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Making short article more useful for readers

This morning, I just read a short article (two column) in page 18 of daily newspaper Kompas today. Using a reference from a survey report held of Worldpanel Indonesia. The survey on 440 brands of fast moving consumer goods with 5,680 households in [...]

Between two different worlds

It has been three months 15 days since I have decided to exit from 13 years three months of my journalism carrier. I was officially fled from Bloomberg Businessweek Indonesia magazine on 1st November 2014, crossing to the extraneous world of corporate [...]

Between two different worlds

It has been three months 15 days since I have decided to exit from 13 years three months of my journalism carrier. I was officially fled from Bloomberg Businessweek Indonesia magazine on 1st November 2014, crossing to the extraneous world of corporate [...]

BW Plantation rights issue at 60% discount?

A palm oil producer PT BW Plantation Tbk (BWPT), controlled by Budiono Widodo family, may put exercise price of preemptive rights at about Rp400 a share, nearly 60% discount from the latest market price prior to suspended by Indonesia Stock Exchange [...]

BW Plantation rights issue at 60% discount?

A palm oil producer PT BW Plantation Tbk (BWPT), controlled by Budiono Widodo family, may put exercise price of preemptive rights at about Rp400 a share, nearly 60% discount from the latest market price prior to suspended by Indonesia Stock Exchange [...]

BW Plantation rights issue at 60% discount?

A palm oil producer PT BW Plantation Tbk (BWPT), controlled by Budiono Widodo family, may put exercise price of preemptive rights at about Rp400 a share, nearly 60% discount from the latest market price prior to suspended by Indonesia Stock Exchange [...]

Peter Sondakh & BW Plantation backdoor listing

Tjipto Widodo, former president commissioner of PT BW Plantation Tbk (BWPT), won’t see that BWPT may become a company with market capitalization of Rp15 trillion-Rp16,3 trillion soon. Tjipto, the fourth son of Budiono Widodo,  and owner of BW [...]

Peter Sondakh & BW Plantation backdoor listing

Tjipto Widodo, former president commissioner of PT BW Plantation Tbk (BWPT), won’t see that BWPT may become a company with market capitalization of Rp15 trillion-Rp16,3 trillion soon. Tjipto, the fourth son of Budiono Widodo,  and owner of BW [...]

BBM broadcast on Gading Development

On Wednesday morning this week, I got a BBM broadcast from two colleagues. They’re working at a state-owned brokerage and a private brokerage. In their BBM, they sent me a small part of the story of PT Gading Development Tbk (GAMA), which is now in [...]

BBM broadcast on Gading Development

On Wednesday morning this week, I got a BBM broadcast from two colleagues. They’re working at a state-owned brokerage and a private brokerage. In their BBM, they sent me a small part of the story of PT Gading Development Tbk (GAMA), which is now in [...]

Hello dear readers

It has been nearly two years after my last article at this blog. Sometimes, I really miss to write and to express on many things related with publicly listed companies. But, I have to comply with the agreement I have signed before I left my previous [...]

Hello dear readers

It has been nearly two years after my last article at this blog. Sometimes, I really miss to write and to express on many things related with publicly listed companies. But, I have to comply with the agreement I have signed before I left my previous [...]

Bank Woori buys 33% stake in Bank Saudara

PT Bank Woori Indonesia, a subsidiary of South Korea-based Woori Bank Korea, today announced its plan to take over 33% stake or 764.40 million shares in PT Bank Himpunan Saudara 1906 Tbk (SDRA).Bank Woori, that will acquire Bank Saudara shares from [...]

Bank Woori buys 33% stake in Bank Saudara

PT Bank Woori Indonesia, a subsidiary of South Korea-based Woori Bank Korea, today announced its plan to take over 33% stake or 764.40 million shares in PT Bank Himpunan Saudara 1906 Tbk (SDRA).Bank Woori, that will acquire Bank Saudara shares from [...]

Itacha Resources buys Sarana Marine

Coal mining company PT Itacha Resources, a joint venture between Anthoni Salim and Glenn Yusuf, announced that Itacha will acquire 400 shares in PT Sarana Marine Perkasa, located in Samarina, Kalimantan. However, the announcement has not clearly [...]

Soedono Salim & First Pacific Company

Liem Sioe Liong (Soedono Salim or people call him with Om Liem) has passed away on 3.08 pm yesterday in Singapore at 97 years old.Om Liem, which is very close to former President Soeharto, was a founder of Salim Group. He initiated his business in [...]

