Apr 11, 2017 | Commodities, Industries, Market, Uncategorized
Some continued speculative trading in shares related to Bakrie Group, which is seen in huge trading volume and volatility. Average trading volume of Bumi Resources (BUMI), the largest coal producer in Indonesia, for example, was 722 million shares per day in the past...
Nov 6, 2014 | Uncategorized
Indonesians, known for their crazy on new gadget, were not intimidated by significant depreciation of rupiah. Sales revenues of Trikomsel Oke (TRIO) and Erajaya Swasembada (ERAA), two of the country’s largest retailers of gadgets, posted sales revenue growth of 10%...
Sep 24, 2014 | Uncategorized
PT Smartfren Telecom Tbk (FREN) and PT Bakrie Telecom Tbk (BTEL) have proposed to the ministry of information and communication to share the 800 MHz radio frequency spectrum, which could lead into the merger of both entities, Bisnis Indonesia reported this morning....
Sep 16, 2014 | Uncategorized
PT PINS Indonesia, subsidiary of state-owned telco giant Telkom (TLKM), has completed acquisition of 1.116 billion shares of PT TiPhone Mobile Indonesia (TELE) Tbk for Rp876.7 billion. It is a discount to the current price of TELE. But, who gets the most from the...
Sep 2, 2014 | Uncategorized
Tower operator PT Solusi Tunas Pratama (SUPR) Tbk, where global investment firm Carlyle Group is a substantial shareholder, booked net profit of Rp84 billion in the first half of 2014, declined 13.4% from the corresponding period of 2013 due to ballooning financial...
Aug 13, 2014 | Uncategorized
Second largest telecommunication company PT XL Axiata (EXCL) Tbk has kicked off an open tender to divest portion of its towers. Various companies have expressed their interest to enter the race, which might be the biggest acquisition in the sector this year....
Aug 8, 2014 | Uncategorized
The Indonesian Telecommunication Regulatory Body (BRTI) would improve the identification system of prepaid SIM Card users by August this year. Prepaid users are required to reregister their SIM Card by March 2015. Else, they would be blocked and unable to make an...
Aug 7, 2014 | Uncategorized
MNC Sky Vision (MSKY), which claimed itself the largest player in pay TV market, booked net loss of Rp14 billion in the first half of 2014 against profit of Rp31 billion in the corresponding period of 2013. The network’s revenues grew only 8.7%, while gross profit...
Aug 5, 2014 | Uncategorized
Bakrie Telecom (BTEL) and SmartFren (FREN), controlled by Sinarmas Group, reported net loss of Rp317 billion and Rp652 billion respectively in the first half of 2014. Bakrie Telecom’s capital deficiency worsened 31.5% as a result, but SmartFren had its equity grew...
Aug 1, 2014 | Uncategorized
The internet has become an effective medium for spreading negative propaganda .In the past couple of days, a number of national and international media outlets have been reporting the circulation of a video titled “Join the Ranks”, wherein a group of Indonesian men...
