| No | Saham | Perusahaan | Harga | Kenaikan |
|---|---|---|---|---|
| 1 | PT. Sat Nusapersada Tbk | Rp 372 | 24.83% | |
| 2 | PT. Satria Antaran Prima Tbk. | Rp 505 | 24.38% | |
| 3 | PT. Mitra Investindo Tbk. | Rp 286 | 24.35% | |
| 4 | PT. Sejahteraraya Anugrahjaya Tbk. | Rp 15.600 | 20.00% | |
| 5 | PT. Martina Berto Tbk. | Rp 168 | 19.15% |
| No | Saham | Perusahaan | Harga | Penurunan |
|---|---|---|---|---|
| 1 | PT. Equity Development Investment Tbk. | Rp 106 | 14.52% | |
| 2 | PT. MNC Sky Vision Tbk. | Rp 73 | 10.98% | |
| 3 | PT. Jaya Agra Wattie Tbk. | Rp 148 | 10.84% | |
| 4 | PT. Pacific Strategic Financial Tbk. | Rp 448 | 10.04% | |
| 5 | PT. Agro Bahari Nusantara Tbk. | Rp 595 | 9.85% |
| No | Saham | Volume Hari Ini | Rata-Rata Volume 5 Hari Sebelumnya | Volume Spike (x) | Harga |
|---|---|---|---|---|---|
| 1 | 24,340,200 | 65,100 | 373.89x | 222 ( 11.00 % ) | |
| 2 | 528,162,000 | 12,561,500 | 42.05x | 135 ( 15.38 % ) | |
| 3 | 150,189,500 | 8,615,440 | 17.43x | 126 ( 2.44 % ) | |
| 4 | 147,572,900 | 11,186,560 | 13.19x | 168 ( 19.15 % ) | |
| 5 | 680,700 | 75,800 | 8.98x | 278 ( 2.96 % ) |
| No | Saham | Perusahaan | Naik | Harga | Win Rate |
|---|---|---|---|---|---|
| 1 | PT. Multi Medika Internasional Tbk. | 22 Hari | 850 (1.80%) | 73.33 % | |
| 2 | PT. TIMAH (Persero) Tbk. | 20 Hari | 4,740 (1.94%) | 66.67 % | |
| 3 | PT. Multi Spunindo Jaya Tbk. | 20 Hari | 825 (-7.30%) | 66.67 % | |
| 4 | PT. Industri dan Perdagangan Bintraco Dharma Tbk. | 20 Hari | 115 (0.88%) | 66.67 % | |
| 5 | PT. NexAI Digital Infrastruktur Tbk. | 20 Hari | 15,250 (1.67%) | 66.67 % |
| No | Saham | Perusahaan | Harga Awal | Harga Akhir | Profit |
|---|---|---|---|---|---|
| 1 | PT. Asia Sejahtera Mina Tbk. | 630 | 1,935 | 207.14 % | |
| 2 | PT. Cipta Selera Murni Tbk. | 73 | 220 | 201.37 % | |
| 3 | PT. Alakasa Industrindo Tbk | 1,715 | 4,980 | 190.38 % | |
| 4 | PT. Guna Timur Raya Tbk. | 420 | 1,075 | 155.95 % | |
| 5 | PT. Abadi Nusantara Hijau Investama Tbk. | 226 | 560 | 147.79 % |
| No | Saham | Perusahaan | Value (Rp) | Harga (G/L) |
|---|---|---|---|---|
| 1 | PT. Bank Central Asia Tbk. | Rp 1.186,69 M | Rp 6.325 ( 1.56% ) | |
| 2 | PT. Bank Rakyat Indonesia (Persero) Tbk. | Rp 711,34 M | Rp 3.270 ( 1.51% ) | |
| 3 | PT. Bumi Resources Tbk. | Rp 682,16 M | Rp 212 ( 0.00% ) | |
| 4 | PT. Bank Mandiri (Persero) Tbk. | Rp 547,64 M | Rp 4.360 ( 0.23% ) | |
| 5 | PT. Petrindo Jaya Kreasi Tbk. | Rp 468,10 M | Rp 945 ( 4.06% ) |
| No | Saham | Perusahaan | Volume (lot) | Harga (G/L) |
|---|---|---|---|---|
| 1 | PT. Bumi Resources Tbk. | 32,43 M lot | Rp 212 ( 0.00% ) | |
| 2 | PT. MNC Tourism Indonesia Tbk. | 21,49 M lot | Rp 79 ( 7.06% ) | |
| 3 | PT. Bakrie & Brothers Tbk | 9,85 M lot | Rp 95 ( 0.00% ) | |
| 4 | PT. WIR ASIA Tbk. | 7,75 M lot | Rp 77 ( 3.75% ) | |
| 5 | PT. Wahana Interfood Nusantara Tbk. | 7,27 M lot | Rp 131 ( 4.38% ) |
| No | Saham | Perusahaan | Frekuensi | Harga (G/L) |
|---|---|---|---|---|
| 1 | PT. Bumi Resources Tbk. | 47,6K | Rp 212 ( 0.00% ) | |
| 2 | PT. Petrindo Jaya Kreasi Tbk. | 44,8K | Rp 945 ( 4.06% ) | |
| 3 | PT. MNC Tourism Indonesia Tbk. | 41,6K | Rp 79 ( 7.06% ) | |
| 4 | PT. Bank Central Asia Tbk. | 39,8K | Rp 6.325 ( 1.56% ) | |
| 5 | PT. Dian Swastatika Sentosa Tbk | 36,5K | Rp 1.100 ( 0.90% ) |
