Moreover, KGI estimated PYLON as a laggard stock and to receive a positive sentiment from a new policy of the government. KGI expected a 2Q19 profit growth to grow 108% YoY to THB65 million (decreasing when compared to the previous quarter due to seasoning factor). KGI considered PYLON has a cheap valuation at PE 17.8x (the previous average was at 23x) and dividend yield 5%.【อ่านข้อความเต็ม】
Institutions poured another THB 3.35 billion to accumulate a total of THB 9 billion of selloffs in three trading days. Meanwhile, Individuals scooped shares at a lower price for a total of THB 2.13 billion, and Foreign Investors continued to invest in Thai market amid the strengthening of Thai baht.【อ่านข้อความเต็ม】
Moreover, Chantavarn Sucharitakul, Assistant Governor, informed that BOT does not expect the measure being issued on 12 July 2019 to have an immediate impact. “It’s a preventive measure to mitigate the impact from inflows of short-term funds in the future.”【อ่านข้อความเต็ม】