huzz

kerja yang ga keras👇

[huzz @1n14c0]

nt lagi ajah

[huzz @1n14c0]

@pchysos sokap bai

[huzz @1n14c0]

@minwonn_attack @ferd1nar @worksfess halo kak, gimana kak prosesnya?

[huzz @1n14c0]

@jadijago nomor tiket: 1994959 pada tanggal 15 Juli 2026

[huzz @1n14c0]

udah ngirim email penggantian nomor hp tapi sampe skrg masih blm dapet email balasan terkait surat pernyataan, tolong lah min @jadijago

[huzz @1n14c0]

Persetan sama usaha yg udah dilakuin, yg dia mau cuma hasil akhir aja. ANJINGGGGGGGGGG

[huzz @1n14c0]

@sipalinggrowth @Mudiiinn @pangeransiahaan bro?

[huzz @1n14c0]

tolol tolol lu tolol, penurunan ihsg jelas karna masalah mikro dan makro, dan lu cuma bilang bottom karena scr chart historis aja? IDIOT

[Agnesius @primagnesius]

IHSG tidak pernah membuat lebih dari 6 red monthly candles berturut-turut dalam 25 tahun terakhir.

bottom is officially in. 8,400 is inevitable.

[Ricky Ho @rickyho_1989]

Valuation-wise, Indonesia is arguably one of the cheapest equity markets in Asia today. Many well-known blue-chip companies are trading at what can only be described as crisis-like multiples despite maintaining healthy balance sheets, dominant market positions, and attractive dividend yields.

BBCA trades at roughly 11x forward earnings and 2.6x book value. Bank Mandiri trades at around 6x forward earnings and 1.2x book value. BRI trades at approximately 7x forward earnings and 1.3x book value. Astra sits at 6x forward earnings. Kalbe trades at 9x forward earnings. Amman trades at roughly 10x forward earnings. The list goes on.

Many of these companies also offer high single-digit dividend yields, with some names approaching double-digit yields. On paper, this should attract significant investor interest. Yet share prices continue to drift lower.

The obvious question is: where are the buyers? Where are all the investors who have spent years believing Indonesia’s long-term potential? Indonesia’s weight in MSCI Emerging Markets remains only around 0.5-0.6%, remarkably small relative to the size of its economy, population, and long-term growth aspirations.

More importantly, where is Danantara? It was presented as a potential new source of domestic capital and a stabilizing force for Indonesian financial markets. If the local market is trading at distressed valuations, this should be the type of environment where a large domestic institutional investor helps establish confidence.

The problem, however, is that cheap valuation alone is rarely enough. Markets ultimately pay for growth.

Indonesia’s core challenge today is not valuation. It is earnings growth. Aggregate earnings growth for the market has slowed materially, with many sectors struggling to generate meaningful expansion. Compare that with South Korea and Taiwan, where investors are being offered direct exposure to AI, semiconductors, advanced manufacturing, memory, and high-performance computing. Foreign investors are naturally willing to pay higher multiples for companies whose earnings are compounding rapidly.

Currency concerns add another layer of complexity. Investors are not simply underwriting Indonesian corporate earnings. They are also underwriting the rupiah. If currency depreciation continues to offset equity returns, valuation discounts can persist far longer than expected.

There is also a credibility issue that should not be ignored. For years, many foreign investors have complained that parts of the Indonesian market function primarily as distribution channels rather than genuine capital formation venues. Domestic equity sales teams routinely promote names that later become exit liquidity for local institutions seeking to reduce exposure. Over time, repeated experiences like this erode trust.

The persistent allegations of wash trading, questions around effective free float, concentrated ownership structures, and concerns over genuine liquidity have further damaged confidence. Investors do not simply buy low valuations. They buy governance, transparency, liquidity, and confidence in future earnings.

This is why cheap markets can remain cheap for years. A stock trading at 6x earnings can still fall to 5x. Valuation itself is not a catalyst.

The harsh reality is that Indonesia does not have a valuation problem. It has a growth and confidence problem.

Until investors see stronger earnings growth, more credible policy execution, better market governance, improved liquidity, and a clearer path for capital to generate attractive real returns, low multiples alone will not be enough to attract meaningful foreign capital back into the market.

Cheap without growth is a value trap. Cheap with deteriorating confidence is even worse.

[huzz @1n14c0]

wkwk bgst kuch

[Pangeran @pangeransiahaan]

Seorang hooligan London mengamuk. Konon footage langsung dari Budapest

[huzz @1n14c0]

ampir 2 bulan bujett

[huzz @1n14c0]

ngalamin jugaa....

[WORK @worksfess]

dikit lagi yaallahhh :')), tapi kayaknya emang belum rezeki :) work!

[huzz @1n14c0]

@MuHelmyYahya @profesor_saham masa impor...

[huzz @1n14c0]

jiahhhh

[Kapten Haddock @SeekHustle]

Teruntuk admin2 medsos corporate, ga semua kejadian bisa lo jelasin dengan konten bercandaan atau yg terkesan ga serius ya. Konten lu viral, tapi esensi ga masuk, pesan ga tersampaikan, buat apa?? Percuma bayar medsos strategis kalau kek gini aja ga paham.

[Kapten Haddock @SeekHustle]

Teruntuk admin2 medsos corporate, ga semua kejadian bisa lo jelasin dengan konten bercandaan atau yg terkesan ga serius ya. Konten lu viral, tapi esensi ga masuk, pesan ga tersampaikan, buat apa?? Percuma bayar medsos strategis kalau kek gini aja ga paham.

[huzz @1n14c0]

@rsngprad fg finance tapi untuk jurusan non-akuntansi mass

[huzz @1n14c0]

@hell13here @SebutLYDaja @tanyarlfes driver harus bayar biaya tambahan kalo costumer make hemat, rata rata bisa 2000-3000 per order. bayangin aja kalo driver sehari dapet 5 orderan hemat, driver harus bayar 10k-15k ke aplikator

[huzz @1n14c0]

@KampusUpdate mau mint

[huzz @1n14c0]

@tanyarlfes jangan ampe kaya gini, duit banyak gaji gede tapi decision making nanya base wkwk @icantbeurbae

[Nero Crack 阿古斯河 𝕏 @IOS_GrizlyWolf]

@kemgelapan 😑