SCBS 25/1/2565 : Today Analyst meeting SCGP 25 Jan.at 15.30/Invitation for SCGP CFO Group 26/1/2565 at 10.00/Outperform CPALL tp Bt 70, MAKRO tp Bt 50, BDMS tp Bt 28, SPALI tp Bt 27

: Khon Lah Krung# 4 : Bt 1,200/person, Bt 150/day: register date on 1 Feb., effective 17 Feb.-30 April 2565+++Positive to Commerce

: Foreign Fund Flows focused on Financial and Commodity : SCBS Prefer BCP GULF

: Factors to watch : TOP capital raising process/ IPO BBGI positive to BCP KSL/ ACommerce IPO

: GS alerted for Sell off Bond, Value outperformed and Fx THB/USD 3/6/12 mth at 33.29/32.50/31.08. SET Index target at 1700. USD short term Neutral vs bearish medium, Prefer SGD and CNY. Bearish EM Asia Fixed Income