Credit: Palmoilmagazine.com
Palmoilmagazine.com, JAKARTA – Friday (5/5), during the morning selling session at Bursa Efek Indonesia, the shares of PT Astra International Tbk (ASII), the main group of Astra, experienced a decrease in selling price of 6.82% to reach Rp 6,150 per share.
This brought the share price close to that of ARB, which stands for Automatic Order Execution-Retail Broker and refers to an automatic trading system where purchase or sale orders of shares are automatically processed by brokers.
When the share hit certain price that investor determined, the order would be automatically processed by ARB without disruption of broker. This enable investors to avoid the late before taking decision or accelerate the share trade.
Other information, PT Astra International Tbk (ASII) has the most shares in PT Astra Agro Lestari Tbk (AALI), the advance palm oil producer in Indonesia. Now ASII has 79,71% shares of AALI.
The share majority of ASII on AALI would enable ASII to get full control on the operational of the palm oil company. Besides, through AALI, ASII could expand its business in palm oil and its derivative sectors.
ASII and AALI have strong synergy to operate palm oil plantations, factories, and sale. The two are capable to reinforce one to the other in business and get higher profits in the same time.
In the shareholder structure of ASII, AALI is categorized as "Agribisnis" together with others, such as, PT United Tractors Tbk and PT PAM Lyonnaise Jaya Tbk. (T1)
Disclaimer: This article is a qualified reference to read, does not take others or influence someone to investment. The writer is not in charge to every action in share investment.
