RATU listed under UMA after 5-days of ARA, now overvalued
15 Jan 2025 09:55
This price surge brings RATU’s P/E Ratio to 34.06, much higher compared to the average of energy and oil-and-gas companies.
Raharja Cepu to ready USD 6.90 million on call for Petrogas Jatim
09 Jan 2025 16:39
Raharja Energi Cepu readies cash-on-call for Cepu Bloc in East Java through its subsidiary, PT Petrogas Jatim Utama Cendana.
Net foreign volume recorded at 693 million shares
07 Jan 2025 18:40
Energy infrastructure provider PT Astrindo Nusantara Infrastruktur Tbk (BIPI) topped the list of the biggest net buys with 85.12 million shares.
RATU’s listing is near, RAJA secures “idA+” rating
07 Jan 2025 08:08
PT Rukun Raharja Tbk (RAJA) has scored an “idA+” rating from Pemeringkat Efek Indonesia (Pefindo), a local rating agency, nearing the listing of one of its subsidiaries, PT Raharja Energi Cepu Tbk (RATU).
375 million Cerestar Indonesia (TRGU) shares bought by Sunterra Indonesia
24 Dec 2024 11:47
On Friday, December 20, PT Sunterra Indonesia raised its stake in PT Cerestar Indonesia Tbk (TRGU), a company that produces wheat flour. This investor increased its shares from 21.58% to 26.3% after buying 375 million shares through PT Victoria Sekuritas Indonesia.
RATU sets up IPO of 543.01 million shares, some are RAJA’s divested shares
17 Dec 2024 11:14
PT Raharja Energi Cepu Tbk (RATU), a holding company of PT Rukun Raharja Tbk (RAJA), plan to debut on Indonesia Stock Exchange (IDX) by offering 543.01 million shares.
Over 6 billion shares bought and sold, leaving 315 million shares in net foreign surplus
11 Dec 2024 18:36
On Wednesday, December 11, around 6.68 billion shares of Indonesian issuers were purchased by foreign investors, while approximately 6.36 billion shares were sold.
Foreign sell recorded higher, net foreign volume drops to -996.41 million shares
14 Nov 2024 11:20
On Wednesday, November 13, foreign selling volume (4.68 billion shares) outpaced foreign buying volume (3.68 billion shares). This disparity caused the net foreign volume to fall to -996.41 million shares. One of the factors contributing to the high foreign sales volume was the sale of shares in the digital company PT GoTo Gojek Tokopedia Tbk (GOTO), which reached 1.43 billion shares with a net volume of -382.57 million shares.
RAJA and subsidiary to secure credit facility of USD 44.8 million from Bank Mandiri
28 Oct 2024 10:09
PT Rukun Raharja Tbk (RAJA) and one of its subsidiaries, PT Triguna Internusa Pratama (TIP), has signed a credit facility agreement from PT Bank Mandiri (Persero) Tbk (BMRI) worth over USD 44.8 million.
Lingkar Matra now holds 20% of Communication Cbl Sys Indisa (CCSI) shares
22 Oct 2024 17:14
On Friday, October 18, PT Lingkar Matra acquired 20.39% of the shares of PT Communication Cable System Indonesia Tbk (CCSI). In order to get the share portion, this investor purchased 244.63 million shares of this high-end fiber optic cable manufacturer through PT Pluang Maju Sekuritas. Next, it was noted that PT Trimegah Sekuritas Indonesia Tbk had acquired 353.80 million shares of PT Energi Mega Persada Tbk (ENRG). This purchase grew Trimegah's share portion in the issuer involved in oil and gas exploration and trading from 12.98% to 14.41%, making it the purchase with the highest volume this time.
