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Compare Bali Towerindo Sentra Tbk (BALI) vs Multi Spunindo Jaya Tbk. (MSJA) Price & Performance

Bali Towerindo Sentra TbkTrade
Multi Spunindo Jaya Tbk.Trade

Price performance (Past 24H)

Key statistics

Bali Towerindo Sentra Tbk vs Multi Spunindo Jaya Tbk. — how do they compare? Bali Towerindo Sentra Tbk trades at Rp1,230 (market cap 4.94T, 1.8K 24h volume), while Multi Spunindo Jaya Tbk. trades at Rp406 (market cap 2.36T, 12.71M 24h volume). The key difference: Bali Towerindo Sentra Tbk is far larger — about 2.1× Multi Spunindo Jaya Tbk.'s market cap, and Multi Spunindo Jaya Tbk. is more actively traded (12.71M versus 1.8K). Which is the better fit depends on your goals.

BALIMSJA
Market Cap
4.94T2.36T
Volume
1.8K12.71M
Lot
18127.14K
Turnover
2.2M5.17B
Average Price
1,221.11406.9
Value
2.2M5.17B
Indicative Equilibrium Price
1,250406
Indicative Equilibrium Volume
1166

Returns comparison

Trailing returns across standard periods

Top news

Latest headlines on both assets

BALI
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MSJA
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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 Multi Spunindo Jaya Tbk.

PT Multi Spunindo Jaya Tbk (the Company), was established based on Notarial Deed of WahyudiSuyanto, S.H., No. 102 dated March 7, 1997. The Company started its commercial operation in 1999. The Company’s immediate parent company is PT Maju Selaras Jayamerta and the ultimate controlling shareholder of the Company is Sasongko Basuki.

Read more on MSJA