Indo Kordsa Tbk vs MNC Energy Investments Tbk. — how do they compare? Indo Kordsa Tbk trades at Rp4,550 (market cap 2.01T, 1.2K 24h volume), while MNC Energy Investments Tbk. trades at Rp59 (market cap 1.88T, 99.06M 24h volume). The key difference: Indo Kordsa Tbk and MNC Energy Investments Tbk. are close in size by market cap, and MNC Energy Investments Tbk. is more actively traded (99.06M versus 1.2K). Which is the better fit depends on your goals.
| BRAM | IATA | |
|---|---|---|
Market Cap | 2.01T | 1.88T |
Volume | 1.2K | 99.06M |
Lot | 12 | 990.58K |
Turnover | 5.46M | 5.84B |
Average Price | 4,551.67 | 58.91 |
Value | 5.46M | 5.84B |
Indicative Equilibrium Price | — | 59 |
Indicative Equilibrium Volume | — | 7.25K |
Trailing returns across standard periods
Latest headlines on both assets
PT Indo Kordsa Tbk (the Company) was established in 1981 in Jakarta, PT Branta Mulia Tbk was South East Asian’s first tire cord fabric manufacturer. The Branta Mulia Group has since expanded its vertical integration to include the production facilities of nylon 66 and polyester tire yarns used in the manufacture of tire cord fabrics. The company’s production process applies state of the art technologies in its Indonesian and Thailand tire cord fabric plants. PT Branta Mulia Tbk became a publicly listed company in 1990 when its shares were initially listed on the Jakarta and Surabaya Stock Exchanges. All of the company’s issued shares have been de-listed from PT Bursa Efek Surabaya effective from 5 September 1999.
Read more on BRAM →PT MNC Energy Investments Tbk (“Company”) was established based on Deed No. 14 dated September 10, 1968 of Notary Frederik Alexander Tumbuan. The Deed of Establishment was approved by the Ministry of Justice of the Republic of Indonesia, in its Letter No. JA5/18/21 dated April 15, 1969. The Company’s Articles of Association has been amended several times, most recently by Deed No. 102 dated December 15, 2022 of Notary Aulia Taufani SH, Notary in South Jakarta.The Company engaged in investments focusing on the energy sector, particularly coal mining. The Company take over 99,33% of PT Bhakti Coal Resources (“BCR”) shares from PT MNC Asia Holding Tbk. BCR is the parent company of eight coal companies with Mining Business Licenses (IUP) in Musi Banyuasin, South Sumatera. The total mining area is approximately 72.478 Ha with estimated total resources of up to 1.6 billion MT.The Company also has other subsidiaries that developed various types of business, such as mining service and port management through PT MNC Infrastruktur Utama, air charter services through PT Indonesia Air Transport, aircraft repair and maintenance through PT Global Maintenance Facility, and PT Bhakti Migas Resources.
Read more on IATA →