Here are the key insights:
(Finance charts for GoTo (GOTO.JK) and Bank Rakyat Indonesia (BBRI.JK))
đź“Ś 1. Ownership & Foreign Flows
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GoTo (GOTO) has experienced fluctuating foreign investor interest—huge net sells in March were followed by strong buying in late March infobanknews.comidnfinancials.com+15gurufocus.com+15reddit.com+15.
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Bank BRI (BBRI) shows notable foreign outflows earlier this year, although some investors hold for dividends .
2. Profitability & Margins
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GoTo achieved its first annual profit in 2024 with Rp 386 bn EBITDA; GoTo’s financial services arm has already hit break-even reddit.com+1reddit.com+1.
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However, net margin remains negative (~–20% in Q4 2024) per Google Finance .
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Amman Mineral (AMMN):
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H1‑2024 revenue surged ~167% with EBITDA margin at ~62% reddit.com+12investor.id+12investor.id+12reddit.com+7indonesiabusinesspost.com+7infobanknews.com+7.
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By Q3‑2024, net margin near 29%; consistent profitability growth, but leveraged (net debt/EBITDA ~2.55×) .
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Bank BRI:
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Solvency is sound with liabilities/assets ~0.83 , but rising funding costs and modest interest growth are pressuring profitability .
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3. Solvency & Leverage
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GoTo: Assets (~Rp 43 tn) exceed liabilities (~Rp 13 tn); equity strong (~Rp 30 tn), but still in net loss as of Q4 2024 infobanknews.com+15investor.id+15reddit.com+15.
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AMMN: Debt moderate (net debt/EBITDA ~2.5Ă—), but upcoming production decline may stress liquidity idnfinancials.com+8investor.id+8indonesiabusinesspost.com+8.
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BBRI: Strong solvency (debt/assets 0.83), some risk from rising NPLs and funding costs reddit.com+7gurufocus.com+7reddit.com+7.
4. News & Rumors
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GoTo – Grab Merger Talks:
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Talks have intensified in Q1–Q2 2025, with Grab potentially valuing GoTo around US$7 bn. A sovereign wealth fund may take a stake, and antitrust reviews are ongoing indonesiabusinesspost.com.
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GoTo has consistently denied merger discussions and is focusing on share buybacks .
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CEO confirms “first profit” but remains open to any strategic value-boosting consolidation .
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Amman Mineral:
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Benefiting from gold/copper market strength and efficiency gains, but debt and upcoming production drop are warnings indonesiabusinesspost.com.
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Bank BRI:
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Facing concerns over funding cost, NPL coverage decline, and cybersecurity rumors (ransomware scare later debunked) reddit.com.
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đź“Š 5. Consolidated View for a Sample of Your Tickers
| Ticker | Sector | Margin Status | Solvency | Major News/Rumors |
|---|---|---|---|---|
| GOTO | Tech/Super-app | First profit; EBITDA positive; net loss persists | Strong equity; loss-making | Merge with Grab rumors; denies discussions |
| AMMN | Mining | EBITDA 62%, net margin ~29% (Q3 2024) | Moderate leverage (net debt/EBITDA ~2.5Ă—) | Strong uptime, but liquidity/debt risk ahead |
| BBRI | Banking | Stable profits; margins pressured by costs | Liab/assets ~0.83; NPLs ~2.9% | Cyber rumors; dividend-focused investors |
(Other tickers like ANTM, INCO, MDKA, etc. would need similar deep dives—let me know if you'd like those.)
âś… Summary & Outlook
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GoTo is shifting toward profitability and cost control, with merger speculation boosting sentiment—but outcomes hinge on antitrust decisions.
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Amman Mineral is riding commodity tailwinds but must manage rising debt and a projected drop in production.
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Bank BRI remains financially solid but is grappling with higher costs and market sentiment swings.
Let me know if you'd like similar deep dives—including ownership structure, margin trends, solvency, and rumor tracking—for the rest of your IDX tickers!