Paninvest Tbk. vs Tirta Mahakam Resources Tbk — how do they compare? Paninvest Tbk. trades at Rp725 (market cap 2.93T, 435.7K 24h volume), while Tirta Mahakam Resources Tbk trades at Rp590 (market cap 657.65B, 520K 24h volume). The key difference: Paninvest Tbk. is far larger — about 4.5× Tirta Mahakam Resources Tbk's market cap, and Tirta Mahakam Resources Tbk is more actively traded (520K versus 435.7K). Which is the better fit depends on your goals.
| PNIN | TIRT | |
|---|---|---|
Market Cap | 2.93T | 657.65B |
Volume | 435.7K | 520K |
Lot | 4.36K | 5.2K |
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 Tirta Mahakam Resources Tbk (The Company) was established based on Deed No. 245 dated April 22, 1981 jo. Revision deed No. 14 dated January 11, 1982, both of which were made in front of Notary Kartini Muljadi, SH. The Company started its commercial production in November 1983. The Companys domicilie is in South of Jakarta with its factories in Samarinda, East Kalimantan.
Read more on TIRT →