Beyond IHSG

Global investors are completely blind to Southeast Asia’s biggest growth story. - 4th largest population 🌐 -World's largest nickel reserves 🔋 - One of the most under-analyzed equity markets 📉 We’re here to change that. Beyond IHSG brings institutional-grade research on Indonesian equities straight to your inbox. Follow and stay tune for more . . .

The most interesting part of S&P's Indonesia report isn't the rating. It's the reversal. In late May, S&P warned that Indonesia's export centralization plans created "downside uncertainty." Six weeks later, they're citing those same policies — DHE SDA export proceeds rules, resource sector consolidation — as potential revenue strengtheners. What changed? Execution started showing up in the data. Revenue +21% in H1. Rupiah stabilizing. Commodity receipts flowing. Policy skepticism turns into policy credit when the numbers arrive. November's MSCI review is next. $IHSG #Indonesia #EmergingMarkets 🇮🇩

S&P just affirmed Indonesia's credit rating: BBB, outlook STABLE. Why this matters more than it looks: Moody's cut Indonesia's outlook to negative in February. Fitch did the same in March. S&P looked at the same country and said: stable. Their reasoning: → Growth holding at ~5% through 2029 → Government revenue +21.4% in H1 2026 → Fiscal deficit staying under the 3% anchor → BI's aggressive rupiah defense: "appropriate" The rupiah strengthened on the news. One agency breaking from the downgrade narrative is how sentiment turns. $IHSG #Indonesia #EmergingMarkets 🇮🇩

Why Indonesia's B50 matters beyond palm oil: This is the world's largest palm oil producer redirecting 30% of its production to domestic energy — by policy, permanently. The strategic logic: → Energy independence: no more diesel imports → Current account: less USD pressure → Jobs: 2.21M workers in the program → Emissions: -46.7M tons CO2/year The risk to watch: export levy now at 12.5%. If funding pressure pushes it higher, gains could get squeezed back from planters. But the direction is clear — Indonesia is turning its biggest commodity into its energy backbone. Domestic demand > export dependence. That's the entire EM maturation story in one policy. $IHSG #Indonesia #B50 #EnergyTransition #EmergingMarkets 🇮🇩

@ValuableBill Buy on weakness, sell on strength 😉

@BeyondIHSG Wah iya, tapi udah pada front run dan sell on news ya kayanya?

Who benefits from Indonesia's B50 mandate? Analysts flag three layers: 1️⃣ Upstream planters (CPO price exposure): $AALI $LSIP — pure price beneficiaries 2️⃣ Integrated players (plantation + biodiesel): $TAPG $DSNG — CGS & Indo Premier top picks, dividend yields est. 10-12% 3️⃣ FAME producers (direct mandate exposure): $SMAR $TBLA $JARR — biodiesel is 21-82% of their revenue Sector-wide: Q2-Q3 2026 earnings projected +41% and +29% QoQ. CPO price target: MYR 4,600-5,000/ton. Sector rating upgrades: Neutral → Overweight. One policy. Entire value chain repriced. #CPO #PalmOil #Indonesia $IHSG 🇮🇩

Indonesia just changed the palm oil game. B50 biodiesel mandate went live July 1 — half of every liter of diesel sold in Indonesia now comes from palm oil, not imported crude. The numbers: → CPO absorption for biodiesel: jumps from 11-14M tons to ~20M tons/year → That's ~30% of national CPO production locked into domestic demand → Diesel imports eliminated: ~5M tons/year → Global CPO supply effectively cut ~4% Structural demand shift. Not a one-off. $IHSG #Indonesia #PalmOil #CPO #B50 #EmergingMarkets 🇮🇩

@kompascom True!

