Fortune Mate Indonesia Tbk vs Paninvest Tbk. — how do they compare? Fortune Mate Indonesia Tbk trades at Rp254 (market cap 1.61T, 11.4K 24h volume), while Paninvest Tbk. trades at Rp740 (market cap 2.99T, 18.5K 24h volume). The key difference: Paninvest Tbk. is the larger of the two by market cap, and Paninvest Tbk. is more actively traded (18.5K versus 11.4K). Which is the better fit depends on your goals.
| FMII | PNIN | |
|---|---|---|
Market Cap | 1.61T | 2.99T |
Volume | 11.4K | 18.5K |
Lot | 114 | 185 |
Turnover | 2.84M | 13.43M |
Average Price | 249.09 | 726.05 |
Value | 2.84M | 13.43M |
Indicative Equilibrium Price | 252 | — |
Indicative Equilibrium Volume | 100 | — |
Trailing returns across standard periods
Latest headlines on both assets
PT Fortune Mate Indonesia Tbk (the Entity) was established within the framework of the Foreign Capital Investment Law (PMA) No. 1 year 1967 based on Notarial Deed No. 44 dated June 24, 1989 by Rika You Soo Shin, S.H., notary in Surabaya. The Entity has started its commercial operations since 1989 comprises the manufacturing of footwear were located in Sidoarjo, East Java and stopped its operation since middle of March 2004. The Entity's office and real estate are located in Surabaya.
Read more on FMII →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 →