Jan 26, 2016 | Industries, Market, Reviews
Impack Pratama (IMPC) is among plastic producers highly valued by investors on Indonesia Stock Exchange (IDX). It is now valued Rp4.45 trillion or about four times equity. With annualized return on equity (ROE) of 7.5%, however, some might consider the stock...
Jan 26, 2016 | Industries, Market, Reviews
World crude steel production reached 1,622.8 million tons for the year 2015, down by -2.8% compared to 2014. Crude steel production decreased in all regions except India and Oceania last year. China, the world’s single largest producer reported 2.3% decline to 803.8...
Jan 25, 2016 | Industries, News Group, Reviews
With growing Internet penetration and the growing middle class more, and more affordable smartphones area appealing to the Indonesian market. One of such brands is Xiaomi of Xiaomi Technology Co. Ltd, Huawei of Huawei Technologies Co. Ltd, and Oppo of OPPO Electronics...
Jan 25, 2016 | Industries, Market, Reviews
Shares of PT Steel Pipe Industry of Indonesia (ISSP) Tbk or SPINDO are now traded at Rp172 reflecting PE multiple 9 on annualized earnings of the first nine months of 2015. SPINDO is now valued only half of its equity. It is cheaper than peers in the region, given...
Jan 25, 2016 | Industries, Market, Reviews
PT Perusahaan Industri Ceres, subsidiary of SGX-listed Petra Foods Ltd, is very popular in Indonesia with its choco spread product. Petra Foods, the parent, was once a company with market value of S$2.63 billion (May 2013), but at the moment its value is only around...
Jan 25, 2016 | Industries, Market, Reviews
State Budget 2016 sets aside Rp81.24 trillion for capital expenditures in infrastructure projects handled by ministry of public works and housing. Most of this will be used to purchase construction materials, including cement, pre-cast concrete, iron and steel, and...
Jan 24, 2016 | Industries, Market, Reviews
PT Yakult Indonesia, market leader in fermented lactic beverages, is among the most profitable F&B companies in the country. Initially controlled by Salim Group, Yakult Honsa Co assumed full control of PT Yakult Indonesia in 2001 after paying 696 million yen for...
Jan 22, 2016 | Industries, Market, Reviews
Hengtong Optic-Electric International Co Ltd has become a strategic investor in PT Voksel Electric Tbk (VOKS) by acquiring 250 million shares or about 30.08% of the total paid-up share capital of the cable manufacturer. VOKS provided no further detail about the...
Jan 22, 2016 | Industries, Market, Reviews
The Indonesian government will unlikely ban services of the broadcasting and cable television company, Netflix Inc. (Nasdaq: NFLX), in the country. The Ministry of Communication and Information Technology (Kominfo), however, wants NFLX register the company as a legal...
Jan 22, 2016 | Industries, Market
Plastic pipe is among construction materials deemed to benefit from massive development of infrastructure in the country. In order to get better understanding about impact of infrastructure projects to plastic pipe producers, we interviewed Henry Solichin, chairman of...