Analyst

Steve

Experience in both buy and sell-side in Asia.

Equity Bottom-Up

<ul>
<li>
<a href="https://www.smartkarma.com/entities/home-product-center-pcl" target="_blank" data-smartkarma-citation="entities:9906:1" rel="noopener">Home Product Center (HMPRO TB)</a> is a play on improving Thailand consumer sentiment driven by easing inflation, formation of new Thai government, and continued return of tourists.</li>
<li>The company is expected to open 10 new stores in 2023, a major pick up in growth from only 1.7% sales CAGR in 2017-2022. </li>
<li>Strong track record of management in execution and reputation. Valuation also reasonable. </li>
</ul>



Home Product Center (HMPRO TB) is a play on improving Thailand consumer sentiment driven by easing inflation, formation of new Thai government, and continued return of tourists.
The company is expected to open 10 new stores in 2023, a major pick up in growth from only 1.7% sales CAGR in 2017-2022. 
Strong track record of management in execution and reputation. Valuation also reasonable. 


Home Product Center (HMPRO TB): Return To Growth