February 21, 2024
Pontianak, February 21 2024. PT Indonesia Vehicle Terminal Tbk (IPCC) held an Issuer Talk and Site Visit activity with capital market investors in the West Kalimantan region by collaborating with PT Pelabuhan Indonesia Investama (PII) as the event organizer. The routine agenda for the IPCC Issuer Discussion, which took place at the Golden Tulip Hotel Pontianak, featured the Main Director of the IPCC, the Head of the Indonesian Stock Exchange (BEI) West Kalimantan Region, and the General Manager of Pelindo Regional 2 Pontianak.
"We appreciate IPCC for this activity because it has the potential to create new investors and provide education for investors who already own IPCC shares. Education related to investment like this is important and needs to be carried out regularly because it has an impact on both the company and investors. "Considering that the West Kalimantan region is the region with the largest transactions compared to other Kalimantan regions," said Taufan Febiola as Head of the BEI West Kalimantan Region.
Taufan also added that the Pelindo merger was a good breakthrough for BUMN. This can all be seen from the growth of IPCC issuers, which are growing fast and are even able to recover quickly after the pandemic. IPCC is a hidden gem for BUMN. This could be a reference for investors in Pontianak to own IPCC shares. Taufan hopes that in the future there will be other BUMNs investing in Pontianak.
The IPCC delivered a performance presentation delivered by the Main Director of the IPCC, Sugeng Mulyadi. He conveyed an introduction to the company which is part of the Pelindo Group and has a business as a vehicle terminal manager by sharing the facilities it owns.
"Prior to the Pelindo merger, IPCC had been operating at Tanjung Priok Port (North Jakarta) and Pontianak Port. After the Pelindo merger, there were several additional IPCC operational areas, namely at Belawan Port (Medan), Makassar Port and Semayang Port (Balikpapan). "In the future, terminal operations will also be expanded in the Eastern Indonesia area." Sugeng explained.
Sugeng also added that IPCC wants to provide information regarding IPCC's business prospects to potential investors and stakeholders. In 2024, IPCC will consistently fulfill its vision as a world class car terminal ecosystem and become an integrated car terminal network in Indonesia.
In his presentation, Sugeng conveyed various programs that would be implemented in 2024 to increase revenue and encourage an increase in IPCC's net profit. In line with these efforts, it is hoped that IPCC's share price will return to the figure at the time of the IPO and is committed to distributing dividends every year, considering that IPCC's financial performance also increases every year. Sugeng also emphasized that IPCC is one of the issuers that does not have debt such as bonds and others, so IPCC has very good cash liquidity. "To increase share prices, our target is in 2024 with the current bottom line being higher than at the time of the IPO, so the IPCC is confident that in 2024 it will be higher, or at least equal to the IPO price." Close Sugeng.
