4 Favorite Shares Of Respondent 2023, Ada BREN, CUAN To AMMN

Illustration. (Photo: Doc. Antara)

JAKARTA - There are as many as 79 companies that have released shares or initial public offering (IPO) on the Indonesia Stock Exchange (IDX) throughout 2023. Of the total IPOs last year, there were 35 companies whose share prices had increased, while 46 issuers experienced a decline in share prices.

Of the 35 issuers whose shares increased, there were 4 issuers who became favorites of 2023 respondents. This was based on a survey of Instagram followers' opinions from the @ngertisaham account which was attended by 1,177 retail investors.

Reporting from the @ngertisaham account, Thursday, May 2, informing the 4 shares of issuers who became favorites of respondents (investors) in 2023. They are PT Barito Renewables Energy Tbk (BREN), PT Petrindo Jaya Kreasi Tbk (CUAN), PT Amman Mineral Internasional Tbk (AMMN), and PT Pertamina Geothermal Energy Tbk (PGEO).

Of the four stocks, many respondents have taken profits. In BREN's shares, 37.9 percent of respondents have taken profits. A total of 23.3 percent of respondents have taken profits in CUAN shares. Meanwhile, in AMMN's shares, 20.6 percent of respondents have already taken profits. Meanwhile, in PGEO's shares, 15.8 percent of respondents have taken profit.

Regarding the profit that has been taken, namely in the form of capital gains of 67.9 percent, dividends of 19.8 percent, and 26.7 percent have not taken capital gains. The benefits that have been obtained by respondents are:

1. As many as 4.8 percent of respondents made more than IDR 10 million. 2. As many as 12 percent of respondents made a profit of IDR 5 million to IDR 10 million.3. As many as 69.2 percent of respondents made a profit of less than IDR 5 million.4. As many as 14 percent of respondents who have not made a profit.

The level of satisfaction of respondents with the shares they bought was 40.7 percent satisfied, 30.4 percent quite satisfied, 22.1 percent very satisfied, 4.9 percent dissatisfied, and 1.9 percent very dissatisfied.

There are at least a number of things that made respondents buy shares, namely 53.6 percent of respondents felt that the industry's prospects were bright, 26.1 percent of respondents felt the company was aggressively acquiring and expanding, and 14 percent of respondents felt management was participating in buying company shares.

Mirae Asset Sekuritas' Senior Investment Information, Nafan Aji Gusta stated, the high increase in the four shares of BREN, CUAN, AMMN, and PGEO was due to the bullish (strong) trend.

The trend of increase, he said, was due to an increase in inflow which eventually created demand from the shares. In the end, investors have full confidence in the shares.

"With this, it creates an increase in stock prices. And indeed, the inflow also comes from investors who carry out accumulated actions that may exist," he said in his statement.

He said the actions carried out by investors (institutional and retail) of the four stocks were a belief.

"All of these stocks are also committed to good corporate governance (GCG) which makes investors more confident and finally interested in entering the four shares at the time of the IPO," he said.

"In addition, investors note that the four stocks still have prospects. The four issuers are also sustainable companies in the midst of uncertain worlds. So indeed the performance of the shares is still progressive," he concluded.