ICHI: New S Curve from Functional Drink
We initiate coverage of ICHI with a BUY rating and a 2021E target price of Bt10.10, derived from 22.9xPE’21E which in line with the average of the...
324 Views
CBG: Valuation Running Ahead of Fundamentals
We initiate coverage of CBG with a HOLD rating, based on a target price of Bt89, which is derived from 33xPE’20E, close to the average of the...
807 Views
Thai Equities: Impact of Recent Regulations & Taxes
In this review, we examine the stocks/sectors impacted by recent changes in tax levels, government schemes, and new regulations. Foremost amongst...
396 Views
Osotspa (OSP TB) IPO: Feel the Buzz
Osotspa is coming to market with Thailand's largest IPO of 2018, raising nearly $450 million in a deal that will value the energy drink maker in...
494 Views
M: Big-Three Chain Restaurant Giant Ramps up Brands and Networks
We initiate coverage on M with a BUY rating, based on a target price of Bt96 and derived from 31xPE’18E, which is the +2SD of three-year average...
186 Views