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หวย ออก 1 สิงหาคม

หวย ออก 1 สิงหาคม

หวย ออก 1 สิงหาคม

The security company expected IRPC’s profitability to improve in FY21, however uncertainty remains on pace of GRM recovery. China will continue to add capacity additions in PP and ABS. The target price, linked to 0.8x P/B (-1.5SD below 10-yr avg) reflects this underlying dynamic. Market expects diesel to start normalizing in 2Q21. For petrochemicals, IHS Markit estimates that PP capacity additions in 2020/21 were 8.7MT/4.2MT which is sizeable. Most of this is coming from China given their push for self-dependence.

THAI had also cooperated with Spring Airlines, biggest low-cost Chinese airlines, to help carry Chinese tourists during the high season (December 2018 February 2019), and on Chinese New Year. Thai Airways would carry the Chinese tourists to their destinations in other countries. Meanwhile, Thai Air Asia, Nok Air, and Thai Smile are ready to carry Chinese tourists domestically as the free-visa promotion for Chinese tourists is available. THAI will consider discussing long-term business with Spring Airlines as well.

The security company expected IRPC’s profitability to improve in FY21, however uncertainty remains on pace of GRM recovery. China will continue to add capacity additions in PP and ABS. The target price, linked to 0.8x P/B (-1.5SD below 10-yr avg) reflects this underlying dynamic. Market expects diesel to start normalizing in 2Q21. For petrochemicals, IHS Markit estimates that PP capacity additions in 2020/21 were 8.7MT/4.2MT which is sizeable. Most of this is coming from China given their push for self-dependence.

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