0,06 Cent für einen Global Player - Unentdeckter Papierriese aus Indonesien - 500 Beiträge pro Seite

[wernecke44]

Indah Kiat paper (Indonesien) 889570

Der Papierriese aus Indonesien, mit dem die Big Player aus Preis Leistungsgründen NIE mithalten werden können.

Kiath Paper hat 140 Dollar je Tonne Papier die mit weitem Abstand günstigen herstellungspreise für Papier. Warum? Weil sie sich überhaupt nicht um die Umwelt und den Regenwald scheren! Keine hemmenden AUflagen nur Unterstützung des Staates.
Absolut nichts für Ökofreaks. Der Kurs der Aktie geriet in Vergessenheit als die Aseninvetsments in Vergessenheit gerieten, doch der Boden ist gefunden und der Papierriese lebt wieder. Alle Kredite könne aufgrund des hohen Cash Flows zurückgezahlt werden, Indonesien wir nicht so schnell zu Greenpeace überwechseln. Die Aktie wird eine der ersten sein die aus den Trümmern wieder aufersteht.

Stieg an der Heimatbörse in Indonesien bereits stark an, die Lücke zu Deutschen Kursen wurde fast 0%. Jetzt bis zu 0,07 Cent Kaufen (Wo bekommt man sonst einen Global Player so günstig) und ein paar Wochen abwarten bis auch der Anstieg zu uns überschwappt.

Lasst dieses fundamental sehr niedrig bewertete Investment nicht einfach links liegen, hier schlummern die nächsten 400%.

Mfg

Wernecke44

www.pennystocks.com

[gholzbauer]

Indah Kiat gehören allerdings zur Pleitefirma Asia Pulp & Paper, und im schlimmsten Fall werden sie mit in die Pleite gerissen. Ist vielleicht auf den ersten Blick nicht so wahrscheinlich, aber man weiß ja nie ...

[wernecke44]

Hallo Experten am Board!


Endlich jemand der diskutieren kann!

das mit Aisan Pulp, glaub ich net da hat der INdonesische Staat und viele andere zu viel Kohle drin und hier ist sogar Übernahmephantasie angesagt.

Ich habe mich wenger mit Asian Pulp an Paper beschäftigt, ist die Verschukdung sehr Krass?? Danke für deine Antowrt

Ich freue mich auf eine produktive Diskussion.

Mfg

Wernecke44

[gholzbauer]

12 Mrd. $ Schulden bei Asia P&P, siehe auch die letzten Nachrichten bei http://finance.yahoo.com/q?s=pap&d=t

Wenn Indah Kiat ungeschoren aus der Angelegenheit rauskommt, wäre das Erholungspotenzial der Aktie sicher groß. Ich habe mich jedoch zu wenig mit der Firma beschäftigt, um eine genauere Prognose abgeben zu können.
S&P zumindest zeigt wenig Vertrauen in die Zukunftsfähigkeit von Indah Kiat.


Tuesday July 3, 4:33 am Eastern Time
TEXT-S&P cuts Indah Kiat 2007 notes to D
(UPDATE: Press release provided by Standard & Poor`s)

SINGAPORE, July 3 - Standard & Poor`s on Tuesday lowered its rating to D from CC on the US$600 million senior unsecured notes due 2007 issued by Indah Kiat Finance Mauritius Ltd and guaranteed by Asia Pulp & Paper`s (APP) (NYSE:PAP - news) operating subsidiary PT Indah Kiat Pulp & Paper Corp.

The rating is removed from CreditWatch, where it was placed with negative implications on January 31.

The corporate credit rating on Indah Kiat remains at D.

The rating action follows the failure of Indah Kiat to make a scheduled July 1 interest payment amounting to US$30 million on the note issue.

The interest payment is not expected to be made within its grace period of five business days as a result of the cessation of APP group payments of interest and principal on most of its outstanding debt.

Defaults will continue within the APP group over the near term.

Standard & Poor`s will lower to D the ratings on other guaranteed subsidiaries of APP`s operating subsidiaries when they fail to meet interest or principal payments on the due date.

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


Wednesday July 4, 12:34 am Eastern Time
Indonesian units of APP down in early trade
JAKARTA, July 4 (Reuters) - Shares in the Indonesian units of heavily indebted Asia Pulp & Paper (APP) moved lower in early trade on Wednesday partly in reaction to the holding company`s expected delisting in New York.


