Bank Danamon Indonesia Tbk vs Voksel Electric Tbk. — how do they compare? Bank Danamon Indonesia Tbk trades at Rp4,150 (market cap 40.06T, 1.96M 24h volume), while Voksel Electric Tbk. trades at Rp195 (market cap 818.65B, 39.6K 24h volume). The key difference: Bank Danamon Indonesia Tbk is far larger — about 48.9× Voksel Electric Tbk.'s market cap, and Bank Danamon Indonesia Tbk is more actively traded (1.96M versus 39.6K). Which is the better fit depends on your goals.
| BDMN | VOKS | |
|---|---|---|
Market Cap | 40.06T | 818.65B |
Volume | 1.96M | 39.6K |
Lot | 19.62K | 396 |
Turnover | 8.11B | 7.75M |
Average Price | 4,134.3 | 195.61 |
Value | 8.11B | 7.75M |
Indicative Equilibrium Price | 4,150 | — |
Indicative Equilibrium Volume | 390 | — |
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 Voksel Electric Tbk (the Company) was established on April 19, 1971, the Company started its commercial operations in 1973. In developing the products diversification, the Company had engaged a support in technology with Showa Electric Wire & Cable Co., Ltd., Japan by entering into the technical collaborating agreement in the following years : 1975 Enameled Wire (known as wire for Dynamo/Trafo)1982 XLPE Power Cable (the Company was pioneer in Indonesia in manufacturing the cables for rural electricity development project)1986 Copper Telecommunication Cable 1992 Medium Voltage Power Cable 1996 Optical Fiber Telecommunication CableIn 1989, the Company became a joint venture foreign investment company after Showa Electric Wire & Cable Co., Ltd., developed the cooperation agreement by being one of the Companys shareholders.
Read more on VOKS →