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Wednesday, 05 January 11
HIGHER COAL PRICES LIFT UP COAL STOCKS
Thermal coal price this month has gone up 5.63% to US$127.70 per ton today from mid last month at US$120.89 per ton.
Thermal coal price for next month has surged 12.20% to US$125.95 per ton today from mid last month at US$112.25 per ton. The uptrend prices have lifted up coal-based listed companies in Indonesia.
Thermal coal miner PT Adaro Energy Tbk (ADRO), owned by several businessmen such as Garibaldi Thohir, Sandiaga Uno, and T.P. Rahmat, today rose 6.54% to Rp2,850 per share from December 15 2010 at Rp2,550. Referring to today's position, ADRO is traded at 32.80x price to earning ratio (PER).
Bakrie affiliated coal miner PT Berau Coal Energy Tbk (BRAU) today surged 7.84% to Rp550 per share from Rp520 on December 15 last year. BRAU today is traded at 28.35x PER.
Newly listed PT Harum Energy Tbk (HRUM), controlled by Indonesian businessman Kiki Barki, jumped 20% to Rp9,600 per share from Rp8,000 on December 15 last year. The rise also sends a higher PER to 32.23x.
PT Bumi Resources Tbk (BUMI), owned by Bakrie family via London-listed company Bumi Plc, increased 9.32% to Rp3,225 per share today from Rp2,950 on December 15 2010. Bumi is traded at 263.99x PER, the highest compared to its peers.
Dato's Low Tuck Kwong and Jenny Quantero's coal miner PT Bayan Resources Tbk (BYAN) jumped 44.31%, the biggest gain among its peers, to Rp18,400 today from Rp12,750 on December 15 2010.
Coking coal miner PT Borneo Lumbung Energi & Metal Tbk (BORN), controlled by businessman Samin Tan, soared 29.46% to Rp1,670 per share today from Rp1,290 on December 15 2010.
Thermal coal miner PT Indika Energy, controlled by Sudwikatmono family, increased 22,81% to Rp5,250 from Rp4,275 on December 15 last year, sending a 29.08x PER today.
Source: Insider Stories
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Friday, 11 February 11
DRY BULK MARKET HEATING UP ON FRESH CARGO DEMAND - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market is on a high this week, with owners of smaller vessels turning their attention towards the spot market, in order to take advanta ...
Thursday, 10 February 11
SUPRA RATES IMPROVED A LITTLE OVER US$ 6K BSS N. CHINA DELIVERY FOR INDO-INDIA AND THAILAND ROUNDS - FEARNBULK
Handy
Atl is still weak with little fresh enquiry and an accumulation of spot tonnage.Owners are reluctant to send tonnage thru Suez due to uncert ...
Thursday, 10 February 11
BUKIT ASAM EXPECTS ABOVE RP 3 TRIO PROFIT
The state-owned coal miner PT Tambang Bukit Asam Tbk (PTBA) expects to reach 2011's net profit above Rp 3 trillion (US$ 336,322,568) from above Rp2 ...
Wednesday, 09 February 11
INDONESIA ALLOWED 60 COAL TRADING COMPANIES TO EXPORT COAL
COALspot.com - A temporary ban imposed on coal traders in January has lifted this week. As of today 60coal trading companies were allowed to resume ...
Tuesday, 08 February 11
INDIA'S SIMHAPURU TARGETS S.AFRICAN COAL - ECONOMIC TIMES
Economic Times reported that, India's Simhapuri Energy , a unit of the Madhucon Group , wants to buy new or existing collieries in South Africa fro ...
