Research Topics: Stock Market Analysis

Top 10 Most Traded Stocks in Jakarta

Top Ten Most Traded Stocks in Jakarta 1. Bank International Indonesia – is an Indonesia-based financial institution. The Bank engage in general banking services and in other banking activities based on Syriah principles. The Bank’s services are divided into three categories:            a. Personal Services, consisting of Funding, Credit Card Services and Loan            b. Corporate Services            c. Platinum Services, consisting of Platinum Access, Syriah Platinum Access and Platinum MasterCard.             The Bank’s subsidiaries, which are engaged in the financial sector, include BII Finance Co. Ltd. and PT BII Finance Center. The Bank is headquartered in Jakarta, Indonesia. Last June 29, 2007, the Company increased the shareholding in PT Wahana Ottomitra Multhiartha to 53.03%.             Bank International Indonesia TBK considers possibility to merge with PT Bank Danamon Indonesia TBK to meet ownership structure regulations. This has reported that Bank International is considering to possible merger with its affiliated bank, PT Bank Danamon Indonesia in order to meet a regulation on ownership structure, which prohibits a single interest controlling more than one domestic bank in Indonesia. The regulation is expected to be implemented in 2010.              Its products and services includes loans, credit cards, deposit, wealth and management. It has also corporate sevices which also include loans, finding services, investment banking and credit card. And treasury services are platinum currency deposit, FX range deposit, FX line, cross country swap, and interest rate swap. 2. Bumi Resources is an Indonesia-based oil and coal mining company. The company is engaged in the mining, manufacturing, production and marketing of coal,a s well as oil exploration. In addition, it is also engaged in the general trading sector, the hotels and tourism industries and other related services. The company has 16 subsidiaries, which principal activities include mining marketing. One of the subsidiaries, PT Arutmin Indonesia, is a coal mining company, which exports and majority of its products to international markets. The company is headquartered in Jakarta, Indonesia.            It has reported that PT Bumi Resources will develop coal fired power plant worth US million and three coal distribution networks for teh purpose of cutting teh production cost by around 18%. It is expected that teh development of the distibution networks will cut the oprtaion and transportation cost of coal to US per metric ton in 2009 from US.87 per metric ton in 2007. In addition, teh development of teh coal power plant will reduce the dependancy on the diesel oil as the oil consumption on the diesel oil power plant has been the largest cost for the Company, accounting for 25% of the total cost. 3.Artha Pacific Securities now its Pan Pacific International – is a leading financial company providing a full spectrum of investment of investment products and services to individual and institution through equities, fixed income, investment banking, asset management, and research. Artha Pacific service is driven by professionalism, reliability and innovation. This profile provides information on Artha Pacific services and major activities as a guide for both existing and future.               The company’s equity investment are not based on market timing or weighted against specific indices, rather a “bottom up” based on anlysis of fundamentals merits and values of companies.             Fixed income conservative management maintains high quality portfolio. Varieties of assets are continually monitored and reviewed in the context of teh current client objectives and changing financial market. The expertise covers instruments such as Bonds, Commecial paper, floating rate notes, medium term notes, negotiable certificates of deposits, promisory notes and purchase.             Investment banking team is recognized industry leader with an establihed reputation and an enviable track record. The company provides full range of financial services including Fund raising, Advisory and underwriting of equity and debt capital market, project financing, and privatization.             The company is global investment management firm with leading market position in passive, quantities, enhanced and active portfolio management, serving a large and diversified client base, including pension funds, corporations, institutions, foundations and high net worth individuals. It also offers private money management services, fixed-income and short term liquidity funds. The company also handles all activities which related to asset management activity. 