th01
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Thailand: PTT swats monopoly tag

PTT Plc, the national oil and gas conglomerate, has defended itself against remarks by former Finance Minister Korn Chatikavanij about its takeover of SET-listed Glow Energy Plc, saying the acquisition was legal and is being vetted by regulators.  The former Democrat Party politician posted an article to the public last weekend, claiming this deal will give […]

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malay01
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Malaysia: 7-Eleven ‘sell’, Magnum ‘buy’, GD Express ‘neutral’, Bioalpha ‘add’

7-ELEVEN MALAYSIA By Maybank IB Research Rating: Sell Target Price: RM1.12 While the improvement in consumer sentiment bodes well for SEM’s sales outlook, there are headwinds ahead, said Maybank IB. “Minimum wage will raise overheads while the decision to maintain prices post sales tax implementation may dampen margins. Our financial year 2019/2020 earnings are cut […]

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