Call with Nielsen: Is It Weaker Purchasing Power or Online Shopping?
A conference call with Nielsen Indonesia reveals that FMCG consumption growth YT-Sep has decelerated to only 2.7% growth YoY. Online shopping is...
145 Views
The Week That Was in ASEAN@Smartkarma - Terminals, Budgets and Autobots
This week's offering in ASEAN@Smartkarma in in eclectic mix of equity bottom up and macro, strategy and thematic insights across the regions. I...
115 Views
Matahari Department Store: Key Takeaways from the Call
PT Matahari Department Store (LPPF IJ)'s 3Q17 earnings call highlights continued optimism of CEO Richard Gibson, especially on the company's...
170 Views
Matahari Department Store Low and Rally Cycle
Matahari has been on our radar as oversold readings and brewing divergences matured. There is undeniable evidence that a macro cycle turn is at...
145 Views
Matahari Department Store (Initiation)- High Quality Retailer at a Reasonable Price
Investment Thesis Matahari Department Store is the largest department store in Indonesia. The company is one of the most profitable retailers in...
777 Views