Sunday, November 24th, 2024

Category: Market Updates

Bangkok Expressway & Metro: Driving Growth Through Concession Extensions and Strategic Fare Policies

Date of Report and Broker Information Date: October 28, 2024Broker: Maybank Securities (Thailand) PCL Investment Thesis Interest Rate Cuts ImpactBangkok Expressway & Metro (BEM) is anticipated to benefit from interest rate cuts by the...

Mapletree Pan Asia Comm. Trust: Navigating Market Headwinds with Strategic Resilience

Date of Report: October 28, 2024Broker: Maybank Research Pte Ltd Overview of Mapletree Pan Asia Comm. Trust (MPACT) Mapletree Pan Asia Comm. Trust (MPACT) is a prominent commercial Real Estate Investment Trust (REIT) investing...

Steady Growth and Strategic Moves Propel CapitaLand Ascendas REIT Forward

Report Date: October 27, 2024Broker: Maybank Research Pte Ltd Financial Overview and Stability CapitaLand Ascendas REIT (CLAR) reported steady financial metrics for 3Q24, confirming a consistent trend in operational stability. The REIT’s rent reversion...

Trimegah Bangun Persada: Driving 2025 Growth with Robust Nickel Production Expansion

Report Date and Broker Information Date: October 29, 2024 Broker: UOB Kay Hian Company OverviewTrimegah Bangun Persada, a vertically integrated nickel producer, operates on Obi Island, Indonesia, with over a decade of experience in...

Supalai Achieves Strong 3Q24 Earnings Growth Driven by High-Rise Transfers and Margin Expansion

Date: October 29, 2024Broker: UOB Kay Hian 3Q24 Earnings Growth Supalai (SPALI) is expected to report a robust net profit of Bt1.8 billion for the third quarter of 2024, marking a significant 52% year-on-year...

Quality Houses Faces Earnings Pressure in 3Q24 Amid Limited Project Launches and Weak Presales

Date: October 29, 2024Broker: UOB Kay Hian 3Q24 Earnings Performance Quality Houses (QH) is projected to post a net profit of Bt582 million for the third quarter of 2024, reflecting an 8% year-on-year (yoy)...

Pruksa Holding Navigates 3Q24 with Stable Revenue Amid Weak Presales and Strategic Diversification

Date: October 29, 2024Broker: UOB Kay Hian 3Q24 Profit Performance Pruksa Holding (PSH) is forecasted to report a net profit of Bt325 million in the third quarter of 2024, reflecting a 17% year-on-year (yoy)...

Origin Property Faces Mixed 3Q24 Results with Core Profit Recovery Amid Transfer Challenges

Date: October 29, 2024Broker: UOB Kay Hian 3Q24 Core Profit and Revenue Performance Origin Property (ORI) is projected to experience an improvement in core profit for the third quarter of 2024 on a quarter-on-quarter...

LPN Development Sees Earnings Dip Amid Promotional Pressures and Mixed Transfer Results in 3Q24

Date: October 29, 2024Broker: UOB Kay Hian 3Q24 Earnings Performance LPN Development (LPN) is projected to report a net profit of Bt71 million for the third quarter of 2024, reflecting a 32% year-on-year (yoy)...

Land and Houses Faces Pressured Earnings Amid Low-Rise Segment Challenges in 3Q24

Date: October 29, 2024Broker: UOB Kay Hian 3Q24 Earnings Projection Land and Houses (LH) is projected to report earnings of Bt920 million in the third quarter of 2024, which represents a 22% year-on-year (yoy)...