AUCT: Safe-Haven Stock in the Thai Market
We initiate coverage of AUCT with a BUY rating, based on a target price of Bt11.5, which is derived from 24xPE’20E, in line with the valuation of...
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Kasikornbank (KBANK): 2020 Targets Below Expectations
Kasikornbank PCL (KBANK TB) released the 2020 targets a day after their earnings, which were below expectations. After reviewing the guidance, we...
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Kasikornbank (KBANK TB): 3Q19 Earnings Underscore Credit Quality Concerns
Kasikornbank PCL (KBANK TB) reported 3Q19 net profit of Bt 9.95bn (up 2% yoy), meeting consensus estimates. The bank booked impairments on loans of...
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The Week That Was in ASEAN@Smartkarma - Indonesian Dept Stores, Philippine Hospitals, and Banks
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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Last Week in Event SPACE: WorleyParsons, UNIZO, Adani Gas, ERM, Dah Chong, Toshiba, China Everbright
Last Week in Event SPACE ... WorleyParsons Ltd (WOR AU) petitions FIRB to decide whether Dar Group is abusing the creeper rule. The Unizo...
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