ceritasaham

▸Emiten: GGRM

GGRM

GGRMTobaccoConsumer Defensive

Ringkasan Bisnis

PT Gudang Garam Tbk, together with its subsidiaries, engages in the manufacture and sale of cigarettes in Indonesia and internationally. The company operates through Cigarettes, Paperboards, Infrastructure, and Others segments. It offers hand-rolled, machine-made, and klobot clove cigarettes. The company markets its products under the Gudang Garam Family, Surya Family, and GG Family brand names. It is also involved in trading business; and provision of safety protective equipment, and investment and construction services. In addition, the company provides tobacco processing, non-scheduled air transportation, infrastructure, entertainment, and tourism services. The company was formerly known as PT Perusahaan Rokok Tjap Gudang Garam Kediri. PT Gudang Garam Tbk was founded in 1958 and is headquartered in Kediri, Indonesia. PT Gudang Garam Tbk is a subsidiary of PT Suryaduta Investama.

Web: https://www.gudanggaramtbk.comTelp: 62 35 468 2091Jl. Semampir II/1, Kediri, 64121, Indonesia

Grafik Harga GGRM

Backtest: Harga vs. LPM [DYOR! Bukan Ajakan Jual / Beli!]

Komposisi Pemegang Saham

Insiders76.22%
Institutions1.66%
Public Float6.99%
Shares Outstanding38

Alur Keuangan GGRM

Alur Arus Kas

Nilai dalam Rupiah. T = triliun, M = miliar. Arahkan kursor ke alur untuk melihat nilai.

Ringkasan Analisis Broker - Update Weekly!

Emiten: $ggrm
Periode: 07 Agu 2025 — 10 Sep 2026
Hari Perdagangan: 262
Jumlah Broker: 82
Broker Lokal: 56
Broker Asing: 22
Broker Pemerintah: 4

Diperbarui: 11/9/2026, 09.26.46

Sinyal NEUTRALSkor 0

(-5 most bearish, +5 most bullish)

BULLISHFOREIGN NET BUYERAsing cumulative net +96,195 lots.
BEARISHASING SELLING ACCELERATING5d: -9,660 | 20d: -15,830 lots
BEARISHGOVERNMENT BROKER SELLINGPemerintah cumulative -19,456 lots.
BULLISHLOCAL BROKERS ACCUMULATINGLokal 5d: +8,048 lots.

Perbandingan Aliran per Tipe Broker

Asing

+96,195 lot

5 hari-9,660

20 hari-15,830

ArahSELLING · ACCELERATING

Lokal

-73,946 lot

5 hari+8,048

20 hari+21,062

ArahBUYING · ACCELERATING

Pemerintah

-19,456 lot

5 hari+1,589

20 hari-5,241

ArahBUYING · ACCELERATING

Statistik Volume

Rata-rata Harian: 15,678 lot
Volume Maksimum: 124,557 lot
Tanggal Maksimum: 23 Sep 2025
Min Non-Zero: 1,134 lot
Rata-rata 5 Hari Terakhir: 8,518 lot

Sinyal Naratif

✅

foreign inflow+1

Foreign brokers are net buyers (Asing +96,195 lots net)

YU leads foreign buying with +63,751 lots cumulative. BK adds +60,223 lots. 5-day Asing net: -9,660 lots. Foreign accumulation is the key bullish driver.

YU cumulative: +63,751 lots
BK cumulative: +60,223 lots
Asing 5-day net: -9,660 lots

📉

momentum bearish-1

Foreign selling is accelerating, not stabilising

5-day rate: -1,932 lots/day vs 20-day average: -792 lots/day. No extreme single-day sessions.

Asing 5d rate: -1,932 lots/day
Asing 20d rate: -792 lots/day
Asing 5-day: -9,660 lots
Asing 20-day: -15,830 lots

⚠️

govt selling-1

Government brokers (Pemerintah) are net sellers — unusual signal

Pemerintah cumulative net is -19,456 lots — unusual and worth monitoring closely. CC is the most active recent seller: -1,078 lots in 5 days. Government selling removes a key support layer typically present in Indonesian large-caps.

