Mitra Adiperkasa: Another Matahari Dept Stores from CVC?

Apr 1, 2015 | Industries, Market

Shares of Mitra Adiperkasa (MAPI) surged by 11% with substantial trading volume Wednesday (April 1st) following media reports that CVC Capital Partners purchased Rp1.5 trillion of zero coupon bond of MAPI, which can be converted into shares of MAPI Aktif Adiperkasa....

Illegal IUPs

Apr 1, 2015 | Industries

Mining licenses, otherwise widely known as IUPs, have again become a point of contention. In 2014, out of the 10.918 IUPs issued by regents and mayors, only 6.042 of them were declared clear and clean (C&C), the remaining 4.876 IUP are considered illegal. Tin...

The Business of Traditional Snacks: Monami Bakery

Apr 1, 2015 | Industries

Contrary to what many may have thought, traditional Indonesian snacks have not disappeared from the market. Fierce food competition doesn’t seem to stop Indonesians from seeking the food of their childhood. Researcher at the Traditional Cuisine Study Center of...

Consumers in 2014: Ultrajaya & Unilever

Apr 1, 2015 | Industries, Market

Unilever Indonesia (UNVR) is currently the most ‘valuable’ company on Indonesia Stock Exchange (IDX), valued almost 66 times equity. Giants like Astra International and Bank Central Asia are valued between three and four times equity only. The reason is...

E-Tail: When SoftBank Acquires Trikomsel

Apr 1, 2015 | Industries, Market

Global ICT player SoftBank has on March 27, 2015 acquired 19.9% shares in PT Trikomsel Oke (TRIO) Tbk, one of the largest ICT retailers in Indonesia. Polaris Ltd, controlled by Sugiono Wiyono Sugialam, remains controlling shareholder with 44.88% interest in Trikomsel....

Media Nusantara Citra, MSKY & Weaker Q4

Mar 31, 2015 | Industries, Market, Reviews

Shares of Media Nusantara Citra (MNCN), controlled by Hary Tanoesoedibjo, gained 2% Tuesday (Mar 31), despite weaker performance in the last quarter of 2014, when its sales revenues declined 8.6%, while net profit dropped by 11.3%. MNCN posted net profit of Rp1.76...

Mitra Keluarga Hospital: Rp15 Billion per Bed?

Mar 31, 2015 | Industries, Market, Reviews

Mitra Keluarga (MIKA) Hospital booked net profit of Rp517 billion last year, an increase of almost 30% from 2013. The hospital’s net sales revenue grew 11.7% to Rp1.95 trillion, lower than Siloam Hospital’s 33.4% growth. Mitra Keluarga reported net profit...

Charoen Pokphand & Weaker Fourth Quarter

Mar 31, 2015 | Industries, Market, Reviews

Shares of Charoen Pokphand (CPIN), largest feed producer in Indonesia, inched up 0.72% Tuesday (Mar 31) despite weaker performance of the Company in the fourth quarter of 2014.  CPIN reported sales revenue growth of 13.6% to Rp29.15 trillion last year, but grew only...

Beers, a Part of Modern Lifestyle

Mar 31, 2015 | Industries

The Indonesia Stock Exchange has two listed breweries, i.e., PT Multi Bintang Indonesia (IDX: MLBI) and also PT Delta Djakarta Tbk (IDX:DLTA). DLTA is the producer of Anker Bir, Anker Stout, San Mig Light, Carlsberg, San Miguel Pale Pilsen and also Kuda Putih. MLBI is...

Indosat vs Peers

Mar 31, 2015 | Industries, Market

Indosat (ISAT), second largest telco operator by total revenues, posted net loss of Rp1.99 trillion last year. While it is lower by 28.6% from 2013, the losses weakened the Company’s balance sheet significantly. Indosat’s losses were twice of XL Axiata, which acquired...