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    BUMI RESOURCES - Kohlegigant - - 500 Beiträge pro Seite (Seite 7)

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     Ja Nein
      Avatar
      schrieb am 20.01.11 18:41:24
      Beitrag Nr. 3.001 ()
      Hier ein weiterer positiver Artikel über BUMI

      http://www.wertanlage-gold.de/investor-news/details/bumi-re…

      Mal sehn ob ich da auch Einsteige
      Avatar
      schrieb am 20.01.11 20:49:48
      Beitrag Nr. 3.002 ()
      Antwort auf Beitrag Nr.: 40.895.406 von bug86 am 20.01.11 13:52:49Da gebe ich dir recht...morgen wird ein sehr entscheidender Tag, denke ich...sehen wir den Rebound? Oder durchbrechen wir die zweite wichtige Unterstützungslinie innerhalb von 2 Tagen? Wenn es weiter nach unten geht, könnte es zu einer Panik kommen...dann stimmt es, dass es egal wäre, ob BUMI gute Ergebnisse hat oder nicht. Aktuell gibt es ohnehin keine positiven Impulse für den Markt. Öl stagniert oder fällt leicht, dass in Australien schwächt schon wieder ab(größter Kohlehafen dort schon wieder in Betrieb) und somit fehlen einfach die Impulse.
      Andererseits können wir hoffen, dass der Index doch einen Rebound hinlegt und wir nach dieser recht tiefen Korrektur und mit den Jahreszahlen für 2010 im Rücken wieder oben angreifen können...ich stelle mir jedenfalls schon mal den Wecker für nachher;)
      1 Antwort?Die Baumansicht ist in diesem Thread nicht möglich.
      Avatar
      schrieb am 20.01.11 21:31:19
      Beitrag Nr. 3.003 ()
      Antwort auf Beitrag Nr.: 40.898.837 von Bakrieboy am 20.01.11 20:49:48ich bin jedenfalls seit heute komplett raus. mit schweren herzens...
      Avatar
      schrieb am 20.01.11 23:57:31
      Beitrag Nr. 3.004 ()
      2 Antworten?Die Baumansicht ist in diesem Thread nicht möglich.
      Avatar
      schrieb am 21.01.11 07:13:00
      Beitrag Nr. 3.005 ()
      Antwort auf Beitrag Nr.: 40.899.893 von rabie am 20.01.11 23:57:31also ich hab bumi bei 60 cent und auch bei 3 cent besessen. (bei 0,028 sogar der vorletzte nachkauf) ich hab also so viele nerven verloren... und wenn ich mir jetzt den index von jakarta sowie den kohlepreis anschaue , ist große gefahr einer korrektur. wo war die KE ? bei ca 2400?...
      1 Antwort?Die Baumansicht ist in diesem Thread nicht möglich.

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      schrieb am 21.01.11 07:21:01
      Beitrag Nr. 3.006 ()
      Antwort auf Beitrag Nr.: 40.900.185 von werdauer77 am 21.01.11 07:13:00die 2900 hat ja erst mal gehalten. ab da ist ne menge luft...
      bakrieboy... was hälst du eigentlich von der tochter brms ? ich überlege eventuell nach der korrektur lieber dort einzusteigen. hast du da paar kennzahlen? MK, Aktienanzahl, irgendwelche Ergebnisse ?

      mfg
      Avatar
      schrieb am 21.01.11 08:41:46
      Beitrag Nr. 3.007 ()
      Für mich gibt es jetzt zwei mögliche Erklärungen
      1. Die Leute schmeißen ihre Aktien alle wie verrückt, ohne festen Grund, anfang einer Verkaufswelle

      2.Es handelt sich um eine Bärenfalle. Die Leute sollen verkaufen,damit es wieder hochgehen kann. Raus mit den schwachen Händen.

      Was glaubt ihr?
      Ich tendiere zu 2
      1 Antwort?Die Baumansicht ist in diesem Thread nicht möglich.
      Avatar
      schrieb am 21.01.11 12:07:19
      Beitrag Nr. 3.008 ()
      mal eine bescheidene Frage an die Leute hier die sich mit Indonesien beschäftigen:
      Welche Gesellschaften im Berich "Gummi" gibt es? Gerne per BM

      Kohle interessiert mich weniger, weil ich meine, dass viel von den chinesischen Bedarf künftig aus der Mongolei gedeckt wird.

      GLTA

      newefra
      2 Antworten?Die Baumansicht ist in diesem Thread nicht möglich.
      Avatar
      schrieb am 21.01.11 12:14:05
      Beitrag Nr. 3.009 ()
      Antwort auf Beitrag Nr.: 40.902.023 von newefra am 21.01.11 12:07:19Gummi im weitesten Sinne: Goodyear. Ich bin vor kurzem eingestiegen. In den letzten Tagen hat die Aktie korrigiert, doch die Aussichten sind gut wenn in Amerika die Automobilindustrie weiter im Aufwärtstrend liegt und Goodyear ist stark in den letzten Jahre zurück gekommen.
      Avatar
      schrieb am 21.01.11 22:02:16
      Beitrag Nr. 3.010 ()
      Antwort auf Beitrag Nr.: 40.900.471 von bug86 am 21.01.11 08:41:46Ich bin heute zufällig über das hier gestolpert, als ich mir das PE von GJTL anschauen wollte:

      http://www.reuters.com/article/idUKL3E7CA0PD20110112?pageNum…


      Könnte der Grund unserer Verkaufswelle sein. Heute morgen hat der Markt ja bereits be -4% eröffnet, bevor er sich bei -2,6 einpendelte.

      Einen Grund gebe es quasi schon. Allerdings steht Indonesien makroökonomisch so schlecht nicht da. Gut, Inflation ist sicherlich ein Thema, aber einige Werte müssten davon theoretisch sogar profitieren(zum Beispiel Indofood, die zwar auch mehr für Rohstoffe zahlen müssten, aber auf Mehl fast so eine Art Monopol haben, aber auch Pharmawerte. Beide sind jedoch auch stark gefallen, man schaue sich nur KLBF an).
      Avatar
      schrieb am 21.01.11 22:15:35
      Beitrag Nr. 3.011 ()
      Antwort auf Beitrag Nr.: 40.902.023 von newefra am 21.01.11 12:07:19Mir fallen da spontan nur GJTL und MASA ein. Allerdings ist GJTL schon recht gut gestiegen und hat auch nicht so tief korrigiert bisher, da wäre ich etwas vorsichtig. Da gerade Autoverkäufe stark zurückgehen dürften, außerdem die Subventionen für Benzin bei Privatfahrzeugen gestrichen wurde und außerdem noch die Rohstoffkosten steigen, haben wir wohl bald wieder eine bescheidene Situation wie 2008(hoffentlich diesmal nicht ganz so extrem). Immerhin hat heute die nächste starke Unterstützungslinie erstmal gehalten(nachdem die bei 3450 wie Papier durchstoßen wurde).
      Avatar
      schrieb am 24.01.11 16:21:26
      Beitrag Nr. 3.012 ()
      @Pebbles
      @Bakrieboy

      vielen Dank für die Infos und weiterhin viel Glück mit eurem Invest

      Gruss
      newefra
      1 Antwort?Die Baumansicht ist in diesem Thread nicht möglich.
      Avatar
      schrieb am 24.01.11 18:53:09
      Beitrag Nr. 3.013 ()
      Antwort auf Beitrag Nr.: 40.914.463 von newefra am 24.01.11 16:21:26Gerne:)...ich kann's gebrauchen, bei mir gings jetzt in 2 Wochen schon über 30% in den Keller...ist gerade echt nicht mehr normal was da abgeht...
      Dabei hat Matahari heute sogar recht gute FY10-Zahlen rausgebracht...eigentlich kein schlechtes Zeichen, sind sie doch ein Konsumwert...wenn die Inflation wirklich soooo furchtbar wäre, hätte das letztes Quartal da sicher noch ordentlich reingehauen.

      Hoffen wir mal, dass diese Woche endlich der große Rebound kommt:)
      Avatar
      schrieb am 24.01.11 22:27:01
      Beitrag Nr. 3.014 ()
      mich hat heute onvista rausgeschmissen bei 0,24 obwohl ich nen sl bei 0,22 hatte nun weiß ich nicht ob ich mich freuen soll oder nicht -.-'
      1 Antwort?Die Baumansicht ist in diesem Thread nicht möglich.
      Avatar
      schrieb am 24.01.11 23:59:24
      Beitrag Nr. 3.015 ()
      Antwort auf Beitrag Nr.: 40.917.157 von rabie am 24.01.11 22:27:01Das kann schon passieren.

      Der Stopp wurde wohl ausgelöst bei dem ersten Kurs der mit 0,22 gestellt wurde. Der nächsten Kurs (Deiner) war jedoch wieder höher. Also eigentlich ein Glückdfall der gar nicht so oft auftritt, denn in der Regel ist der nächste Kurs niedriger.
      Avatar
      schrieb am 26.01.11 21:11:20
      Beitrag Nr. 3.016 ()


      Der entsprechende Index scheint nochmal die "Kurve zu kriegen" - ein weiterer Abfall ist aber genauso wahrscheinlich ... Entscheidende Tage stehen bevor und mein Einstieg rückt immer näher!

      Gruß
      1 Antwort?Die Baumansicht ist in diesem Thread nicht möglich.
      Avatar
      schrieb am 27.01.11 10:48:59
      Beitrag Nr. 3.017 ()
      Antwort auf Beitrag Nr.: 40.931.710 von BUMMI59 am 26.01.11 21:11:20Stimmt...die Frage ist, war das heute ein schlechtes Zeichen, dass wir am Widerstand bei 3540 abgeprallt sind? Oder war es Profit Taking und quasi eine Intraday Korrektur und es geht Freitag weiter nach oben?

      Positiv wäre wohl aktuell nur, dass viele Jahresendergebnisse ausstehen. Und nächste Woche trifft sich die Zentralbank. Man will wohl die Wertung aufwerten lassen, um damit die Inflation einzudämmen(was von der Börse positiv aufgenommen wurde). Viele verkaufen wohl auch ihre Dollar und wechseln zu Rupien. Frage ist, hält das an?
      Avatar
      schrieb am 28.01.11 14:08:18
      Beitrag Nr. 3.018 ()
      gründe für den ausverkauf?
      1 Antwort?Die Baumansicht ist in diesem Thread nicht möglich.
      Avatar
      schrieb am 29.01.11 01:18:01
      Beitrag Nr. 3.019 ()
      Antwort auf Beitrag Nr.: 40.943.428 von rabie am 28.01.11 14:08:18Siehe den Artikel von reuters eine Seite zuvor...ansonsten heißt die Antwort "Inflation" und damit verbundene Ängste, dass das Wirtschaftswachstum abgeschwächt wird.
      Avatar
      schrieb am 31.01.11 12:23:57
      Beitrag Nr. 3.020 ()
      Hmmm, warte nochmal auf Regionen um die 16 Cent. Falls die kommen, bin ich wieder dabei.
      3 Antworten?Die Baumansicht ist in diesem Thread nicht möglich.
      Avatar
      schrieb am 31.01.11 12:28:41
      Beitrag Nr. 3.021 ()
      Antwort auf Beitrag Nr.: 40.953.310 von Public_Relations am 31.01.11 12:23:57ich auch ;)
      Avatar
      schrieb am 31.01.11 14:23:19
      Beitrag Nr. 3.022 ()
      Antwort auf Beitrag Nr.: 40.953.310 von Public_Relations am 31.01.11 12:23:57Wenn das man kein Wunschdenken ist. Sicher könnte es im schlimmsten Fall so kommen, aber meist bleibt es ein Wunschtraum. Ich bin lieber schon drin und warte.
      1 Antwort?Die Baumansicht ist in diesem Thread nicht möglich.
      Avatar
      schrieb am 31.01.11 18:43:32
      Beitrag Nr. 3.023 ()
      Antwort auf Beitrag Nr.: 40.954.042 von Pebbles am 31.01.11 14:23:19Glaub ich auch nicht...das wäre um 2000IDR...bei ADRO vielleicht, aber BUMI? Ich denke, dass wäre nur der Fall, wenn der Index weiter fällt(Richtung 3000) oder Bakrie es so will.
      Avatar
      schrieb am 31.01.11 20:00:45
      Beitrag Nr. 3.024 ()
      MINING-INDEX heute -3% ... Es riecht förmlich nach weiterem Abverkauf ... Für jene, die im Moment drin sind, wird es sicher so langsam "immer enger" ... Ich selbst hoffe auf einen Einstieg bei ca. 0,18 - 019 ... :)

      Gruß
      Avatar
      schrieb am 31.01.11 23:17:26
      Beitrag Nr. 3.025 ()
      Denke, die Luft wird dünner für Kursgewinne. Ich bin gespannt, wie es weiter geht...
      5 Antworten?Die Baumansicht ist in diesem Thread nicht möglich.
      Avatar
      schrieb am 01.02.11 11:26:45
      Beitrag Nr. 3.026 ()
      Antwort auf Beitrag Nr.: 40.957.735 von Public_Relations am 31.01.11 23:17:26Heute bin ich erst einmal zufriden mit dem Kurs. Eigentlcih sollte der Kurs auch weiter zulegen, denn China wird weiter stabil seine Wirtschaft aufbauen und Kohlekraftwerke sind immer noch vorhanden und werden weiter gebaut - ganz einfach weil sie billiger sind als Atomkraftwerke. Und die CO-Belastung ist für China noch kein so großes Thema.
      4 Antworten?Die Baumansicht ist in diesem Thread nicht möglich.
      Avatar
      schrieb am 01.02.11 14:12:32
      Beitrag Nr. 3.027 ()
      Antwort auf Beitrag Nr.: 40.959.614 von Pebbles am 01.02.11 11:26:45Ja natürlich, die langfristigen Chancen sind mit einer globalen Bevölkerungsexplosion von (täglich!!! + 220.000) Menschen (insbesondere in den "Schwellenländern") eindeutig positiv.

      Also für das Business von Bumi - nicht das der Menschheit. Ein Freund von mir hat letztens einen alten Schulatlas rausgekramt, da stand Indien 750 Mio. Einwohner. Indien soll bereits über der Milliardenschwelle liegen und in Kürze China überholen. Das nur mal als ein Bsp. von gar vielen...
      http://www.google.com/publicdata?ds=wb-wdi&met=sp_pop_totl&i…


      LG
      Public
      3 Antworten?Die Baumansicht ist in diesem Thread nicht möglich.
      Avatar
      schrieb am 01.02.11 19:39:15
      Beitrag Nr. 3.028 ()
      MINING-INDEX heute bei schwachem Umsatz +3,7% ... Trendwende oder "Vortäuschung falscher Tatsachen" ... :)
      Avatar
      schrieb am 02.02.11 08:47:07
      Beitrag Nr. 3.029 ()
      Antwort auf Beitrag Nr.: 40.960.779 von Public_Relations am 01.02.11 14:12:32Indien liegt bereits bei fast 1,2 Mrd. China bei 1,34...in Indien ist der Anzahl an jungen Menschen aber bedeutend höher, während in China(auch auf Grund der 1-Kind-Politik)die Bevölkerung schon bald zu sinken anfängt.
      2 Antworten?Die Baumansicht ist in diesem Thread nicht möglich.
      Avatar
      schrieb am 03.02.11 13:13:21
      Beitrag Nr. 3.030 ()
      Antwort auf Beitrag Nr.: 40.965.846 von Bakrieboy am 02.02.11 08:47:07Aber die Chinesen verstehen es mit ihrem politischen System die Wirtschaft auf Trab zu bringen. Und die Miiliarden Chinesen die es jetzt schon gibt, werden reicher und brauchen mehr Engerie.
      1 Antwort?Die Baumansicht ist in diesem Thread nicht möglich.
      Avatar
      schrieb am 04.02.11 03:33:43
      Beitrag Nr. 3.031 ()
      Antwort auf Beitrag Nr.: 40.975.198 von Pebbles am 03.02.11 13:13:21War auch nur rein zur Info;)...ich halte das chinesische System und deren Wirtschaft, sowie den effizienten Polizeistaat für überlegen, im direkten Vergleich mit der indischen Wirtschaft;)
      Avatar
      schrieb am 04.02.11 10:39:46
      Beitrag Nr. 3.032 ()
      Habe heute diverse Bilder gesehen von überfluteten Kohleminen in Australien. Wenn es auch makaber ist, aber davon müsste BUMI eigentlich profitieren.
      1 Antwort?Die Baumansicht ist in diesem Thread nicht möglich.
      Avatar
      schrieb am 04.02.11 21:58:24
      Beitrag Nr. 3.033 ()
      Antwort auf Beitrag Nr.: 40.981.535 von Pebbles am 04.02.11 10:39:46Eigentlich schon, aber genauso müssten diverse Agrar- und Consumerwerte von den 16%(!) gestiegenen Lebensmittelkosten profitieren...passiert aber auch nicht;).
      Außerdem muß Bumi erst mal aus dem negativen Trendkanal ausbrechen:(. Vergleiche mal Adaro im Vergleich zu BUMI. Bei Bumi ging es 5% hoch, aber auch schon wieder etwas nach unten. Adaro hat in der Spitze 13,5% zugelegt. Bei BUMI hat es wohl wirklich auch charttechnische Gründe, warum aktuell nicht viel passiert.
      Avatar
      schrieb am 07.02.11 08:30:42
      Beitrag Nr. 3.034 ()
      PT Bumi Resources (BUMI IJ): Indonesia’s largest coal producer is planning to repay $600 million of debt to China Investment Corp. this year, Kontan reported, citing Director Dileep Srivastava. The repayment to CIC is part of Bumi’s plan to reduce debt by as much as $1 billion in 2011, the newspaper reported. Bumi slipped 0.9 percent to 2,850 rupiah.

      http://www.bloomberg.com/news/2011-02-07/adaro-indika-pemban…
      Avatar
      schrieb am 08.02.11 10:25:17
      Beitrag Nr. 3.035 ()
      Momentan korrigiert BUMI ja noch und wird wohl auch noch einmal ca. 10 % verlieren können. Aber ich hoffe, dass sich dann wieder die Erkenntnis durchsetzt, dass Kohle immer noch gebraucht wird und China nicht in eine wirtschaftliche Krise hinein steuert sondern mit ihrem autoritären Staat hervorragend durch die wirtschaftlichen Unwägbarkeiten schifft. Doch dafür benötigen sie Energie und dafür wiederum Kohle.
      11 Antworten?Die Baumansicht ist in diesem Thread nicht möglich.
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      schrieb am 08.02.11 18:46:56
      Beitrag Nr. 3.036 ()
      Antwort auf Beitrag Nr.: 41.000.061 von Pebbles am 08.02.11 10:25:17Ich fürchte bei BUMI spielen politische Faktoren oft eine größere Rolle, als die reale Wirtschaft. Die Bakrieaktien laufen aktuell alle nicht sehr gut, die meisten von ihnen(darunter BUMI) sind sogar in einem Abwärtstrend, den es erstmal zu durchbrechen gilt.
      Außerdem scheinen ja sowohl BUMI, als auch ADRO nicht ihre Ziele 2010 erreicht zu haben(das Wetter war sauschlecht).
      10 Antworten?Die Baumansicht ist in diesem Thread nicht möglich.
      Avatar
      schrieb am 09.02.11 09:42:19
      Beitrag Nr. 3.037 ()
      Antwort auf Beitrag Nr.: 41.004.507 von Bakrieboy am 08.02.11 18:46:56hmmm... mal sehn wie lang ich die finger noch still halten kann. einstiegskurse rücken näher...
      9 Antworten?Die Baumansicht ist in diesem Thread nicht möglich.
      Avatar
      schrieb am 09.02.11 10:31:00
      Beitrag Nr. 3.038 ()
      Antwort auf Beitrag Nr.: 41.007.404 von werdauer77 am 09.02.11 09:42:19Vermute ich auch. Bin aber schon drin --- war zu früh und muss nun erst einmal durch das Tal. Aber ich bin dabei zwar nicht glücklich aber vermute, dass BUMI schon wieder mit der Nase hoch kommt, denn Kohle wird weiter gebraucht und der Weg nach China ist kurz.
      7 Antworten?Die Baumansicht ist in diesem Thread nicht möglich.
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      schrieb am 09.02.11 10:32:46
      Beitrag Nr. 3.039 ()
      Antwort auf Beitrag Nr.: 41.007.404 von werdauer77 am 09.02.11 09:42:19ich hab mal 20000 zu 0,188 bestellt :) hoffentlich klappts... und bei 0,15 leg ich noch mal richtig nach. was für ein wunschkonzert :D
      Avatar
      schrieb am 09.02.11 10:42:40
      Beitrag Nr. 3.040 ()
      Antwort auf Beitrag Nr.: 41.007.802 von Pebbles am 09.02.11 10:31:00die 2650 hat heut erstmal gehalten... gerade so... wenn die gebrochen wird gehts halt bis ca 2200 runter , und das sind dann ca die 18 cent.
      umsatziele 2010 von 67 auf 60 mil ton gesenkt...
      nächstes jahr wird besser...
      6 Antworten?Die Baumansicht ist in diesem Thread nicht möglich.
      Avatar
      schrieb am 09.02.11 10:47:52
      Beitrag Nr. 3.041 ()
      Antwort auf Beitrag Nr.: 41.007.894 von werdauer77 am 09.02.11 10:42:40JAKARTA COMPOSITE INDEX
      kann ich mir auch gut auf knapp unter 3000 vorstellen ...
      1 Antwort?Die Baumansicht ist in diesem Thread nicht möglich.
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      schrieb am 09.02.11 10:49:33
      Beitrag Nr. 3.042 ()
      Antwort auf Beitrag Nr.: 41.007.894 von werdauer77 am 09.02.11 10:42:40Charttecisch sollten 0,20 halten. Wenn nicht dann wird das Tal zu tief und ich steige aus und warte auch auf 0,15 :D:O
      2 Antworten?Die Baumansicht ist in diesem Thread nicht möglich.
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      schrieb am 09.02.11 10:58:46
      Beitrag Nr. 3.043 ()
      Antwort auf Beitrag Nr.: 41.007.958 von Pebbles am 09.02.11 10:49:33wie kommst du auf 20 cent? das sind 2440 rupiah , da seh ich im chart keinen widerstand.
      fundamental bei 2400 die KE eher noch als psyschologischer widerstand...
      1 Antwort?Die Baumansicht ist in diesem Thread nicht möglich.
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      schrieb am 09.02.11 11:03:49
      Beitrag Nr. 3.044 ()
      Antwort auf Beitrag Nr.: 41.008.040 von werdauer77 am 09.02.11 10:58:46Momentan verläuft bei 0,196 die 200 Tageslinie die meist einen recht guten Widerstand darstellt und noch leicht steigend ist. (Aber Kursentwicklung in Deutschland).
      Avatar
      schrieb am 09.02.11 12:33:14
      Beitrag Nr. 3.045 ()




      Tja, so wie es im Moment aussieht, könnte der eine oder andere Einkaufswunsch bald in Erfüllung gehen ... ;)
      4 Antworten?Die Baumansicht ist in diesem Thread nicht möglich.
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      schrieb am 09.02.11 13:17:51
      Beitrag Nr. 3.046 ()
      Antwort auf Beitrag Nr.: 41.007.943 von werdauer77 am 09.02.11 10:47:52Dazu heute aus meinem "Daily Technical Analysis Update" meines Brokers(Google Übersetzung):

      Rebound JCI still stuck in 3530-3550 under the previous resistance level is
      strong support level before it penetrated down. JCI trend was still in the negative area during
      below the 3550 level. Will there be a new ride or cycle of decline
      in the past month is the beginning of a down cycle? Everything has not been confirmed at this time and
      seemed in a two week period the movement of JCI will enter a decisive direction
      medium-term movement of the index. The first support level is estimated to exist in the range 3436
      (61.8% Fibonacci retracement) movement of the index in the last five days. The next support level
      in 3380 and 3310 which is a historical support level.
      Avatar
      schrieb am 09.02.11 13:19:30
      Beitrag Nr. 3.047 ()
      Antwort auf Beitrag Nr.: 41.007.894 von werdauer77 am 09.02.11 10:42:40Und hier zu BUMI:

      EARTH: Testing Support
      EARTH closed just above the historical level of support dikisaran 2700. The next support level
      estimated in the range of 2550-2575 which is the level of support from the downtrend channel
      short term. Spec buy at support levels.

      Würde mir überlegen zwischen 2200 und 2300 bei ADRO reinzuschauen...LPKR wäre auch eine recht gute Wahl, wird ähnliche wie Astra gegen Ende des Tages immer wieder hochgepusht und fiel bisher seit September nicht mehr unter 500...ich warte noch ab, werde aber morgen oder am Freitag einsteigen;)
      Avatar
      schrieb am 09.02.11 20:11:38
      Beitrag Nr. 3.048 ()
      Antwort auf Beitrag Nr.: 41.008.908 von BUMMI59 am 09.02.11 12:33:14Eigentlich hätte ich korrigiert werden müssen, denn in meinem letzten Beitrag - Chart-Vergleich BUMI/ADRO - stimmen die Preise nur für BUMI !!

      Hier nochmal der richtige Chart für ADRO:



      Für einen Einstieg darf ADRO kurzfristig nicht unter Rp 2200,- fallen, sonst wird es für Gewinne erstmal sehr schwierig ...

      3 Antworten?Die Baumansicht ist in diesem Thread nicht möglich.
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      schrieb am 09.02.11 23:16:01
      Beitrag Nr. 3.049 ()
      Antwort auf Beitrag Nr.: 41.012.763 von BUMMI59 am 09.02.11 20:11:38Sorry, hatte heute mittag nicht so genau hingeschaut;).

      Stimmt, man sollte wohl am besten abwarten...der Dow Jones Index stieg jetzt 8 Tage, da dürfte so langsam eine Korrektur anstehen...
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      schrieb am 11.02.11 09:45:46
      Beitrag Nr. 3.050 ()
      Antwort auf Beitrag Nr.: 41.013.835 von Bakrieboy am 09.02.11 23:16:01Naj, heute geht es zumindest nicht weiter runter. Wäre auch zu schade, denn BUMI ist meinem SL schon recht nahe gekommen. Aber es ist wohl noch nicht das letzte Wort gesprochen über die weitere Entwicklung des Kurses.
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      schrieb am 11.02.11 23:40:57
      Beitrag Nr. 3.051 ()
      Antwort auf Beitrag Nr.: 41.022.354 von Pebbles am 11.02.11 09:45:46Stimmt, aber seit gestern war ja auch schon alles überverkauft.
      Wir befinden uns wohl in einer 5 Stufen-Korrektur...warten wir also am besten noch die letzte ab und nutzen die Rebounds für tiefere Einstiegskurse;)
      Avatar
      schrieb am 14.02.11 21:21:39
      Beitrag Nr. 3.052 ()
      Bin seit heute auch mit an Bord.
      Mein zweiter Indonesienwert! Mal schauen ob er mir Freude bringt.
      Welchen Anteil machen beim Kohleverkauf eigentlich die Transportkosten aus.
      Gibt es da einen Experten? Mein anderer Kohlewert im Portfolio ist prophecy und die fördern direkt in der Mongolei, bzw an der Grenze zu Schiene. Könnten ja evtl. in Zukunft einen Vorteil durch den einfacheren Transport haben, oder ist sowas unerheblich, damit ein Unternehmen mit Kohle Kohle macht?
      Ach ja, Moin Bakrieboy.
      Bin wie immer für deine Einschätzungen dankbar. ;)
      Avatar
      schrieb am 14.02.11 21:22:52
      Beitrag Nr. 3.053 ()
      ups: Schiene = China
      hahaha, man ich gehe jetzt schlafen!
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      schrieb am 16.02.11 13:31:59
      Beitrag Nr. 3.054 ()
      Antwort auf Beitrag Nr.: 41.038.660 von mikkki123 am 14.02.11 21:22:52HILFE !!! Doppelbesteuerungsabkommen mit Indonesien!

      Bin durch Zufall auf ein Bericht gestoßen, dass man, wenn man ausländische Aktienerträge generiert, zuviel Steuern zahlt.

      Habe mich nun etwas eingelesen:

      Schon immer werden uns für die Dividenden 20 % Quellensteuer abgezogen (direkt aus Indonesien). Laut dem Doppelbesteuerungsabkommen mit Deutschland liegt die Quote aber nur bei 15 %. Somit ist es uns erlaubt diese Different (5 %) wiederzuholen.:lick:
      Man kann seine Bank beauftragen, dieses zu übernehmen (was aber hohe Gebühren nach sich zieht).
      Ich werde es nun selber machen. Die nötigen Unterlagen habe ich mir alle schon heruntergeladen, da die Frist für 2010 bald abläuft; und dann ist das Geld weg.

      Nun meine Frage:
      Ich muss die Unterlagen nach Indonesien schicken. Aber an wen? An das Finanzministerium?

      Bin etwas "down", da ich seit nunmehr 8 Jahre mit indonesischen Aktien handel, aber es nicht auf die Reihe bekommen habe, seit dieser Zeit die mir zustehenden 5 % Differenz wiederzuholen :mad::mad:


      Wie macht Ihr das???

      Besten Dank für die Hilfe


      Neissbach
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      schrieb am 17.02.11 10:09:45
      Beitrag Nr. 3.055 ()
      Antwort auf Beitrag Nr.: 41.049.873 von Neissbach1 am 16.02.11 13:31:59Naja, solange die Kursgewinne weit größer sind als die Dividende kann man mit dem Problem eigentlich leben, auch wenn man die zuviel gezahlten Steuern nicht wieder sieht.
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      schrieb am 17.02.11 10:34:09
      Beitrag Nr. 3.056 ()
      Antwort auf Beitrag Nr.: 41.055.890 von Pebbles am 17.02.11 10:09:45Das sind 5 % (!) die man verschenkt...aber aus Deiner Antwort schließe ich, dass Du noch nie etwas diesbzgl. unternommen hast.
      Na ja, ich werde meine Sache wegschicken, und für 2010 versuchen meine zuviel gezahlten Kapitalerträge zurück zuholen.
      Ich kann ja berichten, ob das funktioniert hat, und wie kompliziert das war. Wenn es sich nur um 3 Zettel handelt, die man ausfüllen muss, dann nehme ich die Arbeit gerne auf mich:)

      Grüße Neissbach
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      schrieb am 17.02.11 10:41:14
      Beitrag Nr. 3.057 ()
      Antwort auf Beitrag Nr.: 41.056.166 von Neissbach1 am 17.02.11 10:34:09Ich habe mich in der Tat mit der Steuerregulierung in Indonesien noch nicht beschäftigt und würde mir den Aufwand auch nicht machen.

      Ich hatte eine ähnliche Situation mit Telefonica (Spanien). Dort wurde mir ein großer Batzen der guten Dividende direkt in Spanien abgezogen. Ich habe mehrere Anläufr gemacht um das Geld wiede rzu bekommen, aber es war dann doch zu aufwendig.

      Man musss 5 Seiten spanische Dokumente ausfüllen, braucht eine Steuernummer und ein Konto in Spanien.

      Mittlerweile regeln es einige spanische Firmen anders. Man erhält die Dividende nicht mehr sondern dafür einige Gratisaktien. Die müssen in Spanien dann nicht versteuert werden. Warum? Keine Ahnung, aber scheint der einfachere Weg zu sein.
      Avatar
      schrieb am 17.02.11 22:23:43
      Beitrag Nr. 3.058 ()
      Hilfe zum Thema "indonesische Quellensteuer" könnten folgende Links bieten:

      http://www.steuerliches-info-center.de/cae/servlet/contentbl…

      http://www.focus.de/finanzen/steuern/auslaendische-quellenst…

      Selbst habe ich aber damit keine praktische Erfahrung, sorry ... :)
      Avatar
      schrieb am 18.02.11 01:45:15
      Beitrag Nr. 3.059 ()
      Werde ab Samstag vor Ort sein, mal schauen ob ich hierzu noch was herauskriegen kann;)
      Avatar
      schrieb am 21.02.11 23:41:13
      Beitrag Nr. 3.060 ()
      Eigentlich müsste BUMI von Anstieg der Ölpreise ebenfalls partizipieren! Schliesslich kann gerade in China Energie mit vielen Kohlekraftwerken generiert werden. Wenn ÖL so rapide steigt, müsste auch Chian und andere ihre Kohlekraftwerke wieder verstärkt nutzen und dann würde auch der Kohlepreis mit der Zeit zulegen.
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      schrieb am 22.02.11 08:41:07
      Beitrag Nr. 3.061 ()
      Antwort auf Beitrag Nr.: 41.080.699 von Pebbles am 21.02.11 23:41:13Es ist ja nicht so,dass der Kohlepreis nicht schon ordentlich gestiegen wäre...
      Aber es stimmt natürlich steigt der Ölpreis,sollte dies den Kohlepreis beeinflussen. Leider konnte Bumi nocht nicht wirklich profitieren, für mich ist das eine Frage der Zeit. Bumi ist ein stark wachsendes Unternehmen,eigentlich müsste sich dies bald im Aktienkurs widerspiegeln. Ich werde abwarten,etwas anderes kann man wohl hier nicht tuen.
      Avatar
      schrieb am 25.02.11 13:25:17
      Beitrag Nr. 3.062 ()
      Langsam erholt sich Bumi wieder von den niedrigen Kursen. M. E. muß der Kurs weiter steigen einfach weil alle Engergieträger im Moment teurer werden. Und China läuft weiter wie geschmiert, auch wenn es Inflationsprobleme gibt. Aber die chinesische Regierung hat bisher immer den richtigen Weg gefunden - und wenn es weiter aufwärts geht, wird für die vielen Kohlekraftwerke auch weiter die Kole dafür benötigt.
      Avatar
      schrieb am 25.02.11 14:02:31
      Beitrag Nr. 3.063 ()
      Hi pebbles,
      habe übrigens wie du auch lukoil im Depot.
      Die machen derzeit ja wenigstens ein wenig Freude!
      Schönes WE!
      Mikkki
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      schrieb am 25.02.11 14:05:02
      Beitrag Nr. 3.064 ()
      Antwort auf Beitrag Nr.: 41.106.896 von mikkki123 am 25.02.11 14:02:31Ebenfalls ein schönes WE.

      Ich glaube wenn man etwas Geduld hat werden beide Aktien einem noch einiges an Freude bereiten.
      Avatar
      schrieb am 03.03.11 09:23:50
      Beitrag Nr. 3.065 ()
      Diese Aktie ist scheinbarin Deutschland nicht im Focus und den meisten unbekannt. Dabei ist PT BUMI ein sehr großer Kohleförderer, der den Absatzmarkt CHINA direkt vor der Tür hat. Und in China gibt es ein Haufen Kohlekraftwerke und es werden sogar neue gebaut. Die Schiffspassagen sind wesentlich kürzer und damit billiger als von Australien aus, so dass die Margen größer sind.

      Ich bin und bleibe investiert - denn alle Rohstoffpreise sind am steigen, auch Kohle. Nur ist Kohle nicht so attraktiv und trendy wie Gold oder REE
      Avatar
      schrieb am 03.03.11 13:52:07
      Beitrag Nr. 3.066 ()
      Wieso läuft doch heute! strong long!:lick:
      Avatar
      schrieb am 04.03.11 09:17:55
      Beitrag Nr. 3.067 ()
      So langsam aber sicher scheint BUMI wieder aus den Tiefen der Kurse zurück zu kommen. Sicher spielt die Unsicherheit in China (latente kleine Unruheherde) und die wirtschaftliche Lage dort die sehr unterschiedlcih eingeschätzt wird, auch eine Rolle. Schliesslich gehen wesentliche Mengen der Kohle nach China.
      Avatar
      schrieb am 14.03.11 18:25:30
      Beitrag Nr. 3.068 ()
      Also was ich vor Ort jetzt einmal mehr mitbekam ist das es wirklich keinerlei Rolle spielt(jedenfalls nicht lokal) wie gut oder schlecht eine Aktie ist...da wird soviel Insidertrading betrieben, dass ist nicht mehr feierlich. Da gibt es diverse Firmen, die ihre Zahlen ohne Ende schönen oder fälschen(teils mit staatlicher Genehmigung)...aber solange die Anleger im Ausland es nicht wissen, wird es wohl gutgehen;)
      Avatar
      schrieb am 15.03.11 11:41:17
      Beitrag Nr. 3.069 ()
      Wer verkauft denn bitte seine Anteile zu so einem Preis unter Pari.
      Leute macht die Augen auf.
      Die Kohlenachfrage steigt noch weiter. Erst die Überschwemmungen in Australien und jetzt die Katastrophe in Japan.
      Hier ein interessanter Link dazu.

      http://www.reuters.com/article/2011/03/15/coal-indonesia-jap…
      Avatar
      schrieb am 15.03.11 16:02:11
      Beitrag Nr. 3.070 ()
      Es werden hier Kurse für 400Rp unter Kurs angeboten.
      Schlusskurs 3025RP

      0,215€= 2649,1063 RP*

      Wenn das nicht ein Fehler ist.Wir werden es morgen sehen.


