Latest Forum Topics / Insider Info/Tips | Post Reply |
Bukit Asam (Persero) Tbk (PTBA)
|
|
asean_investor
Member |
01-Oct-2013 20:43
|
x 0
x 1 Alert Admin |
PT Bukit Asam (Persero) Tbk (PTBA) is an Indonesia-based coal mining company. Its scope of operation includes general surveying, exploration, excavation and processing the Company also engagesin coal briquette production and has three production units located in Tanjung Enim, Gresik and Natar.             In addition, PTBA offers logistical, support and consulting services related to the coal mining industry.  ·               
PTBA still offers attractive short-term growth
in comparison with other Indonesian coal miners. The company is expected to
increase production at a CAGR of 16% over 2012-16. ·               
The PT KA rail expansion project is on track and
will increase rail-transport capacity to 18.5mt by 2013(an impressive 21% YOY
growth) and to 22.7mt from 2014 onwards from 15.6mt in 2012. ·               
The company is currently building more than 2GW
of mine-mouth power plants, which could consume as much as 15mt of coal, saving
transportation costs and providing captive demand. The cost saving will add IDR
2337/share or 14% to the current share price.
|
Useful To Me Not Useful To Me |