4. Bakrie & Brothers has a business of general trading, steel pipe manufacturing, building materials and construction product, telecommunications systems, electronic and electrical goods and equity investments business. The Company produces a range of products, such as mini telecommunication switching; telecommunication system integrators; telephone sets; electric resistance-welded steel pipes; longitudal steel pipes; seamless pipes; cement-based-indusrial construction products; marble slabs; corrugated steel; and cast iron and auto products. In addtions, it also provides a range of services, including cellualr radion wave-based telecommunication services uisng code division multiple access (CDMA) technology, messaging, paging and cellular answering services, as well as specialized structural and civil engineering services.The company has 10 business units.                  Indonesia’s Bakrie wins Malaysia pipeline job-source. The company has swon a contract to supply steel pipes for the development of a billion crude oil pipeline across the northern part of Malysia. 5. Energi Mega Persada – is an Indonesia-based mining company. In addition, the Company is engaged in the trading, services and providing management services in the oil and gas industry. Its projects include Brantas PSC, Malacca Strait PSC, Kangean PSC, Bentu & Korinci PSC, Gebang JOB PSC, Gelam TAC and Semberah TAC. In 2006, the production and operation from its Brants projects was halted due to accident in which mud flooding the surrounding areas.            PT Energi Mega Persada reports the company observed steam, water and minor amount of gas bubbling to the surface adjacent to its Banjarpanji-1 exploration well at Sidoarjo, East Java, Indonesia. The company reports no fatalities and no damage to drilling equipment. The Banjarpanji-1 well was drilling equipment. The Banjarpanji-1 well as drilling at a depth of 9,297 feet while implementing standard well control procedures, the company observed steam, water and a minor amount of gas bubbling to the surface some 200 meters from the drilling location. The company is working with local officials and has situation under control and reports that the intensity of the emissions has decreased after intervention through pumping drilling mud into the well. At this moment, Lapindo Brantas, Inc. is continuing the drilling intervention to ensure the safety of the environment and the community surrounding teh location. 6. Bank Mandiri (Porsero) comprises Business Units, which include Corporate Banking, Commercial Banking, Consumer Finance, Micro & Retail Banking, Treasury & International Banking and Special Asset Management; Corporate Center, which include Risk Management, Compliance & Human Capital, Finance & Strategy, Change Management Office, Internal Audit and Corporate Secretary, and Shared Services, which supports teh Bank’s overall operations. The Bank’s subsidiaries, which are engaged in the banking, finance and property sectors include Bank Mandiri (Europe) Limited, PT Bank Shariah Mandiri, PT Usaha Gedung Bank Dagang Negara, PT Mandiri Sekuritas and PT Bumi Daya Plaza. The Bank is supported by 10 regional offices, 57 hub offices, 98 community offices, 336 spoke office, 433 cash offices, four international offices and one represenatative office.            The company met the criteria as Anchor Bank. As March 31, 2007, it succeeded to decrease Net NPL from 15% in March 2006 and 5.9% at the end of 2006, finally becoming 4.7% in 1st Quarter 2007. Provision to NPL Coverage was 46.9% in March 2006, 74.8% at the end of 2006 and finally reached 83.3% of March stance. The NPL decline was driven by the success of restructing and full payment of debtors in 1st Quarter-2007. Some of them are Lativi Mediakarya, Kalimantan Energi Lestaria and Batimurung Indah. The company keeps focusing on developing its business units and increase service excellence quality to all custumers aggressively. 7. Kawasan Industri Jababeka is in the field of industrial complexes, including teh development of the infrastructures, such as housing and apartment complexes, offices and shops, recreation and sport facilities, electricity, telephone lines and clean water and waste treatment. Headquartered in Bekasi, indonesia, the Company has seven subsidiaries:            a. PT Grahabuana Cikarang, a real estate company            b. PT Indocargomas Persada, and industrial developer            c. PT Jababeka Infrastruktur, a real estate and industrial management company            d. Jababeka International B.V., a financial service company:            e. PT Paden Golf Cikarang, a golf course operator            f. PT Saranapratama Pengembangan Kota, a real estate infrastructure company and            g. PT Jababeka Konstruksi, a construction service company. The operational activities of Jababeka are divided into 7 divisions which are inter-related and support each other in providing services to investors, buyer and costumers.            