In today’s briefing:
- Cahaya Aero (CASS IJ): High ROE Business, Free Cash Flow Generator Available at Cheap Valuations
Cahaya Aero (CASS IJ): High ROE Business, Free Cash Flow Generator Available at Cheap Valuations
- The company is a proxy for growth in the Indonesian aviation industry, which is expected to grow fast
- The business has a high margin, high ROE, and limited capital needs
- Stock trades at reasonable valuations, and management quality is very good
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