GGC: Benefits from an Increase in Palm Price
We reiterate our BUY rating with the target price at Bt10.9, derived from 1.1xPBV’21E which is equal Asia-ex Japan material sector.
243 Views
GGC: Good Outlook from Recovered Demand
Yesterday analyst meeting came out with a positive tone. We expect biodiesel price to recover in 2H20, driven by lockdown easing and B10 policy....
375 Views
GGC: Continue Its Growing Path Despite a Weakness in 2Q20
We come out with a slight positive outlook for the company performance in 2H20, after attended opportunity day yesterday. Despite a weakness in...
110 Views
The Week That Was in ASEAN@Smartkarma - Malaysian Politics, Indonesian Consumers, and Central Retail
This past week's offering of Insights across ASEAN@Smartkarma is filled with another eclectic mix of differentiated, substantive and actionable...
320 Views
Dark Clouds Over Erawan
We recently visited Erawan and Global Green Chemicals (GGC TB) this week. Let's just say the companies are having a hard time even before the...
321 Views