IPOs and Catalysts/Events, Global Equity Research Ltd

Arun George

Arun has over 15 years’ experience covering the Technology sector. During this time, he has worked with technology start-ups and as an equity analyst in investment banks and independent research firms. He was formerly a Technology Analyst for Canaccord Genuity, Altium Securities, Espirito Santo Investment Bank, Noble Group and Clear Capital. He has a dual Master’s degree in Financial Engineering and Industrial and Operations Engineering from the University of Michigan. He obtained his Bachelor’s degree in Mechanical Engineering from the Indian Institute of Technology, Bombay. He is also a CFA charterholder.

IPOs and Catalysts/Events

Saratoga Investama Sedaya (SRTG IJ) - A World of Indonesian Themes

Saratoga Investama: A Premier Private Equity Firm Trading at a Deep Value

Uncompromised, Independent, Conflict-Free Research

Global Equity Research Ltd

Global Equity Research was started in 2017 by a group of experienced research professionals. It was founded on a passionate belief in the importance and the need for uncompromised, independent, conflict-free research. We aim to provide differentiated and actionable primary and bottom up fundamental research.

Equity Bottom-Up

Saratoga Investama Sedaya / Equity Bottom-Up

<ul>
<li>
<a href="https://www.smartkarma.com/entities/saratoga-investama-sedaya-tbk-pt" target="_blank" data-smartkarma-citation="entities:13714:1" rel="noopener">Saratoga Investama Sedaya (SRTG IJ)</a> is an active Indonesian investment firm with an exceptional track record of profitable investments across sectors. </li>
<li>The current NAV discount of 34% should continue to narrow as SRTG continues to burnish its ESG credentials and deliver significant realization of divestment gains. </li>
<li>Our SOTP valuation assumes a 25% NAV discount implying a 14% upside to the last close price. We are buyers.</li>
</ul>



Saratoga Investama Sedaya (SRTG IJ) is an active Indonesian investment firm with an exceptional track record of profitable investments across sectors. 
The current NAV discount of 34% should continue to narrow as SRTG continues to burnish its ESG credentials and deliver significant realization of divestment gains. 
Our SOTP valuation assumes a 25% NAV discount implying a 14% upside to the last close price. We are buyers.


Saratoga Investama Sedaya (SRTG IJ): A Track Record to Narrow the NAV Discount