Johannes Salim, CFA

Equity Bottom-Up

<ul>
<li>Conference call with the IR of <a href="https://www.smartkarma.com/entities/15656" target="_blank" data-smartkarma-citation="entities:15656:1">Blue Bird Corp (BLBD US)</a> reveals that competition, especially from online taxi players, has turned more rationale.</li>
<li>In a cut-throat competition (that happened past few years), BIRD has proved to be the last man standing among offline taxi companies.</li>
<li>Collaboration with <a href="https://www.smartkarma.com/entities/25976" target="_blank" data-smartkarma-citation="entities:25976:1">GO-JEK Indonesia PT (1379371D IJ)</a> reinforces BIRD's evolution to be both offline and online taxi player. </li>
<li>(Trailing) FCF yield is a whopping 12-13%, indicating that BIRD offers quite a value especially for long-term deep value investors.</li>
</ul>


Conference call with the IR of Blue Bird Corp (BLBD US) reveals that competition, especially from online taxi players, has turned more rationale.
In a cut-throat competition (that happened past few years), BIRD has proved to be the last man standing among offline taxi companies.
Collaboration with GO-JEK Indonesia PT (1379371D IJ) reinforces BIRD's evolution to be both offline and online taxi player. 
(Trailing) FCF yield is a whopping 12-13%, indicating that BIRD offers quite a value especially for long-term deep value investors.


Blue Bird Tbk: Light at the End of the Tunnel