Paninvest Tbk. vs Sumber Mineral Global Abadi Tbk. — how do they compare? Paninvest Tbk. trades at Rp735 (market cap 3.03T, 606.1K 24h volume), while Sumber Mineral Global Abadi Tbk. trades at Rp76 (market cap 638.75B, 21.58M 24h volume). The key difference: Paninvest Tbk. is far larger — about 4.7× Sumber Mineral Global Abadi Tbk.'s market cap, and Sumber Mineral Global Abadi Tbk. is more actively traded (21.58M versus 606.1K). Which is the better fit depends on your goals.
| PNIN | SMGA | |
|---|---|---|
Market Cap | 3.03T | 638.75B |
Volume | 606.1K | 21.58M |
Lot | 6.06K | 215.82K |
Turnover | 442.26M | 1.58B |
Average Price | 729.68 | 73.21 |
Value | 442.26M | 1.58B |
Indicative Equilibrium Price | 735 | 76 |
Indicative Equilibrium Volume | 2 | 12.3K |
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 Sumber Mineral Global Abadi Tbk (the Company) was established based on Notarial Deed No. 2 dated October 19, 2016 of Selina Bertha Eny, S.H., a notary in South Tanggerang. The Company started its commercial operations in 2016. The Company’s immediate and ultimate parententities are PT Sumber Global Energy Tbk and PT Sumbermas Inti Energi, respectively, both entities domiciled in Jakarta. The controlling interest of the Company is PT Sumber Global Energy Tbk.
Read more on SMGA →