Price movement over the last 24 hours
Argo Pantes Tbk vs Lenox Pasifik Investama Tbk. — how do they compare? Argo Pantes Tbk trades at Rp995 (market cap 3.16T, 107.9K 24h volume), while Lenox Pasifik Investama Tbk. trades at Rp69 (market cap 181.18B, 551.9K 24h volume). The key difference: Argo Pantes Tbk is far larger — about 17.4× Lenox Pasifik Investama Tbk.'s market cap, and Lenox Pasifik Investama Tbk. is more actively traded (551.9K versus 107.9K). Which is the better fit depends on your goals.
| ARGO | LPPS | |
|---|---|---|
Market Cap | 3.16T | 181.18B |
Volume | 107.9K | 551.9K |
Lot | 1.08K | 5.52K |
Turnover | 108.96M | 37.9M |
Average Price | 1,009.83 | 68.67 |
Value | 108.96M | 37.9M |
Indicative Equilibrium Price | 995 | 69 |
Indicative Equilibrium Volume | 7 | 6 |
Trailing returns across standard periods
Latest headlines on both assets
PT Argo Pantes Tbk (the Company) was established on July 12, 1977 based on Deed No. 30 of Darwani Sidi Bakaroedin, S.H., Notary in Jakarta. PT Argo Pantes, one of the largest integrated textile companies in Indonesia. The Company achieved ISO 9002 certification in 1997 from SGS, Indonesia, and is the flagship Company of the Argo Manunggal Group. To date, the Companys export sales has reached 80% from more than 200 international customers in 40 countries worldwide, much as : Levis, Liz Claiborne, Marks & Spencer. NIKE, NEXT, GAP, and Tommy Hilfiger.
Read more on ARGO →PT Lippo Securities Tbk (the Parent Company) was established on June 20, 1989 based on notarial deed No.514 of Misahardi Wilamarta, S.H. The deed of establishment was approved by the Ministry of Justice of the Republic of Indonesia (MOJ) in its decision letter No.C2-6029.HT.01.01TH.89 dated July 6, 1989, and was published in the State of Gazette No.80 Supplement No. 3904 dated October 5, 1990. Its articles of association has been amended several times, most recently by notarial deed No.113 of Ny. Poerbaningsih Asi Warsito, S.H., dated July 30,1999, concerning among others, the adjustments to effect the Regulation No.IX.D.I. On December 20, 1999, the Parent Company submitted a letter to the Chief of the Capital Market Supervisory Board requesting for the revocation of its business license as broker, in connection with the merger of its brokering activities with PT Ciptadana Sekuritas, a subsidiary. This request was approved by the Chief of the Capital Market Supervisory Board based on its decision letter No. 01/PM/2000 dated January 5, 2000.In view of the foregoing, PT Bursa Efek Jakarta in its letter No.S.024/BEJ.ANG/01-2000 dated January 12, 2000 and PT Bursa Efek Surabaya in its letter No. T1-003/AGT/BES/I/2000 dated January 1, 2000, cancelled their Approval Letter on Stock Exchange Membership (Surat Persetujuan Anggota Bursa) issued to the Parent Company effective January 13, 2000 and January 4, 2000, respectively. Accordingly, the Parent Company is required to sell its investments in shares of stock of PT Bursa Efek Jakarta and PT Bursa Efek Surabaya.
Read more on LPPS →