Hen

[Hen @HappyCiu]

Watching this hits hard. Grew up seeing both sides. Hard work is necessary but not sufficient. Destiny feels real when opportunities are stacked. Real fix? Teach the next gen to choose better paths: books over early marriage, skills over excuses

[Cool_Ustaaz ☪ @Cool_Ustaz]

Same World. Different Realities.

Same World.
Same people.
Same dreams.

But not the same life.

This is not just a video. This is a mirror of reality.

[Hen @HappyCiu]

Apakah pemerintah mengakui realitas?

atau

Masih memakai asumsi yang terlalu optimistis? #IHSG #Rupiah

[Hen @HappyCiu]

Stocks can be repriced.

Currencies can be devalued.

But when confidence leaves, the damage runs much deeper.

That is what worries me most.

[Hen @HappyCiu]

BBCA -6%. Not a correction. A character-building exercise

[Hen @HappyCiu]

WTF Teddy, your defense of Prabowo’s nonstop trips is bullshit!“Personal money” for extra costs? Bro, that just kills transparency. Experts like Zainal Arifin Mochtar already roasted it. Over 50 trips, 99+ days abroad, delegations still 50-60 people, yet you brag Rp2,430T investments? Most are old deals from before. Dino’s right. Fix home problems first, not this shady globetrotting. Pisses me off big time.

[Kompas.com @kompascom]

Respons Sekretaris Kabinet (Seskab) Letkol Teddy Indra Wijaya terhadap pernyataan eks Wakil Menteri Luar Negeri Dino Patti Djalal soal intensitas kunjungan luar negeri Presiden Prabowo Subianto dengan dalih penggunaan dana pribadi, memicu kritik tajam.

~RS

[Hen @HappyCiu]

The State of the Indonesian Stock Market: From Correction to Crisis of Confidence

Just a few hours ago, I wrote that no investor could honestly describe the current state of the Indonesian stock market as normal.

Unfortunately, the situation has deteriorated even further.

What we are witnessing today is not merely a red day, nor is it a routine correction that long-term investors are accustomed to enduring. The speed of the decline has become the story itself. Markets can tolerate bad news. Markets can tolerate uncertainty. What they struggle to tolerate is the sudden disappearance of confidence.

The IHSG has now fallen to levels few would have imagined only months ago. Optimism that once seemed abundant has evaporated with astonishing speed. The market is no longer asking how much companies are worth; it is asking who is still willing to buy.

Perhaps the most striking feature of today's trading is the breadth of the decline. This is not a handful of stocks dragging the index lower. This is a market-wide retreat. Selling pressure has spread across sectors, across market capitalisations, and across investor groups. When nearly everything is falling at once, the issue is no longer valuation. It becomes psychology.

And psychology is a powerful force.

Fear has a way of feeding on itself. Investors who intended to hold become tempted to sell. Investors who intended to buy decide to wait. Those who were already nervous become even more cautious. Liquidity retreats, confidence weakens, and the cycle reinforces itself.

The most painful aspect of market declines is rarely the loss of points on an index. It is the erosion of trust. Capital markets are built upon the belief that tomorrow can be better than today. When that belief weakens, money leaves first and explanations arrive later.

Yet history offers an important reminder. Every major crisis feels unique while it is unfolding. Every crash appears rational in hindsight and irrational in real time. The darkest moments are often the moments when investors become convinced that recovery is impossible.

Whether today's turmoil proves to be a temporary panic or the beginning of a more prolonged struggle remains uncertain. What is certain, however, is that the Indonesian market is experiencing one of the most severe tests of investor confidence in recent years.

The chart no longer reflects valuation.

It reflects emotion.

And today, fear appears to be winning.

[Hen @HappyCiu]

The State of the Indonesian Stock Market: A Lesson in Chaos

Looking at the chart of the IHSG today, one cannot help but feel a sense of disbelief.

Only a few months ago, optimism was abundant. The index had climbed steadily, investors were confident, and many believed Indonesia's capital market was entering a new era of growth. Yet what followed was a dramatic reversal. The gains of many months were erased in a matter of weeks, leaving investors stunned and questioning what had gone wrong.

What makes the situation particularly troubling is not merely the decline itself, but the speed and severity of it. Confidence, once lost, is difficult to regain. The market has been hit by a combination of factors: persistent foreign outflows, concerns over market governance, MSCI's removal of several major Indonesian companies from its indices, and growing uncertainty regarding the broader investment environment. Foreign investors have sold billions of dollars' worth of Indonesian equities this year, while the IHSG has suffered one of its sharpest corrections in recent memory.

