PT Telkom Indonesia Research Articles

The Effects of Liquidity, Solvency, and Profitability on Stock Price (a Study in PT. Telekomunikasi Indonesia Tbk. Period of 2004-2018)

This study aims to determine the effect of liquidity, solvency and profitability on stock prices. The research was conducted at PT Telekomunikasi Indonesia Tbk during the period of 2004 - 2018. Through a multiple regression analysis, the effect of liquidity, solvency and profitability was investigated by measuring current ratio, debt to equity ratio, and return on assets effects on stock prices. The findings reveal that changes in liquidity, profitability, and solvency are able to explain the changes being occurred on the share price of PT Telkom Indonesia during the period. Out of the three determinants, profitability performance is the only determinant that has a significant impact on stock price. These findings indicate that profitability performance becomes one factor that is most considered by investors in making investment decisions. Further, the profitability performance is also able to provide positive signals to the investors regarding the company prospects in the future.

Financial Feasibility Study for New Investment in New Digital Product of PT Telkom Indonesia (Case Study: SKP Project)

SKP is an integrated stock management system application. With SKP, PT Telkom Indonesia provides solutions to business owners in the form of connectivity and services. Proper planning of business strategy is needed based on a proper feasibility study, so SKP project can generate economic benefits for PT Telkom Indonesia and all the stakeholders. SKP has not calculated the financial projections for it to proceed to the market and meet PT Telkom Indonesia regulation. A financial feasibility study would measure the revenue projection, and cost structure such as cash flow, balance sheet, and income statement projection. At the end of this model, there will be a conclusion of the feasibility of the project using internal rate of return (IRR), net present value (NPV), and payback period (PP) as parameters. If the project is feasible, there will be a sensitivity risk analysis to find out the most sensitive variable. According to feasibility test result, it is concluded that the SKP project can benefit PT Telkom Indonesia. This can be seen from the FCFF calculation which results in a positive NPV with a value of Rp 5.229.648.128, and IRR of 67,26% which is greater than the project WACC of 17,94%. From the payback period requirements set by PT Telkom Indonesia, the project is estimated to have a PP of 2,02 years. The result of SKP's financial projections is also supported by Monte Carlo simulations which show the effect of changes to influential variables, with simulation results show a possible NPV> 0 of 87,53%.

Sistem Informasi Monitoring Perjanjian Kerja Sama Berbasis Web Pada PT Dayamitra Telekomunikasi Jakarta

The development of the telecommunications world is developing very rapidly throughout the world and is no exception in Indonesia. The telecommunications business mostly involves companies providing equipment and providing telecommunications infrastructure, in this case, towers. PT Dayamitra Telekomunikasi or also known as Mitratel is a subsidiary of PT Telkom Indonesia. Tbk, which is engaged in providing telecommunications infrastructure in Indonesia. In carrying out its business activities, PT Dayamitra Telekomunikasi has collaborated extensively with external parties in terms of land use for the construction of telecommunications towers. Land use is currently divided into two land categories, namely private land and government land. The current condition in managing cooperative assets is still done manually or not systematically so that it is not effective and a monitoring information system is needed to monitor the use of assets listed in this cooperation document. The monitoring information system that will be created is web-based which will facilitate the user in monitoring, updating the status of the monetize point quota listed in the employment agreement document with the government. The software used in making this monitoring information system uses the PHP and MySQL programming languages.

THE INFLUENCE OF ORGANIZATIONAL CULTUREN AND LEADERSHIP STYLE ON EMPLOYEE WORK DISCIPLINE AT PT TELKOM WITEL SEMARANG

<p><em>The purpose of this research is to analyze the influence of organizational culture and leadership style toward employee work discipline. Collecting data in this research using questionnaries that distributed to 60 employees of PT Telkom Indonesia. The analysis technique is using multiple linear regression. The results of the analyze show that the regression equation Y=3.39440.509x1+0.524x2. In addition, the F test result of 59,89 was bigger than F table it was 2.77. The T test results of the variables organizational culture and leadership style was bigger than t table and has a significance less than level significance that is 0.05. Therefore, it can be concluded the independent variable organizational culture(x1) and leadership style (x2) has a positive dan significant influence toward employee work discipline (y) both partially and simultaneously. The most influence variable is leadership style (x2) with highest regression coefficient is 0.524. The result of the coeficient of determination (R Square) shows that 0.67 of 67% of independen variable are organizational culture and leadership style. Based on the analysis leadership style became the most influential variable, Therefore this study suggests applying a more assertive leadership style to employees of PT Telkom Witel Semarang.</em></p>

