link-nya:
http://www.businessweek.com/news/2010-02-26/tata-power-falls-after-profit-drops-on-coal-expenses-update1-.html
Mr India di buat rugi sm si BEJO, apalgi klo masalah Pajak nanti di
masukan...Hmm, makin ancurr tuh saham mbak TATA
--- On Sun, 2/28/10, Herman <power8...@gmx.net> wrote:
From: Herman <power8...@gmx.net>
Subject: Re: [ob] FW: BUMI potential bad news - Untuk Penggemar BUMI
To: obrolan-bandar@yahoogroups.com
Date: Sunday, February 28, 2010, 11:05 PM
Ini pak newsnya jadi bukan mau nampungin barang Saya sama sekali ngak hold
posisi di BUMI even dia market mover Subject: FW: (BN) Tata Power Falls After
Profit Drops on Coal Expenses
>
> folks, bumi related expenses reflected in tata's earnings.
>
> +---------------------------------------------------------------------------
> ---+
>
> Tata Power Falls After Profit Drops on Coal Expenses (Update1)
> 2010-02-26 06:12:53.318 GMT
>
>
> (Adds analyst's comment in fourth paragraph.)
>
> By Gaurav Singh and Natalie Obiko Pearson
> Feb. 26 (Bloomberg) -- Tata Power Co., India's largest non-
> state electricity generator, declined the most in seven months
> in Mumbai trading after reporting an 82 percent slump in profit
> from writing off expenses at coal mines in Indonesia.
> The stock fell as much as 5.7 percent to 1,197 rupees, the
> biggest drop since July 6, and was at 1,217.95 rupees at 11:28
> a.m. local time. The Mumbai-based utility's shares have gained
> 66 percent in a year, lagging behind the 82 percent advance in
> the benchmark Sensitive Index.
> Net income, including that of units, fell to 925.7 million
> rupees in the quarter ended Dec. 31 from 5 billion rupees a year
> earlier, Tata Power said yesterday. The company took a 3.7
> billion rupee ($80 million) charge related to deferred coal
> extraction expenses, and said production cost would rise by
> $1.42 a metric ton, an increase of about 5 percent.
> "That is big," said Abhineet Anand, a Mumbai-based
> analyst with Antique Stock Broking Ltd. "In terms of valuation,
> if the overall cost of production is somewhere between $36 to
> $38 per ton, then you increase that by another $1.50, that
> directly hits your profit after tax."
> The Tata Power group includes the company's mining assets
> in Indonesia and local distribution and trading units. Tata
> Power holds 30 percent stakes in two Indonesian coal mines owned
> by PT Bumi Resources.
>
> For Related News and Information:
> Tata Power news: TPWR IN <Equity> CN <GO>
> Top India stories: TOP IN <GO>
> Top energy stories: ETOP <GO>
>
> --Editors: Amit Prakash, Alex Devine.
>
> To contact the reporter on this story:
> Gaurav Singh in New Delhi at +91-11-4179-2019 or
> gsing...@bloomberg.net
> Natalie Obiko Pearson in Mumbai at +91-22-6612-9107 or
> npears...@bloomberg.net.
>
>
> To contact the editor responsible for this story:
> Clyde Russell at +65-6311-2423 or crusse...@bloomberg.net.
>
>
