Financial Analysis Center

Green Flags

• Within 6 months timeframe: total Bought value compared to average transaction value is 15.2x --> heavy shareholder buying
• There were 2 names of substantial holders buying
• Top 2 buyers were: ['PT. Esta Dana Ventura', 'Jpmcb Na Re-Jpmcb Singapore Branch']
• Total bought value in the last 6 months: IDR 21.8 billion
• Foreign holders had been net buying 4 months out of the last 6 months time period

Red Flags

• Within 6 months timeframe: total Sold value compared to average transaction value is 52.3x --> heavy shareholder selling, beware of stock overhang!
• There were 3 names of substantial holders selling
• Top 3 sellers were: ['Yeti Sopandi', 'PT. Esta Utama Corpora', 'PT. Bartley Sejahtera Investama']
• Total sold value in the last 6 months: IDR -74.8 billion
• There were: 1x monthly occurence of increase in public holding --> selling activity
• Net public holding change within the past 6 months: +0.76%
• In the last 6 months: out of 1,843 million shares sold: 10 million shares came from Foreign holders
• Foreign holders had been net selling 2 months out of the last 6 months time period

Green Flags

• Current EBITDA 4.7 B is sufficient to cover current Interest Exp -2.7 B
• Total EBITDA 36.9 B is sufficient to cover Total Interest Exp -18.6 B in the last 8 quarters

Red Flags

• Multiple quarters of (-) Net Income
• 6 months Net Loss increasing 1,230.0% compared to last year

Green Flags

Red Flags

• Annual avg shares o/s increase: 5.3%
• Current Ratio < 1x --> weak balance sheet
• In the last 4 quarters: 4 occurence of Receivables growing 7.7x of Sales growth

Green Flags

Red Flags

• Negative Net Profit and Operating CF