>>MSCI – Two additions to MSCI Indonesia: Charoen Pokphand Indonesia (CPIN) and Kalbe Farma (KLBF). Estimated buying volume for CPIN is 43.5mn shares, for KLBF is 133mn shares.>>>
"إِنَّا مَكَّنَّا لَهُۥ فِى ٱلْأَرْضِ وَءَاتَيْنَهُ مِن كُلِّ شَىْءٍۢ سَبَبًۭا فَأَتْبَعَ سَبَبًا Sesungguhnya Kami telah memberi kekuasaan kepadanya di (muka) bumi, dan Kami telah memberikan kepadanya jalan (untuk mencapai) segala sesuatu, maka diapun menempuh suatu jalan." (QS. AL KAHFI:84-85)
>> Saham Agung Podomoro Dilepas Rp365 per Unit >>> INDY: After mkt close the major shareholders placed out a USD 200m block of stock, or about 10% of cap at 3675 (range 3600-3725) at a 5.7% discount. The placement was said to be 3X subscribed to.

My Family

Senin, 26 April 2010

Bumi Resources (BUMI IJ)

Bumi has sold 16 m tons in Q1'10 vs 11.3 m tons in Q1'09 or an increase by a record breaking 41.6% compared with the same period last year.

Q1 in any year is usually the most challenging quarter because of heavy rainfall, we are confident that Bumi is well on pro rata track to meeting its minimum guidance of 64 m tons in FY '10 vs 58 m tons in FY09 and 51.5 m tons in FY08.

Easily, Bumi is easily the highest coal producer and seller in Indonesia by a long distance and gap between the others is expectedly widening between Bumi and any of the others.

We are conducting a limited audit review in Q1'10, hence, our financials for this period will be available now latest by 31 May '10. (Dileep S)

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