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AP Thailand

AP Thailand (AP TB)

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Analysis
Consumer Discretionary • Thailand
AP (Thailand) Public Company Limited is a leading real estate developer in Thailand, specializing in the development of low-rise properties like single detached houses and townhouses, as well as high-rise condominiums. The company also provides after-sales, property brokerage, and construction services through its affiliates. AP Thailand was founded in 1991 and is headquartered in Bangkok, Thailand.
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bullish•Golden Land Property Development
•30 Mar 2018 14:17•Broker

GOLD: Determined Plan to Reach Top Five in Thai Property

We initiate coverage on GOLD with a BUY rating, based on a target price of Bt18 and derived from the 20xPE’18E of World Real Estate sector. The...

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bullish•AP Thailand
•22 Jan 2018 12:11

AP (AP TB): Cheap Real Estate Developer Reaping Benefits from JV

Good price momentum, low volatility in earnings, and low core profit valuation relative to its sector Strong presales should drive earnings moving...

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