May 5, 2015 | Commodities, Market
Offshore oil and gas supporting services company PT Wintermar Offshore Marine Tbk (WINS) booked net loss of US$0.41 million in the first quarter of 2015 against profit of US$11.44 million in the same period of 2014. Apexindo Pratama (APEX), one of contractors for the...
May 4, 2015 | Commodities, Market, Reviews
Sawit Sumbermas (SSMS) and Eagle High Plantations (BWPT) were among plantation shares widely traded for different reasons. Some continue to bet on stronger performance of SSMS, while others steadily discount BWPT after their respective corporate actions. We’re,...
May 3, 2015 | Commodities, Market
SGX-listed Ramba Energy Ltd informed Singapore Exchange (SGX) Sunday (May 3rd) that it has entered into a private placement agreement, which is expected to raise S$17.9 million in net proceeds, with Dato Sri Tahir, owner of Mayapada Group. Ramba Energy said it places...
May 1, 2015 | Commodities, Market
State-owned nickel producer Aneka Tambang (ANTM) and PT Vale Indonesia (INCO) Tbk, unit of mining giant Vale SA, reported stronger performance in the first quarter of 2015. Something to do with government’s consistency in nickel ore export ban policy? May be...
May 1, 2015 | Commodities, Market
PT Adaro Energy (ADRO) Tbk, the second largest coal group in Indonesia, booked net profit of US$59 million in the first quarter of 2015, collapsed 54% from the same period of 2014. Bayan Resources (BYAN), meanwhile, booked US$19 million of net losses, ballooned from...
Apr 30, 2015 | Commodities, Market, Reviews
State-owned oil and gas producer, transmission, and distribution company PT Perusahaan Gas Negara (PGAS) Tbk booked net profit of US$109.4 million in the first quarter of 2015, dropped significantly by 38% from the corresponding period of 2014 due to downfall of oil...
Apr 30, 2015 | Commodities, Reviews
Shares of Indika Energy (INDY) have just touched all time low at Rp302 on Wednesday (Apr 29). That means the Company has lost 94% from its all time high in late 2010, when it had market capitalisation of around US$2.6 billion. At the current price, INDY has market...
Apr 30, 2015 | Commodities, Market
Asia Resource Minerals Plc indicates some improvements at coal unit PT Berau Coal Energy (BRAU) Tbk as it recorded net loss of US$89 million last year, dropped significantly from US$212 million in 2013. State-owned coal producer Bukit Asam (PTBA), meanwhile, reported...
Apr 29, 2015 | Commodities, Market, Reviews
Plantation and wood-processing company PT Dharma Satya Nusantara (DSNG) Tbk suffered from 61.3% fall of net profit in the first quarter of 2015 due to falling prices of crude palm oil (CPO). Coal producer Toba Bara Sejahtera (TOBA), controlled by Luhut...
Apr 29, 2015 | Commodities, Politics
Two years ago, ministry of energy and mineral resources had actually revealed a plan to issue government regulation on oil and gas block, whose production sharing contract (PSC) is about to expire. Late last week, the ministry released the draft regulation for public...
