Support for green bond issuers is announced by the UN, GGGI, and the Cambodian government

/ June 27, 2023

CSX Stocks


CSX Index

Value 1D % Chg 1D Vol Mkt Cap (KHR'bn)
458.53 -0.07 548,102 6,954

Stock Performance

Stock Close (KHR) 1D chg (%) MTD chg (%) YTD chg (%) 1M high (KHR) 1M low (KHR) MTD vol (shr) Mkt cap (KHR'bn)
PWSA 7,480 0.00 -3.86 -1.06 7,880 7,440 72,980 651
GTI 3,090 -0.64 -7.49 -18.68 3,340 3,090 15,311 124
PPAP 14,220 0.14 1.43 1.57 14,420 14,020 5,160 294
PPSP 2,220 -0.45 -4.72 -7.11 2,340 2,220 79,072 160
PAS 12,820 -0.31 -4.19 -3.75 13,400 12,720 23,242 1,100
ABC 10,180 0.00 -0.59 -5.91 10,260 10,180 1,105,423 4,410
PEPC 2,900 0.00 -4.92 -7.94 3,050 2,900 3,499 217
DBDE 2,190 -1.35 -5.60 -8.37 2,320 2,190 93,725 40
JSL 3,890 -1.27 -5.58 -21.57 4,180 3,890 9,615 100
1D = 1 Day; 1M= 1 Month; MTD = Month-To-Date; YTD = Year-To-Date; Chg = Change; Vol = Volume; shr = share; Mkt cap = Market capitalization


Valuation Ratios

  EPS BPS* P/E P/B P/S EV/EBITDA
  ttm,mrq (ttm,KHR) KHR (ttm,x) (mrq,x) (ttm,x) (ttm,x)
PPWSA 3Q22 1,242 9,852 6.02 0.76 1.88 8.30
GTI 3Q22 178 7,138 17.38 0.43 0.27 61.67
PPAP 3Q22 2,897 18,416 4.91 0.77 1.98 5.43
PPSP 3Q22 328 3,576 6.76 0.62 0.92 15.82
PAS 3Q22 1,568 5,986 8.17 2.14 3.10 14.01
ABC 3Q22 1,702 12,067 5.98 0.84 1.51 NA
PEPC** 2Q22 33 1,468 87.99 1.98 1.00 24.97
DBDE 3Q22 -123 1,426 NA 1.54 0.66 2.40
NOTE: ttm= trailing-twelve months; mrq = most recent quarter; *Excluding equity of non-common shares for PPWSA, PPAP and PAS; **FY ending in June

News Highlights

Stock Market

GTI, PPSP, PAS decline; PPAP up 0.14% The CSX index dropped 0.07% to 458.5 points on June 27, 2023. GTI, PPSP, and PAS each experienced a decline of 0.64%, 0.45%, and 0.31%. Today's lone gainer, PPAP, is up merely 0.14%. PWSA, ABC, and PEPC were among the remaining main board stocks that did not change. Both DBDE and JSL decreased 1.35% and 1.27%, respectively, on the growth board. Due to CGSM's first trading day, there were 548,102 shares exchanged for a total of KHR 1,757 million, a tenfold increase from the volume on the previous closing day. (Source: YSC Research)

Economy and Industry

Support for green bond issuers is announced by the UN, GGGI, and the Cambodian government The Cambodia Sustainable Bond Accelerator was introduced in March by the Global Green Growth Institute (GGGI), the Securities and Exchange Regulator of Cambodia (SERC), the Economic and Social Commission for Asia and the Pacific (ESCAP), the Credit Guarantee and Investment Facility (CGIF), and GuarantCo, a subsidiary of the Private Infrastructure Development Group. Amret Plc, Golden Tee Co Ltd, and Royal Group Phnom Penh SEZ were the chosen issuers. Together, CGIF, ESCAP, GGGI, and GuarantCo will offer technical support and assistance to potential issuers, including assistance with the creation of bond frameworks, compliance with best practices, post-issuance reporting facilitation, and offering co-financing options to lower the cost of bond issuance and investment support. (Source: Khmer Times)

PM requests the quick formation of a commercial court The Ministry of Justice was encouraged by Prime Minister Hun Sen to swiftly establish a commercial court and to begin operations as early as this year. This would guarantee the settlement of trade and business disputes and enhance the environment for investments and business in Cambodia. According to the Ministry of Justice, the creation of the specialized court will boost investor confidence by enhancing the quality of case management services, which helps to lessen case backlog through expedited procedures. The National Commercial Arbitration Centre is the primary forum for resolving business disputes in Cambodia at the moment. Serious disputes are adjudicated through criminal courts. (Source: Khmer Times)

CDC approves 15 projects totaling roughly $220 million According to two statements, the Council for the Development of Cambodia (CDC)'s Cambodian Special Economic Zone Board (CSEZB) and Cambodian Investment Board (CIB) have approved 15 investment projects totaling $218.3 million, with plans to hire more than 17,000 workers to produce a range of goods at various locations. According to the two releases, CSEZB has approved eight investment projects totaling $176.9 million that have the potential to generate over 10,000 employment, while CIB has approved seven additional projects totaling $41.4 million that will create close to 7,000 jobs. (Source: Khmer Times)

Corporate News

Launch of the buy now, pay later platform by Mora The buy-now-pay-later (BNPL) platform Mora is now available to clients in Cambodia, offering no-interest and deferred payment options. The platform, which is owned by Mora BNPL PTE Cambodia, has partnerships with top offline and online merchants in the fields of fashion, cosmetics, lifestyle, and electronics. By the end of the next year, Mora, which is presently undergoing a pilot test, hopes to add 100 merchants, five payment service providers (PSPs), ten banks, 200 businesses, and 50,000 businesses. Mora plans to increase its subscriber base by 200,000 in 2025 and by 500,000 in 2026. Business owners can manage sales, loans, portfolios, payment collections, invoice settlement, risk reduction, and more with the help of the platform offered by Mora. (Source: Khmer Times)

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