Astra International established on 1957, and now, we can find that Astra International is the biggest conglomerates in Indonesia. The businesses are automotive, financial service, heavy equipment, mining and energy, agribusiness, information technology, infrastructure, and logistic value chain.
The company had become a public company since 1990, and also listed in Indonesian stock exchange, both in Jakarta and Surabaya. The market capitalization achieve Rp 140 trillion in 31 December 2009.
With Prijono Soegiarto as the CEO, now Astra International can earn Rp 98,520 billion in 2010 as the revenue and Rp 10,040 billion in 2010 as its net income. But now, Astra International majority owned by Jardine Cycle & Carriage of Singapore.
The calculation of Ri and Rm is useful for the traders to know whether the stock price increase or decrease so they can determine whether they buy or sell the stock. When the value of daily stock returns and daily market return is negative, it means that the value of stock decrease.
Astra International the beta is calculated as 0.46178252 in LQ45 while for the IHSG is calculated as 0.38774023. Higher beta means higher risk for the company. So, we assume that Astra International is a right place for the investor to invest their money because the beta is low. It is a right place for those who don’t like enjoy risk or want to play it safe.
Tidak ada komentar:
Posting Komentar