Thailand

Thai Vegetable Oil PCL: Lower GM for SBO anticipated for 4Q22 into 2023

  • GM to weaken QoQ in 3Q22, led by a jump in SB cost …

  • … and a bigger slide QoQ in 4Q22, thanks to lower SBO sales price

  • Target price adjusted for new share dilution of stock dividend

https://cdn.tellimer.com/providers/badge-bualuang-securities-IgdCtOJav0lrQzqIgisZQ69ULnc5gL0l22ddwImZ.png
Prasit Sujiravorakul @ Bualuang Securities
September 26th, 2022
Subscribe to read this report

You can read this report by subscribing to a Starter or Pro plan today.

Already have an account? Log in

Subscribe to read this report

You can read this report by subscribing to a Starter or Pro plan today.

Already have an account? Log in

Recommendations

Access to recommendations is a Pro feature.

Most Read

1 ∙ Strategy Note ∙ Global
Fixed income strategy: 2024 outlook – pick your battles
2 ∙ Strategy Note ∙ Global
6 lessons from EM Equities in 2023
3 ∙ Macro ∙ Pakistan
Pakistan IMF review sparks rally amid improved external trade and inflation
4 ∙ Macro ∙ Global
US rate cycles: How long do peak rates last?
5 ∙ Macro ∙ Global
Kenya to abandon Eurobond plan, Bank of Mauritius leaves rates unchanged

Disclosures

This publication is being distributed by Tellimer solely for information purposes irrespective of a particular user's means, financial situation or investment objectives. The information does not constitute investment recommendation, and nor is it investment, legal or tax advice or an offer or solicitation to purchase or sell any financial instrument.

This publication is not intended for distribution to, or use by, any person or entity in any jurisdiction in any country where such distribution or use would be contrary to law or regulation, or which would subject Tellimer to any registration requirement within such jurisdiction or country.

This research is produced by a third party. The Tellimer team has had no editorial input into the content of the note.