, Thailand

Analyst names 3 ASEAN stocks with strong earnings growth forecast

Two are from finance sector.

According to Morgan Stanley, it estimates strong YoY earnings growth for Tenaga Nasional, Bank of Ayudhya and Siam Commercial Bank but weak YoY earnings growth for Vard Holdings, CapitaMall Trust and CapitaCommercial Trust (See Figure).

It also noted that since the beginning of Q2F13 earnings season, MSCI Thailand 2013 Consensus Earnings Estimates have been revised up the most (33 bps), while MSCI Philippines 2013 Consensus Earnings Estimates have been revised down the most (53 bps). 

Meanwhile, Health Care sector in Indonesia saw the most upward revision to 2013 Consensus earnings estimates, by 278 bps, whereas Industrials sector in the Philippines witnessed the most downward revision to 2013 consensus earnings estimates, by 140 bps.

Additionally, Bumi Resources 2013 Consensus EPS have been revised up the most (3.1%) since the beginning of this earnings season, whereas Vard Holdings 2013 Consensus EPS have been revised down the most (-8.5%) during this period.  

Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

Get Investment Asia | Investment News, Finance News, M&A News. in your inbox

Singapore's corporate bond market up 6.7% to $116b

Government agencies dominated the bond market.

Asian credit poised for a 'better year' in 2014

On back of a modest increase in US interest rates.

Japanese hedge funds climbed 26.77%

As Asian hedge funds outperformed peers.

Asian managers beat peers as hedge funds up 8% in 2013

Here's what boosted this growth.

Asian equity markets hold up against the US

Lousy start for 2014, says analyst.