      *Währungsrechner Yahoo
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      schrieb am 15.03.11 18:16:34
      Beitrag Nr. 3.071 ()
      Antwort auf Beitrag Nr.: 41.208.919 von bug86 am 15.03.11 16:02:11Da hast du Recht, ich hatte mich auch schon gewundert...ich vermute mal, dass es daran liegt, dass die Anleger hier den Preis gedrückt haben? Sollte sich eigentlich sobald der Markt morgen früh öffnet wieder angleichen, denn soweit ich weiß, orientiert sich der Preis vor dem ersten Handel immer an der Heimatbörse. Wäre jetzt natürlich super für Arbitragehandel, dumm nur, dass der Transfer einige Tage dauern würde;)
      Avatar
      schrieb am 16.03.11 13:52:50
      Beitrag Nr. 3.072 ()
      Heute also doch umgekehrt...in Jakarta runter, hier aber hoch;)...jetzt müsste es wieder ausgeglichen sein, oder?
      Avatar
      schrieb am 16.03.11 15:06:59
      Beitrag Nr. 3.073 ()
      Ich glaube,da haben einige gestern auf einen stark fallenden Kurs spekuliert.
      bumi hat siich aber bei 3025Rp gehalten, daher steigt der Kurs heute wieder.

      Ich sagte ja,wenn das mal kein Fehler ist so günstig zu verkaufen^^
      Avatar
      schrieb am 18.03.11 04:01:07
      Beitrag Nr. 3.074 ()
      PT Bumi Resources (BUMI) on last year's record
      coal sales amounted to Rp37, 38 trillion (U.S. $ 4.2 billion).
      That number increased by about 31.25% compared to the year
      previously where coal sales reached U.S. $ 3.2
      billion. EARTH According to management, the sale of coal companies
      Last year around 60 million tonnes by price range
      U.S. $ 70-US $ 71/ton.
      Call ST EARTH: Sell on Strength
      Avatar
      schrieb am 18.03.11 22:58:34
      Beitrag Nr. 3.075 ()
      Japan Quake to Have Little Impact on Indonesian Coal

      Indonesian coal shipments to quake-hit Japan are being redirected to China because of delays and damage at ports, the Indonesian Coal Mining Association said on Friday.

      Two of Japan’s largest utilities, Tokyo Electric Power and Tohoku Electric, declared force majeure on some coal deliveries due to shut power plants and damaged port facilities, with other utilities also expected to declare force majeure.

      “A couple of our members are being asked to redirect vessels to the southwest part of Japan, but then there is a limit to those ports accepting spill-over coal,” said Bob Kamandanu, the chairman of the association, also known as the APBI.

      “A couple of ports have already declared force majeure. A couple of vessels have also been redirected. It could be to China because China is still short.”

      He did not give details, but Kamandanu said the damaged northeast Japanese power plants together use about 10 million tons of coal per year. He expected the quake-hit ports to be out of action for a minimum of six months.

      Japan imports around 90 million tons of coal each year, mostly from Australia, with Indonesian coal accounting for about 30 million tons.

      “If we’re talking six months of consumption for them to recover or fix everything, we’re talking five million tons being disturbed here,” he said. “Then we have to find out how much is Australian and how much is Indonesian.”

      As much as 12.4 gigawatts of atomic power, or 25 percent of capacity, was severely disrupted by the quake, Goldman Sachs said on Wednesday.

      Coal generation, which accounts for 16 percent of Japan’s electricity, is already near maximum levels, UBS and JPMorgan Chase said this week.

      “We know there is 10 gigawatts of nuclear offline, and that is about 30 million tons of coal required,” said Mark Pervan, an analyst at ANZ. “The bottom line is they don’t have 30 million tons of additional capacity in coal.”

      Japanese utilities can use an extra 5 million to 10 million metric tons of coal by running their plants at 95 percent of capacity, Pervan said. Japan imported about 184 million tons of both thermal and steel-making coal in 2010, Ministry of Finance data show.

      “We see that the coal-fired power plants are at full capacity and buyers have long-term coal contracts already, leaving no room for additional supplies,” said Supriatna Suhala, executive director of the APBI. “We don’t see the disaster in Japan affecting coal demand from Indonesia.”

      Japanese power stations use mostly high-grade coal, while Indonesia produces mainly low-grade material. For this reason, Kamandanu said Indonesian coal producers had not been approached by Japanese buyers to supply additional material.

      He said high-grade coal was produced and shipped to Japan by a few companies in Indonesia, such as Berau Coal Energy.

      Earlier this week, Japan asked Indonesia to supply more liquefied natural gas and oil after the 9.0-magnitude earthquake crippled several power plants.

      Indonesia’s chief economic minister, Hatta Rajasa, said on Thursday that Japan had not yet asked for more coal supplies, although the APBI has said it stands at the ready to provide supplies if Japan asks for them.

      “There is going to be more coal to be sold out of Indonesia elsewhere other than Japan,” Kamandanu said. “Quantity-wise, it will not be too significant. [Japan] only wants high-quality coal.”

      He added that Australian and Chinese producers were better candidates than Indonesia to supply more coal to Japan. Coal prices in the region have dropped in the wake of the quake and shutdowns of Japan’s coal-fired plants.

      Thermal coal on the Newcastle index, a benchmark for Asia, fell to $125.39 per ton for the week to date on Thursday, from $129.87 a week earlier.
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      schrieb am 20.03.11 21:57:58
      Beitrag Nr. 3.076 ()
      Antwort auf Beitrag Nr.: 41.234.849 von Bakrieboy am 18.03.11 22:58:34Ich schätze, dass diese kurzfristigen negativen Einflüsse sich sehr schnell in positive wenden kann. Denn ich vermute, dass die Atomkraft in Japan doch stark eingeschränkt wird, da sie momentan sicher sehr in Frage gestellt wird, auch weil das Entlagerproblem noch viel größer als in anderen Ländern ist. Das könnte dazu führen, dass mehr Kohlekraftwerke gebaut oder wieder in Betrieb genommen wird. Das wäre natürlich für BUMI sehr vorteilhaft, da sie ja direkt vor der Tür liegen und damit auch die Transportkosten sehr niedrig wären.
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      schrieb am 21.03.11 03:51:37
      Beitrag Nr. 3.077 ()
      Antwort auf Beitrag Nr.: 41.238.885 von Pebbles am 20.03.11 21:57:58Das klingt zwar logisch, allerdings sind die Preise ja erst mal festgelegt(die Verträge laufen ja meist über Monate oder Jahre) und diese Fantasie ist denke ich schon eingepreist.

      Ist in diesem Fall auch nur ein Artikel von Jakarta Globe:)
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      schrieb am 21.03.11 09:53:03
      Beitrag Nr. 3.078 ()
      Antwort auf Beitrag Nr.: 41.239.179 von Bakrieboy am 21.03.11 03:51:37Das ist zwar richtig; doch ich denke an neue Kunden.Schliesslich wird auch in Japan und Umgebung die Atomkraft kritischer gesehen und wieder alte und neue Kohlekraftwerke in Betrieb genommen, auch wenn die ja auch nicht gerade umweltverträglich sind.
      6 Antworten?Die Baumansicht ist in diesem Thread nicht möglich.
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      schrieb am 21.03.11 11:38:45
      Beitrag Nr. 3.079 ()
      Weiß einer genaueres ob die Jahreszahlen am 01.04.2011 verkündet werden?
      Avatar
      schrieb am 22.03.11 21:04:25
      Beitrag Nr. 3.080 ()
      Antwort auf Beitrag Nr.: 41.239.804 von Pebbles am 21.03.11 09:53:03Meinst du nicht, dass das schon eingepreist ist? Aktuell steigen ja auch die Produktionskosten für Kohleförderer...Adaro wurde heute von CIMB herabgestuft(falls jemand den Bericht will, bitte PM an mich), man sieht ja auch, wie die Aktie heute abverkauft wurde.
      Normalerweise gibt es ja auch eine gewisse Korrelation zwischen den Öl- und Kohlepreisen. Dies scheint aber aktuell auch nicht mehr soviel Auftrieb für die Aktien zu bieten...mir fällt aber diese Woche auch ein Trend zu sehr geringem Volumen auf, der mich etwas wundert. Da werden viele Aktien mit gerade mal 5-10% des durchschnittlichen Volumens gehandelt...schon etwas komisch...
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      schrieb am 22.03.11 21:17:36
      Beitrag Nr. 3.081 ()
      Antwort auf Beitrag Nr.: 41.250.094 von Bakrieboy am 22.03.11 21:04:25Momentan bin ich auch etwas vorsichtig geworden und einen SL gesetzt. Die Aktie liegt auf dem Abwärtstrend und sieht chartechnisch kritisch aus.

      Es kann zwar sein, dass die Aktie schnell wieder hoch kommt, aber im Moment stehen Kohleaktien aus Asien nicht im Fokus der Anleger --- was ich nicht so ganz verstehe. Aber man muss den Markt so nehmen wie er ist und sollte sich nicht dagegen stemmen.

      Mal schaun, ob der SL zieht oder aber die Aktie wieder gegen Norden geht.
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      schrieb am 24.03.11 11:15:58
      Beitrag Nr. 3.082 ()
      Vielleicht ganz gut, das ich nicht über SL rausgeflogen bin, denn in den letzten Tagen hat der Kurs ja dochr echt gut angezogen und bin sogar wieder leicht im Plus.

      Mal sehen, wie sich der Kurs weiter entwickelt. Immer mehr Analysten sprechen davon, dass der Kohlepreis weiter steigen wird. Es gibt bereits erste Kohleminen, die dazu über gehen, der Preis monmatlich neu zu verhandeln, da der Kohlepreis so stark steigt.

      Mal schaun, wie es weiter geht.
      Avatar
      schrieb am 25.03.11 19:07:08
      Beitrag Nr. 3.083 ()
      Antwort auf Beitrag Nr.: 41.250.157 von Pebbles am 22.03.11 21:17:36Ich würde in jedem Falle immer den Chart und den Index im Auge behalten. Aktuell ist der Index überkauft und heute auch am Widerstand abgeprallt...wird nächste Woche vermutlich eher wieder in Richtung Süden gehen...

      Adaro wäre vielleicht einen Blick wert...auch wenn CIMB die Aktie abgestuft hat könnte man bei Preisen unter 2200 schon nachdenklich werden. BORN hat auch gute Aussichten, dass Preisziel wurde gerade von 2050 auf 2250 gehoben...Koks ist ziemlich teuer und BORN verkauft wohl ziemlich viel davon an japanische und koreanische Stahlschmelzen...aktuell ist die Aktie überkauft, aber bei einem Setback wäre das eine Überlegung.

      Hier noch ein Artikel von heute:

      http://finance.yahoo.com/news/Coal-Will-Benefit-from-Japans-…

      Coal Will Benefit from Japan's Nuclear Near Miss


      Coal stocks have generally performed very well in the last six months. This is no surprise, as global coal prices, both thermal and metallurgical, are reaching multiyear highs. We think this momentum will continue in the coming year.

      The coal industry has benefited from two relatively unlikely events in the last few months. First, in late 2010, torrential flooding in Australia severely disrupted metallurgical coal shipments out of Queensland. As Australia is a linchpin of the global coal trade, this sent Asian coal prices soaring to levels unseen since 2008. Metallurgical coal prices in particular jumped perhaps 40% to over $300 per ton.

      Then, a giant earthquake and tsunami plowed into Japan, severely damaging the Fukushima nuclear power plant. Although the Japanese authorities seem to have the situation under control, the near-meltdown at the plant shook the world's confidence in nuclear power to its core. In the days since the disaster, China temporarily halted its ambitious reactor building program, and Germany peremptorily shut down its pre-1980 plants. Regulators from the United States and Japan are also scrutinizing plant safety and may mandate additional safeguards and increased inspections going forward.

      In the medium term, damage to Japanese nuclear power will slightly increase demand for thermal coal. However, the most profound consequences will be the long-term impact on the global energy mix. All of the upcoming challenges to nuclear power will diminish its contribution to world electricity generation. The shortfall will have to be made up somewhere, and one of the big sources is coal.

      Incrementally, we expect the nuclear disaster to prompt existing plants to run harder and new plants to be built, especially in the emerging world. This is undoubtedly good for coal demand and pricing. The markets have to some extent already anticipated this, as global coal prices have risen slightly since the earthquake struck.

      2011 Will Be a Good Year
      With coal prices so high, most companies are looking for near-record earnings in 2011. This is true especially for companies with substantial metallurgical coal exposure, because metallurgical coal is sold on the spot market or with relatively short-term contracts. As coal miners typically enjoy higher operating leverage, the higher selling prices can fatten the bottom line dramatically. Big beneficiaries of this trend are Alpha Natural (NYSE:ANR - News) and International Coal (NYSE:ICO - News). In the same vein, companies with an international presence, chiefly Peabody Energy (NYSE:BTU - News), will benefit as well. Peabody's Australian mines should see record profits on the back of the red-hot Asian coal market (somewhat offset by decreased production from flooded mines).

      In contrast, U.S. thermal coal producers haven't benefited nearly as much. For one, thermal coal contracts, especially in the Western U.S., are made for much longer terms. This smoothes out earnings but is a liability in a bullish market. Second, even as Asian coal prices rally, U.S. domestic prices have failed to keep up. The reason is simple: even though high Asian prices are signaling global markets to supply more coal, the transportation costs of sending coal from U.S. to Asia are too high for miners to oblige. As domestic demand is still fairly weak and stockpiles are plentiful, pricing has not been forced upward. As a result, Central Appalachian benchmarks have stagnated at about $75 per ton and Powder River Basin benchmarks at about $14 per ton.

      The Emerging Export Opportunity
      In the last year or so, world coal markets have been increasingly bifurcated into two regions--the Pacific basin and the Atlantic basin. The former includes countries like China, India, South Korea, Taiwan, and Japan (major importers); and Australia, Indonesia, Russia, Mongolia, and South Africa (major exporters). The latter includes primarily the U.S., Columbia (exporters), and Europe (importer).

      The Pacific basin is blessed with high growth, an increasingly stretched supply chain, and very high coal prices. The Atlantic basin, especially the U.S., is exactly the opposite. Increasingly, coal prices are diverging between the two basins as it is too expensive to send coal from one to the other and arbitrage away that difference.

      However, in the next five or 10 years, things may change dramatically. As Asian thermal coal prices rise to over $130 per ton, it has become profitable to export coal directly out of the Powder River Basin. The PRB's mining costs are so low that miners can make a hefty profit assuming they can get the coal to a port and onto a ship. With plenty of opportunity to expand production, the PRB stands the best chance of "relinking" the Pacific and Atlantic basins.

      Unfortunately, because this opportunity is so new and nascent, there isn't enough physical infrastructure to support it. In particular, there is not enough port capacity on the West Coast to accept all the coal that miners are willing to send. PRB coal miners are already busy at this--we've seen port building commitments out of both Peabody Energy and Arch Coal (NYSE:ACI - News). Although it will take several years to build enough ports to make a difference to global trade patterns, the capability to export out of the West Cost promises to change the PRB for the better.

      The most obvious benefit is the direct profit potential for selling coal to Asia as opposed to U.S. utilities. However, just as importantly, if tens of millions of tons of coal leave for Asia, overall U.S. supplies will tighten, driving up coal prices across the board. We expect all domestic producers to benefit from this, none more so than the major Powder River miners Peabody, Arch, and Cloud Peak Energy (NYSE:CLD - News).
      3 Antworten?Die Baumansicht ist in diesem Thread nicht möglich.
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      schrieb am 28.03.11 23:01:03
      Beitrag Nr. 3.084 ()
      Antwort auf Beitrag Nr.: 41.268.454 von Bakrieboy am 25.03.11 19:07:08Ich bin lieber in unterschiedlichen Rohstoffen investiert anstatt alles auf Kohle zu setzen. Deshalb ist BUMI meine einzige Aktien aus dem Kohlesektor. Doch bin ich der Meinung, dass einfach die günstige Lage zu China, Indien und anderen aufsteigenden asiatischen Staaten zu weiter guten Ergebnissen führen sollten. Deshalb bleibe ich dabei, sofern nicht das SL zuschlägt und schaue mir keine andere Aktie an.
      2 Antworten?Die Baumansicht ist in diesem Thread nicht möglich.
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      schrieb am 29.03.11 22:19:47
      Beitrag Nr. 3.085 ()
      Antwort auf Beitrag Nr.: 41.279.319 von Pebbles am 28.03.11 23:01:03Unter diesem Aspekt wären ADRO, PTBA, ITMG, BYAN oder BRAU aber ebenso gut:). Vom P/E her sind einige davon deutlich günstiger...ADRO hat eine sehr gut ausgebaute Infrastruktur und betreibt einige Kohlehäfen(ist bei BUMI soweit ich weiß nicht der Fall), außerdem ist die Verschuldung bei BUMI leider immer noch am höchsten. Ist natürlich aber auch die Frage ob du eher langfristig investierst, oder immer mal wieder in den Markt rein gehst und dann wieder raus(je nach Chart). Ich bin jetzt mal bei ADRO eingestiegen, allerdings nur, da es aktuell immer noch eine der wenigen Aktien ist, die nicht überkauft ist(und der Index scheint ja nicht so richtig zu korrigieren). Vom Volumen her sind BUMI und ADRO aber sicherlich die beste Wahl, da beide preislich nicht so weit auseinander liegen, jedoch beide auch mit das größte Fördervolumen haben:).
      1 Antwort?Die Baumansicht ist in diesem Thread nicht möglich.
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      schrieb am 29.03.11 22:21:39
      Beitrag Nr. 3.086 ()
      Antwort auf Beitrag Nr.: 41.285.618 von Bakrieboy am 29.03.11 22:19:47Klingt ja gar nicht so schlecht. Ich werde mir die Firmen mal anschauen.
      Avatar
      schrieb am 29.03.11 23:05:44
      Beitrag Nr. 3.087 ()
      Bei ADRO gibt es ja fast keine Umsätze in Deutschland und in Amerika noch weniger. Das sind ja mehr oder weniger Zufallskurse. Da bleibe ich lieber bei BUMI, egal wie interessant ADRO auch ist.
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      schrieb am 30.03.11 13:06:28
      Beitrag Nr. 3.088 ()
      Interessanter Artikel über Caterpillar und deren Geschäfte mit Kohleminen.

      Auch der Hinweis auf Indien (nahe zu Indonesien) ist interessant.

      http://www.nzz.ch/finanzen/nachrichten/gute_stimmung_in_den_…
      Avatar
      schrieb am 30.03.11 16:36:10
      Beitrag Nr. 3.089 ()
      Antwort auf Beitrag Nr.: 41.285.824 von Pebbles am 29.03.11 23:05:44Sorry, ich meinte natürlich ADRO für die, die direkt in Jakarta handeln:). Hat sich heute übrigens nicht gut gehalten...war mit BYAN der einzige Kohlewert der fiel, trotz gestiegener Ölpreise.
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      schrieb am 31.03.11 10:37:47
      Beitrag Nr. 3.090 ()
      Die Zahlen sind meines Erachtens relativ gut ausgefallen. Wie ist da eure Meinung?

      "...posted 2010 net profit of $311.18 million."
      "...analysts' forecasts for 2010 of $269.8 million"

      http://www.finanznachrichten.de/nachrichten-2011-03/19800967…
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      schrieb am 31.03.11 11:12:48
      Beitrag Nr. 3.091 ()
      Antwort auf Beitrag Nr.: 41.290.430 von Bakrieboy am 30.03.11 16:36:10Gebühren für Kauf/Verkauf in Indonesien sind mir zu hoch. Ausserdem sind mir die Aktien, die in Deutschland fast nicht gehandelt werden, zu spekulativ und undurchsichtig. Aber kann natürlich auchmeine Unerfahrenheit mit den Aktien in Indonesien sein.
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      schrieb am 31.03.11 11:13:59
      Beitrag Nr. 3.092 ()
      Antwort auf Beitrag Nr.: 41.294.781 von bug86 am 31.03.11 10:37:47Deshalb ist gestern ja auch der Kurs gut gestiegen. Aber interessant ist auch, dass Indien wohl wesentlich mehr Kphle in den nächsten Jahren braucht, um seinen Aufschwung mit Energie zu versorgen. Was liegt da näher, als in Indonesien zu kaufen?
      Avatar
      schrieb am 05.04.11 09:54:11
      Beitrag Nr. 3.093 ()
      ... sehr richtig. Dem kann ich nur voll zustimmen.

      LG
      Avatar
      schrieb am 06.04.11 00:32:19
      Beitrag Nr. 3.094 ()
      Antwort auf Beitrag Nr.: 41.295.115 von Pebbles am 31.03.11 11:12:48Also ich hatte fast null Aktienerfahrung und kannte fast keine Werte dort, als ich im AUgust 2008 anfing. Man kann sich aber recht schnell reinfinden, vor allem wenn du einen guten Broker hast und dich über die Firmen und das Land informierst. Gebühren finde ich sehr niedrig. Habe in Deutschland bis zu 1,7% für Ein- und Verkauf gezahlt...aktuell sind es nur knapp 0,35(Ein- und Verkauf wohlgemerkt). Mit den entsprechenden Summen habe ich sogar bei einem Broker ein Angebot gehabt für insgesamt 0,2% zu handeln, allerdings brauch man da schon ne Viertelmillion.

      Undurchsichtig? Das wäre für mich bei BUMI der Fall. Gemauschelt wird bei vielen Firmen dort, aber einige haben recht gute PR. Adaro fiele mir da ein...oder Lippo Karawaci. Intiland hat eigentlich auch immer recht informativ gehandelt. Bei BUMI meinen einige es wäre das übliche Spiel, wo man die Bilanzen aufschönt.
      Rein von den Zahlen her haben sich ja fast alle Kohlefirmen verschlechtert zum Vorjahr...gab glaube ich nur eine, wo es mehr Gewinn und Umsatz gab(PTBA wenn ich mich nicht irre). ITMG, BUMI, ADRO, BYAN, BRAU...überall fiel es im Vergleich zum Vorjahr. Das hat natürlich jetzt nicht mehr sooo die Aussagekraft, aber wenn man bedenkt wie wenig bei einigen der Kurs nachgegeben hat, ist da meiner Meinung nach doch schon sehr viel zukünftige Entwicklung eingepreist.

      Wen's interessiert, habe vor ein paar Tagen einen Report zu BUMI bekommen, TP ist glaube ich bei 4100 wenn ich mich nicht irre. Dort wird auch noch mal Stellung zu den Zahlen genommen.
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      schrieb am 07.04.11 09:29:15
      Beitrag Nr. 3.095 ()
      Antwort auf Beitrag Nr.: 41.324.734 von Bakrieboy am 06.04.11 00:32:19Ich glaube schon, dass in Indonesien die Firmen sehr viel mauscheln und auch nicht so vom Staat oder der Börsenaufsicht beobachtet werden. Das sind die Unzulänglichkeiten mit denen man halt leben muss, wenn man in derartige Länder investiert.

      Ich würde auch nicht wesentliche Teile meines Geldes in BUMI stecken, aber als Beimischung finde ich den Wert trotzdem interessant.
      1 Antwort?Die Baumansicht ist in diesem Thread nicht möglich.
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      schrieb am 07.04.11 19:48:09
      Beitrag Nr. 3.096 ()
      Antwort auf Beitrag Nr.: 41.331.957 von Pebbles am 07.04.11 09:29:15Oh, es stört mich auch nicht unbedingt. Solange es zumindest kein so offenes Geheimnis ist, wie es bei BUMI ja doch der Fall ist. Aber im Fall von BUMI ist es auch einfach das gebrannte Kind bei mir(oder einigen Bekannten). Man merkt auch, dass sich da schon was tut in Sachen Geldwäsche bekämpfen und ähnliches(habe ich eigenhändig erlebt, als ich dort Geld abheben wollte...man durfte mir keinen Scheck geben(ab einer gewissen Summe), was aber 2009 noch problemlos ging).
      Avatar
      schrieb am 08.04.11 21:11:54
      Beitrag Nr. 3.097 ()
      Bumi Eyes Early Payment of China Debt

      Bumi Resources, Asia’s biggest thermal coal exporter, plans to redeem $375 million in convertible bonds in August as part of early repayment on $1 billion in debt to a Chinese wealth fund this year, a company director said on Friday.

      Dileep Srivastava said the bonds would normally mature in August 2014. He also said the firm’s priority was to repay a first tranche of $600 million in October out of a total $1.9 billion in debt it owes to China Investment Corp.

      “It’s two years early and we’ll save two years of 19 percent of IRR [internal rate of return], sourcing mainly from strong internal cash flows,” he said.

      As of the third quarter of 2010, Bumi had around $4.6 billion of debt on its balance sheet. It intends to slash its gross debt position by $1 billion this year.

      In 2009, Bumi Resources signed a strategic investment with CIC for $1.9 million debt-like instrument, according to Bumi’s Web site. Based on the initial agreement, the first tranche worth $600 million is to be repaid in 2013 and the second tranche worth $600 million in 2014. The final installment is expected in 2015 for $700 million.

      Ibrahim, general manager at Harvest International Futures, said Bumi wanted to speed up its debt payments so the company could shift its focus over to its future expansion plans.

      “Coal prices are expected to soar in the second half of this year. Bumi is trying to catch the momentum to settle their debt, and I believe they have started to build new contracts with Japan and South Korea,” he said.

      He said he expected demand for coal to double around the globe, with the price possibly increasing 35 percent by the end of the year. The demand will increase as some European countries plan on shutting down their ageing nuclear reactors. South Korea and Japan are also converting to coal power plants, Ibrahim said, especially after the tsunami and earthquake in Japan. 
      Avatar
      schrieb am 09.04.11 12:02:18
      Beitrag Nr. 3.098 ()
      Wenn ich die Nachrichten der letzten Woche mal zusammenfasse, sind das meines Erachtens alles positive Nachrichten, die sich jedoch kaum im Aktienkurs widergespiegelt haben.

      1.Gute Jahreszahlen
      http://www.finanznachrichten.de/nachrichten-2011-03/19800967…

      2.Vallar will seine Anteile aufstocken auf 51%
      http://www.ft.com/cms/s/0/f8ec0d98-6087-11e0-9fcb-00144feab4…


      3.Schnellere Tilgung der Schulden
      http://www.thejakartaglobe.com/business/bumi-eyes-early-paym…


      Die Frage ist warum... Der Jakarta Index hat sich eigentlich relativ gut erholt, zurück in die 3700Punkte Region. Betrachtet man den Bumi Kurs aus Januar als der JakartaIndex auf 3780Punkte stand,ist kaum eine Verbesserung des Bumi Kurses zu erkennen ca.3300RP.
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      schrieb am 09.04.11 18:52:46
      Beitrag Nr. 3.099 ()
      Antwort auf Beitrag Nr.: 41.343.943 von bug86 am 09.04.11 12:02:18Man sollte einfach nicht zu ungeduldig sein. Schliesslich läuft BUMI sauber in einem Aufwärtstrend (aber immer an der unteren Kante) der aber nicht allzu steil ist.

      Ich warte einfach mal ab, denn manche Aktien werden eine zeitlang gar nicht beachtet um dann auf einmal wieder anzuziehen. Die Börse kann da schon ziemlich zickig sein :D :(
      Avatar
      schrieb am 09.04.11 22:40:09
      Beitrag Nr. 3.100 ()
      Antwort auf Beitrag Nr.: 41.343.943 von bug86 am 09.04.11 12:02:18Könnte wohl daran liegen, dass die Bakriegruppe gerade generell eher underperformt.

      Der Sektor Kohle wurde gerade erst von diversen Häusern auf "underperform" oder "neutral" heruntergestuft.
      Mit den Jahreszahlen wäre ich vorsichtig...bei Adaro hieß es auch erst, dass die positiv sind, dann waren es negative...im Falle von BUMI habe ich gehört, dass da viel frisiert wurde. Soweit ich weiß haben ALLE Kohlefirmen ein Minus im Bereich 30-47% im Vergleich zum Vorjahresumsatz-/gewinn. Nur Bukit Asam(meine ich) hätte zugelegt. Das liegt aber auch am schwächeren Ölpreis im Vorjahr(teilweise), den gestiegenen Kosten und dem schlechten Wetter.

      Zum Thema schnelle Schuldentilgung...da wäre ich bei Bakrieaktien generell skeptisch. Die versprechen einem das blaue vom Himmel herunter. Beispiel Bakrieland: Nach dem Rights Issue 2009 hieß es, es werde in den nächsten 5 Jahren keins mehr geben...ein paar Monate später gab es schon wieder eins;). Ähnliches gab es bei BUMI, ENRG, UNSP.

      Pebbles hat mit seiner Strategie sicherlich nicht ganz Unrecht...ich denke aber, wenn du die Aktien nicht noch vor der Abgeltungssteuer gekauft hast, könntest du auf Stärke verkaufen und Kursrücksetzer nutzen, solche wird es sicherlich noch geben, da im Moment viele Dinge schon im Kurs eingepreist sind. Falls es dich interessiert, kann ich dir gerne das pdf zu BUMI schicken, Kursziel war glaube ich 4050/4100.
      Avatar
      schrieb am 13.04.11 13:35:32
      Beitrag Nr. 3.101 ()
      Bumi Resources Rises Most in 4 Months on Debt Payment Schedule

      PT Bumi Resources, Indonesia’s biggest coal producer, advanced the most in more than four months in Jakarta trading on speculation that a plan to repay debt ahead of schedule will boost earnings.

      Bumi rose 6.3 percent to 3,375 rupiah at the midday break, set for the largest gain since Dec. 1 and beating the 0.2 percent increase in the benchmark Jakarta Composite index.

      The coal producer reported on March 31 a 63 percent jump in profit to $311 million last year, surpassing the mean estimate of $276 million in a Bloomberg survey of 17 analysts. Bumi plans to repay the first tranche of debt to China Investment Corp. in October, Nathaniel Rothschild, co-chairman of Vallar Plc that owns 25 percent of the Indonesian company, said yesterday, without specifying amounts.

      “People’s expectations on Bumi’s earnings have improved,” said Norico Gaman, head of research at PT BNI Securities, who recommends buying the stock. “A debt reduction at the same time as production capacity increases could mean that profit growth in 2011 will exceed that of 2010.”

      Bumi plans to repay early $600 million of debt due October 2013 to the Chinese sovereign wealth fund as part of the company’s aim to cut debt by $1 billion this year, Director Dileep Srivastava said on Feb. 7.

      The coal producer aims to increase output to 111 million metric tons in 2012 from 60 million tons in 2009, the company said in March last year. Sales and prices may rise by at least 10 percent this year, Srivastava said on Jan. 21.

      Bumi has climbed 42 percent in Jakarta trading in the past year, outperforming the 29 percent gain in the main index.
      Avatar
      schrieb am 13.04.11 15:24:40
      Beitrag Nr. 3.102 ()
      Na, das klingt doch recht positiv. Dann bleibe ich doch wohl erst einmal dabei. Heute ist ja ein schönes Plus auch in Deutschland zu verzeichnen.
      Avatar
      schrieb am 19.04.11 06:17:59
      Beitrag Nr. 3.103 ()
      Google Übersetzung:

      EARTH prepare an investment worth U.S. $ 1.25 billion, or about Rp11.13 trillion for expansion in four mining assets this year and next. The four mining companies are KPC, Arutmin, Fajar Bumi Sakti and Pendopo Energy. EARTH will increase capacity
      efficient production and transportation through the construction of a conveyor line. In addition
      EARTH is also planning to strengthen their market penetration into large markets such as China and India.
      Avatar
      schrieb am 27.04.11 21:01:36
      Beitrag Nr. 3.104 ()
      Sind euch auch die "großen" Umsätze in Deutschland gestern und heute aufgefallen?

      Heute alleine Xetra Volumen 2.955.867

      Das ist mehr als das 10fache an normalen Tagen.
      2 Antworten?Die Baumansicht ist in diesem Thread nicht möglich.
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      schrieb am 29.04.11 09:36:43
      Beitrag Nr. 3.105 ()
      Bumi Kaufziel von JP Morgan auf 4500Rp angehoben

      PT Bumi Resources (BUMI IJ), Indonesia’s largest coal producer, rose 1.5 percent to 3,400 rupiah, set for the highest close since April 13, after JPMorgan Chase & Co. raised Bumi’s share-price estimate to 4,500 rupiah from 4,000 rupiah.

      http://www.bloomberg.com/news/2011-04-29/indonesia-stocks-ba…
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      schrieb am 29.04.11 09:47:30
      Beitrag Nr. 3.106 ()
      Antwort auf Beitrag Nr.: 41.427.650 von bug86 am 29.04.11 09:36:43Kaufziel? Sicher ein Bug, oder? :D
      Avatar
      schrieb am 29.04.11 19:11:17
      Beitrag Nr. 3.107 ()
      Antwort auf Beitrag Nr.: 41.419.368 von bug86 am 27.04.11 21:01:36Vielleicht die Briten von Vallar, die Preisunterschiede ausnutzen wollen?
      1 Antwort?Die Baumansicht ist in diesem Thread nicht möglich.
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      schrieb am 29.04.11 19:17:53
      Beitrag Nr. 3.108 ()
      Antwort auf Beitrag Nr.: 41.431.495 von Bakrieboy am 29.04.11 19:11:17Da habe ich auch schon dran gedacht, dass die Briten hier in Deutschland "unbehelligt" reinwollen. Heute schon wieder gute 2 Mio gehandelt, das ist doch nicht normal ^^
      Avatar
      schrieb am 04.05.11 08:50:21
      Beitrag Nr. 3.109 ()
      BUMI estimate revenue for 1Q11 reached U.S. $ 1.12 billion, up 11% compared to last year. BUMI Director confirms an increase Average selling price, which jumped 27% to driver of increased revenue this year despite a decrease in sales volume. The decrease in sales caused by high rainfall that disrupt production this year.

      Quelle: Ciptadana
      Avatar
      schrieb am 05.05.11 11:16:26
      Beitrag Nr. 3.110 ()
      Heute morgen schon enormes Handelsvolumen in Deutschland. Als Beispiel Xetra.
      Fällt euch was auf??
      05.05 10:37:58 0,281 50.000
      05.05 10:37:56 0,281 50.000
      05.05 10:37:53 0,281 50.000
      05.05 10:37:51 0,281 50.000
      05.05 10:37:48 0,281 50.000
      05.05 10:37:42 0,281 50.000
      05.05 10:37:40 0,281 50.000
      05.05 10:37:37 0,281 50.000

      05.05 10:00:16 0,278 6.000
      05.05 10:00:06 0,280 50.000
      05.05 10:00:06 0,278 19.000
      05.05 09:48:54 0,278 31.000
      05.05 09:48:54 0,280 49.000
      05.05 09:42:46 0,280 1.000
      05.05 09:39:50 0,274 9.000
      05.05 09:39:50 0,276 50.000
      05.05 09:39:50 0,279 20.000
      05.05 09:39:50 0,280 50.000
      05.05 09:35:33 0,280 45.000
      05.05 09:35:18 0,280 43.000
      05.05 09:34:47 0,281 50.000
      05.05 09:34:45 0,281 50.000
      05.05 09:34:42 0,281 50.000
      05.05 09:34:37 0,281 50.000
      05.05 09:33:29 0,280 7.000
      05.05 09:33:25 0,281 50.000
      05.05 09:32:23 0,281 50.000
      05.05 09:32:17 0,281 50.000
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      05.05 09:30:10 0,281 50.000

      05.05 09:29:45 0,281 30.000
      05.05 09:29:24 0,281 20.000
      05.05 09:08:00 0,281 706
      05.05 09:07:52 0,281 49.294
      05.05 09:04:26 0,281 140.706
      Avatar
      schrieb am 30.05.11 04:21:37
      Beitrag Nr. 3.111 ()
      Vallar deal puts Jakarta family in the big game

      GOOD governance is not synonymous with traditional Bakrie Group methods, but Nirwan Bakrie seems as proud of the reputational value of his deal with British investment firm Vallar as he is with the fact that it puts his family in charge of the world's biggest thermal coal business.

