The Week that Was in ASEAN@Smartkarma - Online Taxis, Towers, and Coal Contractors
This week's offering across ASEAN@Smartkarma includes the usual differentiated, substantive and actionable mix of insights both equity bottom up...
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Hexindo Adiperkasa: Still a Table Pounding Buy Idea
With operating profit surging by 33% YoY, operating leverage story played out nicely in 3QFY18 results of Hexindo Adiperkasa Tbk Pt (HEXA IJ). Net...
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Komatsu/HCM Result and Forecast Comparison and Hexindo Adiperkasa Readthrough
In comparing the regional forecasts by Komatsu Ltd (6301 JP) and Hitachi Construction Machinery (6305 JP), we find significant discrepancies and a...
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Hexindo Adiperkasa Restructuring Not Fully Appreciated. HCM Subsidiary with Upside but Low Liquidity
HEXA liquidity is currently below USD100K per day, making it difficult to invest in for most. Nevertheless, as a follow-up to our brief look at...
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