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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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Wednesday, 05 January 11
BUKIT ASAM TARGETS 20% BUY TO GROW COAL TRANSPORT CAPACITY - THE JAKARTA GLOBE
The Jakarta Globe reported that, Indonesian coal producer Tambang Batubara Bukit Asam is considering buying an additional 20 percent stake in Bukit ...
Wednesday, 05 January 11
FLOODING IN AUSTRALIA WILL CAUSE COAL PRICES TO SPIKE AT LEAST 20 PERCENT
Rising coal prices are set to spike at least 20 per cent higher because of supply shortages due to severe flooding in Australia, adding cost pressur ...
Wednesday, 05 January 11
DRY BULK MARKET BEGINS NEW YEAR ON SOUR NOTE - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
Seasonal factors like the worst flooding in Australia’s Queensland in half a century, coupled with thin trade activity has put the dry bulk ma ...
Tuesday, 04 January 11
THE WCI-CHINA ROUTE WAS TRADED IN THE MID US$ 10,000S - BRS DRY BULK
As reported by BRS Dry Bulk, after a stronger than expected performance in 2010, rates finished on a sombre note in December with the BDI at1,773 po ...
Tuesday, 04 January 11
BALI, INDONESIA HOST OF WORLD RENEWABLE ENERGY AND ENERGY EFFICIENCY CONFERENCE
Press Release - Indonesian Renewable Energy Society (METI – IRES) has launched the plan for organizing the international gathering ...
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- Kalimantan Lumbung Energi - Indonesia
- Anglo American - United Kingdom
- PNOC Exploration Corporation - Philippines
- Kohat Cement Company Ltd. - Pakistan
- Sakthi Sugars Limited - India
- Eastern Coal Council - USA
- Barasentosa Lestari - Indonesia
- Georgia Ports Authority, United States
- Timah Investasi Mineral - Indoneisa
- Karaikal Port Pvt Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- CNBM International Corporation - China
- Meralco Power Generation, Philippines
- Africa Commodities Group - South Africa
- PowerSource Philippines DevCo
- Borneo Indobara - Indonesia
- IEA Clean Coal Centre - UK
- Grasim Industreis Ltd - India
- Economic Council, Georgia
- Binh Thuan Hamico - Vietnam
- The Treasury - Australian Government
- Power Finance Corporation Ltd., India
- India Bulls Power Limited - India
- Trasteel International SA, Italy
- TeaM Sual Corporation - Philippines
- Dalmia Cement Bharat India
- Ministry of Mines - Canada
- Kumho Petrochemical, South Korea
- Asmin Koalindo Tuhup - Indonesia
- SMC Global Power, Philippines
- Gujarat Sidhee Cement - India
- Kartika Selabumi Mining - Indonesia
- Minerals Council of Australia
- Simpson Spence & Young - Indonesia
- Indo Tambangraya Megah - Indonesia
- Thai Mozambique Logistica
- Petron Corporation, Philippines
- Medco Energi Mining Internasional
- Bukit Baiduri Energy - Indonesia
- South Luzon Thermal Energy Corporation
- PTC India Limited - India
- Jindal Steel & Power Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Singapore Mercantile Exchange
- Chamber of Mines of South Africa
- Formosa Plastics Group - Taiwan
- Agrawal Coal Company - India
- Bhatia International Limited - India
- Vedanta Resources Plc - India
- Posco Energy - South Korea
- Straits Asia Resources Limited - Singapore
- Australian Coal Association
- Electricity Authority, New Zealand
- PetroVietnam Power Coal Import and Supply Company
- Gujarat Electricity Regulatory Commission - India
- European Bulk Services B.V. - Netherlands
- White Energy Company Limited
- Heidelberg Cement - Germany
- Deloitte Consulting - India
- London Commodity Brokers - England
- Holcim Trading Pte Ltd - Singapore
- IHS Mccloskey Coal Group - USA
- Renaissance Capital - South Africa
- Tata Chemicals Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Ministry of Finance - Indonesia
- Commonwealth Bank - Australia
- Kideco Jaya Agung - Indonesia
- Manunggal Multi Energi - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Baramulti Group, Indonesia
- Edison Trading Spa - Italy
- Jaiprakash Power Ventures ltd
- Larsen & Toubro Limited - India
- MS Steel International - UAE
- Global Coal Blending Company Limited - Australia
- Neyveli Lignite Corporation Ltd, - India
- Aboitiz Power Corporation - Philippines
- Standard Chartered Bank - UAE
- Wilmar Investment Holdings
- Carbofer General Trading SA - India
- Indian Oil Corporation Limited
- Orica Australia Pty. Ltd.