      The deal pulling together the group's Bumi Resources interests with those of another big Indonesian operation, Berau Coal Energy, under a London listing and a place in the FTSE 100 is potentially transformational for Bakrie.

      But the affable, raspy-voiced, chain-smoking co-head of the Bakrie clan -- his older brother Aburizal has stepped back from the business to pursue presidential ambitions -- has other schemes brewing.

      The next priority for its group-altering potential is the massive Masela Block gas property in the Arafura Sea, where Bakrie's petroleum arm, Energi Mega Persada, has bought 10 per cent and wants more. Nirwan's managers are scouting Australian resource acquisitions.

      Start of sidebar. Skip to end of sidebar.

      End of sidebar. Return to start of sidebar.

      Nirwan says nothing has yet been specifically targeted, but "that's a place we have to be very close with".

      Oh, and if he can come to terms with Football Federation Australia, the Bakries would also like an A-League club. Football and Indonesia's colourful soccer politics are Bakrie passions.

      Finalising the deal with Vallar, though, is 59-year-old Nirwan's current preoccupation.

      Bakrie is a sprawling, acquisitive conglomerate, its assets heavily weighted to resources, with a reputation for questionable dealings with governments, public officials and minority interests.

      Add to that a history of debt crunches, the most recent being in 2008, although the Bakries weren't alone in that condition during the global financial crisis shock to resources prices.

      "I think you understand, people understand, when they talk about Bakrie, they talk about governance," says Nirwan, who is chief executive of Bakrie and Brothers, the listed holding company.

      "No 2 is Bakrie's lack of capital, but now we have Nat Rothschild and Vallar, which is very good in the equity markets, and very good networks in the financial society.

      "So this is a very important deal for us. I'm very glad and very proud of this deal."

      So he should be. For all the publicity glow around the 39-year-old finance aristocrat Nathaniel Rothschild as the deal's engineer, the people who appear to have done best out of Vallar -- and probably played a larger part in its genesis than is widely acknowledged -- are the Bakries.

      As is now legendary, Rothschild floated Vallar as a pound stg. 707 million ($1.1 billion) investment cash box in the middle of last year.

      He was introduced to Nirwan in October and they announced the startling Indonesian deal out of the blue on November 16.

      According to Rothschild, "the process was slightly over a month, and that's not unusual".

      In his world, perhaps. In Indonesia such matters usually take longer and require more spadework. In 2009, for instance, it took six months for Recapital Advisory, headed by emerging entrepreneur Rosan Roeslani, to clinch the purchase and financing for 90 per cent of Berau, Indonesia's fifth-largest coal producer.

      It was persistently speculated that Recapital's purchase was substantially funded by Bakrie interests.

      Following completion of the initial November 16 deal with Vallar's payment of $US3bn ($2.8bn) and share swaps, Vallar owns 75 per cent of Berau and 25 per cent of Bumi Resources.

      Their combined steaming coal production this year is estimated at 78 million tonnes, rising to 140 million tonnes in 2013.

      Bakrie and Brothers owns 43 per cent of the transformed Vallar, to be renamed Bumi Plc.

      Recapital has 25 per cent, the investors who bought into the Vallar float are diluted to 28 per cent and Rothschild and his associate James Campbell have 4 per cent.

      The third Bakrie brother, Indra, 57, was appointed co-chairman with Rothschild, Bumi Resources president director Ari Hudaya becomes chief executive and Bumi Resources finance director Andrew Beckham will be chief financial officer.

      The next stage should further strengthen the Jakarta camp's hand when the non-Indonesian owners of 15 per cent of Bumi Resources are offered a swap into Bumi Plc stock.

      The offer is expected to accompany a June 17 prospectus for Bumi Plc's "prime listing" on the London exchange. The London company wants to hold 50 per cent of Bumi Resources by the end of the year.

      Nirwan acknowledges the London listing requires far higher levels of disclosure and standards of governance than Indonesian investors are able to demand. Even so, Bakrie companies have had numerous scrapes with tolerant local regulators.

      But Vallar also offers the prospect of respectability that opens doors in international finance.

      "Yes, (already) there's more people coming to see us from the equity side," Nirwan says. "But from the debt side . . . more banks want to talk of course, but we're not having any problems now."

      What opens bankers' doors best is a sharp reduction in the group's towering debt load. Nirwan is intent on slicing both borrowings and debt structure.

      Bumi Resources management has targeted $US500m to $US600m of asset divestments this year and are back in talks with China Investment Corporation about restructuring its $US1.9bn debt holding.

      Until now, the Chinese fund has been too satisfied with its 12 per cent coupon to consider offers of a part-swap into Bumi Resources stock.

      Bakrie has given notice it will repay $US600m in October, a year early, and Nirwan says the issue of swapping more debt into Vallar stock hasn't arisen. . . yet.

      As to Australian objects of interest, besides the A-League Nirwan is keeping his own counsel for now.

      He points out, though, that his family has a history of working with Australian companies, going back to the days of his father, Ahmad Bakrie, founder of the business dynasty.

      "We know for sure that we've been able to work with Australian parties for years," he says.

      Bakrie Tubemakers began life almost 40 years ago as a pipe-making joint venture between Bakrie and Brothers and Tubemakers of Australia, while Bakrie Construction was a collaboration with Transfield.

      Both are now wholly owned by the group, which recently brought Brisbane company Panax Geothermal into Bakrie Power's first Java geothermal development.

      But there are plenty of Australian coal people, too, who are already familiar with the East Kalimantan mines now forming the spine of the new Bumi giant.

      Kaltim Prima Coal was once a subsidiary of the former CRA, now Rio Tinto, which developed the biggest East Kalimantan mine and port operation with BP in the late 1980s. BHP, before it had Billiton appended, built the PT Arutmin operations.

      Bakrie and Brothers joined both projects as minority partners.

      It was explicit in their contracts of work with the Indonesian government that the foreign partners would have to sell down in stages to local firms.

      But at one point, in 1997, Bakrie appeared keener to sell, at least from Arutmin.

      However, faced with a requirement to sell 51 per cent to a local enterprise, BHP Billiton sold out wholly from Arutmin in 2001.

      Rio-BP left Kaltin Prima in 2003, ending a spectacular two-year struggle between some of the nation's most powerful business families, officials and provincial and district governments.

      Bumi Resources, until then a little-noticed entity, emerged with both projects, for a total of $648m plus assumed debt, subsequently bringing in Tata Power of India as 30 per cent partner.

      Like the soon-to-be Bumi Plc, at this moment they look like sweet deals for the Bakries.
      Avatar
      schrieb am 02.06.11 17:04:08
      Beitrag Nr. 3.112 ()
      1 Antwort?Die Baumansicht ist in diesem Thread nicht möglich.
      Avatar
      schrieb am 06.06.11 01:18:40
      Beitrag Nr. 3.113 ()
      Antwort auf Beitrag Nr.: 41.595.504 von BUMMI59 am 02.06.11 17:04:08Was ist das denn:S? Klingt aber sehr extrem, oder?
      Avatar
      schrieb am 07.06.11 14:38:41
      Beitrag Nr. 3.114 ()
      Klingt aber sehr extrem, oder?

      Na ja, die Zeiten sind nunmal extrem...was hast du mit S?
      1 Antwort?Die Baumansicht ist in diesem Thread nicht möglich.
      Avatar
      schrieb am 08.06.11 00:12:12
      Beitrag Nr. 3.115 ()
      Antwort auf Beitrag Nr.: 41.613.639 von BUMMI59 am 07.06.11 14:38:41Meintest du :S? Das steht für so was wie "verwirrt":).
      Also mir klingt das ganze etwas zu schwarz...es stimmt, die Zeiten sind nicht optimal, aber es gab doch genug andere Beispiele in der Geschichte, wo es auch düster aussah. Aber bisher ist die (Börsen)Welt nicht untergegangen;)
      Avatar
      schrieb am 09.06.11 12:32:07
      Beitrag Nr. 3.116 ()
      Meintest du :S? Das steht für so was wie "verwirrt"

      Hiermit bestätige ich dir offiziell, dass du mir in der SMILIE-Sprache weit voraus bist!

      W:O sieht die Sache mittlerweile ähnlich, wie der gestrige newsletter beweist...Dirk Müller hat gestern im DAF noch düstere Aussichten prognostiziert und der soll ja bekanntlich Ahnung haben, oder? :)
      1 Antwort?Die Baumansicht ist in diesem Thread nicht möglich.
      Avatar
      schrieb am 11.06.11 05:17:18
      Beitrag Nr. 3.117 ()
      Antwort auf Beitrag Nr.: 41.625.860 von BUMMI59 am 09.06.11 12:32:07Haha...danke dir:).

      Nun, es ist im Falle von BUMI und der indonesischen Börse sicher etwas spezieller. Das es mit der westlichen Wirtschaft schlechter steht, steht außer Frage. Aber auch da dürfte das "too big to fail" irgendwo zum tragen kommen, oder? Asien kann es sich beispielsweise auch nicht leisten, dass die USA oder Europa wirtschaftlich den Bach runtergehen. Wer kauft dann noch die Produkte Asiens oder investiert dort? Man braucht sich halt, wie symbionitische Parasiten.

      Indonesien ist eher dadurch gefährdet, dass die Ausländer den Markt stark beeinflussen. Das kann ein zweischneidiges Schwert sein. Nomura und Goldman Sachs haben gerade überschwenglich Indonesien gelobt...Moodys und Co haben auch eine rosige Aussicht.
      Während der Finanzkrise war Indonesien eines der wenigen Länder, wo die Wirtschaft sogar noch stieg und nicht fiel...durch die spezielle Struktur der Wirtschaft, bei der selbst bei einem kompletten Exportstop allein durch den Verbrauch daheim 3-4% Wachstum p.a. erreicht werden.
      Ich hoffe mal, dass die indonesische Börse wirklich mehr nach der lokalen Wirtschaft beurteilt wird und nicht danach, ob jetzt wieder mehr oder weniger Häuser in den USA verkauft werden...denn sorry, aber das hat wirklich nichts mit indonesischen Realwirtschaft zu tun:).
      Avatar
      schrieb am 17.06.11 07:14:56
      Beitrag Nr. 3.118 ()
      Gehts grad noch weiter runter, weiß jemand mehr? Rein oder raus? :rolleyes:
      Avatar
      schrieb am 17.06.11 12:42:02
      Beitrag Nr. 3.119 ()
      So wie die Sache aussieht, kann es nächste Woche durchaus auf Rp 2800 - 2900 runter gehen, zumal ja heute die Rp 3000 bereits angekratzt wurden...



      Gruß
      Avatar
      schrieb am 22.06.11 13:59:07
      Beitrag Nr. 3.120 ()
      Avatar
      schrieb am 23.08.11 04:10:53
      Beitrag Nr. 3.121 ()
      PT Bumi Resources (BUMI) plans to buy back as much as 780 million shares, or
      amounting to 3.75% of total capital stock or Rp3, 9 trillion. The buyback plan
      will require approval of shareholders by holding an EGM on 26
      September.
      Comments: EARTH Action buyback by the positive sentiment, at least for the short term.
      Target Earth is a fundamental consensus Rp3, 800/sh.
      Avatar
      schrieb am 13.09.11 20:34:44
      Beitrag Nr. 3.122 ()
      Coal-Using Businesses Move Into Mining

      During the 1980s and 1990s, rich Indonesian families aspired to own their own bank, as much for the prestige as for business reasons. Nowadays, the status symbol of choice among family-controlled companies and corporations is ­coal.

      State-controlled cement maker Semen Gresik is among the latest of a spate of companies that are expanding outside their core business by investing in coal mining. Gresik recently announced that it had set aside Rp 1 trillion ($116 million) to acquire a majority stake in a local coal mining company.

      Other companies keen to get into the coal mining sector include state utility company Perusahaan Listrik Negara (PLN); heavy equipment distributors United Tractors, Trackindo and Intraco Penta; and Medco Energi Internasional, the biggest Indonesian-listed oil and gas company.

      Even Myoh Technology, a publicly traded information technology company with a long list of clients in the mining industry, planned to switch its main business to coal mining.

      Owning a coal company “is becoming a trend, especially for companies that require a lot of energy,” said Dwi Soetjipto, Semen Gresik’s president director.

      “Companies like PLN and Semen Gresik are heading in that direction in order to secure a reliable supply.”

      Gresik, which derives all of its revenue from cement, is seeking a miner with coal reserves of up to 10 years and a capacity to produce medium-rank coal. Medium rank coal has a caloric value of at least 5,000 kilocalories per kilogram, and is used primarily for fueling power plants.

      “We know that it will be more difficult [to secure coal] in the future,” Dwi said. By owning its own coal operation, Dwi hopes the East Java-based company can insulate itself from fluctuation in global coal prices.

      Indeed, securing energy sources is a matter of longevity for Indonesian companies. According to the Energy Ministry, existing proven reserves of crude oil will last 23 years, and 55 years for natural gas.

      With current known coal deposits at 21 billion tons, coal is expected to be exhausted at a slower rate, within 83 years.

      Gresik is planning to train local engineers to support its coal mining unit, which it hopes will secure 10 percent of the company’s coal needs for next year, estimated at 4 million tons. In the next five years, it hopes the subsidiary will provide 25 percent of Gresik’s total coal requirements.

      Dwi said that as energy prices increase, companies like Gresik will find it difficult to pass on the increasing cost of production to consumers, due to stiff competition in the industry.

      As of August, Indonesia’s coal reference price was $117 per metric ton, up 4.5 percent from January, according to the Energy Ministry.

      “With the current situation in the coal market, and coal trading at a good price, it’s only natural that companies want to grab the opportunity [to enter the coal business],” said Frederick Daniel Tanggela, an analyst who covers the coal sector at state-controlled brokerage Bahana Securities.

      The coal industry is fragmented, with a few large producers but many small players as well, digging coal mainly in Sumatra and Kalimantan.

      This is one reason why for PLN, the biggest consumer of coal in Indonesia, securing its own reserves seems like a natural fit.

      The company currently has contracts with 53 different suppliers to provide 55.8 million tons of low to medium-calorie coal, and has been unable to lock down prices.

      In January, PLN had to ask the government help to mediate with coal miners over prices. Coal provided 35 percent of its power plant fuel in 2010.

      “Theoretically, owning our own coal unit is cheaper than buying coal from the market. It secures our supply and insulates the company from the risk of coal price volatility,” Dahlan Iskan, president director at PLN told the Jakarta Globe on Tuesday.

      Still, some analysts think that companies are getting into the coal business only in order to secure their own deposits, but without planning to mine a single site.

      “I think they will keep the commodity [in the ground] upon securing their supply,” said Reza Priyambada, an analyst at Indo Surya Asset Management.

      He said that these companies’ units are not likely to grow quickly and would not become a big exporters of coal.
      Avatar
      schrieb am 01.10.11 05:48:01
      Beitrag Nr. 3.123 ()
      Indonesia’s Coal Sector Eyes 2012 Boom

      Coal production is set to surge next year as coal miners bolster their businesses and several new mines commence production, the nation’s miners say.

      Indonesia’s production of thermal and coking coal is forecast to hit 380 million tons in 2012, up 5.5 percent on this year’s estimate, Supriatna Suhala, the executive director of the Indonesian Coal Mining Association (APBI), said on Monday.

      The Energy Ministry’s forecast for coal production next year is 332 million tons, but that estimate does not include the output of smaller mining companies.

      China’s demand for coal is expected to double in the next five years to 6 billion tons, according to the APBI. Meanwhile, coal is used in Indonesia’s power plants to make up for insufficient supplies of natural gas, which is locally produced in large amounts but most of which is exported.

      Indonesia exports the majority of its coal to China, India and Japan.

      Meanwhile, domestic consumption is regulated under domestic market obligations. The Energy Ministry said that next year 63 coal producers were obliged to supply as much as 82 million tons for domestic consumption, a 4 percent increase from this year’s requirement.

      The coal is allocated to state-owned electricity company Perusahaan Listrik Negara, which uses as much as 57 million tons — 70 percent of the total demand.

      The remaining coal will be allocated to cement factories, gold and copper producers Newmont Nusa Tenggara, Freeport Indonesia and Antam and nickel producer Inco.

      Supriatna said global energy demand was prompting many coal miners to ramp up production and pushing non-energy companies to expand into coal mining. He said more countries, such as Kenya, Bangladesh and Pakistan, were seeking to import coal from Indonesia.

      “Industries see it as an interesting time to invest in the coal mining sector,” Supriatna said.

      The APBI forecast that coal prices would be steady next year. The Energy Ministry said that as of August, Indonesia’s coal reference price was $117 per ton, up 4.5 percent from January.

      About 62 percent of Indonesia’s coal production is categorized as middle-calorie, which is used to fuel power plants at home and abroad. More than 13 percent is high-calorie coal, almost all of which is exported to Japan because of its stringent requirements for carbon emissions. It is used there for power generation and steelmaking.

      In 2010, Indonesian production declined because of wetter-than-normal conditions.

      The government plans to ban shipments of raw coal material by 2014, instead requiring the sector to add value to the product before it can be exported.

      The largest player in the Indonesian coal industry is industrial giant Bumi Resources, followed by Adaro and Kideco Jaya Agung, a unit of Indika.

      The sector’s activities are focused on the resource-rich island of Kalimantan.
      http://www.thejakartaglobe.com/business/indonesias-coal-sect…" target="_blank" rel="nofollow ugc noopener">
      http://www.thejakartaglobe.com/business/indonesias-coal-sect…
      Avatar
      schrieb am 01.10.11 05:49:31
      Beitrag Nr. 3.124 ()
      Coal Sentiment Stoked by 2 New Reports

      Indonesia’s coal-mining sector is expected to perform well through 2014, global ratings agency Standard & Poor’s said on Monday.

      Abundant reserves, cheaper production costs and proximity to major energy buyers outweighed possible risks from a planned change in the country’s regulatory framework, it said.

      In a statement, the agency said Indonesia would likely continue to be a competitive supplier of thermal coal, while demand for the fuel in the Asia-Pacific was expected to remain steady “notwithstanding the possible softening of [Gross Domestic Product] growth in the region.”

      “We expect the Indonesian coal sector to maintain its competitive position in both the domestic and export markets over the next two to three years,” said Xavier Jean, a credit analyst with the agency.

      “Rich coal deposits, cheaper open-cut mining techniques, low [albeit increasing] personnel costs and moderate royalties underpin the sector’s competitive advantage. Indonesia’s proximity to major import markets in Asia is also a sustainable advantage, in our view.”

      Increasing coal prices since 2007 have helped Indonesian producers reduce their debt load and accumulate significant cash balances, S&P said.

      It went on to say that healthy performances would give producers better financial strength to weather recent price volatility.

      The Newcastle index, a benchmark for coal in Asia, was cited at $123.42 per metric ton as of Friday. The index has fluctuated due to uncertainties about the global economic recovery. At the end of last December, the index was at $126.74 per metric ton.

      In January, it increased sharply to $141.94 per metric ton before steadily declining in the following months.

      In the report — in which S&P also made credit assessments of eight Indonesian coal producers that account for 70 percent of the country’s total output — Jean said: “An evolving regulatory framework and mineral and mine concentration risks still stand in the way of the sector achieving investment-grade credit characteristics.”

      He referred to an upcoming government plan to prohibit producers from exporting unprocessed mineral resources, including coal.

      The government has said its goal is to push companies to add more value to exports.

      Local brokerage house Trimegah Securities shared S&P’s view about the Indonesian coal sector’s outlook.

      “Having abundant reserves worldwide and being one of the cheapest sources to generate electricity, coal has become the main energy source for the world’s fastest-growing economies such as China and India,” Omar S. Anwar, the president director of Trimegah Securities, wrote in the company’s report on the nation’s coal sector.

      “Commodities run through cycles, and we believe coal’s growth cycle is still far from its peak.

      “Through its competitive advantages among other producing countries, Indonesia will be in the best seat to monetize the surging global coal demand in the following years.”

      Indonesia, the world’s largest thermal coal exporter, ships 75 percent of its coal production overseas despite growing demand in the domestic market.

      That demand is supported by the government’s push to convert fuel use at power plants from oil to coal.

      According to Trimegah, domestic coal demand grew to 65 million tons in 2010 from 41 million tons in 2005, with coal-fired power plants making up 65 percent of domestic consumption.

      Trimegah’s report issued buy recommendations for a number of Indonesian coal firms.

      They included Adaro Energy, the nation’s second-largest producer, at a price target of Rp 3,000 per share; Indika Energy, the third-largest coal producer, at Rp 5,000 per share; and Tambang Batubara Bukit Asam at Rp 26,200 per share.

      http://www.thejakartaglobe.com/business/coal-sentiment-stoke…
      Avatar
      schrieb am 01.10.11 08:26:21
      Beitrag Nr. 3.125 ()
      Ich glaube ,wir werden noch mal in den Bereich von 0,12-0,10 Euro kommen.Kohle scheint zur Zeit einfach nicht richtig zu laufen,was jeder am US Kohlindex sehen kann.Mal schauen wie es mit Adaro u. Bumi weiter laufen wird?. Grüße Lars;)
      1 Antwort?Die Baumansicht ist in diesem Thread nicht möglich.
      Avatar
      schrieb am 04.10.11 10:32:01
      Beitrag Nr. 3.126 ()
      Antwort auf Beitrag Nr.: 42.158.306 von larsuwe am 01.10.11 08:26:21Wenn's so weiterläuft wie aktuell, dann sehen wir vielleicht sogar bald wieder Preise wie im Frühjahr 2008:(...wieder mal ein völlig übertriebener Abverkauf...2008 war's schon übertrieben, dennoch stellte sich heraus, dass damals fast kein Realeinfluss da war...diesmal scheint wieder kein Schwein was daraus gelernt zu haben...
      Naja, warten wir's ab...einige Kohleunternehmen sind jetzt sehr günstig geworden und es gibt bereits die ersten Übernahmegerüchte. Adaro hat noch einiges an Geld, bei BUMI sieht es da glaube ich etwas schlechter aus, aber die haben ja bereits diverse Unternehmen eingebaut;)
      Avatar
      schrieb am 04.10.11 14:40:59
      Beitrag Nr. 3.127 ()
      2 Antworten?Die Baumansicht ist in diesem Thread nicht möglich.
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      schrieb am 05.10.11 02:30:44
      Beitrag Nr. 3.128 ()
      Antwort auf Beitrag Nr.: 42.167.140 von Bakrieboy am 04.10.11 14:40:59So schaut's aus.

      Eine echte Perle.
      1 Antwort?Die Baumansicht ist in diesem Thread nicht möglich.
      Avatar
      schrieb am 05.10.11 13:35:37
      Beitrag Nr. 3.129 ()
      Antwort auf Beitrag Nr.: 42.170.678 von Vivian664 am 05.10.11 02:30:44Eigentlich schon, wenn sie es nur mal ernst meinen würden mit der Schuldentilgung;)...aber BUMI hat nicht umsonst einen Ruf als Casinoaktie vor Ort:laugh:...naja, heute gab es ja zumindest eine Gegenbewegung nach den -10% gestern;). Schaun mer mal...
      Avatar
      schrieb am 06.10.11 14:18:47
      Beitrag Nr. 3.130 ()
      Bakrie Aims to Repay or Restructure Debt

      Jakarta. Bakrie & Brothers, the holding company of Indonesia’s politically wired Bakrie Group, said it was considering repaying or restructuring a $597 million loan from Credit Suisse in the “near future” as the lenders called in the loan.

      The group, controlled by the family of Indonesia’s Golkar Party Chairman Aburizal Bakrie, took a $1.35 billion loan from Credit Suisse in March, using a stake in its London-listed Bumi Plc, formerly known as Vallar, as collateral.

      Bakrie & Brothers, as a part of the Bakrie conglomerate, took a $601 million loan, while unlisted Long Haul Holding, which is also controlled by the Bakrie family, took the rest of the Credit Suisse loan.

      Bankers with knowledge of the matter said Bakrie Group will not let go its control over Bumi Plc, its crown jewel, despite the loan issue. The bankers declined to be identified because they are not authorized to talk to the media.

      The group would be restructuring a loan for the first time since the 2008 crisis when it struggled to repay $1.3 billion of debt. It had to turn for help to US private equity firm TPG-affiliated Northstar Pacific, Ancora Capital and Brentwood Ventures.

      “The company is currently studying the best option to realize it and in talks with related parties,” Bakrie & Brothers said in a statement.

      Bumi Plc’s shares, which closed at 710.5 pence on Wednesday, have plunged 38 percent from their June 28 debut in London.

      Bakrie Group and the Rothschild banking dynasty joined forces in November last year for Vallar to get a 25 percent stake in Bumi and a 75 percent stake in Berau Coal Energy .

      Bakrie Group owns 54.6 percent in the combined Bumi Plc.

      In a note on Monday, Macquarie Capital Securities Indonesia said, “Given recent market and Bumi underperformance, it appears that the company has breached its debt covenants” as it undertook a margin loan based on Bumi Plc and Bumi Resources’ share price.

      The lenders may be entitled to enforce the security interest over all Bakrie Group shares in Bumi and take control of the London-listed firm if Bakrie Group defaulted on its obligation to the loan, according to the Bumi Plc’s listing prospectus.

      Eddy Soeparno, Bakrie & Brothers’s chief financial officer, said the firm is in talks with investors to settle the matter, but did not give details.

      If the group emerges unscathed again, it would be the third time they survived a liquidity problem. Bakrie & Brothers had restructured its debts after the 1998 financial crisis.
      Avatar
      schrieb am 11.10.11 13:29:07
      Beitrag Nr. 3.131 ()
      Bakrie & Brothers Races to Quiet Fears of a Default

      Bakrie & Brothers, the holding company of the Bakrie Group, has denied speculation that the company is unable to pay its debts and is on the verge of default.

      Eddy Soeparno, Bakrie & Brothers’ finance director, said on Monday that the company was not on the verge of or in default and was considering repaying or restructuring its $597 million loan facility arranged by Credit Suisse “in due course.”

      “BNBR is not in default and we are evaluating options to settle our debt,” he said.

      Eddy refused to comment on whether Bakrie & Brothers was going to sell its ownership in Bumi Plc to Glencore International, the world’s largest publicly traded commodities supplier, as a way to help settle its debt, which is due in March 2012.

      Citing an unnamed source close to the matter, Bisnis Indonesia reported on Monday that Glencore was considering purchasing a minority stake in Bumi Plc through the purchase of $2.01 billion in convertible bonds to be issued by Bumi Plc.

      That would serve as the payment for the purchase of a 75.1 percent stake in Bumi Resources Minerals, a subsidiary of coal miner Bumi Resources, the newspaper said.

      Dileep Srivastava, Bumi Resources’ investor relations director, said all of the reports were just speculation.

      “Bumi Plc is a holding company that owns three of the world’s best thermal coal assets in Indonesia. All are presently outperforming operationally. Therefore, what the family does with their holdings is a non-issue,” he said in a statement.

      He said the key issue was the declining economies in the Europe and the United States and had nothing to do with the Bakries or Bumi Resources.

      “Because of these assets, international investors in Bumi Plc should be able to weather the market storm better than the others,” Dileep said.

      Investor reaction to the reports was relatively muted. Bakrie & Brothers fell 1.9 percent to Rp 51 while Bumi Resources lost 0.5 percent to Rp 1,920 on the Indonesia Stock Exchange on Monday. In London trading, Bumi Plc gained 2.4 percent to 720 pence.

      The Bakrie family has been using its assets as collateral for loans, and it has formed alliances in order to help repay some of its debts.

      Bakrie & Brothers put its 47 percent ownership in London-based Bumi Plc, previously known as Vallar, as collateral for $1.34 billion in syndicated loans arranged by Credit Suisse on March 2. The $597 million loan in dispute is the first tranche of the $1.34 billion.

      Since Bakrie & Brothers signed the loan agreement with Credit Suisse, its shares have fallen 23 percent.

      Bakrie Group and the Rothschild banking dynasty made alliances in November 2010 for Vallar to receive a 25 percent ownership in Bumi Resources and a 75 percent stake in Berau Coal Energy, another coal miner. In exchange, Bakrie Group owns 54.6 percent in the combined Bumi Plc.

      The Financial Times cited unidentified sources close to the matter on Oct. 6 as saying that repayment on the loan, due in March 2012, had been brought forward because the value of Bumi Plc was no longer enough to cover it.

      Amid the speculation surrounding the companies and a possible default, two brokerages maintained their buy recommendation on Bakrie & Brothers and Bumi Resources.

      “It was not known whether the aim of the sale of Bumi Plc was to repay the debt,” Samuel Sekuritas Indonesia, a local brokerage, said in its daily stock market notes on Monday.

      It gave a “speculative buy” recommendation on Bakrie & Brothers after reviewing a statement from the company to the Indonesia Stock Exchange that it was not going into default for its loans.

      Kim Eng Securities maintained a buy recommendation on Bumi Resources with a target price of Rp 3,100, reflecting an 11.8 price-to-earning ratio for 2011.

      http://www.thejakartaglobe.com/business/bakrie-brothers-race…" target="_blank" rel="nofollow ugc noopener">
      http://www.thejakartaglobe.com/business/bakrie-brothers-race…

      Es kommen in anderen Medien und Blogs auch immer mehr Gerüchte auf, wieviel Assets Bakrie eigentlich noch an seinen Firmen hält. Bakrie Telekom ist seit dem gescheiterten Merger mit Telkomsel immer mehr ins Minus gerutscht und es droht das Aus, die anderen Firmenbereiche machen auch nicht gerade mit positiven News von sich reden und gehören zu den miesesten Performen dieses Jahr...
      Avatar
      schrieb am 20.10.11 04:15:33
      Beitrag Nr. 3.132 ()
      Corporate Brief: Berau, Bumi Resources Deny Any Push Toward Merger

      Officials at Berau Coal Energy and Bumi Resources have denied a report from the Daily Telegraph newspaper that said its London-based parent company Bumi Plc was eyeing a 4 billion pound ($6.3 billion) merger between the two Indonesian coal miners.

      The news came after London-based Bumi Plc scrapped a $2.07 billion plan to acquire Bumi Resources’ non-coal unit, Bumi Resources Minerals. Bumi Plc owns a 29 percent stake in Bumi Resources and an 85 percent stake in Berau.

      “Berau denies that there is any possible merger with Bumi Resources pending or under consideration,” Thomas Shreve, a director at Berau Coal, said via e-mail. 

      http://www.thejakartaglobe.com/business/corporate-brief-bera…
      3 Antworten?Die Baumansicht ist in diesem Thread nicht möglich.
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      schrieb am 20.10.11 17:35:48
      Beitrag Nr. 3.133 ()
      Antwort auf Beitrag Nr.: 42.234.820 von Bakrieboy am 20.10.11 04:15:33PT Bumi Resources Tbk strong buy
      http://www.finanzen.net/analyse/PT_Bumi_Resources_Tbk_strong…
      jetzt kann man noch günstig einsteigen,
      die Leitindizes steigen an, laut Focus Money.:look:
      2 Antworten?Die Baumansicht ist in diesem Thread nicht möglich.
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      schrieb am 21.10.11 22:50:56
      Beitrag Nr. 3.134 ()
      Antwort auf Beitrag Nr.: 42.238.205 von zephyr11 am 20.10.11 17:35:48Ich denke, du wirst auch noch in den nächsten 3-6 Monaten gute Einstiegsgelegenheiten erhalten. Leider wird bei BUMI viel gemauschelt, die Aktien werden auch gerne mal manipuliert, um damit Kredite abzubezahlen(siehe mit Sinar Mas 2010, als der Kurs innerhalb weniger Tage um 50% fiel(in der Zeit kaufte Sinar Mas jede Menge BUMI-Aktien, die man als Sicherheit für einen 0,5 Mrd. Kredit erhalten hatte), dann gab es plötzlich einen 40% Anstieg. Als Resultat hatte Sinar Mas so viel Gewinn gemacht, dass der Kredit damit schon so gut wie gedeckt war...

      Die Firmen stehen zwar gut da, aber der ganze Sektor gehört dieses Jahr(und nächstes wohl noch mehr, wenn sich die Rezessionsgefahr nicht verringert) zu den Underperformern. Wenn du kannst, setze lieber auf Konsumtitel, die laufen dieses Jahr extrem gut und nächstes Jahr wohl auch noch, einige gibt es auch noch recht günstig.
      Avatar
      schrieb am 21.10.11 22:51:27
      Beitrag Nr. 3.135 ()
      Antwort auf Beitrag Nr.: 42.238.205 von zephyr11 am 20.10.11 17:35:48Bumi’s Coal Output Soars on Rising Demand

      Bumi Resources, Indonesia's largest listed coal miner by volume, has said production of thermal coal reached 17 million tons in the third quarter, beating its output in each of the first two quarters.

      Bumi sold 16.5 million tons of coal at an average price of $92 to $93 a ton in the third quarter, Dileep Srivastava, a director and corporate secretary at Bumi Resources, said on Friday.

      Based on calculations using these latest figures, the Jakarta Globe estimates that the company could post as much as $1.53 billion in sales for the third quarter. Srivastava did not confirm the Globe’s estimate.

      Srivastava said the Jakarta-based company produced 15.2 million tons in the second quarter and 14.7 million tons in the first.

      Bumi expects its net income to exceed market expectations in the third quarter and for the full year, he said.

      “We will make a statement by the end of November, but we are happy to say that we have outperformed in terms of sales volume as well as production in the third quarter,” Srivastava told the Globe.

      The company, he added, is confident that it can beat the net income estimates of a number of analysts surveyed by Bloomberg. He said the estimate was about $470 million to $480 million for the full year. Bumi’s net income in the first half reached about $275 million.

      Srivastava said there were no signs of slowing demand for coal in Asia and that Japan was buying more of the fuel following the shutdown of the Fukushima Daiichi nuclear power plant after the March earthquake and tsunami.

      He expects Bumi to produce 66 million tons of coal this year and sell 64 million tons, up from 60 million tons last year. He also said that the company expected to extract about 75 million tons next year.

      By 2014, if all goes to plan, production should reach more than 100 million tons, he said.

      Bumi has coal reserves estimated at 2.9 billion metric tons.

      http://www.thejakartaglobe.com/business/bumis-coal-output-so…
      Avatar
      schrieb am 02.11.11 23:11:58
      Beitrag Nr. 3.136 ()
      Bakrie Debts Eased by $1b In Borneo Lumbung Cash

      The Bakrie Group, affiliated with businessman and top Golkar Party politician Aburizal Bakrie, announced on Tuesday that it had agreed to sell a 23.8 percent stake in London-listed Bumi Plc to Borneo Lumbung Energi & Metal for $1 billion to help settle the group’s debts.

      Borneo Lumbung is a coking coal miner led and controlled by businessman Samin Tan, who also owns investment firm Renaissance Capital.

      According to a deal signed in Jakarta late on Monday, two Bakrie Group affiliates — Bakrie & Brothers (BNBR) and Long Haul Holding — that hold a combined 47.6 percent stake in Bumi Plc, previously known as Vallar, have agreed to sell half of their shares to Borneo Lumbung.

      Proceeds from the sale will be used to help refinance the group’s mounting debt, which is owed to a number of overseas lenders led by Credit Suisse.

      “This transaction will help us settle our $1.34 billion debt to Credit Suisse and its consortium,” said Bobby Umar Gafur, president director of Bakrie & Brothers. The firm has investments in infrastructure, metals, agribusiness, telecommunications, coal, property, oil and gas.

      The company expects to settle the debt by mid-December. Bakrie Group had put its 47 percent ownership of Bumi Plc as collateral for the syndicated loans.

