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SharpFokus Brief – Wednesday, April 23, 2025

Macro: Imports Steady, Even as Shares Dropped

Indonesia’s imports in March held steady—the same level as February, which had already risen from January.
That means cashflow activity in the domestic economy is not getting worse, even if growth isn’t strong.
In contrast, share prices have dropped sharply—suggesting the reaction may have been too pessimistic.

At SharpFokus, we focus more on imports than exports, because:

Imports reflect cashflow inside the domestic economy,
while exports are cashflow from other countries.

So stable imports signal that cash is still moving internally, which supports the early signs of a market recovery.

⸻

But as always, it comes down to the companies.
We track cashflow performance company by company—because that’s what really drives long-term value.

Want to understand how?
Check out our short intro to the SharpFokus cashflow approach:
SharpFokus Cashflow Lesson Intro
  • HTUFS
  • 7Steps
  • Home
  • Jobs
  • Introduction to Sharpfokus Course
  • Sharpfokus-lessons-access
  • Sharpfokus-full-access
  • Lesson1-cashflow-profit
  • Lesson2-negative-cashflow
  • Lesson3-free-cashflow
  • Lesson4-cashflow-equity
  • Lesson5-CFROA
  • Lesson6-market-value
  • Example1-cashflow-profit
  • Example2-negative-cashflow
  • Example3-free-cashflow
  • Example4-cashflow-equity
  • Example5-CFROA
  • example6-market-value
  • Sharpfokus-premium-March2025
  • Sharpfokus100
  • Sharpfokus Premium Upgrade
  • Subscribe to Sharpfokus
  • Returns v sales
  • March imports steady
  • Market catch up
  • Credo Foundation Indonesia
  • Sharpfokus, career advice?
  • Holiday mood, cashflow reality
  • TOP100
  • Pasar Trainer
  • App
  • Car sales, Jump Start?
  • BSSR still strong beneath the surface
  • Can CashFlow predict palm oil prices?
  • CASS still flying high
  • RATU Royal cash, questionable crown
  • Cash ain’t king
  • JPFA laying larger eggs
  • ESSA flame dims
  • Notes for UI speech