North East Rubber - In-Line 1Q24 Core Profit, with Stronger Momentum in 2Q24E
The 1Q24 earnings were as strong as expected, with further momentum likely in 2Q24E when average selling prices will fully reflect rising rubber...
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North East Rubber - Solid 1Q24E Core Profit, with Stronger Momentum in 2Q24E
Since we recommended taking profit on rubber stocks in mid-March when rubber prices peaked, NER's share price has dropped by around 14%, reflecting...
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Economic Update – Exports & Imports - June 24, 2024
KTX anticipates a potential improvement in Thailand's international trade for the remainder of the year, following May’s trade surplus of USD0.656bn.
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Rubber - Maintain Bullish View on Rubber Prices in 2024E
Given the tighter rubber supply outlook, we remain bullish on the rubber price uptrend in 2024E, which should be an earnings catalyst for rubber...
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North East Rubber - Challenges Behind Downward Earnings Revision
A possible global recession that would weigh on rubber prices and the GPM are the key reasons for our downward revision to NER’s 2023-25E earnings
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