Price movement over the last 24 hours
Atlas Resources Tbk vs Bali Towerindo Sentra Tbk — how do they compare? Atlas Resources Tbk trades at Rp276 (market cap 1.03T, 35.9K 24h volume), while Bali Towerindo Sentra Tbk trades at Rp1,230 (market cap 5T, 27.7K 24h volume). The key difference: Bali Towerindo Sentra Tbk is far larger — about 4.9× Atlas Resources Tbk's market cap, and Atlas Resources Tbk is more actively traded (35.9K versus 27.7K). Which is the better fit depends on your goals.
| ARII | BALI | |
|---|---|---|
Market Cap | 1.03T | 5T |
Volume | 35.9K | 27.7K |
Lot | 359 | 277 |
Turnover | 9.72M | 33.84M |
Average Price | 270.8 | 1,221.48 |
Value | 9.72M | 33.84M |
Indicative Equilibrium Price | — | 1,230 |
Indicative Equilibrium Volume | — | 15 |
Trailing returns across standard periods
Latest headlines on both assets
Atlas Resources,PT (the company) was established under its original name of PT Energi Kaltim on Jan 26, 2007. The Company's articles of association has been amended from time to time, the latest amendment regarding the decrease in nominal value of the Company's shares, change compaany's name, and the change in the Company's status from private company to public company.
Read more on ARII →PT Bali Towerindo Sentra Tbk (the Company) was established on July 6, 2006 based on notarial Deed No. 12 of Triska Damayanti, S.H., Notary in Bali. In 2004, the University of Udayana (the largest university in Bali) has conducted a feasibility study on the communications network infrastructure in Badung regency. The study concluded that the current BTS towers are inefficient and unorganized. As a result, it suggests the multi-tenant BTS towers can be optimized by 49 towers for combined GSM and CDMA transmissions compared to more than 100 single tenant towers at present. Based on this study, the local government has imposed regulations known as Peraturan Bupati Badung No. 62/2006 in conjunctions with regulatory and developments of multi-tenant telecommunication towers in Badung. The objective is to prevent the uncontrollable growth of mostly single-tenant operator-owned BTS towers in Badung regency. Adopting the above concept, BALITOWER has made completion to operate 48 BTS towers spread over in Badung’s strategic location, and it has finished constructing 13 BTS towers in Tabanan. The tower leasing business has also given BALITOWER another business opportunity to provide lease service of high capacity microwave transmission to mobile cellular operators. In 2007, BALITOWER has been awarded an operational license for 20 years by the regional government of Badung and Tabanan municipality in Bali province. The license will allow BALITOWER to be the only tower provider to operate in Badung and Tabanan regency which include tourist’ most favorite landscapes and beaches in Bali such as Kuta. Legian, Seminyak, Nusa Dua and Jimbaran. BALITOWER has spotted a dimensions of investing opportunity not only from the attractiveness of Bali island but also is has captured the opportunity in the growth of telecommunication industry perspective.
Read more on BALI →