Energi Mega Persada (ENRG), widely considered under the control of Bakrie Group, declined further by 3.85% Wednesday (Sep 5). That means the company has lost almost 50% its value since July 2012 and 63% since January. The company and its peer, Medco Energi (MEDC), controlled by Panigoro family, have yet to release their first half results.
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