Golden Energy Mines (GEMS), coal producing JV of Sinarmas Group and GMR Infrastructure, reported strong sales revenue growth of 69% to Rp2.09 trillion in the first half of 2012. Unfortunately, margins squeezed substantially to...
Read MoreAdaro Energy (ADRO) produced 23 million tons of coal in the first half of 2012, substantially smaller than Bumi Resources (BUMI). Adaro, however, generated sales revenue of US$1.93 billion, just inches below BUMI. While BUMI...
Read MoreUnited Tractors (UNTR) is one of key contributors of net profit at PT Astra International (ASII) Tbk. The stock hit the lowest level since October 2011 on Friday, when UNTR dropped to as low as Rp19,850. It finally cut losses to...
Read MoreBumi Resources (BUMI) dropped to as low as Rp620 Friday morning, but then rallied to as high as Rp710 (+11.1% gain) in the afternoon, reportedly following Reuters report that BUMI divests 50% shares in coal subsidiary PT Fajar...
Read MoreTotal assets of 16 consumer financing companies grew 11.6% to Rp129.85 trillion in the first half of 2012 with combined net profit of Rp2.83 trillion. Individual performance of these companies were greatly varied. Astra Sedaya...
Read MoreIndonesia’s export slipped 1.8% in the first six months of 2012, while import grew 15.3%. As a result, the country’s trade surplus shrunk 96.8% from US$15 billion to US$476 million in the period. Export to China,...
Read MoreConsciencefood Holding Ltd is a small cap on Singapore Exchange (SGX). It has market capitalization of S$85.2 million. That’s probably why Mr Djoesianto Law has yet to be included in the Forbes’ list of rich people....
Read MoreIntrepid Mines Limited announced an agreement for the placement of 27.68 million shares, representing 5% of its expanded issued capital, to businessman and politician Surya Paloh. Paloh, leader of Nasional Demokrat Party...
Read MoreThe benchmark October contracts of crude palm oil (CPO) retreated to below RM3,000 per ton again Tuesday (July 31). The commodity has dropped substantially since February. Higher sales volume, however, offset the falling price,...
Read MoreInvestor Daily published a headline titled “Revitalize Bulog’s Monopoly, for the sake of Food Politics” Tuesday (July 31). Other newspapers also published somewhat similar tones of articles in the past few...
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