      Bakrie sold the stake at 10.91 pounds each, which represented a 48 percent premium to Bumi’s Plc’s closing price (7.35 pounds) on Monday in the London bourse. Shares of Bumi Plc were trading at 7.39 pounds at the midday break on the London Stock Exchange on Tuesday.

      As a result of the deal, BNBR will see its outstanding debt fall to Rp 5.5 trillion ($622 million) by the end of 2011 from Rp 10.2 trillion in June 2011, said Eddy Soeparno, Bakrie’s chief financial officer.

      Samin said he expected the new stake would help diversify Borneo Lumbung’s portfolio.

      “We only produce coking coal. We realize that we need to diversify our portfolio and Bumi [Plc]’s asset portfolio is very attractive,” he said.

      The Bakrie family has been rumored to have close connections with Renaissance through its Renaissance Capital Asia (Recapital), although it has gone on record to deny the existence of a connection.

      Samin said Borneo Lumbung would pay in cash by taking a five-year loan from Standard Chartered Bank but gave no details on the terms. The firm will seek approval at its shareholders’ meeting scheduled for Dec. 15.

      Bobby Gafur, chief executive of the Bakrie Group, described the deal as the best available offer, but analysts had mixed views.

      “It was very expensive, at a 46 percent premium price,” said Edwin Sebayang, head of research at MNC Securities. He said the price was high given Bumi Plc’s net debt, put by the company at $393 million in June, and a volatile share price that had seen it loose 34 percent so far this year.

      Edwin also said financing through bank loans was risky as dividend payments from Bumi Plc may not cover the interest payments, especially in light of possible weaker coal selling prices because of the global economic slowdown.

      But a London-based analyst said the deal was a positive equity catalyst for Bumi Plc as it removed fears that the Bakries may have to place shares to raise funds.

      The transaction will not split Bumi’s register since Bakrie and Borneo will own 47.8 percent via their “jointly and equally owned investment vehicles.” Dominic O’Kane, an analyst with Liberum Capital’s mining team, said the arrangement meant that “Bumi will still have a single blocking shareholder, but it does reduce the influence of a single family group.”

      Bumi Plc shares dropped 0.2 percent to 7.38 pounds in late morning trade, Bakrie & Brothers was flat in Jakarta at Rp 52 and Borneo Lumbung slumped 15.5 percent to close at Rp 870.
      Avatar
      schrieb am 08.11.11 10:07:53
      Beitrag Nr. 3.137 ()
      Die Übernahmen im Kohlesektor wollen nicht abreissen.
      http://www.marketwatch.com/story/moodys-lifts-peabody-outloo…

      Auch bei Bumi dürfte es spannend bleiben. Der Kurs hat noch Luft....
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      schrieb am 10.11.11 16:03:40
      Beitrag Nr. 3.138 ()
      Antwort auf Beitrag Nr.: 42.316.902 von Public_Relations am 08.11.11 10:07:53In Indonesien hörst du aber gerade mehr von neuen Playern, die ihre IPO's starten, bzw. Konglomerate, die jetzt mehr in Kohle gehen wollen, wie die Bhakti-Gruppe. Zu Adaro gab es in letzter Zeit einige Kaufgerüchte(die suchen), bei BUMI gibt es fast nur Negatives in letzter Zeit. Jetzt haben die Rothschilds wohl vor, mehr Kontrolle bei BUMI an sich zu reissen(FT's Artikel: "Rothschild Calls for Clean-Up at PT BUMI", where Mr Rothschild called for 'a radical cleaning up' of Bumi Resources) und es gab sehr dubiose und ambivalente Aussagen in Bezug auf die CIC-Kredite...Einmal hieß es, BUMI zahlt, einmal hieß es "BUMI delays the prepayment until next announcement"...
      2 Antworten?Die Baumansicht ist in diesem Thread nicht möglich.
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      schrieb am 10.11.11 16:11:07
      Beitrag Nr. 3.139 ()
      Gruße dich Bakriboy;)
      1 Antwort?Die Baumansicht ist in diesem Thread nicht möglich.
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      schrieb am 10.11.11 17:23:59
      Beitrag Nr. 3.140 ()
      Antwort auf Beitrag Nr.: 42.332.093 von surga am 10.11.11 16:11:07Grüße dich auch;)...apa kabar:)?
      Avatar
      schrieb am 10.11.11 19:33:39
      Beitrag Nr. 3.141 ()
      baik, terimakasih!:look:
      Wollen wir mal sehen, wie der Markt in Jakarta am Freitag aussieht. Wie immer am Freitag, vermute ich mal eher mau:(
      2 Antworten?Die Baumansicht ist in diesem Thread nicht möglich.
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      schrieb am 10.11.11 21:39:01
      Beitrag Nr. 3.142 ()
      Antwort auf Beitrag Nr.: 42.333.349 von surga am 10.11.11 19:33:39Hm, ich hoffe ehrlich gesagt auf eine kleine Rally...die Zentralbank hat ja heute die Zinsen sehr stark gekürzt(0,5 statt nur 0,25), dass sollte für Propertyfirmen oder Banken doch sehr gut sein;)...die Hoffnung stirbt zuletzt;).
      Avatar
      schrieb am 11.11.11 08:54:12
      Beitrag Nr. 3.143 ()
      Antwort auf Beitrag Nr.: 42.332.029 von Bakrieboy am 10.11.11 16:03:40Hallo Bakrieboy,

      schön, dass du nach wie vor den Thread mit deinen Postings bereicherst.
      Denke von deinen Infos haben schon viele wichtige Entscheidungshilfen ableiten können. :)

      GLG Public
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      schrieb am 11.11.11 09:26:57
      Beitrag Nr. 3.144 ()
      Antwort auf Beitrag Nr.: 42.335.102 von Public_Relations am 11.11.11 08:54:12Hallo PR,

      immer wieder gerne:). Heute läuft der ganze Markt leider ziemlich schwach, trotz guter Vorgaben, hohem Ölpreis, Zinssenkung und US-Futures und Europa im Plus...keine Ahnung was da wieder los ist, vielleicht Gewinnmitnahmen von Käufern gestern...
      Avatar
      schrieb am 11.11.11 09:28:00
      Beitrag Nr. 3.145 ()
      Antwort auf Beitrag Nr.: 42.333.349 von surga am 10.11.11 19:33:39Hattest Recht, sieht wirklich schwach heute aus, hätte ich nicht erwartet, das Umfeld ist eigentlich sehr gut...selbst die Bankaktien fallen, was mich bei so einem Zinsschnitt doch enttäuscht(davor sind sie ja sogar gestiegen, wenn die Zentralbank die Zinsen nur gleich gelassen hatte):(
      Avatar
      schrieb am 11.11.11 11:22:32
      Beitrag Nr. 3.146 ()
      wollen wir mal hoffen, dass es nächste Woche besser geht:)
      1 Antwort?Die Baumansicht ist in diesem Thread nicht möglich.
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      schrieb am 11.11.11 19:47:15
      Beitrag Nr. 3.147 ()
      Antwort auf Beitrag Nr.: 42.336.065 von surga am 11.11.11 11:22:32Das hoffe ich auch...mir fehlen noch gut 4% bei ASRI...ab 465 mache ich Gewinn...was hast du noch:)? Zumindest der Dow Jones läuft heute schon mal gut, dass könnte ein Signal für Montag sein:).
      Avatar
      schrieb am 11.11.11 21:27:20
      Beitrag Nr. 3.148 ()
      ich habe noch ELTY, leider noch dick in rot:mad:
      ASRI, ENRG und BORN sind auf Watch:)
      Avatar
      schrieb am 11.11.11 23:06:30
      Beitrag Nr. 3.149 ()
      Stimmt, ELTY laeuft erstaunlich schlecht...selbst BKSL ist besser. ASRI bricht hoffentlich am Montag nach oben aus, bei ENRG oder BORN weiß ich es nicht genau. PGAS schon wieder losgeworden:)?
      Avatar
      schrieb am 13.11.11 06:17:04
      Beitrag Nr. 3.150 ()
      PGAS habe ich schon längst verkauft.
      Avatar
      schrieb am 13.11.11 22:30:57
      Beitrag Nr. 3.151 ()
      Borneo Mines Lure Rothschild Into the Wild

      It was supposed to be a union of two legendary business dynasties, one West, one East. Nathaniel Philip Rothshild, the 40-year-old scion of the storied European banking family, forged a deal a year ago with the Bakrie brothers, one of Indonesia’s mightiest business families, to create an international coal-mining titan.

      That deal last November seemed incredible from the start; the dream of creating the world’s biggest thermal coal company, with mines in Indonesian Borneo, and aiming to be one of the biggest listed companies on the London exchange. Now a year later the partnership could be on the brink of collapse.

      This week Rothschild called for a “radical cleaning up” of the balance sheet and corporate culture at the Bakrie brothers chronically indebted flagship, Bumi Resources, his partner in the London-listed coal venture, Bumi Plc. In a letter written to Ari Hudaya, Chief Executive of both Bumi Plc and Jakarta-listed Bumi Resources, Rothschild said the partnership’s goal of entering the FTSE-100 in 2012 was still attainable.

      But he was not satisfied with progress so far with his Indonesian partners, who remain “over-leveraged,” which was a major factor in the “corporate governance discount” on the Jakarta’s firm’s stock price.

      The leaked letter was a stunning rebuke to top Bakrie lieutenant Ari Hudaya. Hudaya’s dual role as CEO of both the Bakries’ Bumi Resources and the Bumi Plc joint venture required “closer evaluation and scrutiny,” Rothschild wrote in the letter, published on the Financial Times Web site.

      Rothschild knew he was dealing with one of Southeast Asia’s most powerful and controversial families, and one with chronic debt issues. Over the past two decades, he has flirted with risk and emerging market powerbrokers, ranging from an oil venture in Iraqi Kurdistan to a friendship with Muammar el-Qaddafi’s son Saif al-Islam, who has been trying to flee Libya after the death of his father.

      In the process, Rothschild has shed the party-hard reputation of his university years — the Sunday Times Rich List anointed him Britain’s richest hedge fund manager and he is estimated to be worth around a billion pounds. He has emerged as a serious dealmaker with a contacts book to rival that of his father, Baron Rothschild, and spends the equivalent of around a month each year in his private jet “N4T.”

      On the Indonesian side, Aburizal Bakrie, the oldest of the brothers, headed the group until 2004, when he joined President Susilo Bambang Yudhoyono’s administration. He left after repeatedly clashing with reformers in Yudhoyono’s government and now heads Indonesia’s biggest political party, Golkar.

      He is a likely presidential candidate in the 2014 Indonesian elections. The strain in relations between the future Baron Rothschild and a family that may boast a future president after their hopeful beginning a year ago illustrates some of the difficulties in doing business in Indonesia. Southeast Asia’s largest economy is brimming with opportunities, though it does means navigating through opaque regulations, erratic business relationships, changing policies and deeply entrenched corruption. The World Bank ranks it 129 out of 183 countries in ease of doing business.

      Global Market Sell-Off

      For the Bakries, the allure of the deal with Rothschild was to get that prized listing on the London exchange. As Rothschild noted in his letter, their shares on the Jakarta exchange have underperformed, despite the attractiveness of the coal assets. Rothschilds’ company Vallar became Bumi Plc and was relisted on the London Stock Exchange in June — just ahead of a global market sell-off. The stock dropped steadily from the start as markets fell, until it hit 8.50 pounds. That price triggered a margin call from Bakrie lenders who demanded repayment on loans worth $1.3 billion.

      The Bakries brought in a new investor at the end of October to fix that problem, Indonesian coal miner and investment banker Samin Tan.

      They sold half their original 47 percent stake in Bumi Plc to Tan in a complex deal that featured special purpose share-holding vehicles. The deal did not dilute Rothschild’s 10 percent stake in Bumi Plc, and Rothschild in his letter said he fully supports Tan’s entrance into the partnership.

      What he objected to, Rothschild said, was that Hudaya had refused to call in Bumi Resources’ own loans to others to repay debt. Bumi Plc owns a 29 percent stake in Bumi Resources, which in turn controls the lucrative mines. Chris Fong, a spokesman for the Bakrie family, said Rothschild’s letter had taken them by surprise.

      “Nat Rothschild hasn’t addressed these issues with us,” Fong said, referring to a passage in the letter in which Rothschild said the Bakries also wanted a transformation in the management of Bumi Resources.

      “If he wants to raise any issues, as a shareholder and board member, we would expect him to follow accepted corporate governance procedures and raise concerns at the board level and at the appropriate time.”

      The two sides, according to knowledgeable sources in both camps, had been taking each other by surprise of late.

      Rothschild, thousands of miles away in Europe, had called the Bakries after Reuters first broke news in late October of an impending deal with Tan, but he could get no confirmation of the deal.

      “The family left Rothschild in the dark until the news that Samin Tan was nearing a deal and he called the family about it,” said a source close to the Bakries with direct knowledge of the situation.

      “The group didn’t think he needed to know about this, that he should only know when a deal was done.” Eton-educated Rothschild insisted in an interview last month with Reuters that he had no issue with the Bakries, and that he had “total confidence” in the family.

      The latest turns in the Bakries’ fortunes seems to be following a script written three years ago during the 2008 global financial crisis. They fended off a $1.2 billion margin call then by selling stakes in group firms, many of them with buy-back clauses, to lenders and investors.

      Like then, the Bakries’ latest debt refinancing also ensured the prized Borneo mines would remain in Indonesian hands.

      Legacy of Distrust

      Indonesia has some of the world’s largest deposits of coal, gold, copper, tin and natural gas, spread across the archipelago of 17,000 islands. The legacy of harsh colonialism by the Dutch for over three hundred years has left many Indonesians with a distrust of foreign motives.

      The Borneo coal mines at the heart of the deal with Rothschild once belonged to global energy companies Rio Tinto, BP and BHP Billiton, who sold them to the Bakries in 2001 and 2003, after coming under pressure from resource nationalists to divest their assets to local interests. “Our contacts at the time told us these deals undervalued the companies at pennies on the dollar,” said the US Ambassador to Indonesia, Cameron Hume, in a November 2007 classified diplomatic cable released by Wikileaks. Bakrie group executives, Hume added, have said they hoped to do more of these “value-oriented acquisitions”.

      “In the mining sector, cabinet minister Aburizal Bakrie has been most successful in using nationalism for his private personal gain,” Hume noted in that cable. Aburizal Bakrie’s Golkar party at the time was making resource nationalism an issue in the run-up to the 2009 presidential election, threatening to review energy contracts with foreign oil companies.

      So it caused ripples of surprise and interest when Nirwan Bakrie celebrated his 59th birthday last year by announcing that the coal assets held by Bumi Resources would be injected into Rothschild’s London-listed investment vehicle Vallar. Rothschild put up 100 million pounds of his own money.

      http://www.thejakartaglobe.com/business/borneo-mines-lure-ro…
      Avatar
      schrieb am 14.11.11 13:38:06
      Beitrag Nr. 3.152 ()
      Betrifft eigentlich Borneo Lumbung(BORN), hat in diesem Fall aber auch dank der Akquise mit BUMI zu tun:

      (Quelle "Flash Note CIMB Securities", 3. November 2011)

      Better clarity on acquisition plan

      We see a slightly more positive picture of Borneo’s latest acquisition
      plan after its conference call yesterday cleared a few important points.
      Still, whether or not this investment will create value remains to be seen.

      We maintain our earnings, price target (based on 5x P/E) and TRADING SELL rating for now, as we expect the negative sentiment post the acquisition to linger in the short-term.

      What Happened

      Borneo hosted a conference call on its acquisition of a 23.8% stake in
      Bumi Plc. This is the first time the management has spoken to investors
      and analysts since the news broke on Monday, 31 Oct.

      What We Think

      The conference call cleared a few important points for us and we now
      have a slightly more positive view of the deal. The management: 1)
      confirmed that Borneo will control a majority of the 29.9% voting shares
      in Bumi Plc; 2) claims that the contractual agreement will allow
      Borneo to be involved in the management of Bumi Plc and its
      subsidiaries; and 3) confirmed that the agreement will not contain a
      buyback option clause for the Bakrie Group. In our view, these terms
      better justify the hefty premium that will be paid by Borneo for the stake.
      Despite this, we think value creation from this investment is a long-term
      proposition. In order to deliver value from this investment, we believe
      Borneo will need to gain full control over the financials and operations of
      Bumi and subsidiaries (e.g. replacing key management with its own people). On a more positive note, as confirmed by our analysis of Borneo’s financials in our 2 Nov report, we expect growth outlook for Borneo’s coking coal asset (24% net profit CAGR in 2012-13) to remain intact.

      What You Should Do

      The uncertainty surrounding value creation from this latest investment
      will continue to be a drag on Borneo’s share price in the short-term. Thus, we maintain our Trading Sell call. We will turn more positive when we see Borneo starting to take steps to: 1) replace key management within Bumi Plc and its subsidiaries; and 2) improve the transparency of Bumi Plc and its
      subsidiaries.
      7 Antworten?Die Baumansicht ist in diesem Thread nicht möglich.
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      schrieb am 07.01.12 10:49:10
      Beitrag Nr. 3.153 ()
      Antwort auf Beitrag Nr.: 42.346.750 von Bakrieboy am 14.11.11 13:38:06keiner mehr Lust auf Bumi?
      6 Antworten?Die Baumansicht ist in diesem Thread nicht möglich.
      Avatar
      schrieb am 07.01.12 11:11:10
      Beitrag Nr. 3.154 ()
      Avatar
      schrieb am 15.01.12 21:28:44
      Beitrag Nr. 3.155 ()
      Antwort auf Beitrag Nr.: 42.563.059 von OliverFFM am 07.01.12 10:49:10Ich? Ne, schon lange nicht mehr:D...eigentlich haben sie gute Assets, aber alles wo Bakrie draufsteht(mein Nick ist da eher ironisch zu sehen) hat für mich einen mehr als faden Beigeschmack. So gut wie alle Firmen von denen sind mit Schulden überladen und es werden immer mehr, nicht weniger. Die Holdingfirma macht jetzt schon 6 oder 7 Jahre in Folge immer höhere Verluste und das in einer Zeit, wo alle anderen Firmen boomen!
      BUMI ist noch die Aktie, die insgesamt gesehen vielleicht am wenigsten gelitten hat(obwohl das vom prozentualen Verlust her Bakrie Telekom wäre). Mir gefällt aber der ganze Kohlesektor aktuell nicht so und wenn, würde ich aktuell eher auf Harum Energy oder eventuell noch Adaro setzen, da überzeugt mich das Management deutlich mehr:).
      Avatar
      schrieb am 15.01.12 21:29:17
      Beitrag Nr. 3.156 ()
      Antwort auf Beitrag Nr.: 42.563.059 von OliverFFM am 07.01.12 10:49:10Bumi Resources to Take Care of Debt Ahead of Schedule

      Bumi Resources, Indonesia’s biggest coal miner by production, plans to repay the second and third tranches of its debt to a Chinese sovereign wealth fund two years ahead of schedule.

      Dileep Srivastava, the investment relations director at Bumi, said the Jakarta-based company plans to pay off $600 million in debt, which is the second tranche of payment to China Investment Corporation, in the fourth quarter of this year, two years early.

      It will also pay the final tranche of $700 million in the fourth quarter of 2013, which would also be two years early.

      In 2009, Bumi signed a deal with CIC for $1.9 million in loans, according to Bumi’s Web site. The first $600 million tranche was paid in the fourth quarter of 2011.

      Bumi also plans to settle its $375 million in convertible bonds before they mature in August 2014.

      Dileep said the company aims to “cut interest costs by 50 percent by the end of 2013.”

      He also affirmed the early repayment of loans from two major shareholders of the company, Recapital Asset Management and Bukit Mutiara.

      Operationally, Dileep said Bumi is “on track to reach production of 100 million tons per year in 2014. Infrastructure upgrades to achieve this are expected to be commissioned over 2012 and 2013.”

      Local media reported last week that Bumi aims to increase the traffic at its Tanjung Bara ship and barge coal loading terminal to 7,500 tons per hour this year from 4,500 tons per hour in 2011. The terminal serves its mining unit Kaltim Prima Coal.

      Dileep estimated sales revenue at around $5.8 billion for the 2011 fiscal year versus $4.3 billion in 2010.

      As for 2012, he said the company has a target to reach an annualized coal mining capacity exceeding 80 million tons, and expects an increase in sales volume of around 20 percent, versus around 63 million tons in 2011.

      Bumi shares rose 2 percent on Friday to close at Rp 2,525 on the Indonesia Stock Exchange.

      http://www.thejakartaglobe.com/business/bumi-resources-to-ta…
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      schrieb am 18.01.12 17:58:04
      Beitrag Nr. 3.157 ()
      Antwort auf Beitrag Nr.: 42.597.314 von Bakrieboy am 15.01.12 21:29:17den Bericht habe ich gestern auch gelesen und fand ihn ziemlich interessant und aussichtsreich. Man entschuldet sich offenbar - und das noch 2 Jahre früher als geplant.

      Spricht das nicht gegen Deine These von einem überschuldeten Wert?
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      schrieb am 18.01.12 18:58:38
      Beitrag Nr. 3.158 ()
      Antwort auf Beitrag Nr.: 42.611.537 von OliverFFM am 18.01.12 17:58:04Nun, dass stimmt auf den ersten Blick(und wenn es dabei bleiben würde).
      Allerdings haben die Bakries meist Schulden nur dann abgezahlt um kurz darauf noch höhere Schulden aufzunehmen. Es gibt da noch diverse Forderungen, die Bakrie hat(immerhin insgesamt über 800 Mio) die man einfordern könnte und damit Schulden tilgen, allerdings laufen diese nach wie vor weiter.

      Was für mich klar gegen Bumi spricht ist die miserable corporate governance, es ist alles undurchsichtig und wird auch mit Absicht so gehalten. Die großen Häuser in Jakarta wissen dies auch und nutzen Bumi als Casinoaktie, mit der es sich gut zocken lässt. Achte mal drauf, wenn Bumi mal wieder einen Kredit aufnehmen würde bei der sie Bumiaktien als Sicherheit an diese Firma geben. So war es 2010 mit Sinarmas. Kurz darauf gab es miserable Nachrichten zu Bumi(die aber eigentlich schon etwas älter waren). Ergebnis: Der Kurs fiel 40%. In dieser Zeit verkauften alle, nur Sinar Mas kaufte(en masse). Dann gab es plötzlich jede Menge positive Nachrichten und der Kurs stieg wieder 50%. Ergebnis: Sinar Mas hatte innerhalb von 2 Wochen seinen Kredit zurück(und noch ca. 200 Mio USD durch den Kursanstieg).

      Ist wie gesagt nur meine Meinung, aber ich würde im Kohlebereich lieber Aktien von Firmen mit gutem Management und guter Öffentlichkeitsarbeit kaufen. Mir fielen da Adaro oder Harum Energy ein, PT Bukit Asam oder ITMG(indonesischer Arm von Banpu aus Thailand) sind glaube ich auch ganz gut. Bei Bumi hast du immer das Risiko zum Spielball größere Interessen zu werden.
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      schrieb am 19.01.12 10:05:13
      Beitrag Nr. 3.159 ()
      Antwort auf Beitrag Nr.: 42.611.903 von Bakrieboy am 18.01.12 18:58:38http://en.bisnis.com/articles/bumi-resources-secures-iron-or…

      Bumi gibt Gas.
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      schrieb am 19.01.12 21:12:32
      Beitrag Nr. 3.160 ()
      Antwort auf Beitrag Nr.: 42.614.621 von OliverFFM am 19.01.12 10:05:13Gateway Error;)
      Avatar
      schrieb am 20.01.12 17:24:16
      Beitrag Nr. 3.161 ()
      Avatar
      schrieb am 26.01.12 05:39:18
      Beitrag Nr. 3.162 ()
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      schrieb am 09.02.12 13:10:07
      Beitrag Nr. 3.163 ()
      Jetzt wird's spannend;)...ob man sich da nicht mit den falschen angelegt hat?

      http://www.thejakartaglobe.com/business/bakries-want-rothsch…
      Avatar
      schrieb am 10.02.12 05:29:11
      Beitrag Nr. 3.164 ()
      PT Bumi Resources Tbk (Bumi) got a loan worth U.S. $ 600 million from China Development Bank Corporation with a four-year loan tenor and interest rate Libor + 6.7%. The loan is used to repay short-term loan from Bank of America Merrill Lynch, Barclays and JP Morgan

      (Source Ciptadana)
      Avatar
      schrieb am 14.02.12 18:34:59
      Beitrag Nr. 3.165 ()
      Mehr zum Drama um Rothschild und die Bakries:

      http://www.wisnuwijaya.com/2012/02/rothschild-venture-bumi-h…
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      schrieb am 27.02.12 09:55:07
      Beitrag Nr. 3.166 ()
      Antwort auf Beitrag Nr.: 42.749.784 von Bakrieboy am 14.02.12 18:34:59wie schätzt Du Bumi für die nächsten Monate ein?
      1 Antwort?Die Baumansicht ist in diesem Thread nicht möglich.
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      schrieb am 27.02.12 16:45:08
      Beitrag Nr. 3.167 ()
      Antwort auf Beitrag Nr.: 42.810.649 von OliverFFM am 27.02.12 09:55:07Schwer zu sagen...der hohe Ölpreis sollte ja eigentlich Kohle beflügeln. Allerdings darf man auch nicht die Macht der Ausländer in Indonesien am Aktienmarkt vergessen. Da diese nach wie vor den Großteil der Aktien halten und aktuell stark verkaufen(wegen geplanter Subventionskürzungen beim Benzinpreis ab April wird eine steigende Inflation befürchtet) könnte Bumi mit in einen Abwärtssog geraten. Zuletzt waren Kohlewerte sehr stark, allerdings war Bumi in dieser Gruppe von Gewinnern eher mittelmäßig, was vielleicht an dem Drama um die Rothschilds liegen könnte.
      Avatar
      schrieb am 28.02.12 09:23:27
      Beitrag Nr. 3.168 ()
      vielen dank.
      2 Antworten?Die Baumansicht ist in diesem Thread nicht möglich.
      Avatar
      schrieb am 28.02.12 23:19:06
      Beitrag Nr. 3.169 ()
      Antwort auf Beitrag Nr.: 42.816.301 von OliverFFM am 28.02.12 09:23:27Gern geschehen:)
      Avatar
      schrieb am 29.02.12 15:47:20
      Beitrag Nr. 3.170 ()
      Antwort auf Beitrag Nr.: 42.816.301 von OliverFFM am 28.02.12 09:23:27Wie ist denn deine Einschätzung aktuell?
      Avatar
      schrieb am 15.03.12 22:04:09
      Beitrag Nr. 3.171 ()
      Indonesien beschließt neue Regel für ausländische Unternehmen(speziell Minenbetreiber). Demnach dürfen diese maximal 49% an der Mine besitzen, der Rest muss in lokalen Händen sein. Das könnte zu einer gewissen Flucht oder Abwanderung einiger Unternehmen führen, diese können ihre Anteile dann vermutlich nur an lokale Firmen veräußern(da jedes ausländische Unternehmen ja das gleiche Problem hätte). Ob Bumi eher davon profitiert oder nicht muss man sehen...

      http://www.cnbc.com/id/46702066?__source=yahoo%7Cheadline%7C…

      Dachte ich poste es mal hier, da es auch BUMI in gewisser Weise betreffen wird.
      Avatar
      schrieb am 21.03.12 05:04:49
      Beitrag Nr. 3.172 ()
      So langsam wird es wirklich düster...

      http://www.thejakartaglobe.com/corporatenews/some-resource-t…

      Wenn dieses neue Gesetz nicht widerrufen wird, dürfte nicht nur BUMI Probleme kriegen. Man sieht auch aktuell das in 6 Tagen in denen Ausländer Aktien im Wert von 500 Millionen USD Netto kauften der einzige Sektor in dem es nicht so war der Mining Sector war. Aktien wie BUMI oder HRUM stürzen trotz niedriger PE's und obwohl man vor ein paar Wochen erst neue Rekordpreise für Kohle festgelegt hat...wenn das keine schlechten Zeichen sind...
      Avatar
      schrieb am 12.04.12 16:24:50
      Beitrag Nr. 3.173 ()
      Indonesia's industry min wants mining export tax soon

      Indonesia should quickly impose a tax on mining exports, the country's industry minister said on Thursday, in comments likely to worry miners in the world's top exporter of thermal coal and tin.

      "The mining export tax has to be imposed as soon as possible," Mohamad S. Hidayat told Reuters.

      Government officials have previously said a 25 percent tax on mining exports is being considered for this year, and a 50 percent tax for next year, though miners and industry analysts have speculated that such plans are likely to be toned down.

      http://www.reuters.com/article/2012/04/12/indonesia-mining-i…
      Avatar
      schrieb am 05.05.12 15:39:32
      Beitrag Nr. 3.174 ()
      S&P revises Bumi outlook to negative

      Standard & Poor's Ratings Services (S&P) said today that it had revised its outlook on Indonesia-based thermal coal producer PT Bumi Resources Tbk (BUMI) to negative from stable.
      At the same time, S&P affirmed BB corporate credit rating on BUMI and BB rating on the company's senior secured notes.
      S&P also lowered our ASEAN scale rating on Bumi to axBB+ from axBBB- following the revision on the outlook.
      "The negative outlook reflects our view that Bumi's debt has remained higher than we had earlier anticipated," said Standard & Poor's credit analyst Vishal Kulkarni.
      "The negative outlook also reflects our expectation that Bumi's operating performance will be weaker in 2012 than in 2011, and that the company's cash flow growth will moderate. Both these factors will likely further limit Bumi's ability to deleverage over the next 12 months."
      S&P assessed Bumi's financial risk profile as "aggressive"."We expect the company's financial metrics to likely breach our downgrade triggers over the next 12 months and remain stretched for the rating. We expect the company's ratio of funds from operations (FFO) to total debt at about 10% over the next 12-18 months, barring any debt repayment or refinancing."
      S&P believed the company's plan to prepay its high-cost debt with cash receivables from related parties and asset monetization could be delayed.
      S&P assessed Bumi's liquidity as "adequate", as defined in our criteria. "We expect the company's sources of funds to exceed its uses of funds by 1.7x over the next 12 months. Yet, we view Bumi's scheduled debt maturities of US$480 million in 2013 as sizable and we could review our assessment of the company's liquidity if it fails to arrange the funds for these maturities in the next 12 months. Currently, we do not expect Bumi's free operating cash flows to cover these maturities."
      In our base-case scenario for Bumi, S&P has not considered any debt prepayments or resulting interest cost savings. S&P also has not considered payments of receivables from related parties. Nevertheless, S&P's negative outlook acknowledges potential financial upside from reduced interest expense if Bumi prepays some of its high-cost debt.
      "We also note that the company could potentially use these payments to partially repay its own debt, assuming that related parties repay this year. We could lower the rating on Bumi if the company's ratio of FFO to total debt remains below 12% over the next 12 months," said Mr. Kulkarni.
      S&P believed this could happen if production growth is slower or gross profit per ton of coal sold is lower than the rating agency currently expect.
      "We could also lower the rating if Bumi's business or financial risk profiles weaken due to: (1) negative implications of Bumi PLC's operational or financial policies for Bumi; or (2) adverse regulatory changes. These factors could constrain Bumi's ability to reduce debt."
      S&P could revise the outlook to stable if Bumi's FFO-to-debt ratio is above 15% and the total-debt-to-EBITDA ratio stabilizes below 3.5x.
      "We believe this could materialize if Bumi's coal production and its gross profit per ton of coal sold significantly exceed our base-case expectations for a sustainable period. We could also revise the outlook to stable if Bumi repays some of its higher-cost debt. The outlook revision assumes that Bumi's operations and cash flow are not negatively affected by developments at Bumi PLC or Bakrie & Bro., and adverse new regulation."

      http://www.wisnuwijaya.com/2012/05/s-revises-bumi-outlook-to…
      Avatar
      schrieb am 10.05.12 17:49:54
      Beitrag Nr. 3.175 ()
      könnt ihr euch erklären, warum bumi plc nicht die marketcap der anteiligen beteiligungen erreicht?

      29,18% von Bumi Ressources (4,25 Mrd. USD)
      84,74% von Berau (1,765 Mrd. USD)

      --> 2,735 Mrd. USD Assets

      Marketcap nur 1,415 Mrd. USD
      1 Antwort?Die Baumansicht ist in diesem Thread nicht möglich.
      Avatar
      schrieb am 10.05.12 20:21:43
      Beitrag Nr. 3.176 ()
      Antwort auf Beitrag Nr.: 43.148.401 von Sugar2000 am 10.05.12 17:49:54Vermutlich, weil sich der Kurs nicht immer nach dem RNAV richtet?
      Berau hat katastrophale Zahlen veröffentlich(60% Gewinneinbruch), bei BUMI sah es wohl auch nicht so toll aus. Dazu das Downrating.

      Ich würde persönlich meine Finger aus den Kohleaktien lassen im Moment, durch die Gesetzesänderung ist es einfach zu riskant und offen. Kommt das Gesetz so wie es geplant ist, wird es einige Hersteller SEHR hart treffen und man wird viele Kunden verlieren(gerade Indien hat sich schon sehr erbost gezeigt, da man gerade erst die Importzölle für Kohle fallen ließ, damit indonesische Unternehmen indische leichter mit Kohle beliefern können).
      Falls man dennoch eine Aktie mit Qualität sucht, würde ich eher HRUM oder ADRO bevorzugen, eventuell auch eine staatliche, wie PTBA. Oder man nimmt einen Wert, der im Downstreaming von Kohle tätig ist, wie MBSS(gerade dank Private Placement stark gefallen). Diese kann man aber nur in Indonesien handeln.
      Avatar
      schrieb am 22.05.12 09:15:42
      Beitrag Nr. 3.177 ()
      08:56 22May12 -BUMI PLC <BUMIP.L> - ANNOUNCEMENT OF BOARD CHANGES AT PT BUMI RESOURCES TBK
      08:56 22May12 -BUMI PLC <BUMIP.L> - SAMIN TAN, CHAIRMAN OF BUMI PLC, HAS BEEN APPOINTED PRESIDENT COMMISSIONER OF PT BUMI.
      08:56 22May12 -BUMI PLC <BUMIP.L> - SCOTT MERRILLEES, CFO OF BUMI PLC, HAS BEEN APPOINTED TO THE BOARD OF COMMISSIONERS OF PT BUMI.
      09:02 22May12 -BRIEF-Bumi says chairman Tan appointed President of PT Bumi
      LONDON, May 22 (Reuters) - Bumi PLC <BUMIP.L>: * Announcement of board changes at pt Bumi resources tbk <BUMI.JK> * Samin tan, chairman of Bumi PLC has been appointed president commissioner of
      pt Bumi. * Scott Merrillees, CFO of Bumi PLC has been appointed to the board of
      commissioners of pt Bumi.
      ((London Equities Newsroom; +44 20 7542 7717))
      2 Antworten?Die Baumansicht ist in diesem Thread nicht möglich.
      Avatar
      schrieb am 31.05.12 09:11:37
      Beitrag Nr. 3.178 ()
      Achtung!



      Gruß BUMMI59

      PS:

      Avatar
      schrieb am 31.05.12 09:17:55
      Beitrag Nr. 3.179 ()
      Antwort auf Beitrag Nr.: 43.194.973 von Sugar2000 am 22.05.12 09:15:42Ich würde persönlich meine Finger aus den Kohleaktien lassen im Moment

      Das kannst du laut sagen...!
      1 Antwort?Die Baumansicht ist in diesem Thread nicht möglich.
      Avatar
      schrieb am 31.05.12 09:26:13
      Beitrag Nr. 3.180 ()
      Antwort auf Beitrag Nr.: 43.230.630 von BUMMI59 am 31.05.12 09:17:55sorry, obige Antwort gilt für Beitrag Nr.3176 (43.149.188) / Bakrieboy!
      Avatar
      schrieb am 01.06.12 09:20:18
      Beitrag Nr. 3.181 ()


      Einstiegsmöglichkeit bald?
      Avatar
      schrieb am 04.06.12 10:09:21
      Beitrag Nr. 3.182 ()
      Heute schwarzer Tag für den Mining-Index (ca.-7%); BUMI z.Z. -11,35% !!
      Gruß
      1 Antwort?Die Baumansicht ist in diesem Thread nicht möglich.
      Avatar
      schrieb am 04.06.12 18:42:13
      Beitrag Nr. 3.183 ()
      Antwort auf Beitrag Nr.: 43.245.621 von BUMMI59 am 04.06.12 10:09:21Adaro fiel ebenfalls um 13%. Insgesamt über 60% Verlust in etwas mehr als einem Monat. Mittlerweile werden einige Titel wirklich sehr attraktiv(zumindest auf dem Papier). Allerdings ist es immer noch unklar, wie das jetzt mit dem neuen Gesetz abläuft. Auch die Broker haben Adaro auf Neutral runtergestuft(zu Bumi finde ich da nicht mal mehr was momentan). Ziel für Adaro liegt zumindest bei 1,900 IDR(fast 60% Kurspotential). Ich denke so langsam dürften wir uns wohl auch einem Boden nähern. Adaro ist glaube ich bereits unter den IPO Preis gefallen.

