The Week that Was in ASEAN@Smartkarma - Sea Ltd's +ve Surprise, a Digital Telkom, and Thai Results
This past week's offering of Insights across ASEAN@Smartkarma is filled with another eclectic mix of differentiated, substantive and actionable...
454 Views
AWC: Positive Sign for Domestic Tourism Industry
We upgrade rating for AWC to BUY from HOLD with expectation for gradual recovery in earnings from 4Q20 onwards after reported net loss in 2Q20. We...
339 Views
Sri Trang Gloves IPO Trading - Riding on COVID-19 Second Wave
Sri Trang Gloves (STGT TB) raised around US$480m (THB15bn) in its Thailand IPO. The company is globally the third largest glove manufacturer, by...
601 Views
The Week That Was in ASEAN@Smartkarma - BUY Staples, Indonesian Telcos, and Thai Brokers
This past week's offering of Insights across ASEAN@Smartkarma is filled with another eclectic mix of differentiated, substantive and actionable...
354 Views
AWC: Fastest-Growing Hotel Chain in Thailand
We initiate coverage of AWC with a HOLD rating, based on a target price of Bt4.90, which is derived from a DCF methodology (WACC of 6.0%, terminal...
387 Views