Mar 27, 2015 | Industries
Many of us know that Bali has always been the prima donna, getaway tourist destination. This applies for both foreign and domestic tourists. But in the past decade, the Government has been trying to promote the other regions of Indonesia as alternative tourist...
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 | Industries, Market, Reviews
Property companies reported mixed results for full year 2014. Bumi Serpong Damai (BSDE) and its subsidiary Duta Pertiwi (DUTI) reported lower sales revenue. Pakuwon Jati (PWON), on the other hand, posted a strong 27.8% growth in sales, while net profit surged by 122%....
Mar 27, 2015 | Industries, Market, Reviews
Bakrie Telecom (BTEL) has decided to cut 28% of its workforce to stay afloat. But, other than those losing jobs, the struggling CDMA operator continues to become weapon of mass destruction (WMD), killing suppliers and service providers. Tower operator PT Solusi Tunas...
Mar 27, 2015 | Industries, Market, Reviews
PT Sarana Menara Nusantara (TOWR) Tbk, controlled by Djarum Group, is valued almost 10% smaller than Tower Bersama Infrastructure (TBIG), controlled by Saratoga Group. The tower operators are now valued four-five times of their main source of revenue streams, the...
Mar 26, 2015 | Industries, Market, Reviews
Shares of Surya Citra Media (SCMA) ended higher by almost 4% Thursday even though the Company, parent of popular free-to-air television SCTV, actually posted weaker performance in the last quarter of 2014. SCMA booked net profit of Rp1.45 trillion last year, an...
Mar 26, 2015 | Industries, Politics
Appointment of new commissioners and directors of state-owned companies has drawn more criticisms. The shareholders of Bank Tabungan Negara (BTN) recently appointed new commissioners and directors, among those appointed are known Jokowi-Kalla supporters and supporters...
Mar 26, 2015 | Industries, Market
Duta Anggada Realty (DART) is one of major property groups continuously discounted by investors despite reporting stronger fundamentals in the past few years. The Company is now valued less than its equity. Why? As shown in the table, DART is valued 0.8 x equity and...
Mar 26, 2015 | Industries, Market, Reviews
Shares of Blue Bird (BIRD), the largest taxi operator in Indonesia, ended higher by 2.54% Wednesday, despite flat growth of the company’s profitability last year. BIRD rallied to as high as Rp12500 late last year, but has since dropped 19.2%. Those participated in the...
Mar 26, 2015 | Industries, Reviews
PT Lotte Chemical Titan (FPNI) Tbk is one of the largest petrochemical company in Indonesia. It controls PT Lotte Chemical Titan Nusantara, a company initially established by Soeharto’s son and BP Chemicals in late 80s. Ownership of the company has changed...