The chart tells a painful story. It resembles less a healthy correction and more a prolonged erosion of confidence. Every rebound attempt seems to be met with another wave of selling. Investors who once spoke confidently about long-term opportunities now find themselves discussing risk management, capital preservation, and survival.

Perhaps the most worrying aspect is the psychological damage. Markets are built on trust. When investors begin to question transparency, consistency, and predictability, money tends to leave first and ask questions later. Recent concerns raised by international index providers regarding ownership concentration and market transparency have only added to these fears.

Yet history also teaches us that periods of maximum pessimism often create the foundations for future opportunities. Every major market correction feels unbearable while it is happening. The challenge is distinguishing between temporary panic and structural decline.

For now, however, it is difficult to deny the obvious.

The Indonesian stock market is going through one of its most turbulent periods in years. The chart is not merely a collection of numbers; it is a visual representation of fear, uncertainty, and shaken confidence. Whether this becomes a turning point or merely the beginning of a longer struggle remains to be seen.

But one thing is certain:

No investor looking at the IHSG today can honestly describe the current situation as normal. 📉

[Tuntun Sekuritas @tuntunsekuritas]

IHSG balik ke level Trump Tariff tahun lalu...

[Hen @HappyCiu]

This is what a market looks like when confidence disappears faster than buyers can step in.

[Hen @HappyCiu]

The chart no longer reflects valuation; it reflects emotion. And at this moment, fear appears to be winning. #IHSG

[Hen @HappyCiu]

Ada krisis politik besar?
Ada downgrade kredit negara?
Ada kejadian sistemik yang membuat investor kehilangan kepercayaan?

[Hen @HappyCiu]

Went out for a jog earlier, passed by a cemetery area, and suddenly saw a snake crossing nearby 😭

It was green… with hints of yellow and white if I wasn’t seeing things, and probably around a metre long.

Honestly, for a brief moment, life felt strangely cinematic and existential all at once.

Sometimes the universe really knows how to give you a random “main character reflection scene” out of nowhere.

[Hen @HappyCiu]

https://t.co/mGqjOt74qh

Honestly, thank you… but goodbye 😂

I genuinely tried to like bitter gourd when I was in China, but I simply cannot do it 🥲

And somehow, Asian mums will always insist:

“It’s good for your skin.”

Apparently everything is “good for your skin” whenever they want you to eat it lmfao.

[Hen @HappyCiu]

Honestly, I’ve never really understood this attitude from some Malaysians I’ve met. There’s often this strange sense of superiority, like they look down on Indonesians or feel somehow “better” than us.

Of course not everyone is like that, but enough experiences have genuinely left a bad impression on me over the years. Maybe that’s why I barely have Malaysian friends until now.

Ah well… it is what it is.

[Hen @HappyCiu]

This is exactly what worries a lot of people right now.

The market can tolerate bad news. What it struggles to tolerate is the absence of urgency and confidence from policymakers while the currency keeps weakening.

Because once trust starts eroding, defending the Rupiah becomes far more difficult than simply raising rates.

[Hen @HappyCiu]

Honestly, I’m really grateful to have a friend who has backed me up so much, benefited me in many ways, remained professional, and truly stood by me when it mattered.

I genuinely appreciate everything he has done for me so far, and I sincerely hope this friendship lasts for a very long time.

[Hen @HappyCiu]

Honestly still a bit surprised that an old British friend suddenly messaged me after all these years… and somehow ended up pouring her heart out about life, work, mental exhaustion, Primark drama, “Made in Sunderland”, and wanting to tell management to sod off 😭

And weirdly enough, halfway through the conversation, my inner British somehow just switched back on automatically.

Turns out some people really do leave their mark on you hahaha.

[Hen @HappyCiu]

The weather forecast claimed there was a 95% chance of rain today, so naturally I rearranged nearly all my plans indoors.

Result?
Blue skies. Sunshine. Not a drop of rain all day.
Remarkable work, truly.

[Hen @HappyCiu]

@bluecandleway literally can humble even experienced traders very quickly 😅

[Hen @HappyCiu]

@mudzakirmanaf Karena market punya “anak emas” dan punya “anak nakal” sendiri 😂

[Hen @HappyCiu]

Membedah Detail Pertumbuhan Ekonomi 5,61% https://t.co/8sTE1sjaih lewat @YouTube

it is sensible, logically consistent, and the reasoning behind it holds together rather well