The Week That Was in ASEAN@Smartkarma - Indonesia & CPO, ROTI, and Siam Cement
The Week That Was in ASEAN@Smartkarma is filled with an eclectic mix of differentiated, substantive, and actionable insights, macro and equity...
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BBL: Growth Momentum Intact Despite Uncertainties
Maintain our BUY call with a lower target price of Bt159 (from Bt162) reflecting an earnings downgrade. Our BUY call reflects steady earnings...
426 Views
BBL: Growth Momentum Intact
Maintain our BUY call with a target price of Bt162. Our BUY call reflects steady earnings growth, resilient balance sheet, and undemanding...
241 Views
BBL: Good Quality Growth
Maintain our BUY call with a target price of Bt162. Our valuation is derived from the Gordon Growth Model (ROE 6.6%, growth 2%), implying 0.6x...
262 Views
Astra International (ASII IJ) - A Glimpse into the Future
Astra International is a proxy for the recovery in Indonesia's economy through cars, motorbikes, and commodities but has an emerging digital and...
444 Views