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- International Coal Ventures Pvt Ltd - India
- Antam Resourcindo - Indonesia
- Mjunction Services Limited - India
- GMR Energy Limited - India
- Simpson Spence & Young - Indonesia
- European Bulk Services B.V. - Netherlands
- Metalloyd Limited - United Kingdom
- Romanian Commodities Exchange
- Sinarmas Energy and Mining - Indonesia
- Attock Cement Pakistan Limited
- CNBM International Corporation - China
- Tata Chemicals Ltd - India
- Semirara Mining Corp, Philippines
- Petron Corporation, Philippines
- Thiess Contractors Indonesia
- Semirara Mining and Power Corporation, Philippines
- Alfred C Toepfer International GmbH - Germany
- LBH Netherlands Bv - Netherlands
- Meralco Power Generation, Philippines
- Aboitiz Power Corporation - Philippines
- ICICI Bank Limited - India
- Salva Resources Pvt Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Trasteel International SA, Italy
- Directorate General of MIneral and Coal - Indonesia
- Standard Chartered Bank - UAE
- Bhushan Steel Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- ASAPP Information Group - India
- Karaikal Port Pvt Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- CIMB Investment Bank - Malaysia
- Ministry of Mines - Canada
- Heidelberg Cement - Germany
- Price Waterhouse Coopers - Russia
- Energy Link Ltd, New Zealand
- SMG Consultants - Indonesia
- Makarim & Taira - Indonesia
- Tamil Nadu electricity Board
- Vizag Seaport Private Limited - India
- IHS Mccloskey Coal Group - USA
- Billiton Holdings Pty Ltd - Australia
- Malabar Cements Ltd - India
- Global Green Power PLC Corporation, Philippines
- Bayan Resources Tbk. - Indonesia
- OPG Power Generation Pvt Ltd - India
- VISA Power Limited - India
- Ceylon Electricity Board - Sri Lanka
- Eastern Coal Council - USA
- Planning Commission, India
- Maheswari Brothers Coal Limited - India
- Orica Australia Pty. Ltd.
- Samtan Co., Ltd - South Korea
- Lanco Infratech Ltd - India
- Medco Energi Mining Internasional
- Ministry of Transport, Egypt
- Mercuria Energy - Indonesia
- Bhoruka Overseas - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- TeaM Sual Corporation - Philippines
- Eastern Energy - Thailand
- Marubeni Corporation - India
- Maharashtra Electricity Regulatory Commission - India
- McConnell Dowell - Australia
- Goldman Sachs - Singapore
- Posco Energy - South Korea
- Australian Coal Association
- Therma Luzon, Inc, Philippines
- Binh Thuan Hamico - Vietnam
- GVK Power & Infra Limited - India
- GAC Shipping (India) Pvt Ltd
- Videocon Industries ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Timah Investasi Mineral - Indoneisa
- Altura Mining Limited, Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Aditya Birla Group - India
- Bukit Makmur.PT - Indonesia
- Ministry of Finance - Indonesia
- Grasim Industreis Ltd - India
- PNOC Exploration Corporation - Philippines
- Georgia Ports Authority, United States
- Intertek Mineral Services - Indonesia
- Energy Development Corp, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Mintek Dendrill Indonesia
- Kapuas Tunggal Persada - Indonesia
- Electricity Generating Authority of Thailand
- Jindal Steel & Power Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Kalimantan Lumbung Energi - Indonesia
- Siam City Cement PLC, Thailand
- San Jose City I Power Corp, Philippines
- Singapore Mercantile Exchange
- Kobexindo Tractors - Indoneisa
- White Energy Company Limited
- Port Waratah Coal Services - Australia
- Orica Mining Services - Indonesia
- IEA Clean Coal Centre - UK
- Chettinad Cement Corporation Ltd - India
- Sree Jayajothi Cements Limited - India
- Interocean Group of Companies - India
- Anglo American - United Kingdom
- Vedanta Resources Plc - India
- Agrawal Coal Company - India
- Banpu Public Company Limited - Thailand
- Gujarat Electricity Regulatory Commission - India
- The Treasury - Australian Government
