Arsip: May 2020

As well as BYAN Average Selling Price Declines. Coal mining companies cannot be separate from the impact of the Covid-19 pandemic. One of them is experience by Bayan Resources Tbk (BYAN IJ). Which must stop the operations of its subsidiary entities. A number of Bayan Resources’ subsidiaries which temporarily halt production operations are Bara Tabang.

Bayan Resources Stop Operations of Three Subsidiaries. Coal mining companies cannot be separated from the impact of the Covid-19 pandemic. One of them is experience by Bayan Resources Tbk (BYAN IJ), which had to stop the operations of its subsidiary entities. A number of BYAN subsidiaries which temporarily halt production operations are Bara Tabang locate.

Pinehill Acquisition Overprice. Investors responded negatively to the decision of Indofood CBP Sukses Makmur Tbk (ICBP) to acquire shares of Pinehill Corpora Limited. This is reflected in the movement of ICBP shares in trading this week. In fact, ICBP shares experienced an auto reject down after falling 6.77% to IDR 8,950 per share shortly after.

Astra International Market Capitalization Significant Growth. Jakarta Composite Index (JCI) was corrected throughout May 2020. JCI experienced a weakening from 4,716.43 at the end of April 2020 to 4,641.55 on Wednesday (05/27) or equivalent to 1.59%. The decline in the JCI was follow by a decrease in the market capitalization of large stocks. Among the.

Pandemic Impact on KMI Wire. Issuers engage in the manufacturing sector have also been affect by the Corona outbreak (Covid-19). As experience by KMI Wire & Cable Tbk (KBLI IJ). Launching information disclosure on the Indonesia Stock Exchange (IDX) website. The Covid-19 virus has an impact on the shutdown of some of the cable issuer’s.

Bumi Serpong Damai Anticipates New Normal. As well as, Bumi Serpong Damai Tbk (BSDE IJ) is preparing several scenarios to anticipate the application of the new normal in the midst of the outbreak of a new corona virus or Covid-19 that has not been resolved. BSDE Director Hermawan Wijaya acknowledged that entering 2Q20 was a.

Negative Response to Indofood CBP Acquisition. Indofood CBP Sukses Makmur Tbk (ICBP IJ) will acquire shares in Pinehill Corpora Limited. We consider that this corporate action has the potential to suppress ICBP financial condition in the short term. ICBP will need funds of around IDR 30.3 trillion to complete the acquisition of IDR 44.4 trillion..

IndiHome Encourages Telekomunikasi Indonesia Revenue. Telekomunikasi Indonesia (Persero) Tbk (TLKM IJ) posted revenues of IDR 135.57 trillion in 2019. This amount increased by 3.7% compared to revenues in 2018 which amounted to IDR 130.78 trillion. TLKM also recorded an increase in earnings before interest, taxes, depreciation, and amortization (EBITDA) of 9.5% YoY to IDR 64.83.

Pinehill Company Profile. Indofood CBP Sukses Makmur Tbk (ICBP IJ) has agree to buy Pinehill Company Limited at a high price of USD 3 billion from Pinehill Corpora and Steele Lake. This fantastic purchase value is considered feasible because Pinehill has a business of making and selling instant noodles in eight countries under the Indomie.

Pinehill Acquisition Impact on Indofood CBP. Indofood CBP Sukses Makmur Tbk (ICBP IJ) signed an agreement with Pinehill Corpora Limited and Steele Lake. The transaction, which was signed on Friday (05/22), is worth USD 2.99 billion, equivalent to IDR 44.25 trillion. ICBP will pay for the acquisition of USD 300 million with internal cash generated.