OR: Expect Earnings Drop in 2Q-3Q21 from Lockdown
We maintain a HOLD rating with a target price of Bt27.0, derived from an SOTP methodology. Our TP implies 26xPE’21E, or a 7% discount from the Asia...
222 Views
OR: Leading Oil Conglomerate with Growth Potential
We initiate coverage of OR with a HOLD rating and a 2021E target price of Bt27.0. Our valuation is derived from an SOTP methodology, which values...
254 Views
SET50 Index - Proposed Methodology Changes: Scenarios, Names Affected & Impact
The SET has commenced a market consultation on the proposed changes to make its indices free float market cap weighted. We look at the impact on...
619 Views
The Week That Was in ASEAN@Smartkarma - Banks, Beers, and Mergers
The week that was in ASEAN@Smartkarma is filled with another eclectic mix of differentiated, substantive, and actionable insights from across South...
280 Views
PTT Oil and Retail (PTTOR) IPO: Trading Debut
PTTOR priced its IPO at THB18.00 per share and the shares are set to start trading on 11 February. Our valuation analysis shows that the IPO price...
523 Views