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Good dividend yield gives KKP another outstanding point as AWS anticipates the company to pay a dividend of Bt5.50 per share for the year 2019, which is accounted for a return of 8.6% per year. Thus, AWS reiterates its BUY call with a target price of Bt80.00 based on a 1.50x Prospective PBV method.
Good dividend yield gives KKP another outstanding point as AWS anticipates the company to pay a dividend of Bt5.50 per share for the year 2019, which is accounted for a return of 8.6% per year. Thus, AWS reiterates its BUY call with a target price of Bt80.00 based on a 1.50x Prospective PBV method.
4) Crude oil price was up due to the expectation that the OPEC will decide to extend the time in cutting their oil production to mid-2020 as well as to reduce oil production from the increasing amount of 1.2 million barrels per day to 1.6 million barrels per day in the meeting on 5-6 December 2019.
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