Gunung Raja Paksi Tbk. vs MNC Energy Investments Tbk. — how do they compare? Gunung Raja Paksi Tbk. trades at Rp294 (market cap 3.58T, 778.5K 24h volume), while MNC Energy Investments Tbk. trades at Rp57 (market cap 1.85T, 125.36M 24h volume). The key difference: Gunung Raja Paksi Tbk. is the larger of the two by market cap, and MNC Energy Investments Tbk. is more actively traded (125.36M versus 778.5K). Which is the better fit depends on your goals.
| GGRP | IATA | |
|---|---|---|
Market Cap | 3.58T | 1.85T |
Volume | 778.5K | 125.36M |
Lot | 7.79K | 1.25M |
Turnover | 227.59M | 7.18B |
Average Price | 292.34 | 57.25 |
Value | 227.59M | 7.18B |
Indicative Equilibrium Price | 294 | 57 |
Indicative Equilibrium Volume | 10 | 12.88K |
Trailing returns across standard periods
Latest headlines on both assets
PT. Gunung Raja Paksi Tbk (the Company) was established under the name of PT Gunung Naga Mas based on Notarial Deed No.229 of Chairani Bustami,S.H. dated August 20,1990 that was amended by Notarial Deed No.25 dated June 6,1991. The change from Foreign Capital Investment (“FCI”) to Domestic Capital Investment (“DCI”) has been approved by the Capital Investment Coordinating Board of the Republic of Indonesia in its Letter No.346/1/IP/PMDN/2016 dated December 15, 2016.
Read more on GGRP →PT MNC Energy Investments Tbk (“Company”) was established based on Deed No. 14 dated September 10, 1968 of Notary Frederik Alexander Tumbuan. The Deed of Establishment was approved by the Ministry of Justice of the Republic of Indonesia, in its Letter No. JA5/18/21 dated April 15, 1969. The Company’s Articles of Association has been amended several times, most recently by Deed No. 102 dated December 15, 2022 of Notary Aulia Taufani SH, Notary in South Jakarta.The Company engaged in investments focusing on the energy sector, particularly coal mining. The Company take over 99,33% of PT Bhakti Coal Resources (“BCR”) shares from PT MNC Asia Holding Tbk. BCR is the parent company of eight coal companies with Mining Business Licenses (IUP) in Musi Banyuasin, South Sumatera. The total mining area is approximately 72.478 Ha with estimated total resources of up to 1.6 billion MT.The Company also has other subsidiaries that developed various types of business, such as mining service and port management through PT MNC Infrastruktur Utama, air charter services through PT Indonesia Air Transport, aircraft repair and maintenance through PT Global Maintenance Facility, and PT Bhakti Migas Resources.
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