Bali Towerindo Sentra Tbk vs Ever Shine Tex Tbk. — how do they compare? Bali Towerindo Sentra Tbk trades at Rp1,230 (market cap 4.94T, 1.8K 24h volume), while Ever Shine Tex Tbk. trades at Rp126 (market cap 255.93B, 1.72M 24h volume). The key difference: Bali Towerindo Sentra Tbk is far larger — about 19.3× Ever Shine Tex Tbk.'s market cap, and Ever Shine Tex Tbk. is more actively traded (1.72M versus 1.8K). Which is the better fit depends on your goals.
| BALI | ESTI | |
|---|---|---|
Market Cap | 4.94T | 255.93B |
Volume | 1.8K | 1.72M |
Lot | 18 | 17.21K |
Turnover | 2.2M | 219.38M |
Average Price | 1,221.11 | 127.5 |
Value | 2.2M | 219.38M |
Indicative Equilibrium Price | 1,250 | 126 |
Indicative Equilibrium Volume | 1 | 300 |
Trailing returns across standard periods
Latest headlines on both assets
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 →PT. Ever Shine Tex Tbk (the Company) was established under the name PT Ever Shine Textile Industry based on the Notarial Deed No. 82 dated December 11, 1973 of Kartini Muljadi, S.H., as amended by Notarial Deed No. 14 dated Februari 4, 1974 and No. 33 dated Januari 10, 1975 of Kartini Muljadi, S.H.
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