This post is a bit later than normal as I was busy with an almond harvest (and other work the yard) and the Yahoo! Finance charts that I normally screenshot for these posts were NOT loading at all late last week (but they started working again on the weekend). Note that the charts are from today while the Price/Book (Current), P/E and Forward Annual Dividend Yield data are from the end of August or a couple of days ago.

Although the analyst research itself might be a month+ old, these stocks would have analyst coverage (for what that might be worth these days!). Together with the technical charts, the short stock description from our Frontier & Emerging Market Stock Index (plus 🇼 links to any Wikipedia entry and 🏷️ to other posts from this Substack), and some key data, you can decide whether they are worth exploring more:

[Note: On desktop browsers, an autogenerated table of contents will appear on the left side linked to each stock. I will add those links below after publishing/emailing this post… Access to some DBS Insights Direct pieces might be restricted depending on your location or browser.]

Asia

Africa

🇿🇦 South Africa – KAL Group Ltd, Sea Harvest Group Ltd & Omnia Holdings

Eastern Europe & Emerging Europe

🇭🇺 Hungary – Wizz Air Holdings
🇵🇱 Poland

Latin America

🇲🇽 Mexico & Central America – America Movil SAB de CV, Alpek SAB de CV, GCC SAB de CV, Grupo Aeroportuario del Sureste (ASUR), Alsea SAB de CV, Grupo Aeroportuario del Pacífico or GAP, Arca Continental SAB de CV, Wal-Mart de Mexico SAB de CV, Fibra Monterrey SAPI de CV

And as always, this post is provided for informational purposes only (and to make your life easier…). It does not constitute investment advice and/or a recommendation…

📈🗄️ Fund documents / updates; ⚠️ Disclosures or restricted access e.g. based on your location, investor status, etc.; 🇼 Wikipedia page; 🔬 Research analysis (including articles/blog posts from fund managers, etc.); 🎥 Video; 🎙️ Podcast; 🎬 Webinar; 📰 Newspaper/magazine article; 📯 Press release; 💻 Substack/blog/website article; ✅ Our own posts; 🗃️ Linked archived article; ⏰ Upcoming webinar or event.

Frontier & Emerging Market Stock Index

Asia

East Asia

🇨🇳 China / 🇭🇰 Hong Kong / 🇲🇴 Macau

Note: For more China & Hong Kong stock picks or ideas, see our monthly China & Hong Kong Stock Picks posts…

🇰🇷 Korea

Note: For more Korean stock picks or ideas, see our monthly Korean Stock Picks posts…

LG Energy Solution

🔬 LG Energy Solution (373220KS) – <Result Analysis> 2Q25 results improved, in line with expectation, 2H25 earnings to improve thanks to sales growth of ESS battery in US (DBS Insights Direct) 25 Jul 2025 ⚠️

🌐 LG Energy Solution (KRX: 373220) – #1 EV battery manufacturer outside of China. Largest number of battery manufacturing facilities being constructed or operating in the US. 🇼 🏷️
Price/Book (Current): 4.34
Forward P/E: 131.58 / Forward Annual Dividend Yield: N/A (Yahoo! Finance)

POSCO Future M Co Ltd

🔬 POSCO Future M Co Ltd (003670KR) – <Result Analysis> 2Q25 earnings below expectations, expect earnings improvement in 2H25. (DBS Insights Direct) 18 Jul 2025 ⚠️

🇰🇷 Posco Future M Co Ltd (KRX: 003670) – Korea’s largest quicklime producer. Longest history within POSCO Group. Needle coke & pitch coke, essential materials for electric vehicle batteries & electric furnaces for steel industry. 🇼 🏷️
Price/Book (Current): 4.51
Forward P/E: 476.19 / Forward Annual Dividend Yield: 0.19% (Yahoo! Finance)

🇹🇼 Taiwan

Note: I have note seen any good Twitter/Substack/blog accounts or (free) equity research providers with good coverage of Taiwanese stocks (at least not in English). Please contact me if you know of any…

Minth Group Ltd

🔬 Minth Group Ltd (425HK) – <Alert> Entering into the low altitude business sector (DBS Insights Direct) 23 Jul 2025 ⚠️

🌐 Minth Group (HKG: 0425 / FRA: M3I0 / M3I / OTCMKTS: MNTHY / MNTHF) 🇰🇾 – Manufacturing of exterior & structural automotive parts. Supplier of battery enclosures & body structure components. Taipei HQ. 🏷️
Price/Book (Current): 1.64
Forward P/E: 13.46 / Forward Annual Dividend Yield: 1.37% (Yahoo! Finance)

