Thai Oil - Strong 1Q24E Earnings; Good LT Earnings Momentum
We believe the firm will be able to achieve our 2024E NP estimate, with the potential normalization of the GRM to be offset by a lower crude...
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Thai Oil - 4Q23 and 2023 Earnings in Line; Solid GRM Outlook
We retain our positive view on the gross refining margin (GRM) in 2024E, driven by sustained high crack spreads of middle distillates (TOP’s yield...
223 Views
Technical Analysis - April 23, 2024
Asian bourses, including the SET, soared against rising US bond yields after tensions in the Middle East subsided. A buying force quickly targeted...
125 Views
Technical Analysis - APRIL 19, 2024
Asian bourses rebounded on the decrease in US bond yields, but the SET only climbed up limitedly before dropping sharply in the afternoon and...
373 Views
Technical Analysis - APRIL 18, 2024
Although many Asian bourses bounced up, the SET sank sharply amid concerns that the Fed would maintain interest rates at a high level, alongside...
214 Views