Voksel Electric Tbk. vs Wicaksana Overseas International Tbk. — how do they compare? Voksel Electric Tbk. trades at Rp242 (market cap 997.34B, 356.6K 24h volume), while Wicaksana Overseas International Tbk. trades at Rp123 (market cap 294.43B). The key difference: Voksel Electric Tbk. is far larger — about 3.4× Wicaksana Overseas International Tbk.'s market cap. Which is the better fit depends on your goals.
| VOKS | WICO | |
|---|---|---|
Market Cap | 997.34B | 294.43B |
Volume | 356.6K | — |
Lot | 3.57K | — |
Turnover | 86.31M | — |
Average Price | 242.03 | — |
Value | 86.31M | — |
Indicative Equilibrium Price | 244 | — |
Indicative Equilibrium Volume | 11 | — |
Trailing returns across standard periods
Latest headlines on both assets
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 →PT Wicaksana Overseas International Tbk (the Company) was established in the Republic of Indonesia on January 19, 1973 based on the Notarial Deed No. 80 of Julian Nimrod Siregar, S.H. The Company began its business with the establishment of PT Djangkar Djati in Medan, North Sumatera in 1964 for importing and exporting consumer goods to Singapore. In the same year, the company was entrusted to distribute BAT cigarettes. In 1973, the distribution business was expanded to distribute imported BAT cigarettes. Since 1973, the business was also expanded to a wider range of products such as candies and snack, beverages, milk powder, instant noodle, jelly and disposable cigarette lighters. In line with the increasing number of product varieties, the company also expanded its distribution areas to big cities in Sumatera, Java and Kalimantan. In this year, the distribution business was transferred to PT Wicaksana Overseas Import, which in 1992 changed its name to PT Wicaksana Overseas International. In 1994, the company conducted a public offering of 20,000,000 shares with a par value of Rp 1,000 per share to the public at price of Rp 3,250 per share. Up to December 1995, the proceeds from the IPO have been fully used in conformity with the companys plan at the time of listing.
Read more on WICO →