- Makarim & Taira - Indonesia
- The University of Queensland
- Aditya Birla Group - India
- Marubeni Corporation - India
- ICICI Bank Limited - India
- New Zealand Coal & Carbon
- Bhushan Steel Limited - India
- Bangladesh Power Developement Board
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Bulk Trading Sa - Switzerland
- Directorate Of Revenue Intelligence - India
- The State Trading Corporation of India Ltd
- Miang Besar Coal Terminal - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Sojitz Corporation - Japan
- Energy Development Corp, Philippines
- San Jose City I Power Corp, Philippines
- Maheswari Brothers Coal Limited - India
- McConnell Dowell - Australia
- Bharathi Cement Corporation - India
- Therma Luzon, Inc, Philippines
- Chettinad Cement Corporation Ltd - India
- Ministry of Transport, Egypt
- Central Electricity Authority - India
- Star Paper Mills Limited - India
- Global Business Power Corporation, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Gujarat Mineral Development Corp Ltd - India
- Uttam Galva Steels Limited - India
- Malabar Cements Ltd - India
- AsiaOL BioFuels Corp., Philippines
- ASAPP Information Group - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Banpu Public Company Limited - Thailand
- Kaltim Prima Coal - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Sindya Power Generating Company Private Ltd
- Cement Manufacturers Association - India
- Essar Steel Hazira Ltd - India
- Toyota Tsusho Corporation, Japan
- SMG Consultants - Indonesia
- Ind-Barath Power Infra Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Jorong Barutama Greston.PT - Indonesia
- Wood Mackenzie - Singapore
- Pendopo Energi Batubara - Indonesia
- Central Java Power - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Indika Energy - Indonesia
- Lanco Infratech Ltd - India
- CIMB Investment Bank - Malaysia
- Vizag Seaport Private Limited - India
- Rio Tinto Coal - Australia
- Latin American Coal - Colombia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Mercuria Energy - Indonesia
- Interocean Group of Companies - India
- Thiess Contractors Indonesia
- Xindia Steels Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Antam Resourcindo - Indonesia
- Merrill Lynch Commodities Europe
- Parliament of New Zealand
- Sarangani Energy Corporation, Philippines
- Oldendorff Carriers - Singapore
- OPG Power Generation Pvt Ltd - India
- Videocon Industries ltd - India
- Madhucon Powers Ltd - India
- Bayan Resources Tbk. - Indonesia
- Eastern Energy - Thailand
- Kobexindo Tractors - Indoneisa
- Salva Resources Pvt Ltd - India
- Bukit Makmur.PT - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Indian Energy Exchange, India
- Vijayanagar Sugar Pvt Ltd - India
- Sical Logistics Limited - India
- GMR Energy Limited - India
- GAC Shipping (India) Pvt Ltd
- LBH Netherlands Bv - Netherlands
- VISA Power Limited - India
- Mjunction Services Limited - India
- Semirara Mining and Power Corporation, Philippines
- Mintek Dendrill Indonesia
- Meenaskhi Energy Private Limited - India
- Rashtriya Ispat Nigam Limited - India
- Kepco SPC Power Corporation, Philippines
- SN Aboitiz Power Inc, Philippines
- Tamil Nadu electricity Board
- Coalindo Energy - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Cigading International Bulk Terminal - Indonesia
- Indonesian Coal Mining Association
- Semirara Mining Corp, Philippines
- GVK Power & Infra Limited - India
- Iligan Light & Power Inc, Philippines
- Orica Mining Services - Indonesia
- Bhoruka Overseas - Indonesia
- Globalindo Alam Lestari - Indonesia
- Port Waratah Coal Services - Australia
- Coastal Gujarat Power Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Parry Sugars Refinery, India
- Siam City Cement - Thailand
- Pipit Mutiara Jaya. PT, Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Samtan Co., Ltd - South Korea
- Billiton Holdings Pty Ltd - Australia
- Intertek Mineral Services - Indonesia
- Mercator Lines Limited - India
- Savvy Resources Ltd - HongKong
- Bukit Asam (Persero) Tbk - Indonesia
- Attock Cement Pakistan Limited
- Indogreen Group - Indonesia
- Siam City Cement PLC, Thailand
- Sree Jayajothi Cements Limited - India
- Metalloyd Limited - United Kingdom
- Altura Mining Limited, Indonesia
- Electricity Generating Authority of Thailand
- Australian Commodity Traders Exchange
- Energy Link Ltd, New Zealand
- Global Green Power PLC Corporation, Philippines
- Independent Power Producers Association of India
- Coal and Oil Company - UAE
- Ambuja Cements Ltd - India
- Riau Bara Harum - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Alfred C Toepfer International GmbH - Germany
- Planning Commission, India
- Price Waterhouse Coopers - Russia
- Goldman Sachs - Singapore
- International Coal Ventures Pvt Ltd - India
- Romanian Commodities Exchange
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