The New York Stock Exchange said on Tuesday it had suspended trade in APP and would seek to delist the shares of Asia`s biggest pulp and paper firm outside Japan because its 30-day average share price was below $1.

Executives from Sinar Mas, Indonesia`s second biggest conglomerate and which controls APP, have declined to comment on the NYSE action. The Singapore-headquartered APP has also not made any statement.

By 0410 GMT, PT Indah Kiat Pulp and Paper shares were down 2.67 percent at 365 rupiah after earlier trading down more than five percent. Shares in paper maker PT Tjiwi Kimia were down 2.13 percent at 230 rupiah after also being down some four percent.

Investors have deserted APP and its key listed units in Indonesia, where most of the group`s operations are located, over the entity`s massive debts of some $12.2 billion. APP is currently undergoing a restructuring expected to take years.

``The fall must be correlated to the news (from New York) although basically most investors know that the APP share price could not go up past $1 dollar. It`s not a big surprise,`` Roy Santoso, chief of sales at Kim Eng Securities, told Reuters.

In January, the NYSE notified APP that its average share price over 30 days was below $1, and the shares stopped trading on April 4, when they closed at 12 cents.

Local dealers said APP`s expected delisting had mostly been factored into the prices of Indah Kiat and Tjiwi Kimia, among the two most profitable companies in the APP stable and the only ones trading publicly in Indonesia.

Because of the cheap price on Indah Kiat and Tjiwi Kimia, minor movements can create large percentage changes.

``APP will be delisted but that doesn`t mean the Indonesian stocks will also be delisted,`` said Suhendra Setiadi, an institutional sales dealer at Trimegah Securities.

Another dealer said he believed Indah Kiat`s weakness was connected mainly to a Standard & Poor`s ratings downgrade on debt paper guaranteed by the firm that was announced on Tuesday.

The NYSE said it would apply to the U.S. Securities and Exchange Commission to delist APP. It added that the company would not challenge ``this determination.``

Because APP had failed to convince the NYSE that it could get its price back above $1, the bourse determined that the shares were ``not currently suitable`` for NYSE trading.

[Upturner]

Ja, die Buden da unten haben, wenn sie Schulden haben, immer gleich mehrere Milliarden Miese.
Also, Vorsicht.
Ziehe Rußland allem vor

[wernecke44]

Solch eine Umweltverschmutzung wird irgendwann aufhören das ist sicher. Denn will Indonesien nicht mehr lange als Drittland gelten muss es sich langsma annähren. Denn der Diktator der in Indonesien an der MAcht ist setzt sehr auf Fortschritt und westliche Annährung.

Hier steckt die Phantasie des Investments, dies ist eine Firma die durch europäische/westliche Führung auf einen rechten Weg und zu besserer Produktivität geführt werden kann.

So gibt es sicher einige Interessenten aus der westlichen Papierindustrie, die nach der Pleite von Asian Pulp Paper hier ein Schnäppchen machen wollen.

im Fidelity Indonesien Fonds ist Indah Kiat Paper mit 0,84% gewichtet.

Einen Grund werden die Fondsmanager ja auch haben.



Mfg

Wernecke44

[Kurswechsel]

Pleitefirma, die euer Geld und den Regenwald verbrennt:

>von wernecke44 02.07.01 22:45:45 3865555
>Indah Kiat paper (Indonesien) 889570
>
>Der Papierriese aus Indonesien, mit dem die Big Player aus
>Preis Leistungsgründen NIE mithalten werden können.
>
>Kiath Paper hat 140 Dollar je Tonne Papier die mit weitem
>Abstand günstigen herstellungspreise für Papier. Warum?
>Weil sie sich überhaupt nicht um die Umwelt und den
>Regenwald scheren!

"But Indah Kiat`s track record has been a catalogue of environmental devastation, blatant disrespect for the local community and ignoring Indonesia`s laws through a mixture of bullying and pay-offs to officials." (Siehe britische Zeitung unten)

Pfui, Deibel! Urwald und Geld weg! Was wollt ihr atmen? Die
Wälder geben bald keine Luft mehr, und das Meer auch nicht.

http://www.guardian.co.uk/international/story/0,3604,512583,…

British money fuels circle of debt and destruction

Big UK banks put in millions

Special report: paper

Paul Brown and John Aglionby in Jakarta
Tuesday June 26, 2001
The Guardian

Asian Pulp and Paper is caught in a vicious circle. Because it has used relatively cheap timber culled from the rainforests, it has been able to undercut competitors and so depress the global paper market.
But now it finds itself with huge debts, in part caused by this depressed market. It is having to service the deficit by driving up production - and cutting down more trees. When all the Indonesian forests are gone, there could be a world paper shortage and spiralling prices.

