Limas Indonesia Makmur Tbk vs Wicaksana Overseas International Tbk. — how do they compare? Limas Indonesia Makmur Tbk trades at Rp50 (market cap 39.39B), while Wicaksana Overseas International Tbk. trades at Rp123 (market cap 294.43B). The key difference: Wicaksana Overseas International Tbk. is far larger — about 7.5× Limas Indonesia Makmur Tbk's market cap. Which is the better fit depends on your goals.
| LMAS | WICO | |
|---|---|---|
Market Cap | 39.39B | 294.43B |
Trailing returns across standard periods
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Based in Jakarta and established on June 4th 1996, Limas offers comprehensive financial information services for the financial sector. On 3rd quarter of 1999, S&P Comstocks, Inc appointed the Company as its strategic partner for its data distribution agent in Indonesia. On November 1999, the Company launched its first real time terminal product called StockWatch with extensive tools and coverage for trading on Jakarta Stock Exchange. On January 2000, Limas received endorsements from the Jakarta Stock Exchange to provide its members with the StockWatch terminal. Further endorsements were followed subsequently from Surabaya Stock Exchange to its members on March 2000. On June 2000, the Company launched www.e-bursa.com the first financial sites in local language bahasa. On December 2000, Limas partnered with Dow Jones Newswire to launch the first real time news in bahasa called Dow Jones Limas news. On September 2001, StockWatch version 2.1 was launched and was the first realtime terminal to provide live coverage on Futures trading on the Surabaya Stock Exchange.
Read more on LMAS →PT Wicaksana Overseas International Tbk (the Company) was established in the Republic of Indonesia on January 19, 1973 based on the Notarial Deed No. 80 of Julian Nimrod Siregar, S.H. The Company began its business with the establishment of PT Djangkar Djati in Medan, North Sumatera in 1964 for importing and exporting consumer goods to Singapore. In the same year, the company was entrusted to distribute BAT cigarettes. In 1973, the distribution business was expanded to distribute imported BAT cigarettes. Since 1973, the business was also expanded to a wider range of products such as candies and snack, beverages, milk powder, instant noodle, jelly and disposable cigarette lighters. In line with the increasing number of product varieties, the company also expanded its distribution areas to big cities in Sumatera, Java and Kalimantan. In this year, the distribution business was transferred to PT Wicaksana Overseas Import, which in 1992 changed its name to PT Wicaksana Overseas International. In 1994, the company conducted a public offering of 20,000,000 shares with a par value of Rp 1,000 per share to the public at price of Rp 3,250 per share. Up to December 1995, the proceeds from the IPO have been fully used in conformity with the companys plan at the time of listing.
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