BBL: Large Corporate Bank with Conservative Strategy
We initiate coverage of BBL with a BUY rating, based on a target price of Bt155.0, derived from 0.65x PBV’21E (ROE’21 at 7.8% and long-term growth...
445 Views
The Week That Was in ASEAN@Smartkarma - SEA Digital IPOs, Bukalapak, and Bangkok Bank
The week that was in ASEAN@Smartkarma is filled with another eclectic mix of differentiated, substantive, and actionable insights from across South...
365 Views
Last Week in Event SPACE: SOHO China, Toshiba, Boral Ltd, Yageo/Chilisin, Microstrategy
The weekend is here! Pour yourself a coffee, grab a comfortable seat, and sift through a brief summary of insights on various events discussed...
464 Views
B-WORK: New Asset and Attractive Dividend Yield
We maintain a BUY recommendation on B-WORK and increase the target price to Bt13.50 from Bt12.50, implying an upside of 35% from the current share...
407 Views
Bank Credit Compass: Asia Tier 2 and Short Duration Notes Sit in the Sweet Spot
Asia’s Tier 2 notes slightly outperformed AT1 in May. Shorter-duration bonds outperformed although there was greater differentiation in longer...
380 Views