INVX 8/11/2565 : Thai Cabinet meeting today no Hemp agenda/Gulf +THCOM deal positive/Cut target price of RJH IIG BAM

: Research : BAM Neutral /cut target price to Bt 18 from Bt 21,lower NPLs and GPM vs Prefer MTC -1sd valuation

: IIG cut target price to Bt 47 from Bt 53, base on 34x PE from higher extra expense Bt 3.5 mil.> expected Bt 1 mil.

: RJH Neutral tp Bt 35 from Bt 41 with softer Covid19 revenues in FY’66

: GULF Outperform tp Bt 63, fair THCOM price deal with 41.13% @ Bt 9.92 to complete deal in 1Q’23. Expected Analyst meeting this afternoon

: GS expected China Reopening period in 2Q’65