a. Industry            b. Residential            c. Commercial and Business            d. Infrastructure and Estate Management            e. Construction             f. Golf and Country Club             g. Education. 8. Bank UOB Buana has a products and services include savings products, which comprise saving and checking accounts, foreign exchange accounts, deposits and productive and priority savings; finance products, which consist of consumer credits, export and import credits and bank guarantees; electronics banking, which include automatic teller machine Arta Buana, Buana mobile banking, Visa electron and Buana Visa card; banking services, which comprise money transfers, remittance, trade of foreign exchange and safe deposit boxes, and other services, which include bill oayments, tax payment and mutual funds. The company is supported by 35 branch offices, 163 support offices, six cash offices and hundreds of automatic teller machine (ATM) troughtout the country.            United Overseas Bank Limited (UOB) is placed to announce that the Group has, today, signed sale and Purchase Agreement with various shareholders of PT Buana Indonesia to acquire a 23% interest in Bank Buana for a consideration of about S6 million. UOB believes that Bank Buana is one of teh oldest and best-run banks as well as the Indonesian banking sector. Sari Dasa Karsa is also optimistic to have a confident that Bank Buana will benefit from the resources and expertise of the UOB Group, and will grow to become a major bank in Indonesia. 9. Bank Rakyat Indonesiac (Porsero) the bank divides its financial and business services into three goups:            a. Business Services, consisting of bank gurantees, bank clearance, automatic teller machine and safe deposit boxes            b. Financial Sevices, consisting of bill payments            c. Cepebri Inkaso, deposit acceptance online transactions and transfers            d. Other services, consisting of tax and fine payment, donations, Western Union and zakat contributions.            The bank is supported by 13 regional offices, 11 inspection offices, 330 domestic branch offices, one special branch office, three overseas offices, 202 cash offices,4,229 BRI units, 133 small offices, 27 syariah branch offices and 18 syariah sub branch offices.             Guarantee bank (GB) provided its customers as a payment guarantee to teh supplier who supplies products for the customers. Its services is provided based on the agreement contract between producer and customer that mentions the term of business cash flow and fixed or moving assets.             The Guarantee Bank Service for Contractors, provided to the contractors which are related to credit constructions, the maximum GB time range according to credit constructions, the maximum GB time range according to the agreement contract, and teh gurantee contract from every GB is in freeze cash deposit fro minimum of 10% from GB value that is published if GB is related with a credit facility. If GB is independent, then gurantee contract is 100% from the GB value published. 10. PT Hortus Danavest TBK - the group’s principal activities are stock brokerage and trading, fixed income and corporate finance. Stock brokerage and trading carries out buy and sell transactions for shares listed on the Jakarta Stock Exchange and Surabaya Exchange. The group currently has a license to carry out margin trading. The fixed income division carry out brokerage and trading activities for debt securities such as negotiable certificates of deposit and medium term notes. The corporate finace activities include securities underwriting as well being financial advisor for debt restructuring, mergers and acquistions, project financing or operations exapansion as well as direct investment. Some news related to this company:                          a. Hortus Danavest reduces shareholding in Asuransi Multi Artha Guna 15.71%, or equivalent to 191.48 million shares to 4.53%, or equivalent to 55.25 million shares.            b. Hortus Danavest has bought 175 million shares, or equivalent to 14.58% equity stake of the company to increase the shareholding in the Asuransi Multi Artha Guna, or equivalent to 58.50 million shares to 19.46%, or equivalent to 233.50 million shares.            c. Hortus Danavest announced that it plans to divest shares of three companies as sanex International , Sanex Telekomunikasi Indonesia, and Harumdana berjangka.            d. Hortus Danavest announced that Maxima Infrastruktur has sold 70,000,000 shares of the company at the price of 200 per shares. Megatrend Putranusa acquires 50,350,000 shares, or 19% interest; Hendra Sutanto acquires 9,000,000 shares, or 3% interest, and Sophies S. acquires 10,650,000 shares, or 4% interest.                       Credit:ivythesis.typepad.com

