American Capital Requirement Increase: Charoen and Thai Banks to Lead October Rally
In this review, we predict that Thai equities will rally in October and early November before another major correction in December with the Fed...
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Asia into Next Week
Our view for a zig zag uptick sequence has not changed and counting on a secondary low in the S&P and oil to provide support for a final uptick...
1.8k Views
AI: Expect Gradual Recovery in 3Q21 Earnings
We change our target price to Bt10.4 from existing target price of Bt2.6 to factor in change in par value from Bt0.25 to Bt1.0, effective on 11 Oct...
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AI: 2Q21 Net Profit Was the 8-Quarters Low
AI reported 2Q21 net profit of Bt58m (-63%YoY, -52%QoQ), eroded by delayed project execution of insulator business. Meanwhile, contribution from...
279 Views
AI: Strong Demand of Biodiesel Supported 4Q20 Earnings Growth
AI’s 4Q20 net profit was at Bt259m (+75%YoY, +54%QoQ) on the back of growing demand for biodiesel. The company reported 2020 net profit of Bt749m...
246 Views