Mar 25, 2015 | Industries, Market, Reviews
Unlike other construction material companies, which benefited from hype of investors in property, construction, and infrastructure business, PT Mulia Industrindo (MLIA) Tbk is valued significantly below its equity, despite recent gains and its dominant position in...
Mar 25, 2015 | Industries, Market, Reviews
President Joko ‘Jokowi’ Widodo has just signed President Regulation No 30/2015 about Procurement of Land for Public Development, which is expected to accelerate infrastructure development in the country. According to the new regulation, financing for land...
Mar 25, 2015 | Industries
Wardah is one of Indonesia’s home-grown cosmetics brands. Many believe them to be a new player in the industry, but Wardah has in fact been producing and distributing cosmetic products since 1995. It’s thus interesting that Wardah has only become somewhat of a...
Mar 25, 2015 | Industries, Politics
The shareholders of sate-owned construction firm Adhi Karya (ADHI) appointed three new commissioners. One of them was once a member of the Jokowi-Kalla campaign team while another is linked to the opposition group. Let’s briefly look into their profile. Adhi...
Mar 25, 2015 | Industries
Local brands of cosmetic products are undeterred with the competition coming from international cosmetic products. Local brands have been able to secure their own slice of the pie and managed to remain relevant in the market for decades. Some of the well-known local...
Mar 24, 2015 | Industries, Market
Shares of SLJ Global (SULI), controlled by the families of Soenarko and Sampoerna, gained further by 13.5% Tuesday morning after surging 48% Monday. Some bet on the Company’s better future after reporting stronger bottomline last year. After years of losses and...
Mar 24, 2015 | Industries, Market, Reviews
Anhui Conch is one of the world’s largest cement producer. Last year, the Company produced 219 million tons of cement, nearly three times of Indonesia’s total capacity. In Indonesia, Anhui Conch has only operated around 1 million tons of clinker production line in...
Mar 23, 2015 | Industries, Market, Reviews
Shares of textile giant PT Sri Rejeki Isman (SRIL) Tbk, otherwise popular as Sritex, advanced 3.72% this morning as investors responded positively the Company’s performance last year. The stock was heavily traded with almost half a billion shares exchanged hands...
Mar 23, 2015 | Industries, Politics
Shareholders of Bank Rakyat Indonesia (BBRI)—the second largest bank in Indonesia by total assets—have appointed new commissioners and directors. Some of them are interestingly linked to political parties from both the Great Indonesia ruling coalition (KIH) and the...
Mar 23, 2015 | Industries, Market, Reviews
PT Chandra Asri Petrochemical (TPIA) Tbk, Indonesia’s largest petrochemical company controlled by Barito Group (Prajogo Pangestu) and Siam Cement Group, booked net profit of US$18 million last year, jumped by 86% from 2013. Still, this represented net profit...