Harum Energy Management

Management criteria checks 1/4

We currently do not have sufficient information about the CEO.

Key information

Ray Gunara

Chief executive officer

n/a

Total compensation

CEO salary percentage	n/a
CEO tenure	14.8yrs
CEO ownership	0.02%
Management average tenure	no data
Board average tenure	11.6yrs

Recent management updates

Recent updates

CEO

Ray Gunara (58 yo)

14.8yrs

Tenure

Mr. Ray Antonio Gunara has been the President Director of PT Harum Energy Tbk (formerly known as PT Asia Antrasit) since March 2010 and also serves as its Managing Director and Director of Finance & Busine...

Board Members

Name	Position	Tenure	Compensation	Ownership
Ray Gunara	President Director and Director of Finance & Business Development	14.7yrs	no data	0.018% IDR 2.8b
Kenneth Andrew Thompson	Director of Operations & Director	14.7yrs	no data	no data
Lawrence Barki	President Commissioner	14.7yrs	no data	no data
Yun Mulyana	Commissioner	14.7yrs	no data	no data
Steven Barki	Commissioner	8.5yrs	no data	no data
Then Min Ho	Independent Director	7.9yrs	no data	no data
Dody Hasril	Independent Commissioner	4.3yrs	no data	no data
Astria Wizayanti	Independent Commissioner	4.3yrs	no data	no data

11.6yrs

Average Tenure

57.5yo

Average Age

Experienced Board: HRUM's board of directors are seasoned and experienced ( 11.6 years average tenure).

Harum Energy Management

Management criteria checks 1/4

Key information

Recent management updates

Key Executive recently bought Rp179m worth of stock

Key Executive recently bought Rp334m worth of stock

PT Harum Energy Tbk, Annual General Meeting, Jun 09, 2023

Less than half of directors are independent

PT Harum Energy Tbk, Annual General Meeting, Jun 06, 2022

Less than half of directors are independent

Recent updates

Third quarter 2024 earnings released: EPS: US$0.002 (vs US$0.003 loss in 3Q 2023)

Consensus EPS estimates fall by 29%

Investor sentiment improves as stock rises 16%

Price target decreased by 8.7% to Rp1,973

Second quarter 2024 earnings released: EPS: US$0.003 (vs US$0.004 in 2Q 2023)

Consensus revenue estimates increase by 14%

Key Executive recently bought Rp179m worth of stock

Key Executive recently bought Rp334m worth of stock

Consensus revenue estimates increase by 13%

Investor sentiment deteriorates as stock falls 20%

First quarter 2024 earnings released: EPS: US$0 (vs US$0.008 in 1Q 2023)

New minor risk - Share price stability

Consensus revenue estimates increase by 11%

Investor sentiment deteriorates as stock falls 17%

Price target increased by 7.8% to Rp2,144

Price target decreased by 9.6% to Rp2,057

Third quarter 2023 earnings released: US$0.003 loss per share (vs US$0.007 profit in 3Q 2022)

Price target decreased by 7.8% to Rp2,318

Second quarter 2023 earnings released: EPS: US$0.004 (vs US$0.007 in 2Q 2022)

Consensus EPS estimates fall by 13%

PT Harum Energy Tbk, Annual General Meeting, Jun 09, 2023

Now 21% undervalued after recent price drop

Consensus revenue estimates increase by 14%

Full year 2022 earnings: EPS exceeds analyst expectations while revenues lag behind

Now 22% undervalued after recent price drop

Price target decreased to Rp2,741

Less than half of directors are independent

Consensus forecasts updated

Second quarter 2022 earnings released: EPS: US$0.007 (vs US$0.001 loss in 2Q 2021)

Investor sentiment improved over the past week

Investor sentiment deteriorated over the past week

Consensus EPS estimates increase by 16%

PT Harum Energy Tbk, Annual General Meeting, Jun 06, 2022

Consensus forecasts updated

Less than half of directors are independent

Consensus forecasts updated

Investor sentiment improved over the past week

Full year 2021 earnings: EPS and revenues exceed analyst expectations

Now 20% undervalued

Investor sentiment deteriorated over the past week

Now 20% undervalued

Investor sentiment improved over the past week

Now 22% undervalued

Price target increased to Rp11,850

Investor sentiment improved over the past week

Third quarter 2021 earnings released: EPS US$0.01 (vs US$0.002 in 3Q 2020)

Investor sentiment improved over the past week

Consensus EPS estimates increase to US$0.018

Price target increased to Rp4,950

Second quarter 2021 earnings released: US$0.003 loss per share (vs US$0.008 profit in 2Q 2020)

Consensus forecasts updated

Consensus forecasts updated

Investor sentiment improved over the past week

Consensus forecasts updated

Full year 2020 earnings released: EPS US$0.023 (vs US$0.007 in FY 2019)

Investor sentiment deteriorated over the past week

New 90-day high: Rp7,400

Investor sentiment improved over the past week

New 90-day high: Rp4,890

Investor sentiment improved over the past week

New 90-day high: Rp3,350

New 90-day high: Rp2,980

Market bids up stock over the past week

Analysts update estimates

Third quarter 2020 earnings released: EPS US$0.002

New 90-day high: Rp2,250

Market bids up stock over the past week

New 90-day high: Rp1,680

Price target raised to Rp1,425