1. Indonesia Market Crisis:  An  MSCI warning  about potential downgrades has caused a massive sell-off in Indonesian stocks, creating a crisis of confidence in the region.This has triggered massive sell-offs (losing  US$80-120 billion  in market value) across Indonesian stocks, including  Chandra Asri, which is a major shareholder in Hiap Seng.
2. So, in this case, the Chandra Asri link has becone a liability:  Hiap Seng&rsquo s major shareholder, Chandra Asri, has seen its own valuation plunge by over  30%, dragging down sentiment for their partnership.
3. Weak Earnings Outlook:  Investors fear the  11 February 2026  results will be poor, following a previous  68% drop  in profit.... of course may not be, but these people are always on the kaisu side if sentiments are poor as in current situations 
4. A looming Share Options expiry (on13 February 2026) is also causing technical selling pressure. Will that SSH, who sold his earlier millions of subscriptions earlier , subscribe or not? If he doesn&rsquo t it' s a signal of no confidence.....
5. Company had openly announced in their last results briefing that high labour coast and dormitory expenses will continue to shrink the company' s profit margins. So people think the FY results on 11 February may not be good, better be safe than sorry....
6. ' that said, some shortists think this sell down will continue FOREVER.... and come here to boast..... Chandra Asri will not let its investments and reputation go to the gutter.... the turnaround with the help of the black market, can be excruciating painful for them when it suddenly happens. So my advice, as always, if you make too much money, be humble and quiet about it.....

Italian Word of the Day: Aragosta (lobster)