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Thai Equity - Bottom-up - Equities, Pi Securities PCL, Thailand

Pi Research

Thai Equity - Bottom-up - Equities

Leading, full-service investment firm in Thailand

Pi Securities PCL, Thailand

Pi Securities is a well known securities company with 40 years experience in the industry, serving more than 60,000 clients. We offer one - stop service providing full range of financial products and services including extensive Brokerage, Proprietary Trading (Equities and Bonds), Advisory Services, Structured Products.

Moreover, our new research team tailored for institutional clients to focus on mid to small cap of Thai equities and trading strategies. Our services offered to our premium clients also include arrangement of company or site visits to with the managements of Thai listed companies.

Note: Effective on 1 March 2022, Country Group Securities PCL changed its name to Pi Securities

Equity Bottom-Up

<ul>
<li>Analyst meeting came out with a positive tone. we expect 2022-24E earnings to continue to grow at 19%CAGR supported by new products launch and market expansion in SEA, especially </li>
<li>Both product and market expansion will be key growth drivers in 2022.</li>
<li>Cut 2022-24E forecast  to reflect the sluggish economy.  Announce annual DPS of Bt0.50 (XD on 5 May).</li>
</ul>


Analyst meeting came out with a positive tone. we expect 2022-24E earnings to continue to grow at 19%CAGR supported by new products launch and market expansion in SEA, especially 
Both product and market expansion will be key growth drivers in 2022.
Cut 2022-24E forecast  to reflect the sluggish economy.  Announce annual DPS of Bt0.50 (XD on 5 May).


Ichitan Group

ICHI: Bright Outlook in 2022 and Beyond