On Wednesday morning this week, I got a BBM broadcast from two colleagues. They're working at a state-owned brokerage and a private brokerage. In their BBM, they sent me a small part of the story of PT Gading Development Tbk (GAMA), which is now in the watch list of Indonesia Stock Exchange. The story is actually a small part of entire GAMA article that I have written at Bloomberg Businessweek Indonesia magazine this week edition. After copying the part of the GAMA article, he asked me, "is it true?"
Mar 1, 2014
Feb 28, 2014
It has been nearly two years after my last article at this blog. Sometimes, I really miss to write and to express on many things related with publicly listed companies. But, I have to comply with the agreement I have signed before I left my previous job with Bisnis Indonesia.
Writing articles on companies, in both positively and negatively tones, has so far enriched me how to learn making an interesting stories. It is not just about following the basic concept of journalistic such as 5W and 1H, but also sharpening my analysis skills to put all missing parts of the entire event of corporate actions into an intact stories.
Based on my experiences, some publicly listed companies sometimes filed incomplete disclosure to Indonesia Stock Exchange's website. They like using special purpose vehicles such as incorporated in British Virgin Islands or Cayman Islands in doing transactions. Sometimes they don't disclose the takeover price or they use the same persons to do several deals and just change their first or second names. It is really funny. As long as you are detail, you might see the big picture of the deals.
Jun 12, 2012
Jun 11, 2012
Jun 8, 2012
Indonesia second largest coal mining contractor PT Delta Dunia Makmur Tbk (DOID) aims to hold nonpreemptive rights by issuing 570.39 million new shares of 7% of its capital paid in to employees and its directors and PT Bukit Makmur Mandiri Utama (BUMA).
Jun 6, 2012
Telecommunication tower operator PT Sarana Menara Nusantara Tbk (TOWR), controlled by Djarum's Hartono family, reported that it will issue 102 million new shares in non preemptive rights (or 10% of enlarged capital).
PT Reswara Minergi Hartama, an integrated coal company and subsidiary of Hamami's PT ABM Investama Tbk (ABMM), has secured a coal sales contract of 500,000 metric tons from Guangzhou Huaneng Trading Co Ltd with estimation of delivery period in June to December 2012.