      Indonesian Stocks: Adaro Energy, Astra Agro Lestari, Bakrieland

      Shares of the following companies had unusual moves in Indonesian trading. Stock symbols are in parentheses and prices are as of the close in Jakarta.
      The Jakarta Composite Index (JCI) sank for a fourth day, losing 3.8 percent to 3,654.58, the lowest close since Nov. 28.
      Bakrie Group-related companies: PT Bakrie Telecom (BTEL) , a mobile-phone operator, plunged 13 percent to 245 rupiah, the steepest drop since May 15, 2009. PT Bakrieland Development (ELTY) , a property developer, lost 13 percent to 84 rupiah, a three-year low. The Bakrie family has asked for more time to decide what to do about its $440 million loan from a group of international lenders, part of which has been due for more than a month, the Wall Street Journal reported. Three calls to PT Bakrie & Brothers’ office in Jakarta weren’t answered.
      Coal producers: PT Adaro Energy (ADRO) , Indonesia’s second-largest coal producer, sank 13 percent to 1,200 rupiah. PT Bumi Resources (BUMI) , the biggest, tumbled 13 percent to 1,220 rupiah, the lowest close since April 2009. PT Tambang Batubara Bukit Asam (PTBA) , a state-owned coal mining company, fell 12 percent to 13,250 rupiah. Coal stocks dropped after China’s benchmark power-station coal price at Qinhuangdao port declined the most in five months, and after Indonesia’s Energy Minister Jero Wacik said today that the government plans to control exports of the fuel to ensure local supply.
      Avatar
      schrieb am 05.06.12 10:12:09
      Beitrag Nr. 3.184 ()
      Kohlepreise scheinen anzuziehen:

      Melboune 04.06.2012 (www.emfis.com) Der koreanische Stahlkonzern Posco und der australisch-britische Rohstoffkonzern haben für das dritte Quartal wieder höhere Preise für die Lieferung von Kohle vereinbart.

      Wie mit dem Vorgang vertraute Personen mitteilten, seien die für die nahe Zukunft angeschlossenen Verträge auf einem Niveau von 230 USD pro Tonne Kohle eingetütet worden Dies entspreche den Markterwartungen, nur die Japaner würden noch von Preisen von 220 USD pro Tonne ausgehen. Im laufenden Quartal gebe es noch Lieferungen von 210 USD pro Einheit, aber die Preise würden derzeit wieder anziehen.

      Liegt die Preiserhöhung nur an einem Streik, oder zieht die Nachfrage an?

      Weiter wurde mitgeteilt, das derzeit als Hauptgrund für die Preisentwicklung der Streik in dem australischen Kohlevorhaben von BHP Billiton und Mitsubishi gesehen werde. Dort sei die Produktion in den letzten zwei Monaten erheblich beeinträchtigt gewesen. Die weitere Preisgestaltung bleibe daher abzuwarten...

      Gruß
      1 Antwort?Die Baumansicht ist in diesem Thread nicht möglich.
      Avatar
      schrieb am 05.06.12 10:19:32
      Beitrag Nr. 3.185 ()
      Antwort auf Beitrag Nr.: 43.249.769 von BUMMI59 am 05.06.12 10:12:09Nachtrag:
      australisch-britischer Rohstoffkonzern = AngloAmerican !!
      Avatar
      schrieb am 13.06.12 11:14:16
      Beitrag Nr. 3.186 ()
      Geht der Ausverkauf weiter?

      Avatar
      schrieb am 14.06.12 20:18:18
      Beitrag Nr. 3.187 ()
      Morgen "Schwarzer Freitag" für BUMI & Co. ??
      2 Antworten?Die Baumansicht ist in diesem Thread nicht möglich.
      Avatar
      schrieb am 16.06.12 01:06:32
      Beitrag Nr. 3.188 ()
      Antwort auf Beitrag Nr.: 43.285.252 von BUMMI59 am 14.06.12 20:18:18Bumi ist in einem starken Downtrend. Seit 2010 hat sich ein Head & Shoulder Muster gebildet. Sollte BUMI im Rebound nicht mindestens wieder auf 1800 kommen, wird der Fall wohl noch deutlich tiefer gehen(man spricht von Bereichen um 500 Rupien, evtl. sogar 330):

      Apa anda masih menyimpan saham BUMI? Bahkan dari modal 3000? 8000? Berikut kami coba ulas potensi pergerakan BUMI ke depan karena banyak yang menanyakan tentang saham ini karena dianggap sudah murah. Jika anda perhatikan, BUMI telah membentuk pola Head & Shoulder raksasa yang terbentuk sejak tahun 2010 dengan support di 1800 yang telah ditembus lama. Saat ini BUMI telah mencapai minor target penurunan di 1110. Akankah rebound? Sangat mungkin, tetapi jika rebound terjadi, manfaatkan untuk Sell on Strength! Selama BUMI tidak mampu kembali ke atas 1800, saham ini masih dalam Tren Turun yang kuat. Jika BUMI tidak bisa bertahan di atas 1110, saham ini berpeluang turun kebawah level 500, tepatnya ke 330! MACD mingguan yang menurun menunjukkan saham ini bergerak negatif.
      1 Antwort?Die Baumansicht ist in diesem Thread nicht möglich.
      Avatar
      schrieb am 18.06.12 12:39:29
      Beitrag Nr. 3.189 ()
      Antwort auf Beitrag Nr.: 43.290.049 von Bakrieboy am 16.06.12 01:06:32
      Avatar
      schrieb am 20.06.12 11:42:51
      Beitrag Nr. 3.190 ()
      Zieht BUMI "den Kopf aus der Schlinge" ??

      MÄRKTE ASIEN/Börsen 20.06.2012 - 10:20
      Die Finanzmärkte in Ostasien hoffen auf die Politik und vor allem die US-Notenbank (Fed). Spekulationen über politische Entscheidungen zur Eindämmung der Schuldenkrise in Europa und vor allem konjunkturstimulierende Maßnahmen der US-Notenbank sorgten am Mittwoch für Kursgewinne an den Aktienmärkten. Unterstützung kam von den US-Börsen, die auf den höchsten Stand seit fünf Wochen gestiegen sind.

      Die Börsen der Region legten mit Ausnahme von Schanghai, wo der Index knapp behauptet tendierte, durchweg zu. Am deutlichsten ging es in Tokio nach oben, der Nikkei-Index gewann 1,1 Prozent auf 8.752 Punkte. Er markierte damit erneut ein Einmonatshoch. Massives Kaufinteresse sei gleichwohl nicht zu beobachten gewesen, hieß es im Handel. Die meisten Akteure hätten mit Blick auf den unsicheren Ausgang der Fed-Sitzung vorsichtig und eher konservativ agiert. Hauptmotiv sei gewesen, eine mögliche Rally nicht zu verpassen.

      Das kleine Minus in Schanghai erklärten Marktteilnehmer mit Sorgen über das Wirtschaftswachstum in China und Skepsis bezüglich der tatsächlichen Auswirkungen der jüngsten geldpolitischen Lockerungen. Zudem habe sich angesichts eines verlängerten Wochenendes wegen eines Feiertags am Freitag Zurückhaltung breit gemacht.

      Am Devisenmarkt konnte der Euro sein am Vortag erhöhtes Niveau knapp unter 1,27 Dollar weitgehend behaupten. Im asiatischen Handel war die Gemeinschaftswährung aber auch schon kurz bis auf 1,2720 nach oben geschnellt. Unverändert stark zeigte sich der Yen zum Dollar. Ein Dollar kostete zuletzt 78,84 Yen und damit etwas weniger als am Vorabend in New York. Wenig bewegt zeigte sich der Goldpreis. Die Feinunze ging mit 1,615 Dollar etwas leichter um als am Vorabend in den USA. Die mit den Hoffnungen auf Konjunkturstimuli einhergehenden Inflationssorgen, die normalerweise für eine steigende Goldnachfrage sorgen, belasteten hier nicht.

      Politik und Fed müssen liefern...
      Die Erwartungen sind hoch, jetzt muss geliefert werden", sagte Wee-Khoon Chong, Zinsexperte für Asien bei der Societe Generale. Die US-Notenbank, deren zweitägiger Offenmarktausschuss (FOMC) am Abend seine Beratungen beendet, habe eine Reihe von Optionen. Sie könnte ihre so genannte "Operation Twist" verlängern, bei der sie kurzfristige in längerfristige Anleihen tauscht und damit das Zinsniveau am langen Ende drückt. Sie könnte aber auch eine dritte Runde der expansiven Lockerung einläuten, hieß es.

      Die Märkte legen mit Hoffnungen zu, dass Programme in der Art des Quantitative Easing in den nächsten 24 Stunden kommen werden", meinte Tom Kaan von Louis Capital in Hongkong.

      Andere Teilnehmer zogen ihre Zuversicht aus der jüngsten chinesischen Geldpolitik, die zuletzt deutlich proaktiver gehandelt habe. China gehe gut mit der Situation um, so ein Marktexperte.

      Die europäischen Spitzenpolitiker hätten sich auf dem G-20-Gipfel zwar für eine Integration ihrer Bankensysteme ausgesprochen in der Hoffnung, so zu einer Beruhigung der Schuldenkrise beizutragen. "In den USA sieht es aber besser aus, denn die Fed tut gewöhnlich das, was sie sagt, dass sie tun wird. In Europa ist das nicht so eindeutig, denn dort müssen Beschlüsse von mehreren Ländern abgesegnet werden", ergänzte Chong.

      Ungeachtet der Hoffnungen auf derlei positiver Impulse lasteten weiter die Refinanzierungsprobleme Spaniens auf der Stimmung, wenngleich die 7-Prozent-Marke für zehnjährige Papiere am Vortag wieder unterschritten wurde. Hinzu kommen Sorgen, dass die beantragte Hilfe für die Banken des Landes von bis zu 100 Milliarden Euro nicht ausreichen könnte. Bis Ende des Monats soll eine entsprechende Prüfung Klarheit über den Finanzbedarf bringen.

      Zu den Tagesfavoriten an den Börsen gehörten mit Blick auf die Fed-Entscheidung Finanzaktien. HSBC und National Australia Bank gewannen knapp 3 bzw. gut 2 Prozent. In Tokio legten Daiwa Securities um 4,5 Prozent und Nomura um 4 Prozent zu. Gesucht waren nach einer positiven Analystenstudie von Nomura auch Autowerte wie Mazda und Honda.

      Der zum Yen im Vergleich zum Vortag etwas festere Euro sorgte für Nachfrage nach exportsensitiven Aktien wie Sony, NEC und Fujitsu. Keine negative Rolle für die Exportwerte spielte dagegen das gestiegene Handelsbilanzdefizit Japans. Gesucht waren in ganz Ostasien auch konjunktursensitive Aktien aus dem Rohstoffsektor.

      In Seoul gewannen SK Hynix 4 Prozent nach Berichten, der Chiphersteller werde das US-Unternehmen Link A Media Devices für 248 Millionen US-Dollar übernehmen.
      Avatar
      schrieb am 22.06.12 08:59:15
      Beitrag Nr. 3.191 ()
      z.Z. wieder -5%...Grund?
      HONGKONG/MUMBAI/SHANGHAI/SINGAPUR/TOKIO - 22.06.2012, 07:53 - Die stark angespannte weltwirtschaftliche Lage hat am Freitag die asiatischen Aktienmärkte belastet. So wiesen zahlreiche aktuelle Konjunkturdaten aus den USA, etwa der kräftig gesunkene Philly-Fed-Index oder die Erstanträge auf Arbeitslosenhilfe, auf einen Wirtschaftsrückgang in der weltgrößten Volkswirtschaft hin, hieß es von Börsianern. Zudem habe der Internationale Währungsfonds (IWF) von einer 'kritischen Phase' der Eurokrise gesprochen. Der MSCI Asia Apex 50, der die Aktienkurse der 50 größten Unternehmen Asiens exklusive Japan abbildet, sank um 1,66 Prozent auf 763,96 Punkte. 'Die Dinge werden immer noch schlimmer', sagte ein Aktienstratege. 'Wenn man einen sehr schwachen Privatsektor hat, verlässt man sich auf Eingriffe der Regierung zu Stützungszwecken. Inzwischen sieht man aber eine zunehmende Schwäche in der Fähigkeit von Regierungen, einzuschreiten.'

      Der japanische Leitindex Nikkei 225 sank kurz vor Handelsschluss in Tokio um 0,26 Prozent auf 8.801,45 Punkte. In China sackte der CSI 300 Index, der die Aktien der 300 größten Unternehmen vom chinesischen Festland mit einer Börsennotierung in Shanghai oder Shenzhen enthält, um 1,58 Prozent auf 2.512,19 Punkte ab. Der Hang-Seng-Index in Hong Kong verlor 1,08 Prozent auf 19.056,36 Punkte. Der Kospi-Index büßte in Seoul 2,36 Prozent auf 1.844,61 Punkte ein und der FTSE Straits Times Index gab in Singapur um 0,47 Prozent auf 2.816,97 Punkte nach. Der Sensex in Indien verlor 0,50 Prozent auf 16.947,56 Punkte...
      Avatar
      schrieb am 26.06.12 08:50:17
      Beitrag Nr. 3.192 ()
      hallo,
      wann war bzw ist DivEx-Tag ??
      sind ja reizvolle Kurse zur zeit ;-)
      hab mich mal knapp unter 0,1 auf die lauer gelegt :-)

      danke für antwort!
      2 Antworten?Die Baumansicht ist in diesem Thread nicht möglich.
      Avatar
      schrieb am 26.06.12 08:54:51
      Beitrag Nr. 3.193 ()
      Antwort auf Beitrag Nr.: 43.320.088 von werdauer77 am 26.06.12 08:50:17auf der homepage von bumi kann ich keine kurse mehr sehen, liegt das an meinem pc oder haben die da nen fehler? konnte man früher schön sehen wieviel shares im ask waren . war immer sehr hilfreich ( als es auf 3 cent runter ging )
      Avatar
      schrieb am 26.06.12 09:21:11
      Beitrag Nr. 3.194 ()
      Bid Kurs 1120, 4.229.000 Stücke
      Ask Kurs 1130, 4.729.000 Stücke

      ExDiv war am 20.06.12
      2 Antworten?Die Baumansicht ist in diesem Thread nicht möglich.
      Avatar
      schrieb am 26.06.12 11:29:22
      Beitrag Nr. 3.195 ()
      Antwort auf Beitrag Nr.: 43.320.210 von Sugar2000 am 26.06.12 09:21:11danke...
      muß ich wohl doch über 0,1 bezahlen...
      1 Antwort?Die Baumansicht ist in diesem Thread nicht möglich.
      Avatar
      schrieb am 26.06.12 12:21:28
      Beitrag Nr. 3.196 ()
      Antwort auf Beitrag Nr.: 43.320.864 von werdauer77 am 26.06.12 11:29:22fair wäre derzeit 0,0954 (1.130 IDR / 11.841 EUR/IDR)
      ;)
      Avatar
      schrieb am 04.07.12 23:07:06
      Beitrag Nr. 3.197 ()
      Antwort auf Beitrag Nr.: 43.320.088 von werdauer77 am 26.06.12 08:50:17So gut sind die Kurse aktuell noch lange nicht...viele sehen noch ein Absturzpotential bis auf 500 IDR oder weniger.

      Was für viele nach wie vor der größte Unsicherheitsfaktor im Kohlesektor ist, sind die neuen Gesetze in Indonesien. Man hat bereits einen Riesenärger mit Indien deswegen und es steht auch bald die Regensaison an, da brechen dann traditionell auch noch die Liefermengen zusammen, da es immer Probleme beim Abbau gibt.

      Selbst Adaro, die einen ähnlichen Abschlag hinter sich hat wurde drastisch runtergestuft. Auch wenn das aktuelle PE für die meisten Kohleanbieter gut aussieht, würde ich nach der Berichtsaison jegliche Gewinne mitnehmen und aussteigen. Es gibt aktuell deutlich bessere Werte.

      Zur Webseite von Bumi: Die ist schon seit Jahren nicht mehr aktuell!

      Und faire Preise kriegst du auch nur in Jakarta:).
      Avatar
      schrieb am 05.07.12 13:11:42
      Beitrag Nr. 3.198 ()
      PT Bumi Resources Tbk (Bumi) recorded an increase in income in the quarter 1/2012 of 19% YoY from U.S. $ 849 million to U.S. $ 1007 million. As for the net profit, the company
      posted a loss in quarter 1/2012 of U.S. $ 100 million, from net income before
      of U.S. $ 108 million in the quarter 1/2011.
      Note: The increase in company sales due to higher coal sales volumes and
      average selling price of the company. Coal sales in the quarter 1/2012 rose 14% to
      15.9 million tonnes from 13.9 million tonnes in the previous quarter 1/2011. Price of coal on average
      liability company (ASP) during the quarter 1/2012 rose 5.8% to U.S. $ 92.8/ton. despite the
      increase in corporate earnings, but their net income has declined
      enough. Decline in corporate earnings caused by rising fuel costs
      by 18.9% to U.S. $ 0.98/liter. In addition, the weakening of the rupiah and declining production activities subsidiary, Newmont Nusa southeast also contributed
      significantly to the company's net loss. EARTH is currently trading at 7.18x 2012 consensus PE
      Avatar
      schrieb am 16.08.12 07:16:15
      Beitrag Nr. 3.199 ()
      1 Antwort?Die Baumansicht ist in diesem Thread nicht möglich.
      Avatar
      schrieb am 17.08.12 09:25:19
      Beitrag Nr. 3.200 ()
      sieht nicht gut aus...
      Avatar
      schrieb am 17.08.12 14:49:59
      Beitrag Nr. 3.201 ()
      Antwort auf Beitrag Nr.: 43.498.703 von Bakrieboy am 16.08.12 07:16:15Kursziel ja angeblich Rp 330,- (Strong Sell)...



      Der letzte, untere "Zipfel" weist den Weg...nach Süden!
      Avatar
      schrieb am 20.08.12 19:58:45
      Beitrag Nr. 3.202 ()
      Sieht aktuell für die ganze Gruppe mies aus. Bakrie konzentriert sich mehr auf seine Präsidentschaftskandidatur 2014. Wenn dass(hoffentlich) nichts wird dürfte er ziemliche Probleme haben. Schon jetzt sind all seine Firmen dick im Minus. Da fragt man sich schon, wie die Gruppe das schafft, wo jede andere Firma gutes Geld verdient oder zumindest oben mitspielt.
      1 Antwort?Die Baumansicht ist in diesem Thread nicht möglich.
      Avatar
      schrieb am 28.08.12 09:38:11
      Beitrag Nr. 3.203 ()
      Antwort auf Beitrag Nr.: 43.513.419 von Bakrieboy am 20.08.12 19:58:45jetzt wir's wirklich dunkel...

      heute schon 0,067 Eur. minus 14%
      Avatar
      schrieb am 28.08.12 12:13:02
      Beitrag Nr. 3.204 ()
      Aug 28 (Reuters) - Shares in Indonesia's Bumi Resources, Asia's biggest thermal coal exporter, fell more than 15 percent to a three-year low at one point on Tuesday after the company reported a net loss for the first half of the year.

      Bumi suffered a net loss of $322.1 million in the January-June period, compared with a restated net profit of $231.7 million in the same period last year, because of higher costs, lower coal prices and non-coal trading losses, the company reported on Sunday.

      The company's Indonesian shares, now down 65 percent so far this year, fell 5 percent on Monday, but trade was limited and lacked transparency due to technical problems that halted trading on Indonesia's stock exchange.

      By 0441 GMT on Tuesday, the stock had fallen 12.4 percent to 780 rupiah, the lowest since March 2009. Turnover was the highest on the exchange, with more than 220 million shares traded. The Jakarta Composite Index was only down 0.1 percent.

      Bumi, listed in London under a joint venture with financier Nat Rothschild and Indonesian investor Samin Tan, has also seen its London stock slump 60 percent this year, hit by boardroom disagreements and worries over debts.

      Bumi sold 10 percent more coal, or 32.3 million tonnes, in the first half of the year, but at average prices that were 3.2 percent lower than in 2011. Thermal coal prices have been battered this year, hitting a two-year low in June.

      "Questions now remain on the core profitability for Bumi, given the first half 2012 interest bill of $324 million outweighed $239 million of operating income...with prices likely to trend lower in the second half of 2012 and limited ability to lower the costs," said Riaz Hyder at Macquarie in a report on Bumi on Tuesday.

      The firm's costs of leasing equipment more than doubled in the first half of this year, while maintenance costs rose nearly 15 percent. Overall operating expenses rose 48 percent.

      Mining sector growth in Indonesia, the world's largest exporter of the thermal coal used in power stations, has led to rising costs and wages at a time of softening global commodity demand.

      Bumi Resources also booked a $50.3 million foreign exchange loss that it attributed to a weakening rupiah currency, as well as a derivatives loss of $145.8 million due partly to a fall in the value of equity options after its shares fell.

      "The huge net income drop is actually due to series of accounting policy adjustments which reversed a lot of previous gains into losses," said Dileep Srivastava, a director at Bumi. "As the market turns around, all these 'below the line' losses will once again turn into gains," Srivastava said.

      Investors and rating agencies seem less confident that a rebound is coming soon. Australian thermal coal prices fell toward $91 a tonne last week on sluggish sales as buyers from China, the world's top consumer, remained on the sidelines.

      Moody's lowered Bumi's rating to B1 earlier this month, while Standard & Poor's lowered Bumi to BB- with a negative outlook, citing its debt costs and weak cash flow. :(
      Avatar
      schrieb am 29.08.12 10:09:29
      Beitrag Nr. 3.205 ()
      würde mich interessieren, was Bakrieboy meint. Sind die 330 rp (sind das 0,40 Cent?) wirklich "realistisch". man spricht über den größten indonesischen Kohleproduzent. In indonesien geht doch die Post ab. Nur nicht bei Bumi Res?
      1 Antwort?Die Baumansicht ist in diesem Thread nicht möglich.
      Avatar
      schrieb am 29.08.12 11:17:42
      Beitrag Nr. 3.206 ()
      mein Broker zeigt mir heute wieder -8%
      Avatar
      schrieb am 29.08.12 11:49:14
      Beitrag Nr. 3.207 ()


      Dokument des Niedergangs... :cry:
      Avatar
      schrieb am 29.08.12 14:02:27
      Beitrag Nr. 3.208 ()
      Antwort auf Beitrag Nr.: 43.545.145 von OliverFFM am 29.08.12 10:09:29330 IDR = 0,027 EUR

      1 EUR = 11967,20 IDR (EZB-Referenz vom 28.08.2012)
      Avatar
      schrieb am 29.08.12 15:11:01
      Beitrag Nr. 3.209 ()
      Hallo zusammen,
      könnte mir echt in den Hintern beissen, bin seit 1 Jahr investiert und war schon 100% im Plus und bin inzwischen im Minus :-(

      Ist der Kurs denn gerechtfertigt, immerhin ist der Laden doch nicht insolvent und wird es wohl auch die nächste Zeit nicht werden oder seh ich das falsch?

      Lohnt es sich nicht langsam wieder nachzukaufen?
      Avatar
      schrieb am 29.08.12 17:56:53
      Beitrag Nr. 3.210 ()


      Wie wir sehen können, ist China jederzeit in der Lage die Konjunktur anzukurbeln - etwa mit "beliebigen Zinssenkungen". Für westliche Staaten gilt dies allerdings nicht, sie stehen mit dem Rücken zur Wand. Kohle vor China ist also immer noch eine rel. sichere Sache - zum richtigen Preis versteht sich...

      Lohnt es sich nicht langsam wieder nachzukaufen?

      Ja, erst nach eindeutiger Trendwende - evtl. bessere Titel bevorzugen!!
      Avatar
      schrieb am 29.08.12 22:25:05
      Beitrag Nr. 3.211 ()
      was ist hier los?
      ich beobachte schon einige zeit.
      kein penny kein insolvenz, analystenempfehlungen ??
      Avatar
      schrieb am 30.08.12 00:02:11
      Beitrag Nr. 3.212 ()
      das ist schon langsam beängstigend.
      Seit es diese Londoner Bumi plc gibt, gehts nur noch bergab.
      In das Management sind im Mai auch neue Leute reingekommen.
      Und irgendwer muss diese riesen Derivate- und Wechselkursverluste produziert haben. Was haben die da für einen Bockmist gebaut?

      Muss man schon fast hoffen, dass hier nicht sowas abgezogen wird wie mit Petroplus.
      Die hat man auch mit Schulden vollgepumpt bis zur Insolvenz.

      Ein echtes Trauerspiel wieder mal.
      2 Antworten?Die Baumansicht ist in diesem Thread nicht möglich.
      Avatar
      schrieb am 30.08.12 13:58:56
      Beitrag Nr. 3.213 ()
      BUMI rasselt isoliert in den Keller, Kurse von Rp 500 plusminus 50 könnten jetzt drin sein...darunter für mich eher un-
      wahrscheinlich!?



      Avatar
      schrieb am 30.08.12 22:46:35
      Beitrag Nr. 3.214 ()
      Antwort auf Beitrag Nr.: 43.549.151 von everyday1000 am 30.08.12 00:02:11Das war aber schon seit Jahren abzusehen. Bakrie ist dafür bekannt seine Firmen auf Pump aufzubauen und man konnte schon 2009 erkennen, dass es in diese Richtung geht.
      Avatar
      schrieb am 30.08.12 22:48:23
      Beitrag Nr. 3.215 ()
      Antwort auf Beitrag Nr.: 43.549.151 von everyday1000 am 30.08.12 00:02:11Debt Burden and Foreign Exchange Loss Leave Indonesia's Bumi in the Red in H1

      Bumi Resources, Indonesia’s largest thermal coal producer, posted a loss in the first half of the year, highlighting the burden of its mounting debts amid falling global prices.

      Bumi posted a $334.1 million loss in the first half of this year, compared to a $226.7 million profit in the same period a year earlier. Still, Bumi’s revenue rose to $1.9 billion from $1.8 billion last year, the company said in a filing to the Indonesia Stock Exchange on Sunday.

      The miner’s biggest expenses were interest payments on loans, and finance charges, which amounted to $310.7 million.

      Bumi also saw a loss of $145.8 million from derivative transactions, compared to a $212 million gain from such trading activities a year earlier. The company suffered from a $50.2 million foreign exchange loss this year compared with a gain of $80 million last year.

      Bumi produced 32.5 million tons of coal in the first half, an 8.6 percent increase on the previous year. The company is aiming to produce 75 million tons of coal this year.

      Indonesian coal miners are facing difficult times ahead as years of strong production have resulted in a supply excess aggravated by a downswing in commodity price.

      Adaro, the country’s second-largest coal miner, has cut its annual production forecast to between 48 million and 51 million tons of coal, from an initial estimate of 50 million to 53 million tons.

      Moody’s Investors Service, a US rating company, downgraded Bumi’s rating to B1, four notches below the lowest investment grade, from Ba3 on Aug. 17.

      “The downgrade reflects the expected deterioration of Bumi’s credit metrics and liquidity as a result of Bumi’s weakening operating margins, large capex plans, as well as debt and interest servicing burdens,” said Simon Wong, a vice president and senior analyst at Moody’s.

      Another rating agency, Standard & Poor’s, cut its rating on Bumi Resources to BB-, two notches below the lowest investment grade, from BB, citing similar concern on the miner’s mounting debt.

      Analysts like Frederick Daniel Tanggela of Trimegah Securities, a brokerage house, have lost their appetite for Bumi shares. In a research report last month, Frederick put a sell recommendation on Bumi shares.

      Shares in Bumi closed at Rp 940 on Friday and are down 57 percent for the year.

      http://www.thejakartaglobe.com/business/debt-burden-and-fore…

      Investors Run From Bumi Stock


      Shares in Bumi Resources, Indonesia’s biggest thermal coal producer, slid to a three-and-a-half-year low on Tuesday after it reported a disappointing earnings result and faced a downgrade from local brokerages expecting further gloom.

      Bumi shares fell to Rp 760, its lowest closing price since March 20, 2009. Its 15 percent decline wiped out Rp 2.7 trillion ($284 million) in market value.

      On Monday, in Jakarta trading shortened because of a technical glitch, the stock lost 5.3 percent.

      The stock was the most heavily traded on the Indonesia Stock Exchange (IDX) on Tuesday, with Rp 290.7 billion changing hands that accounted for 9 percent of total trading on the Indonesia Stock Exchange.

      Bumi’s rapid decline came after the company reported on Sunday a $322 million net loss for the first half, turning from $231.7 million in net income for the same period last year, because of higher operating expenses, losses from derivative transactions and foreign exchange losses.

      The company said in a statement on Monday that despite posting a net loss, revenue rose to $1.95 billion in the first half from $1.79 billion a year earlier.

      “With this disappointing set of second-quarter results, we plan to further revise down Bumi’s earnings as well as the target price,” Irwan Budiarto, an analyst with Bahana Securities, said in a report.

      “This performance cements our negative view on Bumi, as operating risks as well as risks below the line on derivative instruments continue to remain high,” he said, adding that the result was well below Bahana and consensus estimates.

      The brokerage has put a “reduce” rating on Bumi with a target price of Rp 1,080, which may soon be revised down, Irwan’s report said.

      Frederick Daniel Tanggela, an analyst at Trimegah Securities, downgraded Bumi’s 2012 operating profit estimate to $520 million from an earlier forecast of $607 million. In the first half, Bumi posted $239 million in operating profit.

      He now estimates net income will hit $60 million for the full year, down from his earlier forecast of $76 million.

      However, Trimegah has held its target price for Bumi at Rp 1,040, as its analysts “believe this bad second-quarter result had been priced in by the market.”

      Bumi is the worst-performing stock on the IDX this year, falling 65 percent. This quarter alone its market value has shrunk to Rp 16 trillion from Rp 23 trillion.

      Earlier this month, credit rating agencies Standard & Poor’s and Moody’s Investors Service cut Bumi’s credit rating on concern that its cash flow would come under pressure as operating expenses continued to increase while coal prices remained low.

      Bumi’s decision to delay its plan to sell a stake in Bumi Resources Minerals — its non-coal unit — is viewed by analysts as a failure to gain funds to pay off debt.

      In Monday’s statement, Bumi said that it would continue its plan to pay off its debt to China Investment Company ahead of schedule. It said it would review its guidance on volume, price and costs for this year after it reviews the January-to-September performance.
      Extracting c oal at a Bumi Resources mine in East Kalimantan.  Photo Courtesy of Bumi Resources

      http://www.thejakartaglobe.com/business/investors-run-from-b…

      Bumi’s Tumble Pulls Emerging-Market Stocks Down for Third Day

      Emerging-market stocks dropped for a third day, sending the benchmark index to its lowest in more than three weeks, as concern deepened that the global economic slowdown will curb corporate earnings.

      The MSCI Emerging Markets Index fell 0.2 percent to 958.78 as of 10:40 a.m. in London, poised for its longest losing streak in a month and the lowest close since Aug. 3. China Southern Airlines Co. sank to a six-week low as profit trailed analysts’ estimates.

      TPK Holding Co. and Chimei Innolux Corp. slumped at least 5.9 percent in Taipei after the consumer-electronics companies announced plans to raise capital. AngloGold Ashanti Ltd. retreated 2.6 percent, leading a gauge of raw-materials stocks to the lowest in a month.

      Exporters led the MSCI index’s decline after Japan’s government downgraded its assessment of the economy for the first time in 10 months, citing risks from a further slowdown in global growth. The world economic situation is “severe” and “complicated,” Wang Chao, China’s vice commerce minister, said at a forum in Beijing today.

      “Growth in emerging markets is going to continue to be disappointing,” Alain Bokobza, the head of global asset- allocation strategy at Societe Generale SA in Paris, said in an interview on Bloomberg Television.

      Sensex Drops

      MSCI Inc.’s indexes of developing-nation raw-materials, industrial and technology companies sank at least 0.4 percent. The Hang Seng China Enterprises Index slipped 0.2 percent. The BSE India Sensitive Index dropped 0.3 percent on concern the political standoff between the ruling Congress Party and the main opposition will delay economic reforms.

      Russia’s Micex Index advanced 0.4 percent as oil rallied in New York. Turkey’s ISE National 100 Index gained 0.9 percent.

      The MSCI emerging-market gauge has climbed 4.6 percent this year, trailing the 8.7 percent increase for the MSCI World Index of developed-nation shares. The emerging-markets index trades at 12 times reported earnings, compared with 15 for the MSCI World, data compiled by Bloomberg show.

      Data on second-quarter US gross domestic product is due tomorrow before an Aug. 31 speech by Federal Reserve Chairman Ben S. Bernanke at an annual meeting in Jackson Hole, Wyoming.

      The Markit iTraxx SovX CEEMEA Index of east European, Middle Eastern and African credit-default swaps fell two basis points, or 0.02 percentage point, to 237 today. The extra yield investors demand to own emerging-market bonds over U.S. Treasuries declined one basis point to 320, according to JPMorgan Chase & Co.’s EMBI Global Index.

      Currencies Weaken

      The ruble weakened 0.6 percent against the dollar for the biggest decline among emerging-market currencies. Poland’s zloty depreciated 0.3 percent versus the euro after Marek Belka, the central bank governor, said in an interview with Radio PiN in Warsaw that prospects for cutting interest rates have increased.

      The Bloomberg JPMorgan Asia Dollar Index slipped less than 0.1 percent, the third day of declines. Yuan forwards fell, trading at the biggest discount to the onshore rate since March 2009, on speculation China’s government will favor a weaker currency to support exports.

      Taiwan’s Taiex Index sank 1.4 percent, the biggest drop among emerging-market equity gauges tracked by Bloomberg. TPK fell 7 percent and Chimei slid 5.9 percent. TPK said yesterday its board approved a plan to raise as much as $250 million from selling five-year convertible bonds and global depositary receipts backed by as many as 22 million shares. Chimei said its board approved a plan to sell 600 million new shares.

      Bumi Tumbles

      “Investors are worried this would dilute the earnings per share” of both companies, Peggy Lee, an analyst at Capital Management Co., said by phone from Taipei today.

      China Southern, Asia’s biggest carrier by passengers, sank 2.8 percent. Net income fell 85 percent to 424 million yuan ($67 million), under international accounting standards, as the economic slowdown eroded travel demand and fuel costs rose. AngloGold Ashanti, the third-largest producer of the metal, retreated to the lowest level since July 23. Gold slipped 0.5 percent in New York while copper lost 0.4 percent.

      Bumi Resources, Asia’s biggest power-station coal exporter, tumbled 15 percent in Jakarta for the largest slide since May 2010 and the biggest decline in the MSCI emerging markets index.

      Recapital Asset Management, an investment fund management group, didn’t repay Bumi $231 million that was due Aug. 27, London-listed Bumi Plc, which owns 29 percent of Bumi Resources, said in a statement today. Bumi Resources was also cut to underperform from neutral at CIMB Group Holdings Bhd., Southeast Asia’s top-ranked investment bank.

      Shanghai Rally

      Bumi Resources has fallen 19 percent in two days after reporting a first-half loss of $322 million. The slump is “irrational” and the company’s sales and growth are “operationally sound,” Dileep Srivastava, a director at Bumi Resources, said in an e-mailed response to questions today.

      India’s Sensex index fell for a third day. The Bharatiya Janata Party renewed its demand for Prime Minister Manmohan Singh’s exit amid a sixth day of protests in parliament today. The ruling Congress Party is seeking to end two years of policy gridlock in the current parliamentary session to revive an economy growing at the slowest pace in three years.

