Bumi Resources clarifies Kideco reports for Bumi Res stock

Published on 10/14/2026 at 12:04 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Bumi Resources clarified Kideco reports on October 13, 2026. Bumi Res stock costs EUR 0.01 on October 14, 2026.

Kideco reports and operating growth

Bumi Resources addressed Kideco acquisition reports on October 13, 2026.
First-half 2026 revenue increased 27.90 percent to USD 866.80 million.
Bumi Res stock was trading at EUR 0.01 at 12:00 p.m. CEST at Lang & Schwarz on October 14, 2026.

Bumi Res, ID1000068703, Illustration mit AI erstellt.

Bumi Resources (ISIN ID1000068703) clarified reports about a possible Kideco acquisition on October 13, 2026, while Bumi Res stock was trading at EUR 0.01 at Lang & Schwarz on October 14, 2026 at 12:00 p.m. CEST. The company said material corporate developments would be disclosed through the required market channels.

Three events shape the story

On June 29, 2026, Bumi Resources completed the divestment of a 3.03 percent interest in Citra Palu Mineral for USD 9.06 million, according to Liputan6.

On September 22, 2026, first-half revenue reached USD 866.80 million, up 27.90 percent year over year, while pretax income rose 102.50 percent to USD 104.30 million, Kompas.com reported.

On October 13, 2026, Bumi Resources addressed the Kideco reports while the stock was cited at IDR 167.00 in market coverage, according to Liputan6.

What does the clarification change?

The immediate effect is a sharper distinction between reported speculation and disclosed corporate action. Bumi Resources said the Kideco reports relied on unidentified sources and described the potential transaction as a matter that could not be addressed as a confirmed corporate development.

The company also reiterated its strategy of diversifying beyond thermal coal. That direction matters against the operating backdrop: first-half 2026 revenue increased 27.90 percent to USD 866.80 million, and pretax income advanced 102.50 percent to USD 104.30 million, figures reported by Kompas.com. The combination gives investors two separate reference points: verified earnings momentum and an unconfirmed strategic possibility.

Technical coverage published on October 13, 2026, placed a potential BUMI buying area at IDR 155.00 to IDR 160.00 and a target at IDR 185.00, while also highlighting the need for formal disclosure on Kideco, according to Investor. Those levels are Indonesian-market context and are separate from the euro quote used in this article.

Euro quote stays at EUR 0.01

At Lang & Schwarz, Bumi Res was trading at EUR 0.01 on October 14, 2026 at 12:00 p.m. CEST. On the IDX, the finance quote showed IDR 165.00 on October 14, 2026, with a 52-week range of IDR 126.00 to IDR 484.00 and market capitalization of IDR 61.3 trillion.

The further course of trading is shown by the continuously updated real-time quote of Bumi Res stock.