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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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- Kalimantan Lumbung Energi - Indonesia
- Economic Council, Georgia
- Minerals Council of Australia
- Thiess Contractors Indonesia
- Dalmia Cement Bharat India
- Grasim Industreis Ltd - India
- Siam City Cement PLC, Thailand
- Bahari Cakrawala Sebuku - Indonesia
- Intertek Mineral Services - Indonesia
- Kaltim Prima Coal - Indonesia
- PNOC Exploration Corporation - Philippines
- Vizag Seaport Private Limited - India
- Makarim & Taira - Indonesia
- Wilmar Investment Holdings
- Indika Energy - Indonesia
- Indian Energy Exchange, India
- Cement Manufacturers Association - India
- Aditya Birla Group - India
- OPG Power Generation Pvt Ltd - India
- Posco Energy - South Korea
- Pendopo Energi Batubara - Indonesia
- Latin American Coal - Colombia
- Central Java Power - Indonesia
- VISA Power Limited - India
- GAC Shipping (India) Pvt Ltd
- Orica Mining Services - Indonesia
- Siam City Cement - Thailand
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Mintek Dendrill Indonesia
- Holcim Trading Pte Ltd - Singapore
- Mercuria Energy - Indonesia
- Jaiprakash Power Ventures ltd
- Sakthi Sugars Limited - India
- Sindya Power Generating Company Private Ltd
- Kapuas Tunggal Persada - Indonesia
- Therma Luzon, Inc, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Metalloyd Limited - United Kingdom
- Pipit Mutiara Jaya. PT, Indonesia
- Medco Energi Mining Internasional
- International Coal Ventures Pvt Ltd - India
- Orica Australia Pty. Ltd.
- Sinarmas Energy and Mining - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Price Waterhouse Coopers - Russia
- Anglo American - United Kingdom
- Binh Thuan Hamico - Vietnam
- Ceylon Electricity Board - Sri Lanka
- Riau Bara Harum - Indonesia
- CIMB Investment Bank - Malaysia
- GVK Power & Infra Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Interocean Group of Companies - India
- Bukit Asam (Persero) Tbk - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Directorate Of Revenue Intelligence - India
- Indo Tambangraya Megah - Indonesia
- South Luzon Thermal Energy Corporation
- Cigading International Bulk Terminal - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- London Commodity Brokers - England
- Straits Asia Resources Limited - Singapore
- Commonwealth Bank - Australia
- Parry Sugars Refinery, India
- Electricity Generating Authority of Thailand
- ICICI Bank Limited - India
- San Jose City I Power Corp, Philippines
- Coastal Gujarat Power Limited - India
- Attock Cement Pakistan Limited
- Energy Development Corp, Philippines
- McConnell Dowell - Australia
- Bangladesh Power Developement Board
- Kobexindo Tractors - Indoneisa
- Renaissance Capital - South Africa
- Indian Oil Corporation Limited
- Antam Resourcindo - Indonesia
- Rio Tinto Coal - Australia
- Africa Commodities Group - South Africa
- Mercator Lines Limited - India
- Thai Mozambique Logistica
- Karbindo Abesyapradhi - Indoneisa
- CNBM International Corporation - China
- Georgia Ports Authority, United States
- Baramulti Group, Indonesia
- Bhoruka Overseas - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Ministry of Transport, Egypt
- Madhucon Powers Ltd - India
- Gujarat Electricity Regulatory Commission - India
- Gujarat Mineral Development Corp Ltd - India
- Xindia Steels Limited - India
- Wood Mackenzie - Singapore
- TeaM Sual Corporation - Philippines
- Global Coal Blending Company Limited - Australia
- Oldendorff Carriers - Singapore
- Energy Link Ltd, New Zealand
- Lanco Infratech Ltd - India
- Australian Coal Association
- Central Electricity Authority - India
- Global Green Power PLC Corporation, Philippines
- Indogreen Group - Indonesia
- Sojitz Corporation - Japan
- Globalindo Alam Lestari - Indonesia
- Kumho Petrochemical, South Korea
- Port Waratah Coal Services - Australia
- Electricity Authority, New Zealand
- Kartika Selabumi Mining - Indonesia
