RBF: Strong Performance and Resilience Are Already Priced In
We keep our HOLD recommendation on RBF and reduce our target price to Bt8.70, implying a downside of 8%. We derive our target price from a 30%...
305 Views
The Week that Was in ASEAN@Smartkama - Kalbe Spin-Off, SingTel's Deep Value, and Thailand's Gamers
The week that was in ASEAN@Smartkarma is filled with another eclectic mix of differentiated, substantive and actionable insights from across South...
463 Views
RBF: The Excessive Outperformance May Come to a Halt
Given the substantial growth, we become a bit more optimistic for 2020E-2021E, but we still miss a catalyst for further outperformance.
326 Views
RBF: Recent Jump in Share Price Leads to Overvaluation
We initiate coverage on RBF with a SELL recommendation based on a target price of Bt8.70, implying a downside of 13% from the current price. We...
432 Views