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Compare Bali Towerindo Sentra Tbk (BALI) vs Indo Straits Tbk. (PTIS) Price & Performance

Bali Towerindo Sentra TbkTrade
Indo Straits Tbk.Trade

Price performance (Past 24H)

Key statistics

Bali Towerindo Sentra Tbk vs Indo Straits Tbk. — how do they compare? Bali Towerindo Sentra Tbk trades at Rp1,230 (market cap 4.94T, 1.8K 24h volume), while Indo Straits Tbk. trades at Rp272 (market cap 148.54B, 6.6K 24h volume). The key difference: Bali Towerindo Sentra Tbk is far larger — about 33.3× Indo Straits Tbk.'s market cap, and Indo Straits Tbk. is more actively traded (6.6K versus 1.8K). Which is the better fit depends on your goals.

BALIPTIS
Market Cap
4.94T148.54B
Volume
1.8K6.6K
Lot
1866
Turnover
2.2M1.79M
Average Price
1,221.11271.27
Value
2.2M1.79M
Indicative Equilibrium Price
1,250278
Indicative Equilibrium Volume
12

Returns comparison

Trailing returns across standard periods

Top news

Latest headlines on both assets

BALI
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PTIS
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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 Indo Straits Tbk.

PT Indo Straits (the "Company") was established based on Notarial Deed No 319 of Ridwan SH, dated January 21, 1985. The Company's Articles of Association have been amended several times. The latest amendment was based on Notarial Deed No. 4 of Leolin Jayanti SH dated March 8, 2011 pertaining of change composition of the Company's board of Commissioners and Boards of Directors, issuance of new share to be offered to the public in the Initial Public Offering, and amendment of the Article of Association of the Company to become a public entity.

Read more on PTIS