The Thailand Turnaround
The long-term decline in Thailand allocations among Asia Ex-Japan funds appears to be stabilising. We analyse the shift in sentiment among investors.
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ASIAN: Unlock Value and Potential Growth of AAI Via IPO
Maintain BUY rating and roll forward valuations to FY22E, with a new target price of Bt23 (up 5% from previous TP), based on 10.3xPE’22, which is...
317 Views
Towards A New Holdco As Asian Sea (ASIAN TB) Spins Off Pet Food Sub
Assuming a typical holding company discount of ~25%, I see little upside here. With a long-dated spin-off, I would expect shares to drift in the...
353 Views
Asian Sea Corp (ASIAN TB): Spin-Off Listing of Pet Food Likely Intended to Unlock Value.
Discuss valuations and potential upside from proposed spin-off listing of Asian Sea's Pet food subsidiary. Likely catalyst for stock's valuation...
560 Views
The Week That Was in ASEAN@Smartkarma - Carousell to List, Astra International, and Ultrajaya Milk
The week that was in ASEAN@Smartkarma is filled with another eclectic mix of differentiated, substantive, and actionable insights from across South...
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