Asian Insight Provider - Actionable ideas, CrossASEAN Research

Henry Soediarko

A Long & Short Investment Ideas generator for Asian Equities with 10 years experience in a Hedge fund focused on bottom-up ideas, searching out mispriced ideas and misunderstood investment thesis. Provides on-the-ground insights in various Asian markets with a sway towards ASEAN. Experienced and survived the Asian Financial Crisis in a family business, as well as the Global Financial Crisis in financial markets where lessons learned. It's all about understanding business drivers and navigating business cycles, which has high applicability in generating investment ideas. 

Investment horizon: Mid to Long term

Asian Insight Provider - Actionable ideas

DNL: Ingredients Maker Joins Forces for Regional Push

Hatching the Hatchimals Through DNL Industries

Equity Bottom-Up

DNL provides an indirect exposure to the Philippines consumer’s segment by becoming a supplier to most of the consumer business in the Philippines. The company focuses on its R&amp;D activity whose charges are not passed to the customer (DNL owns the formulation). The company also employs an asset policy that keeps their balance sheet relatively light.Country’s GDP has grown 7% on average the past few years. The political risk could be hindering investors from putting their risk capital to the country but recent tough regime change administered by current President Duterte seemed to bring peace and stability to the country.Agreement with Ventura Foods was signed in 2014 and DNL will start actual work for Ventura in 1H 2017. This will increase its revenue and set the path for its export revenue in addition to the revenue from domestic demand.

DNL provides an indirect exposure to the Philippines consumer’s segment by becoming a supplier to most of the consumer business in the Philippines. The company focuses on its R&amp;D activity whose charges are not passed to the customer (DNL owns the formulation). The company also employs an asset policy that keeps their balance sheet relatively light.Country’s GDP has grown 7% on average the past few years. The political risk could be hindering investors from putting their risk capital to the country but recent tough regime change administered by current President Duterte seemed to bring peace and stability to the country.Agreement with Ventura Foods was signed in 2014 and DNL will start actual work for Ventura in 1H 2017. This will increase its revenue and set the path for its export revenue in addition to the revenue from domestic demand.  

DNL Industries: Your Research-Driven Consumer Company in the Philippines.

D&L Industries

DNL Industries: Your Research-Driven Consumer Company in the Philippines.