Search result for: "PTBA"

Bukit Asam, Tbk (PTBA:IJ) has prepared a variety of expansion for next year, such as coal and power plant development. While, the source of capital expenditure (capex) funding will be combined between cash loans from other parties, since the company will.

Tambang Batubara Bukit Asam, Tbk (PTBA:IJ) in need of capital expenditure (capex) amounting IDR4Trn to IDR5Trn in 2018. While the proceed will be used for an expansion plan, such as: the development of steam power plant (PLTU) in South Sumatra 8 with capacity of 2x600MW. In the next future, company will acquisition some PLTU owned.

PT Bukit Asam, Tbk (PTBA IJ) is obtained fresh fund up to USD600mn, amidst its expansion in electrical projects. At least, there are three power plant projects will be carried out by company in next year. Company were to work PLTU Sumatra Selatan 8 with capacity 2×600 MW, that was previously delayed. While, between Bukit.

PT Bukit Asam, Tbk (PTBA IJ), is a state-owned company of which the Government of Indonesia owns 65%, reported its volume sales reach 17.24 million tonnes until 3Q17, or increased from the previous 15.14 million tonnes. The volume supported by domestic sales which is increase 20% to 11.03 million tonnes, and still dominate contribution 64%.

PT Bukit Asam (PTBA IJ, BUY, TP: IDR14,400) through its subsidiary PT Bukit Multi Investama is planning to acquire a gold mining service company before the end of this year. The company is still in due diligence process. This action is believed to add more value and synergy to Bukit Asam, but no details regarding.

Management of PT Wijaya karya (WIKA IJ, Neutral, TP: IDR3,100) has stated that the company has achieved IDR11.35trn of new contracts until the first week of September. This achievement includes the ~IDR1.5trn Myanmar contract, IDR500bn conveyor system for PT Bukit Asam (PTBA IJ, BUY), IDR409bn for Jakarta International Container Terminal and several others. WIKA is.

Bukit Asam (PTBA IJ, BUY, TP: IDR11,200) is planning to acquire 25%-30% of Ignite Energy Resources, an Australian coal company that is able to convert brown coal into metallurgical coal and synthetic oil (syncrude). So far the value of the acquisition has not been mentioned and the process is estimated to complete in 3Q14. On.

While we are still cautious on Indonesia’s short-term equity market outlook owing to economic and political uncertainties, we are of the view that its long-term fundamentals are intact. We foresee 2014 GDP growth dipping to 5.4% while Bank Indonesia (BI) may have to raise the BI rate to 7.75-8.25%. As short-term macroeconomic fundamentals are weak,.

WHAT’S BREWING? UNTR has been reported to submit two proposals to the state power company PLN for a 2x600MW and a 600MW power plant in South Sumatera (dubbed as PLTU Sumsel IX & X). The plants to be developed are the so-called “mine-mode”s, where the power generator itself is located at the coal mining site.

PTBA’s 3Q12 results came in lower than our estimates as rising production costs and declining ASP dragged down earnings. The quarter’s net profit reached IDR653bn, down 3% q-o-q and 6% y-o-y, making up only 65% of our full-year estimates. In view of recent weak global coal prices, we are trimming our coal price assumptions for.