Reality Check IV: Can "Shop Peau Chart" Revive Thai Retailing?
The military government has revived the "Shop Peau Chart" campaign which aims to spur retail spending in the last days of December 2016. We think...
908 Views
Macro to Micro: Thai Consumption Has Stagnated. Consumer Stocks Are near Record Valuations- Hmm.
The Thai consumer faces many headwinds: The household sector is more leveraged than in prior cycles; Thai export performance has been poor and...
555 Views
American Capital Requirement Increase: Charoen and Thai Banks to Lead October Rally
In this review, we predict that Thai equities will rally in October and early November before another major correction in December with the Fed...
428 Views
RS : 3Q22 Earnings Show Sign of Positive Recovery
RS reports 3Q22 net profit at Bt82m, the highest level in the past six quarter, which is 46% above market estimate. Impressive earnings resulted...
477 Views
RS : 2H22 Earnings Recovery Remains Challenging
We downgrade RS to HOLD while trim down target price to Bt15.0 (Previous TP: Bt20) after revise down earnings in 2022-23E by 41-52% in order to...
454 Views