      The Shanghai Composite Index, a gauge of mainland-listed shares traded mostly by Chinese investors, climbed 0.9 percent amid speculation state-owned companies will increase stock buybacks. Baoshan Iron & Steel Co. advanced 10 percent on plans to spend as much as 5 billion yuan ($787 million) purchasing its own shares.

      http://www.thejakartaglobe.com/business/bumis-tumble-pulls-e…
      Avatar
      schrieb am 31.08.12 09:16:51
      Beitrag Nr. 3.216 ()
      mein Broker zeigt mir plus 12%. Gibts Insolvenz Dementis?
      Avatar
      schrieb am 31.08.12 09:55:06
      Beitrag Nr. 3.217 ()
      BUMI z.Z. über +11% - Supergau abgewendet ??
      2 Antworten?Die Baumansicht ist in diesem Thread nicht möglich.
      Avatar
      schrieb am 31.08.12 10:24:20
      Beitrag Nr. 3.218 ()
      Antwort auf Beitrag Nr.: 43.554.760 von BUMMI59 am 31.08.12 09:55:06naja, nur weil wir jetzt auf niedrigem Niveau 60 IDR zulegen, sollten nicht direkt alle jubeln :kiss:

      Sieht mit der Verschuldung echt schon sehr krass aus... wenn allerdings die Banken mitspielen und die Kohlepreise anziehen, kann es rasant nach oben gehen. Zinsen verharren auf tiefem Niveau, von daher kann eine solche Debt Loading Strategie aufgehen... jedoch sehr hohes Risiko.

      Ich denke da immer an Teck Ressources zurück, die durch die Übernahme von Fording Canadien Coal sich auch übernommen hatten! Kurs ging auf 3 USD zurück und stieg dann explosionsartig innerhalb von 18 Monaten auf >60 USD!
      Avatar
      schrieb am 31.08.12 11:55:57
      Beitrag Nr. 3.219 ()
      Riset PT Panin Sekuritas Tbk yang dirilis awal pekan ini mengindikasikan perusahaan batu bara ini akan bangkrut.

      Penyebab indikasi itu karena performa keuangan yang buruk dan tidak mampu membayar utangnya.

      Di saat yang sama, manajemen Bumi Resources mengatakan operasional baik dengan peningkatan penjualan selama semester pertama tahun ini.

      GOOGLE:
      Tbk PT PaninTbk PT Panin Securities Research veröffentlicht in dieser Woche gezeigt wurde das Unternehmen in Konkurs gehen Kohle.

      Ursache Hinweis darauf, dass wegen der schlechten finanziellen Performance und sind nicht in der Lage, seine Schulden zu bezahlen.



      Läuten hier etwa die Übernahmeglocken ??
      Avatar
      schrieb am 31.08.12 14:57:43
      Beitrag Nr. 3.220 ()
      Zur Studie von PT Panin Sekuritas Tbk:

      A study by a securities company shows that PT Bumi Resources (BUMI), a major coal exporter in Asia, was "headed towards financial bankruptcy".

      "It can be concluded that BUMI is in the danger zone, or headed towards financial bankruptcy," Fajar Indra, an equity analyst for the metal and mining sector at Panin Securitas, stated in Panin's study.

      Fajar based the analysis on calculations which determine the financial well-being of a company. In this calculation, Bumi scored 0.9 points, far beneath the score that indicates financial trouble, at 1.1 points.

      Besides the calculations, Fajar also pointed out that Bumi has just lengthened the time period of its fund investments, worth US$231 million, at PT Recapital Asset Management.

      "In other words, BUMI has failed to liquefy its investments to conduct refinancing," he said.

      --------------------------------------------------------------------------------------------------------------------------------------------

      weitere news:

      30.08.12--JAKARTA--Thermal coal company Bumi Resources (BUMI.JK) has signed a pact to sell its entire 50% stake in unlisted coal unit PT Fajar Bumi Sakti for $200 million, people involved in the deal told Dow Jones Newswires on Friday, as it sheds assets to pay off some of its debt.

      The move comes days after Bumi Resources reported that it swung to a net loss of $322 million in the first-half of 2012, raising concerns on how it will repay the $1.3 billion worth of loans it owes China Investment Corp., or CIC.

      A banker on the deal said Bumi Resources will use the proceeds from the stake sale to repay $600 million of its total loans from CIC.

      "The stake sale in the unit is expected to be completed within weeks," the banker, who didn't want to be named, said.

      The people didn't name the company that will buy the stake but said it was a firm based in Indonesia.

      Bumi has said earlier it is planning to repay up to $1 billion of its total debt of $3.8 billion as of June 30 by selling off assets and refinancing with cheaper loans.



      He added that Bumi's debt to China Investment Corporation (CIC), totaling US$1.3 billion.

      "The profit margins have also been eroded due to the 9.2 percent jump in production costs by the ton, which has not been balanced by a rise in sale prices," he noted in his study.

      In their financial report from the first half of the year, Bumi revealed that they have racked up financial losses of US$334.1 million, or a loss of US$15.87 per share.

      ---------------------

      31.08.12--JAKARTA--Thermal-coal company Bumi Resources (>> PT Bumi Resources Tbk) has agreed to sell its 50% stake in unlisted coal unit PT Fajar Bumi Sakti for $200 million to an Indonesian investor to help it meet debt repayments to China Investment Corp., or CIC, later this year, sources close to the transaction said Friday.

      The move comes days after Bumi Resources, Indonesia's largest coal exporter, reported that it swung to a net loss of $322 million in the first-half of 2012, raising concerns about how it will repay the $1.3 billion worth of loans it owes to CIC.

      A banker involved in the stake-sale deal said Bumi Resources will use the proceeds to help make a repayment of $600 million of CIC loans.

      "The stake sale in the unit is expected to be completed within weeks," the banker, who didn't want to be named, said.

      Another person with direct knowledge declined to name the buyer but said it was a firm based in Indonesia.

      Bumi has said previously it plans to repay up to $1 billion of its total debt of $3.8 billion as of June 30 2012 by selling assets and refinancing with cheaper loans.

      "Market participants welcome the move as it could reflect Bumi Resources' commitment to repay loans that carry 19% interest and have so far weighed on the company's earnings," said Bernardus Irawan, a fund manager at Lautandhana Securities.

      This was reflected in Bumi's Indonesia Stock Exchange share price, which having fallen more than 20% in the four sessions following the announcement of the first half earnings, rebounded 9.5% to 690 Indonesian rupiah per share at 0710 GMT Friday.

      The Fajar Bumi Sakti unit being sold manages a concession area of 8,250 hectares containing reserves of 335 million metric tons of 4,000-6,150/kilo calorie coal reserves.

      Bumi Resources' vast coal reserves are among the main assets held by the London-listed Bumi PLC, a large coal company part-owned by European financier Nat Rothschild.

      While Bumi PLC owns 29% of Bumi Resources, disagreements about the management of Bumi Resources and its debt have caused tensions in the London-listed company's board room.

      Both companies' shares have fallen sharply in the past year, helped down both by a slide in coal prices and by worries that Bumi Resources' debt burden was keeping it from becoming much more profitable.

      Bumi Resources needs to ramp up output to help pay off the CIC loan, and has said it is on track to boost its thermal-coal production capacity to 140 million tons in 2014 from around 70 million tons this year.

      Even with a sale of assets, some analysts and investors are concerned it may still have trouble raising all the money it needs.

      Earlier this month, Standard & Poor's Ratings Services lowered its rating on the company's debt.
      Avatar
      schrieb am 03.09.12 10:22:25
      Beitrag Nr. 3.221 ()
      01.09.12--JAKARTA--PT Adaro Energy, Indonesia’s second largest coal miner, saw its net revenues increase 9.1 percent to US$1.9 billion in the first half of this year despite sinking coal prices, the company’s latest financial report shows.

      Global coal prices dipped 22.5 percent from $109.29 per ton to $84.65 in August. Other major local coal mining firms, including PT Bumi Resources, blamed weak prices for lackluster performance in the first half.

      Garibaldi Thohir, Adaro Energy’s president director, attributed higher net revenues to strong coal prices at the end of 2011 and at the beginning of the year.

      Besides revenues, PT Adaro Energy also reported growth in earnings before interest, taxes, depreciation and amortization (EBITDA), which climbed 4.4 percent to $667.5 million.

      The company’s liabilities stood at $812.5 billion, 4 percent higher than the same period in 2011, while PT Adaro Energy’s net income declined by 3 percent to $260.1 million.

      The company also reported that its gross profit margin was stagnant at 33 percent, given that production costs excluding royalties rose 10.4 percent to $38.03 per ton.

      The company attributed the rise in production costs to “longer overburden hauling distances and higher fuel costs”.

      “Originally, our guidance for the full year of 2012 was $40 to $45 per ton. However, we are now look at $39 to $42 due to below-budget fuel prices from our fuel swap and cost reduction initiatives,” Garibaldi said.

      In addition to revising production costs, the firm has readjusted its production, earnings and capital expenditure target, citing turbulence in commodity prices and market conditions.

      The US and European markets continue to remain weak, while China’s economy has experienced a slowing down.

      “Given the market circumstances, we have reevaluated the timing of our capital expenditures in
      an effort to preserve cash,” Garibaldi said.

      Garibaldi said that PT Adaro Energy has lowered its capital expenditures from between $650 and $700 million to $400 and $500 million.

      “The largest reduction in spending will be for heavy equipment, as our current fleet provides us adequate capacity for our production targets,” Garibaldi said, adding that PT Adaro Energy’s production targets have also been readjusted.

      “We revised down our production guidance for 2012 to 48 to 51 million tons from 50 to 53 million tons due to challenging market conditions,” Garibaldi said.

      The revisions consequently brought down PT Adaro Energy’s earning expectations from between around $1.2 billion to $1.5 billion to between $1 billion and $1.3 billion.

      He added that PT Adaro Energy planned to “focus on cost control and improving operational efficiencies” to weather the “cyclical downturn”.

      “We are not immune to cyclical downturns,” Garibaldi said. “At times like these, we need to get back to the basics.”

      The share price of PT Adaro Energy was Rp 1,370 apiece at the close of today’s trading session on the Indonesia Stock Exchange (IDX), down 1.5 percent from the previous day’s close of Rp 1,350 apiece.
      Avatar
      schrieb am 03.09.12 10:29:58
      Beitrag Nr. 3.222 ()
      01.09.12--JAKARTA--Publicly listed coal producer PT Bukit Asam (PTBA) and state-owned fertilizer company PT Pupuk Sriwijaya Palembang (Pusri) will build a coal gasification plant to take advantage of the company’s huge reserves of low-grade coal.

      PTBA’s president director Milwarma said in Jakarta on Friday that the feasibility study for planned coal gasification plant was currently
      underway.

      “The plant will be designed to process coal into gas. If we have the technology, we could also produce various by-products from coal such as methanol and dimethyl ether [DME],” PTBA president director Milawarma told reporters on the sidelines of the Porseni sports and art competition at the company’s office on Friday.

      Milawarma said that by entering the coal gasification business, PTBA would be able to use the company’s large reserves of low-grade coal, which had not been fully used. Gas produced from the plant would be supplied to Pusri for fertilizer production, he added. “Our low-rank coal accounts for between 60 and 70 percent of our total
      production.”

      PTBA is targeting to produce around 17 million tons of coal this year from its coal mine in Tanjung Enim, South Kalimantan. The company plans to produce 50 million metric tons of coal by 2016. In its attempts to meet the target, the company is developing supporting facilities, such as a new railroad to connect its mining sites in Tanjung Enim to its coal terminal in Lampung.

      “Our low-grade coal has been used to meet demands from domestic buyers, while the high-grade coal is usually sold overseas to countries such as to Japan, South Korea and Taiwan,” he said.

      High-grade coal has a caloric value above 6,000, while low-grade coal falls short of that mark.

      As reported earlier, US-based company Celanese inked a US$2 billion (Rp 19 trillion) deal with PT Pertamina to develop a similar coal gasification project in Indonesia. The difference is that Celanese would turn coal, through gasification processes, predominantly into ethanol, used as a fuel additive, to supply fuel for Indonesia’s transportation needs.

      Celanese, a global producer of specialty chemical products, introduced the so-called TCX technology last year in the US, claiming its technology to produce ethanol from coal was more profitable than producing the gasoline additive from plants, and was a “game-changer” for the US chemical company, Bloomberg reported.

      Celanese chief financial officer Steven Sterin said after his company received approval from the government, it would then take around 30 months to complete the construction of the new facility, which was expected to convert as much as 4 million tons of coal per year into 1.3 billion liters of ethanol.

      Milawarma said he was open to the possibility of participating in the Celanese-Pertamina’s project.

      “There is a possibility that we would go there [participate with Celanese], but we are focusing on completing our own gasification project. If we could do that, then it would be easy to turn it into many other products,” he said.

      PTBA reported slower profit growth for the first six months of the year on rising expenses and relatively flat coal prices.

      The company booked Rp 1.56 trillion in net profits the first half of the year, a 3 percent drop from Rp 1.61 trillion in the same period last year.
      Avatar
      schrieb am 03.09.12 19:00:57
      Beitrag Nr. 3.223 ()
      Antwort auf Beitrag Nr.: 43.554.760 von BUMMI59 am 31.08.12 09:55:06Einfach nur ein technischer Rebound, da sowohl Index als auch Aktie total überverkauft sind(technisch). Außerdem gab es Gerüchte, wonach man für 200 Mio USD Anteile an einer Firma verkauft um Schulden an CIC zu tilgen.
      Avatar
      schrieb am 03.09.12 21:06:26
      Beitrag Nr. 3.224 ()
      Zitat von Bakrieboy: Außerdem gab es Gerüchte, wonach man für 200 Mio USD Anteile an einer Firma verkauft um Schulden an CIC zu tilgen.

      Ja, stimmt! Im Beitrag Nr.3220 hatte ich ausführlich darüber berichtet...
      Heute gelesen: Index steigt, aber Bakrie-Gruppe stagniert! :)
      2 Antworten?Die Baumansicht ist in diesem Thread nicht möglich.
      Avatar
      schrieb am 04.09.12 19:57:01
      Beitrag Nr. 3.225 ()
      Antwort auf Beitrag Nr.: 43.564.598 von BUMMI59 am 03.09.12 21:06:26Ja, sorry, ich hatte es auch noch in einem anderen Beitrag gesehen.
      Ich verfolge die Bakriegruppe kaum noch, da ich deren Aktien nicht anfasse(vor allem da es hier viele bessere gibt) und Kohle im Moment ohnehin nicht läuft(eher Property/Consumer), aber was man so hört dürfte Bakrie bald Pleite sein. Selbst Credit Suisse und Recapital wenden sich ja schon von ihm ab...
      1 Antwort?Die Baumansicht ist in diesem Thread nicht möglich.
      Avatar
      schrieb am 04.09.12 20:54:52
      Beitrag Nr. 3.226 ()
      Antwort auf Beitrag Nr.: 43.568.250 von Bakrieboy am 04.09.12 19:57:01Kein Problem! Bakrie könnte tatsächlich Pleite sein, denn heute war ja der Handel für BTEL ausgesetzt. Angeblich konnten fällige Anleihen nicht abgegolten werden. Es wurde dann seitens des Managements berichtet, dass man es doch bald könne. In wenigen Tagen stellt sich wohl die wirkliche Situation heraus...P L E I T E + evtl. Ü B E R N A H M E durch ... ?? :laugh:
      Avatar
      schrieb am 05.09.12 08:54:13
      Beitrag Nr. 3.227 ()
      04./05.09.12--JAKARTA--The Indonesia Stock Exchange (IDX) suspended on Tuesday the trading of CDMA-based telecommunications provider PT Bakrie Telecom’s shares and bonds amid speculation over the company’s failure to pay its debts.

      “Trading of the company’s shares and bonds will continue to be suspended until further explanation,” the bourse said in a statement.

      The IDX said that the suspension was imposed after it received a letter from the Indonesian Central Securities Depository (KSEI) stating that Bakrie Telecom (BTEL) delayed the payment of the principal and the interest of the bonds it issued in 2007, worth Rp 650 billion (US$68.4 million), which matured on Tuesday.

      KSEI said that BTEL was required to transfer the funds on Monday, a day before the maturity date. Failure to meet the requirement, according to KSEI, will lead to delays in money transfers to bondholders’ accounts.

      Last Sunday, BTEL said that it had raised Rp 557 billion from its non-preemptive rights issue, which would be used to partly fund the bond’s payment. BTEL’s affiliated company Bakrie Global Venture purchased the shares the telecommunication company offered during the rights issue.

      In July, Credit Suisse’s Singapore branch arranged a $50 million syndicated loan to BTEL at an interest rate of 11.5 percent and with an 18-month maturity period. The loan will also be used to pay the maturing bond.

      The company said that it had paid Rp 250 billion of the principal debt and Rp 19.3 billion in interest payments to KSEI on Friday. The remaining Rp 400 billion, BTEL stated, would be paid one day before the due date.

      “However, due to a holiday [Labor Day] in New York on Monday, the creditor was not able to do the transaction. The payment will be made on Tuesday,” BTEL said in a written statement.

      The postponement of the bond’s repayment was not because of a default situation, BTEL president director Anindya Bakrie said.

      “We regret the speculation [of default] made by some parties. BTEL management is fully committed to meeting the company’s obligations on the agreed schedule,” Anindya said.

      According to its financial report of the first semester of the year, BTEL’s short-term liabilities amounted to Rp 3.21 trillion while long-term liabilities stood at Rp 4.67 trillion.

      The company reported poor performance in the first half of the year with net losses jumping to Rp 749.66 billion from Rp 179.69 billion in the same period last year.

      The CDMA-based mobile phone operator’s rumored debt default is the latest in a series of bad news for companies under the Bakrie Group, which is controlled by Golkar Party chairman and presidential hopeful Aburizal Bakrie. Bumi Resources, Indonesia’s largest coal producer, suffered a sharp drop in its share price after reporting a net loss of $322.1 million for the first half of this year. The news also ripple effects that negatively affected the share prices of the group’s other listed subsidiaries.
      Avatar
      schrieb am 05.09.12 16:12:29
      Beitrag Nr. 3.228 ()
      Bakrie vs Rothschild
      Bumi Resources (EARTH) continued down lately, but that does not make it less attractive in the eyes of most of the market participants. In fact, some investors actually begin to look more stock once the stock holds the title as a million people, with a variety of reasons. On the other hand, the 'stuck-ers' still hit great confusion to make choices that are equally difficult: Do I have to endure, or would be better off alone, which was meant to realize the potential losses?

      EARTH recorded revenues of U.S. $ 1.95 billion in 1H12, up 8.6% from U.S. $ 1.79 billion in 1H11. However, like other coal companies, EARTH recorded an increase higher load than the increase in revenues, so operating profit was down from U.S. $ 461 to 239 million. At this point, everything is still normal. But the company suffered losses due to derivative transactions, foreign exchange, and the disposal of investments in associated companies, has finally recorded a profit minus EARTH alias comprehensive net loss U.S. $ 327 million. It's interesting, because in his record cash flow, net cash gain recorded EARTH from operating activities amounted to U.S. $ 144 million, up nearly three-fold from U.S. $ 53 million in the same period a year earlier. So, if in this case the performance of the EARTH deliberately minus? I do not know, because the question is if the performance of EARTH contrived look ugly, what is its purpose?

      But perhaps, interesting to note that the performance of the EARTH is not about a minus.

      You may remember the important corporate actions undertaken Bakrie Group as owner EARTH with their new partners from England, Nathaniel Rothschild , where Nathaniel owned investment company listed on the London Stock Exchange, Vallar Plc , taken over a stake in Bumi and Berau Coal Energy ( BRAU). Instead, the Bakrie Group became one of the major shareholders Vallar Plc, the percentage ownership of 47.6%. Vallar Plc himself later changed its name to Bumi Plc . The process of barter transactions such shares are fully completed in April 2011, and Nathaniel went on to become one of the major shareholders in the EARTH.

      Some time later, it looks like Nathaniel started to find things that 'unusual' in the management of financial activities conducted EARTH. And on 8 November 2011, Nathaniel finally wrote a letter to Ari Hudaya (Saptari Hoedaja), President of EARTH. In the letter, Nathaniel explicitly demanded an explanation from Mr. Ari linked four of the following:

      1. Schedules are clearly related to the monetization of the assets of the business development.
      2. Repatriation (repatriation / return) funds placed on related parties, ie Recapital, Mount Pearl, and Chateau Asean Fund I.
      3. Written explanations related to the progress of the action no. 2
      4. A more detailed and transparent all 'non-coal transactions to be carried out by the EARTH and BRAU.

      Nathaniel wrote the letter after learning that EARTH has accounts' investments and other assets "on its balance sheet, amounted to U.S. $ 867 million , of which the account is not related to coal and metals business is doing EARTH, but rather a related party receivables, in the case of This Recapital, Mount Pearl, and Chateau Asean Fund I, and business development assets that tend to 'not clear'. According to Nathaniel, assets of U.S. $ 867 million should be in-monetization (liquidated into cash), to be used to pay the debt to China Investment Corporation (CIC). Thus, EARTH can cut costs and pay for the interest on the loan of U.S. $ 104 million per year. Earlier in 2009, EARTH is obtaining a loan of U.S. $ 1.9 billion from CIC, and debt contains very high interest rate, which is 19% overall. EARTH actually pay some debt in 2011, the U.S. $ 600 million. But Nathaniel EARTH considers that it should have sufficient assets to pay off the loan in full CIC.

      Nathaniel wrote in his letter, 'I want to see you initiate a radical cleaning up of EARTH's balance sheet. I want an immediate transformation of the way you are choosing to manage EARTH. '

      There is no information about whether the management EARTH then reply to the letter, but Nathaniel visibly uncomfortable with the investment management policy EARTH. Mr. President Director Ari EARTH itself seemed to assume that he does not need too hear complaints Nathaniel, Nathaniel was not given the majority shareholder of the Earth, but only 29.2%.

      Only two months later, in late December 2011, the Bakrie Group sold half ownership of Bumi Plc to PT Borneo Lumbung Energi & Metal (BORN), worth U.S. $ 1 billion, so then the Bakrie Group and BORN each hold a 23.8% stake Earth Plc. Bakrie Group's own use part of the money of U.S. $ 1 billion to pay its debts that will mature in 2012.

      Because BORN later became one of the major shareholders in Bumi Plc, the owner of BORN, Samin Tan , was appointed chairman of Bumi Plc, replaces Indra Bakrie, who later became the co-chairman. Nathaniel himself, who previously occupied the position as co-chairman, then 'demoted' to a non-executive director.

      Well now, if you are Nathaniel Rothschild, what do you feel after dikerjai two times in a row like that?

      To date, there is no longer a matter of continuing the story of the friendship between Bakrie and Nathaniel. Nathaniel himself in an interview with FT.com says that his relationship with the Bakrie still fine. But what's interesting is, after completing the share swap transaction with EARTH and BRAU Vallar, Nathaniel later founded an investment company again, this time with the name Vallares Plc, with an interest in the oil and gas (oil). The company was subsequently listed on London Stock Exchange, and in September 2011 changed its name to Genel Energy Plc.

      If traced further back, Nathaniel founded Vallar Plc as an 'investment vehicle' that will be used to acquire other companies, in this case the coal mines and metal ores. In this new company, recruited Nathaniel James Campbell, former CEO of Anglo American Plc, a British coal company, as a partner. There is no information about when Vallar Plc was established, but Vallar listing on the London Stock Exchange in July 2010, with a value of IPO U.S. $ 1.1 billion . It is a highly-IPO value is large, given Vallar Plc actually had no assets .

      A few months after its IPO, precisely in November 2011, Vallar announced it will acquire partial interest in two coal companies from Indonesia, the EARTH and BRAU (and also Bumi Resources Minerals / BRMS as a subsidiary of Bumi), with a total acquisition value of U.S. $ 3 billion. Vallar will pay part of the cost of the acquisition in cash using proceeds from its IPO, and partly by barter 47.6% of its shares. In this way then Vallar became have assets, ie 29.2% stake and 85% stake EARTH BRAU. On the other hand, 47.6% of Vallar Plc became the Bakrie Group, so Vallar later changed its name to Bumi Plc. However, Nathaniel retain partial ownership stake in Bumi Plc.

      So, if Mr. Hary Tanoesoedibjo can reap the extraordinary Rp2.1 trillion from the IPO MNC Sky Vision (MSKY), which is already listed on the stock through its parent, Global Mediacom (BMTR), so that it can be said that Mr. Hary making Rp2.1 trillion out from nothing , then Nathaniel Rothschild is apparently even worse: He could print U.S. $ 3 billion or around Rp27 trillion in the form of equity stake in Bumi and BRAU, almost without spending a penny stock!

      Vallar stock swap transaction with EARTH and BRAU, as mentioned above, was completed in April 2011. In just two months later, in June 2011, Nathaniel Why an IPO the company back to London Stock Exchange, the Vallares Plc , with even crazier IPO, the U.S. $ 2.2 billion . Vallares, like Vallar, originally had no assets. The difference, if Vallar used to enter the coal sector, the Vallares used to enter the oil and gas sector. In Vallares, Nathaniel recruit Tony Hayward, the former CEO of BP Plc, the British oil major, as a partner. In September 2011, Vallares did swap shares with a Turkish oil company, Genel Energy , and Vallares immediately renamed Genel Energy Plc , with Tony Hayward became CEO. The transaction model with Genel Energy Vallares can be said 99% identical to the transactions between Bumi and Vallar with BRAU.

      However, in contrast to the successful Vallares holds a 50% stake in Genel, Vallar just managed to hold 29.2% stake EARTH. I do not know, but I think these Bakrie Group is well aware that Vallar not become a major shareholder in the EARTH (over 40%), because if that happened, it could have been released EARTH entirely into the hands of Nathaniel. Maybe that's why eventually include BRAU Bakrie Group in their transactions with the Rothschilds, in which Nathaniel then acquire 85% stake BRAU. Term, it's okay to lose BRAU, LAND important remains in the hands. BRAU itself, although not owned by the Bakrie Group but by Recapital, but Recapital obtain funds to acquire BRAU of Bakrie, so the actual owner is Bakrie through Recapital BRAU.

      But, just because now Vallar holds 29.2% stake and 85% stake EARTH BRAU, LAND holds not mean Nathaniel and BRAU much is not it? Because Vallar itself, which is now called Bumi Plc, part of its shares held by Bakrie and Samin Tan, so Bakrie (and Mr. Samin) remains one of the holders of the 29.2% stake and 85% stake EARTH BRAU is, only through Bumi Plc. Yup, that's right, but do not forget that Bakrie with Samin Tan only hold a total of 47.6% stake in Bumi Plc, and the rest is not known clearly held by whom. Nathaniel itself does not itemize what percent stake in Bumi Plc, but some say 11%, but I think these could have been more than that. The point here, Nathaniel through Bumi Plc managed to get into one of the substantial shareholders in the Earth, something that has never been able to be done by others previously (EARTH stock is never held by Credit Suisse, creditors themselves, but the bank may not hold long assets -old, so it must be sold back. This contrasts with Vallar / Bumi Plc, which is not a bank), and it could be a gateway for Nathaniel to get in deeper. The term, which is important for the current through the castle sometime.

      But then why Bakrie Group would swap its stake in Bumi to Vallar, if it is risky to make EARTH apart completely into the hands of Nathaniel? I do not know, but maybe there are advantages Bakrie Group to see if they could be listing on the London Stock Exchange through Vallar, which later changed its name to Bumi Plc. On the other hand, it is not possible anyway Nathaniel Bakrie Group approved the desire to get into the EARTH by necessity, given that as a member of the Nathaniel Rothschild has enough power to do it (pressing the Bakrie to give up some stock EARTH). But the Bakrie Group would also not ordinary business groups, so they are not that easy though EARTH also release into the hands of Rothschild though. It may be well, in this case the Bakrie Group eventually ask for 'help' to Samin Tan.

      So, in this case, it looks like we're watching a foreign entrepreneur enormously-wealthy are trying to take over one of the most valuable assets of one of the wealthiest business group in Indonesia. Related letter written to Ari Hudaya Nathaniel, as we have seen above, it looks like it's just a distraction, or to give the impression that Nathaniel could easily bullied by the Bakrie. And related subsequent events, namely the decline in Bumi Plc Nathaniel position of co-chairman to non-executive directors only, it emphasized 'helplessness' in the presence of Nathaniel Bakrie. Well, we know that the Bakrie Group can easily work on public investors in the market with various corporate actions, but whether they can do the same thing to someone classmate Nathaniel Philip Rothschild? I do not think so! Remember that although the EARTH is the greatest asset of the Bakrie Group, but for Nathaniel, EARTH is just one of the many investments around the world.

      So if we return to the question above, what is your feeling after dikerjai two times in a row by the Bakrie? So Mr. Nathaniel would probably answer with a smile, 'What makes you think that anybody in this world could do tricks on me?'

      So what's this all connection with the recent decline in the stock EARTH? If it is said that Nathaniel deliberately asked the bookie for the stock dropped EARTH, so that he could get in cheap prices and eventually increase its stake above Earth, then maybe do not be that easy, too, because even though a majority stake in Bumi listed as public property, but part of the 'public' is probably the Bakrie as well, and they will not sell their shares. On the other hand if the goal is to get into Nathaniel EARTH at bottom prices, then why is the stock down BRAU also follow? Instead Vallar already holds 85% stake?

      But if it is said that Bumi shares continue to fall because of the debt that it is too large to potentially default, then it's just a rumor, just a rumor sale Sakti Earth Dawn quoted by Reuters from the 'source who did not want to be named' (kirain local media wrote that likes rich Look, do not taunya Reuters also just wrote). Because despite a mountain of debt EARTH, but most good Bakrie Group about the affair download the creditor treatment. And unlike with the Bakrie Group companies other may indeed real 'empty', true EARTH is a very, very 'contained' as there KPC and Arutmin in it, so it is natural if the bankers remained loyal in touch with the owner of Bakrie EARTH.

      Either way, if the author's own, which is interesting to observe here is not about EARTH stock will go down to how, or whether he'll be strong again, because it is the same question will not be answered by anyone. Instead, there will be roughly what the story regarding the relationship of Bakrie and Rothschild? And if EARTH finally really get out of hand Bakrie, then what will happen next?

      http://teguhidx.blogspot.com/2012/09/bakrie-vs-rothschild.ht…
      Avatar
      schrieb am 06.09.12 09:54:51
      Beitrag Nr. 3.229 ()
      Mit Kohle dabei...

      06.09.12--JAKARTA--Russian firms plan to invest billions of dollars in refineries, smelters and infrastructure, including railways and power plants, in Indonesia within the next few years, an ambassador says.

      Russian Ambassador to Indonesia Alexander A. Ivanov said on Wednesday that the investments would come from, among others, state railway firm Joint Stock Company (JSC) Russian Railways, Norilsk Nickel — one of the world’s largest nickel, platinum and copper producers — and Russia’s leading aluminum producer, Russky Aluminiy.

      “There are very broad potentials [for investment]. But, the companies are still in the initial stages and they have not applied to the BKPM [Investment Coordinating Board] yet,” he told reporters during a press briefing on the ongoing Asia-Pacific Economic Cooperation (APEC), hosted by Russia in Vladivostok.

      Russian Railways plans to build a railway line in East Kalimantan to support coal delivery with an anticipated investment of US$2.4 billion in 2013, with operations set to begin in 2017.

      The firm already signed a memorandum of understanding with the local administration in February this year and is still completing the feasibility study on the railway project.

      Norilsk Nickel was looking at possibilities to build a copper smelter, and a non-ferrous metal smelter, with investment of up to $2 billion, Ivanov said.

      Russky Aluminiy was considering setting up a refinery of bauxite or other non-ferrous metals, and supporting infrastructure such as power plants, with a local partners, Ivanov added.

      A few years ago, the firm expressed an interest to cooperate in the construction of a bauxite refinery to produce alumina, the material to make aluminum, with state-owned mining company PT Aneka Tambang (Antam).

      Investment in the Tayan, West Kalimantan facility is estimated to reach $1 billion, according to local media reports.

      Antam corporate secretary Tedi Badrujaman declined to respond to The Jakarta Post’s question over the progress of the plans and the possibility of future cooperation with the Russian firm.

      Ivanov further said that with such sizeable potential investments, Russia expected to boost bilateral trade with Indonesia, which both countries had targeted to top $5 billion in 2014.

      At present, Russian investment in Indonesia are relatively small as a number of investments are channeled through other countries, such as Singapore and Mauritius. Through the first half of this year, realized investment from Russia only reached $300 million from three projects.

      In contrast to investment, bilateral trade grew faster, up by 48.78 percent in the January-June period this year to $1.68 billion from last year.

      Indonesia exported commodities, such as palm oil, cacao, vanilla and tea, and manufactured goods, including furniture and footwear to Russia, while importing aircraft, military equipment and telecommunication tools.

      Earlier last year, the BKPM said that Indonesia expected investment to total at least $6 billion following the visit of a Russian delegation last October, including from a unit of Russia’s Solway Industries, which planned to build a nickel smelter in Halmahera, North Maluku.

      Indonesia, one of the world’s biggest suppliers of raw minerals, has imposed a 20 percent export tax on 65 types of mineral commodities, and will completely ban raw mineral exports in 2014 to spur the development of local refineries and smelters.
      Avatar
      schrieb am 07.09.12 10:25:06
      Beitrag Nr. 3.230 ()
      07.09.12--BALIKPAPAN, Indonesia (Reuters)--The slowdown in China’s economic growth is cutting deeper into Indonesia’s coal sector, forcing producers to reduce output and slash costs, and testing the resilience of a commodity boom in Southeast Asia’s largest economy.

      Top Indonesian exporters PT Bumi Resources (BUMI.JK) and PT Adaro Energy (ADRO.JK) are feeling the pinch after a 20 percent fall in international benchmark coal prices this year. Moody’s Investors Service said Indonesian in d ustry costs in 2012 will rise as much as 15 percent.

      Indonesia is the world’s largest exporter of thermal coal used by power stations and it provides about half of China’s coal imports. As one of the lowest cost producers in the world, it provides a litmus test of the health of the market.

      “With the reduction in coal prices over the past nine months, several companies have cut production and even some marginal companies have closed their operations temporarily,” Bob Kamandanu, the chairman of the Indonesian Coal Mining Association, told Reuters at a conference in Balikpapan, a mining centre on Borneo island.

      This week, the association cut its 2012 production forecast to between 340 million and 350 million tonnes, the second revision this year and 10 percent to 13 percent below its original forecast of 39 0 million tonnes.

      Indonesia’s coal exports to China slumped 16 percent in July from a year earlier, the first significant fall this year, although year to date they are still up more than 15 percent.

      China’s economy is widely expected to grow at its weakest pace since 1999 this year as it feels the chill of the euro zone debt crisis. The pull back is already being felt by China’s trade partners.

      Indonesia’s merchandise exports have fallen for four straight months, largely as its commodities shipments to China slowed down, pressuring the trade deficit and the rupiah.

      “I think there is more downside pressure for the rest of the year and China’s coal demand growth may soften further in the coming months, especially since demand from the key industrial users, like cement makers and steel mills, are also moderating,” said Dong Yueying, secretary-general of China Coal Transport & Distribution Association.

      BACK TO BASICS

      Some small miners said at the conference this week that they were cutting output and costs. They include PT Pesona Khatulistiwa Nusantara, which has slashed its 2012 output target by 30 percent to 2.1 million tonnes.

      Big players such as Bumi and Adaro operate some of the country’s richest mines in the Indonesian part of Borneo but their margins are under pressure too.

      Bumi Resources posted a net loss in the first half of 2012, dragged down by currency losses and rising costs, and its shares have been battered this month by concerns over cash flows and debt.

      Adaro has cut its 2012 production forecast by 4 percent and its chief executive Garibaldi Thohir said he wants to get “back to basics” by focusing on costs. The firm has a hiring freeze and has slashed its capital expenditure plans for 2012.

      “You don’t really get too much of a benefit in this business by expanding your market share,” said Cameron Tough, the firm’s investor relations spokesman. “We also see some benefits from the economic downturn in that it sweeps some of the short-term miners away.”

