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...
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...
