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

Minor International Plc. (MINT): Core Profit Cut On Weaker Outlook From Middle East Tensions

Minor International - Bad news priced in; reiterate BUY

Marriott International’s Luxury Wellness Push: Can Lefay Unlock A New Growth Lane?

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>This effectively enables <a href="https://www.smartkarma.com/entities/minor-international-pcl" target="_blank" data-smartkarma-citation="entities:2154:1" rel="noopener">Minor International (MINT TB)</a> to recycle heavy real estate capital from mature properties while safely retaining lucrative, long-term brand licensing and management fees.</li>
<li>The exercise will create substantial impact for MINT ROIC and therefore could increase the likelihood for the company to be on the buy radar again.</li>
<li>This is similar to <a href="https://www.smartkarma.com/entities/marriott-international-inc" target="_blank" data-smartkarma-citation="entities:4748:1" rel="noopener">Marriott International (MAR US)</a> shares when it loaded the asset-heavy and debt-laden structures to <a href="https://www.smartkarma.com/entities/host-hotels-resorts-inc" target="_blank" data-smartkarma-citation="entities:10044:1" rel="noopener">Host Hotels &amp; Resorts (HST US)</a> . </li>
</ul>


This effectively enables Minor International (MINT TB) to recycle heavy real estate capital from mature properties while safely retaining lucrative, long-term brand licensing and management fees.
The exercise will create substantial impact for MINT ROIC and therefore could increase the likelihood for the company to be on the buy radar again.
This is similar to Marriott International (MAR US) shares when it loaded the asset-heavy and debt-laden structures to Host Hotels &amp; Resorts (HST US) . 


Minor International

Minor Intl (MINT): Marriot Playbook