"ta'i kuching" gw telepon aja nga pernah dilayani, gw e-mail boro-2 dibalas. Cuma di-delete aja ama mereka
2007/11/22, Joe Grunk <[EMAIL PROTECTED]>: > > Executive at BUMI fights back over misleading information generated by > Bloomberg. > > ------------------------------ > *From:* Dileep Srivastava > *Sent:* Wednesday, November 21, 2007 3:05 PM > *To:* '[EMAIL PROTECTED]'; '[EMAIL PROTECTED]' > *Cc:* '[EMAIL PROTECTED]'; '[EMAIL PROTECTED]'; > '[EMAIL PROTECTED]'; '[EMAIL PROTECTED]' > *Subject:* Credit Suisse - note dated 20 Nov '07 - Indonesia coal output > drops 25% on rain > > Michele, > > I note from your story out on Bloomberg that CS analysts and a Trina Chen > of HK are out with a report that Indonesia coal output is down by 25% on the > back of Banpu and SAR sharp drops and force majeures - ends lamely by > saying Bumi's sales estimates are down by 2%- leading to the question why > Bumi is mentioned at all! > > Bumi , probably, is the only thermal coal producer which has actually > increased sales in 2007! Bumi to end the year at 56 million tons or 12% > higher than last year's 50 million tons. > > Moreover, Bumi's coal produced and conveyed at 39.3 million tons between > Jan – Sep '07 is 9% higher over just 36.2 million tons in the same period > last year. > > It is totally misleading to suggest that either Bumi's production or sales > are below last year – in spite of the challenges. > > Bumi is ahead on all operating parameters and expects to end 2007 compared > with 2006 as follows:- > > 12% higher volume – 56 MT vs 50 MT > 5% higher average price - $43.00/MT vs 40.80/ MT > Lower production cash cost - ca$ 1/ MT > Core EPS - at least 50% higher > EPS (with XO) - over 4 times higher > > Rainfall is not a significant issue yet in Bumi yet – we operate in 14 > mining areas with multiple pits in each of them in our 170,000 hectares > concession areas ( 3x the size of Singapore), possess the flexibility to > move coal to our 2 captive deep sea international ports ( which take cape > sized vessels) either by conveyors and/or trucks, supplemented by our 3 > owned dedicated barge terminals with access to floating transfer stations. > We also have inventory spread across our concessions and with operators > which give us flexibility on transportation and shipments – this inventory > is equivalent to about 2 years production of some of the miners mentioned! > > I am not sure about Bloomberg's intent to club a world class multi site > flexible mega operation like Bumi with the much smaller and obviously higher > risk profile players – its misleading.I wish a credible offering like > Bloomberg may like to ascertain true facts first before informing its > global constituency at large – in my opinion, they deserve this > consideration. > > We would like to renew our invitation to you all to visit our world class > mine sites and ascertain facts for yourself first – some reputed media > companies have already done so. After all credibility, in my opinion, should > be the prime concern of any quality media offering. > > Regards, > > Dileep > > > > ------------------------------ > Be a better pen pal. Text or chat with friends inside Yahoo! Mail. See > how. <http://us.rd.yahoo.com/evt=51732/*http://overview.mail.yahoo.com/> > > >
