
Grab it while you can
Dominant Southeast Asian digital platform that is reaching an inflection point.
Identifying high-quality businesses trading at significant discounts to their intrinsic value
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Dominant Southeast Asian digital platform that is reaching an inflection point.

Transformed from a pure explorer to a mid-tier producer within a decade through shrewd acquisitions. On track for significant output growth in the short and long-term. Share price at cyclical lows.

Industry’s highest average turnover per store. Premium brand with global growth runway, double digit profit margins and significant free cash flow. No debt with cash at 50% of market capitalisation.

A premium dessert business with best-in-class F&B margins. Profitable and cash flow positive throughout the pandemic. Record high revenue and net profit in 2024. Share price at near all-time lows.

An apparel company bootstrapped to IPO, earning luxury-fashion-like gross margins of 76%+. Functional, high-quality products drive 60%+ repeat sales. Cash equals 38% of market cap.

40%+ PBT margins. 70% on-premise market share. Substantial, growing free cash flow. Market closed to new entrants. Oligopoly? In reality, closer to a monopoly. Yet, the share price is at decade lows.