GULF: Short Term Negative Sentiments from Capital Increase
We see the fall in GULF’s share price by 9% due to the news on capital increase and ADB's divestment of stake in GULF as an opportunity for...
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GULF: Upside from Investment in INTUCH
We revise up our target price to Bt45.4 (from previous Bt44.6)Â incorporating the contribution of Bt0.9/sh from new investment in INTUCH. Our...
413 Views
GULF: Fastest Growing Utility Player in Thailand
We initiate coverage of GULF with a BUY rating, based on a 2021E target price of Bt44.6, derived from a sum-of-the-parts (SOTP) methodology. Our...
486 Views