PT Guna Timur Raya Tbk Leads Weekly Gainers as TRUK Shares Surge 87.1 Percent
PT Guna Timur Raya Tbk (TRUK) secured the top position among top gainers on the Indonesia Stock Exchange (IDX) after its share price jumped 87.1% between October 19 and October 23, 2026. investor.id reported that the trucking company’s shares climbed to Rp 6,025 from Rp 3,220 the previous week—marking a gain of Rp 2,805 per share amid a broader market recovery where the Jakarta Composite Index (IHSG) rose 4,9% to 5.439,2.
The stellar weekly performance crowns an extraordinary run for early investors Andry Hakim and Gabriel Rey, who collectively amassed a 20% stake in the transport firm at just Rp 428 per share. According to investor.id, PT Pukul Rata Kanan—owned by Gabriel Rey—acquired 65,250,000 shares representing a 15% stake for Rp 27,9 miliar, while Andry Hakim’s Hakimson Growth Capital purchased 21,750,000 shares representing 5% for Rp 9,3 miliar. Despite broader Indonesian market turbulence triggered by a proposed MSCI status downgrade from emerging market to standalone market, TRUK shares skyrocketed 1,307% from their initial purchase price.
Andry Hakim gains Rp 121 billion from TRUK investment
The exponential price ascent propelled Andry Hakim’s initial investment of Rp 9.3 billion to a staggering market value of Rp 131 billion, locking in a cumulative gain of Rp 121 billion, or 1.307%. Emitennews.com noted that TRUK led the weekly top gainers classification ahead of other surging equities such as PT Pudjiadi & Sons Tbk (PNSE), which rose 70.57% to Rp 655, and PT Widodo Makmur Unggas Tbk (WMUU), which climbed 63.64% to Rp 36. Koridor.co.id confirmed that the wider market added Rp 426 trillion in capitalization as blue-chip anchors like PT Bank Mandiri (Persero) Tbk (BMRI) and PT Telkom Indonesia (Persero) Tbk (TLKM) also drove the index upward.
However, ordinary retail trading in the stellar performer cannot continue for now. The Indonesia Stock Exchange has placed the shares under a temporary trading suspension (suspend). Prior to the suspension, investor.id documented that TRUK operated roughly 90 transport trucks with previous intentions for fleet expansion, though regulatory filings and exchange monitoring have temporarily halted market liquidity.
Andry Hakim hints at undisclosed corporate plans
Addressing the company’s future trajectory during a Stockbit podcast appearance cited by investor.id, Andry Hakim acknowledged existing fleet figures while hinting at deeper corporate changes. “If it’s me and Gabriel Rey, there is another plan. But we can’t talk about it yet,” Hakim stated, while also opening the possibility of expanding their combined equity position over time under an existing agreement.
When pressed on whether a change in corporate control or a pivot in the core transportation business model is imminent, Hakim withheld definitive details, noting only that numerous developmental opportunities remain available within the firm. Meanwhile, Bisnis.com reported that baseline market activity across the IDX saw 506 stocks advance and total regular market turnover stay high, highlighting the contrasting liquidity conditions between index heavyweights and concentrated portfolio winners like TRUK.
Frequently Asked Questions About the TRUK Share Surge
Why did the Indonesia Stock Exchange suspend trading of TRUK shares?
The IDX placed TRUK under a temporary trading suspension following an extraordinary 87.1% weekly price surge and a cumulative 1,307% appreciation from its acquisition price, though specific regulatory triggers for the halt were noted through standard exchange monitoring data reported by investor.id.
How much did the core investors initially spend to acquire their 20% stake?
Gabriel Rey’s PT Pukul Rata Kanan spent Rp 27.9 billion for a 15% stake, while Andry Hakim’s Hakimson Growth Capital invested Rp 9.3 billion for a 5% stake, buying in at Rp 428 per share according to investor.id.
What other stocks joined TRUK at the top of the weekly gainer standings?
Emitennews.com reported that PT Pudjiadi & Sons Tbk (PNSE) and PT Widodo Makmur Unggas Tbk (WMUU) followed TRUK closely, posting gains of 70.57% and 63.64% respectively during the October 19–23 trading window.
What did Andry Hakim reveal about future operational changes at Guna Timur Raya?
During a Stockbit podcast cited by investor.id, Hakim stated that he and Gabriel Rey hold undisclosed strategic plans for the transport firm and possess an agreement allowing them to potentially increase their shareholdings over time.
“Gabriel Rey and I have other plans. But we can’t talk about them yet.”
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