CENTEL : Expect CENTEL to Make Profit in 2Q22
Maintain BUY recommendation for CENTEL with a target price of Bt49.0. We expect the company performance to turn a profit at Bt57m in 2Q22 from...
210 Views
CENTEL: Hotel Business Recovery Drives 1Q22 EBITDA Growth
We downgrade to HOLD rating from BUY rating with TP unchanged at Bt43, derived from DCF (WACC of 10% and TG of 2%), implying 28.6xPE’23. We...
226 Views
CENTEL: Brighter Outlook in 2022 and Beyond
Analyst meeting came out with a positive tone. We expect 2022 EBITDA to grow by 78%YoY supported by strong recovery in hotel businesses especially...
192 Views
CENTEL: The Seventh Consecutive Quarter Loss in 3Q21
We maintain BUY rating and roll-over our TP to Bt43 (+23% from previous TP) based on DCF method (WACC of 10% and terminal growth of 2%), implying...
263 Views
CENTEL: Losses Continue into 1Q21 Earnings
CENTEL reported 1Q21 net loss was at Bt476m compared to net loss of Bt45m in 1Q20 and net loss of Bt1.4bn in 4Q20. We upgrade our recommendation to...
147 Views