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

ISDN (ISDN SP): Stuck in First Gear Since 2005, Can Novo Tellus Get It to Full Speed?

Value-focused bottom-up Asian equity research

NVB Asia Pte Ltd

Equity Bottom-Up

<ul><li><a href="https://www.smartkarma.com/entities/19907" target="_blank" data-smartkarma-citation="entities:19907:1">Isdn Holdings Ltd (ISDN SP)</a> is a Singapore domiciled engineering solutions group</li><li>Erratic track record of profits since 2005 IPO on SGX</li><li>Share price peaked in 2013 at 1.42 SGD, recently trading at 0.25 SGD </li><li>New era of growth set to come from 1) factory automation in China and 2) infrastructure related to OBOR</li><li>In order to achieve its Chinese ambitions the company got secondary listing in HK as <a href="https://www.smartkarma.com/entities/24250" target="_blank" data-smartkarma-citation="entities:24250:1">ISDN Holdings Limited (1656 HK)</a></li><li>Recent management meeting highlights high degree of optimism on doubling profit by 2019</li><li>Fair Value: 0.385 SGD, or 54% upside from current share price</li></ul>

Isdn Holdings Ltd (ISDN SP) is a Singapore domiciled engineering solutions groupErratic track record of profits since 2005 IPO on SGXShare price peaked in 2013 at 1.42 SGD, recently trading at 0.25 SGD New era of growth set to come from 1) factory automation in China and 2) infrastructure related to OBORIn order to achieve its Chinese ambitions the company got secondary listing in HK as ISDN Holdings Limited (1656 HK)Recent management meeting highlights high degree of optimism on doubling profit by 2019Fair Value: 0.385 SGD, or 54% upside from current share price

Discover Singapore: ISDN Holdings; Trading at 0.7x Book & 4x EV/EBITDA. Can Profits Double by '19?