TASCO: Expects Sales Recovery in 2Q20E
We maintain our ‘BUY’ rating but cut our target price down by 23% to Bt21.0, based on 12.8xPE’20 which is equal to the Asia-ex Japan materials...
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TASCO: Surfing the Spread Uptrend in 2020
We initiate coverage of TASCO with a BUY rating and a 2020E target price of Bt27, derived from 12.8xPE’20E, which is in line with valuations of the...
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SET50 Index Rebalance Preview - Better Early Than Late
The Stock Exchange of Thailand (SET) will announce the results of the semi-annual review of the SET50 index in December and the changes will be...
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Tipco Asphalt’s Best Quarter
We met up with Tipco Asphalt and Homepro, the country's largest home furnishing store chain. This is the quick run-down: TASCO reported huge...
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Tipco Asphalt: Rising Like a Phoenix
Tipco Asphalt or TASCO is worth more than its money-losing fruit juice parent company and a clear leader in its field. We recently met up with...
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