MUFG – Bank Danamon Deal Makes Little Sense
* Bank Danamon is additive to MUFG’s ASEAN strategy, bringing it's foreign content of EPS to 50%.* From a financial and managerial perspective,...
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Asian Stars Are Aligning With MUFG's Acquisition of an Indonesian Bank; Shares Undervalued
We see upside to our fair value estimate for Mitsubishi UFJ Financial Group (8306 JP), or MUFG, following a series of positive developments that...
172 Views
Thailand's Returned Cheques
Where understanding, forecasting credit metrics is more of an art than a science, we believe looking at a wide array of variables, including those...
122 Views
TMB Bank - Going Nowhere…Fast
* TMB Bank’s (TMB.TB) run of improving fundamentals have come to an end; * The core niche SME loan segment hasn’t grown for several quarters, and...
233 Views
Last Week in Event SPACE - Clariant, KBANK, Innox, Shun Tak
This week, is Clariant AG (CLN VX) the one being hunted?; Toshiba Corp (6502 JP)'s discombobulated relationship with Western Digital Corp (WDC US)...
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