Terms of Use

Last Updated: September 10, 2026

These Terms of Use (“Terms”) govern your access to and use of Mikirduit US, including us.mikirduit.com, newsletters, memberships, research, articles, tools, data, community features, and other services offered through the platform.

Mikirduit US is a global financial research publication operated by PT Mikir Duit Indonesia, an Indonesian company (“Mikirduit,” “we,” “us,” or “our”). Our editorial coverage focuses primarily on U.S. stocks and financial markets, while our content is available to readers worldwide.

By accessing or using Mikirduit US, you agree to these Terms. If you do not agree with these Terms, you should not use the service.

1. About Mikirduit US

Mikirduit US is a global financial research and publishing platform focused primarily on U.S.-listed companies and U.S. financial markets.

Our coverage may include:

• individual U.S. stocks;
• company earnings;
• valuation;
• corporate actions;
• dividends;
• mergers and acquisitions;
• share buybacks;
• capital raising;
• management changes;
• sector developments;
• macroeconomic trends;
• Federal Reserve policy;
• interest rates;
• inflation;
• labor-market data;
• Treasury yields;
• commodities;
• currencies;
• exchange-traded funds;
• other developments that may affect U.S. equities and global investors.

Our content is intended for a global audience seeking to better understand U.S. stocks, company fundamentals, earnings trends, valuation, market developments, and investment strategy.

Mikirduit US operates as a financial research and publishing service and does not provide individualized portfolio management or personalized investment advisory services.

2. Informational and Educational Purpose

All content published by Mikirduit US is provided for general informational, research, and educational purposes only.

Nothing published by Mikirduit US should be interpreted as personalized:

• investment advice;
• financial advice;
• legal advice;
• tax advice;
• accounting advice;
• portfolio management advice.

Our content is not tailored to any particular user’s:

• financial condition;
• investment objectives;
• portfolio;
• risk tolerance;
• tax circumstances;
• investment horizon;
• liquidity needs;
• personal circumstances.

You are solely responsible for determining whether any investment, security, strategy, or financial decision is appropriate for your own situation.

3. No Investment Adviser Relationship

Your use of Mikirduit US does not create an investment adviser-client, fiduciary, broker-client, financial planner-client, or similar professional relationship between you and PT Mikir Duit Indonesia, its founders, directors, employees, contributors, contractors, or affiliates.

Mikirduit does not:

• manage customer investment accounts;
• have discretionary authority over customer assets;
• execute securities transactions on behalf of users;
• provide individualized portfolio recommendations based on a user’s personal circumstances;
• determine appropriate portfolio allocation for individual readers.

Any research, rating, score, valuation, fair value estimate, model, watchlist, screening result, opinion, thesis, or other analytical material published by Mikirduit is intended for a general audience.

4. Investment Risk

Investing involves risk, including the possible loss of some or all invested capital.

Financial instruments discussed on Mikirduit may include:

• stocks;
• exchange-traded funds;
• bonds;
• commodities;
• cryptocurrencies;
• derivatives;
• other investment products.

Market prices can change rapidly and may be affected by factors including:

• company performance;
• economic conditions;
• interest rates;
• geopolitical events;
• regulatory changes;
• investor sentiment;
• liquidity;
• market volatility.

Past performance does not guarantee future results.

Historical returns, earnings growth, valuation multiples, estimates, forecasts, target prices, or projections should not be treated as guarantees of future performance.

You should conduct your own research and, where appropriate, consult qualified professional advisers before making financial decisions.

5. Research, Valuations, Scores, and Opinions

Mikirduit may publish:

• stock analysis;
• earnings analysis;
• financial statement analysis;
• fair value estimates;
• valuation ranges;
• scenario analysis;
• forecasts;
• earnings estimates;
• bull and bear cases;
• quantitative scores;
• rankings;
• peer comparisons;
• investment opinions;
• historical valuation comparisons;
• financial models.

These materials are based on information, assumptions, methodologies, calculations, and judgments available at the time of publication.

Our conclusions may change as new information becomes available.

Mikirduit does not guarantee that any forecast, fair value estimate, ranking, score, projection, price scenario, or investment opinion will prove accurate.

