Primer: Firetrade Engineering (FTE TB) - May 2026
Firetrade Engineering is a key player in Thailand's fire protection industry, benefiting from non-discretionary, regulation-driven demand and a...
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The Week that Was in ASEAN@Smartkarma - Buoyant Budgets, Hospitals, and Telcos
This week's offering across ASEAN@Smartkarma is filled with an eclectic mix of differentiated, substantive and actionable insights from across...
340 Views
Central Retail IPO Day 20 Feb - Basis Risk, Flow, and Index Dynamics
Central Retail (CRC TB)is one of the largest retailers in Thailand. Its imminent IPO was "known" back in July last year when Central Retail...
718 Views
FTE: Attractive Valuation
We maintain our BUY rating on FTE with a new 1H19E target price of Bt2.9 (from previous Bt4.0). We like FTE for its clean balance sheet with net...
530 Views
FTE: Disappointing Performance in 1Q18
FTE posted net profit in 1Q18 of Bt17m, (-39%YoY, -53%QoQ). 1Q18 earnings accounted for 12% of our 2018E full year forecast. We are reviewing our...
260 Views