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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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Saturday, 08 January 11
DIFFICULT YEAR FOR SHIPPING - TRANSPORT WEEKLY
Transport Weekly reported that, Shipping Corporation of India (SCI) chairman Sabyasachi Hajara says 2011 will be a difficult year because an excess ...
Saturday, 08 January 11
AUSTRALIAN FLOODS MAY BOOST RIS COAL SALES - THE JAKARTA POST
The Jakarta Post reported that, Floods inundating Queensland have disrupted Australian coal production, and in turn may offer opportunities for Indo ...
Saturday, 08 January 11
GOVERNMENT REMAINS CAUTIOUS OVER FOREIGN INVESTMENT IN MINING SECTOR - THE JAKARTA GLOBE
The Jakarta Globe reported that, The government expects $3.2 billion of investment to flow into the mining sector this year as foreign investors tur ...
Friday, 07 January 11
14 LARGE-SCALE COAL BASES TO BE BUILT DURING 12TH FIVE-YEAR PLAN - GLOBAL TIMES
During the Twelfth Five-Year Plan period (2011-2015), China aims to build 14 large-scale coal bases, and annex and restructure 20 coal bases in orde ...
Friday, 07 January 11
JSW ENERGY LTD OF INDIA IS LOOKING FOR 45 MILLION TONS OF STEAM COAL FOR 25 YEARS
COALspot.com - Supply of 1.80 mmt (+/- 10%) of steam coal per annum for power plants at Toranagallu and Jaigad.
Accordign to JSWE's websit ...
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- ICICI Bank Limited - India
- Attock Cement Pakistan Limited
- Kumho Petrochemical, South Korea
- Kapuas Tunggal Persada - Indonesia
- Eastern Coal Council - USA
- Kobexindo Tractors - Indoneisa
- Pendopo Energi Batubara - Indonesia
- VISA Power Limited - India
- Ministry of Finance - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- OPG Power Generation Pvt Ltd - India
- Anglo American - United Kingdom
- South Luzon Thermal Energy Corporation
- Mercuria Energy - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Bahari Cakrawala Sebuku - Indonesia
- Maheswari Brothers Coal Limited - India
- Cement Manufacturers Association - India
- Vedanta Resources Plc - India
- Karbindo Abesyapradhi - Indoneisa
- Central Electricity Authority - India
- CNBM International Corporation - China
- Posco Energy - South Korea
- Goldman Sachs - Singapore
- Economic Council, Georgia
- Australian Coal Association
- Sindya Power Generating Company Private Ltd
- Kalimantan Lumbung Energi - Indonesia
- Mintek Dendrill Indonesia
- CIMB Investment Bank - Malaysia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Banpu Public Company Limited - Thailand
- Siam City Cement PLC, Thailand
- Global Green Power PLC Corporation, Philippines
- Kohat Cement Company Ltd. - Pakistan
- The State Trading Corporation of India Ltd
- Straits Asia Resources Limited - Singapore
- Kepco SPC Power Corporation, Philippines
- Orica Australia Pty. Ltd.
- Timah Investasi Mineral - Indoneisa
- Rashtriya Ispat Nigam Limited - India
- Therma Luzon, Inc, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Makarim & Taira - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- LBH Netherlands Bv - Netherlands
- Edison Trading Spa - Italy
- Aboitiz Power Corporation - Philippines
- Africa Commodities Group - South Africa
- Bharathi Cement Corporation - India
- Chamber of Mines of South Africa
- GAC Shipping (India) Pvt Ltd
- Leighton Contractors Pty Ltd - Australia
- Bukit Asam (Persero) Tbk - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Maharashtra Electricity Regulatory Commission - India
- Indian Energy Exchange, India
- Metalloyd Limited - United Kingdom
- Parry Sugars Refinery, India
- Gujarat Sidhee Cement - India
- Thai Mozambique Logistica
- Directorate Of Revenue Intelligence - India
- Coalindo Energy - Indonesia
- Commonwealth Bank - Australia
- Port Waratah Coal Services - Australia
- Globalindo Alam Lestari - Indonesia
- Bhatia International Limited - India
- SMC Global Power, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Minerals Council of Australia
- Formosa Plastics Group - Taiwan
- Miang Besar Coal Terminal - Indonesia
- Xindia Steels Limited - India
- Uttam Galva Steels Limited - India
- Price Waterhouse Coopers - Russia
- Madhucon Powers Ltd - India
- Electricity Authority, New Zealand
- Marubeni Corporation - India
- Central Java Power - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Jindal Steel & Power Ltd - India
- Australian Commodity Traders Exchange
- TNB Fuel Sdn Bhd - Malaysia
- Simpson Spence & Young - Indonesia
- Coastal Gujarat Power Limited - India
- PNOC Exploration Corporation - Philippines
- Bukit Makmur.PT - Indonesia