6. Sources and Accuracy

Mikirduit seeks to use reliable sources where appropriate, including:

• U.S. Securities and Exchange Commission filings;
• company financial reports;
• annual reports;
• quarterly reports;
• earnings releases;
• investor presentations;
• company investor relations materials;
• regulatory disclosures;
• government data;
• central-bank data;
• official economic statistics;
• financial databases;
• other publicly available information.

We may also perform our own:

• calculations;
• estimates;
• comparisons;
• valuation analysis;
• interpretation;
• scenario analysis.

Although we aim for accuracy, Mikirduit does not guarantee that all content is complete, error-free, or current.

Information may also become outdated after publication.

Readers should independently verify material information before making investment decisions.

7. Editorial Independence

Mikirduit seeks to distinguish editorial research from commercial relationships.

Advertising, sponsorships, affiliate relationships, partnerships, and other commercial arrangements do not automatically determine editorial conclusions.

Where reasonably appropriate or legally required, sponsored or affiliate relationships will be disclosed.

Commercial partnerships do not guarantee favorable editorial coverage.

Mikirduit reserves editorial discretion over:

• topics covered;
• conclusions reached;
• companies analyzed;
• ratings or scores assigned;
• publication timing.

8. Author Holdings and Potential Conflicts of Interest

Authors, editors, employees, contributors, founders, directors, or persons associated with Mikirduit may own securities discussed in Mikirduit content.

Where relevant, Mikirduit may disclose:

• securities ownership;
• commercial relationships;
• sponsorships;
• affiliate arrangements;
• other potential conflicts of interest.

The absence of a disclosure should not be interpreted as a representation that no person associated with Mikirduit has an interest in a security discussed.

Readers should evaluate all financial research independently and critically.

9. Sponsored Content and Affiliate Relationships

Mikirduit may publish or display:

• advertisements;
• sponsored content;
• affiliate links;
• promotional offers;
• commercial partnerships;
• product or service recommendations.

Mikirduit may receive compensation when users interact with or purchase products or services through certain links or offers.

Where required by applicable law or appropriate under our editorial standards, material commercial relationships will be disclosed.

A commercial relationship does not mean that a product, broker, service, platform, or investment is appropriate for every user.

10. Accounts and Memberships

Certain Mikirduit services may require users to create an account or become a member.

You agree to:

• provide accurate information;
• maintain the security of your account;
• protect your login credentials;
• promptly notify us of suspected unauthorized access.

You are responsible for activity conducted through your account.

Membership accounts may not be:

• shared;
• resold;
• transferred;
• sublicensed;
• used to provide unauthorized access to other persons.

We may suspend or terminate accounts associated with:

• fraud;
• misuse;
• unauthorized sharing;
• scraping;
• security violations;
• circumvention of access controls;
• violations of these Terms.

11. Paid Subscriptions

Mikirduit may offer:

• paid memberships;
• premium research;
• subscription newsletters;
• premium articles;
• data products;
• analytical tools;
• other paid services.

Pricing, billing periods, benefits, and payment terms will be disclosed at the time of purchase.

Unless otherwise stated at checkout, subscriptions may automatically renew until canceled.

Users are responsible for canceling subscriptions before the next billing date if they do not wish to renew.

Fees already charged may be non-refundable except where:

• expressly stated otherwise;
• required by applicable consumer law;
• required by payment-provider rules.

Taxes, payment-processing fees, foreign exchange charges, or other charges may apply depending on the user’s jurisdiction or payment method.

12. Payment Processing

Payments may be processed by third-party payment service providers such as Stripe or other payment platforms.

Payment providers may maintain their own:

• terms of service;
• privacy policies;
• refund procedures;
• identity-verification requirements;
• fraud-prevention procedures.

PT Mikir Duit Indonesia does not necessarily receive or store full payment-card details.

Your use of third-party payment services may also be governed by separate agreements with those providers.

13. Intellectual Property

Unless otherwise stated, all materials made available through Mikirduit are owned by, licensed to, or used with permission by PT Mikir Duit Indonesia.

