Bakrieland Development Tbk. vs Paninvest Tbk. — how do they compare? Bakrieland Development Tbk. trades at Rp22 (market cap 1T, 28.75M 24h volume), while Paninvest Tbk. trades at Rp735 (market cap 2.97T, 310.6K 24h volume). The key difference: Paninvest Tbk. is far larger — about 3× Bakrieland Development Tbk.'s market cap, and Bakrieland Development Tbk. is more actively traded (28.75M versus 310.6K). Which is the better fit depends on your goals.
| ELTY | PNIN | |
|---|---|---|
Market Cap | 1T | 2.97T |
Volume | 28.75M | 310.6K |
Lot | 287.49K | 3.11K |
Turnover | 638.29M | 226.63M |
Average Price | 22.2 | 729.65 |
Value | 638.29M | 226.63M |
Indicative Equilibrium Price | 22 | 735 |
Indicative Equilibrium Volume | 65.62K | 2 |
Trailing returns across standard periods
Latest headlines on both assets
PT Bakrieland Development Tbk. (“The Company”) was established with Notarial Deed No. 209 of John Leonard Waworuntu, S.H., dated June 12, 1990. The Company's articles of association have been amended several times, among others, the changes of the Company's name from PT Elang Realty (formerly PT. Purilestari Indah Pratama) Tbk. to PT Bakrieland Development Tbk. which have been notarized by Notarial Deed No. 29 of Harun Kamil, S.H., dated April 3, 1997.
Read more on ELTY →PT Paninvest Tbk formerly PT Panin Insurance Tbk (the Company) was established in Jakarta under the name PT Pan-Union Insurance Ltd., based on Notarial Deed No. 84 dated October 24, 1973 of Notary Juliaan Nimrod Siregar Gelar Mangaradja Namora, S.H. The Company is one of the companies under Pan Indonesia (Panin) Group. Based on the Minutes of General Shareholders's Meeting held on June 28, 2013 which was notarized in Notarial Deed of Kumala Tjahjani Widodo, S.H., M.H.,Mkn., No.78, dated June 28, 2013, the shareholders agree the plan to change the Company's main business activity from general insurance company to tourism and transferred its general insurance portfolio along with portion of its assets and liabilities related to general insurance business to PT Asuransi Umum Panin, subsidiary.
Read more on PNIN →