Some time ago I
heard a picturesque story. On 15 October 2017, in Bantul city, Yogyakarta, there
was a wedding with unusual dowry, which is not gold or alike, but stocks, ie 50,000
shares of Sido Muncul (SIDO) at a price of Rp555 per share (so the total is
Rp27,700,000, or about US$ 1,910). This is interesting, because the groom was a
stock market investor that started to know stocks since 2013, so he really meant
it when he delivered the stocks as the dowry. The question is why SIDO
that is choosen as the dowry, and not the other stocks?
Bumi Citra Permai
The name of Bumi Citra Permai (BCIP) most probably
doesn’t ring a bell, but the company just released its first half financial statements,
which at a glance shows impressive results. The net profit increased more than
twice, the annualized ROE 25.5%, and the PBV was just 0.5 times at the price of
Rp125 per share. Is it a jackpot opportunity?
Invisible Correction of the Stock Market
Until Tuesday, 12
September 2017, foreign or international investors kept selling their stocks in
Indonesia stock market so much, that their net buys position from the beginning
of the year, which almost reached Rp20 trillion in the last April, today it has
been minus aka turned net sells, precisely at minus Rp7 trillion. I also received
many questions, why foreign investors keep selling? However, the most important
thing here is not the reason why they’re getting out, but what are the effects
of these conditions to the market. And what is the best investment strategy to
counter these issues?
When You Realized That You Bought Wrong Stocks
In last
week article about Warren Buffett, I expressed at least three reasons why
I, personally, make him as a role model. They are: 1. I don’t have enough time
to read more about any other great investors, 2. Not only teaching about stock
investing, Buffett also teaches how to be ‘a good man’, for example he does not
take advantage from the loss of others. 3. Buffett is one of few investors who
is always happy and relaxed in doing his job at Berkshire, and that makes him a
pleasant person.
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