1 jam yang lalu
TEMPO.CO, Jakarta - CEO of the Danantara Indonesia Investment Management Agency Rosan Roeslani stated that state-owned enterprise (BUMN) stocks on the Indonesia Stock Exchange (IDX) have shown good performance. Therefore, these stocks are suitable for long-term investment.
Rosan stated that BUMN stocks have a good yield. "If we look at the state-owned enterprises listed on the stock exchange, if we look at them individually, for example, Himbara (state-owned banks) or minerals, their yield is also very good, above 10 to 11 percent," said Rosan at the IDX on Tuesday, May 19, 2026.
The Minister of Investment and Industrial Upgrading also mentioned that BUMN companies have good fundamental conditions. Additionally, he noted that the stock prices of state-owned banks remain undervalued compared to their book value. Rosan says that the price-to-book value (PBV) of state-owned bank stocks remains below 1 percent. Under normal conditions, it should reach two or three percent.
Rosan also appreciated the reform efforts carried out by the IDX and the Financial Services Authority (OJK). "Certainly, this is a process that we believe will generate confidence in our stock market in the future," he said.
Meanwhile, the Director of Corporate Assessment at IDX, I Gede Nyoman Yetna, stated that there are currently 957 companies listed on the exchange. He mentioned that 85 percent of them have submitted their financial reports.
According to Nyoman, from a fundamental perspective, the conditions of these companies are relatively attractive. "The information I can provide is that, fundamentally, the net income and net profit have increased by 21.5 percent," he said.
Read: Why Has Danantara Indonesia Not Released Its Financial Report?
Click here to get the latest news updates from Tempo on Google News
Why Has Danantara Indonesia Not Released Its Financial Report?
4 hari lalu
As a sui generis entity, Danantara Indonesia continues to submit annual financial reports to government auditors.
GoTo Responds to Danantara's Stake Acquisition
13 hari lalu
According to Goto management, Danantara has acquired a stake amounting to less than 1 percent of GoTo's total shares.
Jakarta, Danantara Sign Rp17.4 Trillion Waste-to-Energy Deal
14 hari lalu
The Jakarta provincial government has agreed to build waste-to-energy (PSEL) infrastructure in two locations.
Danantara to Begin Rail Electrification Project in May 2026
20 hari lalu
Director of Operations at Danantara announced the plan to start the railway electrification project on May 20, 2026, aiming to improve efficiency, reliability, and support the 2060 Net Zero Emission target.
Fitch Flags Investor Worries Over Danantara After Outlook Cut
21 hari lalu
Fitch expresses concerns that Indonesia's sovereign wealth fund Danantara may be used to finance government programs.
Danantara Indonesia Aims to Finalize SOE Merger by 2026
24 hari lalu
According to Danantara Indonesia's analysis, consolidation is the main solution to the issues faced by SOEs (BUMNs).
Garuda Indonesia Hit by Three Pressures Amid US-Iran War
24 hari lalu
Danantara's Sahala Situmorang said transport and logistics are among the hardest hit, with airlines including Garuda Indonesia facing rising costs.
Danantara Eyes Land 400m from Mecca's Grand Mosque for Hajj Village
26 hari lalu
Hashim said the decision to target land near the mosque reflects the age profile of Indonesian pilgrims, many of whom are in their 60s and 70s.
Danantara Eyes $30 Billion Energy Investment in Singapore
26 hari lalu
Danantara's involvement would also cover the construction of transmission lines linking Indonesia and Singapore, says the CIO.
Danantara Finalizes Debt Negotiation Scheme for Whoosh High-Speed Rail
26 hari lalu
Since last year, the government and Danantara have been planning debt restructuring efforts for the Whoosh high-speed rail project.
English (US) · 
Indonesian (ID) ·