The Effect of toll rates to Jasa Marga’s Stock Price
Toll road is a free way to shorten the distance and travel time in driving. When sentence above refers to the description of the toll road which is a freeway, maybe for a while we disagree with this description. When seeing in developing cities, there are times when the toll road is jammed. It shows that vehicle users in Indonesia was increased and so will Jasa Marga will increase the price of toll rate? Yes, currently Jasa Marga is planning to increase toll rates on several toll roads.
The 15 toll roads with adjusted tariffs are Makassar Section IV, Gempol-Pandaan, Cikampek-Palimanan, Bali Mandara (Nusa Dua-Ngurah Rai-Benoa), Jakarta Inner City Toll Road, Surabaya-Gempol, Palimanan-Plumbon-Kanci, Belawan-Medan-Tanjung Morawa, Serpong-Pondok Aren, Tangerang-Merak, Ujung Pandan Phases I and II, Jakarta-Tangerang, Jakarta-Bogor-Ciawi, Padalarang-Cileunyi, and Cikampek-Purwakarta-Padalarang.
Following the highest traffic volume data in 2017:

Rate of Tol Sudyatmo, Kapuk Muara Jakarta Utara :

If we generalize The Sudayatmo Toll rate is the same as some other toll rates, then we can assume the following :


Based only 3 tolls, PT Jasa Marga can increase revenue about ±471,583,967,250 IDR.
This act can drive the company’s revenue growth. Revenue related with net income for the period that affect stock price. The more higher the net income, the more increase stock price and the otherwise. If net income increases, the value of dividens distributed by the company will be even greater.
“The most important quality for an investor is temperament, not intellect.”
Warren Buffett
Source :
http://bpjt.pu.go.id/berita/5-jalan-tol-dengan-volume-lalu-lintas-tertinggi-tahun-2017
https://ekonomi.kompas.com/read/2019/02/12/070700626/bakal-naikkan-tarif-15-ruas-tol-bagaimana-rekomendasi-saham-jasa-marga-
https://id.wikipedia.org/wiki/Jalan_Tol_Jakarta%E2%80%93Tangerang
http://www.jasamarga.com/public/id/infolayanan/toll/ruas.aspx?title=Surabaya%20-%20Gempol
Good Article Padlih, Let’s Do RTI .. Read Think and Invest. How Much Money Will You Invest?? Let’s Start Now.
Yes, lets do it Pak Yuna
i think with this policy, JSMR will increase and reach 5200.
haha i want to make sure first before invest Pak Yuna
are u already invest at Jasa Marga?
That is interesting thought to think about. Nice mas padlih.