Late Night Sunday Writing
Taking a sizeable short term long trade on $ARNA and $CASS Q3 earnings release:

ARNA:
Based on recent Stockbit snips research on ARNA, ARNA Q3 volume sales looks very promising. I'm trying to take advantage of pre market euforia on BMAD update and there seems to be small bite upside potential on Q3 earnings release.

CASS:
I don't think market is paying attention to how good recent Indonesia domestic and international flight data are (You can check from BPS, as CASS revenue correlates positively with Indonesia flight traffic).

This stock is still undervalued on P/E of 10x basis assuming no growth, which is very unlikely for Indonesia aviation industry to stop growing thus there's definitely still some growth potential in it, making it attractive.

I am going to make DCF , write a short blog style thesis on CASS (while drinking cass beer hahaha) and might include this on my core portfolio, as this stock shows very promising potential not only from its attractive outlook but also its alluring cash position (might as well speculate for huge dividend payout, potentially 15% dividend yield or 500 bn dividend payout).

What are the downsides (You may ask) of this trade? Limited according to positive industry and operational data, but i think ARNA imposes higher risk and limited potential return (on this "short term" trade) than CASS due to ARNA uncertain margin and ASP.

I hope when I wake up, both of them haven't released their earnings :D