Resource Alam Indonesia Tbk vs Paninvest Tbk. — how do they compare? Resource Alam Indonesia Tbk trades at Rp278 (market cap 1.36T, 3.94M 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 2.2× Resource Alam Indonesia Tbk's market cap, and Resource Alam Indonesia Tbk is more actively traded (3.94M versus 166.3K). Which is the better fit depends on your goals.
| KKGI | PNIN | |
|---|---|---|
Market Cap | 1.36T | 2.99T |
Volume | 3.94M | 166.3K |
Lot | 39.35K | 1.66K |
Turnover | 1.09B | 121.48M |
Average Price | 277.35 | 730.5 |
Value | 1.09B | 121.48M |
Indicative Equilibrium Price | 278 | 735 |
Indicative Equilibrium Volume | 65 | 5 |
Trailing returns across standard periods
Latest headlines on both assets
PT Resource Alam Indonesia Tbk (the Company) was originally established under the name PT Kurnia Kapuas Utama Glue Industries (which was subsequently changed to PT Kurnia Kapuas Utama Tbk). PT Kurnia Kapuas Glue industries founded in 1981 in Pontianak, West Kalimantan and produces formalin and resin. The company supplies glue for plywood factories within the Bumi Raya Utama Group (BRU Group). The company is domestic investment.
Read more on KKGI →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 →