Analisis SWOT Implementasi Financial Technology Syariah pada PT Telkom Indonesia

The development of sharia financial technology (fintech syariah) is currently a benchmark of the rapid progress of the digital era. In general, everyone is familiar with the conventional financial technology used for everyday financial transactions. Along with that, PT Telkom Indonesia made a policy related to business of digital financial service, especially for fintech syariah for compliance, issuing syariah financial technology product aimed at developing fintech syariah telkom strategy to work on market opportunity in segments of Muslim society banked and unbanked by optimizing base Telkom Group as an early adopter and profiling customer. Having a sharia finance core that is reliable has features with flexibility access to financial services (USSD, SMS, mobile). Observing this in addressing the competition between conventional and sharia financial technology, this paper aims to implement the policy of financial technology that can understand the strengths, weaknesses, opportunities and challenges real in the context of asset management internally and externally through the development of studies of financial literature of sharia technology

Sistem Pendukung Keputusan Teknisi Terbaik PT.Telkom Indonesia Tanjungpinang Menggunakan Metode TOPSIS

Information is needed in the decision making process. Good and right decisions need to be supported by the availability of accurate, fast and relevant information. With such information, the head of an office or head of an institution or organization can get a complex and specific picture of a decision to be formulated. The decision will be efficient in terms of time because the data can be accessed instantly. In addition, the accuracy of the data is more guaranteed, so that decisions that are formulated will be more precise and can be formulated in a relatively short time. So far, PT Telkom Indonesia Tanjungpinang in making the decision to choose the best technician is not based on qualitative data comparing each existing criterion, so that the assessment is only carried out by the head of the office or asman by selecting the technician who he thinks is the best without considering the required criteria. So the assessment is only based on the results of voting votes and also the calculations carried out are also not computerized, so that old data is often lost from the books. With the Web-Based Best Technician Decision Support System to help the Head of the Office in dealing with the above problems, this system was created using the TOPSIS (Technique For Others Reference by Similarity to Ideal Solution) method with the PHP and Mysql programming languages ​​as the database, as well as the software modeling method using UML.

Analysis Of Stock Price At Pt. Telkom Indonesia Tbk Before And After Having Damage On Its Satelit

This study aims to determine the stock price of PT Telkom Indonesia Tbk before and after damage to the Telkom 1 satellite. In the telecommunications industry, it is very important to know the financial performance in order to achieve the company's goals. The main goal of the company is to maximize the value of the company. High company value can increase prosperity for shareholders, so that shareholders will invest their capital in the company. The value of the company is reflected in the stock price. In Indonesia the government has a telecommunications industry which is a State-Owned Enterprise (BUMN), namely PT. Telkom Indonesia Tbk, as the most complete information and communication company and telecommunication network service and provider in Indonesia. PT. Telkom Indonesia Tbk has a stock price which increases every year from year to year. Towards the end of 2017 PT. Telkom Indonesia Tbk suffered damage to the Telkom 1 satellite, so PT Telkom Indonesia Tbk transferred its network to Telkom 2 satellite. there is a significant difference in the stock price after the damage to the Telkom satellite 1. The stock price before the damage to the Telkom 1 satellite is Rp. 4,730,67 while the share price after the damage to the Telkom 1 satellite was Rp. 4,704.00, which means a stock price decline after the damage to Telkom 1 satellite. Keyword: Analysis, Stock Price.

