Hi, Anyone invest in Indonesia stock exchange? When did you first invest in Indonesia? What's the gain or loss? What's the pro and con? Which brokerage did you go through?

I did try to look at Indonesian company last year. But the valuation of these company is a bit on the high side and they aren't much that have good ROA and ROE. Plus, some of them does not even have a website, so it is quite hard to understand the business and obtain the annual report. But, if you have stay there and understand that place, by all means invest in Indonesia. But I think the market there has been pushed up a lot by the foreign funds coming into that country.

I can invest in Jakarta Stock Exchange via POEMS.

I agree. The companies are pretty backward but i think that's the beauty of investing there. The valuation is getting higher, the highest in Asia after Taiwan and exceeding Shanghai Composite. But if you look at the forward valuation it is still reasonable. POEMS from Singapore? So can u watch it real time and do internet trading through POEMS?

why indonesia?
their currency are of no value.
devalue like hell. how much you earn also cant beat the inflation there.
this mainly due to political instability.
play composite, i rather go hkse.
the only stock worth consider in indonesia is gudang garam and unilever.

what is the broker fee to invest in indonesia?

I did not have any indonesian stock yet. I find a few last year that do have good valuation. One of them I think the name is PT Sepatu something. There is a higher risk level involve in investing in Indonesian stock,as there is no information. Since there is no website, I can't e-mail or call them to ask about their company business. So, due to the lack of information, I did not proceed further. But, if you are working there or know that place well enough, you can give it a try. But, most of the good ones already been pushed up a lot. I can use POEMS from Singapore to do internet trading for Indonesian stock as well as Thailand, Hong Kong, London, US and a few others. But, I rarely trade, don't really have time to monitor the market. So, I am those buy and hold kind but take advantage of the cheap transaction cost of internet trading. BTW, you can look at some Indonesian company listed in Singapore too. Anything that have the lable "PT" is Indonesian company, it is kinda like our Berhad.

I have to admit that I am not an expert in Indonesian politics. But, Indonesia under SBY have done quite a lot of good. There are more transparent now then say Indonesia of a few years back. There even have an anti-racism law. In the macro economics wise, there are building up their FOREX researves under the guidance of Sri Muliyati( who is very competent like our Zeti). Now, there are a bit of a problem with the Bank Century bailout and causes the two architect of Indonesia growth, Sri Muliyati and Boediono under pressure to resign. I hope they can stay on cause both of them do a lot to regain foreign investor confidence. Inflation is still a major problem there, this is due to their dependence on imported oil. During the oil boom, they have to jack up the subsidized fuel price.

But, if you look beyond all this, Indonesia is a resource-rich country that is close to China and have a huge domestic population to support their own private consumption. They import oil due to years of under investment in oil. Malaysia's per acre palm oil yield is twice of Indonesia. Just imagine the they are able to let their oil fields pumping oil again (they are an OPEC member and have the most oil among ASEAN nation) and bring the yield of their palm oil up. It may depress palm oil prices but the one suffering will be Malaysian palm oil who have no volume growth and have to take a lower price. They have a few others resources too like coal which is imported into few east asian countries. So, all in all, if China and India keep on consuming natural resources, they will need to buy from Indonesia, this will drive up their domestic income and domestic consumption and it will be a 400m population country with a growing middle class consumer.

Ever wonder why Obama go to Indonesia for his leg of Asian tour? Coz, Indonesia is turning into a major player in this region.

Obviously, you can go to HKSE or anywhere to trade. There is no "the market". I like to look at companies and do not care about the market that much. Good company are everywhere regardless of which market. I like to look at businesses, so, I just look at all the countries. There are some cheap ones in Hong Kong as well as Indonesia. Obviously, if you are trading, HKSE do offer you better liquidity and stuff. But, I don't really concern about that. Don't limit your options.

This post has been edited by the snowball: Mar 21 2010, 04:32 PM

1. high growth
2. currency appreciation has been very strong from 12,500 to 9,000 per dollar
3. Political risk eased

The one I used 0.75%. Not sure about others.

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Added on March 22, 2010, 12:53 pmSeems you are pretty optimistic about Indonesia. I agree with your view that Indonesia is moving forwards socially, politically and economically. I only shifted my portfolio into Indonesia towards end of last year, kind of late compared to others. Returns are pretty good considering I only bought those better managed financial stocks. My indonesian home helper has been complaining why she is not getting as much rupiah from her ringgit denominated salary lately...

Just hope that Boediono and Sri Mulyani can maintain their position in the cabinet..

This post has been edited by newbie99: Mar 22 2010, 12:53 PM

i would rather invest in india....hehe..

I am not familiar with Indian's company. But it has huge potential. Which Indian counters are u looking at, if u dont mind sharing?

Hi, can I know how you manage to invest in India (apart from ETF)? As far as I know, if you are a foreigner,India is only open for Institutional Investor and High Net Worth Individual only. Any method that you know that can circumvent this rule? Please share...

Indonesia Stock exchange has broken its all time high record.. now at 3040. Up around 25% since beginning of Jan 10.


This post has been edited by newbie99: Jul 24 2010, 11:31 AM

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Added on December 5, 2012, 11:31 amFor those who are interested, Indonesian SE has gone up from 1100 to 4250 since GFC, up 286% in roughly 4 years.

This post has been edited by newbie99: Dec 5 2012, 11:31 AM

I have started research on indonesian equities after the recent crash. What i found is the bigger stocks are way overvalue but the smaller ones are preety much neglected. Foreigner institution dominate the market here, with >80% of the volume. Retailers are hardly here.

The stocks have been on a tear recently, with companies posting cagr of 30 to 50 pct per annum. There are a lot of good companies selling at decent valuations. The market is highly inefficient, so there much gems to be unearthed.

Is there anyway to access indo market beside having an broker account in indo?

Do jakarta stock exchange have stndard format for listed companies (like bursa) to publish quaterly financial results? in engish? or need to get indo wifu

Most malaysian brokers allow you to invest in indonesia. However cost wise would be quite expensive.

Google bursa efek for the website. All reports are dual language, english and bahasa. Last time only bahasa.

Some bigger companies have thier report in english seperately, following singapore financial format.

I will start posting my picks here for those who are interested to see what kind of gems can be found....

This post has been edited by gark: Sep 15 2013, 11:22 AM

ok thks. can save cost already, no need indo waifu anymore

On diff matters, can share What is current components stocks in JCI index?

Fuhh....

for me
KLSE oso never master/expert yet
wanna think of Indon market?