Recommendations For Shares Of Raffi Ahmad, Ari Lasso, And Kaesang End To Be 'Called' By IDX

Illustration. (Photo: Unsplash)

JAKARTA - The Indonesia Stock Exchange will summon Indonesian influencers, Raffi Ahmad, Ari Lasso to Kaesang Pangarep. The summons were made following uploads on the figure's public social media accounts, which recommended the shares of several issuers to be listed on the exchange.

Recently, influencers Raffi Ahmad and Ari Lasso jumped into the world of capital markets and championed the same stock, namely PT M Cash Integration Tbk. Through personal social media accounts, Raffi and Ari said they were trying to invest in the issuer.

From investing in the shares of the issuer coded MCAS, Raffi admitted that he could get big profits in a short time. However, he did not mention if the post was a paid post (endorse) from a certain party.

"The money I have put in for about 2-3 weeks has gone up by 20 to 30 percent. This is really crazy guys, I'm just sharing with all of you," said Raffi, quoted from his personal Instagram, Wednesday, January 6.

Meanwhile, Ari said that investing in stocks is one way to prepare for the future. According to him, everyone must have the awareness to invest, especially in this pandemic. Ari claims that the post is not a paid post.

"This (MCAS) in how many months the increase is very significant, this is not endorsement, nothing, just sharing in order to have awareness of investing in the right instrument," said the former vocalist of Dewa 19.

Kaesang Recommends PGAS and ANTM Shares

Earlier than Raffi Ahmad and Ari Lasso, the son of President Joko Widodo (Jokowi), namely Kaesang Pangarep, had already been 'busy' in cyberspace recommending his stake. Kaesang favored BUMN shares, namely holding the shares of PT Perusahaan Gas Negara Tbk (PGAS) and PT Aneka Tambang (Persero) Tbk (ANTM).

Kaesang believes that the share movement of Perusahaan Gas Negara (PGN) will be able to break the Rp2,100 level in 2021. The owner of the @sahamrakyat Instagram account also labels his recommendation as 'Sangmology'.

"If tomorrow $ 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.

Most recently, on January 4, PGAS immediately Auto Reject Below minus 7 percent at the pre-opening of the capital market opening. One Kaesang follower with an account named Faishal said it was okay for PGAS shares to turn red.

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"It's okay to get involved, the important thing is to accompany him @kaesangp uh, have you pulled it out yet," he wrote.

Kaesang responded to Faisal's upload. He explained that he still holds PGAS share ownership.

"I still hold. I'm not a day to day trader. I look at the long term because I believe the fundamentals are $ PGAS," said Kaesang.

In addition, the shares of state-owned company ANTM also shot up to 7.49 percent, on Monday, January 4. This figure has set the latest record since 2011. Until the end of the second session, ANTM's shares rose 13.18 percent or the equivalent of 255 points to 2,190 per share. Daily transactions of ANTM shares reached IDR 2.2 trillion.

The youngest child of President Joko Widodo (Jokowi), Kaesang Pangarep. (Photo: Instagram @kaesangp)

ANTM's share price was at the highest level of 2,200 and as low as 1,940 per share. Total share trading frequency was 104,366 times.

Through a Twitter account, a netizen questioned the ANTM shares owned by Kaesang. Without hesitation, he replied to the question.

"This morning I added my cargo at $ ANTM," wrote Kaesang, Monday, January 4.

IDX Summons Influencers Who Recommend Stocks

The actions of these influencers received a response from the Indonesia Stock Exchange (IDX). The influencer's invitation to buy shares raised concerns about insider trading.

Insider trading is a term when buyers of certain shares have obtained the facts and plans of the issuer in the future before it becomes public knowledge. This practice with the aim of obtaining extra profits is also a criminal act as regulated in the Capital Market Law.

Director of Trade and Assessment of IDX Members of the IDX, Laksono Widodo, said that his party would invite discussion of these influencers. Although he welcomed the initiative of Raffi to Kaesang to invite people to invest, he reminded us of the moral responsibility they have as an influencer.

The reason is, Laksono thinks there are legal consequences that could be faced if people who follow the suggestions of Raffi Ahmad, Ari Lasso and Kaesang Pangarep fall disappointed.

"However, we also need to remind them of their moral responsibility to their followers and the possibility of potential lawsuits from their followers if someone feels let down," he said, when contacted by VOI, in Jakarta, Tuesday, January 5.

Indonesia Stock Exchange Building. (Angga Nugraha / VOI)

Laksono said he would also invite potential investors to attend the Capital Market School as a provision for their education before entering the stock market.

"We also invite them to join the Capital Market School for those who have never attended," he said.

According to Laksono, this is a new phenomenon in which transactions by retail investors are rampant, supported by influencers through social media.

"Although there are rules regarding this, the approach that will be used is persuasion and education for influencers," he explained.

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