MNC Energy Investments Tbk. vs Voksel Electric Tbk. — how do they compare? MNC Energy Investments Tbk. trades at Rp59 (market cap 1.88T, 99.06M 24h volume), while Voksel Electric Tbk. trades at Rp196 (market cap 814.5B, 19K 24h volume). The key difference: MNC Energy Investments Tbk. is far larger — about 2.3× Voksel Electric Tbk.'s market cap, and MNC Energy Investments Tbk. is more actively traded (99.06M versus 19K). Which is the better fit depends on your goals.
| IATA | VOKS | |
|---|---|---|
Market Cap | 1.88T | 814.5B |
Volume | 99.06M | 19K |
Lot | 990.58K | 190 |
Turnover | 5.84B | 3.74M |
Average Price | 58.91 | 196.83 |
Value | 5.84B | 3.74M |
Indicative Equilibrium Price | 59 | 196 |
Indicative Equilibrium Volume | 7.25K | 400 |
Trailing returns across standard periods
Latest headlines on both assets
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.
Read more on IATA →PT Voksel Electric Tbk (the Company) was established on April 19, 1971, the Company started its commercial operations in 1973. In developing the products diversification, the Company had engaged a support in technology with Showa Electric Wire & Cable Co., Ltd., Japan by entering into the technical collaborating agreement in the following years : 1975 Enameled Wire (known as wire for Dynamo/Trafo)1982 XLPE Power Cable (the Company was pioneer in Indonesia in manufacturing the cables for rural electricity development project)1986 Copper Telecommunication Cable 1992 Medium Voltage Power Cable 1996 Optical Fiber Telecommunication CableIn 1989, the Company became a joint venture foreign investment company after Showa Electric Wire & Cable Co., Ltd., developed the cooperation agreement by being one of the Companys shareholders.
Read more on VOKS →