PEMBENTUKAN DAN PENGUJIAN PORTFOLIO SAHAM-SAHAM OPTIMAL: PENDEKATAN SINGLE INDEX MODEL

Buying stock is one of the way investors do to obtain profit from their money. Every investor should consider two important things, return and risk. To minimize the risk, one can diversify their investment by creating optimal portfolio, which consists of different stocks with optimal return and certain degree of risk. The aim of this research was to establish and determine the optimization of optimal portfolio composed by LQ45 stocks over the period of February 2011 to January 2015. The research was trying to create optimal portfolio from thirty-eight non-financial companies stocks listed in LQ45 using single index model. From the research, the optimal portfolio is composed of TLKM (PT Telkom Indonesia Tbk), BMTR (PT Global Mediacom Tbk), JSMR (PT Jasa Marga Tbk), SSIA (PT. Surya Semesta Internusa Tbk), AKRA (PT AKR Tbk), MNCN (PT Media Nusantara Citra Tbk), WIKA (PT Wijaya Karya Tbk), ASII (PT Astra International Tbk), KLBF (PT Kalbe Farma Tbk), ASRI (PT Alam Sutera Realty Tbk), UNVR (PT Unilever Indonesia Tbk), ICBP (PT Indofood CBP Sukses Makmur Tbk), SMGR (PT Semen Indonesia Tbk), and only able to be used for six months. The optimal portfolio gives 0.242% returns for a week with 1.122 value of beta. Majority of the aggressive portfolio have higher return toward risk then portfolio moderate and conservative.

Company’s Pride Storytelling (Fantasy Theme Analysis of Psychology Approach Study to Community Communication of Pt Telkom Indonesia Retiree)

There are several factors influencing neglect dwindling loyalty such as the commitment of the company towards its employees, and the impact on employee loyalty. This research focused on aspects which influenced the pride of being the employees of PT Telkom so that the employee work optimally, concentrate, expressed thoughts, ideas, spent effort and time in accordance with the company objectives expected to end his tenure. This research used Ernest1 Fantasy Theme Analysis method through storytelling among PT Telkom Indonesia's retiree community. This research emphasized the main rule of communication become the primary medium in the internalization of the values that make the retirees proud of their company. The data collection was engineered by: Focus Group Discussion (FGD) and Focus Group Interviews (FGI). The purposes of this researched were to investigate: (1) what makes employees feel proud of their organization. (2) what sort of communication activities that organization do so that the employees become loyal. The results of this research showed that pride at organization located on two aspects: there was (a) Employees pride towards the company: (1) Feeling proud because the company has standard in recruiting employees. (2) Feeling proud because they were awarded in the form of pension funds. (3) Feeling proud of because the company has a clean governance and transparent (4) Feeling proud because company has contributed towards the development of Indonesia. (b) the communication activities conducted by the company: the unification of diversity of background activities employees performed with the events 'Bintal’ (Mental instilling Program) the more similar socio-cultural background of each individual then their communication will be more effective. (2) the naming of building in University Telkom by using the name of the most outer islands that have been explored by retired member of Telkom. (3) Give special time for employees retired to give the story its experience and advice for the aspiring leader at Telkom. This research contributes to the development of the science of social psychology and communication studies that strengthened the connection between pride in the company with loyalty at the company. Originality in this study lies in the use of methods Fantasy The (Fantasy Theme Analysis, Symbolic Cue, Fantasy Type, Saga) with the technique of storytelling by employees retired member of Telkom Indonesia.

Pengaruh Kompensasi, Motivasi Karyawan, dan Komitmen Organisasi Terhadap Kinerja Karyawan

AbstractThis research examined the effect of compensation, employees motivation and organizational commitment to employees’ performance at PT Telkom Indonesia Tbk. Bandung. This study took samples of 56 out of the 146 employees at PT Telkom Indonesia Tbk. Bandung from the Division of Resources Management. Data collected through reviewing literature and field observations such as the distribution of questionnaires. Meanwhile, the sampling technique was done by using purposive sampling method. The test’s results of using multiple regression partially (t test) showed that compensation (X1) had influence on the performance, motivation (X2) did not affect the performance, and organizational commitment (X3) had influence on the performance (Y). While simultaneously (F test) showed that there was an influence between X and Y. Result of the coefficient of determination showed that th e independent variables are compensation, motivation, and organizational commitment simultaneous effect was 37.2% on performance. Keywords: Compensation, Employees Motivation, Employees Performance, and Organizational Commitment  Â

