Yahoo' s Birthday

This day ( March 2nd ) is the 15th birthday of Yahoo site, the early internet search engine, Jerry Yang at age of 27 and his partner David Filo begin with World Wide Web works in March 1995, they are Stanford University doctoral students, they created a program that would allow them to group website into subject categories, they begin indexing all sites on the web.

Yahoo Corporation formed in April 1995, after a year operation Yahoo held its IPO in April 1996, selling 2, 3 million shares at $13 per share on the NASDAQ and rise up gain after that. Happy birthday to Yahoo !.

Prudential buy AIG

Yesterday ( March 1 ) United Kingdom' s Prudential PLC buy AIG' s Asia unit for about $ 35, 5 billion. This deal call for Prudential to pay government $ 25 billion in cash, $ 8, 5 billion in equity and $ 2 billion in preferred stock AIA' s unit ( American International Assurance Ltd. ).
The US government bailouts for AIG totaling $ 182, 3 billion, AIG is working to repay about $ 97 billion, $ 50 billion would go to the Federal Reserve Bank of New York and $ 47 billion to the Treasury Department. An additional $ 33 billion is to be paid off from AIG related mortgage assets.

AIG is insurance and financial services company and plans to keep a global property and casualty insurance businesses called Chartis, and its domestic life insurance and retirement services business, recently rebranded as SunAmerica Financial Group said Under Chief Executive Robert Benmosche.

Snow storm will come .......... Sunshine will arrive ..........

This afternoon I heard ( via short wave radio ) the snow storm will come and strike again several states in US in a few days come, in here this day we have bright Sunshine and hot temperature from morning until I write this post at night ( 23.08 local time ); The sky' s clear, I can see the Moon is shining, several stars sparkling, so we will approaching new ice storm and we will have another hot days in front. We got rain as usual but now we will have another extreme days. ........... Phew !, what a strange weather we had.

Meet WWF Indonesia on the bridge

Yesterday afternoon ( Saturday, February 20 ) after I usually attending a seminar, when I walk on the cross bridge near Dukuh Atas train station, I meet some WWF Indonesia crews, one of them ( Mr. Eros ) stop me by and have communication / interview with me about Earth Day - Earth Hour in the next month ( March 27 ), after he knows that I know about Earth Hour he' s very happy, before ending our communication Mr. Eros give me a gift from WWF Indonesia, it' s a book page separator cartoon and its picture is a baby turtle on the beach sand.
After that I continue to walk to the bus way station and wait for a special bus which will take me go to home.

This post is for WWF Indonesia, I would like to say : Thank you very much for your works, may your effort can make our world better for our living.

Cold ..... Hot, over there ..... over here, dark ..... shine ....... climate change ?

I hear from many radio station that in the US there' re a lot of snow storm' s coming, in Washington DC many objects like buildings, road, houses, trains, etc. get struck by this snow / winter season, many schools are closed and students can' nt study as usual from last Friday to next Wednesday, but ........... in our country there' re a lot of Sun shine ( I get perspiration if I go out work ) and this condition are not normal because in this month we should have rainy season and we should be in the middle of rainy weather, possibly almost everyday, but ............. from last week we do not have any rain either.
Cold over there and hot over here, dark condition over there but bright over here ............. have we live in climate change now ?............... and how about our world ?, are there any good life prospect in future time ?.....................

IPO PT. Pembangunan Perumahan or Housing Development Public company

This month ( January 2010 ) PT. Pembangunan Perumahan or PT. Housing Development Public Company or PT. PP will launch their IPO ( Initial Public Offering ), start in February 1st until February 3rd, 2010.
It will on the Indonesia Stock Exchange board in February 8th.
The company highlight as follows :

Work field : Construction services ( High rise buildings ), Infrastructure ( Harbor, bridges, toll road, power plant, dam ), and Property ( Business center, Apartments, offices, housing, Hotel ).

