(RTTNews) - The Thai Stock market rebounded on Wednesday, one day after ending the four-day winning streak in which it had rallied almost 40 points or 2.7 percent. The Stock Exchange of Thailand now sits just above the 1,515-point plateau and it may extend its gains on Thursday.
(RTTNews) - The Thai Stock market rebounded on Wednesday, one day after ending the four-day winning streak in which it had rallied almost 40 points or 2.7 percent. The Stock Exchange of Thailand now sits just above the 1,515-point plateau and it may extend its gains on Thursday.
In the weeks leading up to Donald Trump’s second inauguration, conservatives in Japan were delighted and hopeful that his return would usher in robust economic growth, new trade opportunities and a stronger security relationship with Tokyo. Now, barely 18 months later, many of the conservatives admit to being shocked at the state of the bilateral relationship and mounting global uncertainties due ...
In the weeks leading up to Donald Trump’s second inauguration, conservatives in Japan were delighted and hopeful that his return would usher in robust economic growth, new trade opportunities and a stronger security relationship with Tokyo. Now, barely 18 months later, many of the conservatives admit to being shocked at the state of the bilateral relationship and mounting global uncertainties due to the US president’s policies. The conflict that he started in Iran was the final straw for some of...
As quantum computing advances, it introduces cybersecurity risks capable of compromising today's encryption methods. This is accelerating the adoption of post-quantum cryptography (PQC), forcing organizations to rethink how they secure data across distributed environments, especially at the edge. To prepare for this transition, NEXCOM, a leading supplier of network appliances, enables organization...
As quantum computing advances, it introduces cybersecurity risks capable of compromising today's encryption methods. This is accelerating the adoption of post-quantum cryptography (PQC), forcing organizations to rethink how they secure data across distributed environments, especially at the edge. To prepare for this transition, NEXCOM, a leading supplier of network appliances, enables organizations to prepare for PQC today with high-performance, PQC-ready edge cybersecurity solutions.
Chloe Wang, a 26-year-old fund employee in Shenzhen, said she “definitely wouldn’t” pay for a subscription to Doubao, Chinese tech giant ByteDance’s artificial intelligence chatbot, at its proposed price. “I’m willing to pay for AI tools, but I don’t think it’s worth that much – even though I find Doubao relatively easy to use among domestic AI products,” said Wang, who uses the app occasionally f...
Chloe Wang, a 26-year-old fund employee in Shenzhen, said she “definitely wouldn’t” pay for a subscription to Doubao, Chinese tech giant ByteDance’s artificial intelligence chatbot, at its proposed price. “I’m willing to pay for AI tools, but I don’t think it’s worth that much – even though I find Doubao relatively easy to use among domestic AI products,” said Wang, who uses the app occasionally for work-related queries. “If I had to pay for an AI tool as a productivity aid, I’d probably rather...
Jair Ferreira Belafacce/iStock Editorial via Getty Images I'm currently in the process of updating my theses and models for spirits, alcohol, and brewery businesses. I recently provided a rebased/recalculated model for Diageo ( DEO ), where I put a conservative share price but with an upside. In Ambev ( ABEV ), we ironically enough have a different thesis to look at. The company has outperformed a...
Jair Ferreira Belafacce/iStock Editorial via Getty Images I'm currently in the process of updating my theses and models for spirits, alcohol, and brewery businesses. I recently provided a rebased/recalculated model for Diageo ( DEO ), where I put a conservative share price but with an upside. In Ambev ( ABEV ), we ironically enough have a different thesis to look at. The company has outperformed as of late; in fact, it now trades at the premium P/E that Diageo once traded at , despite not only having lower fundamentals (BBB+ compared to A-) but also being a much more homogenous business in terms of its sales profile. This is interesting to me, which is why at this time I choose to use Ambev as another example for my updating of this sector. I will, in this article, focus on what makes Ambev a good company - why it may have outperformed, especially as of late, and what gives the company a risk consideration that you should look at. The company may have seen solid current results, but given its origins and capital structure, there are certain risk factors that should be considered that may speak against the current 18-20x P/E, even with a forecasted level of growth. I will also be looking at the company's relationship with Anheuser-Busch InBev ( BUD ), a company that I also cover. I'll look at both the company's conservative appeal in the case of a decline in sales trajectories, as well as an upside -and to be fair, the market seems to be currently estimating the company on the basis of upside (earnings growth). My thesis in this article is going to be a neutral or slightly bearish one for several reasons. First off, the overall high-level trends currently seen in drinking habits, which, while not as bad as some analysts are arguing, are certainly something to take into consideration. Secondly, the overall valuation, which I believe, as of the recent results reported yesterday, is slightly too positive for what's being given here. Ambev - Upside is Tricky to See Follo...
New Zealand is weighing the purchase of advanced warships from Japan or the UK to modernise its ageing fleet and bolster its defence capability. The South Pacific nation, member of the Five Eyes intelligence-sharing network alongside Australia, the US, the UK and Canada, is focused on Japanese Mogami-class or the UK’s Type 31 frigates. Discussions are under way with the Royal Australian Navy and t...
New Zealand is weighing the purchase of advanced warships from Japan or the UK to modernise its ageing fleet and bolster its defence capability. The South Pacific nation, member of the Five Eyes intelligence-sharing network alongside Australia, the US, the UK and Canada, is focused on Japanese Mogami-class or the UK’s Type 31 frigates. Discussions are under way with the Royal Australian Navy and the UK’s Royal Navy about the frigate replacement and ongoing service arrangements, Defence Minister...