APP has international debts of £8.5bn, and its share price plummeted from £5 to 8p before dealing was suspended. Normally bankruptcy would quickly follow this situation, but a financial conjuring trick by the Indonesian government has kept APP afloat.

The government took over the local bank to which APP owed most money, making it the preferential creditor. Investors would get little or nothing if they forced the company into bankruptcy.

As a result APP can go on cutting forests until it runs out of trees. According to Science magazine: "If the current state of resource anarchy continues, the lowland forests of the Sundra shelf, the richest forests on earth, will be destroyed by 2005 in Sumatra."

Prominent in the destruction is the APP subsidiary In dah Kiat, the vast paper and pulp plant which is accused of getting large quantities of cheap timber supplies by clear cutting tropical rainforest.

One Indah Kiat supervisor told the Guardian: "There`s no hurry to use more sustainable wood because that`s more expensive to process. So we are using tropical hardwood and not asking too many questions about how legal it is."

British investors are among those who have ploughed money into APP. NatWest led a syndicate to provide £50m for companies within the APP group, and its current lending remains at £7m. A Friends of the Earth report, Paper Tiger: Hidden Dragons, claims that Barclays arranged a £430m loan in September 1990. The bank has refused to comment.

Legal and General has holdings worth £120,000 in Indah Kiat and another subsidiary, Tjiwi Kimia, but is to review them. London-based Newton Investment Management is reported to be the 19th biggest shareholder in APP, with stock worth £1.4m - it refused to comment.

Ed Matthew, Friends of the Earth forests campaigner, said APP`s trouble "would never have reached this stage if international investors had not put money into the company so it could go on building bigger plants.

"This led to them clear cutting even more rainforest, so flooding the market with cheap paper. Because the paper is so cheap the company has not been able to pay its debts, creating a vicious circle of more destruction and more debt."



http://biz.yahoo.com/rf/010618/sin228274.html

Monday June 18, 3:13 am Eastern Time
TEXT-S&P cuts two Indah Kiat notes to D
(UPDATE: Press release provided by Standard & Poor`s)

SINGAPORE, June 18 - Standard & Poor`s on Monday lowered the ratings to D from CC on the two note issues guaranteed by Asia Pulp & Paper Co Ltd`s (NYSE:PAP - news) operating subsidiary PT Indah Kiat Pulp & Paper Corp.

http://biz.yahoo.com/rf/010704/jak294520_2.html

Indonesian units of APP down in early trade
JAKARTA, July 4 (Reuters) - Shares in the Indonesian units of heavily indebted Asia Pulp & Paper (APP) moved lower in early trade on Wednesday partly in reaction to the holding company`s expected delisting in New York.


The New York Stock Exchange said on Tuesday it had suspended trade in APP and would seek to delist the shares of Asia`s biggest pulp and paper firm outside Japan because its 30-day average share price was below $1.

Executives from Sinar Mas, Indonesia`s second biggest conglomerate and which controls APP, have declined to comment on the NYSE action. The Singapore-headquartered APP has also not made any statement.

By 0410 GMT, PT Indah Kiat Pulp and Paper shares were down 2.67 percent at 365 rupiah after earlier trading down more than five percent. Shares in paper maker PT Tjiwi Kimia were down 2.13 percent at 230 rupiah after also being down some four percent.

Investors have deserted APP and its key listed units in Indonesia, where most of the group`s operations are located, over the entity`s massive debts of some $12.2 billion. APP is currently undergoing a restructuring expected to take years.

``The fall must be correlated to the news (from New York) although basically most investors know that the APP share price could not go up past $1 dollar. It`s not a big surprise,`` Roy Santoso, chief of sales at Kim Eng Securities, told Reuters.

In January, the NYSE notified APP that its average share price over 30 days was below $1, and the shares stopped trading on April 4, when they closed at 12 cents.

Local dealers said APP`s expected delisting had mostly been factored into the prices of Indah Kiat and Tjiwi Kimia, among the two most profitable companies in the APP stable and the only ones trading publicly in Indonesia.

Because of the cheap price on Indah Kiat and Tjiwi Kimia, minor movements can create large percentage changes.

