Asian Insight Provider - Actionable ideas, CrossASEAN Research

Henry Soediarko

Asian Insight Provider - Actionable ideas

CrossASEAN Research

At CrossASEAN Research we strive to produce unbiased and differentiated on the ground insights on companies across South East Asia. Our Research is produced for the most part after face to face meetings and conversations with company management to dig deep into the long term vision and strategy of the companies we cover. We seek to deliver investable and actionable themes on sectors and markets across SE Asia, often in collaboration with other Insight Providers across the region, pooling the vast experience of the analysts within the Smartkarma Ecosystem. We also offer bespoke work and tailor made trips for our clients. 

Insights across South East Asia

Equity Bottom-Up

There are a few things that have taken place in the past few months for MyEG; share price of MyEG has been sold off due to a close association with the fallen of the previous PM, changing from GST to SST that presumably may reduce revenue from the GST filing, signed an MOA with Bangladesh government - a mixed bag of negative and positive driver to the group's business. In this report, we will try to answer the following question:<ol>
<li>share price sold off - what is the implication to the valuation</li>
<li>changing from GST to SST - what is the impact to the group's revenue</li>
<li>non-concessionary venture</li>
<li>e-government service to other countries</li>
<li>what shall we do with the current valuation; buy, hold or sell?</li>
</ol>

There are a few things that have taken place in the past few months for MyEG; share price of MyEG has been sold off due to a close association with the fallen of the previous PM, changing from GST to SST that presumably may reduce revenue from the GST filing, signed an MOA with Bangladesh government - a mixed bag of negative and positive driver to the group's business. In this report, we will try to answer the following question:
share price sold off - what is the implication to the valuation
changing from GST to SST - what is the impact to the group's revenue
non-concessionary venture
e-government service to other countries
what shall we do with the current valuation; buy, hold or sell?


Technical Analyst, Vermilion Research

Joe Jasper

Technical Analyst

Technical and Quantitative Research

Vermilion Research

Vermilion’s objective is to deliver timely, actionable, and unique technical research to professional investors through the application of our various technical indicators.

Our research strategists seek to highlight securities which we believe are at major inflection points, based on our various technical and quantitative indicators, and offer asymmetric risk/return profiles. Our unique research methodology, centered on relative strength, enables our strategists to deliver superior investment recommendations.

Our process begins by organizing the universe of actively traded stocks into discrete sectors, then into industry groups. We then apply our technical and quantitative tools to identify developing price trends. Once attractive trends are identified within a selected sector or group, we screen for individual stocks which we believe offer the best risk/reward profile. We provide a historical perspective that often reveals, through our long-term charts, how price patterns often repeat themselves over time.

Technical Analysis

Actionable Charts from Smart Karma’s Most-Searched Tickers.We ran through a list of the most frequently searched tickers on the SmartKarma platform using the Discovery Tool.  See the attached report for a complete list of our recommendations from this list.

Actionable Charts from Smart Karma’s Most-Searched Tickers.We ran through a list of the most frequently searched tickers on the SmartKarma platform using the Discovery Tool.  See the attached report for a complete list of our recommendations from this list.

Thematic (Sector/Industry)

President Rodrigo reportedly was very upset with the Kuwait government after the incident that left the 29-year-old Joanna Demafelis, an OFW, dead and found in the freezer in a Kuwaiti flat last earlier this month. The Philippine foreign affairs department mentioned on Monday, Feb 12 that they will ban new employment in Kuwait, including Filipinos who had already obtained employment permits but had not yet left for Kuwait. The Philippine government would shoulder the cost for the migrants'…

President Rodrigo reportedly was very upset with the Kuwait government after the incident that left the 29-year-old Joanna Demafelis, an OFW, dead and found in the freezer in a Kuwaiti flat last earlier this month. The Philippine foreign affairs department mentioned on Monday, Feb 12 that they will ban new employment in Kuwait, including Filipinos who had already obtained employment permits but had not yet left for Kuwait. The Philippine government would shoulder the cost for the migrants'…

OFW Exiting Kuwait? Impact on the Philippine's Economy

ASEAN Insight Provider, CrossASEAN Research

Angus Mackintosh

ASEAN Insight Provider

Smartkarma

Smartkarma unites the fragmented investment industry, connecting institutional investors, independent research providers, and corporates within a single network.