      Costs for hiring equipment and workers are still rising sharply following years of a mining boom, so with market prices for coal falling, miners are reconsidering expansion plans.

      “We are much more focused on cost reduction than production increases, and even cost reductions with a slight production decrease,” Alastair McLeod, chief financial officer of Bayan Resources (BYAN.JK), told Reuters this week by telephone.

      He said he doubted the firm’s original guidance for this year’s production would be achievable.

      Bayan’s costs rose 49 percent in the first half of the year, above an average of 30 percent for six top miners in Indonesia, Reuters calculations show.

      Last year, Bayan had outlined ambitious plans to double its annual output to as much as 25 million tonnes by 2013 to meet growing demand from consumers such as India.

      It costs Indonesia’s large miners between $30 and $55 to produce a tonne of coal and transport it to ports, a low cost only matched by some South African mines. Australia’s large miners spend at least $80.

      Moody’s said last month that Indonesian coal producers needed to keep costs under control if they want to maintain their status as the world’s lowest-cost thermal coal producers.

      “We expect production costs to rise 5 percent to 15 percent in 2012, and this trend will further pressure operating margins,” says Simon Wong, a senior analyst at Moody’s.

      If miners cut back, companies that service the industry also feel the pinch. Indonesia’s second-biggest contractor, PT Delta Dunia (DOID.JK), has seen four consecutive quarterly losses.

      “Mining contractors don’t have enough work, so whatever the price you offer they will take it,” said Jeffrey Mulyono, director of coal miner PT Pesona Khatulistiwa Nusantara.

      CHINA PRESSURE

      China’s domestic coal price has fallen to a two-year low of around $98.50 per tonne and could fall further said Hou Wenjin, a coal industry official with the provincial government in Shanxi, the country’s second-biggest coal producing region.

      “Overall inventories, at over 80 million tonnes, are still much higher than normal levels,” he said this week at an industry conference in Beijing.

      The slowdown in China’s economic growth has hit the construction sector and intensive coal users such as steel and cement makers. Although some miners have cut production the coal market is far from balanced.

      Chen Ze, deputy director in the coal industry department in Inner Mongolia, China’s biggest coal region, said he expected imports from the United States, Australia, Indonesia, Colombia and South Africa to compound the oversupply in China.

      “Because demand in Europe is poor, so everyone will try to move their coal to China,” he said at the Beijing conference. “We may see supply growth surpassing demand over the coming months.”

      Despite the slowdown, Indonesia needs heavy investment in infrastructure to ensure it can meet demand in the future, especially as India’s import needs grow.

      “Indonesia’s coal industry is at risk today, but that risk will be actualised around 2015-2016, when increased quantities of coal will come from competitors in Australia, the U.S., Russia, Africa and even Columbia,” said Bart Lucarelli, an adviser to the Indonesian government. (Additional reporting by Fayen Wong in Beijing and Malini Menon in New Delhi; Writing by Rebekah Kebede in Perth: Editing by Neil Chatterjee)
      Avatar
      schrieb am 24.09.12 10:22:34
      Beitrag Nr. 3.231 ()
      Rp 710,00; -130,00 (-15.48%)...was wird aus BUMI ??
      Avatar
      schrieb am 24.09.12 10:56:46
      Beitrag Nr. 3.232 ()
      Jakarta--24.09.2012--Shares of companies under the Bakrie Group remained under pressure on the local stock market last week amid growing concerns about the business group’s mounting debts.

      Of the business group’s 10 companies listed on the Indonesia Stock Exchange (IDX), only three firms closed the week in positive territory, while the other seven closed lower.

      The price performances of the Bakrie group’s shares were in contrast with the price rallies recorded by a number of blue chip shares, which booked significant gains during the week on the back of expectations of a brighter global economy following the US Federal Reserves’ stimulus plan.

      The share price of PT Energi Mega Persada (ENRG), one of the companies under the Bakrie Group was unchanged at Rp 96 on Friday. However, its year-to-date price has declined by 48 percent.

      Two other Bakrie companies’ shares, those of PT Bakrie & Brothers (BNBR) and PT Darma Henwa (DEWA), remained at Rp 50, the lowest price level allowed in the bourse. Only shares in PT Bumi Resources Minerals (BRMS) recorded an increase, closing with a 5 percent gain to Rp 570 at the end of the week.

      Analysts said that declining coal prices following global slowdown have contributed to the falling of stock prices of coal firms, including Bumi Plc., which is listed on the London Stock Exchange (LSE), and its subsidiary PT Bumi Resources (BUMI).

      Besides falling commodity prices, the business group’s mounting debts have also contributed to the price drops, capital market and financial analyst Lin Che Wei said.

      He said that there were growing concerns over the ability of the companies under the business group to pay their mounting debts. Investors were worried that the worsening financial performances as the result in the global economic slowdown might for example lead to a default, he said.

      On the other hand, the fall in prices might also force a decline in the Bakrie Group’s ownership because as a majority shareholder, it would have to pledge more of its shares to creditors as collateral to secure loans.

      Last May, creditors asked the Bakrie Group, which is chaired by Golkar Party chairman and presidential hopeful Aburizal Bakrie, to raise US$100 million to meet an increase in the collateral requirement on its loans following the decline in Bumi Plc.’s shares.

      “The inter-company financial management is very chaotic. One is used for the other. They [Bakrie family] carry out many transactions with third parties,” Lin said.

      All of companies under the Bakrie umbrella have mounting debts. BNBR, the investment arm and the first company established by Bakrie family some 70 years ago, has a total of Rp 10 trillion ($1.05 billion) in liabilities, while its assets were worth Rp 20.6 trillion, according to its financial report on the first semester of the year.

      Out of the total, about Rp 7 trillion comprise current liabilities. BNBR’s cash and cash equivalent stood at
      Rp 438.71 billion at the end of June.

      BUMI, which is the country’s biggest thermal coal exporter, has total liabilities of $6.5 billion and assets worth $7.2 billion. BUMI plans to pay the second tranche of debts amounting to $600 million to China Investment Corporation this October.

      High levels of debt and poor financial performance has triggered some analysts to predict the business of the Bakrie family will fall soon.

      Bobby Gafur Umar, the president director of BNBR, however, downplayed such speculation. He said that many believed that the Bakrie group would collapse because of the decline in its share prices, but such claims were untrue. “The speculation comes from those who want to take the short-sell to get profits,” he added.

      Based on its financial performance and its assets, BNBR as the parent company remained healthy, he said. “If people say our debts are increasing, it is because our business is bigger. Moreover, people only know our listed portfolio,” he said. “Don’t worry. We, the Bakrie Group, have a lot of savings,” he said in a reference to several unlisted companies.

      BNBR was the former holding company of all listed companies under Bakrie Group. However, as part of consolidation measures following the Asian financial crisis in 1997, the business group separated a number of highly indebted business units.

      The business group was forced to divest a larger part of its ownership in several companies to pay debts, before it managed to buy back the shares years later.

      Bobby said that the ownership of BNBR, as a company invested in listed companies under the Bakrie Group, is now between 10 percent and 30 percent. “Our policy is to hold 10 percent to 30 percent at a maximum. Listed companies under the Bakrie Group mostly have high debt profiles.

      We would rather invest more in non-listed firms and new projects than maintain a large share of ownership in listed companies,” he added.
      Avatar
      schrieb am 24.09.12 12:00:04
      Beitrag Nr. 3.233 ()
      Showdown in Jakarta: Rasanter BUMI-Abverkauf bei hohem Volumen auf Rp 680,00 (-160,00 oder -19.05%) !!

      Bumi probes 'irregularities at Indonesian operations'
      24 September 2012 | 09:57am
      StockMarketWire.com - Bumi has commissioned an independent investigation following allegations of potential financial and other irregularities at its Indonesian operations.

      It says these especially relate to PT Bumi Resources Tbk, in which the company has approximately a 29% interest.

      The company says it intends to contact relevant authorities in the UK and Indonesia, as appropriate, in respect of some of the allegations.

      An area of focus of the investigation will be the development funds of PT Bumi Resources Tbk.

      The extensive development funds in PT Bumi Resources Tbk and the one development asset in PT Berau Coal Energy Tbk were marked down to zero in the accounts of Bumi plc as at 31 December 2011, except for one investment with a carrying value of $39m in the consolidated financial statements.


      Bumi Starts Urgent Probe of Alleged Financial Irregularities
      http://www.bloomberg.com/news/2012-09-24/bumi-starts-urgent-…
      Avatar
      schrieb am 25.09.12 10:51:46
      Beitrag Nr. 3.234 ()
      Jakarta--25.09.2012--London-listed Bumi Plc. announced on Monday that it would start internal investigation of possible financial irregularities in its subsidiaries, particularly Jakarta-listed coal producer PT Bumi Resources (BUMI).

      “An independent investigation has been commissioned to investigate the allegations on an urgent basis, and is to report to the board. The company also intends to contact relevant authorities in the UK and Indonesia, as appropriate, with respect to some of the allegations,” Bumi Plc. said in a written statement.

      No specific explanation about the alleged irregularities, or the sources of the charges, was provided.

      BUMI director Kenneth Farrell said over the telephone that he was unaware of the allegations and was trying to find out more details.

      Bumi Plc. holds a 29.2 percent stake in BUMI, which owns 87 percent shares in metal miner PT Bumi Resources Minerals (BRMS).

      In the announcement, Bumi Plc. also said that the focus of the investigation would be on the development funds of BUMI.

      “The extensive development funds in BUMI and the one development asset in PT Berau Coal Energy were marked down to zero in the accounts of Bumi Plc. as of Dec. 31, 2011, except for one investment with a carrying value of US$39 million in the consolidated financial statements,” the company said.

      According to its financial report, BUMI had total liabilities of $6.5 billion with equity of $731 million at the end of June. The company’s cash, and cash equivalent, stood at $121 million.

      Berau Coal Energy, which is listed on the Indonesia Stock Exchange (IDX) under the code BRAU, is Bumi Plc.’s 85 percent-owned subsidiary.

      The write-down of BUMI and BRAU’s development funds and asset was stated in Bumi Plc.’s financial report of 2011.

      Nathaniel Rothschild, the founder of Bumi Plc., previously Vallar Plc., was in dispute with the Bakrie Group last year after he called for a “radical cleaning up” of the “overleveraged” BUMI. The dispute ended with Rothschild being demoted from co-chairman to non-executive director in Bumi Plc.

      Rothschild currently owns 12 percent of Bumi Plc. Jakarta-listed PT Bakrie and Brothers (BNBR) and Bakrie family-related Long Haul Holding holds 23.8 percent and PT Borneo Lumbung Energy & Metal holds another 23.8 percent of the company, with the remainder owned by other smaller investors and the public.

      Borneo’s director Kenneth Allan said that he was not aware of the proposed investigation. “We still don’t know what the purpose of the investigation is. It is probably the continuation of previous complaints made by Rothschild, about good corporate governance,” Allen said.

      The probe has “the potential to bring to light some gross, and potentially criminal, mismanagement of funds which may turn off shareholders in the short term,” Richard Knights, an analyst at Liberum Capital Ltd. in London, said as quoted by Bloomberg.

      However, the irregularities investigation may also merely be Bumi Plc.’s attempt to calm the market, which has been worried over the company’s seeming lack of proper and prudent management.

      Shares in Bumi Plc., BUMI and BRAU dropped further following the announcement. Bumi Plc. stood at £146 ($236.6) at closing time in London, a drop of 25.47 percent compared to last Friday.

      Meanwhile, BUMI closed at Rp 680 on Monday, or 19 percent lower on Friday’s close and 69 percent down over the year to date. Shares in BRAU also dropped 9.27 percent to Rp 186 on Monday, 55 percent lower over the year to date.
      Avatar
      schrieb am 26.09.12 19:43:14
      Beitrag Nr. 3.235 ()
      We are not notified about the investigation: Bumi Resources
      26 September 2012

      Jakarta - PT Bumi Resources Tbk (BUMI) has pleaded not received an official letter related to an investigation conducted by its parent company, Bumi Plc, associated with the alleged financial irregularities in Bumi Resources.

      "We did not receive any notice or information saying (Bumi Plc) will do an investigation," said Bumi Resources Director and Corporate Secretary Dileep Srivastava in a press release distributed on Wednesday, as quoted by okezone.com.

      Srivastava claimed that Bumi Resources abided by the rules of the Indonesian capital market. He admitted that he the company had communicated with the Capital Market and Financial Institutions Supervisory Agency (Bapepam-LK) and the Indonesia Stock Exchange related to this issue.

      Srivastava said, Bumi Resources would be active and open in the process of solving the issue. The company will try to solve this problem as soon as possible.

      http://www.newsidx.com/en/news/893/we-are-not-notified-about…
      Avatar
      schrieb am 27.09.12 11:42:01
      Beitrag Nr. 3.236 ()
      27.09.2012--Jakarta--Standard & Poor's and Moody's Investors Service have estimated that PT Bumi Resources Tbk (BUMI) may have difficulty in paying off its debts after the announcement of financial investigation by its parent company, Bumi Plc, in London.

      For that reason, S&P on Wednesday cut Bumi Resources’ long-term sovereign debt rating one level to B+ from BB-. A day earlier, Moody's changed Bumi Resources’ rating outlook to negative from stable, Bisnis Indonesia reported.

      According to S&P, the investigation may reduce Bumi Resources’ access to capital markets and may test the company’s ability of short-term debt repayment. The rating agency also lowered Bumi Resources’ senior secured notes rating review by dragging it down to Credit Watch with negative implication.

      Moody's said, Bumi Resources’ total debts reached USD 3.95 billion, and approximately USD 300 million of which would mature in the next 12 months. S&P, meanwhile, calculated that Bumi Resources’ debt worth USD 400 million would mature in a year.
      http://www.newsidx.com/en/news/902/bumi-resources-debt-ratin…
      Avatar
      schrieb am 28.09.12 09:22:15
      Beitrag Nr. 3.237 ()
      Jakarta--28.09.2012--The Indonesia Stock Exchange (IDX) has demanded coal miners PT Bumi Resources (BUMI) and PT Berau Coal Energy (BRAU) explain their corporate performance to the public following alleged irregularities. Authorities in London, where parent company Bumi Plc. is listed, are preparing tighter rules on good governance.

      IDX director for surveillance and compliance Uriep Budhi Prasetyo said on Thursday that the bourse has asked BUMI and BRAU to hold public exposés — presentations before investors and stakeholders — to clarify issues surrounding Bumi Plc.’s launch of an independent investigation to probe irregularities in so-called development funds.

      “We sent the request [Thursday], asking them to hold public exposés by Oct. 2 at the latest. We hope they will explain all outstanding issues,” Uriep said.

      The bourse has asked both to explain several matters, such as the investigation and alleged irregularities, financial and operational performance, debts and mature debts, and recent downgrade of long-term corporate ratings by two major rating agencies.

      The public exposé requests came on the heels of the bourse’s previous letter demanding BUMI and BRAU clarify Bumi Plc.’s investigation of alleged irregularities in development funds and assets, which were marked down to zero in the London-listed firm’s 2011 accounts report.

      BUMI and BRAU have answered the letters, saying that they received no notice of the investigation. Bumi Plc. currently holds a 29.2 percent stake in BUMI and 85 percent in BRAU.

      Amid the irregularities probe, the regulator in London — the Financial Services Authority (FSA) — is planning to lay down new regulations, putting strong emphasis on good governance, Reuters reported. The FSA proposal, to be published next Tuesday, is expected to tighten rules on reverse takeovers or backdoor listings, the power of controlling shareholders, corporate governance and the independence of company boards.

      The proposal is a response to concerns that sub-standards companies can join the FTSE 100 index — the 100 companies listed on the London stock exchange (LSE) with the highest market capitalization — too easily.

      Bumi Plc., previously Vallar Plc., was listed on the LSE and joined FTSE last year, following a share swap involving Bumi Plc., founded by Nathaniel Rothschild, and PT Bakrie and Brothers (BNBR), a company controlled by the family of politician Aburizal Bakrie. Under the deal, BNBR sold a number of shares in BUMI in return of stake in Bumi Plc.

      “Bumi is one of a number of recently listed companies that, whilst traded on the UK market, is essentially an overseas business,” said PIRC, a corporate governance consultant, as quoted by Reuters.

      The investigations into BUMI and BRAU mark the latest escalating tensions in Bumi Plc., which is 23.8 percent owned by BNBR and a related company called Long Haul Holdings.

      Last year, Bumi Plc. was also under the microscope as its cofounder and then cochairman Nathaniel Rothschild made public a letter sent to the company’s then chief executive officer Ari Saptari Hudaya. In the letter, Rothschild asked for a “radical cleaning up” in indebted BUMI.

      The dispute ended with restructuring of Bumi Plc.’s board. Indonesian investor Samin Tan’s company PT Borneo Lumbung Energi & Metal purchased shares in Bumi Plc. from BNBR. Samin Tan became chairman of Bumi Plc. while Rothschild, ousted as cochairman, becoming a non-executive director.
      Avatar
      schrieb am 11.10.12 10:18:38
      Beitrag Nr. 3.238 ()
      11.10.12--HONGKONG/MUMBAI/SHANGHAI/SINGAPUR/TOKIO--Die Herabstufung Spaniens durch die Ratingagentur Standard & Poor's (S&P) um gleich zwei Stufen hat die meisten asiatischen Börsen am Donnerstag belastet. Damit befindet sich die Bonitätsnote der viertgrößten Volkswirtschaft der Euro-Zone nur noch eine Stufe über dem sogenannten Ramschniveau. Auch der Ausblick bleibt negativ. Zudem habe ein unerwartet schwacher Auftragseingang bei den japanischen Maschinenbauern im August auf die Stimmung gedrückt, sagten Börsianer. Hinzu komme, dass der Pkw-Absatz in China zum ersten Mal seit acht Monaten gesunken sei.

      Der länderübergreifende MSCI Asia Apex 50, der die Aktienkurse der 50 größten Unternehmen Asiens exklusive Japan enthält, fiel um 0,67 Prozent auf 827,73 Punkte. In Tokio sank der Nikkei-225-Index kurz vor Handelsschluss um 0,49 Prozent auf 8.554,15 Punkte.

      Der CSI 300 Index, der die Aktien der 300 größten Unternehmen vom chinesischen Festland mit einer Börsennotierung in Shanghai oder Shenzhen enthält, stand mit 0,50 Prozent im Minus bei 2.312,55 Punkten. Etwas aus der Reihe scherte hingegen der Hongkonger Hang Seng , der um 0,03 Prozent auf 20.926,72 Punkte zulegte. Der koreanische Kospi sank in Seoul um 1,22 Prozent auf 1.924,47 Punkte. In Singapur stand beim FTSE Straits Times Index ein Abschlag von 0,27 Prozent auf 3.025,47 Punkte zu Buche. In Mumbai fiel der Sensex um 0,21 Prozent auf 18.591,20 Punkte...
      Avatar
      schrieb am 12.10.12 19:03:20
      Beitrag Nr. 3.239 ()
      12.10.2012--JAKARTA--Anger following a demand for an internal investigation by London-listed Bumi Plc. into its Indonesian subsidiaries has led to the Bakrie family calling an end to its 19-month business venture with Nathaniel Rothschild, heir to the legendary banking family.

      The Bakries, represented by PT Bakrie and Brothers (BNBR) and Singapore-based Long Haul Holdings, have proposed revoking their indirect stake in Bumi Plc. and taking back control over their crown-jewel company, PT Bumi Resources (BUMI), the world’s largest thermal coal exporter.

      According to a statement published on Bumi Plc.’s website, the proposed transaction is intended “to unwind the relationship” between Bumi Plc. and the Bakrie Group interests and return everything “as far as possible” to the position that existed before the series of transactions that aligned them last year.

      The statement emerged after a meeting between Rothschild and Indra Bakrie in Singapore on Wednesday evening. The statement reveals that BNBR and Long Haul propose to exchange their joint ownership of 23.8 percent shares in Bumi Plc. for its 10.3 percent shareholding in BUMI and to buy Bumi Plc.’s remaining 18.9 percent shares in BUMI for approximately US$278.3 million in cash before Dec. 25.

      BNBR and Long Haul also made another offer to purchase Bumi Plc.’s entire 84.7 percent holding in PT Berau Coal Energy (BRAU) with completion by June 30, 2013. No price has been set for this purchase.

      Bumi Plc. said it was considering the proposal and would make recommendations to its shareholders.

      According to a BNBR executive, a meeting is already scheduled with potential lenders next week as the company plans to finance the transaction partly through loans, probably involving Credit Suisse and JP Morgan.

      Trust Securities analyst Reza Priyambada said the fallout with the London venture stemmed from concerns regarding corporate governance. BUMI and BRAU, he said, had always filed their financial reports, but inside information was what mattered. “Are they telling the truth in the information submitted to the Indonesia Stock Exchange? Did they really carry out the things they said they did? We need to know those things,” he said.

      Bumi Plc. has launched an internal investigation of the subsidiaries for alleged financial irregularities pertinent to assets estimated to be worth $500 million, which include an investment in oil and gas exploration in Yemen. The Singapore meeting was supposed to hear an update on the investigation from London-based law firm Macfarlanes.

      Reza said Bakrie’s split from Bumi Plc. could cause the company to lose access to the European market.

      “Being able to expand into Europe was the initial target, but ever since the companies joined forces, they have been involved in internal conflicts. They did not reach the target,” he said.

      Capital market and financial analyst Lin Che Wei said Bumi Plc.’s internal disputes, which involved the politically connected Bakrie family, had a negative impact on Indonesia’s capital market situation. The family’s patriarch, Aburizal Bakrie, is the Golkar Party presidential candidate for the 2014 election.

      “To foreigners, it would seem as though there is too much political interference in Indonesia’s investments. The disputes have created a bad image for Indonesian corporations in general as well,” he said during a telephone interview.

      Lin, however, credited the family for its ability to survive life-threatening challenges in the past. “The Bakrie business empire, is like a cat, it has nine lives. It just won’t die.“

      After the split announcement, both BUMI and BRAU saw their share prices grow. On Thursday, shares of BUMI and BRAU closed at Rp 720 (7.5 US cents) and Rp 200 apiece, respectively, a rise of 5.9 percent and 34.2 percent from the previous day...

      Avatar
      schrieb am 18.10.12 10:25:58
      Beitrag Nr. 3.240 ()
      18.10.2012--Asien--Der robuste Konjunkturmotor Chinas hat dem Börsenhandel in Asien am Donnerstag wichtigen Aufwärtsschwung verliehen. In Australien markierte das Börsenbarometer ein erneutes 15-Monatshoch. Hier halfen auch Daten vom US-Häusermarkt den Kursen auf die Sprünge. Das Wirtschaftswachstum im Reich der Mitte betrug im dritten Quartal 7,4 Prozent und damit ungefähr so viel, wie von den Märkten antizipiert. Trotzdem verzeichneten die Statistiker eine Verlangsamung der Wirtschaftsaktivität. Im Vorquartal hatte das Bruttoinlandsprodukt (BIP) noch um 7,6 Prozent zugelegt. Das Wachstum im dritten Quartal ist das niedrigste seit Anfang 2009. Chinas Premierminister Wen Jiabao erklärte während eines Treffens mit Industrievertretern und Ökonomen, er sei zuversichtlich für die einheimische Wirtschaft. China könne seine Wirtschaftsziele für das Gesamtjahr schaffen.

      In Hongkong gewinnt der HSI gegen Handelsende 0,5 Prozent, während in Schanghai der Index sich um 1,2 Prozent verbessert. Gerade auch die chinesischen Einzelhandelsumsätze waren unerwartet stark mit einem Plus von 14,2 Prozent ausgefallen und überraschten die Börsianer. Die Erwartungen hatten hier bei 13,2 Prozent gelegen. "Die Wirtschaftsnachrichten sind mehr oder weniger positiv", sagt Chef-Ökonom Haibin Zhu von J.P. Morgan in China. Gerade aber Zahlen zur Industrieproduktion seien sehr ermutigend ausgefallen. Die Chancen für eine weiche Landung der chinesischen Wirtschaft seien gestiegen. Ein deutlicher Schwenk in der Wirtschaftspolitik sei jetzt aber unwahrscheinlicher geworden...
      Avatar
      schrieb am 07.11.12 09:35:52
      Beitrag Nr. 3.241 ()
      Poor Standard's Rating: http://www.reuters.com/article/2012/11/05/idUSWLA57422012110…

      ===============================================================================

      Summary analysis -- PT Bumi Resources Tbk. ------------------------ 05-Nov-2012

      ===============================================================================

      CREDIT RATING: B+/Watch Neg/-- Country: Indonesia

      Primary SIC: Oil and gas

      exploration

      services

      ===============================================================================

      Credit Rating History:

      Local currency Foreign currency

      26-Sep-2012 B+/-- B+/--

      13-Aug-2012 BB-/-- BB-/--

      30-Oct-2009 BB/-- BB/--

      ===============================================================================

      Rationale

      The rating on PT Bumi Resources Tbk. reflects the Indonesian coal producer's high leverage with high-cost debt and its single mineral and mine concentration risk. The risk to Bumi Resources' refinancing plans from a shareholder-initiated investigation is another rating weakness. The company's sizable high-quality coal reserves, low production costs, and favorable medium-term prospects for coal exports in Asia-Pacific partially offset the above weaknesses.

      Bumi Resources will continue to face refinancing risk over the coming months, in our opinion. The company and its subsidiaries have about US$700 million of debt due for refinancing until the end of 2013. The bulk of the debt is due in the third and fourth quarters of 2013. We include financial leases and debt at Bumi Resources' subsidiaries PT Multi Daerah Bersaing and PT Bumi Resources Minerals Tbk. in our debt calculation. Bumi Resources' key shareholder, Bumi PLC (not rated), is investigating potential financial and other irregularities at its Indonesian operations, especially in relation to Bumi Resources. The investigation could weaken Bumi Resources' position in the capital markets, test its ability to refinance its debt maturities, and increase funding costs over the next 12 months, in our view.

      Bumi Resources' capital structure will remain weak over the next 12 months because of its high debt and interest cost, in our opinion. We expect the company's debt to remain at about US$4.5 billion with an average cost of debt of more than 12% over the next 12 months, at least. We do not expect Bumi Resources' plans to monetize its non-coal assets for debt repayments to materialize over the next 12 months. In our base-case scenario, Bumi Resources is unlikely to get about US$500 million in total receivables from PT Recapital Asset Management and PT Bukit Mutiara over the next 12 months, further limiting the company's ability to deleverage.

      We believe Bumi Resources' internal cash flows, its most likely source of funds for repaying debt, will be limited over the next 12-18 months. Weak thermal coal prices and still-high production costs will likely compress margins further in the second half of 2012, while financing costs and taxes remain high. We believe Bumi Resources' production will be close to our base-case expectation of 71 million-72 million tons of coal in 2012. This takes into consideration rain-related disruptions in the first half of 2012 and a likely improvement in performance in the second half of the year. Favorable weather and the commencement of a new conveyor belt will propel the improvement in operating performance. Nevertheless, contractor underperformance in the second half of 2012 and in 2013 remains a risk, in our view. We believe the measures that Bumi Resources is currently implementing to improve production and lower production costs may take time to fully translate into substantial incremental cash flows.

      Bumi Resources' gross profit per ton of coal sold (excluding depreciation and amortization) is broadly in line with our expectation, despite the fall in coal prices since the beginning of 2012 and still-high mining, fuel, and mining contractor costs. The company's gross profit per ton declined to about US$29.7 in the first half of 2012, as we had expected, from US$39 in 2011. We expect gross profit per ton of coal sold (excluding depreciation and amortization) at US$28-US$32 in 2012 and US$24-US$26 in 2013. This should translate to an EBITDA margin of 20%-24% in 2013.

      Liquidity

      We assess Bumi's liquidity as "adequate," as defined by our criteria. We expect the company's sources of funds to exceed its uses by more than 1.5x in 2012, and be less than 1.0x in 2013. Our liquidity assessment is based on the following factors and assumptions:

      -- Sources of liquidity include annual funds from operations (FFO) of US$300 million in 2012 and 2013. As of June 30, 2012, Bumi Resources' cash balance is US$121 million and restricted cash is US$106 million. Proceeds from the sale of PT Fajar Bumi Sakti could bring in US$100 million. But the timing of the sale is uncertain; we have therefore not included it in liquidity sources.

      -- We also consider US$110 million bank deposit at Bumi Resources' subsidiary PT Bumi Resources Minerals as an additional source of liquidity.

      -- Key uses of cash include scheduled debt maturities of more than US$700 million till the end of 2013. We also factor in capital spending of US$160 million in 2012 and US$300 million in 2013.

      -- Uses also include dividend payments of about US$42 million in 2012 and US$48 million in 2013.

      We believe Bumi Resources' access to capital markets remains adequate as its ability to raise debt from bank loans, bonds, and equity markets illustrates. However, we believe the company's cost of borrowing will remain elevated. We may revise our liquidity assessment to "less than adequate," if, over the next six months, Bumi Resources is unable to finalize refinancing for its key debts maturing in 2013.

      CreditWatch

      Resolution of the negative CreditWatch placement and the extent of any future rating action will depend on the timing, progress, and outcome of the investigation. In resolving the CreditWatch, we will also consider whether this event has a prolonged negative impact on the company's future access to the capital markets for refinancing.

      Related Criteria And Research

      -- Business Risk/Financial Risk Matrix Expanded, Sept. 18, 2012

      -- 2008 Corporate Criteria: Analytical Methodology, April 15, 2008
      Avatar
      schrieb am 07.11.12 09:38:34
      Beitrag Nr. 3.242 ()
      S&P
      http://www.reuters.com/article/2012/11/05/idUSWLA57422012110…

      ===============================================================================

      Summary analysis -- PT Bumi Resources Tbk. ------------------------ 05-Nov-2012

      ===============================================================================

      CREDIT RATING: B+/Watch Neg/-- Country: Indonesia

      Primary SIC: Oil and gas

      exploration

      services

      ===============================================================================

      Credit Rating History:

      Local currency Foreign currency

      26-Sep-2012 B+/-- B+/--

      13-Aug-2012 BB-/-- BB-/--

      30-Oct-2009 BB/-- BB/--

      ===============================================================================

      Rationale

      The rating on PT Bumi Resources Tbk. reflects the Indonesian coal producer's high leverage with high-cost debt and its single mineral and mine concentration risk. The risk to Bumi Resources' refinancing plans from a shareholder-initiated investigation is another rating weakness. The company's sizable high-quality coal reserves, low production costs, and favorable medium-term prospects for coal exports in Asia-Pacific partially offset the above weaknesses.

      Bumi Resources will continue to face refinancing risk over the coming months, in our opinion. The company and its subsidiaries have about US$700 million of debt due for refinancing until the end of 2013. The bulk of the debt is due in the third and fourth quarters of 2013. We include financial leases and debt at Bumi Resources' subsidiaries PT Multi Daerah Bersaing and PT Bumi Resources Minerals Tbk. in our debt calculation. Bumi Resources' key shareholder, Bumi PLC (not rated), is investigating potential financial and other irregularities at its Indonesian operations, especially in relation to Bumi Resources. The investigation could weaken Bumi Resources' position in the capital markets, test its ability to refinance its debt maturities, and increase funding costs over the next 12 months, in our view.

      Bumi Resources' capital structure will remain weak over the next 12 months because of its high debt and interest cost, in our opinion. We expect the company's debt to remain at about US$4.5 billion with an average cost of debt of more than 12% over the next 12 months, at least. We do not expect Bumi Resources' plans to monetize its non-coal assets for debt repayments to materialize over the next 12 months. In our base-case scenario, Bumi Resources is unlikely to get about US$500 million in total receivables from PT Recapital Asset Management and PT Bukit Mutiara over the next 12 months, further limiting the company's ability to deleverage.

      We believe Bumi Resources' internal cash flows, its most likely source of funds for repaying debt, will be limited over the next 12-18 months. Weak thermal coal prices and still-high production costs will likely compress margins further in the second half of 2012, while financing costs and taxes remain high. We believe Bumi Resources' production will be close to our base-case expectation of 71 million-72 million tons of coal in 2012. This takes into consideration rain-related disruptions in the first half of 2012 and a likely improvement in performance in the second half of the year. Favorable weather and the commencement of a new conveyor belt will propel the improvement in operating performance. Nevertheless, contractor underperformance in the second half of 2012 and in 2013 remains a risk, in our view. We believe the measures that Bumi Resources is currently implementing to improve production and lower production costs may take time to fully translate into substantial incremental cash flows.

      Bumi Resources' gross profit per ton of coal sold (excluding depreciation and amortization) is broadly in line with our expectation, despite the fall in coal prices since the beginning of 2012 and still-high mining, fuel, and mining contractor costs. The company's gross profit per ton declined to about US$29.7 in the first half of 2012, as we had expected, from US$39 in 2011. We expect gross profit per ton of coal sold (excluding depreciation and amortization) at US$28-US$32 in 2012 and US$24-US$26 in 2013. This should translate to an EBITDA margin of 20%-24% in 2013.

      Liquidity

      We assess Bumi's liquidity as "adequate," as defined by our criteria. We expect the company's sources of funds to exceed its uses by more than 1.5x in 2012, and be less than 1.0x in 2013. Our liquidity assessment is based on the following factors and assumptions:

      -- Sources of liquidity include annual funds from operations (FFO) of US$300 million in 2012 and 2013. As of June 30, 2012, Bumi Resources' cash balance is US$121 million and restricted cash is US$106 million. Proceeds from the sale of PT Fajar Bumi Sakti could bring in US$100 million. But the timing of the sale is uncertain; we have therefore not included it in liquidity sources.

      -- We also consider US$110 million bank deposit at Bumi Resources' subsidiary PT Bumi Resources Minerals as an additional source of liquidity.

      -- Key uses of cash include scheduled debt maturities of more than US$700 million till the end of 2013. We also factor in capital spending of US$160 million in 2012 and US$300 million in 2013.

      -- Uses also include dividend payments of about US$42 million in 2012 and US$48 million in 2013.

      We believe Bumi Resources' access to capital markets remains adequate as its ability to raise debt from bank loans, bonds, and equity markets illustrates. However, we believe the company's cost of borrowing will remain elevated. We may revise our liquidity assessment to "less than adequate," if, over the next six months, Bumi Resources is unable to finalize refinancing for its key debts maturing in 2013.

      CreditWatch

      Resolution of the negative CreditWatch placement and the extent of any future rating action will depend on the timing, progress, and outcome of the investigation. In resolving the CreditWatch, we will also consider whether this event has a prolonged negative impact on the company's future access to the capital markets for refinancing.

      Related Criteria And Research

      -- Business Risk/Financial Risk Matrix Expanded, Sept. 18, 2012

      -- 2008 Corporate Criteria: Analytical Methodology, April 15, 2008
      Avatar
      schrieb am 12.11.12 20:28:54
      Beitrag Nr. 3.243 ()
      Jakarta Globe



      Bumi Minority Shareholders at Risk in Dispute, PT Schroder Says
      November 12, 2012


      Minority shareholders of PT Bumi Resources are at risk as the coal miner faces two probes into its finances and is part of a dispute between Nathaniel Rothschild and Indonesia’s Bakrie family, said PT Schroder Investment Management Indonesia.

      Bumi Resources, Indonesia’s top producer of power-station coal, said a court on Nov. 9 approved an independent investigation into its accounts dating back to 2010.

      Bumi Resources is part-owned by the Bakrie family, while London- listed Bumi Plc has 29 percent.

      The probe was prompted by the company’s audit committee “in view of the public notifications by a shareholder, Bumi Plc, and various reports, both in international and local media,” Jakarta-based Bumi Resources said that day.

      The dispute between Rothschild, who co-founded Bumi Plc in 2010, and the Bakries, intensified this year after the London- listed company started an inquiry into “potential financial and other irregularities” at its Indonesian operations, Bumi Resources and PT Berau Coal Energy Tbk.

      Rothschild has since quit the board of Bumi Plc and is leading a proposal to buy the assets of the London-listed company that rivals an offer from the Bakries.

      “This dispute is probably going to drag on for a while,” Michael Tjoajadi, president director PT Schroder, which holds shares in Bumi Resources, said from Jakarta. “A dispute like this, involving the majority shareholders, could distract the company and hurt its performance.”

