ACE: Better Gross Margin but We Stay on HOLD
We maintain our HOLD recommendation on ACE based on our target price of Bt3.49, implying a downside of 6%. We think ACE deserves to trade at a...
182 Views
ACE: Results Are Not Stunning, Stay on HOLD
Good 2Q20 results and follows up on its continuous expansion plans. We revise our forecast to account for the strong results.
291 Views
Mechanics and Details of the Uawithya Subsidiaries Divestment
Uawithya has requested shareholder approval to divest three of its renewable power subsidiaries at bargain basement prices. One of the worst...
374 Views
Five Biggest Lessons from Thai Financial Crisis
Over the past 20 years, Thailand faced two financial crisis, namely Tom Yum Goong in 1997 and Lehman in 2008. Discounting the political nonsense...
2.6k Views
Thailand Mourns Fallen King, Healing Will Take Some Time
His Majesty King Bhumibol Adulyadej (Rama IX) passed away at Siriraj Hospital in Bangkok yesterday, 13 October 2016, at 3.52pm. Our condolences to...
1.1k Views