Stock recommendations today

On the heels of posting the worst weekly performance of 2012, the markets zoomed higher this week on hopes policymakers may be willing to take action to buoy ailing world economies.The Dow Jones Industrial Average on Friday last week, as quoted by [...]

Itacha Resources buys Sarana Marine

Coal mining company PT Itacha Resources, a joint venture between Anthoni Salim and Glenn Yusuf, announced that Itacha will acquire 400 shares in PT Sarana Marine Perkasa, located in Samarina, Kalimantan.

However, the announcement has not clearly [...]

Soedono Salim & First Pacific Company

Liem Sioe Liong (Soedono Salim or people call him with Om Liem) has passed away on 3.08 pm yesterday in Singapore at 97 years old.
Om Liem, which is very close to former President Soeharto, was a founder of Salim Group. He initiated his business in [...]

Darma Henwa to spend US$120 mio capex

Indonesia’s second largest coal contractor PT Darma Henwa Tbk (DEWA) plans to spend US$120 million capital expenditure (capex) this year. ”This year, we target US$80 million-US$120 million capital expenditure [capex],” said Director Wachjudi [...]

Delta Dunia to issue 570.39 mio new shares

Indonesia second largest coal mining contractor PT Delta Dunia Makmur Tbk (DOID) aims to hold nonpreemptive rights by issuing 570.39 million new shares of 7% of its capital paid in to employees and its directors and PT Bukit Makmur Mandiri Utama [...]

Bentoel weighs 3 options for bonds refinancing

Cigarette maker PT Bentoel Internasional Investama Tbk (RMBA) is weighing three options of bonds refinancing worth Rp1.35 trillion maturing in November this year.Director Chrisdianto Tedjawidjaja said the three options are bank loan facility, [...]

Stock recommendations today

A Fitch Ratings executive said Thursday that the firm would likely downgrade US debt if the federal government does not get its fiscal house in order. Speaking at the firm’s global banking conference in New York, Fitch sovereign group managing [...]

Darma Henwa to spend US$120 mio capex

Indonesia’s second largest coal contractor PT Darma Henwa Tbk (DEWA) plans to spend US$120 million capital expenditure (capex) this year.

 ”This year, we target US$80 million-US$120 million capital expenditure [capex],” said Director Wachjudi [...]

Delta Dunia to issue 570.39 mio new shares

Indonesia second largest coal mining contractor PT Delta Dunia Makmur Tbk (DOID) aims to hold nonpreemptive rights by issuing 570.39 million new shares of 7% of its capital paid in to employees and its directors and PT Bukit Makmur Mandiri Utama [...]

Stock recommendations today

A Fitch Ratings executive said Thursday that the firm would likely
downgrade US debt if the federal government does not get its fiscal
house in order.

Speaking at the firm’s global banking conference in New York, Fitch
sovereign group [...]

Bakrie Telecom bond payment remains uncertain

PT Pemeringkat Efek Indonesia (Pefindo) assigned its ratings of idBB for PT Bakrie Telecom Tbk (BTEL) and its maturing Bond I/2007 of RpR650 billion due September 4, 2012.Pefindo still places the ratings on Credit Watch with Negative Implication, [...]

Sarana Menara & non preemptive rights

Telecommunication tower operator PT Sarana Menara Nusantara Tbk (TOWR), controlled by Djarum’s Hartono family, reported that it will issue 102 million new shares in non preemptive rights (or 10% of enlarged capital). The price is set at Rp14,798 [...]

Reswara seals contract from Guangzhou Huaneng

PT Reswara Minergi Hartama, an integrated coal company and subsidiary of Hamami’s PT ABM Investama Tbk (ABMM), has secured a coal sales contract of 500,000 metric tons from Guangzhou Huaneng Trading Co Ltd with estimation of delivery period in June to [...]

J.P. Morgan names Sugirin as head of treasury

J.P. Morgan has today announced that it has appointed Michael Sugirin as Head of Treasury Services for Indonesia.Sugirin will be responsible for driving J.P. Morgan’s Treasury Services business in Indonesia, focusing on extending the firm’s cash [...]

