Opinions on investing in #Indonesia 🇮🇩 ? I am invested in $ICBP (-0.35%) and have $ASII (+1.72%) on the watchlist. #em
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3Opinions on $ASII (+1.72%)? Indonesia is an emerging market and I also find the industries interesting - even if there are quite a few different ones. However, there is relatively little news.
I would like to add another emerging market stock to my portfolio. Having already bought Baidu ($9888 (-4.14%) ), Reliance Industries ($RELIANCE ), Infosys ($INFY ), Kaspi kz ($KSPI (+1.43%) ) and Ambev ($ABEV3 ), I would like to add a stock from Indonesia to my basket. I see growth opportunities here in particular due to the forecast population growth.
My eye has fallen on the conglomerate Astra International ($ASII (+1.72%) ), in which the Jardine Matheson ($J36 (+2.08%) ) group is also a shareholder. Their businesses would be a good addition to my portfolio. However, I can hardly find any info on the company online.
Has anyone looked into the company in more detail?
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