Tanah Laut Tbk vs Armada Berjaya Trans Tbk — how do they compare? Tanah Laut Tbk trades at Rp60 (market cap 26.27B), while Armada Berjaya Trans Tbk trades at Rp156 (market cap 132.55B, 5.84M 24h volume). The key difference: Armada Berjaya Trans Tbk is far larger — about 5× Tanah Laut Tbk's market cap. Which is the better fit depends on your goals.
| INDX | JAYA | |
|---|---|---|
Market Cap | 26.27B | 132.55B |
Volume | — | 5.84M |
Lot | — | 58.43K |
Turnover | — | 920.63M |
Average Price | — | 157.56 |
Value | — | 920.63M |
Indicative Equilibrium Price | — | 156 |
Indicative Equilibrium Volume | — | 2.02K |
Trailing returns across standard periods
Latest headlines on both assets
PT Tanah Laut Tbk formerly PT Indoexchange Tbk (the Company) was established under the name PT Sanggrahamas Dipta based on Notarial Deed No.78 dated September 19, 1991 of Rahmah Arie Sutarjo, S.H., notary in Jakarta. The Company changed its status from Foreign Capital Investment Company to Domestic Capital Investment Company, approved by the Chairman of Capital Investment Coordinating Board in accordance with Approval Letter No. 38/V/PMDN/2008 dated September 23, 2008.
Read more on INDX →PT Armada Berjaya Trans (“the Entity”) was established based on the Notarial Deed No. 41 dated May 30, 2012 of Myra Yuwono, S.H. The Articles of Assocation has been amended several times, and the latest changes are stated in the Notarial Deed of Christina Dwi Utami, S.H. No. 39 dated August 21, 2018, concerning in the change in the Entity’s name from PT Armada Beton to PT Armada Berjaya Trans. PT Armada Beton specialising in Cement Mixer transporter. Since 2015 the company shifted its focus into general land transport business.
Read more on JAYA →