In today’s briefing:
- Quiddity Leaderboard SET50 Jun25: Four Changes Likely; Capping to Be Introduced
- Haad Thip Meeting (HTC TB)
Quiddity Leaderboard SET50 Jun25: Four Changes Likely; Capping to Be Introduced
- The SET50 index tracks the performance of the top 50 largest and most liquid names listed on the Stock Exchange of Thailand (SET).
- In this insight, we take a look at the potential ADDs/DELs for SET 50 during the index rebal event in June 2025.
- Currently, we expect four ADDs and four DELs. There are roughly two more months left in the reference period.
Haad Thip Meeting (HTC TB)
- Last week, I had the great pleasure of meeting with Chief Financial Officer Amrit Shrestha and several of his colleagues at Coca-Cola bottler Haad Thip (HTC TB – US$193 million).
- The company is the exclusive producer and distributor of Coca-Cola products across Thailand’s 14 Southernmost provinces.
- The stock has performed beautifully over time, though sideways since 2021. It trades at a 9.6x P/E ratio and a 6.4% dividend yield.
Before it’s here, it’s on Smartkarma
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