Thai Airways Could Return to Being State Run -- Market Talk

Dow Jones
10/16

0454 GMT - The chance that Thai Airways International may return to the Thai finance ministry's control turns UOB Kay Hian bearish on the stock. The Thai finance ministry nominated 10 candidates to replace three board directors who are soon to end their terms. Shareholders will vote on the matter at Thai Airways' annual general meeting, but the issue could be an overhang on the airline's shares in the meantime, say UOB KH's analysts in a note. "We fear that [Thai Airways] would revert to the state when strategic decisions were not in line with the airline business practice and operational performance was inefficient," they say. UOB KH downgrades its rating to hold from buy and lowers its target price to THB11.00 from THB17.00. Shares rise 2.0% to THB10.20.(megan.cheah@wsj.com)

 

(END) Dow Jones Newswires

October 16, 2025 00:54 ET (04:54 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

應版權方要求,你需要登入查看該內容

免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。

熱議股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10