Investment
Features
FeesSafety
Academy
More
Pluang+

Compare Bali Towerindo Sentra Tbk (BALI) vs Resource Alam Indonesia Tbk (KKGI) Price & Performance

Bali Towerindo Sentra TbkTrade
Resource Alam Indonesia TbkTrade

Price performance (Past 24H)

Key statistics

Bali Towerindo Sentra Tbk vs Resource Alam Indonesia Tbk — how do they compare? Bali Towerindo Sentra Tbk trades at Rp1,230 (market cap 4.94T, 1.8K 24h volume), while Resource Alam Indonesia Tbk trades at Rp264 (market cap 1.31T, 580.4K 24h volume). The key difference: Bali Towerindo Sentra Tbk is far larger — about 3.8× Resource Alam Indonesia Tbk's market cap, and Resource Alam Indonesia Tbk is more actively traded (580.4K versus 1.8K). Which is the better fit depends on your goals.

BALIKKGI
Market Cap
4.94T1.31T
Volume
1.8K580.4K
Lot
185.8K
Turnover
2.2M152.33M
Average Price
1,221.11262.46
Value
2.2M152.33M
Indicative Equilibrium Price
1,250264
Indicative Equilibrium Volume
167

Returns comparison

Trailing returns across standard periods

Top news

Latest headlines on both assets

BALI
View details
KKGI
View details

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.

Read more on BALI

About Resource Alam Indonesia Tbk

PT Resource Alam Indonesia Tbk (the Company) was originally established under the name PT Kurnia Kapuas Utama Glue Industries (which was subsequently changed to PT Kurnia Kapuas Utama Tbk). PT Kurnia Kapuas Glue industries founded in 1981 in Pontianak, West Kalimantan and produces formalin and resin. The company supplies glue for plywood factories within the Bumi Raya Utama Group (BRU Group). The company is domestic investment.

Read more on KKGI