Indo Kordsa Tbk vs Pikko Land Development Tbk. — how do they compare? Indo Kordsa Tbk trades at Rp4,550 (market cap 2.01T, 1.2K 24h volume), while Pikko Land Development Tbk. trades at Rp64 (market cap 883.49B, 53.2M 24h volume). The key difference: Indo Kordsa Tbk is far larger — about 2.3× Pikko Land Development Tbk.'s market cap, and Pikko Land Development Tbk. is more actively traded (53.2M versus 1.2K). Which is the better fit depends on your goals.
| BRAM | RODA | |
|---|---|---|
Market Cap | 2.01T | 883.49B |
Volume | 1.2K | 53.2M |
Lot | 12 | 531.98K |
Turnover | 5.46M | 3.57B |
Average Price | 4,551.67 | 67.2 |
Value | 5.46M | 3.57B |
Indicative Equilibrium Price | — | 64 |
Indicative Equilibrium Volume | — | 5.78K |
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 Pikko Land Development Tbk (formerly PT Royal Oak Development Asia) was established called PT Roda Panggon Harapan based on notarial deed No.83 dated October 15, 1984 of Benny Kristianto, S.H., a public notary in Jakarta. The Company business is in property development, where most of its project located around Jakarta & Tanggerang. One of the biggest project is Simprug Estate in Poris, Tanggerang.
Read more on RODA →