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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, 16 December 10
LANCO BAGS AUSTRALIAN COAL MINER GRIFFITH - DNA
As part of its strategy to secure coal supplies for meeting its needs in expanding power generation capacities, infrastructure major Lanco Infratech ...
Thursday, 16 December 10
COAL INDIA IN TALKS WITH INDONESIAN CO TO BUY ITS COAL MINES - APN NEWS
APN News reported that, World’s largest coal producer Coal India is in talks with Indonesia’s Sinar Mas Group for acquiring coal mines i ...
Wednesday, 15 December 10
GOVT SETS NEW MINIMUM LEVEL FOR DOMESTIC MARKET SALES - THE JAKARTA POST
The Jakarta Post reported that, Indonesian coal producers are required to sell at least 24.17 percent of their production to the domestic market nex ...
Wednesday, 15 December 10
CAPESIZE RATES ARE NOW AT THEIR LOWEST LEVEL SINCE AUGUST
It was a repeat performance for the market this week, with another increase in earnings for the small sizes but a sharp drop for the Capes. Overall ...
Wednesday, 15 December 10
LARGE ORDERBOOK TO HINDER 2011 DRY BULK MARKET REBOUND DESPITE INCREASED DEMAND SAYS PARAGON SHIPPING - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
A large orderbook which currently stands at 53% of the existing fleet is expected to render 2011 another challenging year for the dry bulk marke ...
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- Alfred C Toepfer International GmbH - Germany
- Australian Commodity Traders Exchange
- Carbofer General Trading SA - India
- Jorong Barutama Greston.PT - Indonesia
- Binh Thuan Hamico - Vietnam
- Price Waterhouse Coopers - Russia
- Cigading International Bulk Terminal - Indonesia
- Parliament of New Zealand
- Bharathi Cement Corporation - India
- Rashtriya Ispat Nigam Limited - India
- Edison Trading Spa - Italy
- Bukit Makmur.PT - Indonesia
- Formosa Plastics Group - Taiwan
- San Jose City I Power Corp, Philippines
- Aditya Birla Group - India
- Bangladesh Power Developement Board
- McConnell Dowell - Australia
- Vizag Seaport Private Limited - India
- Dalmia Cement Bharat India
- Barasentosa Lestari - Indonesia
- Bhoruka Overseas - Indonesia
- Vedanta Resources Plc - India
- Electricity Authority, New Zealand
- Posco Energy - South Korea
- IEA Clean Coal Centre - UK
- Kepco SPC Power Corporation, Philippines
- Power Finance Corporation Ltd., India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Samtan Co., Ltd - South Korea
- Makarim & Taira - Indonesia
- Metalloyd Limited - United Kingdom
- IHS Mccloskey Coal Group - USA
- Deloitte Consulting - India
- Thiess Contractors Indonesia
- Petron Corporation, Philippines
- Indika Energy - Indonesia
- Kobexindo Tractors - Indoneisa
- GN Power Mariveles Coal Plant, Philippines
- Larsen & Toubro Limited - India
- Leighton Contractors Pty Ltd - Australia
- Indonesian Coal Mining Association
- Siam City Cement - Thailand
- Bulk Trading Sa - Switzerland
- Tata Chemicals Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Orica Australia Pty. Ltd.
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Independent Power Producers Association of India
- Essar Steel Hazira Ltd - India
- Eastern Energy - Thailand
- Trasteel International SA, Italy
- Antam Resourcindo - Indonesia
- Siam City Cement PLC, Thailand
- Oldendorff Carriers - Singapore
- Goldman Sachs - Singapore
- Mercator Lines Limited - India
- Meralco Power Generation, Philippines
- AsiaOL BioFuels Corp., Philippines
- Latin American Coal - Colombia
- Global Coal Blending Company Limited - Australia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Xindia Steels Limited - India
- Rio Tinto Coal - Australia
- The Treasury - Australian Government
- Indogreen Group - Indonesia
- Mercuria Energy - Indonesia
- Sojitz Corporation - Japan
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Borneo Indobara - Indonesia
- Ambuja Cements Ltd - India
- SMG Consultants - Indonesia
- Ministry of Finance - Indonesia
- MS Steel International - UAE
- PTC India Limited - India
- Coal and Oil Company - UAE
- Ministry of Mines - Canada
- LBH Netherlands Bv - Netherlands
- Indo Tambangraya Megah - Indonesia
- Karaikal Port Pvt Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Energy Development Corp, Philippines
- Maheswari Brothers Coal Limited - India
- Georgia Ports Authority, United States
- Energy Link Ltd, New Zealand
- Semirara Mining Corp, Philippines
- Mintek Dendrill Indonesia
- SMC Global Power, Philippines
- Attock Cement Pakistan Limited
- Parry Sugars Refinery, India
- Altura Mining Limited, Indonesia
- Ind-Barath Power Infra Limited - India
- Jindal Steel & Power Ltd - India
