SCBS23/2/2565 :**

Today XD LPN Bt 0.05/INTUCH Bt 1.60/ Meeting 10.00 SPRC/14.00 GULF /14.30 BEC/15.00 ERW/16.00 DOHOME/18.00 TU/19.00 BJC***Downgrade SPALI NYT THREL to Neutral.

***Funds Flow In Renew. EV , Healthcare , Consumer Auto and Warning for US Tech Financials

***: Brent $ 70 implied Thai GDP’2564 at 3.6%/CPI 1.6%/RP 0.5% vs War Cast Brent $ 100 impact GDP 3.4%/CPI 3.1%/RP 1%

***Today XD LPN Bt 0.05/INTUCH Bt 1.60/ Meeting 10.00 SPRC/14.00 GULF /14.30 BEC/15.00 ERW/16.00 DOHOME/18.00 TU/19.00 BJC

***Downgrade SPALI to Neutral tp Bt 26.50, weak 2565 Earnings from high base 2564***share buyback to sell 195 mil.shs. during 8 Mar.2565-9 July 2566

***Downgrade NYT to Neutral tp Bt 5, 21Xpe,dragged down by 1H’65 Sea Horse Ferry loss contribution and to recover in 2H’65. XD Bt 0.16, DY 3.5% on May 5,2565

***Downgrade THREL Neutral tp Bt 4.70, higher commission ratio, lower ROI vs Prefer BLA vs Market trading TIPH from FTSE addition