ASEAN Insight Provider, CrossASEAN Research

Angus Mackintosh

In Equity Sales and Research for more than 25 years covering Asian markets. Possesses in-depth knowledge of a wide range of companies, economies, and markets in Asia. Over his career, he has specialised in HK/China and ASEAN markets at various different Investment Banks, most recently heading equities in Indonesia for Bank of America Merrill Lynch in Jakarta for more than three years. Whilst in Jakarta, he produced a well-read daily and weekly product on the Indonesian market, which included company visits, as well as political, economic and sector commentary. A former racing skier, who enjoys ultra-marathons and surfing in his spare time.

ASEAN Insight Provider

FIRST REIT Rights Right FIRST REIT. Right On.

CrossASEAN Strategy - BI's New Rules a Fillip for Indonesian Property and Autos?

Lippo Karawaci (LPKR IJ) - Reasons to Be Cheerful

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

<a href="https://www.smartkarma.com/entities/lippo-karawaci-tbk-pt" target="_blank" data-smartkarma-citation="entities:3121:1" rel="noopener">Lippo Karawaci (LPKR IJ)</a> CEO John Riady hosted a call to update investors and analysts on the company's business and prospects, revealing some key milestones and an exciting outlook. 
The company has delivered on all fronts despite COVID-19, with strong execution and increasing traction for its core business, and will scale up in 2021 to continue this momentum. 
<a href="https://www.smartkarma.com/entities/lippo-karawaci-tbk-pt" target="_blank" data-smartkarma-citation="entities:3121:1" rel="noopener">Lippo Karawaci (LPKR IJ</a>) has now completed its refinancing and now has a stronger governance framework and senior management team. 
It just completed the long-awaited divestment of Lippo Mall Puri to <a href="https://www.smartkarma.com/entities/lippo-malls-indonesia-retail-trust" target="_blank" data-smartkarma-citation="entities:10946:1" rel="noopener">Lippo Malls Indonesia Retail Trust (LMRT SP)</a> for IDR3.5tn, which is significantly cash and value-accretive for <a href="https://www.smartkarma.com/entities/lippo-karawaci-tbk-pt" target="_blank" data-smartkarma-citation="entities:3121:1" rel="noopener">Lippo Karawaci (LPKR IJ).</a>
<a href="https://www.smartkarma.com/entities/lippo-karawaci-tbk-pt" target="_blank" data-smartkarma-citation="entities:3121:1" rel="noopener">Lippo Karawaci (LPKR IJ)</a> recently announced its FY2020 Marketing Sales with an increase of +45% YoY to Rp2.67tn, which was +8% above its FY20 target. The company targets  FY2021 marketing Sales of IDR3.5tn to be supported by multiple affordable landed housing launches.

Lippo Karawaci (LPKR IJ) CEO John Riady hosted a call to update investors and analysts on the company's business and prospects, revealing some key milestones and an exciting outlook. 
The company has delivered on all fronts despite COVID-19, with strong execution and increasing traction for its core business, and will scale up in 2021 to continue this momentum. 
Lippo Karawaci (LPKR IJ) has now completed its refinancing and now has a stronger governance framework and senior management team. 
It just completed the long-awaited divestment of Lippo Mall Puri to Lippo Malls Indonesia Retail Trust (LMRT SP) for IDR3.5tn, which is significantly cash and value-accretive for Lippo Karawaci (LPKR IJ).
Lippo Karawaci (LPKR IJ) recently announced its FY2020 Marketing Sales with an increase of +45% YoY to Rp2.67tn, which was +8% above its FY20 target. The company targets  FY2021 marketing Sales of IDR3.5tn to be supported by multiple affordable landed housing launches.

Lippo Malls Indonesia Retail Trust (LMRT SP)

Lippo Karawaci (LPKR IJ) - An Audience with the Future