Jun 4, 2012 | Commodities, Industries, News Group
PT Sumalindo Lestari Jaya (SULI) Tbk is one of few forestry companies listed on Indonesia Stock Exchange (IDX). Some, including Resource Alam (KKGI), have left timber business to dig up coal. Sumalindo has yet to surrender the timber business, but starts to dig for...
Jun 3, 2012 | Industries, News Group
State-owned pharmaceutical company PT Kimia Farma (KAEF) Tbk was one of the best performing stocks last year. It is also one of the best so far this year with over 32% gain. Indofarma (INAF), another state-owned pharmaceutical company, has also gained almost 200%...
Jun 2, 2012 | Industries, Market, News Group
So, Yawadwipa Companies, a private equity established by former BoA Merrill Lynch banker Christopher Holm, has submitted its interest to acquire Bank Mutiara (previously Bank Century) for US$750 million or about Rp6.75 trillion. This is the amount spent by Depositors...
Jun 2, 2012 | Commodities, Industries, News Group
PT Jhonlin Baratama is one of companies controlled by Haji Andi Syamsuddin AKA Haji Isam in South Kalimantan. Jhonlin has expanded its business into airline, rubber plantation, and shipping. The group and the owner have been under pressures in the past three years....
Jun 2, 2012 | Industries, Mining, News Group
Bima Regent in West Nusa Tenggara (NTB) has permanently revoked mining license of PT Sumber Mineral Nusantara (SMN), a company controlled by Arc Exploration Ltd, Australia following the bloody riot between protesters and security officers. Today, local people in...
Jun 1, 2012 | Commodities, Industries, News Group
Forget about dispute between Rothschild and Bakrie/Samin Tan for a while. Let’s talk about progress of some junior coal players in the country, whose combined output might be bigger than old players like KPC, Arutmin, and Berau in the coming years. In this...
May 20, 2012 | Commodities, Industries, News Group
Coal-related shares opened mixed in the region this morning. Bukit Asam, Bumi Resources, Harum Energy, and ABM Investama were in red zone, while Borneo Lumbung and Indo Tambangraya gain more than 1%. In this report: (1) Newcastle Port weekly report…. NEWCASTLE...
May 12, 2012 | Agriculture, Industries, News Group
Provident Agro (PALM) is the newest plantation company listed on Indonesia Stock Exchange (IDX). The stock jumped 20% in the first few days of trading, but has recently retreated to leave only 3.3% gain. The company suffered substantial loss in nine months of 2012,...
May 12, 2012 | Industries
If the debt restructuring proposal is approved by all parties, ownership of PT Trans Pacific Petrochemical Indotama, the second largest petrochemical complex in Indonesia, will change substantially. State-owned oil and gas company will become the largest shareholder....
May 11, 2012 | Agriculture, Industries, News Group
Crude palm oil (CPO) lost RM85 to RM2411 per ton for the benchmark January 2013 contracts Monday (Nov 5) after RM41 correction last Friday. Supply-demand balance and downfall of crude oil weighed on the commodity. In this report: (1) Sime Darby, (2) Genting...
