I just get two news-BLTA.jk
.......
SINGAPORE, Oct 15 (Reuters) - Shares of Indonesia's
largest shipping firm Berlian Laju Tanker (PTBL.SI:
Quote, Profile , Research) (BLTA.JK: Quote, Profile ,
Research) rose as much as 6.3 percent to a three-month
high of S$0.34 with 2.5 million shares traded after
the firm announced a new acquisition.
The company said in a statement [ID:nSNAF90011] that
its unit was buying Chembulk Tankers LLC, chemical
tanker company, for $850 million. The deal is will be
financed by cash and bank loans.
.......
Berlian Laju Tanker cut to 'B+', on negative watch on
Chembulk buy plan - S&P
October 15, 2007: 09:49 AM EST
MUMBAI, Oct. 15, 2007 (Thomson Financial delivered by
Newstex) -- Standard & Poor's (NYSE:MHP) Ratings
Services said it has cut its ratings on
Indonesia-based PT Berlian Laju Tanker Tbk (BLT) to
'B+' from 'BB-' and placed them on negative watch,
after the company said it plans to buy chemical tanker
company Chembulk LLC for 850 mln usd.
The acquisition will be primarily funded by new debt,
significantly increasing BLT's 856 mln usd debt at
end-Sept, S&P said.
The expected pro-forma credit measures are not in line
with a 'BB-' rated entity, the ratings firm said.
Also, although the acquisition of Chembulk Tankers
will provide new trading routes and customers,
increasing the company's presence in Europe and
Americas, it will not really take BLT's regional
concentration away from Asia, S&P said.
The 'B+' rating takes into account improvements in
BLT's business profile that arise from the entry in
new market segments and an improved fleet profile, S&P
said.
The watch placement will be resolved after a detailed
review of the terms of the different funding phases
and their execution, including the company's intention
to partially reduce debt through a potential equity
injection, S&P said.
Copyright Thomson Financial News Limited 2007. All
rights reserved.
The copying, republication or redistribution of
Thomson Financial News Content, including by framing
or similar means, is expressly prohibited without the
prior written consent of Thomson Financial News.
--- aak anjas <[EMAIL PROTECTED]> wrote:
> iya nich ...aneh...saham lagi2 bagus2nya kok RI
> dulu?
>
> gimana nich ?
>
> Ada yang mau share?
>
>
>
> On 10/16/07, Eka Suwandana <[EMAIL PROTECTED]>
> wrote:
> >
> > Mau RI dulu?
> > --- EWW WWE <[EMAIL PROTECTED]
> <merci992%40yahoo.co.id>> wrote:
> >
> > > setelah berhasil akuisisi di oktober 2007, maka
> blta
> > > menjadi salah satu
> > > perusahaan pelayaran international terbesar
> > > didunia. blta akan membuka
> > > route ke amerika selatan, eropa dan usa.
> > > management blta ada rencana
> > > mau listing di new york stock exchange di tahun
> > > 2008.
> > >
> > >
> > > ---------------------------------
> > > Bergabunglah dengan orang-orang yang berwawasan,
> di
> > > bidang Anda di Yahoo! Answers
> >
> >
> >
>
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