TVO | Long-term Supply & Demand Trade Setup | Weekly AnalysisTVO | Thailand SET Index | Chart Pattern Trading
> Top 10 dividend stock estimated 6+% annually
> Megaphone - Falling Wedge Reversal pattern BREAKOUT @ DEMAND SUPPORT
> Medium Term Target Zone at key Volume Profile Resistance
> RSI bullish signal cross over MA above 50
> MACD bullish golden cross s
2.6 THB
2.10 B THB
30.60 B THB
About THAI VEGETABLE OIL CO
Sector
Industry
CEO
Pachai Chanpitaksa
Website
Headquarters
Bangkok
Founded
1967
ISIN
TH0209010R15
FIGI
BBG000BX8V52
Thai Vegetable Oil Public Co. Ltd. engages in the manufacture and distribution of soy meal and soybean oil. It operates through the following segments: Manufacture and Distribution of Products from Soybean, Manufacture and Distribution of Packaging Products, and Others. The Others segment includes the distribution of consumer products. The company was founded in 1967 and is headquartered in Bangkok, Thailand.
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THAILAND SET: TVO THAI VEGETABLE OIL - SPECULATIVE BUYSpeculative BUY: TVO - Thai Vegetable Oil - Q2/21 Est. +113% QOQ, +92%YOY
> Weak Thai Baht - better export sales exchange rate
> Future Soy Bean rebounded as a positive factor for animal food supply profit contribution.
> Expect dividend 1.50 baht/share mid year (almost 5%, total year payout 8%)
R
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Summarizing what the indicators are suggesting.
Oscillators
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Neutral
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Neutral
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Neutral
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Moving Averages
Neutral
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Moving Averages
Neutral
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