Company Internasinoal And Indonesian National Stock scramble Mustika Ratu

Shares of PT Mustika Ratu Tbk (MRAT) reportedly being targeted by one of the leading consumer products company and the largest in the country are also listed its shares on the Indonesia Stock Exchange (BEI).

"Reportedly, about 30 percent of the shares Mustika Ratu will be purchased at a price of Rp900 per share," said the source VIVAnews here on Monday night.Meanwhile, according to sources at Mustika Ratu, a number of local and foreign investors have repeatedly expressed a desire to own shares of the beauty products company. However, until now there has been an agreement.

"There have been many who are interested and give offerings. But, until now no one has realized, "he said.
He added, besides there is no match prices offered by potential buyers, Mustika Ratu is a public company that the majority of its shares owned by the family, so that more priority to increase ownership than released to the other party.

While Princess Kuswisnu Ward, Vice President Director of Mustika Ratu until this has not been able to be asked for confirmation, sent a brief message VIVAnews also not received an answer.

Meanwhile, Sancoyo Antarikso, corporate secretary of PT Unilever Indonesia Tbk is rumored interest in shares of Mustika Ratu claimed not to know the plan. "No, I have not heard," he said to VIVAnews.
According to him, as long as this company continues to grow. Opportunities to conduct such corporate action if the acquisitions made in accordance with company strategy, so have added value. "We see as the opportunity that exists," he said.

As of 30 September 2010, Mellon Bank NA S / A Investors Pacific owns shares amounting to 8.98 percent MRAT coded and PT Mustika Ratu Investama amounted to 71.26 percent. The rest was held by the public.

In early trading this week, Monday, October 18, 2010 MRAT Rp60 close higher (11.11 percent) to the level of Rp600. However, at the opening of the transaction today, the stagnant stock price moves in the position of Rp600.

As is known, the company's financial performance in the first half of 2010 was relatively conservative. Net sales increased only 3.2 percent and net income 12 percent to thicken.

Operating revenues this MRAT coded issuers throughout the first half of 2010 rose slightly to Rp168, 29 billion from Rp163, 16 billion in the same period of 2009. Gross profit increased to Rp94, 09 billion from Rp90, 86 billion and operating income reached Rp18, 71 billion from the previous Rp18, 10 billion.

The bottom line, net income which rose to only Rp11, 77 billion, or Rp28 per share from the same period the previous year to Rp10, 51 billion or equivalent to Rp 25 per share.