Pemerintah total: -19,456 lots
Latest session: -220 lots
CC 5-day: -1,078 lots

📊

local accumulation+1

Top local brokers BB and ES actively accumulating

BB added +21 lots (+0.0%) over 10 days. ES also building: +441 lots (+9.0%). Lokal aggregate 5-day net: +8,048 lots. Local smart money is adding exposure.

BB 10-day: +21 lots (+0.0%)
ES 10-day: +441 lots (+9.0%)
Lokal 5-day net: +8,048 lots

🔄

foreign bull turning0

YU — biggest foreign buyer — now also selling

YU holds the largest Asing net-buy position (+63,751 lots cumulative), but sold -214 lots on the latest session, extending a 5-day outflow of -1,276 lots. When the lead foreign buyer distributes, the last foreign support is removed. Others in positive territory — BK (-42 lots 5d), AK (-1,062 lots 5d) — are also showing reduced conviction.

YU cumulative: +63,751 lots
YU 5-day: -1,276 lots
YU latest day: -214 lots
BK 5-day: -42 lots
AK 5-day: -1,062 lots

⚡

watch — local divergence0

MG diverging — trimming while others buy

Despite a positive Lokal aggregate, MG sold -1,197 lots over 10 days (-34.3%). When a top-5 holder distributes against the crowd, it warrants attention as a potential early sign of exhaustion.

MG cumulative: +2,291 lots
MG 5-day: +12 lots
MG 10-day: -1,197 lots (-34.3%)

Top Pembeli (Akumulasi)

Broker	Tipe	Akumulasi (lot)
$BB	Lokal	+72,147
$YU	Asing	+63,751
$BK	Asing	+60,223
$AK	Asing	+56,456
$RX	Asing	+40,348
$ZP	Asing	+32,037
$CC	Pemerintah	+31,883
$AG	Asing	+23,873
$KZ	Asing	+11,782
$ES	Lokal	+5,333

Top Penjual (Akumulasi)

Broker	Tipe	Akumulasi (lot)
$YP	Asing	-114,366
$OD	Pemerintah	-35,423
$SQ	Lokal	-32,744
$XC	Lokal	-27,032
$DR	Asing	-20,476
$KK	Asing	-20,307
$GR	Lokal	-16,089
$LG	Lokal	-14,147
$TP	Asing	-12,836
$DX	Pemerintah	-10,313

