Search result for: "PTPP"

Pembangunan Perumahan (PTPP IJ, UR) has acquired 31,995 shares (99.98%) of PT Primajasa Aldodua (PJA), an affiliated heavy equipment company, for IDR44.34bn. The heavy equipment company will be able to internally support PTPP’s core businesses and management targets IDR60bn of revenue generation from this heavy equipment.

We initiate coverage on PTPP with a BUY and IDR950 TP, representing a 17% upside to the current share price. Our TP is based on a target of 11.3x PER over the company’s FY14 earnings, at par with its historical average rolling PER. We like PTPP for its strong 20.3% CAGR in earnings between FY10-FY12,.

Pembangunan Perumahan Subsidiary Loans. One of the SOEs engage in planning and building construction. PTPP Tbk (PTPP) again provides loans to its subsidiary. This time, PTPP provide a loan to its subsidiary. Or shareholder loan, to PT PP Semarang Demak. PTPP provide a loan of Rp 203.94 billion to PT PP Semarang Demak.

PP Presisi New Contract. The most prominent heavy equipment construction and rental service provider company with the best quality products in Indonesia. PP Presisi (PPRE) won a new contract of IDR 424 billion in the first quarter of 2020. The corona virus pandemic has had a significant impact on the performance of PT PP Presisi.

Banking Loan Restructuring. The banking loan restructuring program held by the government is like a stamina test for national banks. Meanwhile, the success of the loan restructuring and loan relaxation of trillions of rupiah worth of consumer loans depends on the resilience of the bank’s capital to support the program. For the record, banks are.

Biography: Iswanto Amperawan President Director of PP Presisi. Nearly three decades of Iswanto Amperawan pursue a career in Pembangunan Perumahan Tbk (PTPP.

HADE Interest in Power Plant Business. Himalaya Energi Perkasa Tbk (HADE IJ) is still working to find opportunities in the power plant business. HADE plan was realized in 2019 and then.

TPIA: Capex worth USD 430 Million Build Factory. Chandra Asri Petrochemical, Tbk (TPIA) allocates a capital expenditure (capex) worth USD 430 Million in 2020. The allocation of this capex increase by about 19%.

UNTR: Heavy Equipment Sales Decline. United Tractors Tbk (UNTR) operational activities in coal rose until August 2019. But the sale of the company’s heavy equipment is still declining compared to last year. UNTR subsidiary in the field of.

Waskita Karya Capital Expenditure worth IDR3.92Trn. Waskita Karya, Tbk (WSKT IJ) use its new funds from capital expenditure (capex) in 1Q19. Haris Gunawan, Director of Finance and Strategy Waskita Karya said, out of a total capex.