Pelat Timah Nusantara Tbk. vs Paninvest Tbk. — how do they compare? Pelat Timah Nusantara Tbk. trades at Rp197 (market cap 492.05B, 3.66M 24h volume), while Paninvest Tbk. trades at Rp735 (market cap 3.03T, 606.1K 24h volume). The key difference: Paninvest Tbk. is far larger — about 6.2× Pelat Timah Nusantara Tbk.'s market cap, and Pelat Timah Nusantara Tbk. is more actively traded (3.66M versus 606.1K). Which is the better fit depends on your goals.
| NIKL | PNIN | |
|---|---|---|
Market Cap | 492.05B | 3.03T |
Volume | 3.66M | 606.1K |
Lot | 36.64K | 6.06K |
Turnover | 716.64M | 442.26M |
Average Price | 195.61 | 729.68 |
Value | 716.64M | 442.26M |
Indicative Equilibrium Price | 197 | 735 |
Indicative Equilibrium Volume | 149 | 2 |
Trailing returns across standard periods
Latest headlines on both assets
PT Pelat Timah Nusantara Tbk (PT Latinusa) was the first company in Indonesia that produces high-quality tinplate with international standards. PT Latinusa was founded on August 19, 1982 under the Company Act No.45, drawn up before Imas Fatimah, SH, and the current majority shareholder is the Japanese consortium consisting of Nippon Steel Corporation, Mitsui Co.. Ltd.., Nippon Steel Trading Co.., And Metal One. Nippon Steel Corporation is also the provider of our main raw material, Tin Mill Black Plate (TMBP), so the availability of raw materials is always guaranteed.
Read more on NIKL →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 →