Posisi & Perubahan Broker Terbaru

Broker	Tipe	Posisi (lot)	5 hari	10 hari	20 hari	% 5 hari
$BB	Lokal	+72,147	+621	+21	+14,385	+0.87%
$YU	Asing	+63,751	-1,276	-2,910	-4,973	-1.96%
$BK	Asing	+60,223	-42	+13,834	+8,710	-0.07%
$AK	Asing	+56,456	-1,062	-11,687	-19,696	-1.85%
$RX	Asing	+40,348	+1,066	+927	+927	+2.71%
$ZP	Asing	+32,037	-822	+4,046	+4,171	-2.5%
$CC	Pemerintah	+31,883	-1,078	-853	-3,891	-3.27%
$AG	Asing	+23,873	-385	-386	-281	-1.59%
$KZ	Asing	+11,782	-3,918	-2,887	+1,365	-24.96%
$ES	Lokal	+5,333	+793	+441	+786	+17.47%
$PD	Lokal	+3,538	+1,234	-778	-3,256	+53.56%
$MG	Lokal	+2,291	+12	-1,197	-604	+0.53%
$DP	Asing	+1,003	0	+36	+3,087	0%
$AT	Lokal	+921	+7	+2	-215	+0.77%
$RF	Lokal	+528	0	0	-2	0%
$RS	Lokal	+119	0	+30	+30	0%
$RB	Asing	+63	+77	+136	+136	+550%
$SH	Lokal	+48	0	0	-40	0%
$DD	Lokal	+41	0	0	0	0%
$GI	Asing	+40	0	0	0	0%
$SA	Lokal	+20	0	0	0	0%
$PO	Lokal	+20	+20	+15	+20	—
$IN	Lokal	+16	0	0	0	0%
$AD	Lokal	+5	0	0	0	0%
$ID	Lokal	+4	0	0	0	0%
$JB	Lokal	+3	0	+3	+3	0%
$BF	Lokal	0	0	0	0	—
$DU	Asing	-5	0	0	0	0%
$PP	Lokal	-14	0	0	0	0%
$SF	Lokal	-18	0	0	0	0%
$EL	Lokal	-40	0	0	0	0%
$AN	Lokal	-45	0	0	0	0%
$MU	Lokal	-66	0	0	0	0%
$IH	Lokal	-77	0	0	0	0%
$PF	Lokal	-100	0	0	0	0%
$IU	Lokal	-123	0	0	-61	0%
$ZR	Lokal	-141	0	-1	0	0%
$QA	Lokal	-214	-1	0	0	-0.47%
$IT	Lokal	-242	-150	-150	-290	-163.04%
$LS	Asing	-386	+28	-2	+11	+6.76%
$PC	Lokal	-462	+5	+15	+71	+1.07%
$TF	Lokal	-523	0	0	0	0%
$RO	Lokal	-538	-10	+4	+3	-1.89%
$YO	Lokal	-785	0	0	0	0%
$FS	Asing	-822	0	0	+2	0%
$BR	Lokal	-861	0	0	0	0%
$AO	Lokal	-867	0	-30	-85	0%
$OK	Lokal	-871	0	-35	-35	0%
$HP	Lokal	-888	+50	+49	-17	+5.33%
$SS	Lokal	-967	0	0	0	0%
$MI	Lokal	-1,182	+4	+5	-91	+0.34%
$AR	Lokal	-1,292	+1	+27	+37	+0.08%
$IF	Lokal	-1,417	+78	-139	+1,484	+5.22%
$XA	Asing	-1,736	+53	+21	+132	+2.96%
$RG	Lokal	-1,935	0	0	0	0%
$YB	Lokal	-2,160	-176	-212	-432	-8.87%
$DH	Lokal	-2,614	+30	-128	-195	+1.13%
$YJ	Lokal	-2,633	-120	-22	-82	-4.78%
$KI	Lokal	-2,874	+1	+249	+188	+0.03%
$HD	Asing	-3,260	-97	-94	-143	-3.07%
$FZ	Lokal	-3,301	-976	-978	-1,525	-41.98%
$BS	Lokal	-3,572	0	0	0	0%
$AI	Asing	-4,401	+61	-117	+89	+1.37%
$PG	Lokal	-4,506	0	0	+1	0%
$XL	Lokal	-5,380	+4,314	+1,305	+5,577	+44.5%
$NI	Pemerintah	-5,603	+695	+1,742	+294	+11.04%
$CD	Lokal	-5,646	+70	+95	+537	+1.22%
$BQ	Asing	-6,554	-216	-38	+155	-3.41%
$AZ	Lokal	-7,056	+401	+5,939	+6,328	+5.38%
$AF	Lokal	-7,350	0	0	0	0%
$EP	Lokal	-8,208	-540	-1,286	-3,883	-7.04%
$CP	Asing	-8,232	-464	-107	+39	-5.97%
$DX	Pemerintah	-10,313	0	+16	+126	0%
$TP	Asing	-12,836	+23	+67	-3,545	+0.18%
$LG	Lokal	-14,147	+58	+233	+746	+0.41%
$GR	Lokal	-16,089	-320	-736	-727	-2.03%
$KK	Asing	-20,307	+1,052	-1,921	-42	+4.93%
$DR	Asing	-20,476	+136	+1,234	+1,287	+0.66%
$XC	Lokal	-27,032	+1,514	+505	+1,209	+5.3%
$SQ	Lokal	-32,744	+1,128	+1,004	+1,197	+3.33%
$OD	Pemerintah	-35,423	+1,972	+238	-1,770	+5.27%
$YP	Asing	-114,366	-3,874	-5,501	-7,261	-3.51%

Catatan

06 Sep 2025
link - $GGRM PHK karyawan. Dari total COGS Rp40,58 triliun, beban pita cukai, PPN, dan pajak rokok mencapai Rp32,80 triliun. Itu artinya 80,90% dari COGS atau 73,90% dari revenue habis hanya untuk cukai. Pada 2024, beban ini bahkan Rp38,18 triliun atau 76,30% revenue.