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Economic Value Added (EVA) Brief
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EVA Brief: TBLA (Tunas Baru Lampung)
TBLA processes crude palm oil and sugarcane into a product like biodiesel and cooking oil. Therefore, you could expect it has a higher...

Rio Adrianus
28 Feb 20203 menit membaca
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EVA Brief: TELE (Tiphone Mobile Indonesia)
I started investing seriously in 2016. My first stock was Erajaya (ERAA) which I sold nicely in 2018. It was very sweet in 2018, but in...

Rio Adrianus
20 Feb 20205 menit membaca
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SRIL (Sritex): Upon Re-examination
Q3 First Analysis here I make another re-examination to SRIL. The more attractive it looks, the more I doubt it. I have this mentality to...

Rio Adrianus
19 Feb 20205 menit membaca
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EVA Brief: SRIL (Updated Q3 2019)
Previous analysis Here is how the fundamental numbers work: In recent performance (Q3 2019), SRIL EVA was IDR 387 Billion for the past 12...

Rio Adrianus
12 Feb 20203 menit membaca
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Indonesian Feed Industry in EVA Views (Very Brief)
Although JPFA has the highest gross margin... Its true profitability is less than CPIN as shown clearly by EVA margin*. (Note that MAIN...

Rio Adrianus
7 Feb 20201 menit membaca
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Indonesian Palm Oil Companies In 6 Charts
The year of 2019 was disastrous for palm oil companies. CPO fell to its lowest level for a long time. No one is an exception. But, now...

Rio Adrianus
18 Jan 20202 menit membaca
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EVA Brief: WEGE (Wika Gedung)
Bloomberg short description: PT Wijaya Karya Bangunan Gedung operates as a construction company. The Company offers feasibility study,...

Rio Adrianus
15 Jan 20203 menit membaca
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EVA Brief & Elliott Wave: SMSM (Selamat Sempurna)
Short description: PT Selamat Sempurna Tbk. manufactures automotive components. The Company offers filters, radiators, condensers, air...

Rio Adrianus
4 Jan 20203 menit membaca
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EVA Brief: ARNA (Arwana Citramulia)
Brief company description: PT Arwana Citramulia Tbk manufactures ceramic construction material for flooring. Through its subsidiary, the...

Rio Adrianus
30 Des 20193 menit membaca
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EVA Brief: TOTL (Total Bangun Persada)
This is the long term, bird-eye view of how well TOTL has been creating value. There are two important observations here: 1. TOTL is a...

Rio Adrianus
21 Des 20193 menit membaca
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EVA Brief: UNVR (Unilever Indonesia) - update
A long term view of UNVR value creation: LTM Q3 2019 shows UNVR is doing a great job despite what everyone says about its lackluster...

Rio Adrianus
13 Des 20192 menit membaca
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![EVA Brief: ANTM (Aneka Tambang) [EN]](https://static.wixstatic.com/media/9cbcba_35086c93c737463db931016f9e3b96a0~mv2.png/v1/fill/w_333,h_250,fp_0.50_0.50,q_35,blur_30,enc_avif,quality_auto/9cbcba_35086c93c737463db931016f9e3b96a0~mv2.webp)
![EVA Brief: ANTM (Aneka Tambang) [EN]](https://static.wixstatic.com/media/9cbcba_35086c93c737463db931016f9e3b96a0~mv2.png/v1/fill/w_454,h_341,fp_0.50_0.50,q_95,enc_avif,quality_auto/9cbcba_35086c93c737463db931016f9e3b96a0~mv2.webp)
EVA Brief: ANTM (Aneka Tambang) [EN]
The first important observation is ANTM share price tracks EVA well. Focusing on fundamentals pays. It's time to look deeper into the...

Rio Adrianus
12 Des 20194 menit membaca
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EVA Learning Resource: BWPT Case
Why does having just matured plantation could change overall performance drastically? That’s the big question. If you are quite...

Rio Adrianus
8 Des 20194 menit membaca
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BWPT Outlook In EVA
Warning: This is a pretty long analysis. BWPT made a new low and broke until it reached 90. Some friends have been asking me almost...

Rio Adrianus
8 Des 20198 menit membaca
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EVA Journal (not brief): JSKY (Sky Energy Indonesia)
Ketertarikan saya di JSKY bermula sejak saya mencari-cari perusahaan publik yang berkontribusi positif terhadap apa yang dibutuhkan di...

Rio Adrianus
4 Des 20196 menit membaca
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EVA Brief: HMSP Sampoerna
HMSP memberikan saya studi kasus yang menarik karena sudah membentuk satu siklus penuh dari 0 to hero to crash. Bila kita mensubdivide...

Rio Adrianus
26 Nov 20194 menit membaca
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EVA Brief: CLEO Sariguna Primatirta (Remake)
Before we start... Saya membuat kesalahan besar di analisa pertama CLEO (yang entah mengapa merupakan tulisan saya yang paling banyak...

Rio Adrianus
21 Nov 20196 menit membaca
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BWPT: What's Next? Fibonacci Analysis
It is, without a doubt, not an ending diagonal. More importantly for me, BWPT did not form an impulsive wave because the start of wave 1...

Rio Adrianus
18 Nov 20193 menit membaca
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Fibonacci Analysis: AALI (Astra Agro Lestari) & Elliott Wave
First thing to note. Composite Index indicator correctly signals a notable correction when RSI fails to do so. Fibonacci retracement is...

Rio Adrianus
18 Nov 20192 menit membaca
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EVA & Technical Analysis on ERAA (Erajaya)
Technical Analysis It caught my attention. Beberapa orang mention kalau ERAA sedang membentuk triangle pattern. It is possible. Saya...

Rio Adrianus
6 Nov 20192 menit membaca
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