Financial Analysis Center

Green Flags

• Within 6 months timeframe: total Bought value compared to average transaction value is 70.3x --> heavy shareholder buying
• There were 2 names of substantial holders buying
• Top 2 buyers were: ['PT. Bakrie Global Ventura', 'Surya Ganesa Amani, Pt']
• Total bought value in the last 6 months: IDR 131.4 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 31.7x --> heavy shareholder selling, beware of stock overhang!
• There were 2 names of substantial holders selling
• Top 2 sellers were: ['Banque Pictet And Cie Sa', 'Standard Chartered Bank Sg S/A Ol Master Limited']
• Total sold value in the last 6 months: IDR -59.3 billion
• There were: 2x monthly occurence of increase in public holding --> selling activity
• Net public holding change within the past 6 months: +9.13%
• In the last 6 months: out of 150,319 million shares sold: 475 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 46.7 B is sufficient to cover current Interest Exp -7.0 B

Red Flags

• Multiple quarters of (-) Net Income
• Total EBITDA -106.4 B insufficient to cover Total Interest Exp -231.6 B in the last 8 quarters
• Negative Turnaround detected: 6 months Net Profit last year become Net Loss this year which fell -101.0%

Green Flags

• Current Ratio: 1.1x with an avg of 0.5x over 8 quarters

Red Flags

• Increasing DER for 4 consecutive quarters

Green Flags

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

Red Flags