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Stock Pick Trading IdeaTRADING BUY STEC at a target price of ฿29.00/share, on average 10 years PER of 0.5SD. 1Q19 earnings of THB370m (+57% YoY) from revenue recognition from the Yellow, Pink, Orange lines, and GULF power plants. STEC targets new projects worth THB 35 billion this year, to add to the current backlog of up to THB 105 billion.
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