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Compare Bali Towerindo Sentra Tbk (BALI) vs Armada Berjaya Trans Tbk (JAYA) Price & Performance

Bali Towerindo Sentra TbkTrade
Armada Berjaya Trans TbkTrade

Price performance (Past 24H)

Key statistics

Bali Towerindo Sentra Tbk vs Armada Berjaya Trans Tbk — how do they compare? Bali Towerindo Sentra Tbk trades at Rp1,230 (market cap 4.94T, 1.8K 24h volume), while Armada Berjaya Trans Tbk trades at Rp121 (market cap 97.42B, 1.24M 24h volume). The key difference: Bali Towerindo Sentra Tbk is far larger — about 50.7× Armada Berjaya Trans Tbk's market cap, and Armada Berjaya Trans Tbk is more actively traded (1.24M versus 1.8K). Which is the better fit depends on your goals.

BALIJAYA
Market Cap
4.94T97.42B
Volume
1.8K1.24M
Lot
1812.44K
Turnover
2.2M151.44M
Average Price
1,221.11121.76
Value
2.2M151.44M
Indicative Equilibrium Price
1,250121
Indicative Equilibrium Volume
11.08K

Returns comparison

Trailing returns across standard periods

Top news

Latest headlines on both assets

BALI
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JAYA
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About Bali Towerindo Sentra Tbk

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.

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About Armada Berjaya Trans Tbk

PT Armada Berjaya Trans (“the Entity”) was established based on the Notarial Deed No. 41 dated May 30, 2012 of Myra Yuwono, S.H. The Articles of Assocation has been amended several times, and the latest changes are stated in the Notarial Deed of Christina Dwi Utami, S.H. No. 39 dated August 21, 2018, concerning in the change in the Entity’s name from PT Armada Beton to PT Armada Berjaya Trans. PT Armada Beton specialising in Cement Mixer transporter. Since 2015 the company shifted its focus into general land transport business.

Read more on JAYA