| No | Saham | Perusahaan | Asing Net Buy (lot) | Harga (G/L) |
|---|---|---|---|---|
| 1 | PT. Bumi Resources Tbk. | +1,12 jt lot | Rp 212 ( 0.00% ) | |
| 2 | PT. Eagle High Plantations Tbk. | +450,9 rb lot | Rp 125 ( 1.57% ) | |
| 3 | PT. Bakrie & Brothers Tbk | +432,8 rb lot | Rp 95 ( 0.00% ) | |
| 4 | PT. Wahana Interfood Nusantara Tbk. | +404,1 rb lot | Rp 131 ( 4.38% ) | |
| 5 | PT. Bank Rakyat Indonesia (Persero) Tbk. | +368,7 rb lot | Rp 3.270 ( 1.51% ) |
| No | Saham | Perusahaan | Total Buy | Total Sell | Net Buy |
|---|---|---|---|---|---|
| 1 | PT. Bank Rakyat Indonesia (Persero) Tbk. | 32,83 jt lot | 23,82 jt lot | +9,01 jt lot | |
| 2 | PT. Erajaya Swasembada Tbk. | 18,43 jt lot | 11,16 jt lot | +7,27 jt lot | |
| 3 | PT. ANTAM (Persero) Tbk. | 12,51 jt lot | 8,91 jt lot | +3,60 jt lot | |
| 4 | PT. J Resources Asia Pasifik Tbk. | 9,84 jt lot | 6,49 jt lot | +3,35 jt lot | |
| 5 | PT. TIMAH (Persero) Tbk. | 7,85 jt lot | 4,56 jt lot | +3,29 jt lot |
| No | Saham | Perusahaan | Asing Net Sell (lot) | Harga (G/L) |
|---|---|---|---|---|
| 1 | PT. Petrindo Jaya Kreasi Tbk. | -1,79 jt lot | Rp 945 ( 4.06% ) | |
| 2 | PT. MNC Tourism Indonesia Tbk. | -1,58 jt lot | Rp 79 ( 7.06% ) | |
| 3 | PT. WIR ASIA Tbk. | -1,54 jt lot | Rp 77 ( 3.75% ) | |
| 4 | PT. Bank Central Asia Tbk. | -834,0 rb lot | Rp 6.325 ( 1.56% ) | |
| 5 | PT. Pacific Strategic Financial Tbk. | -577,2 rb lot | Rp 448 ( 10.04% ) |
| No | Saham | Perusahaan | Volume (lot) | Harga (G/L) |
|---|---|---|---|---|
| 1 | PT. GoTo Gojek Tokopedia Tbk. | 9,46 M lot | Rp 50 ( 0.00% ) | |
| 2 | PT. MNC Tourism Indonesia Tbk. | 1,59 M lot | Rp 79 ( 7.06% ) | |
| 3 | PT. Bumi Resources Minerals Tbk. | 1,10 M lot | Rp 675 ( 2.17% ) | |
| 4 | PT. Metro Healthcare Indonesia Tbk. | 1,08 M lot | Rp 402 ( 1.47% ) | |
| 5 | PT. Multi Medika Internasional Tbk. | 980,0 K lot | Rp 850 ( 1.80% ) | |
| No | Saham | Perusahaan | Nominal (Rp) | Harga (G/L) |
|---|---|---|---|---|
| 1 | PT. NexAI Digital Infrastruktur Tbk. | Rp 269,50 M | Rp 15.250 ( 1.67% ) | |
| 2 | PT. Merdeka Copper Gold Tbk. | Rp 158,53 M | Rp 3.050 ( 0.33% ) | |
| 3 | PT. Sinarmas Multiartha Tbk. | Rp 78,47 M | Rp 20.025 ( 0.00% ) | |
| 4 | PT. Bumi Resources Minerals Tbk. | Rp 76,45 M | Rp 675 ( 2.17% ) | |
| 5 | PT. Multi Medika Internasional Tbk. | Rp 69,58 M | Rp 850 ( 1.80% ) | |
Q Ratio dalam Merger dan Akuisisi: Alat Strategis Menilai Target
Ketika sebuah perusahaan hendak mengakuisisi perusahaan lain, keputusan tidak hanya didasarkan pada prospek laba atau sinergi bisnis. Ada pertanyaan fundamental yang harus dijawab: Apakah lebih murah membeli perusahaan ini di bursa, atau membangun bisnis serupa dari nol? Jawaban atas pertanyaan itu ditemukan dalam sebuah metrik yang disebut Tobin's Q Ratio, atau lebih dikenal dalam ranah M&A sebagai Q Ratio. Artikel ini akan membahas bagaimana para eksekutif, investment banker, dan korporat menggunakan Q Ratio sebagai senjata rahasia dalam negosiasi merger dan akuisisi. Apa itu Q Ratio dalam Konteks M&A? Dalam literatur keuangan korporat, Q Ratio didefinisikan sebagai: Q Ratio = Nilai Pasar Perusahaan Target (Market Value) / Biaya Penggantian Aset (Replacement Cost) Nilai Pasar (Market Value): Kapitalisasi pasar saham perusahaan target ditambah total utang bersih (enterprise...