Citra Tubindo Tbk. vs Optima Prima Metal Sinergi Tbk. — how do they compare? Citra Tubindo Tbk. trades at Rp5,050 (market cap 4.04T), while Optima Prima Metal Sinergi Tbk. trades at Rp103 (market cap 103B). The key difference: Citra Tubindo Tbk. is far larger — about 39.2× Optima Prima Metal Sinergi Tbk.'s market cap. Which is the better fit depends on your goals.
| CTBN | OPMS | |
|---|---|---|
Market Cap | 4.04T | 103B |
Trailing returns across standard periods
Latest headlines on both assets
PT Citra Tubindo Tbk (the Company) was established on August 23rd, 1983, on Batam Island under the rules of the Domestic Capital Investment (PMDN) the main activities of the Company are seamless pipe processing, end finishing of Oil Country Tubular Goods (OCTG) and fabricating accessories for the Oil and Gas Industry. The Threading and End Finishing plant commenced commercial operation in 1984 and received American Petroleum Institute (API) in the same year. In 1986 the Company installed and put into operation a precision electro-plating plant which also passed the stringent requirements of MEPSI (Mobil Exploration and Production Services Inc.) standards. The Company has also built an assembly line for Drilltec Protectors, to reduce the dependency on overseas supplies. The products of the Company are distributed among domestic and international oil and gas contractors operating in Indonesia, and increasingly exported to contractors working in countries such as Malaysia, India, Vietnam, the Middle East, Japan Canada, Australia, Venezuela and the Philippines.
Read more on CTBN →PT. Optima Prima Metal Sinergi Tbk (the Company) was established under the name of PT Asian Prima Indosteel based on Notarial Deed No. 02 of Gema Bismantak, S.H., M.Kn. dated September 5, 2012. PT Asian Perkasa Indosteel, a company incorporated in Surabaya, is the immediate and ultimate parent of the Company. The Company started its commercial operation in 2012.
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