Kimia Farma And PGN Shares Are Loyo, Kaesang: On Adding Load, Hold First

JAKARTA - The son of President Joko Widodo (Jokowi), Kaesang Pangarep, through his slogan Sangmology, continues to talk about the world of capital markets in the country. Later, Jokowi's youngest son discussed two shares of state-owned companies, PT Kimia Farma Tbk and PT Perusahaan Gas Negara Tbk (PGN).

Although the share price in the past few days was in a strengthening trend, today Thursday, December 17, the shares of the listed companies with the title KAEF and PGAS closed lower at the end of trading.

Kaesang also tweeted a message on his personal Twitter account @kaesangp. The tweet was allegedly a comment about the weakening of KAEF and PGAS shares.

"Looks down but on the added load. Hold on first," wrote Kaesang.

Looks down but on the added charge. Hold on first

- Kaesang Pangarep (@kaesangp) December 17, 2020

Kimia Farma's shares closed down 1.35 percent at IDR 4,380 per share. At the close of the previous day, KAEF's shares were at the level of Rp4,440.

Meanwhile, PGN shares also ended sluggish in today's trading. PGAS shares ended down 1.10 percent to as low as Rp1,790 per share.

Previously, Kaesang Pangarep championed the shares of PT Perusahaan Gas Negara Tbk (PGAS) amid the momentum of the JCI to increase to the level of 6,000. The recommendation with the nickname 'Sangmology' is ready to collide with the consensus of the analysts.

"Weleh Weleh," he tweeted as he uploaded a picture of the JCI movement until the end of the first session, Monday, December 14th.

Not only commenting on the JCI movement, the owner of Sang Pisang also answered a tweet from one of the netizens regarding shares that can be bought when the index is perched at 6,000.

Kaesang believes that the movement of the shares of Perusahaan Gas Negara (PGN) will be able to break the Rp2,100 level next year. The owner of the @sahamrakyat Instagram account also labels his recommendations as 'Sangmology'.

"If PGAS can reach 1,750, I think the journey to 2,100 will be smooth. How about @sahamrakyat? #SangMology," he wrote via his Twitter account, Monday, December 14 evening.

Yesterday, Tuesday 16 December, Kaesang talked about the shares of PT Kimia Farma Tbk, a state-owned company entrusted by the government to manage vaccine distribution in the country. Yesterday, the BUMN Pharmacy shares closed significantly higher 2.54 percent to the level of Rp4,440 per share.

"Some fly but not planes," tweeted the owner of the Sang Pisang culinary business.