Equity Analysis /
Thailand

RS PCL: The market isn’t always right

  • RS Mall versus bricks & mortar retail

  • Bt25.60/share for existing businesses …

  • …plus Bt1.40 for AMC business (excluding potential synergies)

Napon Jaisan
Napon Jaisan

Equity Research Analyst

Bualuang Securities
27 January 2021