Armada Berjaya Trans Tbk vs Paninvest Tbk. — how do they compare? Armada Berjaya Trans Tbk trades at Rp123 (market cap 97.42B, 1.61M 24h volume), while Paninvest Tbk. trades at Rp735 (market cap 2.99T, 166.3K 24h volume). The key difference: Paninvest Tbk. is far larger — about 30.7× Armada Berjaya Trans Tbk's market cap, and Armada Berjaya Trans Tbk is more actively traded (1.61M versus 166.3K). Which is the better fit depends on your goals.
| JAYA | PNIN | |
|---|---|---|
Market Cap | 97.42B | 2.99T |
Volume | 1.61M | 166.3K |
Lot | 16.13K | 1.66K |
Turnover | 198.12M | 121.48M |
Average Price | 122.83 | 730.5 |
Value | 198.12M | 121.48M |
Indicative Equilibrium Price | 123 | 735 |
Indicative Equilibrium Volume | 64 | 5 |
Trailing returns across standard periods
Latest headlines on both assets
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 →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 →