Modernland Realty Tbk. vs Paninvest Tbk. — how do they compare? Modernland Realty Tbk. trades at Rp50 (market cap 626.65B, 670.4K 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 4.8× Modernland Realty Tbk.'s market cap, and Modernland Realty Tbk. is more actively traded (670.4K versus 166.3K). Which is the better fit depends on your goals.
| MDLN | PNIN | |
|---|---|---|
Market Cap | 626.65B | 2.99T |
Volume | 670.4K | 166.3K |
Lot | 6.7K | 1.66K |
Turnover | 33.52M | 121.48M |
Average Price | 50 | 730.5 |
Value | 33.52M | 121.48M |
Indicative Equilibrium Price | 50 | 735 |
Indicative Equilibrium Volume | 1 | 5 |
Trailing returns across standard periods
Latest headlines on both assets
PT. Modernland Realty tbk (the Company) was established based on Notarial deed No. 15 dated 8 August 1983 of Hendra Karyadi, S.H. The Company operates in land acquisition and site development and in the sale and management of housing estate, buildings and offices. The company started its operations in 1989 with marketing houses in Tangerang Regency.
Read more on MDLN →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 →