``APP will be delisted but that doesn`t mean the Indonesian stocks will also be delisted,`` said Suhendra Setiadi, an institutional sales dealer at Trimegah Securities.

Another dealer said he believed Indah Kiat`s weakness was connected mainly to a Standard & Poor`s ratings downgrade on debt paper guaranteed by the firm that was announced on Tuesday.

The NYSE said it would apply to the U.S. Securities and Exchange Commission to delist APP. It added that the company would not challenge ``this determination.``

Because APP had failed to convince the NYSE that it could get its price back above $1, the bourse determined that the shares were ``not currently suitable`` for NYSE trading.

http://www.guardian.co.uk/international/story/0,3604,512584,…

Fisherman driven to illegal logging as pulp factory poisons river

Sumatran communities put at risk

Special report: paper

John Aglionby in Perawang, Sumatra
Tuesday June 26, 2001
The Guardian

Timbulan and his friends waist deep in the river were struggling to keep up with the arrival of fresh wood. Every few minutes another canoe trailing a dozen 5ft logs would arrive at the unloading site. The loggers unhitched their cargo of tropical hardwood freshly stripped from the rapidly shrinking rainforest and headed back to the jungle for another load.
Timbulan`s gang untied the wood and hauled it on to the riverbank. "Once we`ve got enough for a truckload, it`s taken away to the factory," he said, pointing to five chimneys less than a mile away.

Every step in this chain is illegal. The loggers have no permits to destroy the rainforest and take the wood to Perawang, a small town half-way up Sumatra. Timbulan and his friends have no right to buy it and sell it on to the pulp factory, for whom it is a serious offence to buy illegally felled timber.

The factory is Indah Kiat Pulp and Paper, a monster blot on the landscape that is not only the lifeblood of the provincial economy but is also one of the few jewels left in the crown of the holding company, Asia Pulp and Paper.

It arrived in the area 17 years ago with plans for an environmentally friendly, sustainable pulp and paper factory that would be a boon to the remote region of Indonesia. Its aim was to clear just enough rainforest to plant fast-growing trees.

But Indah Kiat`s track record has been a catalogue of environmental devastation, blatant disrespect for the local community and ignoring Indonesia`s laws through a mixture of bullying and pay-offs to officials.

Timbulan has only recently become an illegal logger. Three years ago he was one of hundreds who made their living fishing in the river Siak that runs through Perawang and past Indah Kiat. "Now there are no fish left," he said. "They have all been poisoned by the factory, so chopping down the forest is the only way we can make money."

Each fisherman`s daily catch used to average 10kg, according to Nurdin, whose house backs on to the river. "Now those few people who still do it are lucky if they catch one or two - fish, not kilograms - a day," he said.

People such as Timbulan will soon face a new crisis, because studies show that Sumatra`s forests will all be destroyed in five to 10 years. These forests are among the most biodiverse places on earth. Though Indonesia accounts for only 1% of the world`s land area, it is home to 12% of the world`s mammal species, and almost a fifth of all bird species and reptile and amphibian species.

Animals most at risk from the destruction of the rainforest include the Sumatran rhinoceros, Sumatran tiger and orangutan. There has been a 50% decline in the numbers of orang-utan and rhino over the last decade. There are only 300 rhinos left in the wild, as few as 400 tigers.

People who live on the river are forced to buy drinking water because the water from their wells smells of chemicals, particularly chlorine.

Then there is the smoke. In recent years it has not come only from the factory but also from huge forest fires that left a haze over the whole of south-east Asia, particularly in 1997-98. While Indah Kiat has never been accused of starting fires for its own benefit, 80% of the big fires in 1997 were started by plantation companies, according to the government, and those accused of having fires on their land included APP suppliers.

Yunus Tibo, a community leader, has letters going back to the early 1990s from the government condemning Indah Kiat for its environmental management and ordering a clean-up, and promises from the company that it will comply.

The Guardian acquired a list of payments made by Indah Kiat to government officials and police and army officers. Some are described as "for helping hiring a car", while others are blatantly catalogued as "monthly honorarium".

Mr Tibo said Indah Kiat had given a few hundred million rupiah (£18,000) to the community. "But they promised us 3bn rupiah," he said. "Where`s the rest?"

Indah Kiat declined to comment and was "unable to accommodate" a visit to the plant.

wernecke44, zieh Leine und verschone uns mit solchem kriminellen Müll!

Grüße,

Kurswechsel