Kapuas Prima Coal, engaged in mining and trading, raised IDR 77 billion (approx. USD $5.7 million) in fresh funds through the initial public offering (IPO) in which it released 550 million shares to the public. Harjanto Widjaja, President Director of Kapuas Prima Coal, said the company's shares were oversubscribed 500 times.

About 80 percent of IPO funds will be used by the the company as capital expenditure (specifically for exploration and infrastructure development), while the remainder is set to be used as working capital. The company plans to conduct exploration in Central Kalimantan.

Kapuas Prima Coal was established in 2005 with its main business activities being mining of basic metals for processing into iron ore, galena, zinc and silver. The company's main export destination is China.

Per April 2017, Kapuas Prima Coal booked IDR 106.85 billion in sales, up 35 percent year-on-year (y/y), and recorded IDR 2.6 billion in net profit (compared to a IDR 17.1 billion net loss in the same period one year earlier).

Last Update: 21 Sep 2018
IPOs on the Indonesia Stock Exchange up to 16 October 2017
CompanyP: 21 Sep 2018P: 20 Sep 2018Gain/LossP/E ttmYield %Gain/Loss YTD
Sanurhasta MitraMINA490525-6.67%N/A0.00%-74.81%
Forza Land IndonesiaFORZ9009000.00%N/A0.00%16.88%
Industri dan Perdagangan Bintraco DharmaCARS2,5902,5401.97%N/A0.00%89.05%
Nusantara Pelabuhan HandalPORT5505500.00%N/A0.00%56.25%
Sariguna PrimatirtaCLEO274290-5.52%N/A0.00%-63.95%
Pelayaran Tamarin SamudraTAMU3,2003,310-3.32%N/A0.00%-12.09%
Cahayasakti Investindo SuksesCSIS388398-2.51%N/A0.00%-74.05%
Terregra Asia EnergyTGRA780795-1.89%N/A0.00%43.12%
First Indo American Leasing Tbk.FINN6871-4.23%N/A0.00%-36.45%
Alfa Energi Investama Tbk.FIRE5,2255,1750.97%N/A0.00%289.93%
Totalindo Eka Persada Tbk.TOPS730825-11.52%N/A0.00%-79.55%
Kirana Megatara Tbk.KMTR3323242.47%N/A0.00%-29.06%
Hartadinata Abadi Tbk.HRTA2522500.80%N/A0.00%-12.50%
Integra IndocabinetWOOD625640-2.34%N/A0.00%162.61%
MAP Boga AdiperkasaMAPB1,7251,7250.00%N/A0.00%-8.97%
Armidian Karyatama Tbk.ARMY298304-1.97%N/A0.00%-0.67%
Buyung Poetra Sembada Tbk.HOKI900905-0.55%N/A0.00%160.12%
Marga Abhinaya Abadi Tbk.MABA610625-2.40%N/A0.00%-41.35%
Megapower Makmur Tbk.MPOW140142-1.41%N/A0.00%-52.70%
Mark Dynamics Indonesia Tbk.MARK1,7451,7400.29%N/A0.00%9.06%
Ayana Land International Tbk.NASA600605-0.83%N/A0.00%43.54%
Emdeki Utama Tbk.MDKI3703700.00%N/A0.00%32.14%
Trisula Textile IndustriesBELL2182160.93%N/A0.00%3.81%
Kioson Komersial IndonesiaKIOS2,8002,8000.00%N/A0.00%-3.78%
Garuda Maintenance Facility AeroAsiaGMFI2202085.77%N/A0.00%-31.25%
Malacca Trust Wuwungan Insurance Tbk.MTWI1051005.00%N/A0.00%-35.58%
Kapuas Prima Coal Tbk.ZINC1,6201,630-0.61%N/A0.00%9.09%
Combined Total27,75527,963-0.74%-1.41%

Green colour indicates upward movement Red colour indicates downward movement P = price; E = earnings; D = dividend; Yield = D/P "N/A" indicates P/E < 0 (negative earnings) "-" indicates E,D,P or YTD is not available

Bahas