The Week That Was in ASEAN@Smartkarma - Grab Listing, Cimory IPO, and Kalbe Farma
The week that was in ASEAN@Smartkarma is filled with an eclectic mix of differentiated, substantive, and actionable insights, macro and equity...
222 Views
Cisarua Mountain Dairy (Cimory) IPO: Trading Debut
Cimory priced its IPO at IDR3,080.00 per share. Our DCF value of IDR3,331.04 per share is an 8% upside to the IPO price. The IPO price is fair but...
354 Views
Cisarua Mountain Dairy (Cimory) IPO - A Legend in Dairy
Cimory is the leader in Indonesia for yoghurt both spoonable and drinking but has been growing its exposure to UHT milk plus consumer foods in a...
301 Views
Kalbe Farma (KLBF IJ) - Oiling the Wheels of Health
Kalbe (KLBF IJ) remains a key proxy to healthcare, consumer health, and nutritionals in Indonesia, with an increasingly digital edge to its...
220 Views
The Week That Was in ASEAN@Smartkarma - Sea Ltd's Knockout, Grab's Progress, and the Avian IPO
The week that was in ASEAN@Smartkarma is filled with an eclectic mix of differentiated, substantive, and actionable insights, macro and equity...
272 Views