Indonesia ETF (IDX)

[random85]

Any fellow value buddies invested in IDX (listed on NYSE) or similar ETFs?

Bought this despite the high PE ratio (about 18) due to hopes about Jokowi reforming the Indonesia and its economy. Now holding some paper loss.

Feeling a certain level of regret as not much has been done by him and his government in his first year. Any thoughts or recommendations?

[BlueKelah]

Recommend to sell and buy something else, indonesia is so corrupt doesnt matter who in power cant do much. Better buy something like first reit or lippomalls or one of the plantation plays if u want exposure to indo market

sent from my Galaxy Tab S

[random85]

Recommend to sell and buy something else, indonesia is so corrupt doesnt matter who in power cant do much. Better buy something like first reit or lippomalls or one of the plantation plays if u want exposure to indo market

sent from my Galaxy Tab S

Yeah thought lippomall would be an interesting play also. But think the stock depends on a rising middle income class in Indonesia. Sort of overlaps with this etf.

There always seems to be a lot of unrealized hopes for Indonesia.

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