I-Tail Corporation Pre-IPO - The Negatives - Non-Uniform Growth
I-Tail Corporation, an original equipment manufacturer (OEM) in the wet pet food category, aims to list in Thailand in 4Q22. ITC is a subsidiary of...
496 Views
CPNREIT : 3Q22 Core Profit Remains Strong
We maintain BUY rating with target price of Bt23.30, derived from a DCF methodology (WACC=5.65%, g=2%), implying 1.8xP/B'23E (1-year trading...
251 Views
CPNREIT : A Reliable REIT with Stable Growth
We initiate coverage of CPNREIT with a BUY rating and target price of Bt23.30, derived from a DCF methodology (WACC=5.65%, g=2%), implying 1.8xP...
204 Views
Thai Retail - Who Will Bite the Tesco Lotus Bullet?
Tesco PLC (TSCO LN) announced the sale of its Thai operations under Tesco Lotus along with its Malaysian operations in November 2019, with a slated...
572 Views
Asset World Corporation IPO: Wrong Time & Steep Pricing
Asset World Corporation is a leading real estate business in Thailand and one of the largest real estate companies in the region. The company is...
592 Views