- Binh Thuan Hamico - Vietnam
- IEA Clean Coal Centre - UK
- Essar Steel Hazira Ltd - India
- The Treasury - Australian Government
- Global Business Power Corporation, Philippines
- MS Steel International - UAE
- Dalmia Cement Bharat India
- Aditya Birla Group - India
- GN Power Mariveles Coal Plant, Philippines
- Semirara Mining Corp, Philippines
- Videocon Industries ltd - India
- Trasteel International SA, Italy
- Energy Development Corp, Philippines
- Sinarmas Energy and Mining - Indonesia
- TeaM Sual Corporation - Philippines
- Kaltim Prima Coal - Indonesia
- Global Coal Blending Company Limited - Australia
- European Bulk Services B.V. - Netherlands
- Offshore Bulk Terminal Pte Ltd, Singapore
- Parliament of New Zealand
- GVK Power & Infra Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Savvy Resources Ltd - HongKong
- Ceylon Electricity Board - Sri Lanka
- Star Paper Mills Limited - India
- Rio Tinto Coal - Australia
- Borneo Indobara - Indonesia
- Bulk Trading Sa - Switzerland
- White Energy Company Limited
- Bhushan Steel Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Ind-Barath Power Infra Limited - India
- Indo Tambangraya Megah - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Mercator Lines Limited - India
- Thiess Contractors Indonesia
- Bayan Resources Tbk. - Indonesia
- McConnell Dowell - Australia
- Baramulti Group, Indonesia
- Medco Energi Mining Internasional
- GMR Energy Limited - India
- Riau Bara Harum - Indonesia
- Billiton Holdings Pty Ltd - Australia
- AsiaOL BioFuels Corp., Philippines
- Alfred C Toepfer International GmbH - Germany
- Samtan Co., Ltd - South Korea
- Barasentosa Lestari - Indonesia
- Bangladesh Power Developement Board
- Tamil Nadu electricity Board
- Karaikal Port Pvt Ltd - India
- Altura Mining Limited, Indonesia
- Meralco Power Generation, Philippines
- Coal and Oil Company - UAE
- Romanian Commodities Exchange
- London Commodity Brokers - England
- Larsen & Toubro Limited - India
- Indian Oil Corporation Limited
- Chettinad Cement Corporation Ltd - India
- Bukit Baiduri Energy - Indonesia
- IHS Mccloskey Coal Group - USA
- Eastern Energy - Thailand
- Kartika Selabumi Mining - Indonesia
- Carbofer General Trading SA - India
- Lanco Infratech Ltd - India
- Grasim Industreis Ltd - India
- Indika Energy - Indonesia
- Manunggal Multi Energi - Indonesia
- Wilmar Investment Holdings
- Planning Commission, India
- Holcim Trading Pte Ltd - Singapore
- Tata Chemicals Ltd - India
- Merrill Lynch Commodities Europe
- Oldendorff Carriers - Singapore
- Ministry of Transport, Egypt
- Energy Link Ltd, New Zealand
- Bank of Tokyo Mitsubishi UFJ Ltd
- Georgia Ports Authority, United States
- Iligan Light & Power Inc, Philippines
- Antam Resourcindo - Indonesia
- International Coal Ventures Pvt Ltd - India
- Deloitte Consulting - India
- The University of Queensland
- Salva Resources Pvt Ltd - India
- Wood Mackenzie - Singapore
- PowerSource Philippines DevCo
- India Bulls Power Limited - India
- Sical Logistics Limited - India
- Toyota Tsusho Corporation, Japan
- Orica Mining Services - Indonesia
- Heidelberg Cement - Germany
- Indogreen Group - Indonesia
- ASAPP Information Group - India
- Mjunction Services Limited - India
- Singapore Mercantile Exchange
- Siam City Cement - Thailand
- Standard Chartered Bank - UAE
- Meenaskhi Energy Private Limited - India
- Gujarat Electricity Regulatory Commission - India
- SMG Consultants - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Sree Jayajothi Cements Limited - India
- Electricity Generating Authority of Thailand
- Renaissance Capital - South Africa
- Ministry of Mines - Canada
- Ambuja Cements Ltd - India
- Interocean Group of Companies - India
- Intertek Mineral Services - Indonesia
- Sojitz Corporation - Japan
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- New Zealand Coal & Carbon
- Krishnapatnam Port Company Ltd. - India
- SN Aboitiz Power Inc, Philippines
- Petron Corporation, Philippines
- Vizag Seaport Private Limited - India
- Power Finance Corporation Ltd., India
- Sakthi Sugars Limited - India
- Kideco Jaya Agung - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- San Jose City I Power Corp, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Bhoruka Overseas - Indonesia
- Sarangani Energy Corporation, Philippines
- Agrawal Coal Company - India
- Latin American Coal - Colombia
- PTC India Limited - India
- Independent Power Producers Association of India
- Malabar Cements Ltd - India
- Jaiprakash Power Ventures ltd
- Indonesian Coal Mining Association
- Neyveli Lignite Corporation Ltd, - India
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