HMPRO: The Best Home-Improvement Retailer in Thailand
We initiate coverage of Home Product Center (HMPRO TB) with a BUY rating, based on a target price of Bt15.0, which is derived from 33xPE’21E, a 40%...
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Central Retail: Initial ESG Assessment Is Impressive
ESG ratings providers take a long time to rate issuers of initial public offerings. If you go through a list of recent large IPOs (e.g., Alibaba,...
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Central Retail IPO Day 20 Feb - Basis Risk, Flow, and Index Dynamics
Central Retail (CRC TB)is one of the largest retailers in Thailand. Its imminent IPO was "known" back in July last year when Central Retail...
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Tipco Asphalt’s Best Quarter
We met up with Tipco Asphalt and Homepro, the country's largest home furnishing store chain. This is the quick run-down: TASCO reported huge...
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The Week that Was in ASEAN@Smartkarma - Student Demos, Indonesian Banks, and Digital Thailand
This past week's offering of Insights across ASEAN@Smartkarma is filled with another eclectic mix of differentiated, substantive and actionable...
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