Vista Maritim Asia and PT Nusantara Arung Samudera.
Petrosea’s Corporate Secretary, Anto Broto, explained that the acquisition was carried out through indirect subsidiaries, namely PT Petrosindo Sinergi Alur and PT Petrosindo Sinergi Samudera.
The details are as follows:
PT Petrosindo Sinergi Alur acquired 60% of the shares of PT Vista Maritim Asia for IDR 550 million
PT Petrosindo Sinergi Samudera took over 55% of the shares of PT Nusantara Arung Samudera for IDR 550 million
“This share acquisition will strengthen operational synergy through the integration of the pit-to-port value chain to support PTRO’s business expansion,” the management said in a disclosure of information on Wednesday (February 25, 2026).
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Diversification and Logistics Efficiency Strategy
Senior Market Analyst at Mirae Asset Sekuritas, Nafan Aji Gusta, said that this step is strategic to strengthen the logistics chain and expand revenue sources.
According to him, this acquisition not only meets the internal needs of the group, but also opens up opportunities for logistics services for other companies. This strategy is considered in line with efforts to diversify non-coal businesses.
“This acquisition is carried out to meet the logistics and infrastructure needs for other companies and to encourage diversification into the port and special construction sectors,” he said.
This step is expected to reduce PTRO’s dependence on the volatility of coal prices. By having its own port assets, the company has the potential to reduce logistics costs and increase profit margins.
This operational efficiency is expected to drive revenue (top line) and net profit growth in the medium term.
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Still in a Bearish Consolidation Phase
Although it has started to rebound, technically PTRO is still in a bearish consolidation phase. Nafan advises investors to wait and see while monitoring price and transaction volume developments.
He projects that PTRO shares will move in the range of IDR 5,200 to IDR 8,275 in the near future.
With volatility still high, investors are advised to consider risk management before making investment decisions. Corporate action is indeed a positive catalyst, but the direction of the short-term trend still needs further confirmation.
In the future, the movement of PTRO shares will be greatly influenced by sentiment in the energy sector, commodity prices, and the realization of synergy from the acquisitions made.
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