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

LQ45 Index Rebalance Preview (Jan 2026): Identifying Potential Index Changes

Primer: Solusi Sinergi Digital Tbk PT (WIFI IJ) - Apr 2026

Solusi Sinergi Digital (WIFI.IJ) FTTH Cost Advantage and FWA-Driven Growth Momentum...

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

Solusi Sinergi Digital / Equity Bottom-Up

<ul>
<li>Indonesia's internet penetration rate is quite high, but most of it is powered by smartphone data. Broadband internet penetration is still quite low. </li>
<li>
<a href="https://www.smartkarma.com/entities/solusi-sinergi-digital-tbk-pt" target="_blank" data-smartkarma-citation="entities:33156:1" rel="noopener">Solusi Sinergi Digital Tbk PT (WIFI IJ)</a> will expand in Java and ex-Java as well; the economics of owning broadband are clearly favorable to smartphone data. </li>
<li>A couple of foreign institutions have invested in WIFI, validating the investment thesis. Valuation has normalized as well, making it more palatable to invest. </li>
</ul>


Indonesia's internet penetration rate is quite high, but most of it is powered by smartphone data. Broadband internet penetration is still quite low. 

Solusi Sinergi Digital Tbk PT (WIFI IJ) will expand in Java and ex-Java as well; the economics of owning broadband are clearly favorable to smartphone data. 
A couple of foreign institutions have invested in WIFI, validating the investment thesis. Valuation has normalized as well, making it more palatable to invest. 


NTT (Nippon Telegraph & Telephone) (9432 JP)

Solusi Sinergi Digital (WIFI): Normalized Valuation