After Sandiaga sold Saratoga's shares, how was Saratoga's fate?

Era Fakta. Candidate number 02 vice president Sandiaga Uno has sold its share ownership many times this year at PT Saratoga Investasma Sedaya Tbk (SRTG). Sandi calls the sale of shares to finance its activities during the campaign as vice president.

What is the fate of Saratoga after the shares are sold?

Binaartha Sekuritas Analyst Muhammad Nafan Aji Gusta explained that when there is an action of selling shares, sales and purchase transactions are not too crowded.

"Divestment of shares is indeed to carry out political mobilization, Pak Sandi, but yesterday's transaction was not too crowded. Maybe investors still see their potential first," Nafan said when contacted on Saturday (12/15/2018).

He added that Saratoga's performance after the sale of Sandi's shares was predicted to be indeed not too high. Because last year alone, Saratoga still recorded a net loss.

"Technically, the shares are technically less liquid. Like yesterday, the divestment of Pak Sandi's shares, the bid over was not crowded. Because he was also not included in the LQ45," he added.

In addition, Saratoga's shares had moved wildly, but the volume remained small. From the company's financial statements for the 2017 period, the total comprehensive income for the current year was Rp. 3.16 trillion, down around 48% compared to the 2016 period of Rp. 6.08 trillion.

Sandi has indeed sold his shares in Saratoga several times. Last on December 6, 2018 then. He sold 7 million shares, then on December 7, 2018 he sold 5 million shares and December 11 5.05 million shares.

If added up, the transaction value from the sale of the SRTG conducted by Sandi has pocketed IDR 567.76 billion. The number of Sandi's shareholdings in Saratoga is now only 613,765,429 shares or around 24.62%.

Previously, Sandi admitted that after selling SRTG share ownership in early October 2018 he considered returning to sell his shares in the SRTG-coded issuer.

Comments

Post a Comment

Popular posts from this blog

6 Desperate People Smuggle 22 Kg of Sabu-type Narcotics

Siaran Utama . The 22 kg methamphetamine package from Malaysia which was smuggled into Indonesia was successfully thwarted by the Directorate of Criminal Narcotics at the National Police Bareskrim. Bareskrim Polri's Director of Narcotics Crime, Pol Brigadier General Eko Daniyanto, said his party also arrested six perpetrators in this case. The six actors, ZNL (47), TMS (39), MWD (34), HSN (46), SD (35), and JNL (29). However, until now the police are still pursuing a fugitive with the initials BM who is suspected of playing the role of controlling the network. "This BM ordered methamphetamine to Malaysia," said Eko at the Office of the Directorate of Criminal Narcotics at Bareskrim Polri, East Jakarta, Friday, December 14, 2018. The disclosure of this case originated from the arrest of ZNL (47) and TMS (39) at the Gaperta Intersection Dormitory intersection, Jalan Gatot Subroto, Medan City, North Sumatra Saturday, December 8, 2018. The police found five kilograms of metha
Read more

The Rupiah Decreases IDR 14,581 per US Dollar Due to European Sentiment

Pojok Pos . The rupiah exchange rate was in the position of Rp14,581 per US dollar (US) in spot market trading this afternoon, Friday (12/14). This position weakened 85 points or 0.58 percent from yesterday afternoon, Thursday (13/12) at Rp14,496 per US dollar. While the reference rate of Bank Indonesia (BI), Jakarta Interbank Spot Dollar Rate (Jisdor) placed the rupiah in the position of Rp14,538 per US dollar or weakened slightly from yesterday at Rp14,536 per US dollar. The movement of the rupiah reversing to the red zone is apparently also felt by the currencies of other countries in the Asian region. The Philippine peso weakened 0.81 percent, the South Korean won minus 0.66 percent, and the Singapore dollar minus 0.31 percent. Then, China renminbi minus 0.3 percent, Indian rupee minus 0.29 percent, Thai baht minus 0.16 percent, Malaysian ringgit minus 0.13 percent, and Hong Kong dollar minus 0.03 percent. Only the Japanese yen managed to hold in the green zone by strengthening 0.1
Read more

BPN Criticizes KPU, There Is Power Riots in Presidential Election

Jurnal Utama . Spokesperson for the National Winning Body (BPN) Prabowo-Sandi, Ferry Juliantono criticized the election organizers or KPU, in a discussion in the Central Jakarta area on Saturday (12/15/2018). He said, if not handled seriously it could cause potential riots in the future. First, he said, people's confusion regarding the rules of people with mental disorders (ODGJ) had the right to vote in the legislative election and presidential election. "That is rather confusing, actually explaining to friends, family, the community how to explain such a campaign to the community (ODGJ), we don't know, especially if there are large numbers," Ferry said. Both he said, the KPU's discourse that would use cardboard as a ballot box was considered unreasonable. Furthermore, he explained, his party doubted the KPU's ability to take care of the national DPT, which was submitted to the case of the KTP-el in Duren Sawit, some time ago. "Not only our party, but al
Read more