Deep-dives
Uni-Charm Indonesia (UCID IJ)
Indonesia’s largest baby diaper maker at 0.5x revenues
Indonesia
Deep-dives
MAP Aktif Adiperkasa (MAPA IJ)
Indonesia’s leading sports retailer expects higher foot traffic post-COVID
Deep-dives
Multi Bintang (MLBI IJ)
Multi Bintang (MLBI IJ) is Indonesia’s leading beer producer. The company started in 1929 as “Nederlandsch-Indische Bierbrouwerijen” back when Indonesia was a Dutch colony. Today, Multi Bintang has a market share of almost 60%. Its flagship beer “Bintang Bir” is by far the most popular brand in the
Deep-dives
Pakuwon Jati (PWON IJ)
Pakuwon Jati (PWON IJ) is an Indonesian property developer focusing on so-called “superblocks”. It acquires land around a centrally located area, builds a shopping mall, and then adds surrounding properties such as condos, serviced apartments, offices, hotels, etc. Half of Pakuwon’s revenues are recurring (retail mall leasing, office
Deep-dives
Ultrajaya Milk (ULTJ IJ)
Ultrajaya Milk (ULTJ IJ) is the leading dairy company in Indonesia. Its most popular product “Ultra Milk” has a market share of roughly 40% and dominates the mass market. The company focuses on “UHT milk”. Such milk has been treated with ultra-high temperatures and stored in aseptic packaging, giving