reports
- Tanaporn Visaruthaphong
WHA Corporation (WHA TB) - 1Q24 Results Preview: Robust Earnings Expec...
We expect WHA to post 1Q24 earnings of Bt933m (+79% yoy, -62% qoq). Stronger yoy earnings are mainly driven by land transfers. We expect to see land transfers of 646 rai (+130% yoy, -41% qoq), with 388 rai in Thailand and 259 rai in Vietnam. Meanwhile, land transfers should amount to around 642 rai (32% yoy, -11% qoq). Looking forward, we expect positive sentiment of land sales and land transfers to continue for the rest of the year. Maintain BUY. Target price: Bt6.00.
- Arsit Pamaranont
IRPC (IRPC TB) - 1Q24 Preview: Still Facing Headwinds
After recent discussions with IRPC's IR team regarding the company’s 1Q24 results, it appears that IRPC is still facing headwinds from weaker demand in the petrochemical business. We maintain the view that earnings recovery will be delayed to 2H24. Maintain HOLD. Target price: Bt2.10.
- Benjaphol Suthwanish
SCGP (SCGP TB) -1Q24: Better-than-expected Net Profit
SCGP’s 1Q24 net profit increased both qoq and yoy, beating our and consensus expectations of 13% and 18% respectively due to effective cost management. We maintain our positive view on 2Q24 core profit, which is expected to increase yoy after demand in the region recovers. The acquisition of additional Fajar shares will end no later than 27 Aug 24. We view it as
Mueller Water Products Announces Quarterly Dividend
Mueller Water Products Announces Quarterly Dividend ATLANTA, April 23, 2024 (GLOBE NEWSWIRE) -- . (NYSE: MWA) announced that its Board of Directors has declared a quarterly dividend of 6.40 cents ($0.064) per share, payable on or about May 20, 2024, to stockholders of record as of the close of business on May 10, 2024. About Mueller Water Products, Inc. Mueller Water Products, Inc. is a leading manufacturer and marketer of products and services used in the transmission, distribution and measurement of water in North America. Our broad product and service portfolio includes engineered v...
- Arsit Pamaranont
- Benjaphol Suthwanish
- Tanaporn Visaruthaphong
Thailand Daily - Wednesday, April 24, 2024
KEY HIGHLIGHTS Results SCGP (SCGP TB/BUY/Bt33.25/Target: Bt38.00) 1Q24: Better-than-expected net profit. Update IRPC (IRPC TB/HOLD/Bt1.93/Target: Bt2.10) 1Q24 preview: Still facing headwinds. WHA Corporation (WHA TB/BUY/Bt4.66/Target: Bt6.00) 1Q24 results preview: Robust earnings expected.
Xunlei Filed Its Annual Report on Form 20-F for Fiscal Year 2023
Xunlei Filed Its Annual Report on Form 20-F for Fiscal Year 2023 SHENZHEN, China, April 24, 2024 (GLOBE NEWSWIRE) -- Xunlei Limited (“Xunlei” or the “Company”) (NASDAQ: XNET), a leading technology company providing distributed cloud services in China, today announced that it filed its annual report on Form 20-F for the fiscal year ended December 31, 2023 with the Securities and Exchange Commission (the “SEC”) on April 23, 2024. The annual report can be accessed on the Company’s investor relations website at or the SEC’s website at . About Xunlei Founded in 2003, Xunlei Limited (NASDAQ:...
Vertex, Inc. Announces Pricing of Upsized $300 Million Convertible Sen...
Vertex, Inc. Announces Pricing of Upsized $300 Million Convertible Senior Notes Offering KING OF PRUSSIA, Pa., April 23, 2024 (GLOBE NEWSWIRE) -- Vertex, Inc. (NASDAQ: VERX) (“Vertex”), a leading global provider of indirect tax solutions, today announced the pricing of $300 million aggregate principal amount of 0.750% convertible senior notes due 2029 (the “notes”) in a private offering to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”). The size of the offering was increased from the previously announced $250 millio...
Moody's Ratings assigns Baa3 rating to NHPC; outlook stable
Moody's Ratings (Moody's) has assigned Baa3 issuer ratings and ba1 Baseline Credit Assessment (BCA) to NHPC Limited. The outlook is stable. RATINGS RATIONALE NHPC's Baa3 rating reflects its BCA of ba1, the high level of extraordinary support from, and the company's very high level of dependenc...
