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...
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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...
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Delta Electronics (DELTA TB): Little Option but to Accept the Tender Offer
Delta Electronics (2308 TT) (DEI) launched the conditional voluntary tender offer for Delta Electronics Thai (DELTA TB) (Delta), an electronics...
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Thai Macro Watch (June 18): North Korean Long Shots in the Thai Market
With all the warm fuzzy feeling emanating from Singapore between the two former archenemies (Trump and Kim), news reports are flying around in the...
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Snippets #10: Thailand Goes 5G...SCB/TMB Tie-Up?
Corbyn/Conde to the Rescue? World politics is unpredictable. Though we enjoy studying history ( World War 3: What, Why, Will It?), it is not always...
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