22 Sept 2024
Current Price 3.78
-Price Pattern shows symmetrical triangle -> wait till break trend line -> up or down
-Fct 3Q24 core profit ~ 800-900 THB (+QoQ -YoY)
Headwind
-Fct 3Q24 OP is not good due to XPCL site (contribute 32% of total CKP's capacity) shut down (2 times) -> over flow water from China
-La Nina will take less impact -> low supply -> NP drop
Tailwind
-FED cut int rate 50 bps (every 25bps affect 80-90M) -> 3/4QY24 NP improve ~ 180MTHB but cannot subside shutdown/lower output from XPCL
-THB appreciate -> Hedging -> Capital Gain
-LPBL construction progress ~ 30 and does not get affect from flooding
TP 4THB
MOS 20%@ 3.2
MOS 25%@ 3.0
MOS 30%@ 2.8
Current Price 3.78
-Price Pattern shows symmetrical triangle -> wait till break trend line -> up or down
-Fct 3Q24 core profit ~ 800-900 THB (+QoQ -YoY)
Headwind
-Fct 3Q24 OP is not good due to XPCL site (contribute 32% of total CKP's capacity) shut down (2 times) -> over flow water from China
-La Nina will take less impact -> low supply -> NP drop
Tailwind
-FED cut int rate 50 bps (every 25bps affect 80-90M) -> 3/4QY24 NP improve ~ 180MTHB but cannot subside shutdown/lower output from XPCL
-THB appreciate -> Hedging -> Capital Gain
-LPBL construction progress ~ 30 and does not get affect from flooding
TP 4THB
MOS 20%@ 3.2
MOS 25%@ 3.0
MOS 30%@ 2.8
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.