Bangchak Corporation - In-Line 2Q24 NP; Weak Core Earnings, Offset by Extra Gains
The 2Q24 earnings were in line with the expectation. The company’s share price has already priced in the negatives, including the weaker market GRM...
361 Views
Bangchak Corporation - Weak Core Earnings to Be Offset by Extra Gain in 2Q24E
We revise down the 2024-26E earnings forecasts to reflect a weak market GRM in 2Q24E and to be conservative. We estimate the 12M FV at Bt43.0 (vs....
416 Views
Energy (Upstream-Downstream) - Weak 2Q24E Earnings for Refineries
Refinery stock prices have already reflected weaker refining margins and operating performance trends anticipated for 2Q24E.
284 Views
Technical Analysis - APRIL 26, 2024
Although the SET moved in a narrow range as the market had only the 1Q24 earnings results providing support, it was able to close up for the fourth...
426 Views
Technical Analysis - APRIL 25, 2024
The SET fluctuated in a narrow range and closed up for a third day, but it was weaker than other Asian bourses, which surged sharply, with tech...
317 Views