SPRIME: Depressed Price Offers a Good Opportunity to Accumulate
We keep our BUY recommendation on SPRIME with a target price of Bt11.00, implying an upside of 38%. We derive our target price from a DCF-based...
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KBANK – Provision Expense Collapse
The range of 3Q20 credit cost change among Thai banks is vast, from -57% to +41% QoQ, with the two similar banks, Kasikornbank PCL (KBANK TB) and...
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Thai Banks: Down But Coming Back
With Thailand's tourism industry devastated by the lockdown imposed to contain the spread of COVID-19,
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The Week that Was in ASEAN@Smartkarma - SE Asia's Consumer Proxy, Wilmar's YKA IPO, and CRC
The week that was in ASEAN@Smartkarma is filled with another eclectic mix of differentiated, substantive and actionable insights from across South...
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South Asian Banks - State Banks Differ
We sometimes view state banks as lethargic and prone to higher bad loans than other banks. In the current world, it is worth assessing how some of...
349 Views