Bumi buy Pendopo, what next ??

PT Bumi Resources, Asia's biggest exporter of power-station coal, said it will buy a controlling
stake in PT Pendopo Energi Batubara, the Indonesian company's third acquisition in a week. Bumi will pay 1.3 trillion rupiah ($119 million) for an 84 percent interest in the coal mining company and plans to complete the purchase in two years, the Jakarta-based fuel exporter said
in a statement to the Indonesia Stock Exchange today.
The stock price of Bumi Resources fell down and led to auto rejection due to the negative sentiment among the investors concerning with the acquisition of two companies in the past week.
Bumi indirectly acquired 44 percent of PT Darma Henwa Tbk (Dewa) shares worth IDR2.41 trillion and 75.74 percent of PT Fajar Bumi Sakti shares worth IDR2.48 trilion.
Fajar Bumi is mining and general trading company with 988 hectare plots of mining concession in Load Ulung, Tenggarong, East Kalimantan. The proven reserves here are about 14 tons.
Dewa is mining contractor in cooperation with Bumi.
Dewa has strategic contract relation with Bumi particularly mining contract in Bengalon, East Kalimantan and Asam Asam in South Kalimantan. Dewa this year expected to explore 7-9 million tons of coals in Bengalon and 2 million tons in Asam Asam.
The mining contractor here committed to increase the production into 12 million tons in Bengalong and five times higher into 10 million tons in Asam Asam within the upcoming three years