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Coal Bullish Trend Support Indo Tambangraya Megah’s Stock Price

By administrator | July 6, 2018 | Mining.

During a week, foreign investors did buy shares of Indo Tambangraya Megah, Tbk (ITMG IJ). Foreign investors registered a net buy worth IDR45.58Bn, and even foreign investors registered a net buy worth IDR21.04Bn.

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Perusahaan Gas Negara Seeks External Funding

By administrator | July 4, 2018 | Infrastructure Transportation.

Perusahaan Gas Negara, Tbk (PGAS:IJ) has 90-days to complete its Pertagas acquisition transaction, that is until September 2018, while the funding scheme will be two-third, that is roughly around.

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Perusahaan Gas Negara Acquires 51% Stake of Pertagas for IDR16.6Trn

By administrator | July 3, 2018 | Infrastructure Transportation.

After signing a conditional purchase agreement with Pertamina on June 29 to take over Pertamina Gas (Pertagas), Perusahaan Gas Negara, Tbk (PGAS:IJ) finally announced to buy 51% stake, or equal to 2.6Mn shares of Pertagas from Pertamina for IDR16.6Trn, equal to.

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Gas Negara Sells CNG Gas 12Kg

By administrator | November 10, 2017 | Infrastructure Transportation.

PT Perusahaan Gas Negara (Persero), Tbk (PGAS IJ) started doing various ways to improve its performance. One of them is by selling gas in the equivalent LPG 12Kg and 50Kg. But unlike the Pertamina sellss liquefied petroleum gas (LPG). Gas Negara through its subsidiary PT Gas Energi Indonesia sells compressed natural gas (CNG) to entrepreneurs..

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Humpuss Work on Java 1 Floating Gas Terminal

By administrator | November 8, 2017 | Infrastructure Transportation.

PT Humpus Intermoda Transportasi, Tbk (HITS IJ) has partnered with Exmar Marine NV Nicolas Saverys, invest in a floating gas terminal project Floating Storage Regasification Unit (FSRU) Gas-Steam Power Plant (PLTGU) Java 1, on October 10, 2017. During this partnership, Humpuss can get the source and unlimited sustain technology from Asian countries. For the record,.

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FSRU Project will Support Humpus Intermoda’s Revenue

By administrator | October 16, 2017 | Infrastructure Transportation.

The involvement of PT Humpuss Intermoda Transportasi, TBK (HITS IJ) in development consortium LNG Floating Storage and Regasification Unit (FSRU), will support its revenue for next 25 years. The consortium aims to supply IPP (independent power producer) needs PLTGU (Java 1 and Tambak Lorok). For the record, Humpuss portion reaches 25% of the total.

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Humpus Maintains its Cost of Good Sold

By administrator | October 14, 2017 | Infrastructure Transportation.

PT Humpus Intermoda Transportasi, Tbk (HITS IJ), a company shipping transportation, is successfully maintained its cost of good sold (COGS) became USD20.27mn, or 58.22% of the revenue. The percentage lower than same period last year at level 70.89% of the revenue USD29.94mn. Meanwhile, company is also reported its profit increase 225.9% to USD5.20mn during.

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Medco Issues Bonds Worth IDR566.50Bn

By administrator | September 15, 2017 | Mining.

PT Medco Energi Internasional, Tbk (MEDC IJ), diversified oil and gas company and is the second largest oil company after the state-owned Pertamina, is issues its Shelf Registration Bond II Phase IV 2017 worth IDR566.50bn. This two series company’s bond will be guaranteed with full commitment, with the A series bond worth IDR415bn tenors 42-month.

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Subsidiary Pushed Ancora Losses Widen in 1H2017

By administrator | September 4, 2017 | Mining.

Ancora Indonesia Resources, Tbk (OKAS IJ) booked a loss of USD5.9mn in 1H2017, from a loss of USD4.2mn at same period last year. The loss to the declining performance of its subsidiary, Multi Nitrotama Kimia (MNK), which produces ammonium nitrate. The company’s gross profit declined by 90% from USD4.2mn in 1H2016 to only USD418,000. Another.

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2017 Issuance to Stay Bright Amid High Refinancing Need

By administrator | January 3, 2017 | Finance.

Total IDR corporate bonds issuance this year reached a record high of IDR112.8trn, up 80% from last year issuance. Primary issuance though remains less diversified as banking and multifinance sectors dominated the issuance. Banking and multifnance firms accounted for 46% and 32% of total issuance this year. Other sectors like transportation and telecommunication issued only.

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