Bahas Laporan Keuangan Q2 2024 BBCA, ARNA, ELIT, Dan ESSA Yuk!! - Gimana Kinerjanya Tuh??

Summary

The speaker discusses the Q2 financial performance of four Indonesian companies: BCA, Arna, Elite, and Esa. BCA shows a record profit with a potential dividend yield of 3%, while Arna faces growth challenges with a 5.3% expected dividend yield. Elite, a newcomer in the tech sector, offers an impressive 8.4% potential dividend yield. Esa, in the oil industry, has a questionable dividend policy with a mere 0.6% yield, suggesting overvaluation. The speaker emphasizes the importance of evaluating a company's financial health and dividend history before investment.

Takeaways

• 📅 The date mentioned in the script is Thursday, July 25, 2024.
• 📉 The IHSG (Indonesia Stock Exchange Composite Index) dropped the day before the script was recorded.
• 🏦 BBCA (Bank Central Asia) reported its highest net profit in Q2 for the year, increasing by 11% compared to the previous year.
• 💹 BBCA's stock is considered a good investment with a potential dividend yield of around 3% and a price-to-book value that is quite high.
• 🏢 For investors holding BRI (Bank Rakyat Indonesia), Mandiri, and BNI (Bank Negara Indonesia), BBCA's growth is seen as positive news.
• 🔝 The potential for BBCA's stock to rise is discussed, but the speaker also notes that the stock's price has already reached high levels due to investor enthusiasm.
• 🚀 ARNA (Astra International) has a solid dividend history, having paid dividends consistently since its IPO except for one year, and is discussed as a potentially good investment.
• 🌐 ARNA faces competition from Chinese ceramic products, which are sold at lower prices due to government stimulus in China's export sector.
• 💼 ELIT (Elisa) is highlighted as a growing company in the IT and data center sector with a potential dividend yield of 8.4% if it continues its current performance.
• 🛢️ ESA (Pertamina) is in the oil and gas sector and has seen a significant drop in performance compared to two years prior, with a potential EPS of 39 and a dividend payout ratio that seems random.
• 📈 The speaker advises caution when investing in ESA due to its fluctuating performance and dividend history, suggesting it might be overvalued.

Q & A

What was the main topic discussed in the video script?

The main topic discussed was the financial performance and dividend potential of several Indonesian companies, specifically focusing on BBCA, Arna, Elite, and ESA.

What was the reported Q2 performance of BBCA?

BCBA reported a record high net profit in Q2, with an increase of 11% compared to the previous year.

What is the potential dividend yield for BBCA if they distribute 70% of their profits?

If BBCA distributes 70% of their profits, the potential dividend yield could reach approximately 3% based on the current stock price.

What is the reputation of Arna's dividend distribution history?

Arna has a solid dividend distribution history, having paid dividends consistently since its IPO except for one year in 2007.

How does the speaker evaluate Arna's performance in comparison to the Chinese ceramic industry?

The speaker suggests that Arna might be facing competition from cheap Chinese ceramics, but it's not specified how Arna is coping with this competition.

What was the growth percentage of Elite in the discussed period?

Elite showed a growth of almost 90% in the discussed period.

What is the potential dividend yield for Elite if they distribute 62% of their profits?

If Elite distributes 62% of their profits and achieves an EPS of 14, the potential dividend yield could be around 9.5%.

What is the speaker's opinion on investing in companies with a history of irregular dividend payments?

The speaker advises caution when investing in companies with an irregular dividend payment history, suggesting it's a risk minimization strategy.

How does the speaker describe the financial performance of ESA in the past year?

The speaker describes ESA's financial performance as having a significant drop compared to the previous year, with a net profit that is considered poor.

What is the speaker's view on the current price of ESA's stock?

The speaker views the current price of ESA's stock as overvalued, considering the company's recent performance and dividend distribution.

What advice does the speaker give regarding the investment in the discussed companies?

The speaker advises investors to consider the companies' financial health, dividend history, and potential growth before investing, suggesting a preference for companies with a more attractive dividend yield and growth potential.