Top 10 Most Traded Stocks in Jakarta

Top Ten Most Traded Stocks in Jakarta 1. Bank International Indonesia – is an Indonesia-based financial institution. The Bank engage in g...

Most Growth Stocks in Jakarta

Top Ten Most Growth Stocks in Jakarta 1. Perusahan Gas Negara Persero Terbuka – it is in the field of distributing and transmitting natural gas to industrial, commercial and household users. The Group has divided its business area in to three Strategic Business Unit (SBU) Distribution areas and one transmission SBU, namely:             a. SBU Distibution I Western Java Region             b. SBU Distribution II Eastern Java Region             c. SBU Sumatra-Java Transmission             Its major industry is oil, as coal and Related Services with Sub Industry as oil refiners and distributors. 2. Timah is a mining company business as well as industry, trading, transportation and related services. The Company’s principal activity is to act as an investment holding company and to provide marketing service to the group.             It has 516,985 hectares of tin mining rights represented by 112 mining concessions. Tin metal, including its by-products, is sold to domestic and foreign marets thorugh the Company’s overseas subsidiaries. In addition, the Company is involved in coal mining and asphalt exploration activities. It is headquartered in Pangkalpinang Indonesia. 3. Bank Central Asia is an Indonesia-based financial institution. The Bank offers individual and business products and services. The Bank’s individual services consist of:             a. savings accounts             b. home loans and car loans             c. remittance             d. collection             e. safe deposit facilities       The Bank’s subsidiaries include:             a. PT BCA Finance             b. BCA Finance Limited             c. BCA Remittance Limited       The Bank is supported by 789 domestic branch offices and two overseas brach offices and operates over 3,000 automatic teller machines throughout the country. 4. Bakrie & Brothers it business includes:             a. steel pipe manufacturing             b. building materials and construction products             c. telecommunications systems             d. electronic and electrical goods             e. equity investment             The Company produces a range of products such as:             a. mini telecommunication switching             b. telecommunication system integrators             c. telephone sets             d. electric resistance-welded steel pipes             e. longitudal steel pipes             f. seemless pipes             g. cement-based industrial construction products             h. marble slabs             i. corrugated steel             j. cast-iron auto products             It also provides a range of services, including cellular radio wave-based telecommunication services using code division multiple access (CDMA) technology, messaging, paging and cellular answering services, as well as specialized structural and civil engineering services. The company comprises 10 business units. 5. Unilever Indonesia has a business production hich includes:              a. production of soaps              b. detergents              c. vegetable oil              d. margarine              e. ice cream              f. tea drinks              g. milk products              h. cosmetics              These products were divided into four categories as cooking and eating, healthy living, beauty and style, and aroud the house.              The products brands include Bango, Blue Band, Citra, Clear, Lifebuoy, Lux, Pepsodent, Rinso, sariwangi, Sunsilk, Taro and Wall’s. The Company is supported by one production facility in each of Bekasi in West Java, and Surabaya in East Java. 6. Bank UOB Buana is a financial institution that has a products and services includes:             a. saving products, which comprise saving and checking accounts, foreign exchange accounts, deposits and productive             b. priority savings; finance products, which consists of consumer credits, investment  credits, export and import credits and bank guarantees; electronics banking, which include automatic teller machine Arta Buana, Buana mobile banking, Visa electron and Buana Visa card; banking services, which comprise money transfers, remmittance, trade of foreign exchange and safe deposit boxes, and other services.             