GLOBAL: Home-Improvement Player Eyes Opportunities in ASEAN
We initiate coverage of GLOBAL with a HOLD rating, based on a target price of Bt20.5, which is derived from 33xPE’21E, close to the average of the...
357 Views
HMPRO: 2H20 Earnings Momentum Already Priced In
Yesterday analyst meeting came out with a neutral tone. We maintain HOLD rating with a target price of Bt15, which is derived from 33xPE’21E, a 40%...
313 Views
U.S. Dollar Breakdown: Bullish For Ex-U.S. Equities
Global indexes including the MSCI ACWI and ACWI ex-US are following in the MSCI EM index’s footsteps by breaking to new highs. This is bullish and...
437 Views
DOHOME: Fastest Growing Home-Improvement Player in Thailand
We initiate coverage of DOHOME with a HOLD rating based on a target price of Bt12.5. We derive our target price from 25xPE’21E, a 25% discount from...
377 Views
Global Equity Strategy: Short-Term Bullish Trends Clash With Longer-Term Resistance
For now we view the recent pullback as a countertrend move that helped correct the extended and overbought conditions we noted over the past two...
383 Views