Formosa Ingredient Factory Tbk vs Langgeng Makmur Industri Tbk. — how do they compare? Formosa Ingredient Factory Tbk trades at Rp248 (market cap 288.94B, 964K 24h volume), while Langgeng Makmur Industri Tbk. trades at Rp139 (market cap 139.18B, 244.8K 24h volume). The key difference: Formosa Ingredient Factory Tbk is far larger — about 2.1× Langgeng Makmur Industri Tbk.'s market cap, and Formosa Ingredient Factory Tbk is more actively traded (964K versus 244.8K). Which is the better fit depends on your goals.
| BOBA | LMPI | |
|---|---|---|
Market Cap | 288.94B | 139.18B |
Volume | 964K | 244.8K |
Lot | 9.64K | 2.45K |
Turnover | 239.77M | 34.79M |
Average Price | 248.73 | 142.1 |
Value | 239.77M | 34.79M |
Indicative Equilibrium Price | 248 | 139 |
Indicative Equilibrium Volume | 459 | 28 |
Trailing returns across standard periods
Latest headlines on both assets
PT Formosa Ingredient Factory, Tbk ("Company") was established based on the Deed No. 04 dated April 11, 2016 of Besus Tri Prasetyo, S.H., Notary in Tangerang. The Company started its commercial operations since August 18, 2017.
Read more on BOBA →PT. Langgeng Makmur Industri TBk (the Company) was established under the Domestic Capital Investment Law No. 6 of 1968 as amended by Law No. 12 of 1970, based on the Notarial Deed No. 40 dated November 30, 1972 of Kho Boen Tian, S.H., which was amended by Notarial Deed No. 3 dated January 7, 1976 of the same notary concerning the change in the Company name from PT Langgeng Jaya Plastic Industry Ltd., to PT Langgeng Makmur Plastic Industry Ltd. Based on Notarial Deed No. 450 dated June 27, 1997 of Adam Kasdarmadji, S.H., the Company's name has been changed, to PT Langgeng Makmur Industri Tbk.
Read more on LMPI →