Paninvest Tbk. vs Terregra Asia Energy Tbk. — how do they compare? Paninvest Tbk. trades at Rp725 (market cap 2.93T, 435.7K 24h volume), while Terregra Asia Energy Tbk. trades at Rp27 (market cap 74.25B). The key difference: Paninvest Tbk. is far larger — about 39.5× Terregra Asia Energy Tbk.'s market cap. Which is the better fit depends on your goals.
| PNIN | TGRA | |
|---|---|---|
Market Cap | 2.93T | 74.25B |
Volume | 435.7K | — |
Lot | 4.36K | — |
Turnover | 315.34M | — |
Average Price | 723.75 | — |
Value | 315.34M | — |
Indicative Equilibrium Price | 725 | — |
Indicative Equilibrium Volume | 1 | — |
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 Terregra Asia Energy Tbk (the Company) formerly was established (PT Mitra Megatama Perkasa) based on Notarial Deed No. 31 dated November 7, 1995 of T. Francisca Teresa N. S.H., a public notary in Denpasar. The Company was established as a Mechanical and Electrical contractor focusing on the power generating sector, primarily working for PLN, Indonesia’s national electricity company. In 2010, MMP made its first investment in power generation, a mini-hydro plant located in Sumatera. MMP became PT. Terregra Asia Energy in 2016 as it shifted its focus to hydro and solar photo-voltaic power generation. Terregra is now constructing a fleet of hydro-generation power plants and both roof-top and utility scale photo-voltaic developments. Working with proven technologies combined with its own experienced development, power engineering and management professionals as well as its own O&M team and partnering with some of the most experienced renewable power developers and technology providers in the world, Terregra is aiming to have over 300 MW of sustainable generation in operation within the next 5 years.
Read more on TGRA →