Protected materials may include:

• articles;
• newsletters;
• research;
• graphics;
• illustrations;
• logos;
• trademarks;
• databases;
• scoring systems;
• valuation models;
• financial models;
• tables;
• charts;
• software;
• website design;
• original calculations;
• research frameworks;
• proprietary methodologies.

Users may access Mikirduit content for personal, non-commercial purposes.

Without prior written permission, users may not systematically:

• reproduce content;
• republish content;
• redistribute paid content;
• sell content;
• scrape content;
• systematically download content;
• build competing databases from Mikirduit content;
• commercially exploit Mikirduit materials;
• remove attribution or copyright notices;
• circumvent access or subscription controls.

Reasonable quotations with proper attribution may be permitted where allowed by applicable law.

14. Automated Access, Scraping, and AI Use

Unless expressly authorized, users may not use bots, crawlers, scraping tools, automated agents, artificial intelligence systems, or similar technologies to systematically collect Mikirduit content in a manner that:

• circumvents access controls;
• reproduces substantial portions of the service;
• creates competing products or databases;
• interferes with website operation;
• violates intellectual property rights;
• bypasses subscription restrictions;
• redistributes protected content.

Legitimate search engines and indexing services may access publicly available pages subject to applicable technical directives, including robots.txt and other access controls.

15. Community Features and User-Generated Content

Mikirduit may provide:

• comments;
• discussions;
• community areas;
• user profiles;
• other user-generated content features.

Users remain responsible for content they submit.

Users must not submit content that is:

• unlawful;
• defamatory;
• threatening;
• abusive;
• fraudulent;
• deliberately misleading;
• spam;
• infringing;
• manipulative;
• intended to facilitate unlawful market manipulation;
• otherwise harmful to the community.

Mikirduit may remove, moderate, restrict, or decline to publish user-generated content at its discretion, subject to applicable law.

16. Market Manipulation and Unlawful Conduct

Users may not use Mikirduit services to engage in, encourage, or facilitate:

• securities fraud;
• insider trading;
• market manipulation;
• pump-and-dump schemes;
• coordinated deceptive trading activity;
• false or misleading financial claims;
• unlawful solicitation of investments;
• other illegal financial-market activities.

Mikirduit reserves the right to restrict access to users who appear to misuse the platform for unlawful, deceptive, or abusive purposes.

17. Third-Party Links and Services

Mikirduit content may include links to third-party:

• websites;
• brokers;
• companies;
• exchanges;
• financial platforms;
• data providers;
• social networks;
• payment providers;
• other services.

Mikirduit does not control these third parties.

PT Mikir Duit Indonesia is not responsible for:

• third-party content;
• availability;
• accuracy;
• security;
• privacy practices;
• products;
• services;
• investment outcomes.

Users should review third-party terms and policies separately.

18. Availability of the Service

We aim to keep Mikirduit services available and functioning properly.

However, we do not guarantee uninterrupted or error-free access.

Services may occasionally be unavailable because of:

• maintenance;
• technical failures;
• hosting outages;
• security incidents;
• third-party service failures;
• network issues;
• circumstances beyond our reasonable control.

19. No Warranty

To the maximum extent permitted by applicable law, Mikirduit and its content are provided on an “as is” and “as available” basis.

PT Mikir Duit Indonesia makes no guarantee that:

• all information will always be accurate;
• all content will always be current;
• all services will always be available;
• investment ideas will be profitable;
• forecasts will be correct;
• valuations will be achieved;
• scores will predict future performance;
• the website will be free from technical errors;
• the service will always be free from security vulnerabilities.

20. Limitation of Liability

To the maximum extent permitted by applicable law, PT Mikir Duit Indonesia and its founders, directors, employees, contributors, contractors, affiliates, and service providers will not be liable for losses arising from reliance on Mikirduit content or services.

This may include:

• investment losses;
• trading losses;
• lost profits;
• lost opportunities;
• data loss;
• indirect damages;
• incidental damages;
• consequential damages.

Nothing in these Terms excludes or limits liability where such exclusion or limitation is prohibited by applicable law.

