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Tipco Asphalt (TASCO TB)
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59
Analysis
Materials
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Thailand
Tipco Asphalt Public Company Limited manufactures and distributes asphalt emulsion for use in construction and maintenance of roads. The Company sells its products in both domestic and export markets.
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bullish
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Tipco Asphalt
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13 Aug 2020 11:24
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Broker
TASCO: Asphalt Demand Remains Healthy in 2H20
Analyst meeting on August 11th came out with a positive tone for asphalt market in 2H20, driven by recovered demand and tight supply. However, we...
Pi Securities PCL, Thailand
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335 Views
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bullish
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Tipco Asphalt
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30 Jun 2020 09:48
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Broker
TASCO: Healthy Demand from Domestic Projects
Analyst meeting held yesterday came out with a positive tone for the remaining quarters. We foresee a healthy asphalt demand from May 2020E...
Pi Securities PCL, Thailand
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258 Views
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bullish
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Tipco Asphalt
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13 May 2020 16:06
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Broker
Back to Normal Operation from 2Q20E Onwards
Analyst meeting held yesterday came out with a positive tone for the remaining quarters. We expect both sales volume and margin to improve from...
Pi Securities PCL, Thailand
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322 Views
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bullish
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Tipco Asphalt
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17 Apr 2020 09:41
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Broker
TASCO: Expects Sales Recovery in 2Q20E
We maintain our ‘BUY’ rating but cut our target price down by 23% to Bt21.0, based on 12.8xPE’20 which is equal to the Asia-ex Japan materials...
Pi Securities PCL, Thailand
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343 Views
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bullish
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Tipco Asphalt
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11 Feb 2020 10:36
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Broker
TASCO: Surfing the Spread Uptrend in 2020
We initiate coverage of TASCO with a BUY rating and a 2020E target price of Bt27, derived from 12.8xPE’20E, which is in line with valuations of the...
Pi Securities PCL, Thailand
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312 Views
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