Kalbe Farma: Too Pricey?

PT Kalbe Farma (KLBF) Tbk booked net profit of Rp2.07 trillion last year, grew 7.3% only from 2013, while sales revenues increased 8.5% to Rp17.4 trillion. The largest pharmaceutical player on Indonesia Stock Exchange (IDX) is now valued 8.8 x equity and traded with...
Healthcare Industry: Rp1 Billion per Bed

Healthcare Industry: Rp1 Billion per Bed

Hype on Mitra Keluarga (MIKA) continues to make the hospital network valued more than twice of Siloam Hospital (SILO). Sarana Meditama Metropolitan (SAME), operator of Omni Hospital, meanwhile, is now valued almost 20 times equity. Siloam reported a strong 33.4%...

Twitter Indonesia

On Thursday (March 26), Twitter Inc. opened its representative office in Jakarta. The CEO of Twitter Dick Costolo himself came to officiate the opening. While here, Costolo met with Vice President Jusuf Kalla, Vice Presidential Head of Expert Staff Sofjan Wanandi,...

Consumer Industry: White vs Sweet Bread

PT Nippon Indosari (ROTI) Tbk, producer of the famous Sari Roti bread, booked net profit of Rp188.6 billion last year, an increase of 19.3% from 2013, thanks to strong sales revenue growth. The Company’s financial statement might have shown us changing lifestyle...
East Nusa Tenggara Tourism: Hotels

East Nusa Tenggara Tourism: Hotels

The growth of the tourism industry in East Nusa Tenggara is long overdue. The province is perfect for sightseeings, with plentiful of breathtaking landscapes. The news of increasing volumes of visitation is a welcome development. More and more hotels were built, and...

East Nusa Tenggara Tourism: Signs of Growth

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...

FY14 Results of Property Companies

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%....

Bakrie Telecom’s Weapon of Mass Destruction

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...
TOWR vs TBIG: Ironies of Telco Industry

TOWR vs TBIG: Ironies of Telco Industry

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...
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