Flooring Guide by Cinvex – , JAKARTA—Forget waiting for the typical ‘window dressing’ rally; certain stocks, including those linked to prominent figures like Haji Isam, Asep Sulaeman, and Happy Hapsoro, have already cemented their status as this year’s top multibagger stocks.
For context, window dressing is a common practice where investment managers strategically adjust their portfolios at the close of quarterly or annual reporting periods to enhance their performance metrics. This financial maneuvering typically occurs towards the end of these periods.
However, bucking this conventional trend, several stocks have delivered phenomenal returns, earning them the coveted title of multibaggers. A multibagger stock is one that has seen its price surge by over 100%. Astonishingly, Bloomberg data from the close of trading on Friday, October 3, 2025, reveals that some of these exceptional stocks have escalated by thousands of percent over the course of 2025.
: Jurus Cuan Deretan Saham Multibagger Milik Taipan DCII, DSSA, hingga BRPT
Leading this impressive list is PT Pradiksi Gunatama Tbk. (PGUN), which has seen its share price skyrocket by an astounding 4,239.62% this year, reaching Rp18,400. PGUN, a prominent palm oil plantation and processing issuer, is notably owned by Haji Isam, also known as Andi Syamsudin Arsyad. His substantial stake in PGUN is held through PT Citra Agro Raya (38.25%) and PT Araya Agro Lestari (38.44%), both of which are recorded as part of PT Jhonlin Agro Raya Tbk. (JARR).
JARR itself has not lagged, also achieving multibagger status with a remarkable 1,270.97% surge, pushing its price to Rp4,670. Haji Isam’s significant control over JARR is exercised via PT Eshan Agro Sentosa, which commands an 86.64% stake. According to its official website, PT Eshan Agro Sentosa operates as an integrated sub-holding company within the palm oil business.
: : Saham Konglomerat Multibagger CDIA, MLPT, DSSA, DCII Gendong IHSG ke Atas 8.000
Beyond Haji Isam’s ventures, Happy Hapsoro also stands out as a key figure behind other multibagger success stories. His influence is evident through PT Bukit Uluwatu Villa Tbk. (BUVA), whose shares soared by 934.48% in 2025 to reach Rp750. Happy Hapsoro holds a 7.91% ownership stake in this issuer, which operates in the dynamic hotel and cruise ship sectors.
Another prominent investor making waves is Asep Sulaeman, whose significant involvement in PT Bersama Zatta Jaya Tbk. (ZATA) has propelled its shares to new heights. This issuer, engaged in holdings, textile trading, and footwear, witnessed an impressive 822.22% jump, closing at Rp73. Asep Sulaeman’s stake in ZATA is managed through PT Lembur Sadaya Investama, which holds a controlling 68.71%.
: : Saham Multibagger, Cek Prospek Emiten Afiliasi Hashim Djojohadikusumo WIFI
Meanwhile, the broader market also showed positive momentum. The Jakarta Composite Index (IHSG) registered a modest weekly increase of 0.23%, closing at 8,118.30 during the trading period from September 29 to October 3, 2025.
“Reinforcing this positive outlook, the market capitalization of the Indonesia Stock Exchange (BEI) expanded by 1.29%, climbing to Rp15,079 trillion from Rp14,888 trillion the previous week,” stated Kautsar Primadi Nurahmad, Corporate Secretary of BEI, on Saturday, October 4, 2025.
Further details from the BEI showed several key metrics on the rise. The average daily transaction frequency for the week saw a 6.68% increase, reaching 2.62 million transactions, up from 2.46 million the week prior. Similarly, the average daily trading volume on the exchange grew by 5.61% to 49.72 billion shares, compared to 47.08 billion shares in the preceding week. However, the average daily transaction value for BEI experienced an 11.24% decline, settling at Rp25.02 trillion from Rp28.19 trillion a week earlier.
Disclaimer: This news article is not intended to encourage the buying or selling of stocks. Investment decisions are solely at the discretion of the reader. Bisnis.com is not responsible for any losses or gains arising from the reader’s investment choices.
Summary
Several stocks linked to prominent billionaires like Haji Isam, Happy Hapsoro, and Asep Sulaeman have already achieved “multibagger” status this year, delivering phenomenal returns far surpassing typical market trends. PT Pradiksi Gunatama Tbk. (PGUN), owned by Haji Isam, led with an astounding 4,239.62% surge, while JARR, also linked to him, climbed 1,270.97%. Happy Hapsoro’s PT Bukit Uluwatu Villa Tbk. (BUVA) saw a 934.48% rise, and Asep Sulaeman’s PT Bersama Zatta Jaya Tbk. (ZATA) jumped 822.22%.
In the broader market context, the Jakarta Composite Index (IHSG) registered a modest weekly increase of 0.23%, closing at 8,118.30 between September 29 and October 3, 2025. This positive trend was reinforced by a 1.29% expansion in the Indonesia Stock Exchange’s market capitalization, reaching Rp15,079 trillion. Average daily transaction frequency and volume also increased, though the average daily transaction value experienced an 11.24% decline.