21. Indemnification

To the extent permitted by applicable law, you agree to indemnify and hold harmless PT Mikir Duit Indonesia and its directors, employees, contributors, contractors, and affiliates from claims, losses, liabilities, and expenses arising from:

• your misuse of the service;
• your violation of these Terms;
• your violation of applicable law;
• your infringement of another person’s rights.

22. Privacy

Your use of Mikirduit is also subject to our Privacy Policy.

The Privacy Policy explains how personal information may be collected, used, stored, and disclosed.

The Privacy Policy is available at:

https://us.mikirduit.com/privacy

23. Changes to the Service

PT Mikir Duit Indonesia may modify, add, remove, suspend, or discontinue:

• features;
• content;
• memberships;
• subscription benefits;
• pricing;
• research products;
• community features;
• other portions of the service.

We may also update these Terms to reflect changes in:

• our services;
• legal requirements;
• business operations;
• technology;
• regulation;
• commercial practices.

The updated effective date will appear at the top of these Terms.

Continued use following an update constitutes acceptance of the revised Terms where permitted by applicable law.

24. Suspension and Termination

We may suspend or terminate access where reasonably necessary for:

• violations of these Terms;
• fraud prevention;
• security;
• misuse;
• unauthorized account sharing;
• circumvention of subscription restrictions;
• legal compliance;
• protection of other users;
• protection of our systems;
• protection of our intellectual property.

Termination does not affect rights or obligations that by their nature should survive termination.

25. Global Audience

Mikirduit US is designed for a global readership.

Although our editorial focus is primarily on U.S. stocks and financial markets, readers may access Mikirduit from many different countries and jurisdictions.

PT Mikir Duit Indonesia operates Mikirduit US from Indonesia.

Users are responsible for ensuring that their access to and use of Mikirduit complies with laws and regulations applicable in their jurisdiction.

The availability of Mikirduit content in any jurisdiction does not constitute an offer, solicitation, or provision of regulated financial services in that jurisdiction.

26. U.S. Securities and Market Coverage

Mikirduit US primarily publishes research and educational content concerning:

• securities listed or traded in the United States;
• U.S.-listed companies;
• U.S. financial markets;
• U.S. economic developments;
• global developments affecting U.S. markets.

Our focus on U.S. securities does not mean that Mikirduit US is intended exclusively for U.S. residents.

Mikirduit US serves a global readership and may be accessed by investors in multiple jurisdictions.

PT Mikir Duit Indonesia is not a U.S. broker-dealer and does not execute securities transactions on behalf of users.

Mikirduit US does not provide individualized investment advisory services or personalized portfolio recommendations.

Readers should consider the laws, tax rules, investment regulations, suitability requirements, and other obligations applicable in their own jurisdiction.

27. Certifications and Professional Background

Mikirduit may disclose professional certifications, qualifications, or experience of its founders, authors, editors, or contributors.

Such credentials are provided for informational and transparency purposes.

Unless expressly stated otherwise, professional credentials issued in one jurisdiction should not be interpreted as authorization to provide regulated financial services in another jurisdiction.

28. Governing Law

These Terms and your use of Mikirduit are governed by the laws of the Republic of Indonesia, without regard to conflict-of-law principles, except where mandatory consumer protection or other applicable laws provide otherwise.

29. Dispute Resolution

The parties should first attempt in good faith to resolve disputes through direct communication.

If a dispute cannot be resolved informally, it will be subject to the jurisdiction of the competent courts of the Republic of Indonesia, unless mandatory applicable law requires another forum.

Nothing in this section limits any rights that cannot legally be waived under applicable consumer protection laws.

30. Severability

If any provision of these Terms is found to be unlawful, invalid, or unenforceable, the remaining provisions will remain in effect to the maximum extent permitted by applicable law.

31. No Waiver

Failure by PT Mikir Duit Indonesia to enforce any provision of these Terms does not constitute a waiver of that provision or any other right.

32. Entire Agreement

These Terms, together with:

• the Privacy Policy;
• any subscription terms;
• any additional terms presented for specific services;

constitute the agreement governing your use of Mikirduit services.

33. Contact Us

Questions regarding these Terms may be sent to:

PT Mikir Duit Indonesia
Operator of Mikirduit US
Website: https://us.mikirduit.com
Email: redaksi@mikirduit.com