Bank Danamon Indonesia Tbk vs Timah Tbk. — how do they compare? Bank Danamon Indonesia Tbk trades at Rp4,150 (market cap 40.06T, 1.96M 24h volume), while Timah Tbk. trades at Rp3,440 (market cap 25.84T, 24.12M 24h volume). The key difference: Bank Danamon Indonesia Tbk is the larger of the two by market cap, and Timah Tbk. is more actively traded (24.12M versus 1.96M). Which is the better fit depends on your goals.
| BDMN | TINS | |
|---|---|---|
Market Cap | 40.06T | 25.84T |
Volume | 1.96M | 24.12M |
Lot | 19.62K | 241.21K |
Turnover | 8.11B | 82.37B |
Average Price | 4,134.3 | 3,415.04 |
Value | 8.11B | 82.37B |
Indicative Equilibrium Price | 4,150 | 3,440 |
Indicative Equilibrium Volume | 390 | 23.14K |
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 Timah Tbk (Company) was officially establish by Imas Fatimah, SH by Notarial Deed No.1 dated 2 August 1976. The Company represents a merger of three Dutch Mining companies with operations in Indonesia. The Company’s registration statement in offer 50.330.000 new B class shares at par value of Rp. 500 per share in Indonesia was effective on 27 September 1995. In relation to the offering the new shares, the Government of the Republic of Indonesia also offered 125,825,000 B class shares which were represented by 12,582,500 GDR (each GDR representing 10 B class shares) to the public outside Indonesia. Gross profit for 1999 stand at Rp 751 billion, a figure 45% lower than that achieved in 1998, when gross profits reached Rp 1,362 billion.
Read more on TINS →