Oct 10, 2012 | Commodities, Industries, News Group
Coal-related shares were mixed all over the world Wednesday (Oct 10) even though Nymex crude oil soared to US$93 per barrel. Shenhua gained 0.82% in HK, while China Coal down 0.42%. In Jakarta, Bumi Resources gains 1.5%, while ITMG, Bukit Asam, and Indika ended lower....
Oct 10, 2012 | Commodities, Industries, News Group
Krakatoa Resources Limited is another Indonesian gold explorer to be listed on ASX. Krakatoa offers 15 million shares in the IPO at an issue price of $0.2 per share to raise $3 million. It is small, and probably not interested for some investors. But, how many...
Oct 10, 2012 | Agriculture, Industries, News Group
Crude palm oil (CPO) regained grounds Tuesday in both physical and futures markets. October price of CPO, however, is now 20% below September’s average price as more companies reported higher output in Indonesia and Malaysia this peak harvesting season. In this...
Oct 9, 2012 | Agriculture, Industries, News Group
President SBY’s ‘rhetoric statement’ that ‘he will stand by palm oil industry’ in the fight to get the ‘green label’ in APEC failed to shore up crude palm oil (CPO) prices and shares. The benchmark November contracts of CPO...
Oct 9, 2012 | Commodities, Industries, News Group
The government has awarded 12 new blocks of coal-bed-methane (CBM) this year. The minimum gas price of $7.5 per MMBTU is also guaranteed by the Upstream Oil and Gas Regulatory Body (BPMigas). Some players have also announced independent resource certifications....
Oct 8, 2012 | Industries, Mining, News Group
Most coal producers reported weaker performance in the first half of 2012. Some even reported losses, including Bumi Resources and Berau Coal Energy. Indo Tambangraya Megah (ITMG), however, reported solid performance in the period. The following tables might be...
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,...
