--- In obrolan-bandar@yahoogroups.com, Aiko DeAndre <[EMAIL PROTECTED]>
wrote:
>
> bumi siap2 meletus ....tembus 9000......
> buruan borong .... sebelum ketinggalan.......
> (Adds share buyback plans)
> By Miranda Maxwell and Harry Suhartono
> SYDNEY/JAKARTA, June 10 (Reuters) - Indonesian coal
> producer PT Bumi <BUMI.JK> raised its offer for
> Australian-listed Herald Resources Ltd <HER.AX> by almost 10
> percent on Tuesday, valuing the miner at A$553.6 million ($527
> million) and trumping a rival Indonesian and Chinese
> consortium.
> Bumi's revised A$2.80 per share cash bid has been
> unanimously recommended by Herald directors and tops last
> week's A$2.60-A$2.65 a share all-cash offer from PT Aneka
> Tambang Tbk <ANTM.JK>, and its partner, Shenzhen Zhongjin
> Lingnan Nonfemet Co Ltd <000060.SZ>.
> Competition for Australian mineral resources has been
> running hot as China and other Asian countries look to secure
> supplies of raw materials needed to fuel strong economic
> growth.
> Shares in lead and zinc miner Herald rose 3.6 percent to
> A$2.91 on hopes of another counter bid from the Antam-Chinese
> team, which Herald said has until June 17 to match or better
> the latest offer from Bumi. Bumi's previous bid was A$2.55 a
> share.
> "You always get a certain amount of speculation around any
> offer hoping that they'll go a bit further but I think it's a
> good deal for Herald. It's a pretty decent price," said Eagle
> Mining Research analyst Keith Goode.
> Shares in Bumi, which also said it was tripling the size of
> a share buyback plan, were up 0.6 percent in Jakarta.
> Herald and Bumi have also entered a break fee agreement,
> whereby Herald will pay Bumi A$5.65 million under certain
> conditions leading to the deal's collapse.
> Bumi, Indonesia's largest coal producer, already has a 19.6
> percent stake in Herald after launching an initial A$2.25 bid
> in December. The offer requires 50.1 percent minimum
> acceptance.
> Antam has a 10.7 percent stake in Herald and also holds the
> remaining 20 percent interest in Herald's 80 percent owned
> Dairi zinc/lead project in Northern Sumatra.
> SHARE BUYBACK
> In a separate statement in Jakarta, Bumi said it will
> increase the size of a planned buyback to 3 percent of its
> share capital, or up to 582.1 million shares, at a maximum
> price of 11,600 rupiah ($1.25), well above Monday's closing
> price of 8,450 rupiah.
> The company said last month it would buy back up to 1
> percent of its share capital, as part of moves to return cash
> to shareholders and support its share price. It will seek
> shareholder approval for the plan on June 12.
> Bumi's shares jumped nearly 7 percent on Monday after it
> announced the discovery of an additional 442 million tonnes of
> coal reserves on Kalimantan island, which will raise its
> marketable reserves by nearly a third.
> The company, controlled by the family of Indonesia's chief
> social welfare minister Aburizal Bakrie through holding company
> PT Bakrie & Brothers Tbk <BNBR.JK>, has become the largest
> capitalised firm in Indonesia, overtaking PT Telekomunikasi
> Indonesia Tbk <TLKM.JK>.
> Since the start of the year, Bumi's shares have risen by
> more than 40 percent, outpacing a 12 percent drop in the
> Indonesia Stock Exchange composite index <.JKSE>.
> ($1=9,310 rupiah)
> ($1=A$1.05)
> (Additional reporting by Tyagita Silka and Nury Sybli, editing
> by Sugita Katyal and Lincoln Feast)
>
>
> ----- Original Message ----
> From: TH <[EMAIL PROTECTED]>
> To: obrolan-bandar@yahoogroups.com
> Sent: Tuesday, June 10, 2008 1:24:30 PM
> Subject: Re: [obrolan-bandar] FW: [cenayank_saham] BUMI increased
Herald bid to AU$2.8/share
>
>
> http://www.bloomber g.com/apps/ news?pid=
newsarchive&sid=aiCcSei6Osdo
>
Biasa Akhir2 Ngamuk BUMI nya ^_^... ditunggu neh :P ayo para bandar
V^_^