- Cement Manufacturers Association - India
- Africa Commodities Group - South Africa
- Renaissance Capital - South Africa
- Sree Jayajothi Cements Limited - India
- Pendopo Energi Batubara - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- PowerSource Philippines DevCo
- Timah Investasi Mineral - Indoneisa
- Sical Logistics Limited - India
- VISA Power Limited - India
- Heidelberg Cement - Germany
- GAC Shipping (India) Pvt Ltd
- Madhucon Powers Ltd - India
- Chettinad Cement Corporation Ltd - India
- Singapore Mercantile Exchange
- Meenaskhi Energy Private Limited - India
- Standard Chartered Bank - UAE
- White Energy Company Limited
- Neyveli Lignite Corporation Ltd, - India
- Kaltim Prima Coal - Indonesia
- Malabar Cements Ltd - India
- Baramulti Group, Indonesia
- Central Electricity Authority - India
- Kalimantan Lumbung Energi - Indonesia
- TeaM Sual Corporation - Philippines
- Australian Coal Association
- Minerals Council of Australia
- Kideco Jaya Agung - Indonesia
- The University of Queensland
- Miang Besar Coal Terminal - Indonesia
- GMR Energy Limited - India
- Banpu Public Company Limited - Thailand
- Kumho Petrochemical, South Korea
- Anglo American - United Kingdom
- Uttam Galva Steels Limited - India
- Krishnapatnam Port Company Ltd. - India
- Pipit Mutiara Jaya. PT, Indonesia
- Holcim Trading Pte Ltd - Singapore
- India Bulls Power Limited - India
- Therma Luzon, Inc, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Global Business Power Corporation, Philippines
- Wood Mackenzie - Singapore
- Commonwealth Bank - Australia
- Asmin Koalindo Tuhup - Indonesia
- Toyota Tsusho Corporation, Japan
- CIMB Investment Bank - Malaysia
- ICICI Bank Limited - India
- Semirara Mining and Power Corporation, Philippines
- Eastern Coal Council - USA
- Orica Mining Services - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Kartika Selabumi Mining - Indonesia
- Merrill Lynch Commodities Europe
- Sarangani Energy Corporation, Philippines
- Star Paper Mills Limited - India
- Intertek Mineral Services - Indonesia
- Planning Commission, India
- Gujarat Electricity Regulatory Commission - India
- Riau Bara Harum - Indonesia
- Coalindo Energy - Indonesia
- Manunggal Multi Energi - Indonesia
- Simpson Spence & Young - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Karbindo Abesyapradhi - Indoneisa
- Coastal Gujarat Power Limited - India
- CNBM International Corporation - China
- Aboitiz Power Corporation - Philippines
- Wilmar Investment Holdings
- Bayan Resources Tbk. - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- ASAPP Information Group - India
- Videocon Industries ltd - India
- The State Trading Corporation of India Ltd
- OPG Power Generation Pvt Ltd - India
- New Zealand Coal & Carbon
- Sakthi Sugars Limited - India
- Electricity Generating Authority of Thailand
- Gujarat Sidhee Cement - India
- Salva Resources Pvt Ltd - India
- London Commodity Brokers - England
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Romanian Commodities Exchange
- Lanco Infratech Ltd - India
- Tamil Nadu electricity Board
- Globalindo Alam Lestari - Indonesia
- Marubeni Corporation - India
- Interocean Group of Companies - India
- Directorate General of MIneral and Coal - Indonesia
- Iligan Light & Power Inc, Philippines
- International Coal Ventures Pvt Ltd - India
- Central Java Power - Indonesia
- Bhatia International Limited - India
- PNOC Exploration Corporation - Philippines
- GVK Power & Infra Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Directorate Of Revenue Intelligence - India
- Straits Asia Resources Limited - Singapore
- Vijayanagar Sugar Pvt Ltd - India
- Mjunction Services Limited - India
- Gujarat Mineral Development Corp Ltd - India
- South Luzon Thermal Energy Corporation
- Grasim Industreis Ltd - India
- Agrawal Coal Company - India
- Port Waratah Coal Services - Australia
- Bahari Cakrawala Sebuku - Indonesia
- Indian Oil Corporation Limited
- Global Green Power PLC Corporation, Philippines
- Sindya Power Generating Company Private Ltd
- Chamber of Mines of South Africa
- Bhushan Steel Limited - India
- Jaiprakash Power Ventures ltd
- Billiton Holdings Pty Ltd - Australia
- Medco Energi Mining Internasional
- European Bulk Services B.V. - Netherlands
- Ministry of Transport, Egypt
- Indian Energy Exchange, India
- Savvy Resources Ltd - HongKong
- SN Aboitiz Power Inc, Philippines
- Bukit Baiduri Energy - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Sinarmas Energy and Mining - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Economic Council, Georgia
- Thai Mozambique Logistica
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