Miracle Streak : '26's half-century placeholder KESM returns to pair up with L&G's 23rd round to reach 1,554 days consecutively ! {19th Oct '26}

 

KESM delivers improbably once again, hand in hand with 23x earner L&G to attain the 1,554-day milestone as I make my maiden foray into the Jakarta Stock Exchange this morning as it crashes a 2nd consecutive day!!!

Bought PT Telekommunikasi Indonesia [ Telkom] & PT Semen Indonesia as my opening salvos for maiden moves into the tumbling market down south! The former has tumbled back to Dec 2012 levels, when EBITDA was 20% lower but operating margin was higher at 33.10% vs 28.54% now. EPS has since grown 40% from Rp 128.7 to Rp179.8. I have to be psychologically prepared for a, albeit slim, possibility that it could fall to the Rp1,300-1,330 lows in early 2012 for the former & a support band of Rp755-1,040 for the latter if the current foreign fund exodus gets worse !