Seskab Teddy: Pemerintah Harus Cari Cara agar Mahasiswa yang Sudah Lulus Bisa Langsung Kerja

Course correction on MSCI. Last week we said Indonesia "stays EM" — true, but incomplete. What actually happened: MSCI kept Indonesia in Emerging Market, but issued a clear warning — without meaningful transparency progress by the November 2026 review, they may open consultation on reclassifying Indonesia to Frontier Market. $IHSG fell 3.56% on the announcement day. It's now down ~4.5% for the week, testing 5,800 support. This is not the clean resolution markets were hoping for. It's a probationary period. The thesis isn't broken. But it's more nuanced than "crisis averted." $IHSG #Indonesia #EmergingMarkets 🇮🇩

@kompascom Not good. They need to be professionals, not soldiers who just obey commands from above

Latsarmil Calon Manajer Kopdes Diubah Jadi Pembekalan Bela Negara dan Manajerial Baca di nasional.kompas.com/read/2026/06/2…

@steve_hanke Thank you for your service professor 🫡

#IDNWatch🇮🇩: Indonesia's mixed subsidy fuel system is creating long queues at the gas pump. As Suharto's Chief Econ Advisor, I recommended the elimination of fuel subsidies in 1998. IF ELIMINATED IN 1998, FUEL SUBSIDIES AND CHAOS AT THE PUMP WOULD HAVE BEEN ANCIENT HISTORY.

@Hedgeye Not all knowledge, wisdom, and 'shortcuts' published on the internet 😉

BREAKING: Ford rehires more than 300 "veteran" engineers after AI failed to match their skills and experience.

$IHSG technical setup this morning. ATH: 9,174 (January 2026) Low: 5,317 (June 8, 2026) Current: 5,869 If today holds above the 5,317 low and we see buying interest return — that's a higher low forming on the chart. Higher low = potential trend reversal signal. The fundamental catalyst is also in place: MSCI confirmed Indonesia stays in Emerging Market last night. Technicals + fundamentals aligning. $IDX #Indonesia #EmergingMarkets #valueinvesting

@DearS_o_n Keep working and work out 😉

As a man, during your darkest period, what was the best thing you ever did for your mental health? Please be HONEST.

#IDNWatch🇮🇩: Yesterday, Indonesian Pres. Prabowo announced plans to shut down OVER 800 underperforming state-owned businesses. IT'S ABOUT TIME. As President Suharto's Chief Economic Advisor in 1998, I recommended shutting down SOEs.

@steve_hanke Spit on professir. SOEs were very prone to corruption and killing private sectors, eroding the economic growth in the long run 👎🏼

What MSCI's EM confirmation means for $IHSG: ✅ Worst-case scenario officially ruled out ✅ Institutional selling pressure from classification risk: ends today ✅ Foreign investors can now focus on fundamentals, not classification fear What's still in progress: → Index freeze: status TBC If lifted = passive fund buying restarts If maintained = slow but stable recovery Either way, the single biggest cloud over Indonesia's market just cleared. Recovery path: analysts see IHSG at 6,500–7,200 in the months ahead. Current level: ~6,100. Room to run: +7% to +18%. #Indonesia #EmergingMarkets $IHSG #saham

CONFIRMED: Indonesia stays in MSCI Emerging Market. The single biggest uncertainty hanging over $IHSG in 2026 is now resolved. No downgrade to Frontier Market. No $13 billion forced outflow. No catastrophic passive fund selling. Indonesia fought for this status. 17 of 18 accessibility criteria: positive. 11 qualifying stocks vs MSCI minimum of 1. The overhang is gone. $IDX #Indonesia #EmergingMarkets #saham #pasarmodal #CapitalMarkets

@steve_hanke RIP legend 🫡

Today, Alan Greenspan, who served as Fed Chair from 1987 to 2006, met the Grim Reaper at the ripe age of 100. During his tenure, US Core PCE inflation averaged 2.4%/yr, while M2 money supply grew at an average rate of ~4.9%/yr. Greenspan controlled the money supply & inflation.

@clintoptions A fact that not many peoples knew and agree 😉

I have a secret to share After your first $2–$3 million, a paid off home and a good car, there is no difference in quality of life between you and Jeff Bezos. Both of you have limited amount of time on earth; you have twice if not more than Jeff, so you are richer than him. A cheeseburger is a cheeseburger whether a billionaire eats or you do. Money is nothing but a piece of paper or a number in your app. Real life is outdoors. Become financially independent; that’s usually 2–3mil. Have good food. Enjoy the relations. Workout. Sleep well. Call your parents. That’s all there is to life. Greed has no end. Repeat after me: Time is the currency of life. Money is not. Sooner you figure this out, happier you will be.