HANA: Covid-19 Impact Has Passed
We maintain HOLD rating for HANA with a new 2021E target price of Bt38.50, derived from 13.8xPE’21E, which is +0.5 SD of its 5-year trading...
230 Views
SET50 Index Review - Delta to Sell
Late last evening, the Stock Exchange of Thailand (SET) announced the results of the semi-annual review of the SET50 index. The changes will be...
554 Views
The Week That Was in ASEAN@Smartkarma - Remarkable Vietnam, Indonesian Retail, and Thai Banks
This past week's offering of Insights across ASEAN@Smartkarma is filled with another eclectic mix of differentiated, substantive and actionable...
291 Views
HANA: Cheap Valuation and Clean Balance Sheet
We initiate coverage of HANA with a BUY rating and a 2021E target price of Bt32.00, derived from 13.6x PE’21E, which is +0.5 SD of its 5-year...
352 Views
Delta Electronics (DELTA TB): Thoughts on the IFA’s Valuation Range
Delta Electronics Thai (DELTA TB) (Delta) released its opinion (Form 250-2) and the opinion of the Independent Financial Advisor (IFA) on the...
487 Views