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

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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

After the amazing Q2 2020 performance, the Q3 result was less stellar compared as the pandemic has seemed to be under control but the recent increase in the outbreak means it is the right time to cover the shorts in <a href="https://www.smartkarma.com/entities/nissin-foods-co-ltd" target="_blank" data-smartkarma-citation="entities:26062:1" rel="noopener">Nissin Foods (1475 HK)</a> and go long with the assumption that the fear factor will kick in again that will create a panic buying and once again - stay at home during the pandemic. 
For long-short investors - the long trade of Nissin Foods can be paired up with either a short in <a href="https://www.smartkarma.com/entities/mtr-corp" target="_blank" data-smartkarma-citation="entities:13289:1" rel="noopener">MTR Corp (66 HK)</a> or <a href="https://www.smartkarma.com/entities/cafe-de-coral-holdings-ltd" target="_blank" data-smartkarma-citation="entities:2568:1" rel="noopener">Cafe De Coral Holdings (341 HK)</a> , both of which trade at ludicrous valuation while maintaining a questionable performance in the next quarter if the lockdown in Hong Kong is going to be reinstated. 
<figure class="editor-figure mceNonEditable"><img src="https://static-prod.smartkarma.com/images/media/000/172/900/original/image_63144037491605899958762.png?1605899960" class="editor-image img-responsive" data-smartkarma-image-id="172900"></figure>
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source: Capital IQ
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After the amazing Q2 2020 performance, the Q3 result was less stellar compared as the pandemic has seemed to be under control but the recent increase in the outbreak means it is the right time to cover the shorts in Nissin Foods (1475 HK) and go long with the assumption that the fear factor will kick in again that will create a panic buying and once again - stay at home during the pandemic. 
For long-short investors - the long trade of Nissin Foods can be paired up with either a short in MTR Corp (66 HK) or Cafe De Coral Holdings (341 HK) , both of which trade at ludicrous valuation while maintaining a questionable performance in the next quarter if the lockdown in Hong Kong is going to be reinstated. 


source: Capital IQ


Nissin Food (1475): HK COVID-19 - Reversal of WFH Vs Going Out