Insight Provider, CrossASEAN Research

Nicolas Van Broekhoven

Was on the buyside for 15 years, most recently at a medium-sized boutique asset management firm. I grew up in Europe, went to university in the US and have been living in Singapore for the last 7 years which has given me a broad scope on the world and investing in general.

Consider myself a generalist investor with a preference for small and mid-cap companies and special situations. However, a large cap that has gone temporarily out of favor might also pique my interest. 

My style of investing could be categorized as more of value investor, rather than growth at any cost. Learning from Charlie Munger on the importance of quality of a company has been of tremendous value over the years.I like businesses with real earnings, cash flows, dividends, book value and insider ownership.

Insight Provider

Tod's: Another Cheap Shot at Privatization After Failed Attempt in 2022

Tod's: LVMH Goes from 3.3%-> to 10%; 100% Next Year?

Tod's: Della Valle Family Ups Insider Buying to 64% Ownership; LVMH Remains Logical Final Stop

Della Valle/Tod's: Lowball Minorities Buyout

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>Tod's founder Diego Della Valle is undoubtedly frustrated his bid to privatize Tod's at 40 EUR failed in 4Q22</li>
<li>It was the ideal time to privatize in order to maximize value for his family before selling to LVMH, the most logical buyer since 2017</li>
<li>Our conviction that Tod's ends up in the LVMH stable of brands is stronger than ever, an exit offer of 60 EUR per share would be a reasonable assumption</li>
</ul>


Tod's founder Diego Della Valle is undoubtedly frustrated his bid to privatize Tod's at 40 EUR failed in 4Q22
It was the ideal time to privatize in order to maximize value for his family before selling to LVMH, the most logical buyer since 2017
Our conviction that Tod's ends up in the LVMH stable of brands is stronger than ever, an exit offer of 60 EUR per share would be a reasonable assumption


Tod's: Failed Privatization Provides Red Carpet for LVMH Bid

Tod's SpA

Tod's: Failed Privatization Provides Red Carpet for LVMH Bid