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

PT Metrodata Electronics (MTDL IJ) - Sharp Rebound in Solutions & Consulting

The Week That Was in ASEAN@Smartkarma - Astra International, GoTo, and XL Axiata

PT Metrodata Electronics (MTDL IJ) - Digitising Private and Public Indonesia

PT Metrodata Electronics (MTDL IJ) - Enabling Digitalization Across Sectors

PT Metrodata Electronics (MTDL IJ) - The Digital Transformer

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

PT Metrodata Electronics / Equity Bottom-Up

<ul>
<li>
<a href="https://www.smartkarma.com/entities/metrodata-electronic-pt" target="_blank" data-smartkarma-citation="entities:7184:1" rel="noopener">PT Metrodata Electronics (MTDL IJ)</a> saw a strong rebound in 1Q2024 for its distribution business, especially for telco products, which partially offset the slower growth in solutions &amp; consulting. </li>
<li>Solutions&amp;consulting saw slow growth due to some delays over projects due to political uncertainty ahead of the election but it did have the support of recurrent income from software.</li>
<li>
<a href="https://www.smartkarma.com/entities/metrodata-electronic-pt" target="_blank" data-smartkarma-citation="entities:7184:1" rel="noopener">PT Metrodata Electronics</a> should see a recovery in solutions &amp; consulting in 2H2024, with increasing demand from AI-related projects, which will further drive future growth. Valuations remain attractive.</li>
</ul>



PT Metrodata Electronics (MTDL IJ) saw a strong rebound in 1Q2024 for its distribution business, especially for telco products, which partially offset the slower growth in solutions &amp; consulting. 
Solutions&amp;consulting saw slow growth due to some delays over projects due to political uncertainty ahead of the election but it did have the support of recurrent income from software.

PT Metrodata Electronics should see a recovery in solutions &amp; consulting in 2H2024, with increasing demand from AI-related projects, which will further drive future growth. Valuations remain attractive.


PT Metrodata Electronics (MTDL IJ) - A Future in AI Implementation