The Company is supported by 35 banch offices, 163 support offices, six cash offices and hundreds of automatic teller machines (ATM) throughout the country. 7. Bumi Resources is a business of coal mining company that has products includes:            a. mining            b. manufacturing            c. production            d. marketing of coal            e. oil exploration            In addition, it is also engaged in the general trading sector, the hotel and tourism industries and other related services. The Company has 16 subsidiaries, which principal activities include mining and marketing. One of the subsidiaries, PT Arutmin Indonesia, is a coal mining company, which exports the majority of its products to international markets. 8. Bank NISP is a financial institution that categorizes its products into two groups:             a. Funding, which consists of savings and deposits             b. Lending, consisting of working capital loans, investment loans and consumer loans             In addition, the Bank has three service categories:Individual, Corporate and Other. The Bank has 38 branch offices, 151 representative offices and 34 cash offices throughout the country. The Bank’s subsidiary, PT NISP Sekuritas, is engaged in the investment management and stock broking activities. 9. Asuransi Jasa Tania is a insurance company that provides loss insurance coverage. It also offers:             a.engineering insurance             b. money insurance             c. fire insurance             d. aviation insurance             e. motor vehicle insurance             f. marine insurance             g. liability insurance             h. cargo insurance 10. Energi Mega Persada is a mining company that engaged in the trading services and providing management services in the oil and gas industry. Its projects include:             a. Brantas PSC             b. Malacca Strait PSC             c. Kangean PSC             d. Bentu & Korinci PSC             e. Gebang JOB PSC             f. Gelam TAC             g. Semberah TAC              In 2006, the production and operation from its Brantas project was halted due to accident in which mud flooding the surrounding areas. 11. Bank International Indonesia is a financial institution that engages in general banking services and in other banking activities based on Syriah principles. Its services are divided into four categories:              a. Personal Services, consisting of Funding              b. Credit Card Services consisting of Loan, Reksadana, and Bancassurance              c. Corporate Services, consisting of Funding, Credit Card Services, Loan and Investment Banking,              d. Platinum Services, consisting of Platinum Access, Syariah Platinum Access and Platinum MasterCard              The bank has subsisdiaries which includes BII Finance Co.Ltd and PT BII FInance Center. Last June 29,2007, the company increased the shareholding in PT Wahana Ottomitra Multhiartha Tbk to 53.03%. 12. Indosat is a fully integrated Indonesian telecommunications network and service that provides:              a. complement of national and international telecommunications services in Indonesia              b. international long-distance service in Indonesia              c. provides multimedia, data communications and Internet (MIDI) services to Indonesian and regional corporate and retail customers              d. Global system for Mobile Communications (GSM) 900 and 1800 cellular services to approximately 16.7 million cellular subscribers throughout Indonesia as of December 31,2006.              e. broadband and narrowband MIDI services, including frame relay services, Very Small Aperture Terminal (VSAT) services, leased circuits and Internet services, through Lintasarta, PT Indosat Mega Media (IMM).                                           Credit:ivythesis.typepad.com

