ESTIMASI NILAI INTRINSIK SAHAM PT. BANK DANAMON INDONESIA TBK. DALAM RANGKA AKUISISI OLEH DBS GROUP HOLDINGS LTD. TAHUN 2012
This research aims to estimate the intrinsic share value of PT Bank Danamon Indonesia Tbk. in 2012. Related to the DBS plan to acquire 67,37 percent of Bank Danamon share from Fullerton. Signing a purchase agreement between the acquirer and the acquiree have been conducted at an agreed price of 7.00...
Main Authors: | , |
---|---|
Format: | Thesis |
Published: |
[Yogyakarta] : Universitas Gadjah Mada
2012
|
Subjects: |
_version_ | 1797032689104060416 |
---|---|
author | , Okti Nurdianingsih , Prof. Dr. Eduardus Tandelilin, M.B.A. |
author_facet | , Okti Nurdianingsih , Prof. Dr. Eduardus Tandelilin, M.B.A. |
author_sort | , Okti Nurdianingsih |
collection | UGM |
description | This research aims to estimate the intrinsic share value of PT Bank
Danamon Indonesia Tbk. in 2012. Related to the DBS plan to acquire 67,37
percent of Bank Danamon share from Fullerton. Signing a purchase agreement
between the acquirer and the acquiree have been conducted at an agreed price of
7.000,00 IDR, but the acquisition has not been resolved. Bidding price is much
greater when compared with the share market value of Bank Danamon at that time
ranged from 4.500,00 to 4.600,00 IDR per share.
The methods used in this research are discounted cash flow and relative
valuation with Price Earning Ratio (PER) and Price to Book Value Ratio (PBV).
The data used in this research are the financial statements of PT Bank Danamon
Indonesia Tbk. from 2007 to 2011, risk free rate, Danamon Bank�s daily stock
price over 2 years, Composite Stock Price Index data (IHSG), Indonesian GDP
growth rate, financial data of comparison companies in 2011, data related to the
ratios used for the determination of the comparison companies, and share price of
comparison companies on March 2012.
The result of the estimated stock intrinsic value of PT Bank Danamon
Indonesia Tbk. using discounted cash flow method in the month of March 2012 is
5.626,39 IDR per share, then based on relative valuation is 5.515,11 IDR per
share. Reconsiliation of two methods result intrinsic share value of Bank
Danamon 5.518,88 IDR per share. |
first_indexed | 2024-03-13T22:42:10Z |
format | Thesis |
id | oai:generic.eprints.org:100335 |
institution | Universiti Gadjah Mada |
last_indexed | 2024-03-13T22:42:10Z |
publishDate | 2012 |
publisher | [Yogyakarta] : Universitas Gadjah Mada |
record_format | dspace |
spelling | oai:generic.eprints.org:1003352016-03-04T08:48:09Z https://repository.ugm.ac.id/100335/ ESTIMASI NILAI INTRINSIK SAHAM PT. BANK DANAMON INDONESIA TBK. DALAM RANGKA AKUISISI OLEH DBS GROUP HOLDINGS LTD. TAHUN 2012 , Okti Nurdianingsih , Prof. Dr. Eduardus Tandelilin, M.B.A. ETD This research aims to estimate the intrinsic share value of PT Bank Danamon Indonesia Tbk. in 2012. Related to the DBS plan to acquire 67,37 percent of Bank Danamon share from Fullerton. Signing a purchase agreement between the acquirer and the acquiree have been conducted at an agreed price of 7.000,00 IDR, but the acquisition has not been resolved. Bidding price is much greater when compared with the share market value of Bank Danamon at that time ranged from 4.500,00 to 4.600,00 IDR per share. The methods used in this research are discounted cash flow and relative valuation with Price Earning Ratio (PER) and Price to Book Value Ratio (PBV). The data used in this research are the financial statements of PT Bank Danamon Indonesia Tbk. from 2007 to 2011, risk free rate, Danamon Bank�s daily stock price over 2 years, Composite Stock Price Index data (IHSG), Indonesian GDP growth rate, financial data of comparison companies in 2011, data related to the ratios used for the determination of the comparison companies, and share price of comparison companies on March 2012. The result of the estimated stock intrinsic value of PT Bank Danamon Indonesia Tbk. using discounted cash flow method in the month of March 2012 is 5.626,39 IDR per share, then based on relative valuation is 5.515,11 IDR per share. Reconsiliation of two methods result intrinsic share value of Bank Danamon 5.518,88 IDR per share. [Yogyakarta] : Universitas Gadjah Mada 2012 Thesis NonPeerReviewed , Okti Nurdianingsih and , Prof. Dr. Eduardus Tandelilin, M.B.A. (2012) ESTIMASI NILAI INTRINSIK SAHAM PT. BANK DANAMON INDONESIA TBK. DALAM RANGKA AKUISISI OLEH DBS GROUP HOLDINGS LTD. TAHUN 2012. UNSPECIFIED thesis, UNSPECIFIED. http://etd.ugm.ac.id/index.php?mod=penelitian_detail&sub=PenelitianDetail&act=view&typ=html&buku_id=56992 |
spellingShingle | ETD , Okti Nurdianingsih , Prof. Dr. Eduardus Tandelilin, M.B.A. ESTIMASI NILAI INTRINSIK SAHAM PT. BANK DANAMON INDONESIA TBK. DALAM RANGKA AKUISISI OLEH DBS GROUP HOLDINGS LTD. TAHUN 2012 |
title | ESTIMASI NILAI INTRINSIK SAHAM
PT. BANK DANAMON INDONESIA TBK. DALAM RANGKA AKUISISI
OLEH DBS GROUP HOLDINGS LTD. TAHUN 2012 |
title_full | ESTIMASI NILAI INTRINSIK SAHAM
PT. BANK DANAMON INDONESIA TBK. DALAM RANGKA AKUISISI
OLEH DBS GROUP HOLDINGS LTD. TAHUN 2012 |
title_fullStr | ESTIMASI NILAI INTRINSIK SAHAM
PT. BANK DANAMON INDONESIA TBK. DALAM RANGKA AKUISISI
OLEH DBS GROUP HOLDINGS LTD. TAHUN 2012 |
title_full_unstemmed | ESTIMASI NILAI INTRINSIK SAHAM
PT. BANK DANAMON INDONESIA TBK. DALAM RANGKA AKUISISI
OLEH DBS GROUP HOLDINGS LTD. TAHUN 2012 |
title_short | ESTIMASI NILAI INTRINSIK SAHAM
PT. BANK DANAMON INDONESIA TBK. DALAM RANGKA AKUISISI
OLEH DBS GROUP HOLDINGS LTD. TAHUN 2012 |
title_sort | estimasi nilai intrinsik saham pt bank danamon indonesia tbk dalam rangka akuisisi oleh dbs group holdings ltd tahun 2012 |
topic | ETD |
work_keys_str_mv | AT oktinurdianingsih estimasinilaiintrinsiksahamptbankdanamonindonesiatbkdalamrangkaakuisisiolehdbsgroupholdingsltdtahun2012 AT profdreduardustandelilinmba estimasinilaiintrinsiksahamptbankdanamonindonesiatbkdalamrangkaakuisisiolehdbsgroupholdingsltdtahun2012 |