Mitra Pinasthika Mustika (MPMX), distributor of Honda motorcycle, which is controlled by Saratoga Investama Sedaya (SRTG), is among stocks yet to gain since initial public offering (IPO). MPMX offered 970 million shares at Rp1500 per share in May 2013, but has since never been traded above Rp1500. Following downfall of motorcycle sales, the stock has even steadily declined to Rp875 yesterday.To subscribe please click here
