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Red and White Laptop, Opportunity Zyrex (ZYRX) Turn Performance?

Bisnis.com, JAKARTA — Shares of listed hardware and computer manufacturer PT Zyrexindo Mandiri Buana Tbk. (ZYRX), aka Zyrex, stepped on the gas in the last trading session this week, Friday (23/7/2021).

Within a day, ZYRX shares have climbed 24.79 percent to the position of Rp730 per share. This is the seventh consecutive day of rallying Zyrex, which since going public at the end of March 2021, has managed to accumulate share price increases of up to 2,820 percent.

This massive stock gain occurred after Zyrex was found to be involved in a laptop procurement project from the government. The statement by the Coordinating Minister for Maritime Affairs and Investment (Menkomarves) Luhut Binsar Pandjaitan on Thursday (22/7), which said that the Dikti Edu-branded laptop project had made rapid progress, making investor expectations of ZYRX’s performance increase wildly.

“I think it’s good if this [laptop Dikti Edu] start to be launched. Because with the number of purchases [anggaran penggunaan produk teknologi dalam negeri] worth IDR 17 trillion in the last few years, I think we can build our own industry,” Luhut said in an online presentation, Thursday (22/7).

Dikti Edu is a candidate for a domestically made laptop product, previously known as the Merah Putih laptop project.

Zyrex is involved in this project with five other domestic technology device manufacturers, namely PT Tera Data Indonesia, PT Supertone, PT Evercoss Technology Indonesia, PT Bangga Teknologi Indonesia, and Acer Manufacturing Indonesia.

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