Citatah Tbk. vs Quantum Clovera Investama Tbk. — how do they compare? Citatah Tbk. trades at Rp109 (market cap 136.62B, 3.38M 24h volume), while Quantum Clovera Investama Tbk. trades at Rp12 (market cap 218.5B, 17.75M 24h volume). The key difference: Quantum Clovera Investama Tbk. is the larger of the two by market cap, and Quantum Clovera Investama Tbk. is more actively traded (17.75M versus 3.38M). Which is the better fit depends on your goals.
| CTTH | KREN | |
|---|---|---|
Market Cap | 136.62B | 218.5B |
Volume | 3.38M | 17.75M |
Lot | 33.83K | 177.48K |
Turnover | 370.83M | 212.97M |
Average Price | 109.63 | 12 |
Value | 370.83M | 212.97M |
Indicative Equilibrium Price | 109 | 12 |
Indicative Equilibrium Volume | 1.66K | 102.92K |
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 →PT Kresna Graha Investama Tbk (the Company) was established under the name of PT. Kresna Graha Sekurindo based on Notarial Deed No. 11 dated September 10, 1999 of Fathiah Helmi, S.H., Notary in Jakarta.
Read more on KREN →