Paninvest Tbk. vs Voksel Electric Tbk. — how do they compare? Paninvest Tbk. trades at Rp735 (market cap 3.03T, 606.1K 24h volume), while Voksel Electric Tbk. trades at Rp199 (market cap 822.81B, 1.96M 24h volume). The key difference: Paninvest Tbk. is far larger — about 3.7× Voksel Electric Tbk.'s market cap, and Voksel Electric Tbk. is more actively traded (1.96M versus 606.1K). Which is the better fit depends on your goals.
| PNIN | VOKS | |
|---|---|---|
Market Cap | 3.03T | 822.81B |
Volume | 606.1K | 1.96M |
Lot | 6.06K | 19.6K |
Turnover | 442.26M | 425.41M |
Average Price | 729.68 | 217.09 |
Value | 442.26M | 425.41M |
Indicative Equilibrium Price | 735 | 199 |
Indicative Equilibrium Volume | 2 | 206 |
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 Voksel Electric Tbk (the Company) was established on April 19, 1971, the Company started its commercial operations in 1973. In developing the products diversification, the Company had engaged a support in technology with Showa Electric Wire & Cable Co., Ltd., Japan by entering into the technical collaborating agreement in the following years : 1975 Enameled Wire (known as wire for Dynamo/Trafo)1982 XLPE Power Cable (the Company was pioneer in Indonesia in manufacturing the cables for rural electricity development project)1986 Copper Telecommunication Cable 1992 Medium Voltage Power Cable 1996 Optical Fiber Telecommunication CableIn 1989, the Company became a joint venture foreign investment company after Showa Electric Wire & Cable Co., Ltd., developed the cooperation agreement by being one of the Companys shareholders.
Read more on VOKS →