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EASTW – Good dividend yield of 7-9% supported by secured earnings
We initiate coverage on EASTW with a rating of Outperform and a DCF based target price of Bt8.80. It is our top pick due to its strong dividend yield of…
Utilities sector (Water): Oasis amid the storm
Most defensive sector among the dividend plays We see Thailand’s water sector as the most defensive among the dividend plays, even compared to power developers. This is due to a…