Research Reinvented

<h2>The Week that Was in <a href="mailto:ASEAN@Smartkarma" target="_blank">ASEAN@Smartkarma </a>
</h2>No doubt that the biggest event of the week was the second round of the election run-off for Governor of Jakarta. The market seems to have taken the surprisingly convincing win by Anies Basewedan in its stride. He toppled the incumbent Chinese Christian Governor, Basuki "Ahok" Tjahaja Purnama, with 58% of the vote versus Ahok's 42% (quick count). The lead was way beyond that was forecast by any of the pre-election surveys. The way the election played out…

The Week that Was in ASEAN@Smartkarma 
No doubt that the biggest event of the week was the second round of the election run-off for Governor of Jakarta. The market seems to have taken the surprisingly convincing win by Anies Basewedan in its stride. He toppled the incumbent Chinese Christian Governor, Basuki "Ahok" Tjahaja Purnama, with 58% of the vote versus Ahok's 42% (quick count). The lead was way beyond that was forecast by any of the pre-election surveys. The way the election played out…

The Week that Was in ASEAN@Smartkarma - Coal, Space Ships, And Apartments

Despite the economic slowdown and low oil price, remittance continues to be an important component of Philippine's GDP. The OFWs are infamous for having the right working culture and always try to send money back to improve the living condition back home. <a href="https://www.smartkarma.com/entities/329" target="_blank" data-smartkarma-citation="entities:329:1">BDO Unibank Inc (BDO PM)</a> holds the largest share of the remittance from OFW and is controlled by <a href="https://www.smartkarma.com/entities/20015" target="_blank" data-smartkarma-citation="entities:20015:1">Sm Investments Corp (SM PM)</a>. This relationship also benefits BDO when SM develops malls, BDO will automatically be the preferred bank of these malls.

Despite the economic slowdown and low oil price, remittance continues to be an important component of Philippine's GDP. The OFWs are infamous for having the right working culture and always try to send money back to improve the living condition back home. BDO Unibank Inc (BDO PM) holds the largest share of the remittance from OFW and is controlled by Sm Investments Corp (SM PM). This relationship also benefits BDO when SM develops malls, BDO will automatically be the preferred bank of these malls.

Philippines

BDO Unibank Inc provides banking services. The Bank offers saving accounts, investment, loans, credit and debit cards, remittance, insurance, and trade financing services. BDO Unibank serves customers in Philippines.

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BDO Unibank Inc (BDO PM)

MyEG (MYEG): Revenge of the Fallen

There are a few things that have taken place in the past few months for MyEG; share price of MyEG has been sold off due to a close association with...

Henry Soediarko

Popular Stocks, Attractive Charts

Actionable Charts from Smart Karma’s Most-Searched Tickers.We ran through a list of the most frequently searched tickers on the SmartKarma platform...

Vermilion Research

OFW Exiting Kuwait? Impact on the Philippine's Economy

President Rodrigo reportedly was very upset with the Kuwait government after the incident that left the 29-year-old Joanna Demafelis, an OFW, dead...

Henry Soediarko

The Week that Was in ASEAN@Smartkarma - Coal, Space Ships, And Apartments

The Week that Was in ASEAN@Smartkarma No doubt that the biggest event of the week was the second round of the election run-off for Governor of...

Angus Mackintosh

Overseas Filipino Workers: Beneficiaries

Despite the economic slowdown and low oil price, remittance continues to be an important component of Philippine's GDP. The OFWs are infamous for...

Henry Soediarko

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