Tuesday 30 November 2010

Resume (Final Paper) PT. HOLCIM INDONESIA , tbk.






Company’s Profile
Holcim is a pioneer and an innovator in Indonesia’s fast-developing cement sector, as the market for homes, commercial buildings and infrastructure expands. It is the only provider of a fully integrated range of nine cement types, concrete and aggregates. It is building a unique franchise in delivering complete, affordable housing solutions and upgrades, drawing on the skills of over 3,000 Holcim trained masons, over 43 franchisees and over 9,000 retail outlets across the island of Java.
Holcim Indonesia is listed on the Indonesia Stock Exchange (IDX) under the reference SMCB. The company was in fact the first to be listed on the inauguration of the Jakarta Stock Exchange in 1977 and has been an actively traded counters ever since.
A total of 7,662,900,000 shares are currently in issue as at December 31st, 2008 with 939,033,401 shares, the equivalent of 12.25% of the total stock in the hand of the general public. Holcim Group, through subsidiary companies, holds a beneficial interest of 77.33% of total stock being 5,925,912,820 shares. The remaining portion of 10.41%, being 797,953,779 shares, is held by foreign investors.
Analysis of Financial Condition
According to the analysis, Holcim’s ability to full fill short term liabilities is not good enough because the company liquidity is less than one, then Holcim also have a low daily credit sales. But, Holcim laso have a positive mark Holcim has high rate of inventory turnover, it means that Holcim has a good ability to use their assets efficiently and also as a company based on the profitability analysis and calculation Holcim have a good ability to make a profit. Based on Dupont Analysis, Holcim is a strong company because its ROE increase year by year although in 2007 the ROE decrease.
Analysis of Company’s Stock
AVERAGE
2126,029
2160,392
2091,863
2129,265
10474374
2129,877
STANDARD DEVIATION
272,577
273,5766
266,8447
268,323
7564361
268,7768
HIGHEST
2525
2525
2450
2500
40495500
2500
LOWEST
1550
1600
1530
1570
378500
1570



In stock investing, investors will always consider the risk and the results. The investors hope that investors faced higher risk so will expected higher results. We can see the risk of the stock from the standard deviation of the data. The higher standard deviation, the higher risk of these shares.
In addition to consider issues of risk and the results, investors also consider the problem of the average value of the stock price and volume. With the presence of these relationships, the value of a company is reflected in stock prices in the capital market for companies that go public. Thus the development of a company's share price also reflects the development of enterprise value.
Because of standard deviation and the average value af the stock pice and volume, investors will determine whether they would buy the stock or not.

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