Yusuf Mansur's Advice For Welcoming The New Year: Those Who Have Hold Waskita, God Willing, Will Last In 2021

Ustaz Yusuf Mansur. (Photo: Instagram @yusufmansurnew)

JAKARTA - The famous preacher who has recently been used as a reference by capital market investors, Ustaz Yusuf Mansur, has championed the shares of PT Waskita Karya (Persero) Tbk as the leading portfolio in 2021. The shares of the construction BUMN in the last three months have indeed scored a fantastic increase.

In an upload on Instagram social media, Yusuf Mansur said Waskita Karya's shares were worth buying or maintaining. The reason is, Waskita Karya has a role in the lives of many people.

And again, the 'Mansurmology' advocate emphasized that investing in Waskita Karya shares is not solely for chasing money. According to him, buying WSKT shares was for the sake of 'owning' the state-owned company.

"Those who already hold Waskita, hold them. Asli, God willing, it will last in 2021. Aaamin. Also other BUMNs. Just hold on to them. Become an owner. Bismillaah. Not taking profit," he wrote on Instagram, quoted on Thursday, December 3.

From RTI's data, WSKT's shares have increased by around 180 percent since three months ago. In the past year, WSKT shares have also increased by around 16 percent.

It is estimated that Waskita Karya and other BUMN works next year will receive positive sentiment from the massive infrastructure development that has returned. Next year, the government allocates a budget for infrastructure development of Rp.417.8 trillion.

Next year's infrastructure development policy is aimed at strengthening digital infrastructure and encouraging logistical efficiency and connectivity. In addition, in 2021 the Nusantara Investment Authority, a state-formed sovereign wealth fund (SWF), will already operate.

The establishment of the SWF is predicted to provide benefits for BUMN Karya because it has the potential to become new funding for infrastructure projects. Waskita Karya specifically admits that it has conducted an exploration with the Nusantara Investment Authority regarding the divestment of toll road concession assets.

Photo: RTI

For the record, Waskita Karya's shares are flying too high. As a result, at the close of trading in 2020 on December 30, WSKT shares fell 3.03 percent to the level of Rp1,440 per share.