Wha Corporation - 2Q24E Profit Growth YoY; Better 2H24E Earnings HoH on Higher Transfers
The valuation metrics suggest a strong fundamental outlook, favorable long-term earnings prospects, and a neutral tactical perspective.
140 Views
I-Tail Corporation - Leader in Global Pet Food Manufacturing
Although ITC’s valuation is not cheap compared to its Thai and global peers, we believe it deserves the premium thank to its strong positioning in...
150 Views
Asian Alliance International - Solid Pet Food Player with Scalability in Global Market
We initiate our coverage on AAI with a Neutral rating and a 12M FV of Bt5.50, based on a required return of 7.40%. Our valuation metrics suggest...
140 Views
Ptg Energy - Strong 2Q24E Earnings; Marketing Margin Remains a Challenge
The stock price has not factored in the strong 2Q24E earnings momentum as the marketing margin remains a challenging factor in 2H24E
147 Views
Industry Update: Pet Food - Solid Fundamentals but Growth Projected to Be Slower (JULY 25, 2024)
We hold a neutral view toward Thai pet food stocks. While the sector has solid fundamentals, the growth trend appears to be diminishing compared to...
140 Views