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

Benesse Holding: Low Margin Business with Declining Customer

Equity Bottom-Up

<ul><li>Monopoly in the education provider</li><li>Attack from IoT --&gt; EduTech startups</li><li>Costly restructuring plan that will negatively impact earnings</li><li>2015  to 2016 education business operating margin contraction from 10% to 1.5%</li><li>Price action is ripe for shorting - 4Q earning is coming soon</li></ul>

Monopoly in the education providerAttack from IoT --&gt; EduTech startupsCostly restructuring plan that will negatively impact earnings2015  to 2016 education business operating margin contraction from 10% to 1.5%Price action is ripe for shorting - 4Q earning is coming soon

Benesse Is Not so Bene (It's Italian for Good!)

Benesse Holdings

Benesse Is Not so Bene (It's Italian for Good!)