SMALL CAP STOCKS INFO

INVESTMENT INFORMATION – RESEARCH CENTER

Wednesday, 17th May 2023

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ESTA Rp 108 (+16.12%) : Rencana bangun convention center
Sector IDX Cyclicals (-0.94%)
Market cap IDR 241.84 B
Didirikan pada 30 September 2011, PT. Esta Multi Usaha Tbk Volume 120.24 M (+893%)
(ESTA) merupakan perusahaan yang bergerak dalam bidang
Support IDR 100
properti.
Resistance IDR 121
Pada tahun ini, ESTA berencana mengembangkan kembali bisnis
perhotelan dengan membangun convention center pada land bank Stop loss IDR 96
milik perseroan di Gorontalo. Convention center tersebut akan
diproyeksikan sebagai pusat konvensi dan pameran terbesar di Net Buyers (value) Net Sellers (value)
tanah air. Selain itu, perseroan juga akan pembangunan office CC (IDR 478.4 mn) FZ (IDR 409.9 mn)
tower dan hotel (ESTA Tower) di area Bumi Serpong Damai (BSD), YP (IDR 466.2 mn) RO (IDR 360.2 mn)
Tangerang, demi menambah nilai proyek yang dimiliki perseroan.
ZP (IDR 404.2 mn) BQ (IDR 351.3 mn)
Adapun ESTA tetap optimis bahwa tahun ini bisa mencetak kinerja
yang lebih baik lagi. Dengan telah dicabutnya PPKM, ESTA melihat
prospek baik dari bisnis perhotelan untuk tahun 2023 ini. Dengan Income Q1/2023 Growth
demikian, maka ESTA optimis dapat memperbaiki kinerja. Statement (YoY)

Pada perdagangan Senin, 16 Mei 2023, ESTA ditutup pada level Revenue IDR 10.5 bn +266%
harga Rp 108 (+16,12%) dengan kenaikan volume secara Net Income IDR -966.5 mn -70.7%
signifikan sebesar 893% dibandingkan sebelumnya.

1 | Small Cap Stocks Info | 17/5/2023 Mirae Asset Sekuritas Indonesia

HRTA Rp 378 (+5.58%) : Bidik penjualan 2023 Rp 9.5-10 T
Sector IDX Cyclicals (-0.94%)
Market cap IDR 1.74 B
Didirikan pada 1989, PT. Hartadinata Abadi Tbk (HRTA) merupakan Volume 78.70 M (+279%)
perusahaan yang bergerak di bidang manufaktur dan perdagangan
Support IDR 366
perhiasan emas.
Resistance IDR 402
HRTA membidik angka penjualan sekitar Rp 9,5 triliun hingga Rp
10 triliun di sepanjang 2023. Untuk itu, HRTA HRTA melakukan Stop loss IDR 360
sejumlah aksi korporasi, termasuk merambah pasar ekspor ke
India dengan bekerja sama dengan Kundan Care Product Net Buyers (value) Net Sellers (value)
LTD. Dengan kerja sama ini, HRTA menargetkan bisa AK (IDR 5.41 bn) LG (IDR 3.92 bn)
meningkatkan kinerja ekspor emas sebesar 400 kilogram–500 AZ (IDR 3.30 bn) DX (IDR 1.99 bn)
kilogram emas per bulan. Dengan demikian, maka nilai komersial
OD (IDR 2.36 bn) EP (IDR 1.93 bn)
atas transaksi ekspor perhiasan emas diharapkan bisa
berkontribusi USD 25 juta hingga USD 31 juta per bulan terhadap
pendapatan konsolidasi HRTA. Di sisi lain, HRTA juga masih bisa Income Q1/2023 Growth
meyakinkan investor bahwa target 2023 bisa tercapai, meskipun Statement (YoY)
harga emas bergejolak. Adapun average selling price emas HRTA Revenue IDR 2.1 tn +50%
tumbuh 10,7% YoY menjadi Rp 970.295 per gram di Q1-2023 dari Net Income IDR 69.8 bn +37.7%
sebelumnya sebesar Rp 876.675 per gram di Q1-2022.
Pada perdagangan Senin, 16 Mei 2023, HRTA ditutup pada level
harga Rp 378 (+5.58%) dengan kenaikan volume secara signifikan
sebesar 279% dibandingkan sebelumnya.

2 | Small Cap Stocks Info | 17/5/2023 Mirae Asset Sekuritas Indonesia

PADA Rp 111 (+5.71%) : Siapkan investasi infrastruktur
Sector IDX Industrials (-0.17%)
Market cap IDR 349.65 B
Didirikan pada 21 April 2006, PT. Personel Alih Daya Tbk (PADA) Volume 157.62 M (+1283%)
merupakan perusahaan yang bergerak dalam bidang penyedia jasa
Support IDR 105
teknikal dan pemeliharaan peralatan telekomunikasi, jasa call
center, jasa layanan perkantoran, jasa keamanan dan jasa sumber Resistance IDR 124
daya manusia. Stop loss IDR 103
PADA telah menyiapkan anggaran belanja modal yang cukup besar
untuk tahun 2023 guna memperkuat lini bisnis usaha ke depan. Net Buyers (value) Net Sellers (value)
Namun sayangnya, PADA tidak menyebut secara pasti nilai CP (IDR 3.19 bn) MG (IDR 4.49 bn)
anggaran yang telah disediakan. Anggaran tersebut akan AK (IDR 633.8 mn) XL (IDR 115.7 mn)
digunakan untuk investasi infrastruktur, yakni berupa alat bantu
KK (IDR 403.5 mn) MK (IDR 48.4 mn)
technical services, pembaruan dan pengembangan IT. Selain itu,
anggaran belanja modal tersebut juga disiapkan untuk pemenuhan
infrastruktur call center dan modernisasi alat pendukung bisnis Income Q1/2023 Growth
pelatihan. Dengan penguatan infrastruktur lini bisnis usaha, serta Statement (YoY)
memiliki keunggulan layanan terintegrasi, PADA diharapkan akan Revenue IDR 198.46 bn +22.08%
selalu adaptif dalam menggarap potensi pasar dan perluasan Net Income IDR 892.1 mn +5.2%
operational layanan
Pada perdagangan Senin, 16 Mei 2023, PADA ditutup pada level
harga Rp 111 (+5,71%) dengan kenaikan volume secara signifikan
sebesar 1283% dibandingkan sebelumnya.

3 | Small Cap Stocks Info | 17/5/2023 Mirae Asset Sekuritas Indonesia

Disclaimer
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4 | Small Cap Stocks Info | 17/5/2023 Mirae Asset Sekuritas Indonesia