Wah, divestasi TINS gak jadi tahun ini, harus menunggu inisiatif pemerintahan baru.
Good news apa bad news ya itu?
Govt cancels privatization of SOEs, except BNI
Business and Investment - August 25, 2004
Rendi A. Witular, Jakarta
The government has decided to delay the sale of shares in a number of state-owned enterprises (SOEs) this year, as the current administration''s term will end in October.
The sale of a 30 percent stake in publicly listed Bank Negara Indonesia (BNI), however, is still expected to take place before the next government is sworn in, said Mahmuddin Yasin, deputy of privatization at the Office of the State Minister for State Enterprises.
“BNI is still on the list for privatization this year. As for the other SOEs, we plan to shelve them until next year,” said Mahmuddin, before a closed-door meeting on Tuesday with a House of Representatives commission overseeing the state budget.
SOEs to be affected by the delay include airliner PT Merpati Nusantara and tin miner PT Timah.
paling sekitar 80M untungnya
BERARTI LABA BERSIH> 85% DARI 1H03
EPS kira kira 400
PER kira kira 5x
FAIR VALUE 5000 RP
Lapkeu TINS dipastikan akan dipublish di koran Jakarta Post, Bisnis Indonesia dan Investor Indonesia hari Selasa nanti.
kalau bener hari selasa dipublish,hari senin terbang dong sahamnya
Friday August 27, 7:27 PM
Indonesia''s Timah says H1 net profit doubles yr/yr
JAKARTA, Aug 27 (Reuters) - The world''s largest integrated tin miner, PT Timah Tbk , said on Friday its net profit in the first half doubled to 82.9 billion rupiah ($9 million) from a year ago, boosted by higher commodity prices despite lower sales volume.
“Average price received for the first six months of 2004 amounted to $7,741 per tonne … The same period last year was $4,678 per tonne,” the company said in a statement.
State-run Timah said revenue in the first half rose to 1.1 trillion rupiah from 904.8 billion in the same period in 2003.
A global shortage of tin, used in the electronics, plating and chemical industries, had driven the benchmark price of the metal to a 14-3/4-year high in late May around $9,600 a tonne for three-month delivery on the London Metal Exchange (LME).
By 1101 GMT on Friday, benchmark three-month tin on the LME was quoted at $8,775 a tonne.
Timah has said it would continue to face problems securing raw materials as it competes for resources on tin-rich Bangka island with some 20 small smelters, which sprung up in response to Indonesia''s ban on ore exports and to the tempting multi-year highs in tin prices.
Timah has forecast tin output this year would be lower than the 2003 total of 45,906 tonnes.