Company Update: PTT Global Chemical Plc.
We remain confident in the company’s solid earnings base, with olefins and derivatives to remain the key contributors in the years ahead.
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The Week That Was in ASEAN@Smartkarma - Indonesia's Peak, Mayora Indah, and IPOs
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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Energy Sector Outlook 3Q21
We maintain the BUY recommendation based on a target price of Bt146, derived using DCF methodology (WACC 9.4%, TG 2%). Our valuation implies 11x...
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PTTGC: Spread Expansion Continues in 2Q21 from Demand Recovery
Analyst meeting last week came out with slight positive tone. Petrochemical outlook seems supportive from demand recovery in 2Q21. The company is...
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PTTGC: Strong Spread Drives 1Q21 Earnings and Continue in 2Q21
We reiterate our BUY rating with the new target price at Bt80.0 (from Bt75.0), derived from 1.2xPBV’21E which is equal to its 5 year average trading.
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