Economic Update – Exports & Imports - Jul 30, 2024
Despite the contraction of exports in June at -0.3% YoY, we still believe that Thai international trade will meet the 2024E forecasts of the NESDC
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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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North East Rubber - China’s Reopening to Boost Rubber Sales Growth
We maintainan Outperformrating. Our valuation matrix suggests upside to our current FV of Bt7.62/share, based on a required rate of return at 13.6%.
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