Industry Update - Energy (Upstream - Downstream) MARCH 20, 2025
We maintain a Neutral rating on the energy sector, given the lackluster earnings growth outlook for 2025-27E (+4% CAGR) and external risk factors...
216 Views
Technical Analysis - MARCH 20, 2025
The SET surged the most among Asian bourses while awaiting the Fed meeting results, supported by UBS upgrading its outlook on Thai equities and a...
316 Views
Special Report: 4Q24 Consensus Earnings Summary - March 4, 2025
The combined 4Q24 earnings of 597 stocks in the SET Index (accounting for 98% of total market capitalization) amounted to Bt190,163mn, up 12% YoY...
288 Views
Energy (Upstream-Downstream) - DECEMBER 17, 2024
We reiterate our preference for downstream over upstream players and favor refiners over oil retailers. Our top pick remains BCP (Outperform; FV at...
168 Views
Bangchak Corporation -In-Line 3Q24 Net Loss Due to Stock Losses
The 3Q24 results turned to a loss as expected (due to sustained low refining margins and stock losses). We maintain our earnings forecast.
506 Views