The Stocks to Own in Thailand – Vol. 46
We highlight 14 stocks in Thailand that look interesting to us based on our FVMR Methodology. Portfolio changes: Seven stocks remain, seven new...
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Wha Corporation - Bullish View on 2Q24 Core Profit and Upbeat GPM from IE Business
We are optimistic based on the upbeat 2Q24 earnings, driven by a robust gross profit margin (GPM) of 64% from the industrial estate business and...
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Wha Corporation - 2Q24E Profit Growth YoY; Better 2H24E Earnings HoH on Higher Transfers
The valuation metrics suggest a strong fundamental outlook, favorable long-term earnings prospects, and a neutral tactical perspective.
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Wha Corporation - Continued Relocations of Production Bases
We initiate our coverage on WHA with an Outperform rating and a 12M FV at Bt5.60, based on a required rate of return of 6.2% (reflecting the PER...
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Industrial Estate - Positive Impact of Geopolitical Risks Already Priced In
We assign a Neutral rating to the industrial estate sector, considering the performance prospects of AMATA and WHA, which are expected to achieve a...
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