Most Growth Stocks in Jakarta

Top Ten Most Growth Stocks in Jakarta 1. Perusahan Gas Negara Persero Terbuka – it is in the field of distributing and transmitting natur...

Data of the Most Growth Stocks in Jakarta (Tabular Form)

Top Biggest Growth stocks in Jakarta Volume 1. Perusahaan Gas Negara 2,881,000 2. Timah 141,000 3. Bank Central Asia 1,042,500 4. Bakrie and Brothers 648,231,500 5. Unilever Indonesia 56,000 6. Bank UOB Buana 350,000 7. Bumi Resources 250,487,000 8. Bank NISP 25,000 9. Asuransi Jasa Tania 0 10.Energi Mega Persada 34,834,000 11. Bank Internasional Indonesia 756,653,000 12. Indosat 3,000 Yearly Index 2004 2005 2006 March June Aug. 1.1,900 6,900 11,600 9,350 9,450 10,250 2.2,075 1,820 4,425 11,850 11,700 12,300 3.2,975 3,400 5,200 5,100 6,000 6,000 4.200 120 155 187 295 220 5.3,300 4,275 6,600 5, 700 6,700 6,800 6.825 910 970 1,020 980 980 7.800 760 900 1,330 2,275 2,325 8.775 770 830 850 800 990 9.485 500 400 0 0 410 10. 600 750 520 620 800 770 11.185 155 240 193 179 159 12. 31.18 29.09 38.51 33.82 36.25 39.33 Earnings Per Share 2004 2005 2006 1. 101.53 191.8 417.84 2. 353.48 213.59 417.56 3. 259.29 291.88 344.79 4. -37.7 -40.21 7.99 5. 192.46 188.79 225.63 6. 48.77 59.59 65.43 7. 0.01 0.01 0.01 8. 67.55 47.96 47.15 9. 59.81 23.6 18.94 10. 18.83. 24.27 14.86 11. 15.1 20.1 8.31 12. 307.84 309.08 258.24 Credit:ivythesis.typepad.com

Data of the Most Growth Stocks in Jakarta (Tabular Form)

Top Biggest Growth stocks in Jakarta Volume 1 . Perusahaan Gas Negara 2,881,000 2 . Timah 141,000 3. Bank Central Asia 1,042,50...

