TOP: Premier Thai Refinery to Post Huge Earnings Turnaround in 2021E
We initiate coverage of TOP with a BUY rating, based on a 2021E target price of Bt65.0, pegged to 1.1xPBV,21E, which is in line with its world...
566 Views
SET50 Index Rebalance: DELTA to Buy
BAM, COM7 and DELTA have been added to the SET50 index replacing BPP, IRPC and WHA with the changes effective after the close on 30 Dec. With 11...
428 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...
371 Views
SET50 Rebalance Preview: Early Bird Special
The Stock Exchange of Thailand (SET) will announce the results of the semi-annual review of the SET50 index in June and the changes will be...
375 Views
The Week That Was in ASEAN@Smartkarma - Indonesia's Reforms, HomePro, and SCC's Packaging IPO
This past week's offering of Insights across ASEAN@Smartkarma is filled with another eclectic mix of differentiated, substantive and actionable...
309 Views