Merdeka Gold Resources Tbk. vs Cikarang Listrindo Tbk. — how do they compare? Merdeka Gold Resources Tbk. trades at Rp5,725 (market cap 84.34T, 5.04M 24h volume), while Cikarang Listrindo Tbk. trades at Rp715 (market cap 11.58T, 348.7K 24h volume). The key difference: Merdeka Gold Resources Tbk. is far larger — about 7.3× Cikarang Listrindo Tbk.'s market cap, and Merdeka Gold Resources Tbk. is more actively traded (5.04M versus 348.7K). Which is the better fit depends on your goals.
| EMAS | POWR | |
|---|---|---|
Market Cap | 84.34T | 11.58T |
Volume | 5.04M | 348.7K |
Lot | 50.41K | 3.49K |
Turnover | 28.96B | 250.8M |
Average Price | 5,743.79 | 719.26 |
Value | 28.96B | 250.8M |
Indicative Equilibrium Price | 5,750 | 720 |
Indicative Equilibrium Volume | 145 | 23.2K |
Trailing returns across standard periods
Latest headlines on both assets
PT Merdeka Gold Resources Tbk (formerly PT Pani Bersama Jaya) (the Company), was established in Republic of Indonesia based on Deed of Establishment No. 87 dated 20 November 2015 made before Humberg Lie, S.H., S.E., M.Kn., Notary in North Jakarta. The ultimate parent entity of the Company is PT Merdeka Copper Gold Tbk (MCG). Meanwhile, MCG is jointly controlled by PT Provident Capital Indonesia and PT Saratoga Investama Sedaya Tbk, which are respectively controlled by Winato Kartono and Edwin Soeryadjaya.
Read more on EMAS →PT Cikarang Listrindo Tbk (the Company) was established within the framework of the Domestic Investment Law No. 6 Year 1968 which was amended by Law No. 12 Year 1970, based on Notarial Deed No. 187 of Lukman Kirana, S.H., dated July 28, 1990. About 45 km southeast of Jakarta, starting in 1992, Cikarang Listrindo built its first power plant in the heart of Jababeka Industrial Estate and since then has set the pace for industrial development by providing its customers with a high quality supply of electricity. More than 2,000 customers in 5 industrial estates trust Cikarang Listrindo to deliver reliable and stable power. Among those customers are national and international manufacturers in such sectors as automobiles, electronics, plastics, food and chemicals. They include multinational firms such as PT Astra Honda Motor, PT Mattel Indonesia, PT Omron Manufacturing of Indonesia, PT Komatsu Undercarriage Indonesia, PT Mayora Indah, PT Aisin Indonesia, PT Yanmar Indonesia, PT AJE Indonesia, PT Mitsubishi Electric Automotive, PT Enkei Indonesia, PT Jotun Indonesia, PT Kao Indonesia, PT Kansai Paint Indonesia, PT Kayaba Indonesia and PT Showa Indonesia Manufacturing along with many leading national companies. To meet the industrial customers’ growing demand and to have a more reliable electricity supply system, in 2015 Cikarang Listrindo operates its additional power plant in Megalopolis Manunggal 2100 Industrial Town. Cikarang Listrindo has now a combined plant capacity of 864 MW. An expansion program to raise available power up to 1,144 MW is in progress. Besides satisfying the demand of its industrial customers the company exports power to the national electricity grid of PLN. The company is committed to providing all its customers with the highest level of service in meeting their needs for stable and reliable power. Seamless and smooth supply of electricity gives customers a significant advantage in their operations and affords a level of reliability unsurpassed in Indonesia’s energy market.
Read more on POWR →