      Bumi Resources fell 1.5 percent to Rp 640 at 11:38 a.m. in Jakarta. The stock is down 71 percent this year. Bumi Plc added 1.2 percent to 276.90 pence in London on Nov. 9 and is down 69 percent this year.

      Forensic Audit

      The so-called forensic audit will focus on the accounts for the financial years of 2010 through 2012, Bumi Resources said. Reports from the probe are due to the Chief Justice of the District Court of South Jakarta within 90 days of the appointment of an auditor.

      London-based Bumi said in a statement on Nov. 9 that it noted the announcement and “has no further information on the matter at this time.”

      Bumi Plc said on Nov. 5 it had received a proposal for its assets from Rothschild. It was contained in a letter from Rothchild’s NR Investments that gave no details of the proposal.

      The Bakries have offered $1.2 billion for Bumi Plc’s stake in Bumi Resources and the 85 percent it has in PT Berau Coal Energy.

      Irreconcilable Differences

      The Bakries made their offer last month to help resolve “irreconcilable differences” with Rothschild. The financier has described the Bakries’ offer as not being in the interests of investors.

      The probe instigated by Bumi Plc on Sept. 24 is linked to a $637 million writedown of development funds and exploration assets in Bumi Plc’s Dec. 31, 2011, year-end financial statement.

      London-listed Bumi won’t make a recommendation on any possible transaction until the investigation is “appropriately advanced,” the company said Nov. 5.

      Bloomberg
      Avatar
      schrieb am 13.11.12 10:24:54
      Beitrag Nr. 3.244 ()
      13.11.2012--Asien--An den asiatischen Börsen hat am Dienstag weiterhin die US-Fiskalklippe einer Kurserholung im Weg gestanden. Besonders in Australien ging es kräftig bergab, und auch in Japan konnte der zunächst schwächere Yen den Aktien nur kurzzeitig Auftrieb verleihen. Anfangs schien es noch, als hätten die Märkte nach den Verlusten der Vortage einen Boden gefunden, aber im Handelsverlauf sackten die Kurse zumeist weiter ab. Seit US-Präsident Barack Obamas Wiederwahl vergangene Woche kennen die asiatischen Börsen fast nur eine Richtung: nach u n t e n.

      Neben der US-Fiskalklippe beherrschte auch die Zukunft Griechenlands die Börsianergespräche. Es überwogen trotz einer Streckung der Sparauflagen um zwei Jahre die Fragezeichen. Die Anleger in Australien witterten deswegen Ungemach und trieben den S&P/ASX 200 mit minus 1,5 Prozent auf das Sechs-Wochen-Tief von deutlich unter 4.400 Zählern. "Es gab keine Verbesserungen in der europäischen Staatsschuldenkrise oder bei der US-Fiskalklippe", sagte Analyst James Rosenberg von Macquarie Private Wealth in Australien.

      Ansonsten blickten die Märkte auch gebannt nach Peking zum Kongress der Kommunistischen Partei. Es wird erwartet, dass in der größten Volkswirtschaft Asiens auf dem Parteitag nunmehr die neue Führungsspitze des Landes präsentiert wird. Mehr Klarheit über die neue Staatsführung könnte die Unsicherheit über die künftige politische Richtung verringern, erwarteten Marktteilnehmer. Dies wiederum dürfte die Anlegerstimmung für das Reich der Mitte heben.

      An der Börse in Schanghai ist von solchem Optimismus aber noch wenig zu spüren. Der Index ging um 1,5 Prozent in die Knie. Die Märkte hoffen zwar auf frischen Wind von der neuen Regierung und wirtschaftsfreundliche Entscheidungen. Aber da vorerst nichts feststeht, dominierten am Dienstag die Kursabgaben...
      Avatar
      schrieb am 13.11.12 22:18:27
      Beitrag Nr. 3.245 ()
      Jim Armitage: Bumi fiasco casts a cloud over the President's tea party at the Palace
      Indonesia risks gaining the same reputation as Russian mineral firms on Wall St


      http://www.independent.co.uk/news/business/comment/jim-armit…


      London SW1 has felt like one of the thousands of little islands that make up Indonesia these past few days.

      It's all because the country's president is in town, meeting and greeting our royals, ambassadors and, of course, business leaders (we know what these jaunts are really all about).

      The lavishly named President Susilo Bambang Yudhoyono and his missus were given a jolly good show by our royals. Not to mention the Prime Minister and other top dogs of the establishment. The Queen even put them up in the spare room at Buckingham Palace.

      I have to admit, I wasn't aware of the Yudhoyonos' arrival until I found my cycle route to a meeting in Westminster was blocked by a 21-gun salute in Green Park. Rather annoying, frankly.

      But we must look to the bigger picture here. That is to say, we really must cozy up to Indonesia because it's one of those resources-rich, explosively fast-growing nations. You know, the ones that Goldman Sachs would have squeezed into their fabled BRIC acronym, had it been able to get the initials to scan right. BRICI just didn't sound cool enough, and rhymes unfortunately with "sticky".

      The stats being put out by the Department of Business, Innovations and Skills say it all really. Indonesia's economy is expected to outgrow ours by 2030, it has a middle class as vast as India's and, with 238 million inhabitants, it's the world's third largest democracy, having made a relatively painless transition from dictatorship since the resignation of the military-minded President Suharto in 1998.

      As you would expect, Yudhoyono signed a whole bunch of trade deals with British firms, including a BP liquefied natural gas project and big collaborations on defence and education.

      It was all going swimmingly in fact, until, just as the President was meeting British businessmen over tea at St James's Palace yesterday afternoon, the news broke that Nat Rothschild was lining up his guns for a counterbid for Bumi's coal assets. Yep, the Bumi fiasco was well and truly back.

      Nat's plan, to remove the Bakrie family members and chairman Samin Tan as investors, is indeed a rather dramatic twist to those following the Bumi saga. But, while it may be a fascinating tale for the specialists in the City, why would a bit of bickering among two groups of private investors spoil the cucumber sandwiches in the palace throne room? Well, because it has highlighted a frightening side to doing business in Indonesia.

      Bumi was the first major company from the country to achieve a listing in London. It was projected as being a relatively risk-free way of Western investors getting exposure to the fast-growing but somewhat wild business environment there. Rothschild placed his reputation on the line by promising London-quality corporate governance of a business with emerging markets-quality growth rates.

      But it has been an unmitigated embarrassment. Not only for Rothschild, who fell out with his Indonesian partners after finding alleged mismanagement in the business on a grand scale, but also for Indonesia itself.

      The Bakrie family are one of Indonesia's most powerful and controversial dynasties, and have clearly acted badly towards minority shareholders. Meanwhile, the clear impression Western investors will get from the whole fiasco is that the country is dangerous. It risks gaining the same reputation as Russian minerals companies have been getting among investors on Wall Street, after repeated scandals about misreporting of crucial financial numbers.

      However, Yudhoyono and others in his Democratic Party might not be entirely displeased. One of the Bakrie family scions, Aburizid Bakrie, has been selected to lead the Golkar Party's election battle for 2014. Golkar are part of the Democratic coalition but have been regular critics of Yudhoyono, something of a thorn in his side.

      So perhaps we shouldn't be too surprised to read that the President's newly-appointed investment honcho, Chatib Basri, went on the record to the Financial Times this week to condemn the Bumi affair. He said it set a "bad precedent" for the country and that it was seen internationally as a fault of the government.

      The country must, he said, look at improving the corporate governance standards of its stock market companies. Otherwise, the penalties could be huge.

      He is surely right. OK, they may have masses of gas and coal underground. They may have a whopping great population (which can, frankly, cause as many problems as benefits), but if it is not seen as being a safe place to invest, then the kind of rapid inward investment it has enjoyed may not last for too long. Although the shares bounced up yesterday, investors who bought them at their peak of £14 last year have lost 80 per cent of their money.

      Understandably that makes fund managers cross, particularly when they had concerns about issues like the Bakries' debts in the first place. The current probe into financial irregularities, they say with hindsight, hands slapped firmly to foreheads, was so inevitable from the outset "why did we ever sign up?"

      While there had been no falling-off of investment into the country as yet from the Bumi affair, that could change, Mr Basri warned. "I am worried because there is not much pressure for reform today. I am afraid that when things go wrong it will be too late to reform," he said.

      The trouble for Indonesia doesn't just stem from the activities of the Bakries in Bumi. There have been recent crackdowns on foreign companies owning assets like mines and banks which smell to Western free marketeers of protectionism. Certainly a backward step along the road away from dictatorship.

      Basri argues this is not the case, and that reforms are still heading in the right direction.

      But the President must step carefully if his trip to London this week is to reap the kind of benefits he, and the British government, had hoped for.
      Avatar
      schrieb am 28.11.12 12:31:29
      Beitrag Nr. 3.246 ()
      JAKARTA 27.11.12 - PT Bumi Resources Tbk, which is affiliated with the Bakrie Group, recorded a total of US$3.79 billion of debt maturing until 2017 and are planning a number of strategies to reduce them.

      Bumi Resources (BUMI-coded stock) notes only US$17 million of debt which will be due in the fourth quarter of this year. The remaining of US$245.5 million will mature next year.

      Meanwhile, the US$1.23 billion will bematuring in 2014 and US$1.06 billion in 2015. In 2016, the amount of debt to be paid is US$530 million and the remaining of US$700 million in 2017.

      The number does not include total debt of its subsidiaries. International rating agencies, Moody's and S & P, have lowered the outlook of Bumi’s debt to B + from BB-.

      The Company's presentation materials mentioned a number of strategies to reduce debt including coal production target of 100 million tons in 2014.

      In addition, the company os facing a financial investigation by an independent auditor and its parent company in London which plans to monetize assets outside its core business.


      JAKARTA 28.11.12 - Bumi Resources fell the most in two months to its lowest close in almost four years amid concern about the company’s ability to pay its bills, following an announcement that its total debt stood at $3.8 billion.

      Shares of Indonesia’s largest coal miner fell 6.8 percent, the biggest decline since Sept. 24, to Rp 550 on the Indonesia Stock Exchange (IDX) on Tuesday.

      The stock had not closed that low since Feb. 4, 2009.

      “Investors see that the company is heavily indebted, [which] makes them hesitant to buy shares,” Edwin Sinaga, president director of brokerage firm Financorporindo Nusa, said on Tuesday.

      In a filing to the IDX on Monday, Bumi Resources said that its total debt was due between 2012 and 2017.

      “[It’s] nothing new — that’s the number in all our previous disclosures,” said Dileep Srivastava, a director at Bumi Resources, via e-mail on Tuesday.

      He noted the company has been bombarded by negative media coverage because of its debt, while shareholder rifts are adding pressure on the firm internally.

      Bumi Resources’ debt-to-common equity ratio is 489 percent, compared to 74 percent for Astra International, the biggest publicly traded company, according to Bloomberg data. Its market capitalization is Rp 11.4 trillion, compared to Astra’s Rp 315.8 trillion, Bloomberg data show.

      Bumi Resources, controlled by the Bakrie Group, has been at the center of investors’ attention in the past few months due to a high-profile dispute involving Bumi Plc co-founder Nathaniel Rothschild and the Bakrie family. 

      Srivastava said Bumi Resources “[does] not comment on shareholders as a matter of policy.”

      Falling coal prices have also contributed to the 74 percent drop in share prices this year. It posted a net loss of $322 million in the first half, turning from $231.7 million in profit for the same period last year.

      “Bumi is a super beta stock,” Srivastava said, referring to the stock’s volatility relative to the market.

      He added that “nothing has changed overnight.” He said the company is focusing on “higher production” targets. It seeks to increase its coal mining production to 100 million metric tons of coal by 2014 from its 2012 estimate of 75 million tons.

      Bumi Resources is “strengthening internal cash generation through higher volume and monetizing non-core assets at profit to repay [the] debt,” Srivastava said.

      He added that the company’s priority is settling the remaining $1.3 billion in debt owed to the China Investment Corporation “far ahead of maturity dates.”

      Srivastava said last month that Bumi Resources is committed to disposing its secondary assets and its mineral mining arm, Bumi Resources Minerals.

      Michael Tjoajadi, the president director at Schroder Investment Management Indonesia, was quoted by Bloomberg on Nov. 12 as saying that Bumi Resources’ minority shareholders are at risk, as the coal miner faces two probes into its finances and is part of a falling out between Nat Rothschild and the Bakrie family.

      Shares have plunged 74 percent this year. On Dec. 30, each share was valued at Rp 2,175...


      JAKARTA 28.11.12 - Indonesia’s Bumi Resources forecasts coal production in 2012 at 75 million tonnes, rising to 85 million tonnes in 2013, Bumi director and corporate secretary Dileep Srivastava told an investment summit in Jakarta on Wednesday.

      The company is to submit to a second independent investigation into its accounts, after lawyers for London-based shareholder Bumi Plc in September began a probe into alleged financial irregularities.

      Bumi Plc, co-founded by the politically connected Bakrie family and financier Nat Rothschild, own 29 percent of the Indonesian company.
      Avatar
      schrieb am 03.12.12 22:36:41
      Beitrag Nr. 3.247 ()
      JAKARTA (Indonesia Today) - Bumi Resources (BUMI), the largest coal producer in Indonesia, has dropped out of Top 50 stocks on Indonesia Stock Exchange (IDX) by market capitalization.
      Avatar
      schrieb am 10.12.12 19:51:39
      Beitrag Nr. 3.248 ()
      Reuters:


      UBS Investment Research added Indonesian cigarette maker PT Gudang Garam Tbk to its most preferred stock list, citing the company's ability to raise product prices.
      "We think Gudang Garam (Xetra: 887246 - news) 's ability to raise prices is now helped by a widening price gap, a potential fix of its product portfolio and rising minimum wages," UBS (NYSEArca: DJCI - news) wrote in a note on Monday.
      The research house's top picks included state-owned lender Bank Negara Indonesia, coal miner Perusahaan Tambang Bukit Asam, car maker Indomobil Sukses Internasional and cement producer Semen Gresik (Other OTC: PSGTF.PK - news) .
      Its (Euronext: ALITS.NX - news) least preferred stocks are consumer retailer Unilever (Frankfurt: A0JNE2 - news) Indonesia, state-owned lender Bank Mandiri (Jakarta: BMRI.JK - news) and coal miner Bumi Resources (Jakarta: BUMI.JK - news) .
      "Bumi Resources' operations reflect operational and non-operational risk. Operational risks to our earnings forecast and valuation include fluctuation in coal and oil price, and operational disruptions which may adversely affect the company's operation. Non-operational risks include investment strategy into non-coal business, and changes in government regulations," the note added.
      The broader Indonesian stock index was up 0.28 percent.
      1120 (0420 GMT)
      Avatar
      schrieb am 10.12.12 20:04:27
      !
      Dieser Beitrag wurde vom System automatisch gesperrt. Bei Fragen wenden Sie sich bitte an feedback@wallstreet-online.de
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      schrieb am 10.12.12 20:06:59
      Beitrag Nr. 3.250 ()
      http://uk.finance.yahoo.com/news/law-firm-investigates-deali…


      Law firm investigates dealings at miner Bumi

      By Alistair Osborne

      Überblick über das Gemengelage.
      Avatar
      schrieb am 12.12.12 16:58:45
      Beitrag Nr. 3.251 ()
      LONDON-11.12.2012: Financier Nat Rothschild said he had secured the support of 11 investors including Abu Dhabi, Schroders and Standard Life as he seeks to counter efforts by his former partners in Bumi to dismantle the coal mining venture.

      Rothschild has been battling Indonesia’s politically influential Bakrie family since they announced a $1.4 billion bid in October to buy back operating assets they had brought to the venture, effectively unwinding Bumi and bringing months of shareholder tension to a head.

      Hedge fund veteran Rothschild, who founded Bumi with the Bakries two years ago, resigned from the board days later in order to fight the proposal. He has since been rallying new and existing investors, hoping to revive the venture and his deal-making reputation along with it.

      "My understanding is that the thresholds required by the Bakries to see their proposal succeed cannot now be reached," he said in a statement.

      A Bakrie spokesman could not be reached for comment. Bumi confirmed it had received a letter from Rothschild but did not comment further.

      Bumi's shares have fallen more than 75 percent since June last year, hit by falling coal prices, shareholder battles and a probe into allegations of wrongdoing at the group's Indonesian operations.

      Detailing a letter sent to Bumi's board last week, Rothschild said the investors had committed to injecting fresh cash into Bumi - a total of $342.5 million including Rothschild's own commitment to put in $75 million.

      Sources familiar with the matter said that including Rothschild's own 12 percent shareholding, those supporting his bid accounted for some 27 percent of Bumi's voting rights, potentially a minority strong enough to block the Bakrie move.

      The 11 investors include five top institutional shareholders in Bumi: Abu Dhabi Investment Council, which is the investment arm of the Abu Dhabi government, and fund managers Schroders, Standard Life Investments, Taube Hodson Stonex and Artemis.

      Other investors supporting him include mining entrepreneur Robert Friedland and Indonesian investor Hashim Djojohadikusomo, owner of the Arsari group of companies and brother of former general and current presidential candidate, Prabowo Subianto.

      In Rothschild's alternative proposal, Bakrie-supporting shareholders would be bought out, while Bumi would keep some coal assets, namely majority-owned Berau Coal.

      He said in the letter to Bumi's board that the investors were ready to put up cash to "remove completely the Bakries and their allies from the Bumi Plc shareholder register".

      Bumi Plc’s board meets on Wednesday.




      JAKARTA-12.12.2012: Indonesia’s Bakrie Group expressed doubt that Nathaniel Rothschild has gained support for his proposal to unwind a $3 billion deal the financier and the Bakries forged two years ago to create London-listed Bumi Plc.

      Rothschild said on Dec. 10 investor support for his proposal to Bumi had widened to include the top-five institutional shareholders and he had gained commitments totaling $342.5 million, including $75 million from his own funds. He hasn’t publicly disclosed details of the proposal.

      “We are skeptical that Mr. Rothschild really had secured the support he claimed to have,” Chris Fong, a spokesman for Bakrie Group, said in e-mailed comments late yesterday. “About half the votes he claims to have assembled arise from bonus shares he and his acolytes were given for creating Bumi — something which has been a manifest disappointment.”

      At the heart of the dispute are interests in coal deposits conveniently located for shipment to China, the world’s largest user of the fuel. Bumi was co-founded by Rothschild and the Bakries in 2010 through a deal that listed stakes of Indonesian producers Bumi Resources and Berau Coal Energy in London. The feud intensified this year as investor losses mounted, and Rothschild quit the Bumi Plc board in October.

      In October, Bakrie tabled a $1.2 billion offer to buy back the 29 percent stake of Bumi Resources and the 85 percent stake in Berau owned by Bumi Plc. Rothschild put forward an alternative proposal, Bumi said in a Nov. 5 statement.

      Characterization Challenged

      Rothschild disputed Fong’s characterization of support for his proposal.

      “Chris Fong’s math is wrong along with his understanding of the UK takeover code,” Rothschild said in an e-mail to Bloomberg News. “Not only do we have overwhelming support of minority investors to block the Bakrie proposal, we have strong and well-tested rules to stop the suppression of minority shareholders in the United Kingdom.”

      Rothschild said on Oct. 12 that he and other minority shareholders are concerned that even with a Bakrie exit from Bumi Plc, the company “would still face a concentration of ownership by a small number of closely related parties and such challenges would remain.”

      Bumi Plc chief executive Nalinkant Rathod hasn’t resigned, Fong said in the e-mail, referring to a Dec. 11 report in London’s Telegraph newspaper that Rathod was expected to step down today. The newspaper didn’t say where it got the information. Rathod is a Bakrie associate, and his departure would follow that of former Bumi Co-Chairman Indra Bakrie, who quit the board last week, the report said.

      ‘Not Resigned’

      “Nalin Rathod has not resigned, there is no reason for him to do so,” Fong wrote in the e-mail. “He may step aside while the review process of our offer is discussed. If that were to happen, it would be for greater procedural transparency considering Mr. Rathod is viewed as a Bakrie associate.”

      Calls to Rathod’s mobile phone today weren’t answered.

      Indra Bakrie told Bumi in a letter he was leaving “because the initial objective of the Bakrie Group in pursuing a London listing had not been met,” resulting in the October proposal to exit the investment, Bumi said in a Dec. 7 statement.

      Bumi Plc Chairman Samin Tan said in a Nov. 15 interview he would support Bakrie’s proposal, which he said could bring the Bumi Plc share price to 5 pounds to 6 pounds, compared with yesterday’s close of 284.6 pence in London.
      Avatar
      schrieb am 12.12.12 17:20:13
      Beitrag Nr. 3.252 ()
      JAKARTA 12.12.2012: Although the conflict between Nathaniel Rothschild and Bakrie Group in Bumi Plc continues to heat up, Indonesia Stock Exchange will not suspend the shares trading of PT Bumi Resources Tbk and PT Berau Coal Energy Tbk.

      Currently, Bumi Plc controlled 29.2% stake in Bumi Resources (BUMI) and 84.7% in Berau Coal Energy (BRAU). Bumi Plc is owned by Bakrie Group and PT Borneo Lumbung Energi & Metal Tbk with ownership of 23.8% respectively, followed by Rosan Roeslani through Bukit Mutiara 10%, Nathaniel Rothschild 10%, and the rest is owned by public.

      Indonesia Stock Exchange (IDX) President Director Ito Warsito stated that the market authority has no reason to suspend the trading of BUMI-coded stock and BRAU-coded stock because the conflict is between the shareholders and not inside the management of both companies.

      “It is not a problem as long as the conflict does not affect the performance of the two companies,” he said, Wednesday (12/12).

      Indonesia investors, he added, are quite capable of addressing the conflict so that market speculation is not going to happen.

      “Our investors are able to take into account all the potential that may emerge from the conflict. There is no need to worry and we do not need to suspend them,” Ito said.

      However, IDX will continue to monitor the issues surrounding the conflict to ensure the impact on the performance of BUMI and BRAU.


      12.12.2012 - 14:54pm - StockMarketWire.com - Bumi has received a near final version of an independent investigation into financial irregularities at its 29%-held PT Bumi Resources.

      Bumi's board is now evaluating all legal and commercial options available to it and has been engaging actively with UK regulators and will continue to do so as appropriate.

      At 2:54pm: [LON:BUMI] share price was -10.95p at 273.65p


      ACHTUNG: ca.16:00pm [LON:BUMI] share price was 265.75p -18.85p (-6.62 %)
      Avatar
      schrieb am 12.12.12 17:29:53
      Beitrag Nr. 3.253 ()
      Avatar
      schrieb am 13.12.12 17:28:51
      Beitrag Nr. 3.254 ()
      JAKARTA-13.12.2012: Investigation of Bumi Plc over PT Bumi Resources Tbk and PT Berau Coal Energy Tbk did not find any fault related the allegation of fraud on their material assets.

      The management of Bumi Plc in a release said the Company has received final report on the investigation of Macfarlanes LLP over those miners.

      "Now we are evaluating all legal and commercial options and we continue to stick on to the UK regulator," said Board of Directors of Bumi Plc in the announcement published yesterday (12/12) London time.

      Bumi Plc has also conducted technical investigation over shows hacking activity over the electronic mail of Samin Tan.

      Related to the NR Investment’s proposal to buy shares in Bumi Plc delivered by Nat Rothschild, Board of Directors has ensured that the shareholders of Bumi Plc will not divest their shares.

      The shareholders who refused to divest their shares refer to PT Borneo Energy (Samin Tan) and PT Bukit Mutiara (Rosan P. Roeslani).

      The refusal of Samin and Rosan over the NR Investment’s proposal show their attitude toward Bakrie Group.

      Beyond this refusal, the board also decided to replace its chief executive officer Nalin Rathod with Nick von Schirnding who previously chaired as the Company’s spokesperson.

      Rathod who retired on December 31, 2012 will be served as the Non-Independent and Non-Executive Director of Bumi Plc.

      As reported on last September, Bumi Plc conducted an investigation into alleged financial deviation at the Company’s two assets in Indonesia, BUMI and BRAU.


      JAKARTA-13.12.2012: Coal miner Bumi Plc said Thursday it will likely side with Indonesia's powerful Bakrie family in a tussle with British tycoon Nathaniel Rothschild for control of the country's lucrative mines.

      The Bakries — who control the Jakarta-listed Bumi Resources — have offered to sell their 23.8 percent stake in Bumi Plc and split from the company in return for control over several key mines in Indonesia.

      "The infighting has gone on too long and a separation from Bumi Resources is what everyone wants, including both the Bakries, Nat Rothschild, as well as the majority of our independent shareholders," investor relations head Nick von Schirnding, told AFP.

      After a board meeting on Wednesday, London-listed Bumi Plc released a statement saying it was "working towards a transaction which separates the Bakrie Group from the company and divests the minority interest in Bumi Resources."

      Rothschild's NR Investments said in a statement it would "continue to explore all possible avenues to achieving proper corporate governance at the PLC and its companies."

      "We are disappointed that the board has not backed our alternative proposal regarding the future of the company," the statement said, adding that the board had "ignored the stated wishes of minority investors."

      If the Bakries' proposal is accepted, the Bakrie Group would take away around a third of its 29 percent stake in Bumi Resources, Asia's biggest thermal coal producer, and buy the rest for $278 million leaving them completely divested.

      The Bakrie Group has also offered to buy Bumi's Berau Coal, Indonesia's fifth-biggest coal mine, also eyed by Rothschild. Bumi, however, said it has no intention to sell Berau.

      Bumi Plc was co-founded by Rothschild and the Bakries in 2011 in a bid to become one of the biggest global players in the coal industry and leverage Indonesian coal firms, including Bumi Resources, to London.

      The Jakarta-listed Bumi Resources is the country's biggest thermal coal miner and is the heartbeat of Bakries' business empire.

      The rift peaked last year when Bumi ordered an independent probe into allegations concerning potential financial irregularities in Bumi Resources, which was followed by the Rotshchild's resignation and one of the Bakrie brothers from the board.

      The board said it could not recommend a course of action until the probe ended.

      The Bakries have blamed Rothschild over the battle that has caused Bumi to see its share slumped more than 70 percent this year.

      "We find it extraordinary that Mr Rothschild continues to blame others while refusing to accept that he alone is responsible for this financial bloodbath," a Bakrie Group Senior Vice President, Chris Fong, said.

      "His outrageous hunger for complete control over these assets are his own undoing, he now needs to stand up and accept that we have all had enough of his baseless ranting," Fong said.
      Avatar
      schrieb am 14.12.12 22:10:18
      Beitrag Nr. 3.255 ()
      was soll die panikmache ?

      Die plc stand schon bei 150 hat also schon eine verdopplung hinter sich
      Avatar
      schrieb am 03.01.13 12:33:32
      Beitrag Nr. 3.256 ()
      Bumi Resources verkündet seinen historisch größten Verlust für die letzten drei Quartale: Minus 632,49 Mio USD.


      http://online.wsj.com/article/SB1000142412788732337450457821…
      Avatar
      schrieb am 03.01.13 17:28:33
      Beitrag Nr. 3.257 ()
      Wann lohnt sich denn hier wieder der Einstieg?

      Gruß Tiffi76le
      Avatar
      schrieb am 04.01.13 17:39:18
      Beitrag Nr. 3.258 ()
      Hier sind die Kurs- und Umsatzzahlen für die letzten 30 Handelstage an der Börse in Jakarta.
      Die Bekanntgabe der Q3 Zahlen hat keinen signifikanten Eindruck hinterlassen.
      Insgesamt scheint sich ein Boden zu bilden.



      1 04-Jan-2013 600,00 620,00 580,00 600,00 36.736.500,00 22.239.800.000,00 1.252,00
      2 03-Jan-2013 620,00 630,00 580,00 590,00 70.001.500,00 42.244.995.000,00 2.425,00
      3 02-Jan-2013 590,00 640,00 590,00 620,00 31.913.000,00 19.759.250.000,00 974,00
      4 28-Des-2012 600,00 620,00 590,00 590,00 25.062.000,00 15.087.055.000,00 704,00
      5 27-Des-2012 590,00 620,00 590,00 600,00 20.262.500,00 12.237.520.000,00 699,00
      6 26-Des-2012 590,00 610,00 590,00 600,00 12.819.500,00 7.670.510.000,00 421,00
      7 21-Des-2012 600,00 600,00 570,00 600,00 55.766.500,00 32.777.395.000,00 1.215,00
      8 20-Des-2012 600,00 600,00 590,00 600,00 19.808.500,00 11.763.620.000,00 661,00
      9 19-Des-2012 620,00 620,00 590,00 590,00 51.549.500,00 31.107.035.000,00 1.224,00
      10 18-Des-2012 620,00 620,00 600,00 610,00 29.260.000,00 17.898.755.000,00 736,00
      11 17-Des-2012 630,00 630,00 590,00 610,00 50.678.500,00 30.841.840.000,00 1.134,00
      12 14-Des-2012 640,00 640,00 620,00 630,00 34.852.000,00 21.941.705.000,00 707,00
      13 13-Des-2012 620,00 650,00 610,00 640,00 133.107.000,00 83.907.920.000,00 2.639,00
      14 12-Des-2012 570,00 630,00 560,00 610,00 191.737.000,00 116.195.905.000,00 3.494,00
      15 11-Des-2012 550,00 570,00 550,00 570,00 69.053.500,00 38.800.455.000,00 1.360,00
      16 10-Des-2012 560,00 570,00 540,00 550,00 65.056.000,00 36.014.685.000,00 1.008,00
      17 07-Des-2012 570,00 580,00 550,00 560,00 40.597.000,00 22.894.090.000,00 614,00
      18 06-Des-2012 580,00 580,00 560,00 570,00 19.785.000,00 11.295.415.000,00 695,00
      19 05-Des-2012 560,00 580,00 550,00 580,00 26.163.000,00 14.859.380.000,00 737,00
      20 04-Des-2012 570,00 580,00 550,00 560,00 47.843.000,00 26.884.785.000,00 855,00
      21 03-Des-2012 580,00 590,00 560,00 570,00 20.913.500,00 11.962.425.000,00 720,00
      22 30-Nop-2012 580,00 590,00 550,00 590,00 82.686.500,00 46.819.470.000,00 1.683,00
      23 29-Nop-2012 550,00 570,00 550,00 570,00 31.385.000,00 17.623.525.000,00 839,00
      24 28-Nop-2012 550,00 580,00 540,00 550,00 71.551.000,00 39.840.175.000,00 1.995,00
      25 27-Nop-2012 580,00 590,00 540,00 550,00 95.284.000,00 53.114.740.000,00 2.033,00
      26 26-Nop-2012 590,00 600,00 570,00 590,00 39.139.000,00 22.918.810.000,00 886,00
      27 23-Nop-2012 600,00 600,00 580,00 590,00 20.555.500,00 12.189.780.000,00 700,00
      28 22-Nop-2012 600,00 600,00 580,00 600,00 23.547.500,00 13.971.540.000,00 839,00
      29 21-Nop-2012 600,00 600,00 580,00 600,00 52.654.500,00 30.983.085.000,00 1.375,00
      30 20-Nop-2012 620,00 630,00 590,00 600,00 72.218.500,00 43.501.125.000,00 1.193,00
      Avatar
      schrieb am 04.01.13 23:54:48
      Beitrag Nr. 3.259 ()
      @Tiffi76le

      Die Börse in Jakarta die vorgelegten Horror-Zahlen von Bumi Resources locker
      weggesteckt. Deshalb denke ich, der Boden ist erst mal erreicht.
      Bis zur erfolgreich durchgeführten Scheidung Bakrie - Rothschild erwarte ich
      keine positiven Nachrichten von Bumi-Resources und erst recht keinen signifikanten
      Kursanstieg.
      Schau mer mal, wie lange sich die Scheidung hinzieht.
      Avatar
      schrieb am 05.01.13 03:42:09
      Beitrag Nr. 3.260 ()
      Das wird noch nicht das Ende des Aktienkurses nach unten gewesen sein.Ich glaube, das es noch neue Tiefsstände nach ganz unten geben wird.Wir werden es ja sehen?.Oder auch nicht!.
      Avatar
      schrieb am 19.01.13 13:27:17
      Beitrag Nr. 3.261 ()
      Standard & Poor’s Cuts Bumi Resources Debt Rating to B

      http://www.thejakartaglobe.com/business/standard-poors-cuts-…
      1 Antwort?Die Baumansicht ist in diesem Thread nicht möglich.
      Avatar
      schrieb am 29.01.13 20:31:09
      Beitrag Nr. 3.262 ()
      Außerordentliche Hauptversammlung von Bumi plc. findet am 21.02.2013 statt.
      Avatar
      schrieb am 31.01.13 16:52:07
      Beitrag Nr. 3.263 ()
      Antwort auf Beitrag Nr.: 44.040.636 von am-ph am 19.01.13 13:27:17Heute richtig was los in der Aktie - der Kurs in Ffm ist aber ein Witz - wie hoch muß die noch steigen damit ich mal 0,06 Cent bekomme, na ja habe ja Zeit.:)
      Avatar
      schrieb am 31.01.13 19:24:44
      Beitrag Nr. 3.264 ()
      Der Kurs in FFM ist ziemlich nahe am Kurs in Jakarta.
      Dort schwankte der Kurs zwischen 610 (Eröffnung) und 680 (Schluß).
      Umgerechnet zum Mittelkurs waren das in EUR-cent: 0,04646 und 0,05179.
      Avatar
      schrieb am 31.01.13 21:37:50
      Beitrag Nr. 3.265 ()
      Danke Dir - ich schaue morgens gegen 8 Uhr 30 nur den den Indo Kurs und dazu tagsüber im Vergleich Xetra/Ffm ihne Devisenkurse zu berücksichtigen- ich dachte bei 680 IDR müßte der Kurs doch mindestens auf 0,056 stehen, aber wirklich nur aus dem Gefühl heraus - halte die Aktie auch erst s. Mitte Dezember - über meinen Kaufgrund wollen wir gar nicht reden - so wie ich das sehe beschäftigst Du dich intensiver mit der Aktie- werde mir am WE mal den Thread genauer ansehen.

      Beste Grüße
      TN
      Avatar
      schrieb am 13.02.13 08:18:59
      Beitrag Nr. 3.266 ()
      Aus Jakarta:

      "Bumi Plc reported on Tuesday (Feb 12) it has signed a heads of term agreement (HoT) regarding separation from the Bakrie Group and Bumi Resources (BUMI), which requires Bakrie to deposit US$50 million no later than February 15 (Friday).

      Bakrie is also required to place US$278 million in escrow within five business days of signing a definitive agreement relating to the transaction. After the transaction, Bakrie Group will have 28.9% shares in BUMI. "
      Avatar
      schrieb am 13.02.13 08:34:19
      Beitrag Nr. 3.267 ()
      und der Kurs geht ab - 730 IDR + 7,35 % mal schauen wie weit es hier gehen kann...
      Avatar
      schrieb am 14.02.13 08:27:53
      Beitrag Nr. 3.268 ()
      uiuiui- heute aber nochmal richtig im Plus 830 IDR + 15,28%
      1 Antwort?Die Baumansicht ist in diesem Thread nicht möglich.
      Avatar
      schrieb am 14.02.13 09:19:03
      Beitrag Nr. 3.269 ()
      Antwort auf Beitrag Nr.: 44.139.063 von TOPPNEWS am 14.02.13 08:27:53
      uiuiu -
      :D
      Avatar
      schrieb am 19.02.13 01:25:31
      Beitrag Nr. 3.270 ()
      na der erste Schritt von 5 auf 7 Eurocent ist getan. Schritte auf 10 Eurocent und auf 15 Eurocent werden folgen.
      Die Nachrichtenlage ist einfch zu phänomenal, als dass der Kurs so weit hinter her hinken darf!
      Avatar
      schrieb am 19.02.13 08:32:13
      Beitrag Nr. 3.271 ()
      1.040 + 11,83 % uiuiuiu- @zitroenchen6- welche Nachrichten meinst Du bzw. was genau ist im Moment der Grund für diesen starken Anstieg in den letzten Tagen ?
      Ich habe die Bumi nur auf einen Hinweis in einem anderen Board gekauft(überschaubare Stückzahl) ohne mich genau vorher zu informieren- wäre nett wenn Du dazu was schreiben könntest.

      Besten Dank

      TN
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