- MS Steel International - UAE
- PowerSource Philippines DevCo
- Madhucon Powers Ltd - India
- Kepco SPC Power Corporation, Philippines
- London Commodity Brokers - England
- Riau Bara Harum - Indonesia
- Power Finance Corporation Ltd., India
- Xindia Steels Limited - India
- Sindya Power Generating Company Private Ltd
- SMC Global Power, Philippines
- Formosa Plastics Group - Taiwan
- Merrill Lynch Commodities Europe
- Barasentosa Lestari - Indonesia
- Indo Tambangraya Megah - Indonesia
- Indogreen Group - Indonesia
- Savvy Resources Ltd - HongKong
- PTC India Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Baramulti Group, Indonesia
- Larsen & Toubro Limited - India
- Coalindo Energy - Indonesia
- Bulk Trading Sa - Switzerland
- Global Coal Blending Company Limited - Australia
- Siam City Cement - Thailand
- New Zealand Coal & Carbon
- Indian Energy Exchange, India
- Mercator Lines Limited - India
- Bangladesh Power Developement Board
- Gujarat Sidhee Cement - India
- Latin American Coal - Colombia
- South Luzon Thermal Energy Corporation
- Sarangani Energy Corporation, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Global Business Power Corporation, Philippines
- Indika Energy - Indonesia
- Rio Tinto Coal - Australia
- Globalindo Alam Lestari - Indonesia
- Jaiprakash Power Ventures ltd
- Krishnapatnam Port Company Ltd. - India
- SN Aboitiz Power Inc, Philippines
- Essar Steel Hazira Ltd - India
- Renaissance Capital - South Africa
- Kartika Selabumi Mining - Indonesia
- Indian Oil Corporation Limited
- Electricity Authority, New Zealand
- Bukit Baiduri Energy - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Deloitte Consulting - India
- Borneo Indobara - Indonesia
- Chamber of Mines of South Africa
- Rashtriya Ispat Nigam Limited - India
- Uttam Galva Steels Limited - India
- Wilmar Investment Holdings
- Edison Trading Spa - Italy
- Iligan Light & Power Inc, Philippines
- Coastal Gujarat Power Limited - India
- Directorate Of Revenue Intelligence - India
- Asmin Koalindo Tuhup - Indonesia
- Thai Mozambique Logistica
- Leighton Contractors Pty Ltd - Australia
- Parliament of New Zealand
- Bhatia International Limited - India
- Sakthi Sugars Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Cement Manufacturers Association - India
- Ambuja Cements Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Straits Asia Resources Limited - Singapore
- Pendopo Energi Batubara - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Star Paper Mills Limited - India
- Wood Mackenzie - Singapore
- Parry Sugars Refinery, India
- Manunggal Multi Energi - Indonesia
- Bharathi Cement Corporation - India
- Dalmia Cement Bharat India
- Commonwealth Bank - Australia
- Kumho Petrochemical, South Korea
- Toyota Tsusho Corporation, Japan
- Meenaskhi Energy Private Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Carbofer General Trading SA - India
- Economic Council, Georgia
- AsiaOL BioFuels Corp., Philippines
- The University of Queensland
- Cigading International Bulk Terminal - Indonesia
- Africa Commodities Group - South Africa
- Ind-Barath Power Infra Limited - India
- Coal and Oil Company - UAE
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Central Electricity Authority - India
- Bukit Asam (Persero) Tbk - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Kideco Jaya Agung - Indonesia
- Kaltim Prima Coal - Indonesia
- Sojitz Corporation - Japan
- Gujarat Mineral Development Corp Ltd - India
- Indonesian Coal Mining Association
- GN Power Mariveles Coal Plant, Philippines
- Australian Commodity Traders Exchange
- Sical Logistics Limited - India
- India Bulls Power Limited - India
- Independent Power Producers Association of India
- Oldendorff Carriers - Singapore
- Minerals Council of Australia
- Central Java Power - Indonesia
- Holcim Trading Pte Ltd - Singapore
- The State Trading Corporation of India Ltd
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