AAV TB - Weaker-Than-Expected International Passenger Numbers Putting Pressure on 2025E Profit
We revise down our 2025-26E core profit forecasts to reflect weaker international passenger numbers, along with flat passenger volume in 1Q25E both...
160 Views
Asia Aviation - In-Line 4Q24 Profit; Passenger Growth to Continue in 2025E
We remain positive on the stock’s fundamentals, given the significant share price upside potential of +61% to our fair value. In addition, the...
158 Views
Asia Aviation - Expect Record-High Core Profit in 4Q24E
Q24E core profit (excluding FX losses) is expected to have reached a new quarterly record, driven by increased passenger numbers and lower fuel costs.
233 Views
Asia Aviation - Stock Price Reflects Strong Performance, with the ERP Having Risen Significantly
While we have a positive view on its fundamentals, with the fair value offering upside of +14%, we remain concerned about its long-term performance,
422 Views
Technical Analysis - MARCH 20, 2025
The SET surged the most among Asian bourses while awaiting the Fed meeting results, supported by UBS upgrading its outlook on Thai equities and a...
186 Views