TCAP - Concerns Oversized?
TCAP continues to see market capitulation well below early FY20, unlike Thai banks, despite its exceptionally high 8% dividend yield and ROA of...
232 Views
Thailand Financials – High Yield & Reflation
Recovery is still likely in coming quarters given developments. Low rates will remain, and this makes high dividend yield financials more interesting.
246 Views
CHAYO: No Cheap Opportunity to Participate in High Growth
We maintain our SELL recommendation on CHAYO but raise our target price to Bt13.70 (previously Bt8.70), implying a downside of 20% from the current...
318 Views
Ngern Tid Lor Pre-IPO - Pre-COVID Growth Track Record Has Been Very Strong
Ngern Tid Lor (NTL), a financial service provider based in Thailand, aims to raise around US$750m via selling a mix of primary and secondary shares...
505 Views
CHAYO: High Growth Expectations Make It Hard to Outperform
We change our recommendation on CHAYO to SELL from HOLD but raise our target price to Bt8.70 (previously Bt7.30), implying a downside of 22% from...
239 Views