Asian Alliance International - 2Q24 Beat Expectation Thanks to GPM Surprise
Our valuation metrics suggest that the current valuation is neutral, with strong long-term growth prospects, while the tactical parameters are also...
119 Views
Asian Alliance International - Solid Pet Food Player with Scalability in Global Market
We initiate our coverage on AAI with a Neutral rating and a 12M FV of Bt5.50, based on a required return of 7.40%. Our valuation metrics suggest...
142 Views
Exports in July 2024 Hit a 28-Month High
The international trade account in July recorded a deficit of USD1.37bn, reversing from the surplus of USD0.22bn in June.
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Economic Update – Exports & Imports - Jul 30, 2024
Despite the contraction of exports in June at -0.3% YoY, we still believe that Thai international trade will meet the 2024E forecasts of the NESDC
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Industry Update: Pet Food - Solid Fundamentals but Growth Projected to Be Slower (JULY 25, 2024)
We hold a neutral view toward Thai pet food stocks. While the sector has solid fundamentals, the growth trend appears to be diminishing compared to...
143 Views