Most Growth Stocks in Taiwan

Top Ten Most Growth Stocks in Taiwan 1. Chi Mei Optoelectronics Corp. is in the research, development, manufacture and sale of thin film transistor-liquid crystal display (TFT-LCD) monitors and color filters. The Company’s products includes a. mobile communication products b. information products c. household appliances      During the year ended December 31, 2006, the Company obtained approximately 99.7% of its total revenue from TFT-LCD monitors. The Company distributes its products in the domestic market and to overseas markets, including Mainland China, Japan, the United States and Europe. 2. Universal Scientific Industrial Co., Ltd. is in the design and manufacturing services industry. The Company’s products include: a. computers and peripherals such as: <ul> <li>motherboard for desktop personal computers </li> <li>ultra mobile PC’s</li> <li>rugged notebooks</li> <li>visual products</li> <li>communication products</li> <li>bluetooth products</li> <li>Wi-Fi asymmetric digital subscriber line (ADSL) </li> <li>skype phones</li> <li>storage and servers</li> <li>automotive products</li> </ul> 3. Grand Pacific Petrochemical Corp,  is in the field of  manufacturing petrochemical products.     The Company’s major products includes: a. styrene monocase (SM) b. acrylonitrile butadiene styrene (ABS).     The Company also produces polystyrene resins and hydrogen. During the year end of 2006, SM and ABS contributed approximately 67% and 32% of the Company’s total revenue, respectively. The Company distributes its products in the domestic market and to overseas markets, including mainland China, Hong Kong, the United States, Vietnam, Thailand and Malaysia. 4. China Man-Made Fiber Corporation, a company that manufactures: a. chemical products b.chemical fiber products c.chemical fiber products      During the year end of 2006, the Company obtained approximately 68% and 32% of its total revenue from its chemical products and chemical fiber products, respectively. The Company distributes its products within the domestic market and to Asia. As of December 31, 2006, the Company had two subsidiaries, including one wholly owned subsidiary. 5. Amtran Technology Co., Ltd is in the manufacturing and sale of monitors and digital televisions (TVs). The Company’s major products include: a. liquid crystal display (LCD) monitors b. LCD TVs      The Company mainly distributes and sells its products to overseas markets such as Japan, Europe and the Americas. The Company obtained approximately 66% and 20% of its revenue from its digital TV and monitor display businesses, respectively and had four wholly owned subsidiaries, including ABOUND PROFITS LIMITED, ASEV (BVI) TECHNOLOGY CO., LTD and ASEV DISPLAY LABS as the year 2006 ends. 6. King Yuan Electronics Co., Ltd.- this is in the provision of wafer testing, integrated circuit (IC) testing, as well as wafer grinding and dicing services. The Company mainly provides: a.  logic testing b.  memory testing c.  mixed signal testing d.  burn-in testing e.  turn-key services     The Company obtained approximately 47% and 44% of its total revenue from the wafer testing and IC testing services, respectively. The Company distributes its products in the domestic market and to overseas market as the year 2006 ends. 7. USI Corporation, engaged itself in manufacturing, processing and selling chemical products.     The Company’s major products include: a. ethyl vinyl acetate (EVA) b. high-density polyethylene (HDPE) c. linear low-density polyethylene (LLDPE) d. low-density polyethylene (LDPE) This products contribute as much as 36% of the total revenue of the company. The Company’s products are applied to the manufacture of plastic bags, food bags, plastic pumps, plastic bottles and others. 8. Cathay Financial Holding Co., Ltd. is a financial holding company in Taiwan. It consists of three principal operating subsidiaries: a. Cathay Life Insurance Co., Ltd. offering insurance products, such as life insurance, health insurance, injury insurance and annuity insurance b. Cathay United Bank Ltd., providing wealth management, consumer financing, corporate financing and investment services c. The Seventh Commercial Bank, offering banking products and services, such as deposits, loans, guarantees and international banking service      In addition, the Company owns Cathay Securities Co., Ltd, Cathay Pacific Venture Capital Co., Ltd., Cathy Venture Capital Co., Ltd., Cathy II Venture Capital Co., Ltd. and Cathy Management Consulting Co., Ltd. The Company operates its business in Taiwan, the United States, Hong Kong, Malaysia and Vietnam. 9. Sinopac Financial Holdings Company Ltd. engage itself  in banking and securities business. Together with its subsidiaries, the Company operates: a. banking b. finance c. credit card d. trust, insurance e. securities f. futures g. venture capital investment business.       Last year the Company obtained approximately 69%, 17% and 11% of its total revenue from its banking, securities and credit card businesses, respectively. The Company operates its business mainly in Hong Kong, Mainland China, the United States, Taiwan and Vietnam. As of December 31, 2006, the Company had eight wholly owned subsidiaries. 10. Tatung Company is a diversified manufacturer in Taiwan. The Company offers its products under four categories: a consumer b. computer and communications (3C) products, including digital televisions (TVs) and flat panel displays, servers, information systems and digital videos c. household appliances, consisting of air conditioners, refrigerators, washing machines, small electronics, compressors, electricity meters, medical equipment; industrial products, comprised of motors, transformers, switchboards, power generators d. other machine tools, and wires and cables, including lacquered wires, tinned wires, bare copper wires, electrical wires, telecommunications cables, magnet wires, optical cables and optical components. Credit:ivythesis.typepad.com

