[APEX] Apexindo Pratama Duta Tbk
Halaman 1 dari 1
[APEX] Apexindo Pratama Duta Tbk
Industry
Oil & Gas Operations
Location
Apexindo Pratama Duta Tbk
Floor 2-3, Medco Building
Ampera Raya Street No. 20
Cilandak
Jakarta, 12560
Indonesia
P: +62 21 78 04 76 6
F: +62 21 78 04 66 6
Website
www.apexindo.com
COMPANY DESCRIPTION
PT Apexindo Pratama Duta Tbk is an Indonesia-based heavy equipment provider. The Company provides services for oil and gas drilling activities, both onshore and offshore, as well as other related businesses. The Company operates a fleet of drilling unit comprises submersible swamp barges, jack-up rigs and onshore drilling rigs. Its swamp barges Maera, Raisis, Raissa, Yani and Soehanah are committed to long-term contract with Total E&P Indonesie, while jack-up Raniworo operates in the Middle East. Its onshore rigs are all located throughout Indonesia. The Company has five subsidiaries, namely PT Antareja Jasatama, Apexindo Asia Pacific B.V., Apexindo Khatulistiwa B.V., Apexindo Offshore Pte. Ltd. and Apexindo Raniworo Pte. Ltd. As of September 11, 2008, the Company became a subsidiary of PT Mitra Rajasa Tbk.
Oil & Gas Operations
Location
Apexindo Pratama Duta Tbk
Floor 2-3, Medco Building
Ampera Raya Street No. 20
Cilandak
Jakarta, 12560
Indonesia
P: +62 21 78 04 76 6
F: +62 21 78 04 66 6
Website
www.apexindo.com
COMPANY DESCRIPTION
PT Apexindo Pratama Duta Tbk is an Indonesia-based heavy equipment provider. The Company provides services for oil and gas drilling activities, both onshore and offshore, as well as other related businesses. The Company operates a fleet of drilling unit comprises submersible swamp barges, jack-up rigs and onshore drilling rigs. Its swamp barges Maera, Raisis, Raissa, Yani and Soehanah are committed to long-term contract with Total E&P Indonesie, while jack-up Raniworo operates in the Middle East. Its onshore rigs are all located throughout Indonesia. The Company has five subsidiaries, namely PT Antareja Jasatama, Apexindo Asia Pacific B.V., Apexindo Khatulistiwa B.V., Apexindo Offshore Pte. Ltd. and Apexindo Raniworo Pte. Ltd. As of September 11, 2008, the Company became a subsidiary of PT Mitra Rajasa Tbk.
Untuk hargan wajar dengan menggunakan DCF, dengan growth rate 20%, perpetual 10%setelah 5 tahun
Dalam usd
Harga wajar Rp. 3046,-
Margin of safety 50% dari harga wajar
harga beli 50% x Rp. 3046,- = Rp.1523,-
Sekilas mengenai APEX
APEX selama lima tahun terakhir mengalami peningkatan revenue yang konsisten sebesar 33%. sedangkan untuk net income, dari tahun 2003 sampe tahun 2005 mengalami penurunan.... tapisetelah 2006 sampe sekarang mengalami peningkatan yang signifikan.
Untuk cash flow mengalami pertumbuhan yang konsisten, hanya tahun 2006 mengalami pertumbuhan negatif. Di tahun 2007 mengalami pertumbuhan yang signifikan.
DER dari tahun ke tahun konsisten sedangkan di tahun 2007 mengalami peningkatan debt dengan nilai DER sebesar 0.77 Relatif aman karena masih dibawah 1.
Secara keseluruhan APEX mempunyai fundmental cukup bagus, dari tahun ketahun mengalami pertumbuhan yang cukup konsisten.
Halaman 1 dari 1
Permissions in this forum:
Anda tidak dapat menjawab topik
|
|