Place : East of Jakarta, Indonesia.
Head office : Plaza PP - Wisma Subiyanto building, Jl. Letjend. TB. Simatupang no. 57, Pasar Rebo, Jakarta 13760 - Indonesia.
Telp. no. : 021 840 3883 (hunting); Facsimile : 021 840 3890
Website : www.pt-pp.com

The company have : 3 Operation division office and 8 Branches

Subsidiaries : PT. PP - Taisei Indonesia Construction, PT. Mitracipta Polasarana, PT. Citra Waspphutowa

Underwriter : PT. Mandiri Sekuritas, PT. Danareksa Sekuritas and PT. DBS Vickers Securities Indonesia

Amount of stocks : 1.038.976.784 Regular stock on name B series or 21, 46 % equivalent

It will use for : 59 % for investment and 41 % for working capital

Construction contract for 2010 : Rp. 3,6 Trillion ( on going ) and Rp. 13 Trillion ( new contracts )

Stock holder structure : Indonesia Government = 51 % and Public = 49 % ( included 39 % for PP's employees )

Financial Report ( Audited ) :

Balance sheets :.........................................July 31, 2009....................................31-12-2008
Total current assets...............:.Rp......3.421.083.503.248.................Rp......2.651.547.481.629
Total Non current assets.......:.."............168.710.197.891..................."...........131.583.960.011

Total current liabilities..........:.Rp......2.973.295.993.240..................Rp......2.101.078.103.097
Total Non current liabilities..:.."............210.892.838.831..................."...........257.175.584.713
+/+
Total Equity..........................:.Rp.........405.604.869.068..................Rp........424.877.753.830


Income statement :
Revenue.................................:.Rp.......1.893.079.349.181..................Rp......3.933.668.883.068
Cost of sales...........................:.."........( 1.755.709.671.765 )................".......( 3.648.308.989.237 )
Profit joint operation.............:.."...............33.174.941.294.................."..............66.594.142.641

Operating expenses : Rp.
Employees..............................:.Rp..........( 40.069.371.676 )...............Rp.........( 63.523.463.453 )
General...................................:.."............(..11.921.181.047 )................."...........( 16.951.061.315 )
Depreciation...........................:.."............(......637.544.163 )................."...........(...1.070.622.448 )
Marketing...............................:.."............(....1.975.649.207 )................"...........(...2.547.646.282 )

Other income (expenses)........:.Rp...........( 46.716.803.970 )...............Rp.........( 89.106.785.730 )

Income taxes.........................:.Rp............( 48.365.653.409 )................"...........( 57.145.013.728 )

Net income :..................:.Rp..........20.858.415.238...........Rp.......121.609.443.516

Public Accountant : RWR - Reza, Wahono & Partner - Clarkson Hyde Int'l
Appraisers : PT. Actual Kencana Appraisal
Legal Consultants : Jusuf Indradewa & Partners
Notary : Imas Fatimah SH.
Securities Administration Bureau : PT. BSR Indonesia

Estimate profit in 2010 : 120 % from 2009

Price per share : Rp. 560,- ( tested last week ). Note : US$ 1,- = Rp. 9.300,- (Approx.)

Finished Project samples as below :
































Telp. no. ( from outside Indonesia ) : 62 21 8403883 (hunting)

Our Companies Public expose

Here are our public companies expose that you can learn about :

- No. 1. Bakrie & Brothers group : PT. BUMI ResourceS Tbk., PT. Bakrie Sumatera Plantations Tbk., PT. Energi Mega Persada Tbk., PT. Bakrie Telecom Tbk., PT. Bakrieland Development Tbk., PT. Bakrie Metal Industries and PT. Bakrie Indo Infrastructure.

















- PT. BUMI ResourceS Tbk.

- PT. Bakrie Sumatera Plantations Tbk.

- PT. Energi Mega Persada Tbk.















- PT. Bakrie Telecom Tbk.