Fried stocks this time are being hotly discussed in the world, including Indonesia, which is also discussing this news. Recently, one of the largest stocks in India, the Adani Group, is experiencing a major problem that has made President Joko Widodo also highlight this case. How is it going? Check out the information below. President Joko Widodo is highlighting the case regarding the fried stock scandal. The reason is because there is a scandal carried out by the India-based Adani Group. The reason is, Adani Group's shares are being hit by a case of stock manipulation. 


Jokowi does not want the scandal to repeat itself in Indonesia. Because previously the same problem had befallen the Indonesian stock exchange. The case also caused a lot of losses, even up to tens of trillions to the loss of the country! The case is none other than two financial companies owned by SOEs, Asabri and Jiwasraya. The masterminds behind this major scandal in this country were carried out by Heru Hidayat and Benny Tjokrosaputro (Bentjok). The total losses of each company are IDR 22.7 trillion and IDR 16.8 trillion, so that the total loss reaches IDR 39.5 trillion. The total is a fantastic loss that causes the country to also suffer losses due to the scandal. 

 

saham gorengan
Indian fried stock scandal

 


The scandal experienced by the Adani Group was due to a report from a US investment company, Hindenburg Research which accused the Adani Group of manipulating accounting for their own shares. Suddenly, this made Jokowi even more worried and gave the OJK the task to more intensively supervise the financial industry from micro to macro. Former CEO of Jawa Pos Group, Dahlan Iskan also highlighted the case of the Adani Group. Based on the information we quoted from the cnbcindonesia.com website, Dahlan noted that the case that befell the Adani Group had occurred since January 24. 


The Indian stock manipulated shares based on the results of research from Hindenburg. Then the Adani Group denied the allegations from Hindenburg, but apparently the public believed more in Hindenburg. According to reports, there are 11 companies from the Adani Group that continue to plummet until they touch a nominal loss of up to US$110 billion. To the anger of the Indian people, the company owes to state banks and insurance with a total debt of Rp 400 trillion. The stock condition was also exacerbated by Hindenburg which participated in an open short sale. Furthermore, Jokowi asked the IDX to create a monitoring board that specifically monitors the movement of fried stocks in Indonesia to prevent the same incident from happening again in this country. 


Get to Know the Characteristics of Fried Stocks 


Fried stocks are stocks that are managed by many people to maintain the stock price. Usually the people in these stocks are people who want to have greater profits from retail (bookmakers). By recognizing the characteristics of fried stocks, you can be more careful in choosing stocks for you to use as an investment. The following are the characteristics of fried stocks.


  1. inappropriate trading volume, where the stock volume is larger than the shares of well-known issuers.

  2. Usually controlled by new issuers, because of the cheap stock price, there are usually many games that are often played by fried stocks.

  3. An unreasonable price increase, if most of the stock issuers rise gradually, fried stocks rise by more than 10%, then it is certain that the shares are controlled by bookmakers.


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