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

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) - A Future in AI Implementation

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 steady 13% increase in profits in 3Q2024 but this masks a sharp sequential rebound in 3Q2024 from both ICT and Solutions &amp; Consulting.</li>
<li>The key driver for the ICT segment came from the telco segment, whilst the S&amp;C segment was driven by financial services and the corporate segment, with 55% recurrent segment revenues. </li>
<li>Outlook for 4Q2024 looks positive for S&amp;C with momentum picking up with the new government has taken office. MTDL is increasing exposure to AI now at 7% of S&amp;C sales.</li>
</ul>



PT Metrodata Electronics (MTDL IJ) saw a steady 13% increase in profits in 3Q2024 but this masks a sharp sequential rebound in 3Q2024 from both ICT and Solutions &amp; Consulting.
The key driver for the ICT segment came from the telco segment, whilst the S&amp;C segment was driven by financial services and the corporate segment, with 55% recurrent segment revenues. 
Outlook for 4Q2024 looks positive for S&amp;C with momentum picking up with the new government has taken office. MTDL is increasing exposure to AI now at 7% of S&amp;C sales.


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