BTS: Solid Core Operation with Huge Potential Upside
We expect BTS’s FY2021 core profit to soften from the previous year pressured by falling revenue from media business under VGI PCL (BUY TP: Bt8.70)...
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Political Pit Stop (June'20): Corona Silver Lining, Rise of Biden?
In this review, we highlight five political or election-related developments that may indirectly impact Thai equities: Biden will now be...
393 Views
The Week That Was in ASEAN@Smartkarma - Healthy Consumers, Defensive Telcos, and Vulnerable SGREITs.
This past week's offering of Insights across ASEAN@Smartkarma is filled with another eclectic mix of differentiated, substantive and actionable...
409 Views
BTS: Minor Impact from Possible Bangkok Shutdown
We estimate negative impact to 2020E earnings for BTS at 6% in worst case if they have to halt their mass transit operation for 75 days. With...
476 Views
The Week That Was in ASEAN@Smartkarma - Gojek Riding High, Indonesian Cement, and SIA
This past week's offering of Insights across ASEAN@Smartkarma is filled with another eclectic mix of differentiated, substantive and actionable...
414 Views