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

Best World: China, More Members, and Halal

Best World: Buying Opportunity Due to Delayed Revenue Recognition

Equity Bottom-Up

Best World International / Equity Bottom-Up

<a href="https://www.smartkarma.com/entities/4600" target="_blank" data-smartkarma-citation="entities:4600:1">Best World International Limited (BEST SP)</a> share price fell 12% yesterday on heavy volume (29 million shares traded when the average 1-year daily volume is 3.9 million shares) after Chinese regulator said on Monday they will crack down on a pyramid scheme. Best World derives 48% of its revenue from China but a closer look at the revenue breakdown reveals revenue derives from multi-level-marketing is less than 10% of total revenue for the past three years. <figure class="editor-figure mceNonEditable"><img src="https://static-prod.smartkarma.com/images/media/000/031/671/original/Revenue-Breakdown-Best-World-Direct-Selling-Retail-Multi-Level-Marketing-Export-Total_chartbuilder.png?1502846343" class="editor-image img-responsive" data-smartkarma-image-id="31671"></figure>The company responded that the China's…

Best World International Limited (BEST SP) share price fell 12% yesterday on heavy volume (29 million shares traded when the average 1-year daily volume is 3.9 million shares) after Chinese regulator said on Monday they will crack down on a pyramid scheme. Best World derives 48% of its revenue from China but a closer look at the revenue breakdown reveals revenue derives from multi-level-marketing is less than 10% of total revenue for the past three years. The company responded that the China's…

Best World International

Short Term Pain = Long Term Benefit?