The Week That Was in ASEAN@Smartkarma - GoTo CM Breakeven, Siloam Hospitals, and BNI in Better Shape
The Week That Was in ASEAN@Smartkarma is filled with an eclectic mix of differentiated, substantive, and actionable insights, macro and equity...
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GoTo (GOTO IJ) - Foundations Laid for Profitable Growth
GoTo 1Q2023 numbers were impressive with the group now contribution margin positive for all its divisions plus making good headway towards positive...
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GoTo(GOTO IJ): Better than Expected Profitability Improvement
GOTO has come a long way to adjusting its model from incentives and marketing based strategy to drive GTV, to prioritizing profit with strong...
341 Views
Rakuten Bank IPO Trading - Ample Upside
Rakuten Bank (5838 JP), the online banking arm of Rakuten (4755 JP), raised around US$630m in its Japan IPO. In this note, we talk about the...
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Astra International (ASII IJ) - A Solid Start with Data in Mind
Astra International (ASII IJ) registered a strong start to the year with strong growth across most of its major divisions in 1Q2023, including 4W,...
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