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

AGM IPS Securex: Hope Springs Eternal, Will FY20 Finally Be Its Breakout Year?

Discover Singapore: IPS Securex (IPSS SP); Defending Asian Governments from Terrorist Threats

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

Today I attended the AGM of <a href="https://www.smartkarma.com/entities/15717" target="_blank" data-smartkarma-citation="entities:15717:1">IPS Securex Holdings Ltd (IPSS SP)</a> which was held at the beautiful Seletar Country Club. <figure class="editor-figure mceNonEditable"><img class="editor-image img-responsive" src="https://static-prod.smartkarma.com/images/media/000/036/503/original/agm%20picture.jpg?1508919976" data-smartkarma-image-id="36503"></figure>IPS is a Singapore listed security solutions provider that has seen its share price absolutely hammered from a peak of 0.33 SGD in December 2015 to 0.07 SGD recently. The market cap is currently 35M SGD or 26M USD.<figure class="editor-figure mceNonEditable"><img class="editor-image img-responsive" src="https://static-prod.smartkarma.com/images/media/000/036/509/original/Price-Chart-of-IPS-Securex-since-listing-SGD-Last-Price_chartbuilder.png?1508921501" data-smartkarma-image-id="36509"></figure>At the time of my last insight (see insight stream on your right) the stock was 0.10 and I had warned that weak full-year results (the company has June year-end) might…

Today I attended the AGM of IPS Securex Holdings Ltd (IPSS SP) which was held at the beautiful Seletar Country Club. IPS is a Singapore listed security solutions provider that has seen its share price absolutely hammered from a peak of 0.33 SGD in December 2015 to 0.07 SGD recently. The market cap is currently 35M SGD or 26M USD.At the time of my last insight (see insight stream on your right) the stock was 0.10 and I had warned that weak full-year results (the company has June year-end) might…

AGM IPS Securex: Will 2018 (Finally) Be a Better Year?