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

Singapore Air (SIA): Cash Call Is Not a One off Event

Singapore Airlines - Navigating a volatile operating environment (SIA SP, CP SGD6.42, HOLD, TP SGD6.70, Airlines)

Singapore Airlines: Did Very Well in FY26, but FY27 Will Be Much Tougher

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 past 1 month's share price appreciation combined with the uncertainty of the Straits of Hormuz reopening casts doubt. </li>
<li>The recent JV announcement between <a href="https://www.smartkarma.com/entities/singapore-airlines-ltd" target="_blank" data-smartkarma-citation="entities:74:1" rel="noopener">Singapore Airlines (SIA SP)</a> and <a href="https://www.smartkarma.com/entities/air-china-limited-class-h" target="_blank" data-smartkarma-citation="entities:8239:1" rel="noopener">Air China (753 HK)</a> will improve SIA's margin structurally. </li>
<li>Air India's crisis is not over and drags SIA share price lower but most of it has been priced in while the Air China's JV has not been priced in. </li>
</ul>


The past 1 month's share price appreciation combined with the uncertainty of the Straits of Hormuz reopening casts doubt. 
The recent JV announcement between Singapore Airlines (SIA SP) and Air China (753 HK) will improve SIA's margin structurally. 
Air India's crisis is not over and drags SIA share price lower but most of it has been priced in while the Air China's JV has not been priced in. 


Singapore Air (SIA): Capturing China Rebound