Citatah Tbk. vs Greenwood Sejahtera Tbk. — how do they compare? Citatah Tbk. trades at Rp108 (market cap 134.16B, 2.72M 24h volume), while Greenwood Sejahtera Tbk. trades at Rp120 (market cap 928.29B, 570K 24h volume). The key difference: Greenwood Sejahtera Tbk. is far larger — about 6.9× Citatah Tbk.'s market cap, and Citatah Tbk. is more actively traded (2.72M versus 570K). Which is the better fit depends on your goals.
| CTTH | GWSA | |
|---|---|---|
Market Cap | 134.16B | 928.29B |
Volume | 2.72M | 570K |
Lot | 27.24K | 5.7K |
Turnover | 294.2M | 68.9M |
Average Price | 108 | 120.87 |
Value | 294.2M | 68.9M |
Indicative Equilibrium Price | 111 | 124 |
Indicative Equilibrium Volume | 144 | 25 |
Trailing returns across standard periods
Latest headlines on both assets
Citatah was the first private company to develop Indonesia’s marble resources, and has been involved in the extraction and processing of marble for twenty five years. Established in 1974, the company began mining began mining beige marble from its quarry near Bandung, and subsequently achieved a dominant market position for its material in Indonesia. In January 1996, the company acquired a 90% shareholding in PT Quarindah Ekamaju Marmer, a marble company with quarries and a modern processing plant in Singkep, South Sulawesi. Soon after, Citatah acquired a license to mine an additional quarry at Pingkep, which increased the company’s potential raw material output to 60,000 cubic meters a year. In 1998, Citatah opened its Special Projects Centre at Karawang, East of Jakarta. This processing facility comprises a marble and granite slab cutting and polishing factory alongside a design and fabrication factory, which houses a variety of specialist cutting, shaping and finishing machinery. The special projects center is considered to be one of the most modern and complete stone fabrication factories in the world. In 1999, Citatah began excavation at a 50 hectare quarry site in West Timur. This new quarry produces a unique and attractive beige marble which will become the company’s principal export product for the new millennium. Work has already begun on the necessary infrastructure to fully develop the quarry site. An international sales network of agents and representatives supports Citatah’s production, and a majority owned sales subsidiary, UGMC Inc., in California, USA. In 1999, three quarters of the company’s production was exported, mainly to markets in the Asia Pacific region and the US, an overseas revenues accounted for over 90% of Total Sales, and in 2000, 75% of Total Sales.
Read more on CTTH →Greenwood Sejahtera is part of KG Global Development. On the begining, the company have a relation with Jababeka group, which own the land that has been used to builit TCC Batavia.PT Greenwood Sejahtera, company that developing The City Center Batavia (TCC Batavia), on December 23, 2011. The City Center Batavia is a superblock, mix used development project on top of 2,1 hectares of land. Its first tower is a skycrapper building: a tower with 46 storey, plus an 8 storey annex. According to the masterplan, Greenwood Sejahtera will build 3 tower on the site. The other tower will be completed in 2017 and the area will be expanded to 5.4 hectares. Its ground breaking ceremony is on September 12, 2009.
Read more on GWSA →