Mar 31, 2015 | Commodities, Market
Coal producer Bayan Resources (BYAN) booked net loss of US$189 million last year, skyrocketed 242% from 2013 due to falling prices of thermal coal and squeezed margins. The Company’s debt to equity ratio and current ratio worsened significantly as a result. ...
Mar 31, 2015 | Commodities, Market, Reviews
Central Proteinaprima (CPRO), an integrated feed and shrimp farming company, booked net loss of Rp389 billion last year against profit of Rp1.2 trillion in 2013. The 2013 profit, however, was related to Rp2 trillion gain from debt restructuring. CPRO’s...
Mar 31, 2015 | Commodities, Market, Politics
Government has reportedly appointed state-owned oil and gas company Pertamina as operator of the giant Mahakam Offshore Block in East Kalimantan effective January 1st, 2018. While this pleases those called themselves ‘nationalists’, there are genuine...
Mar 30, 2015 | Commodities, Market
Palm oil products were still under significant pressures worldwide on weak demand and tough competition with soybean oil. The benchmark June 2015 contracts of crude palm oil (CPO) ended lower by 1% to RM2170 per ton last Friday on Bursa Malaysia Derivatives. July and...
Mar 27, 2015 | Commodities, Industries, Law
The Ministry of Energy and Mineral Resources (ESDM) released Minister Regulation No. 8/2015 on the Development of Minerals and Coal Sector. The new regulation is set to push forward research and development by allowing mining companies with mining licenses (IUP) and...
Mar 27, 2015 | Commodities, Market, Reviews
Shares of Tunas Baru Lampung (TBLA), one of the largest palm oil producers in Indonesia, gained only 0.76% Thursday (Mar 26) despite strong performance of the Company last year, when its net profit quadrupled to Rp433 billion. The stock is valued significantly lower...
Mar 26, 2015 | Commodities, Politics
Minister of energy and mineral resources Sudirman Said seems determined to block the entry of private investors into oil and gas blocks through partnership with regional governments in the so-called 10 percent participating interest. These ‘private...
Mar 25, 2015 | Commodities, Market, Reviews
WTI crude oil has stays above US$47.5 per barrel, but thermal coal prices remain under pressure from persistent weakness in China’s demand. Most recent data released by China Coal Energy Company Ltd, one of the largest producers in the country, confirmed...
Mar 24, 2015 | Commodities, Market, Reviews
PT Sawit Sumbermas Sarana (SSMS) Tbk is currently the most ‘valuable’ plantation stock on Indonesia Stock Exchange (IDX), valued twice of Astra Agro Lestari (AALI) and significantly higher than Dharma Satya (DSNG). SSMS, as shown in the table, is also...
Mar 24, 2015 | Commodities, Market, Reviews
Japanese trading house Itochu Corporation has just subscribed 24381 B series shares of PT Triguna Internusa Pratama, which equals to 33% of the enlarged issued share capital of the company. The investment is small of Rp165 billion or about US$12.6 million. The joint...
