In a way, I see a company, maybe some of the folks will think it so foolish, but I pretty enjoy it for now. Keep in mind that I do learn and keep reading some books, though. Here it is!
I truly hope that when I bought shares of a company, I will comfortably hold it till I turn grey and old. Please know that you owned a bit of the company when you bought some shares! So consider it as you truly own it as a whole company!
Again, I'll use PT Astra International Tbk (ASII) as an example. ASII has a broad diversify in business. I will use four businesses to share with you how I look and plan to own ASII for a lifetime!
Automotive, In this pandemic, yes, I know that the automotive sector has plummeted in volume! What I see is as a man, you will never get rid of automotive in your imagination. For your first rational car, maybe Toyota will be suitable for you. Then you move to your hobby when BMW and Lexus may be your trophy for achievement. That's what I mean will still sustain over time, after the economy rise. Also, with this pandemic that happens to all of us, some may consider having their private car for over months and years they use public transport.
Mining, for me, coal mining and heavy equipment will still be demanding in Indonesia and over the world. They have gold too! With unending construction and energy supply such as electricity, The mining sector may sustain for long enough.
Finance, pretty simple. As long as hospitals still operate, babies stillborn, and humans still die, the life insurance industry will not perish! Maybe I should write about insurance also.
Crude Palm Oil is one of the commodities that can be replanted. Have a critical position for food and non-food ingredients. Humans will hardly live without CPO, and based on its need, Crude Palm Oil will sustain over time.
I'm not saying that there will be no turbulence in the future. What I see is the products of ASII are critical for a human being. As an Investor in ASII I'm not hoping for rising profit year by year. The winter-like this pandemic will come, but that's okay for me because I believe you also couldn't perform at your peak always, right?
Overall, that is my simple long-term analysis for PT Astra International Tbk. I'm so thankful that you guys still read the article down here. I hope you guys are doing great and healthy!
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