TRT Long Fundamentals and Electricity Demand
Updated
Currently P/BV sits at 0.68 which is lowest in it's sector. Transformers are expected to make a comeback in the next few quarters as the effects of the pandemic dies down. Hold as strong balance sheet is expected with reduced long term debts, backlogs and lower variable costs. Another good possibility is the weakening of THB that will positively affect profits due to expected improvement of exports.
Trade closed: target reached
Target reached. Better than expected.
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