Taiwan Semiconductor Manufacturing Co Ltd

🔬 Taiwan Semiconductor Manufacturing Co Ltd (2330TT/TSMUS) – Solidifying industry leadership (DBS Insights Direct) 22 Jul 2025

🔬 Taiwan Semiconductor Manufacturing Co Ltd (2330TT/TSMUS) – Surging AI demand drives solid 2QFY25 beat; 3Q guidance points to continued momentum (DBS Insights Direct) 17 Jul 2025 ⚠️

🌐 Taiwan Semiconductor Manufacturing Company (TSMC) (NYSE: TSM) – World’s largest dedicated independent (pure-play) semiconductor foundry. 🇼 🏷️
Price/Book (Current): 8.25
Forward P/E: 24.51 / Forward Annual Dividend Yield: 1.40% (Yahoo! Finance)

SE Asia

🇮🇩 Indonesia

Charoen Pokphand Indonesia Tbk PT

🔬 Charoen Pokphand Indonesia Tbk PT (CPINIJ) – <Results First Take!> Charoen Pokphand Indonesia (CPIN IJ) – Profit slumps on broiler losses; TP and rating under review (DBS Insights Direct) 31 Jul 2025 ⚠️

🇮🇩 Charoen Pokphand Indonesia Tbk PT (IDX: CPIN / FRA: 0CP1 / OTCMKTS: PPOKF) – Poultry feed, broiler, food products & day-old chicks (DOC). Subs. of the Charoen Pokphand Group. 🇼 🏷️
Price/Book (Current): 2.36
Forward P/E: 17.83 / Forward Annual Dividend Yield: 2.47% (Yahoo! Finance)

Sumber Alfaria Trijaya Tbk PT

🔬 Sumber Alfaria Trijaya Tbk PT (AMRTIJ) – Results First Take: Stable Sales and GPM Uplift help Offset DC-Driven Cost Pressures (DBS Insights Direct) 31 Jul 2025 ⚠️

🔬 Sumber Alfaria Trijaya Tbk PT (AMRTIJ) – PT Sumber Alfaria Trijaya Tbk : Expanding reach with Long-term gains in focus (DBS Insights Direct) 09 Jul 2025 ⚠️

🇮🇩 🇵🇭 Sumber Alfaria Trijaya Tbk PT (IDX: AMRT / OTCMKTS: PSBAF) or Alfamart – Primarily-franchised Indonesian convenience store chain. Over 18,000 stores in 27 provinces + about 1,000 outlets in the Philippines. 🇼 🏷️
Price/Book (Current): 6.09
Forward P/E: 30.77 / Forward Annual Dividend Yield: 1.34% (Yahoo! Finance)

Unilever Indonesia Tbk PT

🔬 Unilever Indonesia Tbk PT (UNVRIJ) – Results First Take: 2Q25 results came inline with expectation (DBS Insights Direct) 31 Jul 2025 ⚠️

🇮🇩 Unilever Indonesia Tbk PT (IDX: UNVR / FRA: UTG / OTCMKTS: UNLRF) – FMCG. More than 40 brands & nine factories. 🏷️
Price/Book (Current): 5.50
Forward P/E: 27.55 / Forward Annual Dividend Yield: 1.53% (Yahoo! Finance)

Indosat Ooredo Hutchison Tbk PT

🔬 Indosat Ooredo Hutchison Tbk PT (ISATIJ) – 2Q25 marks the bottom; recovery in 2H25F (DBS Insights Direct) 31 Jul 2025 ⚠️

🔬 Indosat Ooredo Hutchison Tbk PT (ISATIJ) – <First Take!> Indosat – Weak 2Q25 leads to lower FY25F guidance; expect strong sequential growth in 3Q25F 30 Jul 2025 (DBS Insights Direct) 30 Jul 2025 ⚠️

🇮🇩 PT Indosat Ooredoo Hutchison Tbk (IDX: ISAT / FRA: IDO1 / OTCMKTS: PTITF) – Wireless services for mobile phones + broadband internet lines for homes. 🇼 🏷️
Price/Book (Current): 1.97
Forward P/E: 12.22 / Forward Annual Dividend Yield: 4.15% (Yahoo! Finance)

Vale Indonesia Tbk PT

🔬 Vale Indonesia Tbk PT (INCOIJ) – <Results Analysis>: Higher nickel ore sales volume to boost performance in 2H25. (DBS Insights Direct) 31 Jul 2025 ⚠️

🇮🇩 Vale Indonesia Tbk PT (IDX: INCO / FRA: XT3B / OTCMKTS: PTNDF) – Nickel mining and processing. Subs. of Vale (NYSE: VALE). 🇼 🏷️
Price/Book (Current): 0.90
Forward P/E: 24.51 / Forward Annual Dividend Yield: 1.41% (Yahoo! Finance)