C.P. Pokphand’s Privatisation Bid from CPF
CPP announced a privatisation offer from CPF at HK$1.15 cash for each scheme share. Overall, we think the offer price is attractive and that the...
582 Views
Company Update Thaifoods Group Plc. (TFG)
TFG’s 2Q21 core profit fell YoY and QoQ due to a narrower margin and an increase in the effective tax rate, leading us to revise down our 2021E...
85 Views
TFG: Solid Outlook, Though It Should Retreat from 3Q20 Peak
We maintain BUY rating on TFG with a new 2021E target price at Bt6.10, from Bt5.95, derived from 14.9xPE’21E, which is +1SD of its 3-years trading...
231 Views
The Week that Was in ASEAN@Smartkarma - PAP Retains Power, Rising Sea Ltd, and Cratering Credit Risk
This past week's offering of Insights across ASEAN@Smartkarma is filled with another eclectic mix of differentiated, substantive and actionable...
327 Views
TFG: Weak 2Q20E but Strong Outlook in Medium to Long Term
We maintain BUY rating on TFG with a new 2021E target price at Bt5.95, from Bt4.70, derived from 17.2xPE’21E, which is -0.5SD of its 3-years...
331 Views