SC - Higher 4Q24 presales, led by condos; Maintain BUY TP THB3.20

SAWAD - Expect headwinds on ROE; Maintain HOLD TP THB45.50

SPALI - 4Q24 presales rose y-y from condos; Maintain HOLD TP THB20.40

MTC - Positive catalysts lined up in 2025-26; Maintain BUY TP THB60.00

BA - Happy new year and new high in Samui; Maintain BUY TP THB30.00

TIDLOR - High profit growth for pursuit; Upgrade to BUY TP THB20.50

AMATA - 2024-25 could see highest profits ever; Initiate with BUY TP THB34.00

RATCH - A safe growth play; Re-initiate with BUY TP THB36.00

SAV - Volatile market, but the sky is clear; Maintain BUY TP THB27.50

CPAXT - Concerns regarding risks of Happitat; Maintain BUY TP THB34.00