Thai Banks 4Q22 Screener; We Reiterate that Krung Thai Is Our Top Pick
KrungThai is our top pick with its premium profitability, healthy NPL coverage, funding and valuations, along with its low PEG ratio; we also like...
574 Views
BBL/KBANK: Huge Outperformance as BBL Nears NVDR Limit
BBL has outperformed KBANK by 33% over the last 11 months. The price ratio is nearing the high end of the historical range. BBL trades at a higher...
565 Views
Thai Banks 4Q22 Screener; Krung Thai Back on Top
Krung Thai ranks top in post-provision returns, screens well on NPL coverage and valuations, and its PEG; we also like Ayudhya for attractive...
565 Views
The Week That Was in ASEAN@Smartkarma - Grab, Sea Ltd, and GoTo's Lock-Up
The Week That Was in ASEAN@Smartkarma is filled with an eclectic mix of differentiated, substantive, and actionable insights, macro and equity...
421 Views
KTB : Normalization Is Underway
Maintain BUY with a target price of Bt20.20. We maintain our views on KTB’s business outlook after attending the analyst meeting, despite a...
354 Views