Ardi Nursyamsu2020, What’s happened?Ever wondering why market seems disconnected to the actual events? Well, you’re not alone. But have you got the answer? If not, I can…Jul 12, 2020Jul 12, 2020
Ardi Nursyamsu‘Rona MacroplaySome days ago was fun. I made a good call regarding USD/IDR pair. First, I was sure that Corona handling in Indonesia was kind of disaster…Apr 17, 2020Apr 17, 2020
Ardi NursyamsuFree Cash Flow And What It MeansI’ve always had a hard time figuring out what actually free cash flow (FCF) is. Why don’t we use net income instead? First, net income is…Nov 27, 2019Nov 27, 2019
Ardi Nursyamsu“Matahari” That Doesn’t Shine (That Bright) AnymorePT Matahari Department Store Tbk (LPPF) has already long been darling among investor. Especially those who already invested with in 2012…Aug 15, 2018Aug 15, 2018
Ardi NursyamsuSimple Tools That Can Help Your ValuationRecently, I developed some formula to find relationship between P/E, company growth as measured by ROE, and retention rate (1-dividend…Jul 19, 2018Jul 19, 2018
Ardi NursyamsuThe Recent Fate of Bitcoin and FriendsCryptocurrency has recently be found as a hot investment (if not speculative) vehicle among public. Its fast appreciating price has catch…Jul 14, 2018Jul 14, 2018
Ardi NursyamsuWell, I used to use Tumblr.This things will mostly consist of economy, capital market, and business. So bear with me.Jul 11, 2018Jul 11, 2018