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

Tsingtao Beer's Sales Volume Expected to Drop 2% in 4Q; Shares Remain Overvalued

Tsingtao's 2016 Earnings Were Lower Than Expected; Shares Remain Overvalued

Capitalizing on the Shift of Consumers' Drinking Taste in China

Equity Bottom-Up

Tsingtao Brewery Co Ltd H / Equity Bottom-Up

BackgroundEight years ago, in 2009, Asahi Group Holding (2502.JT) decided to purchase a minority stake in Tsingtao Brewery hoping to gain entry into the world’s largest beer market, China by getting Tsingtao Brewery to sell Asahi’s flagship “Super Dry” lager in China. To date, Tsingtao still could not sell Asahi’s flagship product as well as faces more competition from foreign brands and local craft beers, eating away profits.  <blockquote>Mr Koji, COO of Asahi Group, noted Tsingtao's "worsened" earnings…</blockquote>

BackgroundEight years ago, in 2009, Asahi Group Holding (2502.JT) decided to purchase a minority stake in Tsingtao Brewery hoping to gain entry into the world’s largest beer market, China by getting Tsingtao Brewery to sell Asahi’s flagship “Super Dry” lager in China. To date, Tsingtao still could not sell Asahi’s flagship product as well as faces more competition from foreign brands and local craft beers, eating away profits.  Mr Koji, COO of Asahi Group, noted Tsingtao's "worsened" earnings…

Tsingtao Brewery Co Ltd H

Is Asahi Really Getting Out of Tsingtao?