Krakatau Steel (Persero) Tbk. vs Omni Inovasi Indonesia Tbk. — how do they compare? Krakatau Steel (Persero) Tbk. trades at Rp238 (market cap 4.72T, 3.72M 24h volume), while Omni Inovasi Indonesia Tbk. trades at Rp9 (market cap 65.8B). The key difference: Krakatau Steel (Persero) Tbk. is far larger — about 71.7× Omni Inovasi Indonesia Tbk.'s market cap. Which is the better fit depends on your goals.
| KRAS | TELE | |
|---|---|---|
Market Cap | 4.72T | 65.8B |
Volume | 3.72M | — |
Lot | 37.21K | — |
Turnover | 889.74M | — |
Average Price | 239.1 | — |
Value | 889.74M | — |
Indicative Equilibrium Price | 238 | — |
Indicative Equilibrium Volume | 1.03K | — |
Trailing returns across standard periods
Latest headlines on both assets
PT Krakatau Steel (Persero) was established on August 31, 1970 as a result of Indonesian Government Regulation No. 35 in the year 1970 regarding is equity establishment. The establishment of this steel industry was started by utilizing the left over machinery of the former Russian initiated Trikora Steel Project, mainly on cold wire drawing, bar mill, and section mill.These plants were officially opened by the President of Republic Indonesia in 1977.In 1979, the operation of the facilities such as direct reduction plant (with the capacity of 1.5 million tons per annum), billet steel plant (with the capacity of 500,000 tons per annum), wire rod mill (with the capacity of 220,000 tons per annum) and infrastructure such as a steam power plant (400MW), water purifying installation, port of Cigading and telecommunications system were officially opened.In 1983 relatively large scale plants also formally started their operation, they are slab steel plant and hot strip mill.This was followed in 1991 by a merger of a cold rolling mill plant in Cilegon industrial zone, to become the production unit of PT Krakatau Steel (Persero).
Read more on KRAS →PT Tiphone Mobile Indonesia Tbk (the Company) established based on Notarial Deed No. 62 dated June 25, 2008 of David, S.H. Tiphone or Ti-Phone is a mobile phone brand owned by PT Tiphone Mobile Indonesia, which is a sister company of PT Telesindo Shop, a cell phone chain store and distributor.
Read more on TELE →