Financial Analysis Center

Green Flags

• There were 2 names of substantial holders buying
• Top 2 buyers were: ['Wong Kevin', 'PT. Geo Link Indonesia']
• Total bought value in the last 6 months: IDR 14.9 billion
• Foreign holders had been net buying 1 months out of the last 6 months time period

Red Flags

• Within 6 months timeframe: total Sold value compared to average transaction value is 2.6x --> shareholder selling detected, if continues then potential for stock overhang
• There were 8 names of substantial holders selling
• Top 3 sellers were: ['PT. Delta Royal Sejahtera', 'PT. Majukarya Mandiri Indonesia', 'PT. Danatama Kapital Investama']
• Total sold value in the last 6 months: IDR -496.5 billion
• There were: 3x monthly occurence of increase in public holding --> selling activity
• Net public holding change within the past 6 months: +14.77%
• In the last 6 months: out of 208,520 million shares sold: 861 million shares came from Foreign holders
• Foreign holders had been net selling 5 months out of the last 6 months time period

Green Flags

• Current EBITDA 354.4 B is sufficient to cover current Interest Exp -35.9 B
• Total EBITDA 1,788.7 B is sufficient to cover Total Interest Exp -418.5 B in the last 8 quarters
• 6 months Net Profit growing 279.0% compared to last year

Red Flags

Green Flags

Red Flags

• Annual avg shares o/s increase: inf%
• Current Ratio < 1x --> weak balance sheet
• In the last 4 quarters: 2 occurence of Receivables growing 2.7x of Sales growth

Green Flags

• Net Profit : Operating CF ratio > 0 --> positive Net Profit and positive Operating CF

Red Flags