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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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Thursday, 30 December 10
DRY BULK MARKET STAYS SUBDUED AT THE END OF 2010 - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dy bulk market failed to cheer ship owners across the board as the year draws to an end, thus bringing mixed feelings ahead of 2011. On one hand ...
Thursday, 30 December 10
KANGAROO RESOURCES BUYS INDONESIAN COAL COMPANY
Australian-listed Kangaroo Resources Ltd. said Wednesday it will buy 99% of the Pakar thermal coal project in East Kalimantan, for A$277 million thr ...
Wednesday, 29 December 10
WEATHER IMPACTS RIO TINTO COAL AUSTRALIAS QUEENSLAND OPERATIONS
Press Release - As a result of severe monsoonal rain in central and northern Queensland, force majeure has been declared on coal sales contracts fro ...
Monday, 27 December 10
ANALYSIS: CHINA'S COAL PRODUCTION MISMATCHED WITH DOMESTIC DEMAND
As reported by iStock Analyst, China's coal market has been trapped in a strange cycle. Large coal production bases are facing overcapacity, while ...
Monday, 27 December 10
HUNT FOR OVERSEAS COAL ASSETS TO INTENSIFY - FINANCIAL EXPRESS
Financial Express reported that, With the Indian economy back on the track after the slowdown, merger and acquisition (M&A) activities in the re ...
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- Star Paper Mills Limited - India
- India Bulls Power Limited - India
- Timah Investasi Mineral - Indoneisa
- Vedanta Resources Plc - India
- New Zealand Coal & Carbon
- Sinarmas Energy and Mining - Indonesia
- Interocean Group of Companies - India
- Indogreen Group - Indonesia
- Bhushan Steel Limited - India
- Bhatia International Limited - India
- Kideco Jaya Agung - Indonesia
- Attock Cement Pakistan Limited
- Therma Luzon, Inc, Philippines
- Binh Thuan Hamico - Vietnam
- Aditya Birla Group - India
- LBH Netherlands Bv - Netherlands
- Chettinad Cement Corporation Ltd - India
- Orica Mining Services - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Thiess Contractors Indonesia
- Cement Manufacturers Association - India
- Siam City Cement - Thailand
- Madhucon Powers Ltd - India
- Port Waratah Coal Services - Australia
- TeaM Sual Corporation - Philippines
- Parry Sugars Refinery, India
- Romanian Commodities Exchange
- Oldendorff Carriers - Singapore
- Electricity Authority, New Zealand
- San Jose City I Power Corp, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Indian Energy Exchange, India
- Kepco SPC Power Corporation, Philippines
- GN Power Mariveles Coal Plant, Philippines
- SMG Consultants - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Energy Development Corp, Philippines
- Orica Australia Pty. Ltd.
- Toyota Tsusho Corporation, Japan
- Samtan Co., Ltd - South Korea
- Tata Chemicals Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- SN Aboitiz Power Inc, Philippines
- Barasentosa Lestari - Indonesia
- IEA Clean Coal Centre - UK
- Indo Tambangraya Megah - Indonesia
- Anglo American - United Kingdom
- Savvy Resources Ltd - HongKong
- Kaltim Prima Coal - Indonesia
- Parliament of New Zealand
- Altura Mining Limited, Indonesia
- Africa Commodities Group - South Africa
- Straits Asia Resources Limited - Singapore
- Bank of Tokyo Mitsubishi UFJ Ltd
- GAC Shipping (India) Pvt Ltd
- Aboitiz Power Corporation - Philippines
- Tamil Nadu electricity Board
- Wilmar Investment Holdings
- Australian Coal Association
- Rashtriya Ispat Nigam Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Minerals Council of Australia
- Price Waterhouse Coopers - Russia
- Latin American Coal - Colombia
- Petron Corporation, Philippines
- Malabar Cements Ltd - India
- Antam Resourcindo - Indonesia
- Eastern Coal Council - USA
- Vizag Seaport Private Limited - India
- Maheswari Brothers Coal Limited - India
- Meenaskhi Energy Private Limited - India
- Mintek Dendrill Indonesia
- OPG Power Generation Pvt Ltd - India
- Australian Commodity Traders Exchange
- The University of Queensland
- Videocon Industries ltd - India
- Georgia Ports Authority, United States
- GVK Power & Infra Limited - India
- Mercuria Energy - Indonesia
- The Treasury - Australian Government
- ICICI Bank Limited - India
- Grasim Industreis Ltd - India
- Coalindo Energy - Indonesia
- Bayan Resources Tbk. - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Kalimantan Lumbung Energi - Indonesia
- Medco Energi Mining Internasional
- Globalindo Alam Lestari - Indonesia
- Borneo Indobara - Indonesia
