Bangkok Bank – Positive Credit Turn
BANGKOK BANK: BBL reported 4Q21 bottom-line results of THB 6.3 bn, declining 8.6% QOQ, driven by costs. BBL’s net new NPLs were negative and...
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Bangkok Bank – Rotten To The Core
BANGKOK BANK: BBL reported a 2Q21 QOQ core operating results decline of 86.2%. The increase in net new NPLs, unknown moratorium credits, and COVID...
172 Views
SPRIME: Resilient REIT Trades Cheaply in the Market
We keep our BUY recommendation on SPRIME but decrease our fair value estimate to Bt8.90 (previously Bt10.40), implying an upside of 25% from the...
286 Views
Ngern Tid Lor IPO Trading - Should Be a Steady Listing
Ngern Tid Lor (NTL), a financial service provider based in Thailand, raised around US$1bn in its Thailand IPO. Prior to listing, it was jointly...
323 Views
Ngern Tid Lor IPO - Not Really at a Large Discount but the Overall Sector Has Been Doing Very Well
Ngern Tid Lor aims to raise around US$1bn via selling a mix of primary and secondary shares in its Thailand IPO. Prior to listing, it was jointly...
494 Views