Financial Analysis Center

Green Flags

• 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 3.5x --> heavy shareholder selling, beware of stock overhang!
• There were 3 names of substantial holders selling
• Top 3 sellers were: ['Agus Soegiarto', 'PT. Prasidha', 'Igianto Joe']
• Total sold value in the last 6 months: IDR -6.4 billion
• There were: 2x monthly occurence of increase in public holding --> selling activity
• Net public holding change within the past 6 months: +9.15%
• In the last 6 months: out of 13,176 million shares sold: 9 million shares came from Foreign holders
• Foreign holders had been net selling 2 months out of the last 6 months time period

Green Flags

• Positive Turnaround potential: 6 months Net Loss last year become Net Profit this year with a growth of 544.0%

Red Flags

• Multiple quarters of (-) Net Income
• Current EBITDA -6.7 B insufficient to cover current Interest Exp 0.0 B
• Total EBITDA -42.2 B insufficient to cover Total Interest Exp -0.0 B in the last 8 quarters

Green Flags

Red Flags

• Current Ratio < 1x --> weak balance sheet

Green Flags

Red Flags

• Negative Operating CF with positive Net Profit --> bad earnings quality