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...
Oct 1, 2012 | Commodities, Industries, News Group
Coal producer PT Resource Alam Indonesia (KKGI) Tbk advanced 0.61% to Rp8,300 Tuesday (Mar 13). At this price, Resource Alam has market capitalization of Rp8.3 trillion, almost 14 times its equity. The stock is not liquid, for sure. Its average trading volume in the...
Oct 1, 2012 | Commodities, Industries, News Group
World crude steel production for 62 countries reporting to the World Steel Association was 126 million tons last month, inched up 1.3% from October 2011. China, the world’s largest producer, shown a convincing growth of 6%, but Japan dropped 6.7%. That means for...
Sep 11, 2012 | Agriculture, Industries, News Group
Opened higher and traded as high as RM2364 per ton, the benchmark January 2013 contracts of crude palm oil (CPO) ended lower by RM20 to RM2316 per ton Friday (Nov 9). November deliveries also down to RM2245 per ton. Ample of supply in Indonesia and Malaysia weighed...
Sep 11, 2012 | Industries, Market, News Group
Bank Ekonomi (BAEK), acquired by HSBC for US$607.5 million from Wings Group four years ago, booked net profit of Rp154 billion in nine months of 2012, dropped 21% from the corresponding period of 2011, mostly due to squeezed margins. The bank saw its net interest...
