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

Telkom (TLKM): Proven Spin-Off Track Record

Telkom Indonesia (TLKM.IJ) 1Q26 Earnings Missed as ARPU Resilience Offset By Margin Trade-Off

Telkom Indonesia Persero - Market repair to continue; U/G BUY

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>Despite the recent protest that pushed <a href="https://www.smartkarma.com/entities/jakarta-stock-exchange-composite-index" target="_blank" data-smartkarma-citation="entities:22914:1" rel="noopener">Jakarta Stock Exchange Composite Index (JCI INDEX)</a> lower, <a href="https://www.smartkarma.com/entities/pt-telkom-indonesia-persero-tbk" target="_blank" data-smartkarma-citation="entities:1051:1" rel="noopener">Telkom Indonesia (TLKM IJ)</a> share price held up. </li>
<li>One of the reasons is the share buyback plan of IDR 4 trillion, or around 1.3%-1.4% of the total outstanding shares. </li>
<li>The spin off entity, NeutraDC, has secured 100% commitment from its client, Gorilla Technology. </li>
</ul>


Despite the recent protest that pushed Jakarta Stock Exchange Composite Index (JCI INDEX) lower, Telkom Indonesia (TLKM IJ) share price held up. 
One of the reasons is the share buyback plan of IDR 4 trillion, or around 1.3%-1.4% of the total outstanding shares. 
The spin off entity, NeutraDC, has secured 100% commitment from its client, Gorilla Technology. 


Telkom Indonesia

Telekom (TLKM): Spin off Update