Seeking Alpha
16 Oct 2026, 20:45 UTC · 1h ago
EIDO Crashes On MSCI Index Reclassification News, 'Buy' The Indonesia Washout (Upgrade)
Impact · against what's priced in
The potential MSCI index exclusion represents a new, material risk for EIDO that could lead to forced selling by passive funds. While the subsequent 15% price drop lowers the valuation to 6x earnings, the catalyst for a rebound depends on whether the market believes the reclassification fears are overblown.
- EIDO−0.50
No priced-in read yet
- In context
The warning from MSCI regarding a possible drop from major indices is a new catalyst that threatens to trigger forced selling by passive funds, potentially driving the 6x earnings multiple even lower.
Read from the article alone
