The primary equity indices in Indonesia (JSX), Malaysia (KLCI), the Philippines (PSEi), and Thailand (SET) outperformed global benchmarks in 2022. A statistical review of macro factors […]
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Relative Valuation of Upstream, Philippine Oil and Gas Companies
The following assessment provides (1) an overview of oil and gas reserves in the Philippines; (2) a thesis for investing in the upstream, Philippine oil […]
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Relative Valuation of Philippine Logistic Firms
The following analysis is a relative valuation of five logistics companies listed on the Philippine Stock Exchange (PSE) and categorized under the “transportation services” subsector. […]
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Harbor Star Shipping Services Valuation
*The following analysis is based on a review of Harbor Star’s annual reports and press reports. We have not previously analyzed this company and do […]
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