Budi Starch Sweetener Tbk vs Merdeka Gold Resources Tbk. — how do they compare? Budi Starch Sweetener Tbk trades at Rp218 (market cap 989.78B, 51K 24h volume), while Merdeka Gold Resources Tbk. trades at Rp7,575 (market cap 111.96T, 6.47M 24h volume). The key difference: Merdeka Gold Resources Tbk. is far larger — about 113.1× Budi Starch Sweetener Tbk's market cap, and Merdeka Gold Resources Tbk. is more actively traded (6.47M versus 51K). Which is the better fit depends on your goals.
| BUDI | EMAS | |
|---|---|---|
Market Cap | 989.78B | 111.96T |
Volume | 51K | 6.47M |
Lot | 510 | 64.67K |
Turnover | 11.21M | 49.34B |
Average Price | 219.84 | 7,630.41 |
Value | 11.21M | 49.34B |
Indicative Equilibrium Price | 224 | 7,500 |
Indicative Equilibrium Volume | 3 | 804 |
Trailing returns across standard periods
Latest headlines on both assets
PT Budi Starch & Sweetener Tbk (the Company) formerly Budi Acid Jaya (BAJ) was established based on Notarial Deed No. 15 dated January 15, 1979 of Henk Limanow, SH., public notary in Jakarta. PT Budi Starch & Sweetener Tbk is the world`s largest tapioca starch producer. BAJ is an integrated cassava based manufacturer : citric acid, modified tapioca starch and monosodium glutamate (MSG). It also produces sulphuric acid and poly propelene woven bag.
Read more on BUDI →PT Merdeka Gold Resources Tbk (formerly PT Pani Bersama Jaya) (the Company), was established in Republic of Indonesia based on Deed of Establishment No. 87 dated 20 November 2015 made before Humberg Lie, S.H., S.E., M.Kn., Notary in North Jakarta. The ultimate parent entity of the Company is PT Merdeka Copper Gold Tbk (MCG). Meanwhile, MCG is jointly controlled by PT Provident Capital Indonesia and PT Saratoga Investama Sedaya Tbk, which are respectively controlled by Winato Kartono and Edwin Soeryadjaya.
Read more on EMAS →