Thanks for your comments, my convern has been should we discount Indoneisa or flag it as a risk of capital allocation?
When everything was going so well in India, Indonesia happened. It was considered as not a good capital allocation by many when already India presents huge opportunity of investment. Was it done to provide exit to sister PE not sure…
Can we trust amd hold long term a company with unpredictable capital allocation? Your thoughts welcome on Indonesia investment.
Disc: Invested a very small position. Had trimmed sometime back when needed funds.
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