Bank Danamon Indonesia Tbk vs Golden Flower Tbk. — how do they compare? Bank Danamon Indonesia Tbk trades at Rp4,150 (market cap 40.06T, 1.96M 24h volume), while Golden Flower Tbk. trades at Rp12,000 (market cap 9.09T, 1.7K 24h volume). The key difference: Bank Danamon Indonesia Tbk is far larger — about 4.4× Golden Flower Tbk.'s market cap, and Bank Danamon Indonesia Tbk is more actively traded (1.96M versus 1.7K). Which is the better fit depends on your goals.
| BDMN | POLU | |
|---|---|---|
Market Cap | 40.06T | 9.09T |
Volume | 1.96M | 1.7K |
Lot | 19.62K | 17 |
Turnover | 8.11B | 20.56M |
Average Price | 4,134.3 | 12,094.12 |
Value | 8.11B | 20.56M |
Indicative Equilibrium Price | 4,150 | 12,000 |
Indicative Equilibrium Volume | 390 | 1 |
Trailing returns across standard periods
Latest headlines on both assets
Bank Danamon (the Bank) domiciled in Jakarta, was established on July 16, 1956, based on the notarial deed No. 134 of Meester Raden Soedja, S.H. The Bank received its permit as a commercial bank the following September 1956, and became a foreign exchange bank in November 1988. During the Asian Financial crisis of 1997, Bank Danamon ran into a liquidity insolvency and was taken over by the government of Indonesia in April 1998, which placed in the care of the Indonesian Bank Restructuring Agency (IBRA) to be included in the bank recapitalization and merger programs. Following a third rights issue by Bank Danamon and the subsequent merging of Bank PDFCI into the Bank on December 30, 1999; the racapitalizaton of Bank Danamon which increased its statutory capital To Rp 10 trillion on May 17, 2000; and the merging of eight private banks (Bank Jaya, Bank Tiara Asia, Bank Pos Nusntara, Bank Rama, Bank Tamara, Bank Nusa Nasional, Bank Duta and Bank Bank Risjad Salim International) into Bank Danamon on June 30, 2000; Bank Danamon re-emerged as one of Indonesia’s four designated core banks along with Bank Central Asia in the private sector, and with Bank andiri and Bank BNI in the Public sector.
Read more on BDMN →PT Golden Flower (The Company) was established on Semarang based on Deed of Incorporation No. 11 dated March 7, 1989 Notary Joeni Moeljani, S.H., The Company's Deed of establishment was corrected by Deed No. 26 dated July 10, 1996 by Notary Lenie Sahara Hardjanto Loebis, S.H., the Company name was changed to PT Puspa Sari Kencana. This Deed has been approved by Minister of Justice of the Republic Indonesia through Decree No. C2-9266 HT.01.01.Th.96 and was published in Gazette of the Republic of Indonesia dated April 22, 1997, No. 32. The Company name was changed according to Deed No. 1 dated April 2, 1997 from Notary Lenie Sahara Hardjanto Loebis, S.H., becoming PT Puspa Masindo, and finally the name of the Company changes again to become PT Golden Flower according to deed No. 20 dated October 14, 2004 from Notary Lenie Sahara Hardjanto Loebis, S.H., and was approved by the Minister of Law and Human Rights of the Republic of Indonesia with Decree No. C-11028 HT.01.04.TH.2005 on April 25, 2005.
Read more on POLU →