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Compare Bali Towerindo Sentra Tbk (BALI) vs Kian Santang Muliatama Tbk. (RGAS) Price & Performance

Bali Towerindo Sentra TbkTrade
Kian Santang Muliatama Tbk.Trade

Price performance (Past 24H)

Key statistics

Bali Towerindo Sentra Tbk vs Kian Santang Muliatama Tbk. — how do they compare? Bali Towerindo Sentra Tbk trades at Rp1,230 (market cap 4.94T, 1.8K 24h volume), while Kian Santang Muliatama Tbk. trades at Rp208 (market cap 306.44B, 10.95M 24h volume). The key difference: Bali Towerindo Sentra Tbk is far larger — about 16.1× Kian Santang Muliatama Tbk.'s market cap, and Kian Santang Muliatama Tbk. is more actively traded (10.95M versus 1.8K). Which is the better fit depends on your goals.

BALIRGAS
Market Cap
4.94T306.44B
Volume
1.8K10.95M
Lot
18109.54K
Turnover
2.2M2.28B
Average Price
1,221.11208.52
Value
2.2M2.28B
Indicative Equilibrium Price
1,250208
Indicative Equilibrium Volume
1696

Returns comparison

Trailing returns across standard periods

Top news

Latest headlines on both assets

BALI
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RGAS
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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 Kian Santang Muliatama Tbk.

PT Kian Santang Muliatama Tbk (the Entity) was established based on the Notarial Deed of Artisa Khamelia Ramadiyanti, S.H., M.Kn., No. 634, dated November 28, 2018. The Entity started its commercial operations on 2019. The controlling party for the Company is Edy Nurhamid Amin.

Read more on RGAS