- SMC Global Power, Philippines
- ASAPP Information Group - India
- Samtan Co., Ltd - South Korea
- SMG Consultants - Indonesia
- Tata Chemicals Ltd - India
- Vedanta Resources Plc - India
- The University of Queensland
- Semirara Mining Corp, Philippines
- India Bulls Power Limited - India
- Edison Trading Spa - Italy
- Aboitiz Power Corporation - Philippines
- Independent Power Producers Association of India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Bhushan Steel Limited - India
- Timah Investasi Mineral - Indoneisa
- Videocon Industries ltd - India
- Star Paper Mills Limited - India
- Bharathi Cement Corporation - India
- Leighton Contractors Pty Ltd - Australia
- Bukit Baiduri Energy - Indonesia
- Agrawal Coal Company - India
- Coal and Oil Company - UAE
- Goldman Sachs - Singapore
- Deloitte Consulting - India
- PowerSource Philippines DevCo
- TNB Fuel Sdn Bhd - Malaysia
- Trasteel International SA, Italy
- Barasentosa Lestari - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Toyota Tsusho Corporation, Japan
- Kepco SPC Power Corporation, Philippines
- Sical Logistics Limited - India
- Petron Corporation, Philippines
- Global Business Power Corporation, Philippines
- Meralco Power Generation, Philippines
- GN Power Mariveles Coal Plant, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Offshore Bulk Terminal Pte Ltd, Singapore
- Petrochimia International Co. Ltd.- Taiwan
- Coalindo Energy - Indonesia
- Essar Steel Hazira Ltd - India
- IEA Clean Coal Centre - UK
- Uttam Galva Steels Limited - India
- Parliament of New Zealand
- Eastern Coal Council - USA
- Simpson Spence & Young - Indonesia
- Sarangani Energy Corporation, Philippines
- Ambuja Cements Ltd - India
- Chamber of Mines of South Africa
- Merrill Lynch Commodities Europe
- Sree Jayajothi Cements Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Bukit Makmur.PT - Indonesia
- Carbofer General Trading SA - India
- Directorate General of MIneral and Coal - Indonesia
- Banpu Public Company Limited - Thailand
- Borneo Indobara - Indonesia
- Bayan Resources Tbk. - Indonesia
- SN Aboitiz Power Inc, Philippines
- White Energy Company Limited
- Chettinad Cement Corporation Ltd - India
- European Bulk Services B.V. - Netherlands
- Planning Commission, India
- Marubeni Corporation - India
- PTC India Limited - India
- Indonesian Coal Mining Association
- Heidelberg Cement - Germany
- Tamil Nadu electricity Board
- Standard Chartered Bank - UAE
- Maheswari Brothers Coal Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Karaikal Port Pvt Ltd - India
- Ind-Barath Power Infra Limited - India
- Krishnapatnam Port Company Ltd. - India
- LBH Netherlands Bv - Netherlands
- Bhatia International Limited - India
- Australian Commodity Traders Exchange
- Singapore Mercantile Exchange
- Larsen & Toubro Limited - India
- IHS Mccloskey Coal Group - USA
- Romanian Commodities Exchange
- Meenaskhi Energy Private Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Ministry of Finance - Indonesia
- Altura Mining Limited, Indonesia
- Formosa Plastics Group - Taiwan
- The State Trading Corporation of India Ltd
- Salva Resources Pvt Ltd - India
- The Treasury - Australian Government
- Power Finance Corporation Ltd., India
- Bulk Trading Sa - Switzerland
- Alfred C Toepfer International GmbH - Germany
- Manunggal Multi Energi - Indonesia
- New Zealand Coal & Carbon
- Eastern Energy - Thailand
- Iligan Light & Power Inc, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Gujarat Sidhee Cement - India
- Vijayanagar Sugar Pvt Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Savvy Resources Ltd - HongKong
- GMR Energy Limited - India
- Malabar Cements Ltd - India
- MS Steel International - UAE
- Mjunction Services Limited - India
- Billiton Holdings Pty Ltd - Australia
- Miang Besar Coal Terminal - Indonesia
- Kideco Jaya Agung - Indonesia
- Ministry of Mines - Canada
- Jindal Steel & Power Ltd - India
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