PENGARUH KOMPETENSI DAN DISIPLIN KERJA TERHADAP KINERJA KARYAWAN PADA PT TELKOM INDONESIA WITEL MEDAN

This study aimed to determine the effect of competence and discipline on employee performance provided by the Company PT Telkom Indonesia Witel Medan. PT Telkom Indonesia Witel Medan is the State Owned Enterprises engaged in the field of information and communication as well as service providers and telecommunications networks. Data collected through interviews and questionnaires. The total sample of 76 respondents were taken Proportionate Stratified Random Sampling. The results showed that the competence and discipline positive and significant effect partially on employee performance. Simultaneous test shows that the competence and discipline significant influence on employee performance. The coefficient of determination (R2) of 0.520 suggesting that variations in the performance of employees can be explained by changes in the competence and discipline of work by 52 percent, while 48 percent is explained by other variables not included in this study.

PEMBENTUKAN DAN PENGUJIAN PORTFOLIO SAHAM-SAHAM OPTIMAL: PENDEKATAN SINGLE INDEX MODEL

Buying stock is one of the way investors do to obtain profit from their money. Every investor should consider two important things, return and risk. To minimize the risk, one can diversify their investment by creating optimal portfolio, which consists of different stocks with optimal return and certain degree of risk. The aim of this research was to establish and determine the optimization of optimal portfolio composed by LQ45 stocks over the period of February 2011 to January 2015. The research was trying to create optimal portfolio from thirty-eight non-financial companies stocks listed in LQ45 using single index model. From the research, the optimal portfolio is composed of TLKM (PT Telkom Indonesia Tbk), BMTR (PT Global Mediacom Tbk), JSMR (PT Jasa Marga Tbk), SSIA (PT. Surya Semesta Internusa Tbk), AKRA (PT AKR Tbk), MNCN (PT Media Nusantara Citra Tbk), WIKA (PT Wijaya Karya Tbk), ASII (PT Astra International Tbk), KLBF (PT Kalbe Farma Tbk), ASRI (PT Alam Sutera Realty Tbk), UNVR (PT Unilever Indonesia Tbk), ICBP (PT Indofood CBP Sukses Makmur Tbk), SMGR (PT Semen Indonesia Tbk), and only able to be used for six months. The optimal portfolio gives 0.242% returns for a week with 1.122 value of beta. Majority of the aggressive portfolio have higher return toward risk then portfolio moderate and conservative.

PERHITUNGAN NILAI BETA DARI BEBERAPA SAHAM UNGGULAN DI INDONESIA DENGAN MENGGUNAKAN METODE GARCH

The objective of investment in the capital market is to acquire dividends and capital gain. The fact proves that the advantage of investation risky assets is uncertain . This is because of the difficulty in analyzing and predicting Return and stock losses due to factors that affect the movement of the stock price , such as economic factors , political , social , and security. The model can be used by investors in predicting stock returns expected that Generalized Autoregressive Conditional Heteroscedaticity (GARCH). In this study calculations beta value of some leading stocks in Indonesia by using Generalized Autoregressive Conditional Heteroscedaticity (GARCH) are presented . The data used this search is secondary data covering daily data sampled 5 shares of PT Unilever Indonesia Tbk , PT Indosat Tbk , PT Indofood Sukses Makmur Tbk , PT Telkom Indonesia Tbk , PT Holcim Indonesia Tbk. From the results described fifth beta value of these shares using the method GARCH beta greater than the market in the period from 23 September 2013 until 24 September 2014.

PERBANDINGAN KEEFISIENAN METODE NEWTON-RAPHSON, METODE SECANT, DAN METODE BISECTION DALAM MENGESTIMASI IMPLIED VOLATILITIES SAHAM

Black-Scholes model suggests that volatility is constant or fixed during the life time of the option certainly known. However, this does not fit with what happen in the real market. Therefore, the volatility has to be estimated. Implied Volatility is the etimated volatility from a market mechanism that is considered as a reasonable way to assess the volatility's value. This study was aimed to compare the Newton-Raphson, Secant, and Bisection method, in estimating the stock volatility value of PT Telkom Indonesia Tbk (TLK). It found that the three methods have the same Implied Volatilities, where Newton-Raphson method gained roots more rapidly than the two others, and it has the smallest relative error greater than Secant and Bisection methods.