Equity Analysis /
Thailand

Thailand (Bualuang): Agro & Food - Add KSL and drop GFPT from our sectoral picks

  • Bearish on “livestock meat” sub-sector in 2Q21 through 2H21

  • YoY 3Q21 core profit drop expected for CPF, TU and TFG

  • Bullish on “soft commodities”; Add KSL to our sectoral picks

Prasit Sujiravorakul
Prasit Sujiravorakul

Equity Research Analyst

Bualuang Securities
28 May 2021