Finansia Cyrus Securities Stating in an analysis today (9 Feb. 64) that TVO expects to benefit from the lack of palm oil at this time. As a result, the selling price of soybean oil has increased from 42-44 baht / bottle in January to 48-52 baht / bottle in February. And compared to the same period of last year and is expected to accelerate in Q1 / 2021
While the baht appreciation is positive for TVO as an importer, the share price trades PE only 12 times and expects the Dividend Yield 7% in 2021 to a target price of 44 baht.
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