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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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Monday, 10 January 11
COAL MONGOLIA IS INVITING YOU TO THE INTERNATIONAL COAL SECTOR INVESTORS CONFERENCE
COALspot.com - (Press Release) - The Coal Mongolian Conference will take place at Chinggis Hotel, in Ulaanbaatar on 24-25, Feb 2011. The coal bonanz ...
Monday, 10 January 11
DEWA SEEKS ADVICE ON COAL POWER PROJECT -THE NATIONAL
The Dubai utility company gets nine bids from international groups for consultancy role.
The National reported that, Dubai's utility company wil ...
Saturday, 08 January 11
COAL PRICE WILL RISE IN SHORT-TERM DUE TO AUSTRALIA FLOODS - ALBUQUERQUE EXPRESS
Albuquerque Express reported that, Queensland’s mining minister, Stephen Robertson, has warned that the Australian state’s coal mines wi ...
Saturday, 08 January 11
THE INDONESIAN COAL REFERENCE PRICE HAS JUMPED 8.69 PERCENT IN JANUARY 2011
COALspot.com - Indonesia’s Ministry of Energy and Mineral Resources has set the January 2011 Indonesian Coal Reference Price for thermal ...
Saturday, 08 January 11
SUPRAMAX VESSELS WERE FIXED AT AROUND $ 9000 PD FOR A TRIP VIA INDONESIA TO INDIA - VISTAAR
COALspot.com - The holiday season affect combined with severe flooding in Queensland ports continues to keep the market and pressure. “Suprama ...
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- Goldman Sachs - Singapore
- Merrill Lynch Commodities Europe
- Parliament of New Zealand
- Sarangani Energy Corporation, Philippines
- Latin American Coal - Colombia
- GVK Power & Infra Limited - India
- McConnell Dowell - Australia
- Sinarmas Energy and Mining - Indonesia
- OPG Power Generation Pvt Ltd - India
- Uttam Galva Steels Limited - India
- Star Paper Mills Limited - India
- Siam City Cement - Thailand
- Australian Commodity Traders Exchange
- Ambuja Cements Ltd - India
- Energy Development Corp, Philippines
- Kideco Jaya Agung - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Commonwealth Bank - Australia
- Baramulti Group, Indonesia
- Ministry of Finance - Indonesia
- Coal and Oil Company - UAE
- Standard Chartered Bank - UAE
- LBH Netherlands Bv - Netherlands
- Energy Link Ltd, New Zealand
- Global Coal Blending Company Limited - Australia
- Tamil Nadu electricity Board
- Simpson Spence & Young - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Bhoruka Overseas - Indonesia
- Antam Resourcindo - Indonesia
- Sakthi Sugars Limited - India
- Economic Council, Georgia
- Bhatia International Limited - India
- Sojitz Corporation - Japan
- Gujarat Mineral Development Corp Ltd - India
- Madhucon Powers Ltd - India
- San Jose City I Power Corp, Philippines
- Semirara Mining and Power Corporation, Philippines
- Bhushan Steel Limited - India
- Orica Mining Services - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Trasteel International SA, Italy
- Mercuria Energy - Indonesia
- Carbofer General Trading SA - India
- PowerSource Philippines DevCo
- Sical Logistics Limited - India
- Rashtriya Ispat Nigam Limited - India
- Central Java Power - Indonesia
- Xindia Steels Limited - India
- Indo Tambangraya Megah - Indonesia
- Indonesian Coal Mining Association
- Minerals Council of Australia
- Jindal Steel & Power Ltd - India
- Bayan Resources Tbk. - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Global Business Power Corporation, Philippines
- Miang Besar Coal Terminal - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- MS Steel International - UAE
- Pendopo Energi Batubara - Indonesia
- Maheswari Brothers Coal Limited - India
- Bangladesh Power Developement Board
- IEA Clean Coal Centre - UK
- Central Electricity Authority - India
- Jaiprakash Power Ventures ltd
- The University of Queensland
- Thiess Contractors Indonesia
- Videocon Industries ltd - India
- Chettinad Cement Corporation Ltd - India
- Binh Thuan Hamico - Vietnam
- Bank of Tokyo Mitsubishi UFJ Ltd
- Kobexindo Tractors - Indoneisa
- London Commodity Brokers - England
- PNOC Exploration Corporation - Philippines
- Metalloyd Limited - United Kingdom
- Gujarat Sidhee Cement - India
- Samtan Co., Ltd - South Korea
- Electricity Authority, New Zealand
- Deloitte Consulting - India
- Posco Energy - South Korea
- Lanco Infratech Ltd - India
- Independent Power Producers Association of India
- Wilmar Investment Holdings
- Timah Investasi Mineral - Indoneisa
- Gujarat Electricity Regulatory Commission - India
- The State Trading Corporation of India Ltd
- Indika Energy - Indonesia
- Riau Bara Harum - Indonesia
- Georgia Ports Authority, United States
- Coastal Gujarat Power Limited - India
- ICICI Bank Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Kepco SPC Power Corporation, Philippines
- SN Aboitiz Power Inc, Philippines
- Asmin Koalindo Tuhup - Indonesia
- South Luzon Thermal Energy Corporation
- Dalmia Cement Bharat India
- India Bulls Power Limited - India
- Price Waterhouse Coopers - Russia
- Borneo Indobara - Indonesia
- Semirara Mining Corp, Philippines
- Karaikal Port Pvt Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Attock Cement Pakistan Limited
- Petrochimia International Co. Ltd.- Taiwan
- Ind-Barath Power Infra Limited - India
- Heidelberg Cement - Germany
- Rio Tinto Coal - Australia
- Barasentosa Lestari - Indonesia
- Chamber of Mines of South Africa
- Kaltim Prima Coal - Indonesia
- Port Waratah Coal Services - Australia
- Directorate Of Revenue Intelligence - India
- SMC Global Power, Philippines
- GMR Energy Limited - India
- Orica Australia Pty. Ltd.
