SPRC: To Be Pressured by Crude Premium
Yesterday analyst meeting came out with a slight negative tone. We expect 3Q20 performance to drop QoQ as crude premium rises. Meanwhile, refinery...
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The Week That Was in ASEAN@Smartkarma - Indonesia Cement, Thailand's Recovery, and SG REITs
This past week's offering of Insights across ASEAN@Smartkarma is filled with another eclectic mix of differentiated, substantive and actionable...
383 Views
SPRC: Company’s GRM to Recover in 2Q20E
Analyst meeting held last week came out with a slight positive tone. We expect SPRC’s earnings in 2Q20E to improve QoQ, led by a huge discount in...
206 Views
The Week That Was in ASEAN@Smartkarma - Healthy Consumers, Defensive Telcos, and Vulnerable SGREITs.
This past week's offering of Insights across ASEAN@Smartkarma is filled with another eclectic mix of differentiated, substantive and actionable...
409 Views
SPRC: A Harsh Year for Refineries
We revise down company’s earning to the loss of Bt956m in 2020E and also trim our target price by 50% to Bt5.7 (from Bt11.6), derived from...
483 Views