Got These Stocks? One Week’s Cash Can Buy Tickets to Tokyo

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Jakarta, CNBC Indonesia – The Jakarta Composite Index (IHSG) has been very volatile this week. In the last trade of the week, Friday (31/3/2023), JCI closed at 6805.28. JCI weakened 0.05%.

Despite weakening in the last trade, as a whole, the JCI still edged up 0.64%. A number of stocks were able to show brilliant performance this week.

This week’s winner is PT Saptausaha Gemilangindah (SAGE) which flies 80.26% a week. PT Hatten Bali (WIN) became the runner up with an increase of 75.16%.

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In the top five there is also PT MD Pictures or FILM which jumped 56.92%. The company owned by Manoj Punjabi is currently intensively releasing the latest films and series.

One of which is Check out the Series which aired last weekend. MD will also be releasing their latest film Sewu Dino at the moment of Eid.

The film is the origin or prequel film KKN in the Dancer Village.

Unlike SAGE and others, many stocks have fallen this week. The most miserable stock was PT Makmur Berkah Amanda (AMAN), which fell 30.09%.
The second position is PT Indosterling Technomedia, namely TECH which has sunk 28.47%.


The magnitude of the increase in SAGE will greatly benefit buyers who just entered on Friday, last week (24/3/2023). During that period SAGE shares were in the position of Rp. 152 per share.

If the buyer bought up 10 million SAGE shares on Friday last week, then he could get 65,789 SAGE shares.

If multiplied by the SAGE price at the close of this week, Friday (31/3/2023) or five days after he bought it, the profit can be 80.26% because the price is in the position of Rp. 274 per share.

The current share price is IDR 274 multiplied by 65,789 shares, so the value is IDR 18,026,186 or IDR 18.03 million.

This means that a capital of IDR 10 million in five trading days has earned a profit of IDR 8.03 million.

That kind of money can be used for savings or capital for traveling abroad.

One of the countries that is currently being visited by many is Japan because of the middle of the cherry blossom season.

Referring to tiket.com, the official website of Garuda Indonesia, AirAsia, or Traveloka, a number of airlines offer tickets to Tokyo Japan at prices around IDR 8 million.

Garuda Indonesia tickets to Tokyo on April 4 2023 sell for around IDR 8 million, Malaysia Airlines around IDR 7.8 million while Air Asia is around IDR 6 million.

CNBC INDONESIA RESEARCH

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