ASAP: Weak Profitability Priced In, While Growth Still Intact
We maintain a BUY rating on ASAP with new 2019E target price of Bt3.80 (from Bt6.50), derived from 19.6xPE, which is 1.0x PEG of earnings growth in...
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ASAP: Ladies and Gentleman, Start Your Growth Engines
We initiate coverage on ASAP with a BUY rating and a 1H19E target price of Bt6.5 at 24.1x PE, which is 1.0x PEG of the average of the company’s...
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Telecom Review: Four Bunnies Up True's Magic Hat
More to Come? Building on the asset monetization theme we first highlighted in Reality Check 2018: Is True Worth a Bet After the Asset Sales?, we...
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The Chef's Selection: The Best of May/June Company Visits
During the months of May and June, we visited roughly 30 companies and found ourselves most impressed with five of these: BTS, Erawan, Comanche,...
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Wheels For Hire
We visited two companies today who literally make a living on the road, so here goes, man. One of these, JWD, was first profiled in Rebooting...
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