- Leonard Law
Lucror Analytics - Morning Views Asia
Lucror Analytics Morning Views comprise our fundamental credit analysis, opinions and trade recommendations on high yield issuers in the region, based on key company-specific developments in the past 24 hours. Our Morning Views include a section with a brief market commentary, key market indicators and a macroeconomic and corporate event calendar. To request full and unrestricted access to Lucror’s research and analytics platform, please visit
Moody's Ratings assigns provisional ratings to Shift 2024-1 Trust
Moody's Ratings (Moody's) has assigned provisional ratings to notes to be issued by AMAL Trustees Pty Ltd, as trustee of Shift 2024-1 Trust. IMPORTANT NOTICE: MOODY'S RATINGS AND PUBLICATIONS ARE NOT INTENDED FOR USE BY RETAIL INVESTORS. SUCH USE WOULD BE RECKLESS AND INAPPROPRIATE. SEE FULL DISCL...
Moody's Ratings assigns definitive ratings to Suncorp-Metway's first R...
Moody's Ratings (Moody's) has assigned the following definitive ratings to two classes of notes issued by Perpetual Trustee Company Limited as trustee of the APOLLO Series 2024-1 Trust. IMPORTANT NOTICE: MOODY'S RATINGS AND PUBLICATIONS ARE NOT INTENDED FOR USE BY RETAIL INVESTORS. SUCH USE WOULD ...
Centessa Pharmaceuticals Announces Pricing of $100 Million Public Offe...
Centessa Pharmaceuticals Announces Pricing of $100 Million Public Offering of American Depositary Shares BOSTON and LONDON, April 23, 2024 (GLOBE NEWSWIRE) -- (Nasdaq: CNTA), a clinical-stage pharmaceutical company that aims to discover and develop medicines that are transformational for patients, today announced the pricing of an underwritten public offering of 10,810,810 American Depositary Shares (“ADSs”), each representing one ordinary share, at a price to the public of $9.25 per ADS. The aggregate gross proceeds to Centessa from this offering are expected to be approximately $100 mi...
Moody's Ratings upgrades BICSA to Ba3 deposit rating; outlook stable
Moody's Ratings (Moody's) has today upgraded Banco Internacional de Costa Rica, S.A.'s (BICSA) long-term foreign-currency deposit rating to Ba3 from B1, its long-term foreign-currency Counterparty Risk Rating (CRR) to Ba2 from Ba3 and its long-term Counterparty Risk Assessment (CRA) to Ba2(cr) from ...
- Maskun Ramli
- Posmarito Pakpahan
Moody's Ratings downgrades Operadora de Servicios Mega debt rating to ...
Moody's Ratings (Moody's) has today downgraded Operadora de Servicios Mega, S.A. de C.V., SOFOM, E.R.'s ("Mega") Corporate Family Rating (CFR) to Caa2 from B3, and its long-term local and foreign currency issuer ratings to Caa3 from Caa1, as well as its foreign currency senior unsecured debt ratings...
Moody's Ratings announces completion of a periodic review of ratings o...
Moody's Ratings (Moody's) has completed a periodic review of the ratings of Azul S.A. and other ratings that are associated with this issuer. The review was conducted through a rating committee held on 16 April 2024 in which Moody's reassessed the appropriateness of the ratings in the context of the...
- Valens Research
Valens Equity Weekly Insights - 2024 04 23
Micron Technology (MU) is a leader in the memory-storage segment of the chip market. Its stock took a major hit as DRAM prices collapsed in 2022. However, Uniform Accounting helps us see that the market is overreacting to the down part of the cycle, and it's understating Micron's strong position. Micron is one of three players to have consolidated the memory chip market between 1995 and 2014. While it used to struggle with profitability, especially through the down part of cycles, since 2014, ...
Moody's Ratings: No adverse rating impact on Series 2008-1M WST Trust ...
Moody's Ratings ("Moody's") announced today that the redemption of AUD6.5 billion of notes from Series 2008-1M WST Trust on 24 April 2024 (the Redemption) would not, in and of itself and as of this point in time, result in a reduction, placement on review for possible downgrade or withdrawal of Mood...
Unfortunately, this report is not available for the investor type or country you selected.
Report is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.