Medco Energi (MEDC) is now traded at Rp805 to make a market capitalization of Rp14.43 trillion. That means Medco is valued way below its equity (Rp18.6 trillion). Medco has aggressively expanded its assets by 73% to US$6.2 billion in the period of 2016-2019, but bottom line yet to improve significantly.To subscribe please click here