ANALISIS NILAI PASAR WAJAR SAHAM PT BANK TABUNGAN PENSIUNAN NASIONAL TBK DALAM RANGKA RIGHT ISSUE TAHUN 2010
In strengthening firm�s capital structure and expanding firm�s business, PT Bank Tabungan Pensiunan Nasional Tbk (BTPN) has conducted a corporate action through Right Issue I on December 2010. The purpose of this research is to analyze the fair market value of the Right Issue offering price. The...
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| 格式: | Thesis |
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[Yogyakarta] : Universitas Gadjah Mada
2011
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| _version_ | 1826043794624086016 |
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| author | , Rennie Kameswara , M. Edhie Purnawan, M.A., Ph.D. |
| author_facet | , Rennie Kameswara , M. Edhie Purnawan, M.A., Ph.D. |
| author_sort | , Rennie Kameswara |
| collection | UGM |
| description | In strengthening firm�s capital structure and expanding firm�s business, PT
Bank Tabungan Pensiunan Nasional Tbk (BTPN) has conducted a corporate
action through Right Issue I on December 2010. The purpose of this research is to
analyze the fair market value of the Right Issue offering price. The fair market
value in this research is obtained by using discounted cash flow-cash flow to
equity model and relative valuation with application of PER (Price to Earning
Ratio) and PBV (Price to Book Value) multiples. This research also uses the
economic forecasting approach based on time series data namely technical
analysis, by using Vector Autoregression model as a tool to forecast the stock
price of BTPN. The fair market value of BTPN can be used by firm as a reference
in determining the share price that will be offered to the public. It also can be used
by investor in evaluating whether the pricing of BTPN is overvalued or
undervalued.
For this study, the data observed using discounted cash flow-cash flow to
equity model and relative valuation are five financial statements and other
information contained in the annual report of BTPN for period 2005 to 2009,
financial statement in 2010 (quarter III) of BTPN and prospectus 2010 of BTPN,
financial statements in 2010 (quarter III) of the comparable companies |
| first_indexed | 2024-03-13T22:09:24Z |
| format | Thesis |
| id | oai:generic.eprints.org:90111 |
| institution | Universiti Gadjah Mada |
| last_indexed | 2024-03-13T22:09:24Z |
| publishDate | 2011 |
| publisher | [Yogyakarta] : Universitas Gadjah Mada |
| record_format | dspace |
| spelling | oai:generic.eprints.org:901112014-08-20T02:53:32Z https://repository.ugm.ac.id/90111/ ANALISIS NILAI PASAR WAJAR SAHAM PT BANK TABUNGAN PENSIUNAN NASIONAL TBK DALAM RANGKA RIGHT ISSUE TAHUN 2010 , Rennie Kameswara , M. Edhie Purnawan, M.A., Ph.D. ETD In strengthening firm�s capital structure and expanding firm�s business, PT Bank Tabungan Pensiunan Nasional Tbk (BTPN) has conducted a corporate action through Right Issue I on December 2010. The purpose of this research is to analyze the fair market value of the Right Issue offering price. The fair market value in this research is obtained by using discounted cash flow-cash flow to equity model and relative valuation with application of PER (Price to Earning Ratio) and PBV (Price to Book Value) multiples. This research also uses the economic forecasting approach based on time series data namely technical analysis, by using Vector Autoregression model as a tool to forecast the stock price of BTPN. The fair market value of BTPN can be used by firm as a reference in determining the share price that will be offered to the public. It also can be used by investor in evaluating whether the pricing of BTPN is overvalued or undervalued. For this study, the data observed using discounted cash flow-cash flow to equity model and relative valuation are five financial statements and other information contained in the annual report of BTPN for period 2005 to 2009, financial statement in 2010 (quarter III) of BTPN and prospectus 2010 of BTPN, financial statements in 2010 (quarter III) of the comparable companies [Yogyakarta] : Universitas Gadjah Mada 2011 Thesis NonPeerReviewed , Rennie Kameswara and , M. Edhie Purnawan, M.A., Ph.D. (2011) ANALISIS NILAI PASAR WAJAR SAHAM PT BANK TABUNGAN PENSIUNAN NASIONAL TBK DALAM RANGKA RIGHT ISSUE TAHUN 2010. UNSPECIFIED thesis, UNSPECIFIED. http://etd.ugm.ac.id/index.php?mod=penelitian_detail&sub=PenelitianDetail&act=view&typ=html&buku_id=50799 |
| spellingShingle | ETD , Rennie Kameswara , M. Edhie Purnawan, M.A., Ph.D. ANALISIS NILAI PASAR WAJAR SAHAM PT BANK TABUNGAN PENSIUNAN NASIONAL TBK DALAM RANGKA RIGHT ISSUE TAHUN 2010 |
| title | ANALISIS NILAI PASAR WAJAR SAHAM
PT BANK TABUNGAN PENSIUNAN NASIONAL TBK
DALAM RANGKA RIGHT ISSUE TAHUN 2010 |
| title_full | ANALISIS NILAI PASAR WAJAR SAHAM
PT BANK TABUNGAN PENSIUNAN NASIONAL TBK
DALAM RANGKA RIGHT ISSUE TAHUN 2010 |
| title_fullStr | ANALISIS NILAI PASAR WAJAR SAHAM
PT BANK TABUNGAN PENSIUNAN NASIONAL TBK
DALAM RANGKA RIGHT ISSUE TAHUN 2010 |
| title_full_unstemmed | ANALISIS NILAI PASAR WAJAR SAHAM
PT BANK TABUNGAN PENSIUNAN NASIONAL TBK
DALAM RANGKA RIGHT ISSUE TAHUN 2010 |
| title_short | ANALISIS NILAI PASAR WAJAR SAHAM
PT BANK TABUNGAN PENSIUNAN NASIONAL TBK
DALAM RANGKA RIGHT ISSUE TAHUN 2010 |
| title_sort | analisis nilai pasar wajar saham pt bank tabungan pensiunan nasional tbk dalam rangka right issue tahun 2010 |
| topic | ETD |
| work_keys_str_mv | AT renniekameswara analisisnilaipasarwajarsahamptbanktabunganpensiunannasionaltbkdalamrangkarightissuetahun2010 AT medhiepurnawanmaphd analisisnilaipasarwajarsahamptbanktabunganpensiunannasionaltbkdalamrangkarightissuetahun2010 |