Thaifoods Group (TFG TB) - 2024E Earnings to Grow by 15%; Expecting a HoH Recovery in 2H23E
KTX has revised up our rating to Buy (fair value of Bt5.55, based on the earnings yield and a required rate of return of 9.0%).
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The Week That Was in ASEAN@Smartkarma - GoTo's Initiatives, Berli Jucker & Big C IPO, and Indocement
The Week That Was in ASEAN@Smartkarma is filled with an eclectic mix of differentiated, substantive, and actionable insights, macro and equity...
260 Views
Betagro IPO: Valuation Insights
Betagro is a well-run company. However, it is fully priced at the IPO price of THB40 per share. Give the IPO a pass, awaiting a lower entry point.
274 Views
Betagro IPO: The Bear Case
The key elements of the bear case rest on weak sector market sentiment, second largest business under pressure, elevated raw material prices and...
250 Views
Betagro IPO: The Bull Case
The key elements of the bull case rest on top quartile growth rates, a well-functioning core business, rising profitability, cash generation and...
230 Views