Price moves into long term bullish support. Long BEM. TP: 10.50

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BANGKOK EXPRESSWAY AND METRO PCL (SET:BEM)

SET:BEM BANGKOK EXPRESSWAY AND METRO PCL

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BEM's initial drop due to traffic dropping 20% as a result of COVID. As a business, it is highly sustainable (rights to collect highway tolls and metro fees after build), with a big opportunity to grow as the country develops. Long.

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