Investing is not always a clear-cut decision. Generally speaking, Investors tend to rely on their economic sense rather than just mathematical or technical estimation. Economic sense simply means careful and efficient use of resources. Economic sense covers the elements of: 1. Cash Flow The saying that “cash is king” should be truly engrained in the mindset. At the end of ...
Read MoreIs it plausible for a coal mining company to become (environmentally, socially, financially) sustainable for the next decades? For ADRO, it is more than plausible. Despite making a hefty $405 million of profit (mainly from 54Mt thermal coal mining) and having strong cash position of $1.1 billion during year 2020 pandemic; it is putting more focus ...
Read MoreIt is conceivable that during this volatile pandemic period, some high quality shares would be undervalued. For some Investors, fears can obscure the actual companies performance, which can subsequently put more pressure on the shares price. Yet for other Investors, they can see some rare silver lining in it. Some blue chip (LQ45) shares are relatively undervalued, ...
Read MoreSovereign Wealth Fund (SWF) has been used globally for the purpose of generating national wealth for future generations. Indonesia recently forms its own SWF, i.e. Indonesia Investment Authority or INA. The INA will invest primarily in infrastructure assets. The RPJMN (National Medium Term Development Planning) 2020 – 2024 estimate that funding of approximately IDR 6,500 trillion ...
Read MoreEver heard a story about a town sheriff caught a driver for speeding? The driver argued that most of the cars passing that main road were speeding as well, but they were not caught anyhow. The sheriff replied: “have you ever went for fishing in the nearby lake, and caught all the fish there?” Similar to ...
Read MoreNot many people are aware that Indonesia was somehow related to the first introduction of Share Market. VOC (a Dutch Company) was the first company that issued Company Shares to the public in order to finance its trading venture across the globe (including Indonesia which became its headquarter) in year 1600. (note: resentment towards Dutch colonization ...
Read MoreSRTG (Saratoga Investama Sedaya) was set up as an investment vehicle that owns majority shares of some blue chip companies in Indonesia. These blue chip companies include: CodeCompanySRTG’s Attributable Shares ** (per 30 Dec 2020)ADROAdaro EnergyIDR 7.2 trillionMDKAMerdeka Copper GoldIDR 6.7 trillionMPMXMitra Pinasthika MustikaIDR 1.4 trillionTBIGTower Bersama InfrastructureIDR 10.7 trillionTotalIDR 26 trillion **estimate only Approximately 26 trillion worth of ...
Read MorePSAB and MDKA PSAB (J Resources Asia Pasifik) is a gold mining company comparable to another gold peer MDKA (Merdeka Copper Gold). It currently produces 171,000 ounce of gold per annum. While MDKA share is shooting up over recent months due to higher gold prices, PSAB share has not increased as much. Looking into their latest Q3 financial ...
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