Citra Tubindo Tbk. vs Voksel Electric Tbk. — how do they compare? Citra Tubindo Tbk. trades at Rp4,980 (market cap 4.04T, 64.4K 24h volume), while Voksel Electric Tbk. trades at Rp196 (market cap 814.5B, 28.2K 24h volume). The key difference: Citra Tubindo Tbk. is far larger — about 5× Voksel Electric Tbk.'s market cap, and Citra Tubindo Tbk. is more actively traded (64.4K versus 28.2K). Which is the better fit depends on your goals.
| CTBN | VOKS | |
|---|---|---|
Market Cap | 4.04T | 814.5B |
Volume | 64.4K | 28.2K |
Lot | 644 | 282 |
Turnover | 321.81M | 5.53M |
Average Price | 4,997.03 | 196 |
Value | 321.81M | 5.53M |
Indicative Equilibrium Price | 4,980 | — |
Indicative Equilibrium Volume | 7 | — |
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 Voksel Electric Tbk (the Company) was established on April 19, 1971, the Company started its commercial operations in 1973. In developing the products diversification, the Company had engaged a support in technology with Showa Electric Wire & Cable Co., Ltd., Japan by entering into the technical collaborating agreement in the following years : 1975 Enameled Wire (known as wire for Dynamo/Trafo)1982 XLPE Power Cable (the Company was pioneer in Indonesia in manufacturing the cables for rural electricity development project)1986 Copper Telecommunication Cable 1992 Medium Voltage Power Cable 1996 Optical Fiber Telecommunication CableIn 1989, the Company became a joint venture foreign investment company after Showa Electric Wire & Cable Co., Ltd., developed the cooperation agreement by being one of the Companys shareholders.
Read more on VOKS →