Matthew Dow
Small-cap, value, long only, growth at reasonable price

Indofood: A Great Consumer Franchise At A Bargain Price

PT Indofood Sukses Makmur Tbk (OTCPK:PIFMY), better known as "Indofood", is one of the largest consumer product companies in Asia and is the biggest producer of instant (ramen) noodles in the world. The company has a market cap of close to $5B and is a prominent listing on the Indonesian Stock Exchange in Jakarta.

Despite being a household name in Indonesia, there is a very good chance that many Americans and those from other western countries have never heard of the company. Now could be a great time to change this for venturesome investors, as the shares are an excellent value today. The ADR of Indofood traded close to $40/share in May, and then fell as low as...

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