Step 3 (03:00 GMT+7) Simple investor approach following traders' arbitrage rule. Check and find if the stock has its pair in other market, and look how they two diverge one to another, and save for you profit and/or prospect ahead.
BANPU is one of the major energy companies in Asia. It was established in 1983 to mine coal in Thailand. The company has continuously expanded and now has coal operations in Indonesia, China, and Australia. Due to favorable coal price and increasing coal production, contribution from coal business rose to 82% of total earnings before interest, tax, depreciation and amortization (EBITDA) in 2010 from 78% in 2008. In terms of geographic diversification, *66% of EBITDA in 2010 was from the Indonesian operation*, 17% was from China and remaining 16% was from Thailand. Excluding China, coal production of BANPU in 2010 totaled 22 million tonnes, mainly from Indonesian mines. Based on rising coal price, the company’s coal reserves in Indonesia increased to 329 million tonnes at the end of December 2010. Think of ITMG contribution to BANPU= >50%, and how this signifies the arbitrage tie between the two in the different market. This said, explains why we left BNBR in relation to Bumi Plc/Vallar, and if you look closely ASII through its circle in Singapore, you know that today's price moving is just a sweet moment for some to leave some memories. We will tell about ASII tomorrow to let part of us enjoying the sweet dream of dividend. Meanwhile, check the following chart. [image: Banpu-ITMG.png] Step 4?...Step 4 is something enthusing, interesting and heart touching. '+' On Thu, May 26, 2011 at 1:45 PM, positif01 <[email protected]> wrote: > ? > > '+' >
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