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

Yadea - Play on EV , 83% of Market Cap in Cash, Will Shareholders See the Cash?

Yadea Group IPO - Riding an Electric Wave but with Governance and Valuation Baggage

Yadea Negative EV, Cash Pile Growth>50% No Dividends ??

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

<ul>
<li>The 1H result was poor due to the inventory clearance from the new product standards, which rendered older products less desirable. </li>
<li>Management has proven to be able to manage costs carefully during a down cycle. </li>
<li>
<a href="https://www.smartkarma.com/entities/yadea-group-holdings-ltd" target="_blank" data-smartkarma-citation="entities:22706:1" rel="noopener">Yadea Group Holdings (1585 HK)</a> used to trade around 35x PER; now it is only 10x PER. </li>
</ul>


The 1H result was poor due to the inventory clearance from the new product standards, which rendered older products less desirable. 
Management has proven to be able to manage costs carefully during a down cycle. 

Yadea Group Holdings (1585 HK) used to trade around 35x PER; now it is only 10x PER. 


Yadea Group Holdings

Yadea (1585): Ready for New Standard