Indo Kordsa Tbk vs Golden Flower Tbk. — how do they compare? Indo Kordsa Tbk trades at Rp4,550 (market cap 2.01T, 1.2K 24h volume), while Golden Flower Tbk. trades at Rp13,475 (market cap 9.96T, 8K 24h volume). The key difference: Golden Flower Tbk. is far larger — about 5× Indo Kordsa Tbk's market cap, and Golden Flower Tbk. is more actively traded (8K versus 1.2K). Which is the better fit depends on your goals.
| BRAM | POLU | |
|---|---|---|
Market Cap | 2.01T | 9.96T |
Volume | 1.2K | 8K |
Lot | 12 | 80 |
Turnover | 5.46M | 109.83M |
Average Price | 4,551.67 | 13,728.44 |
Value | 5.46M | 109.83M |
Indicative Equilibrium Price | — | 13,475 |
Indicative Equilibrium Volume | — | 1 |
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 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 →