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Compare Bali Towerindo Sentra Tbk (BALI) vs Ancora Indonesia Resources Tbk. (OKAS) Price & Performance

Bali Towerindo Sentra TbkTrade
Ancora Indonesia Resources Tbk.Trade

Price performance (Past 24H)

Key statistics

Bali Towerindo Sentra Tbk vs Ancora Indonesia Resources Tbk. — how do they compare? Bali Towerindo Sentra Tbk trades at Rp1,230 (market cap 4.94T, 1.8K 24h volume), while Ancora Indonesia Resources Tbk. trades at Rp98 (market cap 237.34B, 937K 24h volume). The key difference: Bali Towerindo Sentra Tbk is far larger — about 20.8× Ancora Indonesia Resources Tbk.'s market cap, and Ancora Indonesia Resources Tbk. is more actively traded (937K versus 1.8K). Which is the better fit depends on your goals.

BALIOKAS
Market Cap
4.94T237.34B
Volume
1.8K937K
Lot
189.37K
Turnover
2.2M92.01M
Average Price
1,221.1198.2
Value
2.2M92.01M
Indicative Equilibrium Price
1,25098
Indicative Equilibrium Volume
1143

Returns comparison

Trailing returns across standard periods

Top news

Latest headlines on both assets

BALI
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OKAS
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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 Ancora Indonesia Resources Tbk.

PT Ancora Indonesia Resources Tbk (the Company) was establised on September 15, 2003. Based to the Extraordinary General Meeting of Shareholders,all shareholders approved the change of the Company's name from PT TD Resources Tbk to PT Ancora Indonesia Resources Tbk. This change of the Company's name was effective on December 3, 2008.

Read more on OKAS