Daily BriefsThailand

Thailand: Platinum Group PCL and more

In today’s briefing:

  • Platinum (PLAT): The Shoppers Coming Back

Platinum (PLAT): The Shoppers Coming Back

By Henry Soediarko

  • The Thai government plans to scrap pre-travel COVID-19 to boost tourism, and visitors will only be tested on arrival in Thailand – expect to have more tourists in Thailand.
  • Q4 2021 revenue started to bounce higher YoY although still 50% of pre-COVID level but shows some promise. 
  • Platinum Group PCL (PLAT TB)  share price went up by 24%within a year, with a 0.7x PBR to 1.02x PBR. Still early but why wait longer? 

Before it’s here, it’s on Smartkarma