Bukalapak (BUKA) IPO

Obviously, there some hypes surrounding the expected Bukalapak (BUKA) IPO in August 2021. Yet, there are some questions remain.   Are the early Investors seeking to exit this start-up business? Is the business still growing at sustainable rate? When will it stop burning cash? Is the IPO price fairly valued?     Possibility of Early Investors Exiting Elang Mahkota Teknologi (EMTK), through its subsidiary ...

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IHSG H2 2021 Outlook

First half (H1) 2021 has been rather timid movements for IHSG. While several global indices advanced as high as above 10%, the IHSG dropped by 2%.   The next 6 months (H2) could be the moment to catch up with these global indices, due to the following catalyst: Anticipated blockbuster IPO of GoTo (Gojek Tokopedia). Acceleration of vaccination rates, ...

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The Necessary Cash

Keeping cash in portfolio at certain amount can be considered a waste for some. Yet for others, it can be part of investment strategy that can deliver premium returns.   Consider how much cash that many investment companies hold at the moment. Even Berkshire Hathaway is sitting on $145 billion of cash stockpile as of March 2021. ...

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Spending the Earnings

How joyful would it be to spend what is earned from the investment? Going for holidays, upgrading cars, shopping spree, etc.   After all, once in a while being spoilt is necessary. There is nothing wrong with spending the earnings.   On the other side, it does make a huge difference if an Investor choose not to spend what ...

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Mutual Funds (Reksadana) Return

What is the likelihood that Mutual Funds (Reksadana) consistently (over 5-10 year period) deliver over 20% average return a year? Extremely unlikely.   A Mutual Fund (Reksdana) that manage its risk properly will usually allocate the fund over diverse range of portfolio. Regardless of high gain in one asset (e.g. shares), overall return will average down due ...

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Ups and Downs of 2021 IPO’s

Compared to more advanced economies, the amount of IPOs in the country has been relatively proportional to its economy size. Source: Statista   Since the beginning of the year 2021, only 16 Companies have made its way to the stock market. There might not be as much IPOs this year compared to previous years.   Some has performed quite well ...

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Thriving in the Downturns

Share market downturns (declines) are inevitable. Free market will always have ups and downs.   Sometimes downturns can be prolonged for 1-3 years. However, most of the times they happen within short periods (few days or weeks) due to market sentiments or correction from overshoots.   As such, several strategies can be deployed: 1. Hedging Hedging position does not have to ...

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