Gunung Raja Paksi Tbk. vs Smart Tbk. — how do they compare? Gunung Raja Paksi Tbk. trades at Rp294 (market cap 3.58T, 527.5K 24h volume), while Smart Tbk. trades at Rp5,625 (market cap 15.51T, 77.6K 24h volume). The key difference: Smart Tbk. is far larger — about 4.3× Gunung Raja Paksi Tbk.'s market cap, and Gunung Raja Paksi Tbk. is more actively traded (527.5K versus 77.6K). Which is the better fit depends on your goals.
| GGRP | SMAR | |
|---|---|---|
Market Cap | 3.58T | 15.51T |
Volume | 527.5K | 77.6K |
Lot | 5.28K | 776 |
Turnover | 154.61M | 431.37M |
Average Price | 293.1 | 5,558.89 |
Value | 154.61M | 431.37M |
Indicative Equilibrium Price | 296 | 5,475 |
Indicative Equilibrium Volume | 300 | 38 |
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 →The Company began its business under the name of PT Maskapai Perkebunan Sumcama Padang Halaban in 1962. In 1970, the Company was returned to the foreign party and converted its status to PMA (Foreign Capital Investment). Further in 1985, the status of the Company was converted to PMDN (Domestic Capital Investment). The Company then in 1991 changed its name to PT Sinar Mas Agro Resources and Technology Corporation or abbreviated PT SMART Corporation. In 1989, the Company acquired 100% shares of 2 oil palm plantations, PT Maskapai Perkebunan Leidong West Indonesia and PT Perusahaan Perkebunan Panigoran. The Comapany the also acquired 100% shares of PT Maskapai Perkebunan Indorub Sumber Wadung, tea plantation. In 1991, the Company took over 100% shares of PT Nirmala Agung; tea plantation, PT PT Global Agronusa Indonesia; banana plantation, PT Mulyorejo Industrial Company; a producer of cooking oil, margarine and shortening, and acquired a 25% stake in PT Grahamas Indojaya; transportation company. Prior to the public offering in 1992, the Company took over 100% shares of PT Kunci Mas Wijaya, 49% shares of PT Inti Gerakmaju; hybrid coconut and an oil palm plantation, and a 49% shares of PT Tapian Nadenggan; an oil palm plantation. The Company then acquired 50% shares of PT Sinar Meadow International Indonesia; producer of cooking oil, margarine and shortening, and PT Sinar Pure Foods International; a tuna canning operation. In 1993, the Company took over two oil palm plantation, PT Kresna Duta Agroindo which ia located in Jambiand PT Pilinti Perkasa Alam then changed its name to PT Ivo Mas Exim, which is located in Riau.
Read more on SMAR →