Paninvest Tbk. vs Abadi Lestari Indonesia Tbk. — how do they compare? Paninvest Tbk. trades at Rp735 (market cap 3.03T, 606.1K 24h volume), while Abadi Lestari Indonesia Tbk. trades at Rp3,730 (market cap 10.41T, 1.29M 24h volume). The key difference: Abadi Lestari Indonesia Tbk. is far larger — about 3.4× Paninvest Tbk.'s market cap, and Abadi Lestari Indonesia Tbk. is more actively traded (1.29M versus 606.1K). Which is the better fit depends on your goals.
| PNIN | RLCO | |
|---|---|---|
Market Cap | 3.03T | 10.41T |
Volume | 606.1K | 1.29M |
Lot | 6.06K | 12.9K |
Turnover | 442.26M | 4.67B |
Average Price | 729.68 | 3,617.04 |
Value | 442.26M | 4.67B |
Indicative Equilibrium Price | 735 | 3,730 |
Indicative Equilibrium Volume | 2 | 142 |
Trailing returns across standard periods
Latest headlines on both assets
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 →PT Abadi Lestari Indonesia (the Entity) was established based on Notarial Deed No. 166 of Siti Nurul Hidajah, S.H., M.Kn., Notary in Bojonegoro, dated August 11, 2014. The Entity started its commercial operations in 2014. PT Abadi Lestari Indonesia is the parent entity, whereas Edwin Pranata is the ultimate beneficial owner of the group.
Read more on RLCO →