Insight Provider, CrossASEAN Research

Nicolas Van Broekhoven

Was on the buyside for 15 years, most recently at a medium-sized boutique asset management firm. I grew up in Europe, went to university in the US and have been living in Singapore for the last 7 years which has given me a broad scope on the world and investing in general.

Consider myself a generalist investor with a preference for small and mid-cap companies and special situations. However, a large cap that has gone temporarily out of favor might also pique my interest. 

My style of investing could be categorized as more of value investor, rather than growth at any cost. Learning from Charlie Munger on the importance of quality of a company has been of tremendous value over the years.I like businesses with real earnings, cash flows, dividends, book value and insider ownership.

Insight Provider

AEM Holdings: FY18 Results Solid; Decent FY19 Outlook; Upside Could Come from Huawei and Novoflex

AGM AEM + 1Q19 Results: Riding the 5G Wave; Investors Should Watch NovoFlex and Huawei Developments

AEM (AEM SP): Strong 1H19 and Increased FY19 Guidance Leave AEM Trading at Less than 1x FY19 Sales

AEM: Strong Momentum Continues with Share Price +80% YTD; Fair Value Raised to 8.4 SGD (+40% Upside)

Discover Singapore: AEM Holdings Was up 462% in 2017, Will Its Momentum Continue?

AEM Announces European Acquisition Which Is +/-5% Accretive and Offers Large Opportunity for Growth

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

<a href="https://www.smartkarma.com/entities/11019" target="_blank" data-smartkarma-citation="entities:11019:1">Aem Holdings (AEM SP)</a> was one of the high fliers on SGX in 2017 when the share price went up almost 500% in one year. Earlier this year the share price went up another 100% (peak 1.9 SGD/share in March) before coming down to earth recently. After the second quarter results were announced the company took a -16% beating on Tuesday and today they are down another -23%. YTD the stock is now -9%.
The market cap of AEM Holdings is now down to only 207M SGD (EV 161M SGD) or just above 118M USD. The…

Aem Holdings (AEM SP) was one of the high fliers on SGX in 2017 when the share price went up almost 500% in one year. Earlier this year the share price went up another 100% (peak 1.9 SGD/share in March) before coming down to earth recently. After the second quarter results were announced the company took a -16% beating on Tuesday and today they are down another -23%. YTD the stock is now -9%.
The market cap of AEM Holdings is now down to only 207M SGD (EV 161M SGD) or just above 118M USD. The…

AEM Holdings: 1H18 Results on Track but Intel 10-Nano Chip Delay Impacts 2019 Outlook Negatively