The Week that Was in ASEAN@Smartkarma - New Models, Channel Checks, and Concrete Foundations
This week in ASEAN@Smatkarma saw an eclectic mix of top down thematic insights, as well as differentiated bottom up ideas. In PTTGC: Petrochemical...
180 Views
Three Kingdoms of Thai Telecoms: The Battle of 2300MHz
One of our former analysts estimates that DTAC is worth Bt56/sh post-2300MHz deal with TOT (the stock recently peaked at around Bt53/sh), but we're...
273 Views
Thai Macro Watch (Part 2): Policy Divergence & Portfolio Thoughts
Our thoughts on portfolio is simple. “Lay low for the moment yo.” Sometimes, the best thing to do is nothing, and strangely that’s easier said that...
136 Views
Singtel's International Optimism Tempered by Domestic Issues.
The recent 2017 SingTel (ST SP) Investor Day was a mix of domestic caution and international optimism. There was not a huge amount of new...
181 Views
AIS: Solid 1Q17 Result but Problems Remain as TRUE Gains Share
AIS (ADVANC TB) reported a solid 1Q17 result and we have increased our forecasts somewhat to reflect this. However, the valuation remains high and...
181 Views