Bakrie Telecom bond payment remains uncertain

PT Pemeringkat Efek Indonesia (Pefindo) assigned its ratings of idBB for PT Bakrie Telecom Tbk (BTEL) and its maturing Bond I/2007 of RpR650 billion due September 4, 2012.
Pefindo still places the ratings on Credit Watch with Negative Implication, [...]

Tunas Baru scouts Rp500 bio profit in 2012

Palm oil producer PT Tunas Baru Lampung Tbk (TBLA) is scouting a Rp500 billion net profit this year, a 18.76% higher than Rp421 billion last year.The profit increase, as quoted by Kontan today, will be underpinned by revenue growth. TBLA estimated to [...]

Trisula International IPO set at Rp250-Rp300

A new debut in the primary stock market dubbed PT Trisula International Tbk revealed that it has already tied up with an anchor buyers, signaling its initial public offering won’t deter some problems.Trisula International aims to sell 300 million [...]

Stock recommendations today

The Dow ended the day modestly higher on the back of a report showing the service sector expanded more quickly than expected last month, coming as a rare bright spot amid a sea of gloomy economic data. The Dow Jones Industrial Average, as quoted [...]

Sarana Menara & non preemptive rights

Telecommunication tower operator PT Sarana Menara Nusantara Tbk (TOWR), controlled by Djarum’s Hartono family, reported that it will issue 102 million new shares in non preemptive rights (or 10% of enlarged capital). 
The price is set at [...]

Reswara seals contract from Guangzhou Huaneng

PT Reswara Minergi Hartama, an integrated coal company and subsidiary of Hamami’s PT ABM Investama Tbk (ABMM), has secured a coal sales contract of 500,000 metric tons from Guangzhou Huaneng Trading Co Ltd with estimation of delivery period in June [...]

Tunas Baru scouts Rp500 bio profit in 2012

Palm oil producer PT Tunas Baru Lampung Tbk (TBLA) is scouting a Rp500 billion net profit this year, a 18.76% higher than Rp421 billion last year.

The profit increase, as quoted by Kontan today, will be underpinned by revenue growth. TBLA [...]

Stock recommendations today

The Dow ended the day modestly higher on the back of a report showing
the service sector expanded more quickly than expected last month,
coming as a rare bright spot amid a sea of gloomy economic data.

The Dow Jones Industrial Average, as [...]

Stock recommendations today

The markets kicked off the week little changed as traders assessed the recent stream of data suggesting the U.S. economic recovery may be stalling and the heavy losses taken last week. The Dow Jones Industrial Average, as quoted by foxbusiness.com, [...]

Stock recommendations today

The markets kicked off the week little changed as traders assessed the
recent stream of data suggesting the U.S. economic recovery may be
stalling and the heavy losses taken last week.

The Dow Jones Industrial Average, as quoted by [...]

Thohir family buys Adaro shares at Rp167 billion

PT Trinugraha Thohir today reported that it has purchased 104.64 million shares in coal miner PT Adaro Energy Tbk (ADRO).Adaro’s Corporate Secretary Devindra Ratzarwin, in an official disclosure filed to Indonesia Stock Exchange, said Trinugraha [...]

Borneo Energi 1Q profit drops 75% on finance charge

Coking coal miner PT Borneo Lumbung Energi & Metal Tbk (BORN), that is controlled by Indonesian businessman Samin Tan, suffered a 75.01% drop in net profit in the first quarter of this year on the back of a surge in finance charge.Borneo posted [...]

Tunas Baru Lampung to sell Rp750 billion bonds

CPO producer PT Tunas Baru Lampung Tbk (TBLA) plans to sell Rp750 billion fixed rate bonds in July this year. In a prospectus published today, Tunas Baru’s 5-year bonds have been assigned idA by PT Pemeringkat Efek Indonesia. The company also mandated [...]

Thohir family buys Adaro shares at Rp167 billion

PT Trinugraha Thohir today reported that it has purchased 104.64 million shares in coal miner PT Adaro Energy Tbk (ADRO).

Adaro’s Corporate Secretary Devindra Ratzarwin, in an official disclosure filed to Indonesia Stock Exchange, said Trinugraha [...]

Borneo Energi 1Q profit drops 75% on finance charge

Coking coal miner PT Borneo Lumbung Energi & Metal Tbk (BORN), that is controlled by Indonesian businessman Samin Tan, suffered a 75.01% drop in net profit in the first quarter of this year on the back of a surge in finance charge.

Borneo [...]