Investors may not find a good price at the level now, because they would be big jump after election. If you buy too late, you may buy the jump price, which would be less profit. That's if "the whale" want to keep the price down again, usually they won't do that.
Actually milestones a 10 trillion rupiah is nothing compare to other big stock exchange in region. That's because also our currency not so strong. The milestones should be a trillion dollar, and would pass if Rupiah around 10.000 to the US dollar, but now still weaken around 14.000 to the US dollar.
Indonesia is not a good exporter like China or other developed country who can keep their currency strong again US dollar. Our demand to the dollar very high, especially to cover the domestic need. Dollar also a save haven investment and many Indonesian more likely keep dollars than rupiah.
If one dollar was two thousand, the 10 trillion rupiah would be 5 trillion dollar, and that's hard to go back to two thousand again. Even re-denomination rupiah couldn't help also the weak of rupiah value. All based upon economy performance against developed country, still need big investment to catch up.
Foreign investor should see this milestones a good sign to invest or buy stock. Although keep an eye also to the external factor, like US China trade war. Still the prospect on Indonesia economy can be positive, and don't wait until the election over.
