Oct 8, 2012 | Industries, Market, News Group
Major banks reported hefty profits in the past few years, including in the first half of this year. Small banks, with total assets of less than Rp20 trillion, also provided strong performance. Some of them, however, are traded way below their respective equities as of...
Oct 7, 2012 | Commodities, Industries
State-owned electricity company PT Perusahaan Listrik Negara (PLN) has on Tuesday (July 10) signed power purchase agreement (PPA) with PT Lestari Banten Energi for the 660 MW coal-fired power plant project in Serang, Banten province. Who’s behind the project?...
Oct 7, 2012 | Agriculture, Industries, News Group
LG and Samsung are two of the world’s largest electronic players. Both have substantial operations in the country. They are also active players in engineering, chemicals, and in the past few years in palm oil business. How substantial are their operations in the...
Oct 5, 2012 | Commodities, Industries, News Group
Junior coal player Atlas Resources entered stock market late last year with IPO price of Rp1500. The stock gained briefly to Rp1570, but has since dropped to Rp1390 on Thursday (May 10). The stock is not liquid with only few lots traded daily. At the current price,...
Oct 5, 2012 | Industries, Market, News Group
Out of 10 major banks on Indonesia Stock Exchange (IDX) by total assets, only two are controlled by Indonesian conglomerates. They are Bank Central Asia (controlled by Djarum Group) and Bank Panin (Panin Group). Other conglomerates, however, have built up their...
Oct 4, 2012 | Industries, Market
Cable producers listed on Indonesia Stock Exchange (IDX) reported strong results last year. Their combined sales revenue soared 53% to over US$1 billion, while gross profit jumped 73.4%. The industry is clearly not as sexy as coal, but generated substantial return on...
Oct 3, 2012 | Industries, Market
Property developer PT Pakuwon Jati (PWON) Tbk currently has market capitalization of around US$1.43 billion, about the same with Bumi Resources (BUMI). The company has just released its nine months of 2012 results, where net profit attributable to equity holders...
Oct 1, 2012 | Commodities, Industries, News Group
Indika Energy (INDY) surged 8.9% Tuesday (Jan 10) following news that the company has appointed Citi, Macquarie, and Mandiri Sekuritas for re-selling of up to 18% shares in mining contractor Petrosea (PTRO) to fund managers and institutional investors. Petrosea,...
Oct 1, 2012 | Industries, Profiles
Challenging the already established international brands like Accor or Aston must be something. Sahid Group managed to build hotels in strategic locations in the country, but not that successful, if not calling it a big failure. Tauzia Management, however, managed to...
Oct 1, 2012 | Industries, Market
Trakindo Group controlled by Hamami Family acquired 3 hectares of land in Rasuna Epicentrum area for Rp525 billion last year. Assuming that Bakrieland sells the whole 53 hectares area, it could generate almost US$1 billion, more than four times market value of...
