Listed Company Analysis – BBNI

Listed Company Analysis – BBNI

Opening

Its Monday, let’s begin our week with a strong determination to reach our goals. Today we gonna look at a banking company in Indonesia. This bank is a government company based in Greater Jakarta Area. It begins on 05 July 1946 in Jakarta. The name is Bank Negara Indonesia (BBNI) in English it translates to Indonesian Government Bank.

Company Information

BBNI

PT Bank Negara Indonesia (Persero) Tbk is a state-owned bank that conducts commercial and consumer banking services. The BBNI products and services: Individual, Business, Syariah, Micro Banking, and Online Features. The current President Director is Herry Sidharta started from last February 2020. The previous experience of Herry was Vice President Director since March 2017 till 2020. The BBNI IPO-ed since 25 November 1996 with PT Danareksa Sekuritas as the underwriter.

Key Financial Statistics

Pictures provided.

BBNI Financial Statement of Series 57
BBNI Financial Ratios of Series 57

Highlights of 2020

  • The BBNI got the first place based on the Indonesian entity at Bloomberg Global Syndicated Loans League Tables as of 31 July 2020.
  • The BBNI market share on syndicate loans grasping 12.51% of all Indonesia.
  • The main focus is on manufacturing, construction, telco, and infrastructure sectors.
  • The syndicate loans BBNI in 7 months of 2020 is US$ 733.36 Mio.
  • 2020 is the third time being the best Mandated Lead Arranger of Indonesian banking.
  • Portfolio KPR (Mortgage Ownership) grow by 5.39% as of April 2020.

Target Price

NomuraBuy Rating6.500
Mirae Asset Daewoo Co., LtdHold Rating4.200
Samuel SekuritasBuy Rating6.000
Trimegah SecuritiesBuy Rating5.700
MacquarieSell Rating3.920
Indo Premier SecuritiesHold Rating3.900
UOB Kay HianBuy Rating6.125
Credit SuisseNeutral Rating4.700
J.P. MorganBuy Rating5.400
Bahana SekuritasBuy Rating7.400
Ciptadana SekuritasBuy Rating5.850
DanareksaBuy Rating5.000
HopemityBuy Rating5.490
BBNI Target Price of Series 57

Closing

BBNI is making a tremendous effort to reach Millenials and below. BNI Griya Expo as one of them, by helping Millenials to have their own home with soft interest. BNI Griya Expo’s slogan is “Cukup bayar bunga, langsung pindah rumah” or in English have close meaning to immediately move to the new home, pay the interest only. Recently too, internet banking improved to the whole new version that have more fluid user experience and better graphic. The present price of a share is at IDR 4620. Exact the same date last year the price of a share of this is at IDR 8125. If Indonesia’s economy and health issue being handled well and beginning to see the light. Before 2020 end it will closely reach 7000 or less. The choice is ours, invest the amount that you can spend because the condition is still fragile and possible of the second wave of falling in the stocks market. Buy sectors that have suffered greatly on this season, buy the business that will last.

Stay sane, grateful to be alive! 

Hopemity

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