- International Coal Ventures Pvt Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Holcim Trading Pte Ltd - Singapore
- Planning Commission, India
- Goldman Sachs - Singapore
- Ind-Barath Power Infra Limited - India
- PNOC Exploration Corporation - Philippines
- Economic Council, Georgia
- Central Java Power - Indonesia
- Makarim & Taira - Indonesia
- Bhoruka Overseas - Indonesia
- Sical Logistics Limited - India
- VISA Power Limited - India
- Gujarat Sidhee Cement - India
- Kartika Selabumi Mining - Indonesia
- Posco Energy - South Korea
- Baramulti Group, Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Global Green Power PLC Corporation, Philippines
- Bukit Baiduri Energy - Indonesia
- The State Trading Corporation of India Ltd
- Rio Tinto Coal - Australia
- Gujarat Mineral Development Corp Ltd - India
- Indonesian Coal Mining Association
- Indian Oil Corporation Limited
- Indika Energy - Indonesia
- Ministry of Transport, Egypt
- Global Business Power Corporation, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Iligan Light & Power Inc, Philippines
- Dalmia Cement Bharat India
- Power Finance Corporation Ltd., India
- Ministry of Mines - Canada
- Sree Jayajothi Cements Limited - India
- Merrill Lynch Commodities Europe
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Jaiprakash Power Ventures ltd
- Kumho Petrochemical, South Korea
- Directorate General of MIneral and Coal - Indonesia
- Marubeni Corporation - India
- Trasteel International SA, Italy
- Chamber of Mines of South Africa
- Bukit Asam (Persero) Tbk - Indonesia
- London Commodity Brokers - England
- Formosa Plastics Group - Taiwan
- Essar Steel Hazira Ltd - India
- Sakthi Sugars Limited - India
- Standard Chartered Bank - UAE
- Independent Power Producers Association of India
- Semirara Mining Corp, Philippines
- Gujarat Electricity Regulatory Commission - India
- Vijayanagar Sugar Pvt Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Renaissance Capital - South Africa
- CIMB Investment Bank - Malaysia
- European Bulk Services B.V. - Netherlands
- Lanco Infratech Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Bulk Trading Sa - Switzerland
- Ambuja Cements Ltd - India
- Mercator Lines Limited - India
- Electricity Generating Authority of Thailand
- Salva Resources Pvt Ltd - India
- Intertek Mineral Services - Indonesia
- CNBM International Corporation - China
- Manunggal Multi Energi - Indonesia
- Xindia Steels Limited - India
- Central Electricity Authority - India
- Coal and Oil Company - UAE
- Semirara Mining and Power Corporation, Philippines
- Karaikal Port Pvt Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Sindya Power Generating Company Private Ltd
- Kohat Cement Company Ltd. - Pakistan
- South Luzon Thermal Energy Corporation
- Sarangani Energy Corporation, Philippines
- Heidelberg Cement - Germany
- PowerSource Philippines DevCo
- Neyveli Lignite Corporation Ltd, - India
- Cigading International Bulk Terminal - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- TNB Fuel Sdn Bhd - Malaysia
- Larsen & Toubro Limited - India
- AsiaOL BioFuels Corp., Philippines
- Kobexindo Tractors - Indoneisa
- Directorate Of Revenue Intelligence - India
- Ministry of Finance - Indonesia
- Metalloyd Limited - United Kingdom
- Banpu Public Company Limited - Thailand
- Edison Trading Spa - Italy
- Kapuas Tunggal Persada - Indonesia
- Jindal Steel & Power Ltd - India
- Agrawal Coal Company - India
- Carbofer General Trading SA - India
- Global Coal Blending Company Limited - Australia
- Mjunction Services Limited - India
- Bangladesh Power Developement Board
- ASAPP Information Group - India
- Riau Bara Harum - Indonesia
- Simpson Spence & Young - Indonesia
- White Energy Company Limited
- Billiton Holdings Pty Ltd - Australia
- Coastal Gujarat Power Limited - India
- Thai Mozambique Logistica
- Bukit Makmur.PT - Indonesia
- Wood Mackenzie - Singapore
- Energy Link Ltd, New Zealand
- Singapore Mercantile Exchange
- Bharathi Cement Corporation - India
- MS Steel International - UAE
- Uttam Galva Steels Limited - India
- McConnell Dowell - Australia
- Eastern Energy - Thailand
- Deloitte Consulting - India
- SMC Global Power, Philippines
- Leighton Contractors Pty Ltd - Australia
- Siam City Cement PLC, Thailand
- PTC India Limited - India
- Commonwealth Bank - Australia
- GMR Energy Limited - India
- Ceylon Electricity Board - Sri Lanka
- IHS Mccloskey Coal Group - USA
- Pendopo Energi Batubara - Indonesia
- Sojitz Corporation - Japan
- Meralco Power Generation, Philippines
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