Most Growth Stocks in Taiwan

Top Ten Most Growth Stocks in Taiwan 1. Chi Mei Optoelectronics Corp . is in the research, development, manufacture and sale of thin film...

delivering complete end-to-end manufacturing capabilities and highly complex solutions to technology companies around the world

Management Issues: Sanmina-SCI Company Description             Based in San Jose, California, Sanmina-SCI provides Electronics Manufacturing Services particularly in the “delivering complete end-to-end manufacturing capabilities and highly complex solutions to technology companies around the world” (Sanmina-SCI, 2006) It boasts manufacturing facilities and operation in over 20 countries around the world.  I chose this organization as I have personal working experience in this company. Management Issue Current issues in management involve the relationship of managers with the workforce inclusive of which are issues on handling diversity, unions, human resource management and self-directed work teams.              The focus of this paper is Human resource management, particularly the concept of Redundancies as applied in the case of Sanmina-SCI.              Redundancies is said to be the dismissal of employment as a means to rationalize the cutting down of costs or an employer suffering in his/her business that would require relocation.  It is a touchy subject that must be dealt with care.  Employers in their part must not only offer explanations, be fair in the choosing of redundant people but they must also express their utmost regret and at the same time, gratitude to the unfortunate worker (Harriott, 2002).  Redundancy should be ended with a sense of respect and justice.  Most often than not, redundancy is performed with a lack of consideration in the employees’ part.  This is because a Redundancy may not sound as unfortunate as it seems and employers end up appearing as “executioners”.  In order to save the company, the employees must be sacrificed in its expense.  Employees will tend to feel undervalued and be generally resentful of such a decision (Harriot, 2002, p. 15).        This has been the case of the mass lay-off of 300 employees in Sanmina-SCI’s Greenock,Scotland plant during the 2005 Christmas break.  This is brought by external factors related to the location of the plant, Scotland itself.  Sanmina-SCI has been cutting down expenses through transferring production overseas such as in Eastern Europe and China.  The Scotsman reports that the workers (originally 650) were formerly from IBM who moved to Sanmina thanks to an outsourcing deal.  When it was IBM that decided to move out of production, it was Sanmina that received these laid off workers.  This time around however, it was Sanmina’s turn to tighten their belts by laying-off these workers due production location change.  It has been having a history of laying off workers from December 2003 when it removed 250 workers as they moved production to Hungary.  A year before this, Sanmina has closed down its Ayrshire factory that led up to 400 jobs lost due to the factory closing.  Thus, the shutting down of its Scot based factory is not a first incident, and is in fact, only one of already several movements of laying-off hundreds of jobs due to location costs.  This is another reaction of a seemingly diminishing electronic industry and the globalization phenomena.  Low production costs due to cheap data processors are said to be the main reasons why jobs had been primarily laid off (Marland, 2006).             Richard Ball (2006) had also reported than Sanmina’s revenues had begun declining from .2 billion in the year 2004 to .7 billion in the year 2005.  Its net loss similarly increased drastically in this regard as its net loss of 11 million dollars in 2004 had rose alarmingly to 996 million dollars in the year 2005.                Sanmina has been receiving several criticisms because of their layoffs and repeated claim of redundancies deeming the company to be insensitive to the workers and their family, heightened by the circumstance that the lay off was performed during the Festive season.  Also Sanmina’s management was also criticized as disappointing and incapable of looking due to the fact that the plant was only about to reach its first year.  Sanmina was said to be falsely optimistic about the plant and that the employment has suffered tremendous damages due to Sanmina.                Congressman John F Tierney (2004) also pointed out how the laid off workers of Sanmina are top skilled and loyal employees of Sanmina spanning for over 20 years.  They have experience and at the same time loyalty to the corporation but their employment will have to be compromised in favor of cheaper production costs elsewhere.  The concerns of these laid off workers is the difficulty to be supplemented with another job.              In the year 2005, laid-off Sanmina workers had arranged for a employment tribunal that will put Sanmina in a compromising position due to claims of mass redundancies.  According to the Greenock Telegraph, these workers were rewarded £150,000 to compensate for their removal.  The former employees were fervent in their belief that they were maltreated and poorly dismissed (Greenock Telegraph, 2005).              Other criticisms concern Sanmina’s inability to foresee the mass layoff which would have been perceived earlier on.   Despite Sanmina’s defense that it has been due to expensive labor costs and industry downturn, critics and employees would see the act as motivated by nothing more than taking advantage of the situation.  According to Anthony Clark (2002) Sanmina is merely taking advantage of the circumstances of outsourced employees.  The complaint of British workforce is mainly that they do not have sufficient protection against redundancies unlike the other workforce.             Sanmina-SCI intended a 90-day closing period.  As the issue is still freshly released, there is still much that may develop about this matter.  Sanmina-SCI is a classic example of a company suffering under economic downturns and must make the decision to shut down production in costly areas and lay off all its workers.  Whether or not Sanmina-SCI is able to be fair and concerned of its employees remains to be seen.  Sanmina-SCI has had a record of displeased and dissatisfied laid off workers.  It remains a question whether Sanmina-SCI has truly considered the circumstances and situations of these workers, put them in the context of their country’s laws and at the same time, protected and looked after their welfare such that employers need to do.  This case only emphasizes how Redundancy is a tricky situation and would require the extra efforts of the employer to truly attempt to end the lay off in a manner that is with fairness and respect.  By laying off hundreds of workers puts Sanmina-SCI in an immediately disadvantageous position especially if this is performed in the beginning of the year.  It has indeed the heavy burden of going out of its way (rather evading the employees and treating the issue as strictly professional and formal) to ensure that the redundancy is performed not in the electoral tribunal as reported earlier.  Sanmina-SCI must take extra note that some of the workers it sacked have already been with them since IBM transferred the employees to their care.  Most of them would have taken years in the computer company and have consequently gone old.  They and their families need their own special compensation.   Continuous dialogue in the part of the management themselves is essential in order to appease and support the dismayed employees. Credit:ivythesis.typepad.com

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Management Issues: Sanmina-SCI Company Description Based in San Jose, California, Sanmina-SCI provides Electronics Manufac...