Bumi Resources named Kideco candidate while Bumi Resources stock trades at EUR 0.01

Published on 10/12/2026 at 09:33 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Bumi Resources drew a Kideco bid rumor above USD 1.00 billion on October 11, 2026. Bumi Resources stock costs EUR 0.01 today.

Key points in brief

Bumi Resources was linked to a potential Kideco acquisition valued above USD 1.00 billion on October 11, 2026.
First-half 2026 revenue increased 27.90 percent to USD 866.80 million, while pretax profit rose 102.50 percent to USD 104.30 million.
Bumi Resources stock was at EUR 0.01 at Lang & Schwarz on October 12, 2026 at 9:27 a.m. CEST.
The next scheduled earnings date is October 30, 2026.

Bumi Res, ID1000068703, Illustration mit AI erstellt.

Bumi Resources was linked to a potential acquisition of Kideco Jaya Agung valued above USD 1.00 billion on October 11, 2026, while Bumi Resources stock was at EUR 0.01 at Lang & Schwarz on October 12, 2026 at 9:27 a.m. CEST. Kontan reported that the proposed transaction could exceed USD 1.00 billion and described the development as a market rumor.

Three dated developments shape Bumi

On September 14, 2026, MNC Securities started coverage with a Buy rating and an IDR 300 target, according to MarketScreener. On September 22, 2026, Bumi Resources reported first-half revenue of USD 866.80 million, up 27.90 percent year over year, and pretax profit of USD 104.30 million, up 102.50 percent, as reported by Kompas.com.

On October 11, 2026, the Kideco report added a potential transaction above USD 1.00 billion to the company timeline. Kideco produced 15.20 million tons of coal and generated USD 855.09 million in revenue during the first half of 2026, figures reported by Kontan.

What the Kideco bid means for scale

Kideco could add a large thermal-coal operating base to Bumi Resources if the reported transaction progresses. The reported first-half production of 15.20 million tons provides a concrete scale reference, while the USD 855.09 million revenue figure shows the size of the asset under discussion.

The financial comparison is already visible in Bumi Resources' own first-half numbers: revenue increased 27.90 percent to USD 866.80 million, and pretax profit rose 102.50 percent to USD 104.30 million. Those figures give the rumored acquisition a business context, but the transaction value above USD 1.00 billion remains the central scale marker.

October 30 results date sets next marker

InvestPane lists October 30, 2026 as the next scheduled earnings date. That date will give investors the next reported period for testing whether the first-half growth rates continue into the second half of 2026.

For market context, Bumi Resources is listed on the Indonesia Stock Exchange under ticker BUMI.JK and operates in the energy sector with a thermal-coal focus. The current Lang & Schwarz quote is EUR 0.01 on October 12, 2026 at 9:27 a.m. CEST.

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