$PANI is something else...

The company is currently generating less than 700 Bio profit (2024 Net Income), but already has a market cap that exceeds Astra International that is generating 34T in net income annually...

Andry Hakim, the influencer, said that the stock could reach Rp 30,000/share in the near future because he understands what the owner "needs". If his prediction comes true it means that the market cap would reach about 540T IDR. And as a comparison, BBCA market cap is 1,100T with 54T net income. Interestingly the video of Andry's prediction came to my yt feed when PANI is comfortably sitting at Rp 16,000/share. Anyone knows if he's still holding?

When I watched a few of his videos, he always repeat the same success stories: BBHI and ARTO. Despite the fact that the stocks have fallen >80% of their alltime high. It's always the same story, an "unpopular" stock's price suddenly rise due to a corporate action and then came the sensational news, some influencers start to "appear" and vouch for the stock's quality, only to end up making thousands upon thousands of investors lose at the end. I'd consider investors like LKH to be far more credible and honest than these course-selling influencers.

I suspect Andry and other market makers have started to offload their holdings as the # of shareholders has more than doubled since November 2024 (where PANI was at Rp 18,000/share.... At least 10,000 shareholders are now at >30% loss from this stock alone. Truly amazing is the power of FOMO and so-called "investment" influencers.