Valuation Check-Up: High-ROIC, Cash-Rich Restaurants in China
Following our last episode of "Valuation Check-up" related to China's travel industry, we take a look at another victim group of the pandemic - the...
470 Views
The Week that Was in ASEAN@Smartkarma - Thailand's COVID, a Global Indofood, and a +ve for DBS
This past week's offering of Insights across ASEAN@Smartkarma is filled with another eclectic mix of differentiated, substantive and actionable...
472 Views
Smartkarma Originals
Asia Restaurant Sector: Disrupted. Opportunities/Challenges Ahead -Time to Pivot & Persist
Restaurants globally not just in Asia are passing their darkest days as pandemic-led caution and restrictions have impacted operations and...
1.4k Views
Cafe De Coral (341): Deep Discount and Dividend
​Cafe de Coral's FY 2025 results were weak, but 2H numbers are better, with strong operating cash flow and dividend capacity for 4.4 years. Trading...
145 Views
HSCI / HK Connect Inclusion (Mar 2026): Lessons from a Sep 2025 Retrospective Event Study
A retrospective study of the Sep 2025 HK Connect event reveals where the alpha sat, when mean reversion kicks in, and how Connect inflows and...
399 Views