- Romanian Commodities Exchange
- Formosa Plastics Group - Taiwan
- Leighton Contractors Pty Ltd - Australia
- Krishnapatnam Port Company Ltd. - India
- Cigading International Bulk Terminal - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Mjunction Services Limited - India
- Bharathi Cement Corporation - India
- Maharashtra Electricity Regulatory Commission - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Edison Trading Spa - Italy
- Global Green Power PLC Corporation, Philippines
- Cement Manufacturers Association - India
- Vizag Seaport Private Limited - India
- Toyota Tsusho Corporation, Japan
- Renaissance Capital - South Africa
- Indogreen Group - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Eastern Coal Council - USA
- Siam City Cement PLC, Thailand
- Bukit Baiduri Energy - Indonesia
- Bulk Trading Sa - Switzerland
- Kapuas Tunggal Persada - Indonesia
- Ministry of Transport, Egypt
- Karbindo Abesyapradhi - Indoneisa
- AsiaOL BioFuels Corp., Philippines
- Power Finance Corporation Ltd., India
- CIMB Investment Bank - Malaysia
- Kartika Selabumi Mining - Indonesia
- Meralco Power Generation, Philippines
- Electricity Generating Authority of Thailand
- GAC Shipping (India) Pvt Ltd
- IHS Mccloskey Coal Group - USA
- Directorate General of MIneral and Coal - Indonesia
- Larsen & Toubro Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Aboitiz Power Corporation - Philippines
- Sree Jayajothi Cements Limited - India
- Vedanta Resources Plc - India
- White Energy Company Limited
- Planning Commission, India
- Tata Chemicals Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Aditya Birla Group - India
- Intertek Mineral Services - Indonesia
- Indian Energy Exchange, India
- Essar Steel Hazira Ltd - India
- Australian Coal Association
- Iligan Light & Power Inc, Philippines
- VISA Power Limited - India
- Mercator Lines Limited - India
- Thai Mozambique Logistica
- Sindya Power Generating Company Private Ltd
- European Bulk Services B.V. - Netherlands
- Mintek Dendrill Indonesia
- Coalindo Energy - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Ceylon Electricity Board - Sri Lanka
- Banpu Public Company Limited - Thailand
- Vijayanagar Sugar Pvt Ltd - India
- Savvy Resources Ltd - HongKong
- Petron Corporation, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Makarim & Taira - Indonesia
- Ministry of Mines - Canada
- Meenaskhi Energy Private Limited - India
- Africa Commodities Group - South Africa
- Medco Energi Mining Internasional
- Indian Oil Corporation Limited
- Wood Mackenzie - Singapore
- Grasim Industreis Ltd - India
- Marubeni Corporation - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Altura Mining Limited, Indonesia
- The Treasury - Australian Government
- Salva Resources Pvt Ltd - India
- Kumho Petrochemical, South Korea
- PTC India Limited - India
- International Coal Ventures Pvt Ltd - India
- Eastern Energy - Thailand
- Parry Sugars Refinery, India
- Therma Luzon, Inc, Philippines
- Oldendorff Carriers - Singapore
- Straits Asia Resources Limited - Singapore
- ASAPP Information Group - India
- Agrawal Coal Company - India
- SMG Consultants - Indonesia
- Singapore Mercantile Exchange
- New Zealand Coal & Carbon
- Bukit Makmur.PT - Indonesia
- Interocean Group of Companies - India
- Kohat Cement Company Ltd. - Pakistan
- Malabar Cements Ltd - India
- Anglo American - United Kingdom
- CNBM International Corporation - China
- TeaM Sual Corporation - Philippines
- Manunggal Multi Energi - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Globalindo Alam Lestari - Indonesia
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