Stewardship of a Value Investor

Midyear 2015 Update

I have been thinking quite sometimes now. I just finished Maggie Mahar’s “Bull: A History of the Boom and Bust”. I recommend my reader to read it as it really helps my thinking a lot. With the current condition of Indonesian economy, I want to inform my reader that I am officially bearish now. There are some points that summarize my thought: Read More…

Are Coal Indonesian Companies Dirt Cheap Now?

<This post is published at Stockbit.com, where I regularly interact with other investors under the name ‘coolspot’>

Some people asked me about entering $PTBA. I used to have a very positive view of this company, and i still have my notebook, where I wrote that I will seriously consider $PTBA at Rp.7,000 and $ITMG at Rp.18,000. However, my recent study has caused me to change my rosy view on the whole sector. Read More…