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>We remain positive on Lotus’s earnings recovery outlook in 4Q22 and ahead in 2023 after the site visit at Lotus’s North Ratchapruek mall, backed by: 1) Stronger SSSG outlook thanks </li>
<li>Positive toward Site visit at Lotus’s North Ratchapruek  We have visited the flagship community center at Lotus’s North Ratchapruek.This community mall is the first store transformation of Lotus’s hypermarket store</li>
<li>Lotus’s invested Bt1.5bn for Lotus’s North Ratchapruek project, comprising of 50% for cost of land (freehold) and 50% construction cost.</li>
</ul>


We remain positive on Lotus’s earnings recovery outlook in 4Q22 and ahead in 2023 after the site visit at Lotus’s North Ratchapruek mall, backed by: 1) Stronger SSSG outlook thanks 
Positive toward Site visit at Lotus’s North Ratchapruek  We have visited the flagship community center at Lotus’s North Ratchapruek.This community mall is the first store transformation of Lotus’s hypermarket store
Lotus’s invested Bt1.5bn for Lotus’s North Ratchapruek project, comprising of 50% for cost of land (freehold) and 50% construction cost.


MAKRO : Lotus’s Malls Transformation to Meet the New Customers’ Lifestyle

CP Axtra

MAKRO : Lotus’s Malls Transformation to Meet the New Customers’ Lifestyle